WSCWillScot Holdings Corporation

$17.07-24% 1Y

Is it safe?

Flag

Elevated bankruptcy risk: a balance sheet under strain, quality weak, and heavy debt (B). Everything else is secondary until this clears.

1 good, 2 flagged, 2 to watch, 1 without data
SurvivalDistress zone

Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Honest booksLow risk

Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).

Quality3 / 9

Weak, deteriorating fundamentals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.

Credit gradeBderived · Jun 30, 2026

Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.

Drawdown risk51% volderived · Oct 9, 2026

Large price swings, high volatility. Worst drawdown -72% · now 41% below its 52-week high.

Unless marked, from SEC EDGAR, as of Dec 31, 2025.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitybehind 67% of the market
Max drawdownmiddle of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can WSC take a bad year?

WillScot Holdings Corporation carries $3.48B of net debt at 14.2× EBITDA: a heavy load to carry through a bad year.

$3.48B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
14.2×

Net debt / EBITDA · 7.69× a year ago · the load is going up

Altman Z-score
0.92

Altman Z-score · distress zone, below 1.8

Debt / equity
3.84×

Debt / equity

Details›
Total debtQ2 2026
$3.50B
Cash and short-term investments
$18M
Net debt
$3.48B
EBITDA, trailing twelve months
$245M
Operating profit, trailing twelve months
$149M
Debt / equity
3.84×
Total debt / EBITDA
14.3×
Annualised volatilitytwo years of daily moves
51%
Worst drawdown on file
−72%
Below its 52-week high
41%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.