WillScot Holdings Corp
WSC · Services-Miscellaneous Equipment Rental & Leasing · 181.0M shares · +17%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $784M (gross $818M, SBC $34M)
Reference price $25.92 · est. market cap ~$4.7B — last insider sale, 2026-05-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63gen composite 43pct→63
Notable findings
- Weak liquidityCurrent ratio 0.86 (<1)
- Exec changeRecent 8-K item 5.02 8-K ↗
- High leverageHigh leverage (debt/equity 4.19)
- Chronic dilutionShare count +17%/yr over 4y (dilution, book value/share -77%)
- Net lossNet loss (net margin -2.3%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, RENAISSANCE TECHNOLOGIES LLC
- Notable holderHeld by 5 notable fund(s): FMR LLC, STATE STREET CORP, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
51.0%
Operating margin
8.0%
Net margin
-2.3%
Return on equity
-6.2%
Return on assets
-0.9%
ROIC
3.2%
Revenue growth (QoQ)
-2.0%
Net-income growth
-288.4%
Debt / equity
4.2×
Net debt / EBITDA
12.9×
Current ratio
0.9×
Free cash flow
$738M
EBITDA
$278M
Tangible book value
-$625M
Cash & investments
$15M
Stock comp / revenue
1.7%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Boswell Timothy D | President & CEO | — |
| Bianchi Carisa A.P. | Chief Accounting Officer | — |
| Felicia K. GorcycaEVP | Chief Human Resources Officer | $2M FY2025 |
| Hezron T. Lopez | Chief Legal & Compliance Officer & ESG | $3M FY2025 |
| Jacobsen Matthew T | Chief Financial Officer | — |
| Pal Rohan | EVP, Chief Technology Officer | — |
| Dominick Zarcone | Director | $240K FY2025 |
| Erika T. Davis | Director | $244K FY2025 |
| Gerard E. Holthaus | Director | $246K FY2025 |
| Jeff Sagansky | Director | $244K FY2025 |
| Mark S. Bartlett | Director | $268K FY2025 |
| Michael W. Upchurch | Director | $246K FY2025 |
| Natalia N. Johnson | Director | $262K FY2025 |
| Olsson Erik | Director | — |
| Rebecca L. Owen | Director | $252K FY2025 |
| SAGANSKY JEFFREY | Director | — |
| Soultz Bradley Lee | Director | — |
| Worthing F. Jackman | Director | $3M FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-04 | Upchurch Michael W | Grant | 6.3K | — |
| 2026-06-04 | Owen Rebecca L | Grant | 6.3K | — |
| 2026-06-04 | Johnson Natalia | Grant | 6.3K | — |
| 2026-06-04 | Holthaus Gerard E | Grant | 6.3K | — |
| 2026-06-04 | SAGANSKY JEFFREY | Grant | 6.3K | — |
| 2026-06-04 | DAVIS ERIKA T | Grant | 6.3K | — |
| 2026-06-04 | Zarcone Dominick P | Grant | 6.3K | — |
| 2026-05-13 | Soultz Bradley Lee | Sell | 4.3K | $25.92 |
| 2026-05-12 | Soultz Bradley Lee | Sell | 65K | $27.07 |
| 2026-05-12 | Soultz Bradley Lee | Sell | 86K | $26.99 |
| 2026-05-12 | Soultz Bradley Lee | Other | 37K | — |
| 2026-05-12 | Soultz Bradley Lee | Gift | 40K | — |
| 2026-05-12 | Soultz Bradley Lee | Gift | 40K | — |
| 2026-05-12 | Soultz Bradley Lee | Other | 37K | — |
| 2026-03-01 | Jacobsen Matthew T | Option exercise | 862 | — |
| 2026-03-01 | Jacobsen Matthew T | Tax withheld | 403 | $21.61 |
| 2026-03-01 | Boswell Timothy D | Option exercise | 3.8K | — |
| 2026-03-01 | Soultz Bradley Lee | Option exercise | 9.5K | — |
| 2026-03-01 | Soultz Bradley Lee | Tax withheld | 2.8K | $21.61 |
| 2026-03-01 | Boswell Timothy D | Tax withheld | 1.6K | $21.61 |
| 2026-02-24 | Boswell Timothy D | Option exercise | 4.7K | — |
| 2026-02-24 | Boswell Timothy D | Tax withheld | 2.2K | $23.73 |
| 2026-02-24 | Jacobsen Matthew T | Tax withheld | 992 | $23.73 |
| 2026-02-24 | Soultz Bradley Lee | Option exercise | 6.9K | — |
| 2026-02-24 | Soultz Bradley Lee | Tax withheld | 2.4K | $22.81 |
| 2026-02-24 | Soultz Bradley Lee | Option exercise | 6.7K | — |
| 2026-02-24 | Soultz Bradley Lee | Tax withheld | 2.0K | $23.73 |
| 2026-02-24 | Soultz Bradley Lee | Option exercise | 9.6K | — |
| 2026-02-24 | Soultz Bradley Lee | Tax withheld | 2.9K | $23.73 |
| 2026-02-24 | Soultz Bradley Lee | Option exercise | 6.9K | — |
| 2026-02-24 | Soultz Bradley Lee | Tax withheld | 2.4K | $22.81 |
| 2026-02-24 | Soultz Bradley Lee | Option exercise | 6.7K | — |
| 2026-02-24 | Soultz Bradley Lee | Tax withheld | 2.0K | $23.73 |
| 2026-02-24 | Soultz Bradley Lee | Option exercise | 9.6K | — |
| 2026-02-24 | Soultz Bradley Lee | Tax withheld | 2.9K | $23.73 |
| 2026-02-24 | Jacobsen Matthew T | Option exercise | 603 | — |
| 2026-02-24 | Jacobsen Matthew T | Tax withheld | 282 | $23.73 |
| 2026-02-24 | Jacobsen Matthew T | Option exercise | 2.1K | — |
| 2026-02-24 | Gorcyca Felicia | Option exercise | 1.6K | — |
| 2026-02-24 | Gorcyca Felicia | Tax withheld | 505 | $23.73 |
| 2026-02-24 | Boswell Timothy D | Option exercise | 2.7K | — |
| 2026-02-24 | Boswell Timothy D | Tax withheld | 1.1K | $23.73 |
| 2026-02-22 | Jacobsen Matthew T | Option exercise | 899 | — |
| 2026-02-22 | Jacobsen Matthew T | Tax withheld | 420 | $22.81 |
| 2026-02-22 | Boswell Timothy D | Option exercise | 2.8K | — |
| 2026-02-22 | Boswell Timothy D | Tax withheld | 1.3K | $22.81 |
| 2026-02-22 | Gorcyca Felicia | Option exercise | 1.2K | — |
| 2026-02-22 | Gorcyca Felicia | Tax withheld | 366 | $22.81 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-08 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-02-19 | ResultsExhibits | filing ↗ |
| 2026-01-20 | Exec/director changeExhibits | filing ↗ |
| 2025-12-22 | 2.05Exhibits | filing ↗ |
| 2025-12-08 | Exec/director changeExhibits | filing ↗ |
| 2025-11-06 | ResultsExhibits | filing ↗ |
| 2025-10-17 | Material agreementExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-08 | 2026-06-05 | 0001647088-26-000034 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001647088-26-000031 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001647088-26-000029 ↗ |
| DEF 14A | 2026-04-22 | 2026-06-05 | 0001647088-26-000021 ↗ |
| 8-K | 2026-02-19 | 2026-02-19 | 0001647088-26-000009 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0001647088-26-000011 ↗ |
| 8-K | 2026-01-20 | 2026-01-14 | 0001647088-26-000003 ↗ |
| 8-K | 2025-12-22 | 2025-12-22 | 0001753926-25-001926 ↗ |
| 8-K | 2025-12-08 | 2025-11-28 | 0001647088-25-000069 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001647088-25-000066 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001647088-25-000064 ↗ |
| 8-K | 2025-10-17 | 2025-10-16 | 0001647088-25-000057 ↗ |