WillScot Holdings Management
Management criteria checks 2/4
WillScot Holdings' CEO is Tim Boswell, appointed in Jan 2026, has a tenure of less than a year. total yearly compensation is $4.76M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $7.11M. The average tenure of the management team and the board of directors is 0.3 years and 4.6 years respectively.
Key information
Tim Boswell
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 16.68% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | less than a year |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
WSC: Construction Demand And 2026 Leasing Turnaround Will Support Future Upside
Narrative Update on WillScot Holdings The updated analyst price target for WillScot Holdings has shifted modestly as firms recalibrate around a range of $22 to $26, with analysts pointing to steady U.S. construction demand, positive signals from major trade shows, and projections for rental and leasing revenue progress into 2026 and beyond. Analyst Commentary Recent research on WillScot Holdings clusters around a mid-$20s valuation range, reflecting a mix of cautious and constructive views on execution, end market demand, and the company's multi year initiatives into 2026 and beyond.WSC: Construction Demand And 2026 Leasing Shift Will Drive Future Upside
Analysts have trimmed the price target for WillScot Holdings to $31.12 from $31.88, reflecting updated views on profit margins, discount rates, and future P/E assumptions in light of recent mixed research that includes both target cuts and increases, as well as a new neutral initiation. Analyst Commentary Recent Street research on WillScot Holdings presents a mixed but generally constructive tone, with several bullish analysts highlighting specific catalysts around construction demand, rental exposure, and the company's long term plans.WSC: Construction Demand And 2026 Leasing Inflection Will Drive Future Upside
Analysts have trimmed the average price target for WillScot to $23 from $26, citing mixed signals. Some see support from resilient construction demand and business services exposure, while others point to cautious guidance and earlier concerns about sluggish revenue growth.
WSC: Shares Will Re Rate On 2026 Rental And Leasing Initiatives
Narrative Update on WillScot Holdings The analyst price target for WillScot Holdings has been adjusted by $0.10 to reflect a blend of recent Street targets between $22 and $26, with analysts citing sustained construction demand, a supportive rental backdrop, limited AI disruption risk, and company-specific 2026 initiatives as key factors. Analyst Commentary Recent Street commentary around WillScot Holdings highlights a mix of optimism on end market demand and the rental model, along with some concern around execution and growth pacing into the company’s 2026 plans.WSC: Shares Will Re Rate As 2026 Initiatives Reshape Earnings Power
The analyst price target for WillScot has risen by $0.25 to $24.85, as analysts factor in updated expectations around 2026 earnings potential and progress on the company's longer term initiatives. Analyst Commentary Recent research on WillScot highlights a mix of optimism around the company’s multi year plans and some concern around the pace of revenue growth, which helps explain the modest lift in the average price target.WSC: Shares Will Re Rate As Falling Interest Costs Support Post Q3 Bottom
Narrative Update on WillScot Holdings Analysts have inched their fair value estimate for WillScot higher, reflecting a roughly $1 increase in the Street price target to $25, along with a slightly higher assumed P/E multiple, even as some now flag slower revenue growth as a concern. Analyst Commentary Recent Street research on WillScot highlights a mix of optimism around execution and valuation, alongside growing concern about the pace of revenue growth.WSC: Cyclical Construction Rebound And Buybacks Will Drive Future Upside
Analysts have reduced their fair value estimate for WillScot Holdings from US$45.00 to US$32.00, reflecting updated views on slower revenue growth, lower profit margins, a higher discount rate and a higher future P/E multiple, as echoed in recent target cuts and mixed rating changes across the Street. Analyst Commentary Recent research on WillScot Holdings shows a mix of caution and optimism, with several bullish analysts still highlighting potential upside even as others rein in expectations.Is WillScot Holdings Corporation (NASDAQ:WSC) Trading At A 20% Discount?
Jan 22
WSC: Shares Will Recover As Falling Rates Support Post Q3 Watershed Bottom
Analysts have nudged their consolidated price target for WillScot Holdings higher by $0.50 to roughly $24.50. The move reflects a mix of recent target hikes and cuts as they factor in a lower discount rate, softer revenue growth and margins, and a slightly richer future P/E multiple in light of Q3 being called a "watershed quarter" and the stock establishing what some see as an "investable bottom." Analyst Commentary Recent research paints a mixed picture around WillScot Holdings, with some analysts leaning more constructive on the setup and others taking a more cautious stance after the latest earnings and guidance reset.
WSC: Macro-Dependent Recovery And Prolonged Construction Downturn Will Pressure Shares
Analysts have adjusted their blended price target on WillScot to about $20, reflecting mixed but converging views after one firm highlighted a "watershed" Q3 with an "investable bottom" and others pointed to macro dependency and earnings-related revisions. Analyst Commentary Recent research on WillScot highlights a split in views, with some analysts seeing Q3 as a potential turning point while others are stepping back and tempering expectations.WSC: Macro-Driven Recovery And Seasonal Storage Pressures Will Shape Next Phase
Analysts have cut their fair value estimate for WillScot Holdings to $18 from $28, reflecting weaker revenue growth and margin expectations, a higher perceived risk profile, and a shift in Street price targets that now lean more on macro recovery and a recently established "investable bottom" rather than on near term fundamentals. Analyst Commentary Street commentary on WillScot has shifted meaningfully toward caution, with several bearish analysts cutting price targets and tempering expectations for both growth and margins.WSC: Shares Will Recover As Falling Interest Rates Support Post Q3 Bottom
The analyst price target for WillScot Holdings has been trimmed modestly to about $24.50 from roughly $24.75, as analysts balance a slightly weaker revenue growth outlook and softer margins against signs of an investable bottom, mixed but stabilizing end market demand, and potential support from lower interest rates. Analyst Commentary Recent Street research on WillScot presents a mixed backdrop, with several firms lowering price targets and one notable upgrade highlighting a potential turning point.WSC: Share Price Will Find Support After Q3 Bottom Formation
Analysts have revised their price target for WillScot Holdings downward from $30.70 to $24.75. They cite recent estimate cuts, weaker demand trends, and macroeconomic headwinds as key drivers of the shift.WSC: Share Price Will Recover as Demand Stabilizes in Core Markets
Analysts have revised their price targets for WillScot Holdings downward, with targets dropping from a previous range as high as $40 to updated levels as low as $22. They cite persistent mixed demand, seasonal storage headwinds, and moderating momentum in the company's core business segments.Analyst Commentary Highlights Mixed Outlook and Lower Price Target for WillScot Holdings
WillScot Holdings' analyst price target has been revised downward from approximately $31.44 to $30.70 per share, as analysts cite ongoing mixed demand trends along with weaker expectations for seasonal and retail storage performance. Analyst Commentary Recent analyst reports on WillScot Holdings reflect a wide range of views about the company's current positioning and outlook.Flexible Modular Units And Climate Storage Will Capture Future Demand
Analysts have lowered their price target for WillScot Holdings from approximately $33 to $31.44 per share, citing ongoing demand headwinds and softer profit margins. Despite these challenges, they still see potential value in the shares at current levels.Flexible Modular Units And Climate Storage Will Capture Future Demand
WillScot Holdings' consensus price target was lowered from $34.33 to $33.00 as analysts incorporated incremental weakness in near-term storage demand and adopted a more balanced outlook amid ongoing short-term headwinds. Analyst Commentary Commentary around seasonal storage suggests incremental weakness impacting near-term outlook.Some May Be Optimistic About WillScot Holdings' (NASDAQ:WSC) Earnings
Aug 08Earnings Miss: WillScot Holdings Corporation Missed EPS By 27% And Analysts Are Revising Their Forecasts
Aug 04What WillScot Holdings Corporation's (NASDAQ:WSC) P/S Is Not Telling You
Aug 01WillScot Holdings Corporation's (NASDAQ:WSC) Intrinsic Value Is Potentially 40% Above Its Share Price
Jul 17Is There Now An Opportunity In WillScot Holdings Corporation (NASDAQ:WSC)?
Jul 01Is WillScot Holdings (NASDAQ:WSC) A Risky Investment?
May 07Some WillScot Holdings Corporation (NASDAQ:WSC) Shareholders Look For Exit As Shares Take 25% Pounding
Apr 22Is WillScot Holdings Corporation (NASDAQ:WSC) Trading At A 30% Discount?
Mar 20WillScot Holdings Corporation's (NASDAQ:WSC) Popularity With Investors Is Under Threat From Overpricing
Feb 01Is WillScot Holdings (NASDAQ:WSC) Using Too Much Debt?
Jan 15What Does WillScot Holdings Corporation's (NASDAQ:WSC) Share Price Indicate?
Dec 31Is WillScot Holdings Corporation (NASDAQ:WSC) Trading At A 24% Discount?
Dec 15WillScot Holdings' (NASDAQ:WSC) Soft Earnings Are Actually Better Than They Appear
Nov 06Investors Still Waiting For A Pull Back In WillScot Holdings Corporation (NASDAQ:WSC)
Oct 19Is WillScot Holdings (NASDAQ:WSC) Using Too Much Debt?
Oct 04
Innovative FLEX Solutions And Strategic Expansions Set To Bolster Revenue And Margins
Strong demand in sectors like industrial and energy for WillScot's modular products and innovative solutions is expected to boost revenue.An Intrinsic Calculation For WillScot Holdings Corporation (NASDAQ:WSC) Suggests It's 45% Undervalued
Aug 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$5m | US$795k | -US$53m |
| Sep 30 2025 | n/a | n/a | US$224m |
| Jun 30 2025 | n/a | n/a | US$110m |
| Mar 31 2025 | n/a | n/a | US$15m |
| Dec 31 2024 | US$3m | US$675k | US$28m |
| Sep 30 2024 | n/a | n/a | US$25m |
| Jun 30 2024 | n/a | n/a | US$187m |
| Mar 31 2024 | n/a | n/a | US$322m |
| Dec 31 2023 | US$4m | US$647k | US$342m |
| Sep 30 2023 | n/a | n/a | US$355m |
| Jun 30 2023 | n/a | n/a | US$341m |
| Mar 31 2023 | n/a | n/a | US$314m |
| Dec 31 2022 | US$4m | US$623k | US$276m |
| Sep 30 2022 | n/a | n/a | US$217m |
| Jun 30 2022 | n/a | n/a | US$196m |
| Mar 31 2022 | n/a | n/a | US$149m |
| Dec 31 2021 | US$11m | US$580k | US$115m |
| Sep 30 2021 | n/a | n/a | US$79m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | -US$13m |
| Dec 31 2020 | US$3m | US$485k | US$58m |
| Sep 30 2020 | n/a | n/a | -US$31m |
| Jun 30 2020 | n/a | n/a | -US$25m |
| Mar 31 2020 | n/a | n/a | -US$20m |
| Dec 31 2019 | US$2m | US$413k | -US$121m |
Compensation vs Market: Tim's total compensation ($USD4.76M) is below average for companies of similar size in the US market ($USD7.20M).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Boswell (46 yo)
less than a year
Tenure
US$4,762,907
Compensation
Mr. Timothy D. Boswell, also known as Tim, serves as Chief Operating Officer at WillScot Holdings Corporation since January 1, 2025 and serves as its Director since January 1, 2026. He is Chief Financial O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.6yrs | US$2.94m | 0.0059% $ 241.9k | |
| CEO, President & Director | less than a year | US$4.76m | 0.17% $ 7.1m | |
| Executive VP & CFO | 1.3yrs | US$1.89m | 0.032% $ 1.3m | |
| Executive VP & Chief Human Resources Officer | 2.9yrs | US$1.97m | 0.0015% $ 60.4k | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Executive Vice President of US Field Operations | 25yrs | US$853.77k | no data | |
| Senior Vice President of Enterprise Sales | less than a year | no data | no data | |
| Senior Vice President of West Division | less than a year | no data | no data | |
| Senior Vice President of Canada and Alaska Division | less than a year | no data | no data | |
| Senior Vice President of Shared Services | less than a year | no data | no data | |
| Senior Vice President of Strategy | less than a year | no data | no data |
0.3yrs
Average Tenure
47yo
Average Age
Experienced Management: WSC's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.6yrs | US$2.94m | 0.0059% $ 241.9k | |
| CEO, President & Director | less than a year | US$4.76m | 0.17% $ 7.1m | |
| Independent Director | 1.3yrs | US$240.00k | 0.0085% $ 349.1k | |
| Independent Director | 4.1yrs | US$243.50k | 0.011% $ 434.5k | |
| Lead Independent Director | 8.5yrs | US$243.50k | 1.33% $ 54.8m | |
| Independent Director | 9.3yrs | US$280.00k | 0.23% $ 9.5m | |
| Independent Director | 4.6yrs | US$252.50k | 0.022% $ 917.9k | |
| Independent Director | 7.3yrs | US$246.00k | 0.025% $ 1.0m | |
| Independent Director | 9.3yrs | US$267.50k | 0.086% $ 3.5m | |
| Director | 9.3yrs | US$9.89m | 0.55% $ 22.4m | |
| Independent Director | 2.8yrs | US$262.50k | 0.0071% $ 289.9k |
4.6yrs
Average Tenure
63yo
Average Age
Experienced Board: WSC's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 15:54 |
| End of Day Share Price | 2026/05/04 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
WillScot Holdings Corporation is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Manav Patnaik | Barclays |
| Samuel England | Berenberg |