See more : Abeona Therapeutics Inc. (0H7R.L) 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
- Ambarella, Inc. (0YU1.L) Income Statement Analysis – Financial Results
- Jinneng Science&Techology Co.,Ltd (603113.SS) Income Statement Analysis – Financial Results
- Clarke Inc. (CKI.TO) Income Statement Analysis – Financial Results
- Macquarie Group Limited (MCQEF) Income Statement Analysis – Financial Results
- Accel Limited (ACCEL.BO) 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 Present at the Sidoti & Company, LLC March Small-Cap Virtual Investor 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 Acquires Colorado-Based Container Rental Company
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the assets of Brekke Storage, a regional provider of portable storage solutions in the Colorado market. The...
Colgate To Declare 60th Year Of Dividend Growth, 10 Companies Boost Annual Dividends
The dividend increases continued to come fast and furious in February. Home Depot and Silgan both announced 10%+ increases as Genuine Parts and Walmart extended their dividend growth records.
McGrath (MGRC) Q4 Earnings and Revenues Beat Estimates
McGrath (MGRC) delivered earnings and revenue surprises of 20.90% and 2.82%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
McGrath Announces Results for Fourth Quarter 2022 and Announces 32nd Annual Dividend Increase
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 for the quarter ended December 31, 2022 of $210.9 million, an increase of 20%, compared to the fourth...
McGrath Announces Results for Fourth Quarter 2022 and Announces 32nd Annual Dividend Increase
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 for the quarter ended December 31, 2022 of $210.9 million, an increase of 20%, compared to the fourth...
Walmart, Home Depot Among 15 Companies To Announce Dividend Increases In Second Half Of February
When it comes to annual dividend increases, February is the highlight of the year. There were at least 27 dividend boosts that were announced from a wide variety of companies. Widely held companies 3M, PepsiCo, and Coca-Cola all boosted their...
Recent Price Trend in McGrath (MGRC) is Your Friend, Here's Why
McGrath (MGRC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
McGrath Acquires Vesta Modular and Concurrently Divests Adler Tank Rentals
LIVERMORE, Calif.--( BUSINESS WIRE )--McGrath RentCorp (Nasdaq: MGRC):
McGrath Acquires Vesta Modular and Concurrently Divests Adler Tank Rentals
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (Nasdaq: MGRC): TRANSACTION HIGHLIGHTS: Accelerates McGrath’s strategic growth priorities by increasing exposure to the modular business Creates a more competitive and larger scaled modular business with increased geographic coverage and density to serve customers Improves longer-term...
Source: https://incomestatements.info
Category: Stock Reports