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WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Operating Margin % : 28.91% (As of Dec. 2023)


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What is WillScot Mobile Mini Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. WillScot Mobile Mini Holdings's Operating Income for the three months ended in Dec. 2023 was $177 Mil. WillScot Mobile Mini Holdings's Revenue for the three months ended in Dec. 2023 was $612 Mil. Therefore, WillScot Mobile Mini Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 28.91%.

Good Sign:

WillScot Mobile Mini Holdings Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for WillScot Mobile Mini Holdings's Operating Margin % or its related term are showing as below:

WSC' s Operating Margin % Range Over the Past 10 Years
Min: -1.85   Med: 17.98   Max: 28.76
Current: 28.76


WSC's Operating Margin % is ranked better than
93.48% of 1059 companies
in the Business Services industry
Industry Median: 6.32 vs WSC: 28.76

WillScot Mobile Mini Holdings's 5-Year Average Operating Margin % Growth Rate was 31.90% per year.

WillScot Mobile Mini Holdings's Operating Income for the three months ended in Dec. 2023 was $177 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $680 Mil.


WillScot Mobile Mini Holdings Operating Margin % Historical Data

The historical data trend for WillScot Mobile Mini Holdings's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WillScot Mobile Mini Holdings Operating Margin % Chart

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 12.42 18.58 17.98 23.91 28.76

WillScot Mobile Mini Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.12 28.02 28.61 29.46 28.91

Competitive Comparison of WillScot Mobile Mini Holdings's Operating Margin %

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WillScot Mobile Mini Holdings's Operating Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Operating Margin % falls into.



WillScot Mobile Mini Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

WillScot Mobile Mini Holdings's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=680.213 / 2364.767
=28.76 %

WillScot Mobile Mini Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=177.042 / 612.376
=28.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WillScot Mobile Mini Holdings  (NAS:WSC) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


WillScot Mobile Mini Holdings Operating Margin % Related Terms

Thank you for viewing the detailed overview of WillScot Mobile Mini Holdings's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Business Description

Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.
Executives
Bradley Lee Soultz director, officer: Chief Executive Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Natalia Johnson director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Felicia Gorcyca officer: Chief Human Resources Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Sally J Shanks officer: Chief Accounting Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Jeffrey Sagansky director, 10 percent owner, officer: President & CEO 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Erika T Davis director
Graeme Parkes officer: Chief Information Officer 4646 E. VAN BUREN STREET, SUITE 400, PHOENIX AZ 85008
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Hezron T. Lopez officer: V.P.,Gen Counsel, Corp. Sec. 855 EAST MAIN AVE, ZEELAND MI 49464
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Christopher J Miner officer: SVP, GC & Secretary 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Sapphire Holding S.a R.l. 10 percent owner C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson director, 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Mark S. Bartlett director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214