WillScot Holdings (WSC) Tax Rate (2020 - 2025)
WillScot Holdings' Tax Rate came in at 23.43% for Q4 2025, up 0.97 percentage points from 22.47% a year earlier but down 4.75 percentage points from the prior quarter.
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Analysis
WillScot Holdings (WSC) Tax Rate (2020 - 2025) Analysis & Trends
For FY2025, WillScot Holdings' Tax Rate was 4.39%, down 18.77 percentage points from FY2024.
- Tax Rate carries a five-year change of +1590.57 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 23.15% in FY2024 (-3.87 pp), 27.02% in FY2023 (+2.69 pp), 24.33% in FY2022 (+0.21 pp) and 24.12% in FY2021 (+1610.31 pp).
- The five-year range for quarterly Tax Rate is -26.58% (Q3 2022) to 118.48% (Q4 2022).
- Year-over-year, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of +0.27 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2021 (a gain of 583.11 percentage points), and the weakest in Q4 2023 (a drop of 91.64 percentage points).
- Business Quant data shows WSC's Tax Rate at 28.19% (Q3 2025), 29.42% (Q2 2025) and 29.38% (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 25.22% |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 24.81% |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 23.76% |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 24.71% |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 22.94% |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 24.84% |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 20.91% |
| 10 | WillScot Holdings | 2.84 Bn | 2.77 Bn | 306.26 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 28.19% |
| Jun 30, 2025 | 29.42% |
| Mar 31, 2025 | 29.38% |
| Dec 31, 2024 | 22.47% |
| Mar 31, 2024 | 23.31% |
| Dec 31, 2023 | 26.83% |
| Sep 30, 2023 | 26.39% |
| Jun 30, 2023 | 26.49% |
| Mar 31, 2023 | 28.56% |
| Dec 31, 2022 | 118.48% |
| Mar 31, 2022 | 23.66% |
| Dec 31, 2021 | 9.42% |
| Sep 30, 2021 | 8.34% |
| Jun 30, 2021 | 48.03% |
| Mar 31, 2021 | 70.34% |
| Mar 31, 2020 | 0.87% |
API Access
WillScot Holdings Tax Rate 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=tax-rate&ticker=WSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();