10Y Historicals for Willscot Mobile Mini Holdings Corp A (WSC)

10Y Historical Financials

Stock Price

27.48 USD


Key Metrics	Latest
Total Revenue	2.396 B
Adjusted EBITDA	649.5 M
EBITDA Margin	27.1%
Net Profit Margin	10.5%
Total Assets	6.035 B
Total Debt	3.975 B

10Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending										Latest
(in millions)	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	12 Months

Revenue	453	427	446	751	1,064	1,273	1,673	2,143	2,365	2,396	2,396
% Growth		-5.9%	4.5%	68.5%	41.6%	19.7%	31.4%	28.1%	10.4%	1.3%

Adjusted EBITDA	22	36	15	72	159	294	367	559	733	650	650
% Margin	4.9%	8.4%	3.4%	9.6%	14.9%	23.1%	22.0%	26.1%	31.0%	27.1%	27.1%

Adjusted EBIT	(0)	27	6	57	144	239	303	497	660	567	567
% Margin	-0.1%	6.3%	1.4%	7.6%	13.5%	18.8%	18.1%	23.2%	27.9%	23.7%	23.7%

Adjusted Net Income	(65)	(19)	(92)	6	(95)	164	166	328	462	252	252
% Margin	-14.3%	-4.3%	-20.7%	0.8%	-8.9%	12.9%	9.9%	15.3%	19.5%	10.5%	10.5%

Adjusted Basic EPS	(4.45)	(1.27)	(4.68)	0.07	(0.87)	0.97	0.73	1.51	2.32	1.34	1.34

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
											Original
USD	Fiscal Year Ending										Latest
(in millions)	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-24
	FY - 9	FY - 8	FY - 7	FY - 6	FY - 5	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM

Revenue	453	427	446	751	1,064	1,273	1,673	2,143	2,365	2,396	2,396
% Growth	NA	-5.9%	4.5%	68.5%	41.6%	19.7%	31.4%	28.1%	10.4%	1.3%

Cost of Revenue	(290)	(258)	(280)	(462)	(650)	(665)	(828)	(1,007)	(1,031)	(1,094)	(1,094)
Gross Profit	163	168	166	289	413	608	845	1,135	1,334	1,302	1,302
% Revenue	35.9%	39.4%	37.1%	38.5%	38.9%	47.8%	50.5%	53.0%	56.4%	54.3%	54.3%

Research and Development	0	0	0	0	0	0	0	0	0	0	0
Selling and Marketing	0	0	0	0	0	0	0	0	0	0	0
General and Admin	(139)	(131)	(138)	(205)	(244)	(322)	(452)	(552)	(583)	(623)	(623)
Other Inc / (Exp)	(44)	(41)	(85)	(54)	(170)	(164)	(125)	(72)	(77)	(415)	(415)
Total Operating Exp	(184)	(171)	(224)	(259)	(414)	(486)	(577)	(624)	(660)	(1,038)	(1,038)

Operating Income	(21)	(3)	(58)	30	(1)	123	268	511	673	264	264
% Revenue	-4.6%	-0.7%	-13.1%	4.0%	-0.1%	9.7%	16.0%	23.9%	28.5%	11.0%	11.0%

Interest Expense	(82)	(84)	(107)	(98)	(123)	(119)	(116)	(146)	(205)	(227)	(227)
Pre-tax Income	(103)	(88)	(165)	(68)	(123)	4	151	365	468	37	37
Earnings of Discontinued Ops.	(3)	32	15	0	0	16	45	63	135	0	0
Provision for Taxes	34	25	1	39	2	56	(37)	(89)	(127)	(8)	(8)
Net Income to Company	(72)	(31)	(150)	(30)	(121)	75	160	340	476	28	28
% Margin	-15.8%	-7.3%	-33.6%	-4.0%	-11.4%	5.9%	9.6%	15.8%	20.1%	1.2%	1.2%

Minority Interest in Earnings	0	0	2	5	0	(1)	0	0	0	0	0
Net Income to Stockholders	(72)	(31)	(148)	(25)	(121)	74	160	340	476	28	28

Preferred Dividends	0	0	0	0	0	0	0	0	0	0	0
Other Adj.	3	(32)	(15)	0	0	(16)	(45)	(63)	(135)	0	0

Net Income to Common	(69)	(63)	(162)	(25)	(121)	58	115	276	342	28	28
% Margin	-15.2%	-14.8%	-36.4%	-3.4%	-11.4%	4.6%	6.9%	12.9%	14.5%	1.2%	1.2%

As Reported
Basic EPS (Continuing Ops)	(4.74)	(4.34)	(8.22)	(0.29)	(1.11)	0.34	0.51	1.27	1.72	0.15	0.15
Diluted EPS (Continuing Ops)	(4.74)	(4.34)	(8.22)	(0.53)	(1.11)	0.16	0.49	1.25	1.69	0.15	0.15

WA Basic Shares Out.	14.55	14.55	19.76	87.21	108.68	169.23	226.52	216.81	198.55	188.10	188.10
WA Diluted Shares Out.	14.55	14.55	19.76	88.95	108.68	177.27	232.79	221.40	201.85	190.29	190.29

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	(103)	(88)	(165)	(68)	(123)	4	151	365	468	37	37
Addback: Net Interest Expense	82	84	107	98	123	119	116	146	205	227	227
Addback: Other Non Operating Expenses, Total	11	13	(13)	(21)	109	(4)	27	1	7	1	1
Addback: Depreciation & Amortization	23	9	9	15	15	55	64	62	73	83	83
Addback: Restructuring Charges	9	3	2	15	12	11	0	(0)	0	9	9
Addback: Merger / Acquisition Expenses	0	8	24	50	27	81	28	15	13	8	8
Addback: Goodwill Impairment	0	6	61	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	0	0	(9)	(13)	(12)	(14)	(26)	(31)	(33)	(27)	(27)
Addback: Asset Writedown	0	0	0	2	3	0	0	0	0	133	133
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	(6)	(3)	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	0	0	0	0	9	42	6	0	0	180	180
Adjusted EBITDA	22	36	15	72	159	294	367	559	733	650	650
% Margin	4.9%	8.4%	3.4%	9.6%	14.9%	23.1%	22.0%	26.1%	31.0%	27.1%	27.1%

Adjusted EBIT	(0)	27	6	57	144	239	303	497	660	567	567
% Margin	-0.1%	6.3%	1.4%	7.6%	13.5%	18.8%	18.1%	23.2%	27.9%	23.7%	23.7%

Adjusted Net Income Reconciliation
Net Income to Company	(72)	(31)	(150)	(30)	(121)	75	160	340	476	28	28
Addback: Unusual Items	9	17	78	49	36	120	8	(16)	(20)	302	302
Less: Tax Benefit of Unusual Items (26%)	(2)	(4)	(20)	(13)	(9)	(31)	(2)	4	5	(79)	(79)
Adjusted Net Income	(65)	(19)	(92)	6	(95)	164	166	328	462	252	252
% Margin	-14.3%	-4.3%	-20.7%	0.8%	-8.9%	12.9%	9.9%	15.3%	19.5%	10.5%	10.5%

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10Y Historical Financials