WillScot Holdings Corporation (WSC)

WillScot Holdings Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-68.89	-52.99	28.13	476.46	339.54	160.14
Depreciation & Amortization	95.41	96.05	82.83	72.92	62.38	64.41
Other Amortization	281.07	305.24	314.71	276.94	268.78	232.82
Loss (Gain) From Sale of Assets	-26.06	-28.22	-27.09	-32.72	-31.2	-26.18
Asset Writedown & Restructuring Costs	342.97	342.97	132.54	-	-	-
Stock-Based Compensation	36.71	38.43	35.97	34.49	29.61	26.18
Provision & Write-off of Bad Debts	78.3	58.32	55.44	49.65	34.84	38.19
Other Operating Activities	29.46	2.08	-40.76	151.4	105.68	69.45
Change in Accounts Receivable	-87.18	-19.25	-34.52	-76.36	-94.46	-105.05
Change in Inventory	-2.28	1.86	-0.53	-3.28	-12.35	-9.08
Change in Accounts Payable	21.26	42.57	-1.27	-14.84	9.44	27.53
Change in Unearned Revenue	14.64	-15.85	27.39	19.92	42.43	22.68
Change in Other Net Operating Assets	-12.05	-9.21	-11.19	-17.27	1.01	3.8
Operating Cash Flow	703.37	761.99	561.64	761.24	744.66	539.9
Operating Cash Flow Growth	19.36%	35.67%	-26.22%	2.23%	37.92%	77.13%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-336.65	-276.15	-235.3	-197.92	-416.1	-253.79
Sale of Property, Plant & Equipment	4.28	2.94	1.87	13.27	1.78	16.91
Cash Acquisitions	-9.42	-144.7	-121.22	-561.63	-220.62	-147.17
Investment in Securities	-0.11	0.43	-7.7	-	-	-
Other Investing Activities	-	-	-	396.28	325.61	-
Investing Cash Flow	-341.91	-417.47	-362.35	-350	-309.33	-384.05

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	1,186	1,317	1,911	964.31	728.68
Long-Term Debt Repaid	-	-1,359	-1,215	-1,492	-631.04	-529.58
Net Debt Issued (Repaid)	-258.42	-173.35	101.8	419.38	333.27	199.1
Issuance of Common Stock	0.37	10.27	0.25	0.5	11.23	7.48
Repurchase of Common Stock	-37.72	-109.82	-294.22	-832.35	-765.68	-370.76
Common Dividends Paid	-50.91	-51.12	-	-	-	-
Other Financing Activities	-9.17	-16.5	-7.95	-6.46	-8.19	-3.71
Financing Cash Flow	-355.85	-340.53	-200.12	-418.94	-429.37	-167.89

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.29	1.6	-1.13	0.88	-0.88	-0.21
Net Cash Flow	5.32	5.59	-1.96	-6.82	5.08	-12.24

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	366.72	485.84	326.35	563.32	328.56	286.12
Free Cash Flow Growth	9.37%	48.87%	-42.07%	71.45%	14.83%	84.68%
Free Cash Flow Margin	15.99%	21.30%	13.62%	23.82%	15.33%	17.10%
Free Cash Flow Per Share	2.02	2.66	1.72	2.79	1.48	1.23
Levered Free Cash Flow	248.8	378.83	452.51	415.32	172.71	185.59
Unlevered Free Cash Flow	377.52	511.26	582.01	532.26	252.07	244.28

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	-	-	-	-	-	103.8
Cash Income Tax Paid	10.78	16.31	45.58	32.95	25.09	9.86
Change in Working Capital	-65.61	0.12	-20.13	-91.81	-53.93	-60.13

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 17, 2026

Data Sources Report a data error