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Side-by-side financial comparison of TEXAS CAPITAL BANCSHARES INC (TCBI) 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 $324.0M, roughly 1.7× TEXAS CAPITAL BANCSHARES INC). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs -33.1%, a 55.9% gap on every dollar of revenue. On growth, TEXAS CAPITAL BANCSHARES INC posted the faster year-over-year revenue change (15.5% vs -6.1%). Over the past eight quarters, TEXAS CAPITAL BANCSHARES INC's revenue compounded faster (10.2% CAGR vs -1.8%).
Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.
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.
TCBI vs WSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $324.0M | $566.0M |
| Net Profit | $73.8M | $-187.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | — | -32.5% |
| Net Margin | 22.8% | -33.1% |
| Revenue YoY | 15.5% | -6.1% |
| Net Profit YoY | 56.8% | -310.0% |
| EPS (diluted) | $1.56 | $-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 | $324.0M | — | ||
| Q4 25 | $327.5M | $566.0M | ||
| Q3 25 | $340.4M | $566.8M | ||
| Q2 25 | $307.5M | $589.1M | ||
| Q1 25 | $280.5M | $559.6M | ||
| Q4 24 | $229.6M | $602.5M | ||
| Q3 24 | $125.3M | $601.4M | ||
| Q2 24 | $267.0M | $604.6M |
| Q1 26 | $73.8M | — | ||
| Q4 25 | $100.7M | $-187.3M | ||
| Q3 25 | $105.2M | $43.3M | ||
| Q2 25 | $77.3M | $47.9M | ||
| Q1 25 | $47.0M | $43.1M | ||
| Q4 24 | $71.0M | $89.2M | ||
| Q3 24 | $-61.3M | $-70.5M | ||
| Q2 24 | $41.7M | $-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 | — | — | ||
| Q4 25 | 40.4% | -32.5% | ||
| Q3 25 | 40.5% | 21.0% | ||
| Q2 25 | 33.2% | 21.5% | ||
| Q1 25 | 21.6% | 21.3% | ||
| Q4 24 | 40.7% | 28.9% | ||
| Q3 24 | -63.8% | -5.9% | ||
| Q2 24 | 21.9% | -0.9% |
| Q1 26 | 22.8% | — | ||
| Q4 25 | 30.7% | -33.1% | ||
| Q3 25 | 30.9% | 7.6% | ||
| Q2 25 | 25.2% | 8.1% | ||
| Q1 25 | 16.8% | 7.7% | ||
| Q4 24 | 30.9% | 14.8% | ||
| Q3 24 | -48.9% | -11.7% | ||
| Q2 24 | 15.6% | -7.7% |
| Q1 26 | $1.56 | — | ||
| Q4 25 | $2.11 | $-1.02 | ||
| Q3 25 | $2.18 | $0.24 | ||
| Q2 25 | $1.58 | $0.26 | ||
| Q1 25 | $0.92 | $0.23 | ||
| Q4 24 | $1.43 | $0.48 | ||
| Q3 24 | $-1.41 | $-0.37 | ||
| Q2 24 | $0.80 | $-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 | $878.3M | $3.6B |
| Stockholders' EquityBook value | $3.6B | $856.3M |
| Total Assets | $33.5B | $5.8B |
| Debt / EquityLower = less leverage | 0.24× | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $14.6M | ||
| Q3 25 | — | $14.8M | ||
| Q2 25 | — | $12.8M | ||
| Q1 25 | — | $10.7M | ||
| Q4 24 | — | $9.0M | ||
| Q3 24 | — | $11.0M | ||
| Q2 24 | — | $5.9M |
| Q1 26 | $878.3M | — | ||
| Q4 25 | $620.6M | $3.6B | ||
| Q3 25 | $620.4M | $3.6B | ||
| Q2 25 | $620.3M | $3.7B | ||
| Q1 25 | $660.5M | $3.6B | ||
| Q4 24 | $660.3M | $3.7B | ||
| Q3 24 | $660.2M | $3.6B | ||
| Q2 24 | $660.0M | $3.5B |
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $856.3M | ||
| Q3 25 | $3.6B | $1.1B | ||
| Q2 25 | $3.5B | $1.0B | ||
| Q1 25 | $3.4B | $1.0B | ||
| Q4 24 | $3.4B | $1.0B | ||
| Q3 24 | $3.4B | $1.1B | ||
| Q2 24 | $3.2B | $1.2B |
| Q1 26 | $33.5B | — | ||
| Q4 25 | $31.5B | $5.8B | ||
| Q3 25 | $32.5B | $6.1B | ||
| Q2 25 | $31.9B | $6.1B | ||
| Q1 25 | $31.4B | $6.0B | ||
| Q4 24 | $30.7B | $6.0B | ||
| Q3 24 | $31.6B | $6.0B | ||
| Q2 24 | $29.9B | $6.0B |
| Q1 26 | 0.24× | — | ||
| Q4 25 | 0.17× | 4.15× | ||
| Q3 25 | 0.17× | 3.39× | ||
| Q2 25 | 0.18× | 3.55× | ||
| Q1 25 | 0.19× | 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 | — | $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 | $360.2M | $158.9M | ||
| Q3 25 | $166.3M | $191.2M | ||
| Q2 25 | $63.0M | $205.3M | ||
| Q1 25 | $368.0K | $206.6M | ||
| Q4 24 | $480.1M | $178.9M | ||
| Q3 24 | $332.8M | $-1.6M | ||
| Q2 24 | $33.3M | $175.6M |
| Q1 26 | — | — | ||
| Q4 25 | $347.6M | $149.7M | ||
| Q3 25 | $161.3M | $186.9M | ||
| Q2 25 | $57.5M | $199.0M | ||
| Q1 25 | $-2.0M | $202.0M | ||
| Q4 24 | $415.2M | $176.6M | ||
| Q3 24 | $317.6M | $-4.9M | ||
| Q2 24 | $11.1M | $169.4M |
| Q1 26 | — | — | ||
| Q4 25 | 106.1% | 26.5% | ||
| Q3 25 | 47.4% | 33.0% | ||
| Q2 25 | 18.7% | 33.8% | ||
| Q1 25 | -0.7% | 36.1% | ||
| Q4 24 | 180.9% | 29.3% | ||
| Q3 24 | 253.4% | -0.8% | ||
| Q2 24 | 4.1% | 28.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 1.6% | ||
| Q3 25 | 1.5% | 0.7% | ||
| Q2 25 | 1.8% | 1.1% | ||
| Q1 25 | 0.9% | 0.8% | ||
| Q4 24 | 28.2% | 0.4% | ||
| Q3 24 | 12.1% | 0.6% | ||
| Q2 24 | 8.3% | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.58× | — | ||
| Q3 25 | 1.58× | 4.41× | ||
| Q2 25 | 0.81× | 4.28× | ||
| Q1 25 | 0.01× | 4.80× | ||
| Q4 24 | 6.76× | 2.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.80× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TCBI
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% |
