Is WillScot Holdings Corp (WSC) Halal?

NASDAQ Industrials United States $3.1B
✗ NOT HALAL
Confidence: 90/100
WillScot Holdings Corp (WSC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 111.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. WillScot Holdings Corp operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 111.3%
/ 30%
0.4%
/ 30%
11.3%
/ 30%
13.49%
/ 5%
✗ NOT HALAL
DJIM 111.3%
/ 33%
0.4%
/ 33%
11.3%
/ 33%
13.49%
/ 5%
✗ NOT HALAL
MSCI 67.1%
/ 33%
0.3%
/ 33%
6.8%
/ 33%
13.49%
/ 5%
✗ NOT HALAL
S&P 111.3%
/ 33%
0.4%
/ 33%
11.3%
/ 33%
13.49%
/ 5%
✗ NOT HALAL
FTSE 67.1%
/ 33%
0.3%
/ 33%
6.8%
/ 50%
13.49%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.29
Dividend Yield
164.0%
Payout: 17.4%
P/B Ratio
3.6
EV/EBITDA
11.6
EV: $7.0B
Revenue
$2.3B
Growth: -6.1%
Beta
1.1
Average volatility
Current Ratio
0.9

Profitability

Gross Margin 52.8%
Operating Margin 27.7%
Net Margin -2.3%
Return on Equity (ROE) -5.7%
Return on Assets (ROA) 5.3%

Cash Flow & Balance Sheet

Operating Cash Flow$762M
Free Cash Flow$420M
Total Debt$3.9B
Debt-to-Equity456.1
Current Ratio0.9
Total Assets$5.8B

Price & Trading

Last Close$18.45
50-Day MA$20.43
200-Day MA$22.52
Avg Volume1.9M
Beta1.1
52-Week Range
$14.91
$31.88

About WillScot Holdings Corp (WSC)

CEO
Mr. Timothy D. Boswell
Employees
4,700
Sector
Industrials
Industry
Rental & Leasing Services
Country
United States
Exchange
NASDAQ
Market Cap
$3.1B
Currency
USD

WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico. The company leases, sells, delivers, and installs modular space solutions and portable storage products. It offers modular space solutions, such as modular office complexes, mobile offices, classrooms, blast-resistant modules, clearspan structures, and sanitation solutions; and portable storage solutions, including portable storage and climate-controlled containers and trailers. The company also provides workstations, furniture, appliances, media packages, power and solar solutions, telematics, connectivity and data solutions, security and protection products, entrance packages, electrical and lighting products, organization and space optimization assets, perimeter solutions, and other items. The company serves customers in the construction and infrastructure, commercial and industrial, and energy and natural resources markets, as well as governments and institutions. The company was formerly known as WillScot Mobile Mini Holdings Corp. and changed its name to WillScot Holdings Corporation in July 2024. The company was founded in 1944 and is headquartered in Scottsdale, Arizona.

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Frequently Asked Questions

Is WillScot Holdings Corp (WSC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WillScot Holdings Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is WillScot Holdings Corp's debt ratio?

WillScot Holdings Corp's debt ratio is 111.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 67.1%.

What are WillScot Holdings Corp's key financial metrics?

WillScot Holdings Corp has a market capitalization of $3.1B, and revenue of $2.3B. The company maintains a gross margin of 52.8% and a net margin of -2.3%. Return on equity stands at -5.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.