WillScot Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,281	2,396	2,365	2,143	1,673
Revenue Growth (YoY)	-4.77%	1.31%	10.37%	28.07%	31.42%
Cost of Revenue	1,077	1,094	1,031	1,007	828.28
Gross Profit	1,205	1,302	1,334	1,135	844.7
Selling, General & Admin	573.56	580.13	596.09	552.01	452
Other Operating Expenses	30.15	29.79	17.37	24.52	27.89
Operating Expenses	699.76	692.75	686.38	638.91	541.66
Operating Income	504.83	609.09	647.49	496.57	303.04
Interest Expense	-231.51	-227.31	-205.04	-146.28	-116.36
Currency Exchange Gain (Loss)	-0.21	-0.59	-6.75	-0.89	-0.43
Other Non Operating Income (Expenses)	-	-	-	-	-26.6
EBT Excluding Unusual Items	273.11	381.19	435.7	349.41	159.66
Merger & Restructuring Charges	-310.38	-239.13	-	-15.4	-28.41
Gain (Loss) on Sale of Assets	28.22	27.09	32.72	31.2	26.18
Asset Writedown	-41	-132.54	-	-	-
Other Unusual Items	-5.36	-	-	-	-6
Pretax Income	-55.42	36.6	468.42	365.2	151.42
Income Tax Expense	-2.43	8.48	126.58	88.86	36.53
Earnings From Continuing Operations	-52.99	28.13	341.84	276.34	114.9
Earnings From Discontinued Operations	-	-	134.61	63.2	45.25
Net Income to Company	-52.99	28.13	476.46	339.54	160.14
Net Income	-52.99	28.13	476.46	339.54	160.14
Net Income to Common	-52.99	28.13	476.46	339.54	160.14
Net Income Growth	-	-94.10%	40.32%	112.02%	116.04%
Shares Outstanding (Basic)	182	188	199	217	227
Shares Outstanding (Diluted)	182	190	202	221	233
Shares Change (YoY)	-4.15%	-5.73%	-8.83%	-4.90%	31.32%
EPS (Basic)	-0.29	0.15	2.40	1.57	0.71
EPS (Diluted)	-0.29	0.15	2.36	1.54	0.68
EPS Growth	-	-93.66%	53.50%	124.36%	178.23%
Free Cash Flow	485.84	326.35	563.32	328.56	286.12
Free Cash Flow Per Share	2.66	1.72	2.79	1.48	1.23
Dividend Per Share	0.280	-	-	-	-
Gross Margin	52.80%	54.34%	56.41%	53.00%	50.49%
Operating Margin	22.13%	25.42%	27.38%	23.18%	18.11%
Profit Margin	-2.32%	1.17%	20.15%	15.85%	9.57%
Free Cash Flow Margin	21.30%	13.62%	23.82%	15.33%	17.10%
EBITDA	600.88	691.92	720.41	558.95	367.45
EBITDA Margin	26.34%	28.88%	30.46%	26.09%	21.96%
D&A For EBITDA	96.05	82.83	72.92	62.38	64.41
EBIT	504.83	609.09	647.49	496.57	303.04
EBIT Margin	22.13%	25.42%	27.38%	23.18%	18.11%
Effective Tax Rate	-	23.15%	27.02%	24.33%	24.12%
Revenue as Reported	2,281	2,396	2,365	2,143	1,673
Advertising Expenses	16.1	15.9	10.5	8.5	7.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.