← WillScot Holdings Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $563k |
($147.7m)
-26350.67%
|
($49.0m)
+66.80%
|
($11.1m)
+77.32%
|
— | $160.1m |
$339.5m
+112.02%
|
$476.5m
+40.32%
|
$28.1m
-94.10%
|
($53.0m)
-288.38%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | ($149.8m) | ($53.6m) | ($11.5m) | — | $160.1m | $339.5m | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($2.1m) | ($4.5m) | ($421k) | — | $0 | — | — | — | — | — | |
| Depreciation and amortization | $119.3m | $8.7m | $13.3m | $12.4m | $246.9m | $78.0m | $62.4m | $72.9m | $82.8m | $96.1m | $408.0m | |
| Amortization of Debt Issuance Costs | $10.9m | $21.9m | $7.7m | $11.4m | $13.1m | $14.0m | $12.1m | $11.2m | $12.6m | $12.3m | — | |
| Amortization of Intangible Assets | — | $0 | $1.4m | $1.0m | — | $27.3m | $23.8m | $25.8m | $38.5m | $45.8m | — | |
| Depreciation, Depletion and Amortization | $119.3m | $8.7m | $12.2m | $11.4m | $246.9m | $315.6m | $343.5m | $338.7m | $385.0m | $430.0m | $408.0m | |
| Depreciation, Amortization and Accretion, Net | $119.3m | $81.3m | $134.7m | $187.1m | $246.9m | $315.6m | $343.5m | $338.7m | $385.0m | $430.0m | $408.0m | |
| Share-based Payment Arrangement, Noncash Expense | — | $3.0m | $3.4m | $6.7m | — | $26.2m | $29.6m | $34.5m | $36.0m | $38.4m | $36.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $654k | — | $7.2m | $13.9m | $14.2m | $16.0m | $10.0m | — | |
| Share-based Payment Arrangement, Expense | — | — | $3.4m | $6.7m | — | $19.0m | — | — | — | — | $36.7m | |
| Goodwill and Intangible Asset Impairment | — | $60.7m | $0 | — | — | — | $0 | $0 | $132.5m | $0 | — | |
| Goodwill, Impairment Loss | — | $60.7m | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | $132.5m | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | $4.2m | — | $0 | $0 | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | $20.6m | $36.5m | $63.6m | — | $105.1m | $94.5m | $76.4m | $34.5m | $19.3m | ($87.2m) | |
| Increase (Decrease) in Inventories | — | ($682k) | $1.2m | ($869k) | — | $9.1m | $12.3m | $3.3m | $529k | ($1.9m) | ($2.3m) | |
| Other Operating Income (Expense), Net | — | ($2.8m) | $4.6m | $2.2m | — | ($1.8m) | $6.7m | $15.4m | ($2.7m) | ($1.9m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $431k |
($1.4m)
-415.70%
|
$37.1m
+2827.53%
|
$172.6m
+364.52%
|
$304.8m
+76.64%
|
$539.9m
+77.13%
|
$744.7m
+37.92%
|
$761.2m
+2.23%
|
$561.6m
-26.22%
|
$762.0m
+35.67%
|
$703.4m
-7.69%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $10.5m | $4.4m | $4.6m | $8.3m | $14.1m | $30.5m | $43.7m | $22.2m | $18.4m | $24.3m | ($405.6m) | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | — | $7.7m | $806k | ($1.9m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $561.6m | $121.2m | $144.7m | ($9.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($1.3m) | ($392.6m) | ($1.2b) | ($152.6m) | ($125.4m) | ($384.0m) | ($309.3m) | ($350.0m) | ($362.3m) | ($417.5m) | ($341.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | $512.2m | $588.8m | $1.5b | $1.2b | $1.3b | ($863.0m) | |
| Gain (Loss) on Extinguishment of Debt | — | $0 | $0 | ($8.8m) | $42.4m | ($6.0m) | $0 | $0 | $0 | ($5.4m) | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | $728.7m | $964.3m | $1.9b | $1.3b | $1.2b | $604.6m | |
| Proceeds from Issuance of Common Stock | $0 | — | $147.2m | $921k | $10.6m | $7.5m | $11.2m | $498k | $253k | $10.3m | $207k | |
| Dividends paid | — | — | — | — | — | — | — | $0 | $0 | $51.1m | ($50.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $0 | $396.8m |
$1.2b
+197.36%
|
($26.1m)
-102.21%
|
($159.0m)
-509.90%
|
($167.9m)
-5.62%
|
($429.4m)
-155.75%
|
($418.9m)
+2.43%
|
($200.1m)
+52.23%
|
($340.5m)
-70.16%
|
($355.9m)
-4.50%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($241k) | $202k | ($211k) | ($5.9m) | $1.4m | ($12.2m) | $5.1m | ($6.8m) | ($2.0m) | $5.6m | $18.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $3.0m | $664.1m | $12.7m | $17.8m | $11.0m | $9.0m | $14.6m | $18.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($241k) | $202k | ($211k) | $166k | — | ($206k) | ($882k) | $882k | ($1.1m) | $1.6m | ($294k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $81.9m | $115.8m | $52.0m | $115.6m | $108.7m | $103.8m | $130.5m | $184.9m | $216.2m | $216.6m | — | |
| Income Taxes Paid, Net | ($1.4m) | $1.4m | $2.6m | ($1.1m) | $4.2m | $9.9m | $25.1m | $32.9m | $45.6m | $16.3m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | — | — | $35.5m | $176.1m | $0 | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $26.3m | ($2.0m) | $745k | — | ($295k) | ($753k) | $1.4m | $56k | ($206k) | — | |
| Gain (Loss) on Disposition of Assets | — | $9.3m | $12.9m | $11.7m | — | $26.2m | $31.2m | $32.7m | $27.1m | $28.2m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | ($1.9m) | — | — | — | — | — | — | — | |
| General and Administrative Expense | $689k | — | — | — | — | — | — | — | — | — | — | |
| Goodwill | — | $28.6m | $247.0m | $235.2m | — | $1.2b | $1.0b | $1.2b | $1.2b | $1.3b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | ($162.4m) | ($53.6m) | — | — | — | — | $341.8m | $28.1m | ($53.0m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | ($164.5m) | ($53.6m) | ($11.5m) | — | — | $276.3m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $14.7m | $0 | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $14.7m | $4.5m | — | — | — | $63.2m | $134.6m | $0 | $0 | — | |
| Income Tax Expense (Benefit) | ($10.4m) | ($936k) | ($38.6m) | ($2.2m) | ($55.2m) | $49.5m | $88.9m | $126.6m | $8.5m | ($2.4m) | — | |
| Insured Event, Gain (Loss) | — | — | $4.8m | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | $1.3m | $12.2m | $0 | $0 | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $31.0m | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $744.2m | — | $1.4b | — | — | — | — | — | |
| Payments for Repurchase of Warrants | — | — | — | — | — | $363.6m | — | — | — | — | — | |
| Payments of Financing Costs | — | $31.3m | $36.6m | $2.6m | — | $0 | $8.2m | $6.5m | $7.9m | $16.5m | — | |
| Proceeds from Contributions from Affiliates | — | $6.2m | $0 | $0 | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | $38.2m | $34.9m | $49.6m | $55.4m | — | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | — | $302.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.