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Side-by-side financial comparison of Kimco Realty (KIM) 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 $558.0M, roughly 1.0× Kimco Realty). Kimco Realty runs the higher net margin — 29.8% vs -33.1%, a 62.9% gap on every dollar of revenue. On growth, Kimco Realty posted the faster year-over-year revenue change (4.0% vs -6.1%). Over the past eight quarters, Kimco Realty's revenue compounded faster (5.6% CAGR vs -1.8%).
Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.
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.
KIM vs WSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $558.0M | $566.0M |
| Net Profit | $166.3M | $-187.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | 37.2% | -32.5% |
| Net Margin | 29.8% | -33.1% |
| Revenue YoY | 4.0% | -6.1% |
| Net Profit YoY | 23.7% | -310.0% |
| EPS (diluted) | $0.46 | $-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 | $558.0M | — | ||
| Q4 25 | $542.5M | $566.0M | ||
| Q3 25 | $535.9M | $566.8M | ||
| Q2 25 | $525.2M | $589.1M | ||
| Q1 25 | $536.6M | $559.6M | ||
| Q4 24 | $525.4M | $602.5M | ||
| Q3 24 | $507.6M | $601.4M | ||
| Q2 24 | $500.2M | $604.6M |
| Q1 26 | $166.3M | — | ||
| Q4 25 | $151.2M | $-187.3M | ||
| Q3 25 | $137.8M | $43.3M | ||
| Q2 25 | $163.0M | $47.9M | ||
| Q1 25 | $132.8M | $43.1M | ||
| Q4 24 | $166.0M | $89.2M | ||
| Q3 24 | $136.0M | $-70.5M | ||
| Q2 24 | $119.7M | $-46.9M |
| 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% |
| Q1 26 | 37.2% | — | ||
| Q4 25 | 36.4% | -32.5% | ||
| Q3 25 | 34.9% | 21.0% | ||
| Q2 25 | 39.2% | 21.5% | ||
| Q1 25 | 33.6% | 21.3% | ||
| Q4 24 | 31.7% | 28.9% | ||
| Q3 24 | 33.7% | -5.9% | ||
| Q2 24 | 32.1% | -0.9% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 27.9% | -33.1% | ||
| Q3 25 | 25.7% | 7.6% | ||
| Q2 25 | 31.0% | 8.1% | ||
| Q1 25 | 24.8% | 7.7% | ||
| Q4 24 | 31.6% | 14.8% | ||
| Q3 24 | 26.8% | -11.7% | ||
| Q2 24 | 23.9% | -7.7% |
| Q1 26 | $0.46 | — | ||
| Q4 25 | — | $-1.02 | ||
| Q3 25 | — | $0.24 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $0.23 | ||
| Q4 24 | — | $0.48 | ||
| Q3 24 | — | $-0.37 | ||
| Q2 24 | — | $-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 | — | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $10.4B | $856.3M |
| Total Assets | $19.6B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $211.6M | $14.6M | ||
| Q3 25 | $159.3M | $14.8M | ||
| Q2 25 | $226.6M | $12.8M | ||
| Q1 25 | $131.3M | $10.7M | ||
| Q4 24 | $688.6M | $9.0M | ||
| Q3 24 | $789.0M | $11.0M | ||
| Q2 24 | $126.4M | $5.9M |
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $8.0B | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B |
| Q1 26 | $10.4B | — | ||
| Q4 25 | $10.4B | $856.3M | ||
| Q3 25 | $10.5B | $1.1B | ||
| Q2 25 | $10.5B | $1.0B | ||
| Q1 25 | $10.6B | $1.0B | ||
| Q4 24 | $10.7B | $1.0B | ||
| Q3 24 | $10.5B | $1.1B | ||
| Q2 24 | $10.6B | $1.2B |
| Q1 26 | $19.6B | — | ||
| Q4 25 | $19.7B | $5.8B | ||
| Q3 25 | $19.9B | $6.1B | ||
| Q2 25 | $19.8B | $6.1B | ||
| Q1 25 | $19.7B | $6.0B | ||
| Q4 24 | $20.3B | $6.0B | ||
| Q3 24 | $20.1B | $6.0B | ||
| Q2 24 | $19.5B | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | 0.75× | 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 | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $258.4M | $158.9M | ||
| Q3 25 | $332.4M | $191.2M | ||
| Q2 25 | $305.4M | $205.3M | ||
| Q1 25 | $223.8M | $206.6M | ||
| Q4 24 | $239.5M | $178.9M | ||
| Q3 24 | $295.9M | $-1.6M | ||
| Q2 24 | $294.1M | $175.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $149.7M | ||
| Q3 25 | — | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | $205.4M | $202.0M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | — | $-4.9M | ||
| Q2 24 | — | $169.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 26.5% | ||
| Q3 25 | — | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | 38.3% | 36.1% | ||
| Q4 24 | — | 29.3% | ||
| Q3 24 | — | -0.8% | ||
| Q2 24 | — | 28.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 1.6% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.0% | 1.1% | ||
| Q1 25 | 3.4% | 0.8% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.71× | — | ||
| Q3 25 | 2.41× | 4.41× | ||
| Q2 25 | 1.87× | 4.28× | ||
| Q1 25 | 1.69× | 4.80× | ||
| Q4 24 | 1.44× | 2.01× | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KIM
| Revenues from rental properties, net | $552.8M | 99% |
| Management and other fee income | $5.2M | 1% |
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% |
