WillScot Holdings (WSC) Operating Margin (2016 - 2026)
WillScot Holdings' Operating Margin came in at 19.19% for Q2 2026, down 2.35 percentage points from 21.54% a year earlier but up 1.57 percentage points from the prior quarter.
WillScot Holdings (WSC) Operating Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, WillScot Holdings reported Operating Margin of 6.51%, down 9.88 percentage points year-over-year; for FY2025, it came in at 7.95%, down 3.06 percentage points from FY2024.
- Operating Margin carries a five-year change of -4.76 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 11.02% in FY2024 (-17.46 pp), 28.48% in FY2023 (+4.61 pp), 23.87% in FY2022 (+5.92 pp) and 17.95% in FY2021 (+5.25 pp).
- The five-year range for quarterly Operating Margin is -32.46% (Q4 2025) to 29.45% (Q3 2023).
- Year-over-year, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of -6.79 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2025 (a gain of 26.82 percentage points), and the weakest in Q4 2025 (a drop of 61.40 percentage points).
- Business Quant data shows WSC's Operating Margin at 17.62% (Q1 2026), -32.46% (Q4 2025) and 20.96% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 25.80% |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 16.07% |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 21.02% |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 8.19% |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 22.18% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 9.54% |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 5.73% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 11.78% |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 11.32% |
| 10 | WillScot Holdings | 2.94 Bn | 2.88 Bn | 306.26 Mn | 19.19% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.19% |
| 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 | 21.10% |
WillScot Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=WSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "WSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=WSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();