WSC vs. APP

Last updated Apr 1, 2026

Compare and contrast key facts about WillScot Mobile Mini Holdings Corp. (WSC) and AppLovin Corporation (APP).

Performance

WSC vs. APP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WillScot Mobile Mini Holdings Corp. (WSC) and AppLovin Corporation (APP). The values are adjusted to include any dividend payments, if applicable.

WSC vs. APP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WSC WillScot Mobile Mini Holdings Corp.	-7.50%	-43.07%	-24.83%	-1.48%	10.60%	41.85%
APP AppLovin Corporation	-40.93%	108.08%	712.62%	278.44%	-88.83%	44.57%

Fundamentals

Market Cap WSC : $3.15B APP : $135.28B
EPS WSC : -$0.29 APP : $9.78
PS Ratio WSC : 1.39 APP : 24.76
PB Ratio WSC : 3.68 APP : 63.37
Total Revenue (TTM) WSC : $2.28B APP : $5.48B
Gross Profit (TTM) WSC : $1.16B APP : $4.82B
EBITDA (TTM) WSC : $434.54M APP : $4.12B

Returns By Period

In the year-to-date period, WSC achieves a -7.50% return, which is significantly higher than APP's -40.93% return.

WSC

• 1D: 4.77%
• 1M: -19.40%
• YTD: -7.50%
• 6M: -17.20%
• 1Y: -36.78%
• 3Y*: -27.84%
• 5Y*: -9.48%
• 10Y*: —

APP

• 1D: 6.97%
• 1M: -8.46%
• YTD: -40.93%
• 6M: -44.61%
• 1Y: 50.21%
• 3Y*: 193.45%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

WSC vs. APP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WSC

WSC Risk / Return Rank: 14
WSC Sharpe Ratio Rank: 12
WSC Sortino Ratio Rank: 13
WSC Omega Ratio Rank: 15
WSC Calmar Ratio Rank: 16
WSC Martin Ratio Rank: 14

APP

APP Risk / Return Rank: 64
APP Sharpe Ratio Rank: 66
APP Sortino Ratio Rank: 64
APP Omega Ratio Rank: 64
APP Calmar Ratio Rank: 63
APP Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WSC vs. APP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WillScot Mobile Mini Holdings Corp. (WSC) and AppLovin Corporation (APP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	WSC	APP	Difference
Sharpe ratio Return per unit of total volatility	-0.70	0.67	-1.37
Sortino ratio Return per unit of downside risk	-0.88	1.29	-2.17
Omega ratio Gain probability vs. loss probability	0.90	1.17	-0.28
Calmar ratio Return relative to maximum drawdown	-0.72	0.92	-1.64
Martin ratio Return relative to average drawdown	-1.34	2.24	-3.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WSC vs. APP - Sharpe Ratio Comparison

The current WSC Sharpe Ratio is -0.70, which is lower than the APP Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of WSC and APP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WSC	APP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	0.67	-1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.57	-0.42

Correlation

The correlation between WSC and APP is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WSC vs. APP - Dividend Comparison

WSC's dividend yield for the trailing twelve months is around 1.61%, while APP has not paid dividends to shareholders.

	TTM	2025
WSC WillScot Mobile Mini Holdings Corp.	1.61%	1.49%
APP AppLovin Corporation	0.00%	0.00%

Drawdowns

WSC vs. APP - Drawdown Comparison

The maximum WSC drawdown since its inception was -71.54%, smaller than the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for WSC and APP.

Drawdown Indicators

	WSC	APP	Difference
Max Drawdown Largest peak-to-trough decline	-71.54%	-91.90%	+20.36%
Max Drawdown (1Y) Largest decline over 1 year	-52.53%	-49.99%	-2.54%
Max Drawdown (5Y) Largest decline over 5 years	-71.54%	—	—
Current Drawdown Current decline from peak	-66.79%	-45.75%	-21.04%
Average Drawdown Average peak-to-trough decline	-19.99%	-42.76%	+22.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.07%	20.59%	+7.48%

Volatility

WSC vs. APP - Volatility Comparison

The current volatility for WillScot Mobile Mini Holdings Corp. (WSC) is 15.81%, while AppLovin Corporation (APP) has a volatility of 21.74%. This indicates that WSC experiences smaller price fluctuations and is considered to be less risky than APP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WSC	APP	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.81%	21.74%	-5.93%
Volatility (6M) Calculated over the trailing 6-month period	36.79%	58.38%	-21.59%
Volatility (1Y) Calculated over the trailing 1-year period	52.65%	75.93%	-23.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.49%	77.95%	-38.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.78%	77.95%	-34.17%

Financials