vs
Side-by-side financial comparison of Element Solutions Inc (ESI) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
Element Solutions Inc is the larger business by last-quarter revenue ($840.0M vs $566.0M, roughly 1.5× WillScot Holdings Corp). Element Solutions Inc runs the higher net margin — 6.7% vs -33.1%, a 39.8% gap on every dollar of revenue. On growth, Element Solutions Inc posted the faster year-over-year revenue change (41.0% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $-74.2M). Over the past eight quarters, Element Solutions Inc's revenue compounded faster (17.1% CAGR vs -1.8%).
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.
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.
ESI vs WSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $840.0M | $566.0M |
| Net Profit | $56.0M | $-187.3M |
| Gross Margin | 38.4% | 50.4% |
| Operating Margin | 13.3% | -32.5% |
| Net Margin | 6.7% | -33.1% |
| Revenue YoY | 41.0% | -6.1% |
| Net Profit YoY | -43.0% | -310.0% |
| EPS (diluted) | $0.23 | $-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.
| Q1 26 | $840.0M | — | ||
| Q4 25 | $676.2M | $566.0M | ||
| Q3 25 | $656.1M | $566.8M | ||
| Q2 25 | $625.2M | $589.1M | ||
| Q1 25 | $593.7M | $559.6M | ||
| Q4 24 | $624.2M | $602.5M | ||
| Q3 24 | $645.0M | $601.4M | ||
| Q2 24 | $612.7M | $604.6M |
| Q1 26 | $56.0M | — | ||
| Q4 25 | $6.2M | $-187.3M | ||
| Q3 25 | $39.3M | $43.3M | ||
| Q2 25 | $47.4M | $47.9M | ||
| Q1 25 | $98.0M | $43.1M | ||
| Q4 24 | $54.7M | $89.2M | ||
| Q3 24 | $40.3M | $-70.5M | ||
| Q2 24 | $93.2M | $-46.9M |
| Q1 26 | 38.4% | — | ||
| Q4 25 | 40.9% | 50.4% | ||
| Q3 25 | 42.2% | 49.7% | ||
| Q2 25 | 42.6% | 50.3% | ||
| Q1 25 | 42.2% | 53.7% | ||
| Q4 24 | 41.0% | 55.8% | ||
| Q3 24 | 41.5% | 53.5% | ||
| Q2 24 | 43.6% | 54.1% |
| Q1 26 | 13.3% | — | ||
| Q4 25 | 10.3% | -32.5% | ||
| Q3 25 | 15.4% | 21.0% | ||
| Q2 25 | 15.1% | 21.5% | ||
| Q1 25 | 13.0% | 21.3% | ||
| Q4 24 | 12.0% | 28.9% | ||
| Q3 24 | 14.7% | -5.9% | ||
| Q2 24 | 15.7% | -0.9% |
| Q1 26 | 6.7% | — | ||
| Q4 25 | 0.9% | -33.1% | ||
| Q3 25 | 6.0% | 7.6% | ||
| Q2 25 | 7.6% | 8.1% | ||
| Q1 25 | 16.5% | 7.7% | ||
| Q4 24 | 8.8% | 14.8% | ||
| Q3 24 | 6.2% | -11.7% | ||
| Q2 24 | 15.2% | -7.7% |
| Q1 26 | $0.23 | — | ||
| Q4 25 | $0.03 | $-1.02 | ||
| Q3 25 | $0.16 | $0.24 | ||
| Q2 25 | $0.20 | $0.26 | ||
| Q1 25 | $0.40 | $0.23 | ||
| Q4 24 | $0.22 | $0.48 | ||
| Q3 24 | $0.17 | $-0.37 | ||
| Q2 24 | $0.39 | $-0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $177.3M | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $2.7B | $856.3M |
| Total Assets | $5.7B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $177.3M | — | ||
| Q4 25 | $626.5M | $14.6M | ||
| Q3 25 | $594.3M | $14.8M | ||
| Q2 25 | $529.9M | $12.8M | ||
| Q1 25 | $499.2M | $10.7M | ||
| Q4 24 | $359.4M | $9.0M | ||
| Q3 24 | $376.0M | $11.0M | ||
| Q2 24 | $309.3M | $5.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $3.6B | ||
| Q3 25 | $1.6B | $3.6B | ||
| Q2 25 | $1.6B | $3.7B | ||
| Q1 25 | $1.6B | $3.6B | ||
| Q4 24 | $1.8B | $3.7B | ||
| Q3 24 | $1.9B | $3.6B | ||
| Q2 24 | $1.9B | $3.5B |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $856.3M | ||
| Q3 25 | $2.7B | $1.1B | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | $2.5B | $1.0B | ||
| Q4 24 | $2.4B | $1.0B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $2.4B | $1.2B |
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.1B | $5.8B | ||
| Q3 25 | $5.0B | $6.1B | ||
| Q2 25 | $5.0B | $6.1B | ||
| Q1 25 | $4.8B | $6.0B | ||
| Q4 24 | $4.9B | $6.0B | ||
| Q3 24 | $5.1B | $6.0B | ||
| Q2 24 | $5.0B | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | 4.15× | ||
| Q3 25 | 0.61× | 3.39× | ||
| Q2 25 | 0.62× | 3.55× | ||
| Q1 25 | 0.64× | 3.56× | ||
| Q4 24 | 0.76× | 3.62× | ||
| Q3 24 | 0.78× | 3.42× | ||
| Q2 24 | 0.81× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $158.9M |
| Free Cash FlowOCF − Capex | $-74.2M | $149.7M |
| FCF MarginFCF / Revenue | -8.8% | 26.5% |
| Capex IntensityCapex / Revenue | 3.0% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $158.9M | ||
| Q3 25 | $100.1M | $191.2M | ||
| Q2 25 | — | $205.3M | ||
| Q1 25 | $26.0M | $206.6M | ||
| Q4 24 | — | $178.9M | ||
| Q3 24 | $98.5M | $-1.6M | ||
| Q2 24 | — | $175.6M |
| Q1 26 | $-74.2M | — | ||
| Q4 25 | — | $149.7M | ||
| Q3 25 | $83.6M | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | $15.0M | $202.0M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | $85.9M | $-4.9M | ||
| Q2 24 | — | $169.4M |
| Q1 26 | -8.8% | — | ||
| Q4 25 | — | 26.5% | ||
| Q3 25 | 12.7% | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | 2.5% | 36.1% | ||
| Q4 24 | — | 29.3% | ||
| Q3 24 | 13.3% | -0.8% | ||
| Q2 24 | — | 28.0% |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 2.5% | 1.6% | ||
| Q3 25 | 2.5% | 0.7% | ||
| Q2 25 | 2.8% | 1.1% | ||
| Q1 25 | 1.9% | 0.8% | ||
| Q4 24 | 3.6% | 0.4% | ||
| Q3 24 | 2.0% | 0.6% | ||
| Q2 24 | 2.4% | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.55× | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | 0.27× | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | 2.44× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
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% |
