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Side-by-side financial comparison of COLUMBIA BANKING SYSTEM, INC. (COLB) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.

COLUMBIA BANKING SYSTEM, INC. is the larger business by last-quarter revenue ($677.0M vs $566.0M, roughly 1.2× WillScot Holdings Corp). COLUMBIA BANKING SYSTEM, INC. runs the higher net margin — 28.4% vs -33.1%, a 61.5% gap on every dollar of revenue. On growth, COLUMBIA BANKING SYSTEM, INC. posted the faster year-over-year revenue change (37.9% vs -6.1%). Over the past eight quarters, COLUMBIA BANKING SYSTEM, INC.'s revenue compounded faster (19.7% CAGR vs -1.8%).

Umpqua Holdings Corporation, d.b.a. Umpqua Bank, was a financial holding company based in downtown Portland, Oregon, United States. Headquarters were in the Umpqua Bank Plaza, formerly the headquarters of Benj. Franklin Savings and Loan. The firm had two principal operating subsidiaries: Umpqua Bank and Umpqua Investments.

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.

COLB vs WSC — Head-to-Head

Bigger by revenue
COLB
COLB
1.2× larger
COLB
$677.0M
$566.0M
WSC
Growing faster (revenue YoY)
COLB
COLB
+43.9% gap
COLB
37.9%
-6.1%
WSC
Higher net margin
COLB
COLB
61.5% more per $
COLB
28.4%
-33.1%
WSC
Faster 2-yr revenue CAGR
COLB
COLB
Annualised
COLB
19.7%
-1.8%
WSC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
COLB
COLB
WSC
WSC
Revenue
$677.0M
$566.0M
Net Profit
$192.0M
$-187.3M
Gross Margin
50.4%
Operating Margin
-32.5%
Net Margin
28.4%
-33.1%
Revenue YoY
37.9%
-6.1%
Net Profit YoY
120.7%
-310.0%
EPS (diluted)
$0.66
$-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.

Revenue
COLB
COLB
WSC
WSC
Q1 26
$677.0M
Q4 25
$716.7M
$566.0M
Q3 25
$582.0M
$566.8M
Q2 25
$510.9M
$589.1M
Q1 25
$491.4M
$559.6M
Q4 24
$487.1M
$602.5M
Q3 24
$496.0M
$601.4M
Q2 24
$472.2M
$604.6M
Net Profit
COLB
COLB
WSC
WSC
Q1 26
$192.0M
Q4 25
$215.0M
$-187.3M
Q3 25
$96.0M
$43.3M
Q2 25
$152.0M
$47.9M
Q1 25
$87.0M
$43.1M
Q4 24
$143.0M
$89.2M
Q3 24
$146.0M
$-70.5M
Q2 24
$121.0M
$-46.9M
Gross Margin
COLB
COLB
WSC
WSC
Q1 26
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%
Operating Margin
COLB
COLB
WSC
WSC
Q1 26
Q4 25
-32.5%
Q3 25
21.0%
Q2 25
21.5%
Q1 25
21.3%
Q4 24
28.9%
Q3 24
-5.9%
Q2 24
-0.9%
Net Margin
COLB
COLB
WSC
WSC
Q1 26
28.4%
Q4 25
30.0%
-33.1%
Q3 25
16.5%
7.6%
Q2 25
29.8%
8.1%
Q1 25
17.7%
7.7%
Q4 24
29.4%
14.8%
Q3 24
29.4%
-11.7%
Q2 24
25.6%
-7.7%
EPS (diluted)
COLB
COLB
WSC
WSC
Q1 26
$0.66
Q4 25
$0.76
$-1.02
Q3 25
$0.40
$0.24
Q2 25
$0.73
$0.26
Q1 25
$0.41
$0.23
Q4 24
$0.69
$0.48
Q3 24
$0.70
$-0.37
Q2 24
$0.57
$-0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COLB
COLB
WSC
WSC
Cash + ST InvestmentsLiquidity on hand
$14.6M
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$7.7B
$856.3M
Total Assets
$66.0B
$5.8B
Debt / EquityLower = less leverage
4.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLB
COLB
WSC
WSC
Q1 26
Q4 25
$2.4B
$14.6M
Q3 25
$2.3B
$14.8M
Q2 25
$1.9B
$12.8M
Q1 25
$2.1B
$10.7M
Q4 24
$1.9B
$9.0M
Q3 24
$2.1B
$11.0M
Q2 24
$2.1B
$5.9M
Total Debt
COLB
COLB
WSC
WSC
Q1 26
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
Stockholders' Equity
COLB
COLB
WSC
WSC
Q1 26
$7.7B
Q4 25
$7.8B
$856.3M
Q3 25
$7.8B
$1.1B
Q2 25
$5.3B
$1.0B
Q1 25
$5.2B
$1.0B
Q4 24
$5.1B
$1.0B
Q3 24
$5.3B
$1.1B
Q2 24
$5.0B
$1.2B
Total Assets
COLB
COLB
WSC
WSC
Q1 26
$66.0B
Q4 25
$66.8B
$5.8B
Q3 25
$67.5B
$6.1B
Q2 25
$51.9B
$6.1B
Q1 25
$51.5B
$6.0B
Q4 24
$51.6B
$6.0B
Q3 24
$51.9B
$6.0B
Q2 24
$52.0B
$6.0B
Debt / Equity
COLB
COLB
WSC
WSC
Q1 26
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×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COLB
COLB
WSC
WSC
Operating Cash FlowLast quarter
$158.9M
Free Cash FlowOCF − Capex
$149.7M
FCF MarginFCF / Revenue
26.5%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$737.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLB
COLB
WSC
WSC
Q1 26
Q4 25
$746.0M
$158.9M
Q3 25
$236.2M
$191.2M
Q2 25
$106.8M
$205.3M
Q1 25
$122.0M
$206.6M
Q4 24
$659.0M
$178.9M
Q3 24
$67.2M
$-1.6M
Q2 24
$150.3M
$175.6M
Free Cash Flow
COLB
COLB
WSC
WSC
Q1 26
Q4 25
$149.7M
Q3 25
$186.9M
Q2 25
$199.0M
Q1 25
$202.0M
Q4 24
$176.6M
Q3 24
$-4.9M
Q2 24
$169.4M
FCF Margin
COLB
COLB
WSC
WSC
Q1 26
Q4 25
26.5%
Q3 25
33.0%
Q2 25
33.8%
Q1 25
36.1%
Q4 24
29.3%
Q3 24
-0.8%
Q2 24
28.0%
Capex Intensity
COLB
COLB
WSC
WSC
Q1 26
Q4 25
1.6%
Q3 25
0.7%
Q2 25
1.1%
Q1 25
0.8%
Q4 24
0.4%
Q3 24
0.6%
Q2 24
1.0%
Cash Conversion
COLB
COLB
WSC
WSC
Q1 26
Q4 25
3.47×
Q3 25
2.46×
4.41×
Q2 25
0.70×
4.28×
Q1 25
1.40×
4.80×
Q4 24
4.61×
2.01×
Q3 24
0.46×
Q2 24
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COLB
COLB

Segment breakdown not available.

WSC
WSC

Modular Space Leasing$249.8M44%
Value Added Product And Services$101.0M18%
Portable Storage Leasing$83.0M15%
Delivery Revenue$48.2M9%
Installation Revenue$45.0M8%
Rental Units$19.7M3%
New Units$15.5M3%
Value Added Services$10.3M2%
Other Leasing Related Products And Services$3.8M1%

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