Market Summary
USD44.20-0.92
Delayed-2.04%
WSC Stock Price
WSC RSI Chart
WSC Valuation
WSC Price/Sales (Trailing)
WSC Profitability
WSC Fundamentals
WSC Revenue
WSC Earnings
Price Action
52 Week Range
30.5253.46
(Low)(High)
Last 7 days
-6.0%
Last 30 days
-10.2%
Last 90 days
-3.2%
Trailing 12 Months
12.0%
WSC Financial Health
WSC Investor Care
Peers (Alternatives to WillScot Mobile Mini Holdings)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
BA | 117.7B | 66.6B | -4.00% | 4.49% | -23.86 | 1.77 | 6.94% | -17.44% |
MMM | 55.6B | 34.2B | -7.16% | -29.91% | 9.62 | 1.62 | -3.18% | -2.43% |
PWR | 23.0B | 17.1B | 8.34% | 21.28% | 46.79 | 1.35 | 31.54% | 1.08% |
J | 16.0B | 15.3B | 6.71% | -16.13% | 24.73 | 1.04 | 8.87% | 82.38% |
ACM | 11.3B | 13.3B | -7.91% | 3.63% | 33.47 | 0.85 | -0.23% | 61.54% |
WSC | 9.2B | 2.1B | -10.22% | 12.01% | 27.07 | 4.29 | 28.07% | 112.02% |
| MID-CAP | ||||||||
VMI | 6.8B | 4.3B | -3.52% | 27.43% | 30.72 | 1.71 | 24.09% | 17.08% |
VRT | 4.9B | 5.7B | -15.66% | 2.43% | 64.49 | 0.87 | 13.87% | -35.95% |
| SMALL-CAP | ||||||||
SPCE | 1.1B | 2.3M | -29.19% | -57.86% | -2.26 | 488.38 | -29.77% | -41.73% |
NKLA | 769.4M | 50.8M | -35.62% | -84.47% | -0.98 | 15.14 | 1229.98% | -13.59% |
IEA | 666.7M | 2.3B | -3.04% | 28.83% | -8.54 | 0.29 | 30.38% | -1232.47% |
BBCP | 394.1M | 401.3M | -8.01% | 0.14% | 13.74 | 0.98 | 27.07% | 290.25% |
LMB | 164.9M | 496.8M | 26.74% | 136.28% | 24.25 | 0.33 | 1.31% | 1.27% |
SGBX | 9.6M | 28.7M | -29.50% | -59.35% | -1.2 | 0.33 | -22.82% | 11.32% |
Financials for WillScot Mobile Mini Holdings
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 6.4% | 2,143 | 2,013 | 1,868 | 1,750 | 1,673 |
| Gross Profit | 7.7% | 1,135 | 1,054 | 976 | 893 | 845 |
| S&GA Expenses | 0.3% | 567 | 565 | 547 | 508 | 464 |
| EBITDA | 10.0% | 574 | 522 | 540 | 460 | - |
| EBITDA Margin | 3.3% | 0.27* | 0.26* | 0.26* | 0.23* | - |
| Earnings Before Taxes | 12.5% | 365 | 325 | 271 | 212 | 151 |
| EBT Margin | 5.6% | 0.17* | 0.16* | 0.16* | 0.13* | - |
| Interest Expenses | 11.4% | 146 | 131 | 122 | 118 | 116 |
| Net Income | 3.7% | 340 | 327 | 260 | 207 | 160 |
| Net Income Margin | -2.6% | 0.16* | 0.16* | 0.12* | 0.10* | - |
| Free Cahsflow | 7.5% | 701 | 652 | 579 | 530 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 0.3% | 5,828 | 5,810 | 5,979 | 5,858 | 5,774 |
| Current Assets | -3.6% | 521 | 540 | 540 | 496 | 483 |
| Cash Equivalents | -52.1% | 7.00 | 15.00 | 12.00 | 11.00 | 6.00 |
| Inventory | -8.6% | 41.00 | 45.00 | 42.00 | 40.00 | 30.00 |
| Goodwill | -5.0% | 1,011 | 1,065 | 1,172 | 1,177 | 1,014 |
| Liabilities | 3.2% | 4,262 | 4,129 | 4,205 | 3,892 | 3,777 |
| Current Liabilities | -8.6% | 562 | 615 | 597 | 529 | 518 |
| Long Term Debt | 4.3% | 3,063 | 2,936 | 3,018 | 2,791 | 2,672 |
| Shareholder's Equity | -6.9% | 1,565 | 1,681 | 1,774 | 1,966 | 1,997 |
| Retained Earnings | 6.5% | -1,251 | -1,337 | -1,466 | -1,539 | -1,591 |
| Additional Paid-In Capital | -7.2% | 2,887 | 3,112 | 3,296 | 3,537 | 3,617 |
| Accumulated Depreciation | - | 128 | - | - | - | - |
| Shares Outstanding | -2.7% | 208 | 214 | 223 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 7.6% | 745 | 692 | 612 | 563 | 540 |
| Share Based Compensation | 9.1% | 30.00 | 27.00 | 28.00 | 28.00 | 26.00 |
| Cashflow From Investing | 25.2% | -309 | -413 | -609 | -501 | -384 |
| Cashflow From Financing | -57.5% | -429 | -272 | -5.78 | -77.08 | -167 |
| Buy Backs | 39.1% | 757 | 544 | 453 | 239 | 340 |
Risks for WSC
What is the probability of a big loss on WSC?
61.9%
Probability that WillScot Mobile Mini Holdings stock will be more than 20% underwater in next one year
40%
Probability that WillScot Mobile Mini Holdings stock will be more than 30% underwater in next one year.
37.3%
Probability that WillScot Mobile Mini Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does WSC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if WillScot Mobile Mini Holdings was unfortunately bought at previous high price.
Drawdowns
Returns for WSC
Cumulative Returns on WSC
24.2%
7-Year Cumulative Returns
26.9%
5-Year Cumulative Returns
70.5%
3-Year Cumulative Returns
What are the long-term rolling returns for WSC?
FIve years rolling returns for WillScot Mobile Mini Holdings.
Annualized Returns
Which funds bought or sold WSC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -54.45 | -6,763,510 | 7,043,490 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -30.28 | -340,000 | 1,208,000 | 0.01% |
2023-02-28 | Voya Investment Management LLC | added | 243 | 112,269,000 | 151,713,000 | 0.21% |
2023-02-24 | SRS Capital Advisors, Inc. | added | 10.25 | 12,141 | 64,141 | 0.01% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -42.14 | -1,130,000 | 2,082,000 | 0.02% |
2023-02-22 | CVA Family Office, LLC | new | - | 452 | 452 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | sold off | -100 | - | - | -% |
2023-02-21 | MACQUARIE GROUP LTD | reduced | -3.53 | 4,803,000 | 65,719,000 | 0.08% |
2023-02-17 | EQUITABLE TRUST CO | sold off | -100 | -254,000 | - | -% |
2023-02-17 | TRUIST FINANCIAL CORP | reduced | -24.04 | -47,755 | 271,245 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
WillScot Mobile Mini Holdings News
Schedule 13G FIlings of WillScot Mobile Mini Holdings
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.36% | 19,555,613 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 6.2% | 13,022,318 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G | |
| Feb 03, 2022 | blackrock inc. | 8.6% | 19,191,083 | SC 13G/A | |
| Oct 07, 2021 | sapphire holding s.a r.l. | 0% | 0 | SC 13D/A | |
| Jul 14, 2021 | sapphire holding s.a r.l. | 10.32% | 23,798,390 | SC 13D/A | |
| Mar 09, 2021 | sapphire holding s.a r.l. | 19.77% | 44,738,058 | SC 13D/A | |
| Feb 10, 2021 | vanguard group inc | 6.32% | 14,416,316 | SC 13G | |
| Feb 02, 2021 | blackrock inc. | 5.7% | 12,933,120 | SC 13G |
WSC Fair Value
WillScot Mobile Mini Holdings fair value in different scenarios
The table shows the Fair Value estimates for WillScot Mobile Mini Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 29.77 -32.65% | 38.29 -13.37% | 71.87 62.60% | 122.72 177.65% | 203.86 361.22% |
| Current Inflation | 27.20 -38.46% | 34.46 -22.04% | 63.12 42.81% | 106.01 139.84% | 174.39 294.55% |
| Very High Inflation | 24.03 -45.63% | 29.84 -32.49% | 52.83 19.52% | 86.68 96.11% | 140.61 218.12% |
Historical WillScot Mobile Mini Holdings Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of WillScot Mobile Mini Holdings
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 23, 2023 | 4 | Insider Trading | |
| Mar 23, 2023 | 4 | Insider Trading | |
| Mar 23, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for WSC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-21 | Shanks Sally J | sold (taxes) | -22,894 | 47.4 | -483 | chief accounting officer |
2023-03-21 | Soultz Bradley Lee | sold (taxes) | -500,639 | 47.4 | -10,562 | chief executive officer |
2023-03-21 | Shanks Sally J | acquired | - | - | 1,604 | chief accounting officer |
2023-03-21 | Boswell Timothy D | acquired | - | - | 8,555 | president & cfo |
2023-03-21 | Soultz Bradley Lee | acquired | - | - | 25,236 | chief executive officer |
2023-03-21 | Boswell Timothy D | sold (taxes) | -169,739 | 47.4 | -3,581 | president & cfo |
2023-03-05 | Shanks Sally J | acquired | - | - | 7,822 | chief accounting officer |
2023-03-05 | Soultz Bradley Lee | sold (taxes) | -2,902,620 | 52.9 | -54,870 | chief executive officer |
2023-03-05 | Lopez Hezron T. | sold (taxes) | -664,847 | 52.9 | -12,568 | evp, cl & co & esg |
2023-03-05 | Lopez Hezron T. | acquired | - | - | 30,393 | evp, cl & co & esg |
WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets. As of December 31, 2021, it had approximately 390,000 total units, which included 162,000 modular space units; 213,000 portable storage units; 13,000 tank and pump units; and other value-added products. The company offers its solutions primarily under the WillScot and Mobile Mini brands. WillScot Mobile Mini Holdings Corp. was incorporated in 2017 and is headquartered in Phoenix, Arizona.
WSC Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Revenues: | |||
| Total revenues | $ 2,142,623 | $ 1,672,980 | $ 1,272,991 |
| Costs: | |||
| Depreciation of rental equipment | 256,719 | 218,790 | 192,190 |
| Gross profit | 1,135,482 | 844,703 | 608,427 |
| Expenses: | |||
| Selling, general and administrative | 567,214 | 464,278 | 338,395 |
| Transaction costs | 25 | 1,375 | 64,053 |
| Other depreciation and amortization | 62,380 | 61,777 | 35,181 |
| Lease impairment expense and other related charges | 254 | 2,888 | 4,876 |
| Restructuring costs | (86) | 11,866 | 6,109 |
| Currency losses (gains), net | 886 | 427 | (257) |
| Other (income) expense, net | (6,673) | 1,715 | (1,722) |
| Operating income | 511,482 | 300,377 | 161,792 |
| Interest expense | 146,278 | 116,358 | 119,319 |
| Fair value loss (gain) on common stock warrant liabilities | 0 | 26,597 | (3,461) |
| Loss on extinguishment of debt | 0 | 5,999 | 42,401 |
| Income from continuing operations before income tax | 365,204 | 151,423 | 3,533 |
| Income tax expense (benefit) from continuing operations | 88,863 | 36,528 | (56,040) |
| Income from continuing operations | 276,341 | 114,895 | 59,573 |
| Income from continuing operations attributable to non-controlling interest, net of tax | 0 | 0 | 1,213 |
| Income from continuing operations attributable to WillScot Mobile Mini common shareholders | 276,341 | 114,895 | 58,360 |
| Discontinued operations: | |||
| Income from discontinued operations before income tax | 63,468 | 58,267 | 20,356 |
| Income tax expense from discontinued operations | 35,725 | 13,018 | 4,589 |
| Gain on sale of discontinued operations | 35,456 | 0 | 0 |
| Income from discontinued operations | 63,199 | 45,249 | 15,767 |
| Net income | $ 339,540 | $ 160,144 | $ 74,127 |
| Earnings per share from continuing operations attributable to WillScot Mobile Mini common shareholders: | |||
| Basic (in USD per share) | $ 1.27 | $ 0.51 | $ 0.35 |
| Diluted (in USD per share) | 1.25 | 0.49 | 0.16 |
| Earnings per share from discontinued operations attributable to WillScot Mobile Mini common shareholders: | |||
| Basic (in USD per share) | 0.30 | 0.20 | 0.09 |
| Diluted (in USD per share) | 0.28 | 0.20 | 0.09 |
| Earnings per share attributable to WillScot Mobile Mini common shareholders: | |||
| Basic (in USD per share) | 1.57 | 0.71 | 0.44 |
| Diluted (in USD per share) | $ 1.53 | $ 0.69 | $ 0.25 |
| Weighted average shares: | |||
| Basic (in shares) | 216,808,577 | 226,518,931 | 169,230,177 |
| Diluted (in shares) | 221,399,162 | 232,793,902 | 177,268,383 |
| Total Leasing And Product And Service Revenues/Costs | |||
| Revenues: | |||
| Total revenues | $ 2,142,623 | $ 1,672,980 | $ 1,272,991 |
| Leasing Revenue | |||
| Revenues: | |||
| Leasing | 1,621,690 | 1,252,490 | 936,458 |
| Costs: | |||
| Leasing | 376,868 | 282,576 | 214,367 |
| Delivery and installation | |||
| Revenues: | |||
| Revenues | 429,152 | 321,129 | 250,734 |
| Total revenues | 429,152 | 321,129 | 250,734 |
| Costs: | |||
| Cost of sales | 322,636 | 267,533 | 202,734 |
| New units | |||
| Revenues: | |||
| Revenues | 40,338 | 46,993 | 48,834 |
| Total revenues | 40,338 | 46,993 | 48,834 |
| Costs: | |||
| Cost of sales | 24,011 | 31,348 | 31,799 |
| Rental units | |||
| Revenues: | |||
| Revenues | 51,443 | 52,368 | 36,965 |
| Total revenues | 51,443 | 52,368 | 36,965 |
| Costs: | |||
| Cost of sales | $ 26,907 | $ 28,030 | $ 23,474 |
WSC Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $ 7,390 | $ 6,393 |
| Trade receivables, net of allowance for credit losses at December 31, 2022 and December 31, 2021 of $57,048 and $45,773, respectively | 409,766 | 351,285 |
| Inventories | 41,030 | 29,795 |
| Prepaid expenses and other current assets | 31,635 | 34,935 |
| Assets held for sale - current | 31,220 | 60,632 |
| Total current assets | 521,041 | 483,040 |
| Rental equipment, net | 3,077,287 | 2,777,800 |
| Property, plant and equipment, net | 304,659 | 258,176 |
| Operating lease assets | 219,405 | 218,752 |
| Goodwill | 1,011,429 | 1,013,601 |
| Intangible assets, net | 419,125 | 442,875 |
| Other non-current assets | 6,683 | 8,138 |
| Assets held for sale - non-current | 268,022 | 571,217 |
| Total long-term assets | 5,306,610 | 5,290,559 |
| Total assets | 5,827,651 | 5,773,599 |
| Liabilities and equity | ||
| Accounts payable | 108,071 | 102,563 |
| Accrued expenses | 110,820 | 107,188 |
| Accrued employee benefits | 56,340 | 49,832 |
| Deferred revenue and customer deposits | 203,793 | 152,343 |
| Operating lease liabilities - current | 50,499 | 48,399 |
| Current portion of long-term debt | 13,324 | 11,968 |
| Liabilities held for sale - current | 19,095 | 45,352 |
| Total current liabilities | 561,942 | 517,645 |
| Long-term debt | 3,063,042 | 2,671,831 |
| Deferred tax liabilities | 401,453 | 305,674 |
| Operating lease liabilities - non-current | 169,618 | 169,729 |
| Other non-current liabilities | 18,537 | 15,737 |
| Liabilities held for sale - non-current | 47,759 | 96,220 |
| Long-term liabilities | 3,700,409 | 3,259,191 |
| Total liabilities | 4,262,351 | 3,776,836 |
| Preferred Stock: $0.0001 par, 1,000,000 shares authorized and zero shares issued and outstanding at December 31, 2022 and 2021 | 0 | 0 |
| Common Stock: $0.0001 par, 500,000,000 shares authorized and 207,951,682 and 223,939,527 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively | 21 | 22 |
| Additional paid-in-capital | 2,886,951 | 3,616,902 |
| Accumulated other comprehensive loss | (70,122) | (29,071) |
| Accumulated deficit | (1,251,550) | (1,591,090) |
| Total shareholders' equity | 1,565,300 | 1,996,763 |
| Total liabilities and shareholders' equity | $ 5,827,651 | $ 5,773,599 |