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Side-by-side financial comparison of PRA GROUP INC (PRAA) 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 $333.4M, roughly 1.7× PRA GROUP INC). PRA GROUP INC runs the higher net margin — 17.0% vs -33.1%, a 50.1% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs -1.8%).
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
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.
PRAA vs WSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.4M | $566.0M |
| Net Profit | $56.5M | $-187.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | 37.7% | -32.5% |
| Net Margin | 17.0% | -33.1% |
| Revenue YoY | 13.7% | -6.1% |
| Net Profit YoY | 206.3% | -310.0% |
| EPS (diluted) | $1.47 | $-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 | $333.4M | $566.0M | ||
| Q3 25 | $311.1M | $566.8M | ||
| Q2 25 | $287.7M | $589.1M | ||
| Q1 25 | $269.6M | $559.6M | ||
| Q4 24 | $293.2M | $602.5M | ||
| Q3 24 | $281.5M | $601.4M | ||
| Q2 24 | $284.2M | $604.6M | ||
| Q1 24 | $255.6M | $587.2M |
| Q4 25 | $56.5M | $-187.3M | ||
| Q3 25 | $-407.7M | $43.3M | ||
| Q2 25 | $42.4M | $47.9M | ||
| Q1 25 | $3.7M | $43.1M | ||
| Q4 24 | $18.5M | $89.2M | ||
| Q3 24 | $27.2M | $-70.5M | ||
| Q2 24 | $21.5M | $-46.9M | ||
| Q1 24 | $3.5M | $56.2M |
| 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% |
| Q4 25 | 37.7% | -32.5% | ||
| Q3 25 | -101.4% | 21.0% | ||
| Q2 25 | 29.6% | 21.5% | ||
| Q1 25 | 27.7% | 21.3% | ||
| Q4 24 | 32.1% | 28.9% | ||
| Q3 24 | 32.0% | -5.9% | ||
| Q2 24 | 31.4% | -0.9% | ||
| Q1 24 | 26.0% | 22.1% |
| Q4 25 | 17.0% | -33.1% | ||
| Q3 25 | -131.0% | 7.6% | ||
| Q2 25 | 14.7% | 8.1% | ||
| Q1 25 | 1.4% | 7.7% | ||
| Q4 24 | 6.3% | 14.8% | ||
| Q3 24 | 9.6% | -11.7% | ||
| Q2 24 | 7.6% | -7.7% | ||
| Q1 24 | 1.4% | 9.6% |
| Q4 25 | $1.47 | $-1.02 | ||
| Q3 25 | $-10.43 | $0.24 | ||
| Q2 25 | $1.08 | $0.26 | ||
| Q1 25 | $0.09 | $0.23 | ||
| Q4 24 | $0.47 | $0.48 | ||
| Q3 24 | $0.69 | $-0.37 | ||
| Q2 24 | $0.54 | $-0.25 | ||
| Q1 24 | $0.09 | $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 | $104.4M | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $979.9M | $856.3M |
| Total Assets | $5.1B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.4M | $14.6M | ||
| Q3 25 | $107.5M | $14.8M | ||
| Q2 25 | $131.6M | $12.8M | ||
| Q1 25 | $128.7M | $10.7M | ||
| Q4 24 | $105.9M | $9.0M | ||
| Q3 24 | $141.1M | $11.0M | ||
| Q2 24 | $118.9M | $5.9M | ||
| Q1 24 | $108.1M | $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 | $979.9M | $856.3M | ||
| Q3 25 | $928.5M | $1.1B | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.1B | $1.3B |
| Q4 25 | $5.1B | $5.8B | ||
| Q3 25 | $5.0B | $6.1B | ||
| Q2 25 | $5.4B | $6.1B | ||
| Q1 25 | $5.1B | $6.0B | ||
| Q4 24 | $4.9B | $6.0B | ||
| Q3 24 | $4.9B | $6.0B | ||
| Q2 24 | $4.7B | $6.0B | ||
| Q1 24 | $4.5B | $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 | $-85.5M | $158.9M |
| Free Cash FlowOCF − Capex | $-90.4M | $149.7M |
| FCF MarginFCF / Revenue | -27.1% | 26.5% |
| Capex IntensityCapex / Revenue | 1.4% | 1.6% |
| Cash ConversionOCF / Net Profit | -1.51× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-169.4M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-85.5M | $158.9M | ||
| Q3 25 | $-10.1M | $191.2M | ||
| Q2 25 | $-12.9M | $205.3M | ||
| Q1 25 | $-52.6M | $206.6M | ||
| Q4 24 | $-94.6M | $178.9M | ||
| Q3 24 | $-35.0M | $-1.6M | ||
| Q2 24 | $-29.5M | $175.6M | ||
| Q1 24 | $-73.0M | $208.7M |
| Q4 25 | $-90.4M | $149.7M | ||
| Q3 25 | $-11.3M | $186.9M | ||
| Q2 25 | $-14.2M | $199.0M | ||
| Q1 25 | $-53.5M | $202.0M | ||
| Q4 24 | $-98.6M | $176.6M | ||
| Q3 24 | $-36.1M | $-4.9M | ||
| Q2 24 | $-30.8M | $169.4M | ||
| Q1 24 | $-73.5M | $202.1M |
| Q4 25 | -27.1% | 26.5% | ||
| Q3 25 | -3.6% | 33.0% | ||
| Q2 25 | -4.9% | 33.8% | ||
| Q1 25 | -19.8% | 36.1% | ||
| Q4 24 | -33.6% | 29.3% | ||
| Q3 24 | -12.8% | -0.8% | ||
| Q2 24 | -10.8% | 28.0% | ||
| Q1 24 | -28.8% | 34.4% |
| Q4 25 | 1.4% | 1.6% | ||
| Q3 25 | 0.4% | 0.7% | ||
| Q2 25 | 0.4% | 1.1% | ||
| Q1 25 | 0.3% | 0.8% | ||
| Q4 24 | 1.4% | 0.4% | ||
| Q3 24 | 0.4% | 0.6% | ||
| Q2 24 | 0.5% | 1.0% | ||
| Q1 24 | 0.2% | 1.1% |
| Q4 25 | -1.51× | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | -0.30× | 4.28× | ||
| Q1 25 | -14.37× | 4.80× | ||
| Q4 24 | -5.13× | 2.01× | ||
| Q3 24 | -1.29× | — | ||
| Q2 24 | -1.37× | — | ||
| Q1 24 | -21.01× | 3.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
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% |
