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WSC

WILLSCOT HOLDINGS CORPORATION

In the published model solve dated 2026-Q2, anchored at $26.56, WILLSCOT HOLDINGS CORPORATION (WSC) is priced for today's economics sustained for ~9.1 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 28, 2026 from SEC EDGAR filings.

Published model solve
today's economics sustained for ~9.1 years
Priced In
high

Key Takeaways

At $28.86 the price works out to roughly 50x company-wide operating income, which inverts into about nine years of operating growth held at the self-funding ceiling. That is the elevated end of plausible. The cash-flow lenses tell a friendlier story than the earnings lenses. Reported EPS is negative, so book-value and earnings-yield models go dark, but Q1 2026 produced $115.6 million of adjusted free cash flow and the FCF-yield model lands well above today's price. Management raised full-year

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Institutional ownership

320 institutional managers reported holding WSC in 13F filings for the quarter ended 2026-03-31. 45 opened new positions that quarter. Held by FMR (Fidelity), BlackRock, Vanguard Group, among others. On the short side, 20.1M shares were sold short as of the 2026-06-15 count, about 11% of shares outstanding (10.2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

WSC has cut its share count 19.8% over the past five years, spending $2.10B on repurchases. It pays a dividend, and has for 1 year running. Cash returned over the past three years: $63.86M in dividends and $739.44M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at WSC over the trailing three years: 2023: 2 buys totaling $383k; 2024: 9 buys totaling $1.68M; 2025: 6 buys totaling $1.09M. 18 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

WSC's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-04-12.0%-4.3%
2023-11-03-10.0%+18.8%
2024-02-21-2.9%-21.5%
2024-05-03+2.1%-4.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

WSC's latest 8-K filings: 2026-08-06 (items 2.02, 9.01); 2026-06-08 (items 5.02, 5.07, 9.01); 2026-05-07 (items 2.02, 9.01); 2026-02-19 (items 2.02, 9.01); 2026-01-20 (items 5.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

Compare WSC

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Model solve date: 2026-Q2
Narrative composed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.