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Side-by-side financial comparison of WillScot Holdings Corp (WSC) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
WillScot Holdings Corp is the larger business by last-quarter revenue ($566.0M vs $517.5M, roughly 1.1× WOLVERINE WORLD WIDE INC). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs -33.1%, a 39.2% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $145.6M). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% CAGR vs -1.8%).
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.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
WSC vs WWW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $566.0M | $517.5M |
| Net Profit | $-187.3M | $31.8M |
| Gross Margin | 50.4% | 47.3% |
| Operating Margin | -32.5% | 9.7% |
| Net Margin | -33.1% | 6.1% |
| Revenue YoY | -6.1% | 25.5% |
| Net Profit YoY | -310.0% | 162.8% |
| EPS (diluted) | $-1.02 | $0.37 |
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 | — | $517.5M | ||
| Q4 25 | $566.0M | — | ||
| Q3 25 | $566.8M | $470.3M | ||
| Q2 25 | $589.1M | $474.2M | ||
| Q1 25 | $559.6M | $412.3M | ||
| Q4 24 | $602.5M | $494.7M | ||
| Q3 24 | $601.4M | $440.2M | ||
| Q2 24 | $604.6M | $425.2M |
| Q1 26 | — | $31.8M | ||
| Q4 25 | $-187.3M | — | ||
| Q3 25 | $43.3M | $25.1M | ||
| Q2 25 | $47.9M | $26.8M | ||
| Q1 25 | $43.1M | $12.1M | ||
| Q4 24 | $89.2M | $23.1M | ||
| Q3 24 | $-70.5M | $23.2M | ||
| Q2 24 | $-46.9M | $13.8M |
| Q1 26 | — | 47.3% | ||
| Q4 25 | 50.4% | — | ||
| Q3 25 | 49.7% | 47.5% | ||
| Q2 25 | 50.3% | 47.2% | ||
| Q1 25 | 53.7% | 47.2% | ||
| Q4 24 | 55.8% | 43.4% | ||
| Q3 24 | 53.5% | 45.1% | ||
| Q2 24 | 54.1% | 43.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | -32.5% | — | ||
| Q3 25 | 21.0% | 8.4% | ||
| Q2 25 | 21.5% | 8.6% | ||
| Q1 25 | 21.3% | 4.8% | ||
| Q4 24 | 28.9% | 7.4% | ||
| Q3 24 | -5.9% | 7.9% | ||
| Q2 24 | -0.9% | 6.8% |
| Q1 26 | — | 6.1% | ||
| Q4 25 | -33.1% | — | ||
| Q3 25 | 7.6% | 5.3% | ||
| Q2 25 | 8.1% | 5.7% | ||
| Q1 25 | 7.7% | 2.9% | ||
| Q4 24 | 14.8% | 4.7% | ||
| Q3 24 | -11.7% | 5.3% | ||
| Q2 24 | -7.7% | 3.2% |
| Q1 26 | — | $0.37 | ||
| Q4 25 | $-1.02 | — | ||
| Q3 25 | $0.24 | $0.30 | ||
| Q2 25 | $0.26 | $0.32 | ||
| Q1 25 | $0.23 | $0.15 | ||
| Q4 24 | $0.48 | $0.29 | ||
| Q3 24 | $-0.37 | $0.28 | ||
| Q2 24 | $-0.25 | $0.17 |
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 | $621.7M |
| Stockholders' EquityBook value | $856.3M | $408.0M |
| Total Assets | $5.8B | $1.7B |
| Debt / EquityLower = less leverage | 4.15× | 1.52× |
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 | — | $621.7M | ||
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.6B | $676.4M | ||
| Q2 25 | $3.7B | $708.5M | ||
| Q1 25 | $3.6B | $710.8M | ||
| Q4 24 | $3.7B | $648.0M | ||
| Q3 24 | $3.6B | $702.8M | ||
| Q2 24 | $3.5B | $814.7M |
| Q1 26 | — | $408.0M | ||
| Q4 25 | $856.3M | — | ||
| Q3 25 | $1.1B | $376.7M | ||
| Q2 25 | $1.0B | $344.0M | ||
| Q1 25 | $1.0B | $310.6M | ||
| Q4 24 | $1.0B | $312.9M | ||
| Q3 24 | $1.1B | $295.2M | ||
| Q2 24 | $1.2B | $262.1M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $5.8B | — | ||
| Q3 25 | $6.1B | $1.7B | ||
| Q2 25 | $6.1B | $1.8B | ||
| Q1 25 | $6.0B | $1.7B | ||
| Q4 24 | $6.0B | $1.7B | ||
| Q3 24 | $6.0B | $1.8B | ||
| Q2 24 | $6.0B | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | 4.15× | — | ||
| Q3 25 | 3.39× | 1.80× | ||
| Q2 25 | 3.55× | 2.06× | ||
| Q1 25 | 3.56× | 2.29× | ||
| Q4 24 | 3.62× | 2.07× | ||
| Q3 24 | 3.42× | 2.38× | ||
| Q2 24 | 2.88× | 3.11× |
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 | $146.2M |
| Free Cash FlowOCF − Capex | $149.7M | $145.6M |
| FCF MarginFCF / Revenue | 26.5% | 28.1% |
| Capex IntensityCapex / Revenue | 1.6% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | $737.7M | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $146.2M | ||
| Q4 25 | $158.9M | — | ||
| Q3 25 | $191.2M | $33.0M | ||
| Q2 25 | $205.3M | $44.6M | ||
| Q1 25 | $206.6M | $-83.8M | ||
| Q4 24 | $178.9M | $82.4M | ||
| Q3 24 | $-1.6M | $108.2M | ||
| Q2 24 | $175.6M | $26.7M |
| Q1 26 | — | $145.6M | ||
| Q4 25 | $149.7M | — | ||
| Q3 25 | $186.9M | $30.1M | ||
| Q2 25 | $199.0M | $41.2M | ||
| Q1 25 | $202.0M | $-91.4M | ||
| Q4 24 | $176.6M | $74.4M | ||
| Q3 24 | $-4.9M | $104.1M | ||
| Q2 24 | $169.4M | $23.7M |
| Q1 26 | — | 28.1% | ||
| Q4 25 | 26.5% | — | ||
| Q3 25 | 33.0% | 6.4% | ||
| Q2 25 | 33.8% | 8.7% | ||
| Q1 25 | 36.1% | -22.2% | ||
| Q4 24 | 29.3% | 15.0% | ||
| Q3 24 | -0.8% | 23.6% | ||
| Q2 24 | 28.0% | 5.6% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | 1.6% | — | ||
| Q3 25 | 0.7% | 0.6% | ||
| Q2 25 | 1.1% | 0.7% | ||
| Q1 25 | 0.8% | 1.8% | ||
| Q4 24 | 0.4% | 1.6% | ||
| Q3 24 | 0.6% | 0.9% | ||
| Q2 24 | 1.0% | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | — | — | ||
| Q3 25 | 4.41× | 1.31× | ||
| Q2 25 | 4.28× | 1.66× | ||
| Q1 25 | 4.80× | -6.93× | ||
| Q4 24 | 2.01× | 3.57× | ||
| Q3 24 | — | 4.66× | ||
| Q2 24 | — | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
