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WillScot Holdings (WSC) Operating Leases (2019 - 2026)

WillScot Holdings (WSC) reported Operating Leases of $231.1 million for Q1 2026, up 20.52% year-over-year from $191.7 million in Q1 2025, and down 4.49% on a QoQ basis from $241.9 million in Q4 2025.

WillScot Holdings (WSC) has 8 years of Operating Leases data on file, last reported at $231.1 million in Q1 2026.

  • Quarterly Operating Leases rose 20.52% year-over-year to $231.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $231.1 million (up 20.52% YoY) and the FY2025 annual result came in at $241.9 million, up 20.44% from the prior year.
  • Operating Leases slipped to $231.1 million in Q1 2026 per WSC's latest filing, from $241.9 million in the prior quarter.
  • Across five years, Operating Leases topped out at $259.8 million in Q1 2024 and bottomed at $169.6 million in Q4 2022.
  • The 5-year median for Operating Leases is $221.4 million (2025), against an average of $214.9 million.
  • The widest annual swing landed in 2023, when Operating Leases fell 29.66%; it then surged 52.92% in 2024.
  • Tracing WSC's Operating Leases over 5 years: stood at $169.6 million in 2022, then advanced by 10.74% to $187.8 million in 2023, then rose by 6.94% to $200.9 million in 2024, then climbed by 20.44% to $241.9 million in 2025, then decreased by 4.49% to $231.1 million in 2026.
  • Per Business Quant, the three latest WSC Operating Leases figures stand at $231.1 million (Q1 2026), $241.9 million (Q4 2025), and $221.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn
5 Avis Budget 5.57 Bn 5.16 Bn -
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn

Historic Data

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DateValue
Mar 31, 2026 231.08 Mn
Dec 31, 2025 241.93 Mn
Sep 30, 2025 221.41 Mn
Jun 30, 2025 192.55 Mn
Mar 31, 2025 191.74 Mn
Dec 31, 2024 200.88 Mn
Sep 30, 2024 257.84 Mn
Jun 30, 2024 190.75 Mn
Mar 31, 2024 259.83 Mn
Dec 31, 2023 187.84 Mn
Sep 30, 2023 249.95 Mn
Jun 30, 2023 235.43 Mn
Mar 31, 2023 169.91 Mn
Dec 31, 2022 169.62 Mn
Sep 30, 2022 226.75 Mn
Jun 30, 2022 183.85 Mn
Mar 31, 2022 241.58 Mn
Dec 31, 2021 169.73 Mn
Sep 30, 2021 233.59 Mn
Jun 30, 2021 184.87 Mn
Mar 31, 2021 229.19 Mn
Dec 31, 2020 231.82 Mn
Sep 30, 2020 187.06 Mn
Jun 30, 2020 117.16 Mn
Mar 31, 2020 119.32 Mn
Dec 31, 2019 147.56 Mn