WSC (WSC) revenue breakdown
By segment, NA Modular is the largest at 61% of fiscal 2021 revenue; UK Storage grew fastest, 139% a year over 1 years.
By product, Leasing revenue is the largest at 77% of fiscal 2025 revenue; Delivery and Installation grew fastest, 14% a year over 7 years.
Revenue by segment
Fiscal years, as WSC reports them in its 10-K filings; fiscal 2021 total $1.9B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | Share |
|---|---|---|---|---|---|---|---|
| NA Modular | — | — | — | — | $1.1B | $1.2B | 61% |
| NA Storage | — | — | — | — | $222M | $509M | 27% |
| UK Storage | — | — | — | — | $46M | $111M | 6% |
| Tank and Pump | — | — | — | — | $48M | $111M | 6% |
| Modular - US | $365M | $393M | $678M | $962M | — | — | — |
| Modular - Other North America | $62M | $54M | $74M | $102M | — | — | — |
Revenue by product
Fiscal years, as WSC reports them in its 10-K filings; fiscal 2025 total $2.3B.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Leasing revenue | — | — | — | — | $1.6B | $1.8B | $1.8B | $1.7B | 77% |
| Delivery and Installation | $155M | $220M | $251M | $321M | $429M | $437M | $419M | $389M | 17% |
| New units | $54M | $59M | $49M | $47M | $40M | $48M | $74M | $78M | 3% |
| Rental units | $25M | $40M | $37M | $52M | $51M | $46M | $62M | $66M | 3% |
| Modular space leasing revenue | $360M | $516M | $581M | $698M | — | — | — | — | — |
| VAPS and third party leasing revenue | $105M | $159M | $195M | $263M | — | — | — | — | — |
| Portable storage leasing revenue | $22M | $24M | $115M | $234M | — | — | — | — | — |
| Other leasing-related revenue | $31M | $44M | $45M | $58M | — | — | — | — | — |
Revenue by region
Fiscal years, as WSC reports them in its 10-K filings; fiscal 2025 total $2.3B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| US | $378M | $396M | $685M | $967M | $1.2B | $1.5B | $2.0B | $2.2B | $2.2B | $2.1B | 94% |
| Canada | $35M | $36M | $50M | $81M | $80M | $116M | $126M | $120M | $125M | $118M | 5% |
| Mexico | $13M | $14M | $16M | $16M | $14M | $15M | $18M | $25M | $27M | $21M | 1% |
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Where does WSC make its money?
In fiscal 2021, by segment: NA Modular $1.2B, NA Storage $509M, UK Storage $111M, Tank and Pump $111M.
From WSC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.