WillScot Holdings (WSC) Net Margin (2016 - 2026)
WillScot Holdings (WSC) posted quarterly Net Margin of 5.13% for Q1 2026, down 257.0% year-over-year from 3.27% in Q1 2025, and up 115.49% quarter-over-quarter from 33.1% in Q4 2025.
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WillScot Holdings (WSC) Net Margin (2016 - 2026) Analysis & Trends
WillScot Holdings (WSC) has reported Net Margin for 10 consecutive years, with 5.13% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 257.0% year-over-year to 5.13%; the TTM figure through Mar 2026 stood at 2.99% (down 481.0% YoY), while the FY2023 annual figure was 5.69%, down 720.0% from the prior year.
- Net Margin advanced to 5.13% in Q1 2026 per WSC's latest filing, from 33.1% in the prior quarter.
- Across five years, Net Margin topped out at 31.14% in Q1 2023 and bottomed at 33.1% in Q4 2025.
- Historically, Net Margin has averaged 2.91% across 4 years, with a median of 6.39% in 2026.
- Annual changes were most pronounced in 2022 — Net Margin sank 886 bps — and 2023, when it surged 2845 bps.
- WillScot Holdings' Net Margin stood at 2.14% in 2022, then sank by 217 bps to 6.77% in 2023, then sank by 389 bps to 33.1% in 2025, then soared by 115 bps to 5.13% in 2026.
- Business Quant data shows WSC's Net Margin at 5.13% in Q1 2026, 33.1% in Q4 2025, and 7.64% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.34 Bn | 30.31 Bn | 978.00 Mn | 8.21% |
| 2 | AerCap Holdings | 25.16 Bn | 25.16 Bn | - | 42.38% |
| 3 | Ryder System | 9.39 Bn | 9.39 Bn | 1.45 Bn | 3.97% |
| 4 | Gatx | 6.25 Bn | 6.25 Bn | 555.30 Mn | 12.72% |
| 5 | Avis Budget | 5.18 Bn | 4.62 Bn | - | 2.10% |
| 6 | Herc Holdings | 5.08 Bn | 5.04 Bn | 713.00 Mn | 1.58% |
| 7 | EquipmentShare.com | 4.46 Bn | 4.02 Bn | 411.00 Mn | 1.10% |
| 8 | WillScot Holdings | 3.73 Bn | 3.73 Bn | 306.26 Mn | 7.67% |
| 9 | Mcgrath Rentcorp | 2.76 Bn | 2.76 Bn | 107.91 Mn | 15.23% |
| 10 | Custom Truck One Source | 2.09 Bn | 2.08 Bn | 123.97 Mn | 1.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.67% |
| Mar 31, 2026 | 5.13% |
| Dec 31, 2025 | -33.10% |
| Sep 30, 2025 | 7.64% |
| Jun 30, 2025 | 8.14% |
| Mar 31, 2025 | 7.69% |
| Dec 31, 2024 | 14.80% |
| Sep 30, 2024 | -11.71% |
| Jun 30, 2024 | -7.75% |
| Mar 31, 2024 | 9.58% |
| Dec 31, 2023 | 14.10% |
| Sep 30, 2023 | 15.13% |
| Jun 30, 2023 | 15.07% |
| Mar 31, 2023 | 44.63% |
| Dec 31, 2022 | 14.63% |
| Sep 30, 2022 | 32.04% |
| Jun 30, 2022 | 14.03% |
| Mar 31, 2022 | 11.34% |
| Dec 31, 2021 | 15.33% |
| Sep 30, 2021 | 1,250.08% |