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WillScot (WSC) Revenue & Revenue Breakdown

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WillScot Revenue Highlights

Latest Revenue (Y)

$2.36B

Latest Revenue (Q)

$601.43M

Main Segment (Y)

Leasing and Services

Main Geography (Y)

UNITED STATES

WillScot Revenue by Period

WillScot Revenue by Year

DateRevenueChange
2023-12-31$2.36B10.37%
2022-12-31$2.14B13.07%
2021-12-31$1.89B38.55%
2020-12-31$1.37B28.58%
2019-12-31$1.06B41.56%
2018-12-31$751.41M68.50%
2017-12-31$445.94M100.00%
2016-12-31--100.00%
2015-12-31$453.33M-

WillScot generated $2.36B in revenue during NA 2023, up 10.37% compared to the previous quarter, and up 314.71% compared to the same period a year ago.

WillScot Revenue by Quarter

DateRevenueChange
2024-09-30$601.43M-0.52%
2024-06-30$604.59M2.96%
2024-03-31$587.18M-4.11%
2023-12-31$612.38M1.25%
2023-09-30$604.83M3.91%
2023-06-30$582.09M2.94%
2023-03-31$565.47M-4.25%
2022-12-31$590.55M-2.25%
2022-09-30$604.17M3.87%
2022-06-30$581.64M14.30%
2022-03-31$508.89M-1.74%
2021-12-31$517.92M5.58%
2021-09-30$490.55M6.39%
2021-06-30$461.10M8.41%
2021-03-31$425.32M-2.82%
2020-12-31$437.65M4.87%
2020-09-30$417.31M62.47%
2020-06-30$256.86M0.41%
2020-03-31$255.82M-5.32%
2019-12-31$270.19M-0.79%
2019-09-30$272.34M2.34%
2019-06-30$266.13M4.36%
2019-03-31$255.01M-0.93%
2018-12-31$257.40M17.58%
2018-09-30$218.92M56.00%
2018-06-30$140.33M4.14%
2018-03-31$134.75M-69.78%
2017-12-31$445.94M283.90%
2017-09-30$116.16M5.53%
2017-06-30$110.08M10.83%
2017-03-31$99.32M100.00%
2016-12-31-100.00%
2016-09-30-100.00%
2016-06-30-100.00%
2016-03-31-100.00%
2015-12-31-100.00%
2015-09-30-100.00%
2015-06-30--

WillScot generated $601.43M in revenue during Q3 2024, up -0.52% compared to the previous quarter, and up 103.32% compared to the same period a year ago.

WillScot Revenue Breakdown

WillScot Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Modular Delivery and Installation$437.18M$429.15M$374.68M$274.16M$220.06M
Value-Added Product and Services$391.95M$343.63M$284.90M$202.94M-
Value Added Services$23.90M$25.30M$28.50M$18.80M-
Portable Storage Leasing$396.78M$361.20M$259.31M$125.22M-
Other Leasing Related Products and Services$91.38M$75.94M$60.44M$46.62M-
Modular Space Leasing$953.82M$840.93M$736.07M$596.88M-
Modular Leasing$1.83B$1.62B$1.41B$1.00B-
Leasing and Services$2.27B$2.05B$1.79B$1.28B$964.24M
Rental Units$45.52M$51.44M$55.21M$380.00K$40.34M
New Units$48.13M$40.34M$52.88M$53.09M$59.09M
Tank and Pump Solutions Segment--$71.40M$29.80M-

WillScot's latest annual revenue breakdown by segment (product or service), as of Dec 23: Leasing and Services (34.97%), Modular Leasing (28.24%), Modular Space Leasing (14.69%), Modular Delivery and Installation (6.73%), Portable Storage Leasing (6.11%), Value-Added Product and Services (6.04%), Other Leasing Related Products and Services (1.41%), New Units (0.74%), Rental Units (0.70%), and Value Added Services (0.37%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Modular Space Leasing$254.53M$253.72M$252.15M$709.88M$243.95M$202.65M$226.26M$212.86M$199.08M$196.23M$188.51M$181.38M$169.95M$169.47M$163.63M$132.38M$131.40M---
Other Leasing Related Products and Services$15.13M$18.32M$20.69M$66.59M$24.80M$19.94M$21.55M$19.01M$15.97M$16.42M$16.15M$14.97M$12.91M$13.82M$13.06M$9.63M$10.10M---
Portable Storage Leasing$85.75M$86.43M$91.45M$298.63M$98.16M$91.23M$103.50M$88.55M$77.99M$79.66M$66.18M$58.85M$54.61M$60.71M$52.94M$5.72M$5.85M---
Value-Added Product and Services$100.18M$100.11M$96.31M$292.08M$99.87M$81.66M$96.22M$87.50M$80.93M$78.08M$73.52M$70.88M$62.43M$63.18M$56.33M$42.42M$41.00M---
Value Added Services$10.30M$10.10M$7.50M$17.50M$6.40M$2.20M$8.80M$6.80M$7.50M$7.30M$7.20M$7.80M$6.20M$4.90M$5.60M$4.30M$4.00M---
New Units$17.85M$21.38M$13.50M$18.31M$10.15M$9.00M$10.66M$14.11M$9.90M$11.09M$6.60M$15.06M$14.36M-------
Rental Units$13.24M$16.47M$12.72M$13.97M$12.31M$11.01M$8.23M$12.57M$13.90M$16.52M$8.77M$13.18M$13.67M-------
Leasing Revenue$455.58M-------------------
Leasing and Services$570.34M$566.74M$560.96M$1.69B$582.37M$483.61M$580.37M$554.02M$493.52M$489.69M$463.10M$434.86M$399.17M$409.62M$384.78M$241.78M$239.42M$245.75M--
Modular Leasing-$458.59M$460.60M$1.37B$466.77M$395.48M$447.54M$428.62M$393.19M$389.89M$363.40M$343.18M$315.66M$322.87M$300.08M$190.14M$188.35M---
Modular Delivery and Installation--$100.36M$321.58M$115.60M$88.13M$132.84M$125.40M$100.33M$99.80M$99.70M$91.68M$83.50M$86.75M$84.69M$51.64M$51.07M---
Tank and Pump Solutions Segment---------$20.71M$19.23M$19.50M$19.04M$17.11M$15.76M$15.69M$14.11M---
RentalUnitsMember------------$11.60M$15.23M$15.20M$13.18M$5.32M$6.79M--
NewUnitsMember------------$15.86M$11.01M$10.96M$19.36M$9.76M$9.61M--

WillScot's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Leasing and Services (37.45%), Leasing Revenue (29.92%), Modular Space Leasing (16.71%), Value-Added Product and Services (6.58%), Portable Storage Leasing (5.63%), New Units (1.17%), Other Leasing Related Products and Services (0.99%), Rental Units (0.87%), and Value Added Services (0.68%).

WillScot Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$2.22B$2.00B$1.65B$1.23B$966.77M
MEXICO$25.08M$18.29M$14.83M$14.19M$16.39M
CANADA$120.12M$125.54M$116.07M$79.63M$80.51M

WillScot's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (93.86%), CANADA (5.08%), and MEXICO (1.06%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
UNITED STATES$565.02M$564.98M$553.43M$573.83M$567.22M$545.33M$533.17M$553.09M$538.74M$517.37M$451.97M$455.17M$427.25M$399.28M$371.27M$386.24M$368.29M$237.61M$235.33M$244.44M
MEXICO$6.75M$7.30M$7.22M$7.12M$6.69M$5.92M$5.35M$4.92M$4.45M$4.70M$4.21M$3.86M$3.67M$3.85M$3.46M$4.16M$3.28M$2.97M$3.79M$4.22M
CANADA$29.66M$32.31M$26.53M$31.42M$30.92M$30.84M$26.94M$32.55M$34.81M$32.90M$25.27M$31.41M$31.54M$29.54M$23.58M$22.55M$24.10M$16.28M$16.71M$21.53M

WillScot's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (93.95%), CANADA (4.93%), and MEXICO (1.12%).

WillScot Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
RRyder System$11.78B$3.17B
HRIHerc$3.28B$965.00M
AANAaron's Company$2.69B$625.96M
WSCWillScot$2.36B$601.43M
ALTGAlta Equipment Group$1.88B$448.80M
CTOSCustom Truck One Source$1.87B$447.22K
HEESH&E Equipment Services$1.47B$384.86M
GATXGATX$1.41B$405.40M
MGRCMcGrath RentCorp$831.84M$266.76M

WSC Revenue FAQ

What is WillScot’s yearly revenue?

WillScot's yearly revenue for 2023 was $2.36B, representing an increase of 10.37% compared to 2022. The company's yearly revenue for 2022 was $2.14B, representing an increase of 13.07% compared to 2021. WSC's yearly revenue for 2021 was $1.89B, representing an increase of 38.55% compared to 2020.

What is WillScot’s quarterly revenue?

WillScot's quarterly revenue for Q3 2024 was $601.43M, a -0.52% decrease from the previous quarter (Q2 2024), and a -0.56% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $604.59M, a 2.96% increase from the previous quarter (Q1 2024), and a 3.87% increase year-over-year (Q2 2023). WSC's quarterly revenue for Q1 2024 was $587.18M, a -4.11% decrease from the previous quarter (Q4 2023), and a 3.84% increase year-over-year (Q1 2023).

What is WillScot’s revenue growth rate?

WillScot's revenue growth rate for the last 3 years (2021-2023) was 24.80%, and for the last 5 years (2019-2023) was 122.32%.

What are WillScot’s revenue streams?

WillScot's revenue streams in c 23 are Modular Delivery and Installation, Value-Added Product and Services, Value Added Services, Portable Storage Leasing, Other Leasing Related Products and Services, Modular Space Leasing, Modular Leasing, Leasing and Services, Rental Units, and New Units. Modular Delivery and Installation generated $437.18M in revenue, accounting 6.73% of the company's total revenue, up 1.87% year-over-year. Value-Added Product and Services generated $391.95M in revenue, accounting 6.04% of the company's total revenue, up 14.06% year-over-year. Value Added Services generated $23.9M in revenue, accounting 0.37% of the company's total revenue, down -5.53% year-over-year. Portable Storage Leasing generated $396.78M in revenue, accounting 6.11% of the company's total revenue, up 9.85% year-over-year. Other Leasing Related Products and Services generated $91.38M in revenue, accounting 1.41% of the company's total revenue, up 20.33% year-over-year. Modular Space Leasing generated $953.82M in revenue, accounting 14.69% of the company's total revenue, up 13.43% year-over-year. Modular Leasing generated $1.83B in revenue, accounting 28.24% of the company's total revenue, up 13.09% year-over-year. Leasing and Services generated $2.27B in revenue, accounting 34.97% of the company's total revenue, up 10.74% year-over-year. Rental Units generated $45.52M in revenue, accounting 0.70% of the company's total revenue, down -11.51% year-over-year. New Units generated $48.13M in revenue, accounting 0.74% of the company's total revenue, up 19.31% year-over-year.

What is WillScot’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of WillScot was Leasing and Services. This segment made a revenue of $2.27B, representing 34.97% of the company's total revenue.