See more : Kunming Longjin Pharmaceutical Co., Ltd. (002750.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of McGrath RentCorp (MGRC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of McGrath RentCorp, a leading company in the Rental & Leasing Services industry within the Industrials sector.
You may be interested
- Xponential Fitness, Inc. (XPOF) Income Statement Analysis – Financial Results
- S.B.C.P. Bancorp, Inc. (SBBI) Income Statement Analysis – Financial Results
- ACS Global, Inc. (AMCY) Income Statement Analysis – Financial Results
- Viking Holdings Ltd (VIK) Income Statement Analysis – Financial Results
- Okinawa Cellular Telephone Company (9436.T) Income Statement Analysis – Financial Results
McGrath RentCorp (MGRC)
About McGrath RentCorp
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is headquartered in Livermore, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 831.84M | 733.82M | 616.83M | 572.55M | 570.23M | 498.33M | 462.03M | 424.08M | 404.54M | 408.12M | 379.32M | 364.07M | 342.67M | 291.37M | 275.64M | 304.16M | 280.41M | 267.07M | 272.18M | 202.52M | 130.97M | 145.09M | 159.39M | 164.16M | 130.00M | 135.40M | 135.00M | 89.00M | 71.30M | 68.30M | 57.10M | 54.60M | 55.80M | 52.30M | 40.50M | 35.60M | 31.80M | 17.60M | 14.10M |
| Cost of Revenue | 438.21M | 396.92M | 335.81M | 308.81M | 304.07M | 265.08M | 255.69M | 239.91M | 227.64M | 225.90M | 210.49M | 195.78M | 175.88M | 160.59M | 154.33M | 168.42M | 149.85M | 145.24M | 114.56M | 82.31M | 67.64M | 97.75M | 55.12M | 61.94M | 45.80M | 53.20M | 57.80M | 19.70M | 9.80M | 19.00M | 15.60M | 14.70M | 16.90M | 15.50M | 10.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 393.63M | 336.91M | 281.02M | 263.75M | 266.17M | 233.25M | 206.35M | 184.17M | 176.91M | 182.22M | 168.83M | 168.29M | 166.79M | 130.79M | 121.32M | 135.74M | 130.56M | 121.83M | 157.62M | 120.21M | 63.33M | 47.33M | 104.27M | 102.21M | 84.20M | 82.20M | 77.20M | 69.30M | 61.50M | 49.30M | 41.50M | 39.90M | 38.90M | 36.80M | 30.30M | 35.60M | 31.80M | 17.60M | 14.10M |
| Gross Profit Ratio | 47.32% | 45.91% | 45.56% | 46.06% | 46.68% | 46.81% | 44.66% | 43.43% | 43.73% | 44.65% | 44.51% | 46.23% | 48.67% | 44.89% | 44.01% | 44.63% | 46.56% | 45.62% | 57.91% | 59.36% | 48.36% | 32.62% | 65.42% | 62.27% | 64.77% | 60.71% | 57.19% | 77.87% | 86.26% | 72.18% | 72.68% | 73.08% | 69.71% | 70.36% | 74.81% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 201.64M | 166.34M | 143.50M | 119.09M | 121.19M | 112.57M | 108.71M | 102.01M | 97.15M | 94.46M | 86.37M | 83.78M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 24.96M | 19.98M | 17.10M | 16.20M | 16.00M | 27.80M | 18.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 5.90M | 5.00M | 5.10M | 3.90M | 3.60M | 3.20M | 2.90M | 2.90M | 2.80M | 2.40M | 2.40M | 2.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 207.54M | 171.34M | 148.60M | 122.99M | 124.79M | 115.77M | 111.61M | 104.91M | 99.95M | 96.86M | 88.77M | 86.28M | 78.13M | 65.55M | 60.24M | 58.06M | 50.03M | 45.50M | 39.82M | 33.71M | 22.63M | 22.10M | 24.96M | 19.98M | 17.10M | 16.20M | 16.00M | 27.80M | 18.90M | 13.30M | 11.60M | 11.20M | 9.60M | 9.00M | 7.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | -3.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 25.72M | 21.50M | 18.80M | 15.80M | 13.30M | 12.40M | 11.40M | 10.90M | 10.30M | 7.90M | 6.90M | 6.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 203.92M | 171.34M | 148.60M | 122.99M | 124.79M | 115.77M | 111.61M | 104.91M | 99.95M | 96.86M | 88.77M | 86.28M | 78.13M | 65.55M | 60.24M | 58.06M | 50.03M | 45.50M | 39.82M | 33.71M | 22.63M | 22.10M | 24.96M | 45.70M | 38.60M | 35.00M | 31.80M | 41.10M | 31.30M | 24.70M | 22.50M | 21.50M | 17.50M | 15.90M | 13.20M | 20.80M | 18.50M | 10.50M | 8.90M |
| Cost & Expenses | 642.13M | 568.26M | 484.41M | 431.80M | 428.86M | 380.85M | 367.29M | 344.82M | 327.59M | 322.76M | 299.26M | 282.06M | 254.01M | 226.14M | 214.56M | 226.48M | 199.88M | 190.74M | 154.38M | 116.02M | 90.26M | 119.85M | 80.08M | 107.64M | 84.40M | 88.20M | 89.60M | 60.80M | 41.10M | 43.70M | 38.10M | 36.20M | 34.40M | 31.40M | 23.40M | 20.80M | 18.50M | 10.50M | 8.90M |
| Interest Income | 0.00 | 15.17M | 10.46M | 8.79M | 12.33M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 40.56M | 15.17M | 10.46M | 8.79M | 12.33M | 12.30M | 11.62M | 12.21M | 10.09M | 9.28M | 8.69M | 9.15M | 7.61M | 6.19M | 7.11M | 9.98M | 10.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 109.38M | 111.34M | 106.70M | 94.64M | 89.48M | 81.98M | 78.42M | 81.18M | 84.28M | 81.13M | 76.85M | 72.48M | 67.40M | 62.58M | 63.13M | 60.42M | 54.00M | 47.46M | 46.43M | 34.50M | 14.69M | 17.87M | 29.63M | 25.72M | 21.50M | 18.80M | 15.80M | 13.30M | 12.40M | 11.40M | 10.90M | 10.30M | 7.90M | 6.90M | 6.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 299.40M | 276.91M | 239.12M | 235.40M | 230.85M | 198.97M | 173.49M | 160.44M | 161.24M | 166.49M | 156.91M | 154.49M | 156.06M | 127.81M | 124.21M | 138.10M | 134.53M | 123.79M | 120.05M | 88.58M | 68.15M | 58.90M | 108.95M | 82.23M | 67.10M | 66.00M | 61.20M | 41.50M | 42.60M | 36.00M | 29.90M | 28.70M | 29.30M | 27.80M | 23.10M | 14.80M | 13.30M | 7.10M | 5.20M |
| EBITDA Ratio | 35.99% | 37.74% | 38.77% | 41.11% | 40.48% | 40.02% | 37.48% | 37.83% | 39.86% | 40.79% | 41.37% | 42.43% | 45.54% | 43.87% | 45.06% | 45.40% | 47.98% | 46.35% | 60.34% | 59.75% | 42.30% | 29.71% | 68.35% | 50.09% | 51.62% | 48.74% | 45.33% | 46.63% | 65.64% | 52.71% | 52.36% | 52.56% | 52.51% | 53.15% | 57.04% | 41.57% | 41.82% | 40.34% | 36.88% |
| Operating Income | 189.71M | 165.57M | 132.42M | 140.75M | 141.37M | 117.48M | 94.74M | 79.26M | 76.96M | 85.36M | 80.06M | 82.02M | 88.66M | 65.24M | 61.08M | 77.68M | 80.53M | 76.33M | 73.62M | 54.08M | 40.71M | 25.24M | 52.05M | 56.52M | 45.60M | 47.20M | 45.40M | 28.20M | 30.20M | 24.60M | 19.00M | 18.40M | 21.40M | 20.90M | 17.10M | 14.80M | 13.30M | 7.10M | 5.20M |
| Operating Income Ratio | 22.81% | 22.56% | 21.47% | 24.58% | 24.79% | 23.57% | 20.50% | 18.69% | 19.02% | 20.92% | 21.11% | 22.53% | 25.87% | 22.39% | 22.16% | 25.54% | 28.72% | 28.58% | 27.05% | 26.70% | 31.08% | 17.39% | 32.65% | 34.43% | 35.08% | 34.86% | 33.63% | 31.69% | 42.36% | 36.02% | 33.27% | 33.70% | 38.35% | 39.96% | 42.22% | 41.57% | 41.82% | 40.34% | 36.88% |
| Total Other Income/Expenses | -40.25M | -12.61M | -2.51M | -8.71M | -12.25M | -12.79M | -11.29M | -12.33M | -10.58M | -8.80M | -8.69M | -9.15M | -7.61M | -6.19M | -7.11M | -9.98M | -10.72M | -10.76M | -7.89M | -5.19M | -2.67M | -3.98M | -7.08M | -9.51M | -6.90M | -7.30M | -5.10M | -2.90M | -7.20M | -2.20M | -1.70M | -2.00M | -3.00M | -4.80M | -4.80M | -3.70M | -2.90M | -1.00M | -1.00M |
| Income Before Tax | 149.46M | 150.02M | 121.76M | 132.04M | 129.13M | 104.70M | 83.45M | 66.93M | 66.38M | 76.56M | 71.37M | 72.87M | 81.06M | 59.05M | 53.97M | 67.70M | 69.81M | 65.57M | 65.73M | 48.89M | 38.04M | 21.25M | 44.97M | 47.01M | 38.70M | 39.90M | 40.30M | 25.30M | 23.00M | 22.40M | 17.30M | 16.40M | 18.40M | 16.10M | 12.30M | 11.10M | 10.40M | 6.10M | 4.20M |
| Income Before Tax Ratio | 17.97% | 20.44% | 19.74% | 23.06% | 22.64% | 21.01% | 18.06% | 15.78% | 16.41% | 18.76% | 18.82% | 20.01% | 23.65% | 20.27% | 19.58% | 22.26% | 24.90% | 24.55% | 24.15% | 24.14% | 29.04% | 14.65% | 28.21% | 28.63% | 29.77% | 29.47% | 29.85% | 28.43% | 32.26% | 32.80% | 30.30% | 30.04% | 32.97% | 30.78% | 30.37% | 31.18% | 32.70% | 34.66% | 29.79% |
| Income Tax Expense | 37.61M | 34.88M | 32.05M | 30.06M | 32.32M | 25.29M | -70.47M | 28.68M | 25.91M | 30.85M | 27.98M | 28.09M | 31.46M | 22.57M | 20.65M | 26.50M | 27.34M | 24.21M | 24.65M | 18.84M | 15.18M | 8.46M | 17.81M | 19.76M | 14.90M | 16.00M | 16.30M | 9.80M | 9.20M | 9.40M | 6.70M | 6.30M | 7.40M | 6.60M | 5.20M | 4.70M | 4.80M | 3.20M | 1.20M |
| Net Income | 174.62M | 115.14M | 89.71M | 101.98M | 96.81M | 79.41M | 153.92M | 38.25M | 40.47M | 45.71M | 43.40M | 44.78M | 49.60M | 36.48M | 33.33M | 41.20M | 42.41M | 41.08M | 40.82M | 30.00M | 22.69M | 12.63M | 26.68M | 27.24M | 22.40M | 23.90M | 24.00M | 15.50M | 13.80M | 13.00M | 10.60M | 10.10M | 11.00M | 9.50M | 7.10M | 6.40M | 5.60M | 2.90M | 3.00M |
| Net Income Ratio | 20.99% | 15.69% | 14.54% | 17.81% | 16.98% | 15.93% | 33.31% | 9.02% | 10.00% | 11.20% | 11.44% | 12.30% | 14.48% | 12.52% | 12.09% | 13.55% | 15.12% | 15.38% | 15.00% | 14.81% | 17.33% | 8.71% | 16.74% | 16.60% | 17.23% | 17.65% | 17.78% | 17.42% | 19.35% | 19.03% | 18.56% | 18.50% | 19.71% | 18.16% | 17.53% | 17.98% | 17.61% | 16.48% | 21.28% |
| EPS | 7.14 | 4.73 | 3.70 | 4.22 | 3.99 | 3.29 | 6.41 | 1.60 | 1.60 | 1.77 | 1.71 | 1.80 | 2.04 | 1.52 | 1.40 | 1.74 | 1.68 | 1.65 | 1.65 | 1.23 | 0.94 | 0.51 | 1.09 | 1.11 | 0.85 | 0.85 | 0.80 | 0.51 | 0.43 | 0.40 | 0.32 | 0.30 | 0.34 | 0.32 | 0.23 | 0.19 | 0.16 | 0.09 | 0.11 |
| EPS Diluted | 7.12 | 4.70 | 3.66 | 4.16 | 3.93 | 3.24 | 6.34 | 1.60 | 1.59 | 1.75 | 1.67 | 1.78 | 2.00 | 1.50 | 1.40 | 1.72 | 1.67 | 1.63 | 1.61 | 1.21 | 0.93 | 0.50 | 1.07 | 1.10 | 0.84 | 0.84 | 0.79 | 0.51 | 0.43 | 0.39 | 0.32 | 0.30 | 0.34 | 0.32 | 0.23 | 0.19 | 0.16 | 0.09 | 0.11 |
| Weighted Avg Shares Out | 24.47M | 24.35M | 24.22M | 24.16M | 24.25M | 24.14M | 24.00M | 23.90M | 25.37M | 25.91M | 25.43M | 24.76M | 24.35M | 23.94M | 23.75M | 23.74M | 25.23M | 24.95M | 24.67M | 24.34M | 24.25M | 24.94M | 24.46M | 24.67M | 26.47M | 28.33M | 29.96M | 30.61M | 32.34M | 32.91M | 33.13M | 34.24M | 32.84M | 30.16M | 30.87M | 34.59M | 35.00M | 32.22M | 28.57M |
| Weighted Avg Shares Out (Dil) | 24.53M | 24.52M | 24.52M | 24.53M | 24.62M | 24.54M | 24.27M | 23.98M | 25.46M | 26.18M | 25.93M | 25.16M | 24.76M | 24.29M | 23.87M | 23.94M | 25.44M | 25.23M | 25.33M | 24.80M | 24.52M | 25.24M | 24.99M | 24.86M | 26.77M | 28.70M | 30.36M | 30.61M | 32.46M | 33.77M | 33.65M | 34.24M | 32.84M | 30.16M | 30.87M | 34.59M | 35.00M | 32.22M | 28.57M |
McGrath to Participate in the Wolfe Research Small and Mid-Cap Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, will participate in investor meetings at...
McGrath (MGRC) Upgraded to Strong Buy: What Does It Mean for the Stock?
McGrath (MGRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
McGrath RentCorp (MGRC) Q3 2024 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC ) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Mark Riddick - Sidoti...
McGrath (MGRC) Q3 Earnings and Revenues Top Estimates
McGrath (MGRC) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.65 per share a year ago.
McGrath Announces Results for Third Quarter 2024
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended September 30, 2024 of $266.8 million, an increase of 10% compared...
Analysts Estimate McGrath (MGRC) to Report a Decline in Earnings: What to Look Out for
McGrath (MGRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
McGrath Sets Third Quarter 2024 Financial Results Date and Time
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its third quarter ending September 30, 2024, after the close of regular market trading...
Why McGrath RentCorp Stock Slumped on Wednesday
A tie-up with a very compatible peer was canceled. McGrath will receive a fee of $180 million for this, but that's small comfort to shareholders.
McGrath Confirms Agreement to Terminate Pending Merger with WillScot
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today confirmed that WillScot Holdings Corporation (“WillScot”) (Nasdaq: WSC) and the Company mutually agreed to terminate their previously announced merger agreement. In...
McGrath Declares Quarterly Dividend
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors' declaration of a quarterly cash dividend of $0.475 per common share for the quarter ended September...
Source: https://incomestatements.info
Category: Stock Reports