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Side-by-side financial comparison of GLOBAL INDUSTRIAL Co (GIC) 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 $345.6M, roughly 1.6× GLOBAL INDUSTRIAL Co). GLOBAL INDUSTRIAL Co runs the higher net margin — 4.2% vs -33.1%, a 37.3% gap on every dollar of revenue. On growth, GLOBAL INDUSTRIAL Co posted the faster year-over-year revenue change (14.3% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $19.2M). Over the past eight quarters, GLOBAL INDUSTRIAL Co's revenue compounded faster (3.4% CAGR vs -1.8%).
Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.
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.
GIC vs WSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $345.6M | $566.0M |
| Net Profit | $14.6M | $-187.3M |
| Gross Margin | 34.5% | 50.4% |
| Operating Margin | 5.7% | -32.5% |
| Net Margin | 4.2% | -33.1% |
| Revenue YoY | 14.3% | -6.1% |
| Net Profit YoY | 36.4% | -310.0% |
| EPS (diluted) | $0.37 | $-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 | $345.6M | $566.0M | ||
| Q3 25 | $353.6M | $566.8M | ||
| Q2 25 | $358.9M | $589.1M | ||
| Q1 25 | $321.0M | $559.6M | ||
| Q4 24 | $302.3M | $602.5M | ||
| Q3 24 | $342.4M | $601.4M | ||
| Q2 24 | $347.8M | $604.6M | ||
| Q1 24 | $323.4M | $587.2M |
| Q4 25 | $14.6M | $-187.3M | ||
| Q3 25 | $18.8M | $43.3M | ||
| Q2 25 | $25.1M | $47.9M | ||
| Q1 25 | $13.6M | $43.1M | ||
| Q4 24 | $10.7M | $89.2M | ||
| Q3 24 | $16.8M | $-70.5M | ||
| Q2 24 | $20.3M | $-46.9M | ||
| Q1 24 | $13.2M | $56.2M |
| Q4 25 | 34.5% | 50.4% | ||
| Q3 25 | 35.6% | 49.7% | ||
| Q2 25 | 37.1% | 50.3% | ||
| Q1 25 | 34.9% | 53.7% | ||
| Q4 24 | 33.8% | 55.8% | ||
| Q3 24 | 34.0% | 53.5% | ||
| Q2 24 | 35.2% | 54.1% | ||
| Q1 24 | 34.3% | 54.0% |
| Q4 25 | 5.7% | -32.5% | ||
| Q3 25 | 7.4% | 21.0% | ||
| Q2 25 | 9.3% | 21.5% | ||
| Q1 25 | 5.7% | 21.3% | ||
| Q4 24 | 4.8% | 28.9% | ||
| Q3 24 | 6.5% | -5.9% | ||
| Q2 24 | 7.6% | -0.9% | ||
| Q1 24 | 5.4% | 22.1% |
| Q4 25 | 4.2% | -33.1% | ||
| Q3 25 | 5.3% | 7.6% | ||
| Q2 25 | 7.0% | 8.1% | ||
| Q1 25 | 4.2% | 7.7% | ||
| Q4 24 | 3.5% | 14.8% | ||
| Q3 24 | 4.9% | -11.7% | ||
| Q2 24 | 5.8% | -7.7% | ||
| Q1 24 | 4.1% | 9.6% |
| Q4 25 | $0.37 | $-1.02 | ||
| Q3 25 | $0.48 | $0.24 | ||
| Q2 25 | $0.65 | $0.26 | ||
| Q1 25 | $0.35 | $0.23 | ||
| Q4 24 | $0.28 | $0.48 | ||
| Q3 24 | $0.44 | $-0.37 | ||
| Q2 24 | $0.52 | $-0.25 | ||
| Q1 24 | $0.34 | $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 | $67.5M | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $313.2M | $856.3M |
| Total Assets | $580.8M | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $67.5M | $14.6M | ||
| Q3 25 | $67.2M | $14.8M | ||
| Q2 25 | $55.1M | $12.8M | ||
| Q1 25 | $39.0M | $10.7M | ||
| Q4 24 | $44.6M | $9.0M | ||
| Q3 24 | $38.9M | $11.0M | ||
| Q2 24 | $38.8M | $5.9M | ||
| Q1 24 | $29.9M | $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 | — | $3.5B |
| Q4 25 | $313.2M | $856.3M | ||
| Q3 25 | $316.0M | $1.1B | ||
| Q2 25 | $305.2M | $1.0B | ||
| Q1 25 | $287.9M | $1.0B | ||
| Q4 24 | $281.1M | $1.0B | ||
| Q3 24 | $279.2M | $1.1B | ||
| Q2 24 | $270.4M | $1.2B | ||
| Q1 24 | $260.2M | $1.3B |
| Q4 25 | $580.8M | $5.8B | ||
| Q3 25 | $602.5M | $6.1B | ||
| Q2 25 | $586.5M | $6.1B | ||
| Q1 25 | $536.7M | $6.0B | ||
| Q4 24 | $520.7M | $6.0B | ||
| Q3 24 | $531.6M | $6.0B | ||
| Q2 24 | $542.5M | $6.0B | ||
| Q1 24 | $517.4M | $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 | — | 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 | $20.0M | $158.9M |
| Free Cash FlowOCF − Capex | $19.2M | $149.7M |
| FCF MarginFCF / Revenue | 5.6% | 26.5% |
| Capex IntensityCapex / Revenue | 0.2% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | $74.7M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.0M | $158.9M | ||
| Q3 25 | $22.7M | $191.2M | ||
| Q2 25 | $31.7M | $205.3M | ||
| Q1 25 | $3.4M | $206.6M | ||
| Q4 24 | $15.9M | $178.9M | ||
| Q3 24 | $9.6M | $-1.6M | ||
| Q2 24 | $18.8M | $175.6M | ||
| Q1 24 | $6.4M | $208.7M |
| Q4 25 | $19.2M | $149.7M | ||
| Q3 25 | $22.0M | $186.9M | ||
| Q2 25 | $30.3M | $199.0M | ||
| Q1 25 | $3.2M | $202.0M | ||
| Q4 24 | $15.2M | $176.6M | ||
| Q3 24 | $8.7M | $-4.9M | ||
| Q2 24 | $17.9M | $169.4M | ||
| Q1 24 | $5.1M | $202.1M |
| Q4 25 | 5.6% | 26.5% | ||
| Q3 25 | 6.2% | 33.0% | ||
| Q2 25 | 8.4% | 33.8% | ||
| Q1 25 | 1.0% | 36.1% | ||
| Q4 24 | 5.0% | 29.3% | ||
| Q3 24 | 2.5% | -0.8% | ||
| Q2 24 | 5.1% | 28.0% | ||
| Q1 24 | 1.6% | 34.4% |
| Q4 25 | 0.2% | 1.6% | ||
| Q3 25 | 0.2% | 0.7% | ||
| Q2 25 | 0.4% | 1.1% | ||
| Q1 25 | 0.1% | 0.8% | ||
| Q4 24 | 0.2% | 0.4% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.3% | 1.0% | ||
| Q1 24 | 0.4% | 1.1% |
| Q4 25 | 1.37× | — | ||
| Q3 25 | 1.21× | 4.41× | ||
| Q2 25 | 1.26× | 4.28× | ||
| Q1 25 | 0.25× | 4.80× | ||
| Q4 24 | 1.49× | 2.01× | ||
| Q3 24 | 0.57× | — | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 0.48× | 3.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GIC
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% |
