WillScot Holdings Corporation (WSC)

WillScot Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	223.54	28.13	476.46	339.54	160.14	74.13
Depreciation & Amortization	95.42	82.83	72.92	62.38	64.41	54.76
Other Amortization	334.83	314.71	276.94	268.78	232.82	205.28
Loss (Gain) From Sale of Assets	-29.17	-27.09	-32.72	-31.2	-26.18	-14.12
Asset Writedown & Restructuring Costs	-	132.54	-	-	-	0.06
Stock-Based Compensation	34.4	35.97	34.49	29.61	26.18	9.88
Provision & Write-off of Bad Debts	47.7	55.44	49.65	34.84	38.19	32.59
Other Operating Activities	37.08	-40.76	151.4	105.68	69.45	-14.58
Change in Accounts Receivable	-3.76	-34.52	-76.36	-94.46	-105.05	-26.72
Change in Inventory	8.57	-0.53	-3.28	-12.35	-9.08	2.78
Change in Accounts Payable	35.5	-1.27	-14.84	9.44	27.53	-27.92
Change in Unearned Revenue	-4.46	27.39	19.92	42.43	22.68	12.45
Change in Other Net Operating Assets	2.36	-11.19	-17.27	1.01	3.8	-3.76
Operating Cash Flow	782.01	561.64	761.24	744.66	539.9	304.81
Operating Cash Flow Growth	29.89%	-26.22%	2.23%	37.92%	77.13%	76.63%
Capital Expenditures	-264.05	-235.3	-197.92	-416.1	-253.79	-149.89
Sale of Property, Plant & Equipment	2.94	1.87	13.27	1.78	16.91	7.36
Cash Acquisitions	-181.15	-121.22	-561.63	-220.62	-147.17	17.17
Investment in Securities	-1.09	-7.7	-	-	-	-
Other Investing Activities	-	-	396.28	325.61	-	-
Investing Cash Flow	-443.35	-362.35	-350	-309.33	-384.05	-125.36
Long-Term Debt Issued	-	1,317	1,911	964.31	728.68	2,787
Long-Term Debt Repaid	-	-1,215	-1,492	-631.04	-529.58	-2,817
Net Debt Issued (Repaid)	-60.76	101.8	419.38	333.27	199.1	-30.02
Issuance of Common Stock	10.17	0.25	0.5	11.23	7.48	10.62
Repurchase of Common Stock	-238.43	-294.22	-832.35	-765.68	-370.76	-35.25
Other Financing Activities	-8.34	-7.95	-6.46	-8.19	-3.71	-104.31
Financing Cash Flow	-335.73	-200.12	-418.94	-429.37	-167.89	-158.96
Foreign Exchange Rate Adjustments	0.78	-1.13	0.88	-0.88	-0.21	1.4
Net Cash Flow	3.71	-1.96	-6.82	5.08	-12.24	21.89
Free Cash Flow	517.96	326.35	563.32	328.56	286.12	154.92
Free Cash Flow Growth	40.06%	-42.07%	71.45%	14.83%	84.68%	12588.29%
Free Cash Flow Margin	22.35%	13.62%	23.82%	15.33%	17.10%	12.17%
Free Cash Flow Per Share	2.78	1.72	2.79	1.48	1.23	0.87
Cash Interest Paid	-	-	-	-	103.8	118.52
Cash Income Tax Paid	17.42	45.58	32.95	25.09	9.86	4.23
Levered Free Cash Flow	445.1	452.51	423.21	172.71	185.59	174.3
Unlevered Free Cash Flow	578.75	582.01	540.15	252.07	244.28	235.79
Change in Working Capital	38.21	-20.13	-91.81	-53.93	-60.13	-43.18

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q