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WSC (WillScot Holdings) Asset Turnover : 0.09 (As of Mar. 2025)


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What is WillScot Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. WillScot Holdings's Revenue for the three months ended in Mar. 2025 was $560 Mil. WillScot Holdings's Total Assets for the quarter that ended in Mar. 2025 was $5,998 Mil. Therefore, WillScot Holdings's Asset Turnover for the quarter that ended in Mar. 2025 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. WillScot Holdings's annualized ROE % for the quarter that ended in Mar. 2025 was 16.97%. It is also linked to ROA % through Du Pont Formula. WillScot Holdings's annualized ROA % for the quarter that ended in Mar. 2025 was 2.87%.


WillScot Holdings Asset Turnover Historical Data

The historical data trend for WillScot Holdings's Asset Turnover 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 Asset Turnover Chart

WillScot Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.30 0.37 0.40 0.39

WillScot Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Asset Turnover 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 0.10 0.10 0.10 0.10 0.09

Competitive Comparison of WillScot Holdings's Asset Turnover

For the Rental & Leasing Services subindustry, WillScot Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where WillScot Holdings's Asset Turnover falls into.


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WillScot Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=2395.718/( (6137.915+6034.911)/ 2 )
=2395.718/6086.413
=0.39

WillScot Holdings's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=559.551/( (6034.911+5961.676)/ 2 )
=559.551/5998.2935
=0.09

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


WillScot Holdings  (NAS:WSC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

WillScot Holdings's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=172.22/1014.9775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(172.22 / 2238.204)*(2238.204 / 5998.2935)*(5998.2935/ 1014.9775)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.69 %*0.3731*5.9098
=ROA %*Equity Multiplier
=2.87 %*5.9098
=16.97 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

WillScot Holdings's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=172.22/5998.2935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(172.22 / 2238.204)*(2238.204 / 5998.2935)
=Net Margin %*Asset Turnover
=7.69 %*0.3731
=2.87 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


WillScot Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of WillScot Holdings's Asset Turnover 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
Bradley Lee Soultz director, officer: Chief Executive Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
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
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