WillScot Q4 revenue beats expectations

WillScot Holdings

19/02/2026 21:31

Overview

Temporary space solutions firm's Q4 revenue beat analyst expectations

Company initiated network optimization plan, recorded $302 mln non-cash restructuring charge

Outlook

Company expects FY 2026 revenue of approximately $2.175 bln

WillScot projects FY 2026 Adjusted EBITDA of approximately $900 mln

Company plans FY 2026 Net CAPEX of approximately $275 mln

Result Drivers

MODULAR ACTIVATIONS - Modular activations increased 3% year-over-year in Q4 2025, indicating demand for modular complexes and Flex for larger projects

ORDER BOOK GROWTH - Total pending order book increased by more than 10% entering 2026, reflecting strong demand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$565.97 mln
$545.35 mln (9 Analysts)
Q4 Adjusted EBITDA
$250.03 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the corporate financial services peer group is "buy"

Wall Street's median 12-month price target for WillScot Holdings Corp is $24.00, about 8.6% above its February 18 closing price of $22.09

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX9HJCS3

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)