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Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
WillScot Holdings Corp is the larger business by last-quarter revenue ($566.0M vs $379.6M, roughly 1.5× DIVERSIFIED HEALTHCARE TRUST). DIVERSIFIED HEALTHCARE TRUST runs the higher net margin — -5.6% vs -33.1%, a 27.5% gap on every dollar of revenue. On growth, DIVERSIFIED HEALTHCARE TRUST posted the faster year-over-year revenue change (-0.0% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $-166.4M). Over the past eight quarters, DIVERSIFIED HEALTHCARE TRUST's revenue compounded faster (1.2% CAGR vs -1.8%).
GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...
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.
DHC vs WSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $379.6M | $566.0M |
| Net Profit | $-21.2M | $-187.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | -12.6% | -32.5% |
| Net Margin | -5.6% | -33.1% |
| Revenue YoY | -0.0% | -6.1% |
| Net Profit YoY | 75.7% | -310.0% |
| EPS (diluted) | $-0.09 | $-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 | $379.6M | $566.0M | ||
| Q3 25 | $388.7M | $566.8M | ||
| Q2 25 | $382.7M | $589.1M | ||
| Q1 25 | $386.9M | $559.6M | ||
| Q4 24 | $379.6M | $602.5M | ||
| Q3 24 | $373.6M | $601.4M | ||
| Q2 24 | $371.4M | $604.6M | ||
| Q1 24 | $370.8M | $587.2M |
| Q4 25 | $-21.2M | $-187.3M | ||
| Q3 25 | $-164.0M | $43.3M | ||
| Q2 25 | $-91.6M | $47.9M | ||
| Q1 25 | $-9.0M | $43.1M | ||
| Q4 24 | $-87.4M | $89.2M | ||
| Q3 24 | $-98.7M | $-70.5M | ||
| Q2 24 | $-97.9M | $-46.9M | ||
| Q1 24 | $-86.3M | $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 | -12.6% | -32.5% | ||
| Q3 25 | -43.4% | 21.0% | ||
| Q2 25 | -24.5% | 21.5% | ||
| Q1 25 | -2.7% | 21.3% | ||
| Q4 24 | -26.1% | 28.9% | ||
| Q3 24 | -26.5% | -5.9% | ||
| Q2 24 | -23.0% | -0.9% | ||
| Q1 24 | -23.7% | 22.1% |
| Q4 25 | -5.6% | -33.1% | ||
| Q3 25 | -42.2% | 7.6% | ||
| Q2 25 | -23.9% | 8.1% | ||
| Q1 25 | -2.3% | 7.7% | ||
| Q4 24 | -23.0% | 14.8% | ||
| Q3 24 | -26.4% | -11.7% | ||
| Q2 24 | -26.3% | -7.7% | ||
| Q1 24 | -23.3% | 9.6% |
| Q4 25 | $-0.09 | $-1.02 | ||
| Q3 25 | $-0.68 | $0.24 | ||
| Q2 25 | $-0.38 | $0.26 | ||
| Q1 25 | $-0.04 | $0.23 | ||
| Q4 24 | $-0.37 | $0.48 | ||
| Q3 24 | $-0.41 | $-0.37 | ||
| Q2 24 | $-0.41 | $-0.25 | ||
| Q1 24 | $-0.36 | $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 | $105.4M | $14.6M |
| Total DebtLower is stronger | $2.4B | $3.6B |
| Stockholders' EquityBook value | $1.7B | $856.3M |
| Total Assets | $4.4B | $5.8B |
| Debt / EquityLower = less leverage | 1.47× | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $105.4M | $14.6M | ||
| Q3 25 | $201.4M | $14.8M | ||
| Q2 25 | $141.8M | $12.8M | ||
| Q1 25 | $302.6M | $10.7M | ||
| Q4 24 | $144.6M | $9.0M | ||
| Q3 24 | $256.5M | $11.0M | ||
| Q2 24 | $265.6M | $5.9M | ||
| Q1 24 | $207.1M | $13.1M |
| Q4 25 | $2.4B | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $3.1B | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | $1.7B | $856.3M | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.9B | $1.0B | ||
| Q1 25 | $1.9B | $1.0B | ||
| Q4 24 | $2.0B | $1.0B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $2.1B | $1.2B | ||
| Q1 24 | $2.2B | $1.3B |
| Q4 25 | $4.4B | $5.8B | ||
| Q3 25 | $4.7B | $6.1B | ||
| Q2 25 | $4.8B | $6.1B | ||
| Q1 25 | $5.0B | $6.0B | ||
| Q4 24 | $5.1B | $6.0B | ||
| Q3 24 | $5.3B | $6.0B | ||
| Q2 24 | $5.3B | $6.0B | ||
| Q1 24 | $5.3B | $6.2B |
| Q4 25 | 1.47× | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | 1.56× | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 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 | $-19.6M | $158.9M |
| Free Cash FlowOCF − Capex | $-166.4M | $149.7M |
| FCF MarginFCF / Revenue | -43.8% | 26.5% |
| Capex IntensityCapex / Revenue | 38.7% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-280.3M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-19.6M | $158.9M | ||
| Q3 25 | $-49.3M | $191.2M | ||
| Q2 25 | $53.0M | $205.3M | ||
| Q1 25 | $-3.2M | $206.6M | ||
| Q4 24 | $112.2M | $178.9M | ||
| Q3 24 | $21.1M | $-1.6M | ||
| Q2 24 | $44.3M | $175.6M | ||
| Q1 24 | $28.6M | $208.7M |
| Q4 25 | $-166.4M | $149.7M | ||
| Q3 25 | $-89.8M | $186.9M | ||
| Q2 25 | $18.8M | $199.0M | ||
| Q1 25 | $-42.9M | $202.0M | ||
| Q4 24 | $-89.5M | $176.6M | ||
| Q3 24 | $-26.1M | $-4.9M | ||
| Q2 24 | $3.3M | $169.4M | ||
| Q1 24 | $-18.1M | $202.1M |
| Q4 25 | -43.8% | 26.5% | ||
| Q3 25 | -23.1% | 33.0% | ||
| Q2 25 | 4.9% | 33.8% | ||
| Q1 25 | -11.1% | 36.1% | ||
| Q4 24 | -23.6% | 29.3% | ||
| Q3 24 | -7.0% | -0.8% | ||
| Q2 24 | 0.9% | 28.0% | ||
| Q1 24 | -4.9% | 34.4% |
| Q4 25 | 38.7% | 1.6% | ||
| Q3 25 | 10.4% | 0.7% | ||
| Q2 25 | 8.9% | 1.1% | ||
| Q1 25 | 10.2% | 0.8% | ||
| Q4 24 | 53.1% | 0.4% | ||
| Q3 24 | 12.6% | 0.6% | ||
| Q2 24 | 11.0% | 1.0% | ||
| Q1 24 | 12.6% | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DHC
| Senior Housing Operating Portfolio Segment | $323.4M | 85% |
| Rental Income | $56.2M | 15% |
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% |
