WillScot Holdings (WSC) Tax Rate (2017 - 2025)
WillScot Holdings (WSC) reported Tax Rate of 23.43% for Q4 2025, up 97.0% year-over-year from 11.9% in Q4 2024, and down 16.86% quarter-over-quarter from 28.19% in Q3 2025.
WillScot Holdings (WSC) Tax Rate (2017 - 2025) Analysis & Trends
WillScot Holdings (WSC) has 9 years of Tax Rate data on file, last reported at 23.43% in Q4 2025.
- Tax Rate for Q4 2025 came in at 23.43%, up 97.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 4.39% (down 1877.0% YoY), and the FY2025 annual result was 4.39%, down 1877.0% from the prior year.
- Tax Rate retreated to 23.43% in Q4 2025 per WSC's latest filing, from 28.19% in the prior quarter.
- Over five years, Tax Rate peaked at 118.48% in Q4 2022 and troughed at 26.58% in Q3 2022.
- A 5-year average of 26.79% and a median of 25.03% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2021 and 2023: Tax Rate soared 58311 bps in 2021, then sank 9164 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 9.42% in 2021, then surged by 1157 bps to 118.48% in 2022, then sank by 77 bps to 26.83% in 2023, then dropped by 16 bps to 22.47% in 2024, then grew by 4 bps to 23.43% in 2025.
- Business Quant data shows WSC's Tax Rate at 23.43% in Q4 2025, 28.19% in Q3 2025, and 29.42% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 28.33 |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 21.19 |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | 31.18 |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 26.67 |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | - |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | -4.35 |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 26.68 |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | -7.81 |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | -3.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.43% |
| Dec 31, 2025 | 23.43% |
| Sep 30, 2025 | 28.19% |
| Sep 30, 2025 | 28.19% |
| Jun 30, 2025 | 29.42% |
| Jun 30, 2025 | 29.42% |
| Mar 31, 2025 | 29.38% |
| Mar 31, 2025 | 29.38% |
| Dec 31, 2024 | 22.47% |
| Dec 31, 2024 | 22.47% |
| Sep 30, 2024 | 22.59% |
| Sep 30, 2024 | 22.59% |
| Jun 30, 2024 | 22.92% |
| Jun 30, 2024 | 22.92% |
| Mar 31, 2024 | 23.33% |
| Mar 31, 2024 | 23.33% |
| Dec 31, 2023 | 26.83% |
| Dec 31, 2023 | 26.83% |
| Sep 30, 2023 | 26.39% |
| Sep 30, 2023 | 26.39% |