Professional
Added to YB: 2026-02-24
Pitch date: 2026-02-20
WSC [neutral]
WillScot Holdings Corporation
-18.45%
current return
Author Info
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Company Info
WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico.
Market Cap
$3.4B
Pitch Price
$22.89
Price Target
N/A
Dividend
1.49%
EV/EBITDA
9.98
P/E
-64.85
EV/Sales
3.20
Sector
Construction and Engineering
Category
N/A
WSC: The Walking Dead
WSC (update): Investor day growth targets dead. EBITDA down 6.4% YOY, est. to drop 20% sequentially to ~$942M; leverage rising to 3.8x (target 2.5-3.25x). UoR down 13% adjusted, expected to decline through 1H26. $300M fleet impairment likely insufficient as CapEx rises despite revenue decline. URI aggressively taking high-end market share w/ 60 new locations in 2025, 40 more in 2026, relegating WSC to weak small construction market. ABL extended to 2030 to avoid default.
Read full article (4 min)