vs
Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
Atour Lifestyle Holdings Ltd is the larger business by last-quarter revenue ($789.6M vs $566.0M, roughly 1.4× WillScot Holdings Corp). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs -33.1%, a 50.7% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs -6.1%). Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $149.7M).
Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
ATAT vs WSC — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $789.6M | $566.0M |
| Net Profit | $139.1M | $-187.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | 22.5% | -32.5% |
| Net Margin | 17.6% | -33.1% |
| Revenue YoY | 252.5% | -6.1% |
| Net Profit YoY | 322.2% | -310.0% |
| EPS (diluted) | $0.33 | $-1.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $566.0M | ||
| Q3 25 | $789.6M | $566.8M | ||
| Q2 25 | — | $589.1M | ||
| Q1 25 | — | $559.6M | ||
| Q4 24 | — | $602.5M | ||
| Q3 24 | $224.0M | $601.4M | ||
| Q2 24 | — | $604.6M | ||
| Q1 24 | $203.4M | $587.2M |
| Q4 25 | — | $-187.3M | ||
| Q3 25 | $139.1M | $43.3M | ||
| Q2 25 | — | $47.9M | ||
| Q1 25 | — | $43.1M | ||
| Q4 24 | — | $89.2M | ||
| Q3 24 | $33.0M | $-70.5M | ||
| Q2 24 | — | $-46.9M | ||
| Q1 24 | $35.6M | $56.2M |
| Q4 25 | — | 50.4% | ||
| Q3 25 | — | 49.7% | ||
| Q2 25 | — | 50.3% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | 55.8% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 54.1% | ||
| Q1 24 | — | 54.0% |
| Q4 25 | — | -32.5% | ||
| Q3 25 | 22.5% | 21.0% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 21.3% | ||
| Q4 24 | — | 28.9% | ||
| Q3 24 | 14.7% | -5.9% | ||
| Q2 24 | — | -0.9% | ||
| Q1 24 | 22.1% | 22.1% |
| Q4 25 | — | -33.1% | ||
| Q3 25 | 17.6% | 7.6% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 7.7% | ||
| Q4 24 | — | 14.8% | ||
| Q3 24 | 14.7% | -11.7% | ||
| Q2 24 | — | -7.7% | ||
| Q1 24 | 17.5% | 9.6% |
| Q4 25 | — | $-1.02 | ||
| Q3 25 | $0.33 | $0.24 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $0.23 | ||
| Q4 24 | — | $0.48 | ||
| Q3 24 | $0.08 | $-0.37 | ||
| Q2 24 | — | $-0.25 | ||
| Q1 24 | $0.09 | $0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $669.2M | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $405.0M | $856.3M |
| Total Assets | $1.1B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $14.6M | ||
| Q3 25 | $669.2M | $14.8M | ||
| Q2 25 | — | $12.8M | ||
| Q1 25 | — | $10.7M | ||
| Q4 24 | — | $9.0M | ||
| Q3 24 | $506.0M | $11.0M | ||
| Q2 24 | — | $5.9M | ||
| Q1 24 | $520.7M | $13.1M |
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | $277.0K | $3.5B |
| Q4 25 | — | $856.3M | ||
| Q3 25 | $405.0M | $1.1B | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $291.3M | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | $323.5M | $1.3B |
| Q4 25 | — | $5.8B | ||
| Q3 25 | $1.1B | $6.1B | ||
| Q2 25 | — | $6.1B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | — | $6.0B | ||
| Q3 24 | $927.8M | $6.0B | ||
| Q2 24 | — | $6.0B | ||
| Q1 24 | $936.3M | $6.2B |
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | 0.00× | 2.63× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $216.6M | $158.9M |
| Free Cash FlowOCF − Capex | $210.7M | $149.7M |
| FCF MarginFCF / Revenue | 26.7% | 26.5% |
| Capex IntensityCapex / Revenue | 0.8% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $158.9M | ||
| Q3 25 | $216.6M | $191.2M | ||
| Q2 25 | — | $205.3M | ||
| Q1 25 | — | $206.6M | ||
| Q4 24 | — | $178.9M | ||
| Q3 24 | $84.8M | $-1.6M | ||
| Q2 24 | — | $175.6M | ||
| Q1 24 | $19.8M | $208.7M |
| Q4 25 | — | $149.7M | ||
| Q3 25 | $210.7M | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | — | $202.0M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | $83.3M | $-4.9M | ||
| Q2 24 | — | $169.4M | ||
| Q1 24 | $18.1M | $202.1M |
| Q4 25 | — | 26.5% | ||
| Q3 25 | 26.7% | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 29.3% | ||
| Q3 24 | 37.2% | -0.8% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | 8.9% | 34.4% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | 0.8% | 0.7% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 0.7% | 0.6% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | 0.9% | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | 1.56× | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | 2.57× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.56× | 3.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATAT
Segment breakdown not available.
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
