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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.
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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 Sets Second Quarter 2023 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 second quarter ending June 30, 2023, after the close of regular market trading...
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does McGrath (MGRC) have what it takes?
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 $0.465 per common share for the quarter ended June...
Why McGrath (MGRC) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does McGrath (MGRC) have what it takes?
McGrath to Present at the UBS Global Industrials and Transportation 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, are scheduled to present at the...
McGrath to Present at the UBS Global Industrials and Transportation 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, are scheduled to present at the...
McGrath (MGRC) Beats Q1 Earnings Estimates (Revised)
McGrath MGRC came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.77 per share a year ago.
McGrath (MGRC) Beats Q1 Earnings Estimates (Revised)
McGrath MGRC came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.77 per share a year ago.
Why McGrath (MGRC) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does McGrath (MGRC) have what it takes?
McGrath RentCorp (MGRC) Q1 2023 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Joe Hanna – Chief Executive Officer Keith Pratt – Chief Financial Officer Conference Call Participants Scott Schneeberger – Oppenheimer Marc Riddick – Sidoti...
Source: https://incomestatements.info
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