WillScot Holdings (WSC) Operating Margin (2016 - 2026)
WillScot Holdings (WSC) reported Operating Margin of 17.62% for Q1 2026, down 373.0% year-over-year from 6.45% in Q1 2025, and up 154.29% on a QoQ basis from 32.46% in Q4 2025.
WillScot Holdings (WSC) has 11 years of Operating Margin data on file, last reported at 17.62% in Q1 2026.
- Quarterly Operating Margin fell 373.0% year-over-year to 17.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.99% (down 371.0% YoY) and the FY2025 annual result came in at 7.95%, down 306.0% from the prior year.
- Operating Margin grew to 17.62% in Q1 2026 per WSC's latest filing, from 32.46% in the prior quarter.
- Across five years, Operating Margin topped out at 29.45% in Q3 2023 and bottomed at 32.46% in Q4 2025.
- The 5-year median for Operating Margin is 21.82% (2022), against an average of 17.71%.
- The widest annual swing landed in 2022, when Operating Margin tumbled 180225 bps; it then surged 2682 bps in 2025.
- Tracing WSC's Operating Margin over 5 years: stood at 28.99% in 2022, then declined by 0 bps to 28.93% in 2023, then gained by 0 bps to 28.95% in 2024, then slumped by 212 bps to 32.46% in 2025, then surged by 154 bps to 17.62% in 2026.
- Per Business Quant, the three latest WSC Operating Margin figures stand at 17.62% (Q1 2026), 32.46% (Q4 2025), and 20.96% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 12.69% |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 0.45% |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 381.90% |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 25.96% |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 17.62% |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 25.72% |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 21.86% |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 6.82% |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | 4.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.62% |
| Dec 31, 2025 | -32.46% |
| Sep 30, 2025 | 20.96% |
| Jun 30, 2025 | 21.54% |
| Mar 31, 2025 | 21.34% |
| Dec 31, 2024 | 28.95% |
| Sep 30, 2024 | -5.86% |
| Jun 30, 2024 | -0.87% |
| Mar 31, 2024 | 22.13% |
| Dec 31, 2023 | 28.93% |
| Sep 30, 2023 | 29.45% |
| Jun 30, 2023 | 28.61% |
| Mar 31, 2023 | 26.82% |
| Dec 31, 2022 | 28.99% |
| Sep 30, 2022 | 24.99% |
| Jun 30, 2022 | 21.82% |
| Mar 31, 2022 | 18.11% |
| Dec 31, 2021 | 15.70% |
| Sep 30, 2021 | 1,827.24% |
| Jun 30, 2021 | 17.43% |
| Mar 31, 2021 | 20.13% |
| Dec 31, 2020 | 20.85% |
| Sep 30, 2020 | 5.99% |
| Jun 30, 2020 | 15.99% |
| Mar 31, 2020 | 9.92% |
| Dec 31, 2019 | 14.38% |
| Sep 30, 2019 | 11.10% |
| Jun 30, 2019 | 9.97% |
| Mar 31, 2019 | 8.46% |
| Dec 31, 2018 | -1.67% |
| Sep 30, 2018 | 0.10% |
| Jun 30, 2018 | 4.20% |
| Mar 31, 2018 | 3.31% |
| Dec 31, 2017 | -66.39% |
| Sep 30, 2017 | 4.63% |
| Jun 30, 2017 | 10.35% |
| Mar 31, 2017 | 4.86% |
| Dec 31, 2016 | -15.57% |
| Sep 30, 2016 | 6.35% |
| Jun 30, 2016 | 5.46% |
| Mar 31, 2016 | -0.19% |