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Side-by-side financial comparison of International General Insurance Holdings Ltd. (IGIC) 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 $403.8M, roughly 1.4× International General Insurance Holdings Ltd.). International General Insurance Holdings Ltd. runs the higher net margin — 26.0% vs -33.1%, a 59.1% gap on every dollar of revenue.

China Taiping Insurance Holdings Company Limited (CTIH) formerly China Insurance International Holdings Company Limited (CIIH), is a Chinese insurance conglomerate. The company has strong Chinese Central Government background despite being incorporated in Hong Kong. It is considered as a red chip company.

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.

IGIC vs WSC — Head-to-Head

Bigger by revenue
WSC
WSC
1.4× larger
WSC
$566.0M
$403.8M
IGIC
Higher net margin
IGIC
IGIC
59.1% more per $
IGIC
26.0%
-33.1%
WSC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IGIC
IGIC
WSC
WSC
Revenue
$403.8M
$566.0M
Net Profit
$105.1M
$-187.3M
Gross Margin
50.4%
Operating Margin
-32.5%
Net Margin
26.0%
-33.1%
Revenue YoY
-6.1%
Net Profit YoY
-310.0%
EPS (diluted)
$2.31
$-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
IGIC
IGIC
WSC
WSC
Q4 25
$566.0M
Q3 25
$403.8M
$566.8M
Q2 25
$261.9M
$589.1M
Q1 25
$559.6M
Q4 24
$602.5M
Q3 24
$369.6M
$601.4M
Q2 24
$265.8M
$604.6M
Q1 24
$587.2M
Net Profit
IGIC
IGIC
WSC
WSC
Q4 25
$-187.3M
Q3 25
$105.1M
$43.3M
Q2 25
$61.4M
$47.9M
Q1 25
$43.1M
Q4 24
$89.2M
Q3 24
$-134.4M
$-70.5M
Q2 24
$70.7M
$-46.9M
Q1 24
$56.2M
Gross Margin
IGIC
IGIC
WSC
WSC
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%
Operating Margin
IGIC
IGIC
WSC
WSC
Q4 25
-32.5%
Q3 25
21.0%
Q2 25
24.2%
21.5%
Q1 25
21.3%
Q4 24
28.9%
Q3 24
-5.9%
Q2 24
-73.3%
-0.9%
Q1 24
22.1%
Net Margin
IGIC
IGIC
WSC
WSC
Q4 25
-33.1%
Q3 25
26.0%
7.6%
Q2 25
23.5%
8.1%
Q1 25
7.7%
Q4 24
14.8%
Q3 24
-36.4%
-11.7%
Q2 24
26.6%
-7.7%
Q1 24
9.6%
EPS (diluted)
IGIC
IGIC
WSC
WSC
Q4 25
$-1.02
Q3 25
$2.31
$0.24
Q2 25
$1.36
$0.26
Q1 25
$0.23
Q4 24
$0.48
Q3 24
$1.82
$-0.37
Q2 24
$1.55
$-0.25
Q1 24
$0.29

Balance Sheet & Financial Strength

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

Metric
IGIC
IGIC
WSC
WSC
Cash + ST InvestmentsLiquidity on hand
$244.7M
$14.6M
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$654.8M
$856.3M
Total Assets
$2.0B
$5.8B
Debt / EquityLower = less leverage
4.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IGIC
IGIC
WSC
WSC
Q4 25
$14.6M
Q3 25
$244.7M
$14.8M
Q2 25
$164.8M
$12.8M
Q1 25
$10.7M
Q4 24
$9.0M
Q3 24
$219.2M
$11.0M
Q2 24
$237.3M
$5.9M
Q1 24
$13.1M
Total Debt
IGIC
IGIC
WSC
WSC
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
Stockholders' Equity
IGIC
IGIC
WSC
WSC
Q4 25
$856.3M
Q3 25
$654.8M
$1.1B
Q2 25
$662.3M
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$540.5M
$1.1B
Q2 24
$588.2M
$1.2B
Q1 24
$1.3B
Total Assets
IGIC
IGIC
WSC
WSC
Q4 25
$5.8B
Q3 25
$2.0B
$6.1B
Q2 25
$2.1B
$6.1B
Q1 25
$6.0B
Q4 24
$6.0B
Q3 24
$1.8B
$6.0B
Q2 24
$2.0B
$6.0B
Q1 24
$6.2B
Debt / Equity
IGIC
IGIC
WSC
WSC
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
IGIC
IGIC
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
IGIC
IGIC
WSC
WSC
Q4 25
$158.9M
Q3 25
$191.2M
Q2 25
$27.2M
$205.3M
Q1 25
$206.6M
Q4 24
$178.9M
Q3 24
$-1.6M
Q2 24
$120.7M
$175.6M
Q1 24
$208.7M
Free Cash Flow
IGIC
IGIC
WSC
WSC
Q4 25
$149.7M
Q3 25
$186.9M
Q2 25
$26.8M
$199.0M
Q1 25
$202.0M
Q4 24
$176.6M
Q3 24
$-4.9M
Q2 24
$119.8M
$169.4M
Q1 24
$202.1M
FCF Margin
IGIC
IGIC
WSC
WSC
Q4 25
26.5%
Q3 25
33.0%
Q2 25
10.2%
33.8%
Q1 25
36.1%
Q4 24
29.3%
Q3 24
-0.8%
Q2 24
45.1%
28.0%
Q1 24
34.4%
Capex Intensity
IGIC
IGIC
WSC
WSC
Q4 25
1.6%
Q3 25
0.7%
Q2 25
0.2%
1.1%
Q1 25
0.8%
Q4 24
0.4%
Q3 24
0.6%
Q2 24
0.3%
1.0%
Q1 24
1.1%
Cash Conversion
IGIC
IGIC
WSC
WSC
Q4 25
Q3 25
4.41×
Q2 25
0.44×
4.28×
Q1 25
4.80×
Q4 24
2.01×
Q3 24
Q2 24
1.71×
Q1 24
3.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IGIC
IGIC

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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