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Side-by-side financial comparison of Magnolia Oil & Gas Corp (MGY) 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 $358.5M, roughly 1.6× Magnolia Oil & Gas Corp). Magnolia Oil & Gas Corp runs the higher net margin — 28.1% vs -33.1%, a 61.2% gap on every dollar of revenue. On growth, Magnolia Oil & Gas Corp posted the faster year-over-year revenue change (2.3% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $145.6M). Over the past eight quarters, Magnolia Oil & Gas Corp's revenue compounded faster (3.2% CAGR vs -1.8%).
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
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.
MGY vs WSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $358.5M | $566.0M |
| Net Profit | $100.8M | $-187.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | 35.6% | -32.5% |
| Net Margin | 28.1% | -33.1% |
| Revenue YoY | 2.3% | -6.1% |
| Net Profit YoY | -3.0% | -310.0% |
| EPS (diluted) | $0.54 | $-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 | $358.5M | — | ||
| Q4 25 | $317.6M | $566.0M | ||
| Q3 25 | $324.9M | $566.8M | ||
| Q2 25 | $319.0M | $589.1M | ||
| Q1 25 | $350.3M | $559.6M | ||
| Q4 24 | $326.6M | $602.5M | ||
| Q3 24 | $333.1M | $601.4M | ||
| Q2 24 | $336.7M | $604.6M |
| Q1 26 | $100.8M | — | ||
| Q4 25 | $68.8M | $-187.3M | ||
| Q3 25 | $75.5M | $43.3M | ||
| Q2 25 | $78.1M | $47.9M | ||
| Q1 25 | $102.9M | $43.1M | ||
| Q4 24 | $85.6M | $89.2M | ||
| Q3 24 | $99.8M | $-70.5M | ||
| Q2 24 | $95.6M | $-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 | 35.6% | — | ||
| Q4 25 | 29.6% | -32.5% | ||
| Q3 25 | 31.2% | 21.0% | ||
| Q2 25 | 33.8% | 21.5% | ||
| Q1 25 | 38.8% | 21.3% | ||
| Q4 24 | 38.0% | 28.9% | ||
| Q3 24 | 38.7% | -5.9% | ||
| Q2 24 | 39.9% | -0.9% |
| Q1 26 | 28.1% | — | ||
| Q4 25 | 21.6% | -33.1% | ||
| Q3 25 | 23.2% | 7.6% | ||
| Q2 25 | 24.5% | 8.1% | ||
| Q1 25 | 29.4% | 7.7% | ||
| Q4 24 | 26.2% | 14.8% | ||
| Q3 24 | 30.0% | -11.7% | ||
| Q2 24 | 28.4% | -7.7% |
| Q1 26 | $0.54 | — | ||
| 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 | $124.4M | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $2.0B | $856.3M |
| Total Assets | $2.9B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $124.4M | — | ||
| Q4 25 | $266.8M | $14.6M | ||
| Q3 25 | $280.5M | $14.8M | ||
| Q2 25 | $251.8M | $12.8M | ||
| Q1 25 | $247.6M | $10.7M | ||
| Q4 24 | $260.0M | $9.0M | ||
| Q3 24 | $276.1M | $11.0M | ||
| Q2 24 | $275.7M | $5.9M |
| Q1 26 | — | — | ||
| Q4 25 | $393.3M | $3.6B | ||
| Q3 25 | $393.1M | $3.6B | ||
| Q2 25 | $392.9M | $3.7B | ||
| Q1 25 | $392.7M | $3.6B | ||
| Q4 24 | $392.5M | $3.7B | ||
| Q3 24 | $394.8M | $3.6B | ||
| Q2 24 | $394.1M | $3.5B |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $856.3M | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.0B | $1.0B | ||
| Q1 25 | $2.0B | $1.0B | ||
| Q4 24 | $2.0B | $1.0B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $1.9B | $1.2B |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $5.8B | ||
| Q3 25 | $2.9B | $6.1B | ||
| Q2 25 | $2.9B | $6.1B | ||
| Q1 25 | $2.9B | $6.0B | ||
| Q4 24 | $2.8B | $6.0B | ||
| Q3 24 | $2.8B | $6.0B | ||
| Q2 24 | $2.8B | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 4.15× | ||
| Q3 25 | 0.20× | 3.39× | ||
| Q2 25 | 0.20× | 3.55× | ||
| Q1 25 | 0.20× | 3.56× | ||
| Q4 24 | 0.20× | 3.62× | ||
| Q3 24 | 0.20× | 3.42× | ||
| Q2 24 | 0.21× | 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 | $197.6M | $158.9M |
| Free Cash FlowOCF − Capex | $145.6M | $149.7M |
| FCF MarginFCF / Revenue | 40.6% | 26.5% |
| Capex IntensityCapex / Revenue | 35.9% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $197.6M | — | ||
| Q4 25 | $208.4M | $158.9M | ||
| Q3 25 | $247.1M | $191.2M | ||
| Q2 25 | $198.7M | $205.3M | ||
| Q1 25 | $224.5M | $206.6M | ||
| Q4 24 | $222.6M | $178.9M | ||
| Q3 24 | $217.9M | $-1.6M | ||
| Q2 24 | $269.4M | $175.6M |
| Q1 26 | $145.6M | — | ||
| Q4 25 | — | $149.7M | ||
| Q3 25 | — | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | — | $202.0M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | — | $-4.9M | ||
| Q2 24 | — | $169.4M |
| Q1 26 | 40.6% | — | ||
| Q4 25 | — | 26.5% | ||
| Q3 25 | — | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 29.3% | ||
| Q3 24 | — | -0.8% | ||
| Q2 24 | — | 28.0% |
| Q1 26 | 35.9% | — | ||
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 1.0% |
| Q1 26 | 1.96× | — | ||
| Q4 25 | 3.03× | — | ||
| Q3 25 | 3.27× | 4.41× | ||
| Q2 25 | 2.54× | 4.28× | ||
| Q1 25 | 2.18× | 4.80× | ||
| Q4 24 | 2.60× | 2.01× | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.82× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MGY
| Natural gas (Mcf/d) | $193.1M | 54% |
| Natural gas revenues | $51.8M | 14% |
| Natural gas liquids revenues | $49.4M | 14% |
| Oil (Bbls/d) | $40.7M | 11% |
| Natural gas (MMcf) | $17.4M | 5% |
| Oil (MBbls) | $3.7M | 1% |
| Natural gas liquids (MBbls) | $2.7M | 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% |
