OverviewSuggest Edit

WillScot (Wlliams Scotsman) is a company that provides businesses and organizations with modular space solutions. It offers mobile office trailers, modular complexes, container offices, portable classrooms, panelized offices, and more. The company focuses on construction, education, healthcare, government, transportation, energy, and other sectors.

TypePublic
Founded1955
HQBaltimore, MD, US
Websitewillscot.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2019)2,500(+25%)
Job Openings311
Revenue (FY, 2020)$1.4 B(+29%)
Share Price (Jul 2021)$27.7(-1%)
Cybersecurity ratingBMore

Key People/Management at WillScot

Mark S. Bartlett

Mark S. Bartlett

Director
Gerard E. Holthaus

Gerard E. Holthaus

Director
Timothy D. Boswell

Timothy D. Boswell

Chief Financial Officer
Gary Lindsay

Gary Lindsay

Director
Sara R. Dial

Sara R. Dial

Independent Director
Hezron Timothy Lopez

Hezron Timothy Lopez

Chief Human Resources Officer
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WillScot Office Locations

WillScot has an office in Baltimore
Baltimore, MD, US (HQ)
901 S Bond St #600
Show all (1)

WillScot Financials and Metrics

WillScot Revenue

WillScot's revenue was reported to be $1.37 b in FY, 2020
USD

Revenue (Q1, 2021)

425.3m

Net income (Q1, 2021)

4.4m

EBIT (Q1, 2021)

75.3m

Market capitalization (15-Jul-2021)

6.6b

Closing stock price (15-Jul-2021)

27.7

Cash (31-Mar-2021)

26.9m

EV

9.0b
WillScot's current market capitalization is $6.6 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

445.9m751.4m1.1b1.4b

Revenue growth, %

68%42%

Cost of goods sold

280.4m462.0m387.8m227.4m

Gross profit

165.6m289.4m413.3m1.1b
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

134.8m140.3m218.9m255.0m266.1m272.3m255.8m256.9m417.3m425.3m

Cost of goods sold

83.8m85.7m138.0m150.4m162.2m168.9m149.6m

Gross profit

50.9m54.6m80.9m104.7m103.9m103.4m106.2m

Gross profit Margin, %

38%39%37%41%39%38%42%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.0m188.1k9.2m9.0m3.0m24.9m

Accounts Receivable

94.8m206.5m247.6m330.9m

Prepaid Expenses

73.4k13.7m21.8m14.6m30.0m

Inventories

10.1m16.2m15.4m21.7m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

1.8m728.5k495.0k345.4k2.9m8.2m9.8m12.8m5.5m4.0m4.6m9.1m20.0m26.9m

Accounts Receivable

94.4m104.0m199.5m229.6m242.7m250.5m241.1m231.0m332.0m322.4m

Prepaid Expenses

99.2k13.5m14.1m20.1m22.0m22.7m24.7m20.6m21.4m26.4m28.2m

Inventories

10.3m9.8m21.3m17.4m15.2m16.0m15.0m14.8m23.0m24.1m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(20.8k)562.7k(149.8m)(53.6m)(11.5m)71.9m

Depreciation and Amortization

107.9m136.5m189.4m

Inventories

682.0k(1.2m)869.0k2.8m

Accounts Payable

23.0k(57.8k)39.8m(14.5m)4.9m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(14.8k)(46.7k)94.5k285.4k(6.8m)(6.5m)(43.2m)(11.2m)(22.9m)(22.2m)(3.7m)9.2m25.4m4.4m

Depreciation and Amortization

51.9m91.6m44.9m92.5m140.7m49.8m18.3m

Inventories

(20.0k)442.0k(553.0k)(1.2m)1.0m284.0k281.0k520.0k1.4m(2.5m)

Accounts Payable

10.9k(1.9k)(107.8k)(20.8k)(11.8m)12.9m5.1m4.4m7.3m(9.8m)
USDQ3, 2015

Financial Leverage

100.4 x
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WillScot Operating Metrics

WillScot's Customers was reported to be 50 k in FY, 2019.
Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020

Average Modular Space Utilization Rate

0.680.70.710.720.70.70.70.720.730.720.720.720.710.710.720.69

Customers

35 k50 k50 k

Modular Space Units

75 k130 k125 k

Modular Space Units on Rent

39.89 k40.68 k41.47 k43.13 k41.26 k54.11 k54.52 k75.41 k95.55 k70.26 k93.31 k92.3 k91.23 k90.01 k91.68 k87.99 k
Show all operating metrics

WillScot Acquisitions / Subsidiaries

Company NameDateDeal Size
Mobile MiniSeptember 26, 2019
Modular Space HoldingsAugust 15, 2018$1.2 b
Acton Mobile HoldingsDecember 12, 2017$235 m
Acton Mobile Holdings LLC
ModSpace Financial Services Canada, Ltd
ModSpace Government Financial Services, LLC
Modular Space Corporation
New Acton Mobile Industries, LLC
Onsite Space LLC
Resun Chippewa, LLC
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WillScot Revenue Breakdown

Embed Graph

WillScot revenue breakdown by business segment: 5.6% from New unit sales revenue, 20.7% from Modular delivery and installation revenue, 70.0% from Modular leasing revenue and 3.8% from Other

WillScot revenue breakdown by geographic segment: 7.6% from Canada, 90.9% from US and 1.5% from Other

WillScot Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

WillScot Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

WillScot Online and Social Media Presence

Embed Graph

WillScot News and Updates

WillScot Mobile Mini Announces Pricing of Secondary Offering

PHOENIX, June 23, 2021 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced the pricing of its previously announced underwritten, secondary offering …

WillScot Mobile Mini Holdings to Participate in the Baird 2021 Global Consumer, Technology & Services Conference

PHOENIX, June 04, 2021 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer and Tim Boswel…

WillScot Mobile Mini Holdings to Participate in the Morgan Stanley Business Services Conference

PHOENIX, May 07, 2021 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer, Tim Boswell, C…

WillScot Mobile Mini Announces Pricing of Upsized Secondary Offering

PHOENIX, March 01, 2021 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced the pricing of an upsized underwritten, secondary offering (the “Offerin…

WillScot Mobile Mini Announces Launch of Secondary Offering and Concurrent Stock Repurchase

PHOENIX, March 01, 2021 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced the launch of an underwritten, secondary offering (the “Offering”) of 10…

WillScot Mobile Mini Holdings to Participate in the Credit Suisse 8th Annual Virtual Industrials Conference

PHOENIX, Nov. 03, 2020 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer, and Tim Boswe…
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WillScot Frequently Asked Questions

  • When was WillScot founded?

    WillScot was founded in 1955.

  • Who are WillScot key executives?

    WillScot's key executives are Mark S. Bartlett, Gerard E. Holthaus and Timothy D. Boswell.

  • How many employees does WillScot have?

    WillScot has 2,500 employees.

  • What is WillScot revenue?

    Latest WillScot annual revenue is $1.4 b.

  • What is WillScot revenue per employee?

    Latest WillScot revenue per employee is $547.1 k.

  • Who are WillScot competitors?

    Competitors of WillScot include Electro Rent, NRB and General Finance Corporation.

  • Where is WillScot headquarters?

    WillScot headquarters is located at 901 S Bond St #600, Baltimore.

  • Where are WillScot offices?

    WillScot has an office in Baltimore.

  • How many offices does WillScot have?

    WillScot has 1 office.