WillScot Mobile Mini Earnings Reports

WillScot generated $603 million in revenue for Q4 2024, with an adjusted EBITDA margin of 47.3%. The company reported net income of $89 million and diluted EPS of $0.48. Adjusted Free Cash Flow came in at $137 million. Management highlighted stable demand and growth in average rental rates, despite a slight decrease in units on rent.

WillScot Mobile Mini reported Q3 2024 revenue of $601 million. The company's Adjusted EBITDA was $267 million, up 1% year-over-year, with a margin of 44.4%. Adjusted Free Cash Flow was $143 million, representing a 24% margin. The company is reducing its outlook to a midpoint of $1,060 million of Adjusted EBITDA for 2024.

WillScot Holdings Corporation reported second quarter 2024 results with revenue of $605 million, up 4%. The company generated Adjusted EBITDA of $264 million, up 1%, with Adjusted EBITDA Margin expanding sequentially to 44%. Free Cash Flow was $121 million, representing a 20% Free Cash Flow Margin.

WillScot Mobile Mini reported a 4% increase in revenue to $587 million for Q1 2024. The company's income from continuing operations was $56 million, which included $15 million in integration and transaction-related expenses. Free cash flow increased by 40% year-over-year to $144 million. The company is maintaining its full-year Adjusted EBITDA outlook range of $1,125 million to $1,200 million.

WillScot Mobile Mini reported a 4% increase in revenue to $612 million and a 7% increase in Adjusted EBITDA to $288 million in Q4 2023. The company's Adjusted EBITDA Margin expanded by 160 basis points year-over-year to 47.0%. Free cash flow generation was strong at $166 million, up 35% year-over-year.

WillScot Mobile Mini reported a 5% increase in revenue to $605 million and an 11% increase in Adjusted EBITDA to $266 million. The company generated $148 million in Free Cash Flow, up 77% year-over-year, and invested $333 million in two acquisitions. They also returned $220 million to shareholders through share repurchases.

WillScot Mobile Mini reported an 11% increase in revenue to $582 million for Q2 2023. The company's Adjusted EBITDA increased by 25% to $261 million, with a margin of 44.9%. Free cash flow reached $160 million, up 130% year-over-year. The company reaffirmed its Adjusted EBITDA guidance of $1,025 million to $1,075 million.

WillScot Mobile Mini reported a strong first quarter in 2023, with a 25% increase in revenue to $565 million and a 47% increase in Adjusted EBITDA to $247 million. The company's free cash flow reached $103 million, representing an 18% margin. These results have led to an improved outlook for 2023.

WillScot Mobile Mini reported a strong fourth quarter in 2022, with revenue increasing by 28% to $591 million and Adjusted EBITDA increasing by 43% to $268 million. The company's performance was driven by strong pricing and volume trends, as well as margin expansion. WillScot Mobile Mini also provided a positive outlook for 2023, expecting to achieve over $1 billion in Adjusted EBITDA.

WillScot Mobile Mini Holdings reported strong Q3 2022 results, with revenue of $604 million and income from continuing operations of $86 million. Adjusted EBITDA reached $251 million, with a margin of 41.6%. The company closed four acquisitions and returned $197 million to shareholders through share repurchases. Full-year Adjusted EBITDA outlook was updated to $910 million to $930 million.

WillScot Mobile Mini Holdings reported strong second-quarter results, driven by organic and inorganic growth initiatives. The company's revenue reached $582 million, with a net income of $73 million and an adjusted EBITDA of $233 million. They increased their full-year Adjusted EBITDA outlook range to between $900 million and $940 million.

WillScot Mobile Mini Holdings reported strong first-quarter 2022 results, with revenue of $509 million, net income of $51 million, and Adjusted EBITDA of $192 million. The company saw growth in all segments, closed three acquisitions year-to-date, generated $55 million of Free Cash Flow, and returned $77 million to shareholders. Increased full-year 2022 Adjusted EBITDA outlook to $860 million to $900 million.

WillScot Mobile Mini Holdings reported a strong fourth quarter and full year 2021, driven by commercial momentum and strategic acquisitions. Q4 revenue reached $518 million, with net income of $74 million and Adjusted EBITDA of $211 million. The company reaffirmed its full-year 2022 Adjusted EBITDA outlook of $810 million to $850 million.

WillScot Mobile Mini Holdings Corp. announced strong third-quarter results with a 17.6% increase in total revenues to $490.6 million, driven by increased core leasing revenues. Net income increased significantly to $61.1 million, and the company generated $78.5 million in free cash flow. The company also increased its share repurchase authorization to $1.0 billion and closed four acquisitions.

WillScot Mobile Mini Holdings reported excellent second-quarter results, with revenue increasing by 79.5% year-over-year to $461.1 million and adjusted EBITDA increasing by 80.0% to $175.5 million. The company successfully completed the migration of the legacy WillScot business onto Mobile Mini's SAP platform and updated its 2021 outlook.

WillScot Mobile Mini Holdings announced strong Q1 2021 results with total revenues increasing by 66.3% to $425.3 million and Adjusted EBITDA increasing by 82.8% to $163.6 million. The company is raising its full year 2021 revenue and Adjusted EBITDA guidance.

WillScot Mobile Mini Holdings reported a strong fourth quarter and full year 2020, marked by a 57.4% increase in total revenues to $437.6 million for the quarter, driven by the addition of Mobile Mini's revenues. The company also saw an 83.0% increase in adjusted EBITDA to $179.7 million and a 580 bps increase in adjusted EBITDA margin to 41.1%. Free cash flow generation significantly improved, reaching $87.4 million, a 100% increase year over year.

WillScot Mobile Mini Holdings reported a successful third quarter, marked by the merger of WillScot and Mobile Mini. The company saw significant revenue growth and margin expansion, driven by strong performance in the NA Modular and NA Storage segments. The company is optimistic about future growth opportunities and its ability to expand the platform.

WillScot Corporation announced its first quarter 2020 financial results, reporting a revenue increase of 0.8% to $255.8 million and an Adjusted EBITDA increase of 7.3% to $89.5 million. The company updated its 2020 outlook, reducing and expanding the expected Adjusted EBITDA range to $350 - $400 million due to the uncertainty introduced by the COVID-19 pandemic.

WillScot Corporation reported an 8.0% increase in revenues to $278.0 million for Q4 2019, driven by growth in core leasing and services. The company's net income increased by $19.3 million to $8.9 million, and free cash flow increased by $63.8 million to $43.7 million, marking a transition to net profitability and cash generation. WillScot also announced a merger with Mobile Mini.