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WSC (WillScot Holdings) Gross Margin % : 55.82% (As of Dec. 2024)


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What is WillScot Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. WillScot Holdings's Gross Profit for the three months ended in Dec. 2024 was $336 Mil. WillScot Holdings's Revenue for the three months ended in Dec. 2024 was $603 Mil. Therefore, WillScot Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 55.82%.


The historical rank and industry rank for WillScot Holdings's Gross Margin % or its related term are showing as below:

WSC' s Gross Margin % Range Over the Past 10 Years
Min: 37.13   Med: 49.15   Max: 56.41
Current: 54.34


During the past 10 years, the highest Gross Margin % of WillScot Holdings was 56.41%. The lowest was 37.13%. And the median was 49.15%.

WSC's Gross Margin % is ranked better than
75.15% of 982 companies
in the Business Services industry
Industry Median: 34.46 vs WSC: 54.34

WillScot Holdings had a gross margin of 55.82% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for WillScot Holdings was 6.60% per year.


WillScot Holdings Gross Margin % Historical Data

The historical data trend for WillScot Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WillScot Holdings Gross Margin % Chart

WillScot Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.80 50.49 52.99 56.41 54.34

WillScot Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.04 53.97 54.11 53.45 55.82

Competitive Comparison of WillScot Holdings's Gross Margin %

For the Rental & Leasing Services subindustry, WillScot Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WillScot Holdings's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where WillScot Holdings's Gross Margin % falls into.


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WillScot Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

WillScot Holdings's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=1301.8 / 2395.718
=(Revenue - Cost of Goods Sold) / Revenue
=(2395.718 - 1093.879) / 2395.718
=54.34 %

WillScot Holdings's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=336.3 / 602.515
=(Revenue - Cost of Goods Sold) / Revenue
=(602.515 - 266.166) / 602.515
=55.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


WillScot Holdings  (NAS:WSC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

WillScot Holdings had a gross margin of 55.82% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


WillScot Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of WillScot Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


WillScot Holdings Business Description

Traded in Other Exchanges
Address
4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Holdings Corp designs, delivers, and services onsite, on-demand space solutions for clients. The company offers turnkey solutions in construction, education, manufacturing, retail, healthcare, and entertainment sectors. The products of the company includes modular office complexes, mobile offices, portable storage containers, and others.
Executives
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Timothy D Boswell officer: Chief Financial Officer 901 S. BOND STREET, 6TH FLOOR, BALTIMORE MD 21231
Bradley Lee Soultz director, officer: Chief Executive Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Graeme Parkes officer: Chief Information Officer 4646 E. VAN BUREN STREET, SUITE 400, PHOENIX AZ 85008
Gerard E Holthaus director 3129 BLENDON ROAD, OWINGS MILLS MD 21117
Sally J Shanks officer: Chief Accounting Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Jeffrey Sagansky director, 10 percent owner, officer: President & CEO 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Hezron T. Lopez officer: V.P.,Gen Counsel, Corp. Sec. 855 EAST MAIN AVE, ZEELAND MI 49464
Natalia Johnson director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Felicia Gorcyca officer: Chief Human Resources Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Erika T Davis director
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Christopher J Miner officer: SVP, GC & Secretary 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Sapphire Holding S.a R.l. 10 percent owner C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU