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McGrath RentCorp (MGRC) Financials

McGrath RentCorp logo
$106.58 -0.21 (-0.20%)
Closing price 04:00 PM Eastern
Extended Trading
$106.55 -0.03 (-0.03%)
As of 04:14 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for McGrath RentCorp

Annual Income Statements for McGrath RentCorp

This table shows McGrath RentCorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
40 38 154 79 97 102 90 115 175 232
Consolidated Net Income / (Loss)
40 38 154 79 97 102 90 115 175 232
Net Income / (Loss) Continuing Operations
40 38 154 79 97 102 85 103 112 232
Total Pre-Tax Income
66 67 83 105 129 132 116 135 149 314
Total Operating Income
77 79 95 117 141 141 124 147 190 244
Total Gross Profit
177 184 206 375 266 264 247 290 394 633
Total Revenue
405 424 462 498 570 573 535 636 832 911
Operating Revenue
402 424 462 498 570 573 535 636 832 911
Total Cost of Revenue
228 240 256 123 304 309 287 345 438 476
Operating Cost of Revenue
228 240 190 123 304 309 287 345 438 278
Total Operating Expenses
100 105 112 258 125 123 123 143 204 389
Selling, General & Admin Expense
100 105 112 116 125 123 123 143 208 200
Depreciation Expense
- - - 73 - - - - - 88
Other Operating Expenses / (Income)
- - - 69 - - 0.00 0.00 -3.62 100
Total Other Income / (Expense), net
-11 -12 -11 -13 -12 -8.71 -8.45 -13 -40 69
Interest Expense
10 12 12 12 12 8.79 8.24 12 41 47
Other Income / (Expense), net
-0.49 -0.12 0.33 -0.49 0.08 0.08 -0.21 -0.38 0.31 117
Income Tax Expense
26 29 -70 25 32 30 31 31 38 82
Net Income / (Loss) Discontinued Operations
- - - - - - 4.62 12 63 0.00
Basic Earnings per Share
$1.60 $1.60 $6.41 $3.29 $3.99 $4.22 $3.70 $4.73 $7.14 $9.44
Weighted Average Basic Shares Outstanding
25.37M 23.90M 24.00M 24.14M 24.25M 24.16M 24.22M 24.35M 24.47M 24.54M
Diluted Earnings per Share
$1.59 $1.60 $6.34 $3.24 $3.93 $4.16 $3.66 $4.70 $7.12 $9.43
Weighted Average Diluted Shares Outstanding
25.46M 23.98M 24.27M 24.54M 24.62M 24.53M 24.52M 24.52M 24.53M 24.57M
Weighted Average Basic & Diluted Shares Outstanding
25.30M 23.90M 24M 24.18M 24.30M 24.13M 24.26M 24.39M 24.50M 24.55M
Cash Dividends to Common per Share
$1.00 $1.02 $1.04 $1.36 $1.50 $1.68 $1.74 $1.82 $1.86 $1.90

Quarterly Income Statements for McGrath RentCorp

This table shows McGrath RentCorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
31 40 72 31 40 32 23 21 149 39
Consolidated Net Income / (Loss)
31 40 72 31 40 32 23 21 149 39
Net Income / (Loss) Continuing Operations
27 35 12 28 40 32 23 21 149 39
Total Pre-Tax Income
36 45 13 38 56 44 30 29 203 52
Total Operating Income
40 49 20 48 67 56 43 42 75 85
Total Gross Profit
77 88 77 95 112 110 93 103 173 263
Total Revenue
174 183 164 203 244 222 188 213 267 244
Operating Revenue
174 183 164 203 244 222 188 213 267 244
Total Cost of Revenue
98 95 86 108 132 111 95 109 143 129
Operating Cost of Revenue
98 95 86 108 132 111 95 109 94 -19
Total Operating Expenses
37 40 57 47 45 54 51 61 99 178
Selling, General & Admin Expense
37 40 57 47 49 55 60 61 49 30
Other Operating Expenses / (Income)
0.00 - 0.00 0.00 -3.56 -0.06 -9.28 0.00 27 82
Total Other Income / (Expense), net
-3.59 -4.15 -7.24 -9.96 -11 -12 -13 -13 128 -33
Interest Expense
3.36 4.17 7.46 9.95 11 12 13 13 13 8.86
Other Income / (Expense), net
-0.24 0.03 0.23 -0.02 -0.04 0.14 -0.13 -0.03 141 -24
Income Tax Expense
9.18 9.71 1.11 9.67 15 12 7.05 8.36 54 13
Basic Earnings per Share
$1.25 $1.64 $2.93 $1.25 $1.65 $1.31 $0.93 $0.84 $6.08 $1.59
Weighted Average Basic Shares Outstanding
24.38M 24.35M 24.42M 24.48M 24.49M 24.47M 24.51M 24.55M 24.55M 24.54M
Diluted Earnings per Share
$1.25 $1.61 $2.92 $1.25 $1.65 $1.30 $0.93 $0.84 $6.08 $1.58
Weighted Average Diluted Shares Outstanding
24.50M 24.52M 24.54M 24.51M 24.53M 24.53M 24.56M 24.56M 24.57M 24.57M
Weighted Average Basic & Diluted Shares Outstanding
24.38M 24.39M 24.48M 24.48M 24.49M 24.50M 24.55M 24.55M 24.55M 24.55M
Cash Dividends to Common per Share
$0.46 $0.45 $0.47 $0.47 $0.47 $0.46 $0.48 $0.48 $0.48 $0.47

Annual Cash Flow Statements for McGrath RentCorp

This table details how cash moves in and out of McGrath RentCorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-0.06 -0.25 1.65 -0.99 0.83 -1.10 0.25 -0.53 -0.08 -0.07
Net Cash From Operating Activities
144 141 122 143 188 181 196 194 95 374
Net Cash From Continuing Operating Activities
144 141 122 143 188 181 196 194 95 374
Net Income / (Loss) Continuing Operations
40 38 154 79 97 102 90 115 175 232
Consolidated Net Income / (Loss)
40 38 154 79 97 102 90 115 175 232
Depreciation Expense
84 81 78 82 89 95 107 111 109 107
Amortization Expense
0.05 0.05 0.05 0.02 0.01 0.01 0.02 0.02 0.01 0.07
Non-Cash Adjustments To Reconcile Net Income
-5.87 -8.64 -12 -14 -14 -13 -17 -29 -86 -33
Changes in Operating Assets and Liabilities, net
25 30 -98 -4.40 16 -3.62 16 -3.31 -102 68
Net Cash From Investing Activities
-114 -60 -71 -104 -143 -53 -352 -131 -392 -151
Net Cash From Continuing Investing Activities
-114 -60 -71 -104 -143 -53 -352 -131 -660 -151
Purchase of Property, Plant & Equipment
-140 -90 -109 -139 -180 -100 -117 -205 -274 -231
Acquisitions
- - - -7.54 -7.81 0.00 -292 0.00 -462 0.00
Sale of Property, Plant & Equipment
26 29 38 42 44 47 0.00 0.00 9.70 12
Other Investing Activities, net
- - - - - - 57 74 66 68
Net Cash From Discontinued Investing Activities
- - - - - - 0.00 0.00 268 0.00
Net Cash From Financing Activities
-30 -81 -50 -39 -44 -128 156 -64 296 -224
Net Cash From Continuing Financing Activities
-30 -81 -50 -39 -44 -128 156 -64 296 -224
Repayment of Debt
-20 -55 -23 -20 -5.14 -71 -40 -13 274 -173
Payment of Dividends
-26 -24 -25 -31 -36 -40 -42 -44 -46 -47
Issuance of Debt
79 - - 15 0.00 0.00 244 0.00 75 0.00
Other Financing Activities, net
0.59 -1.25 -2.07 -3.26 -3.33 -4.38 -5.35 -6.54 -7.23 -4.37
Effect of Exchange Rate Changes
- -0.00 -0.04 -0.10 0.00 -0.16 0.00 -0.01 0.01 0.00
Cash Interest Paid
10 12 12 13 12 9.05 10 15 39 48
Cash Income Taxes Paid
2.50 16 30 18 18 35 9.09 27 92 37

Quarterly Cash Flow Statements for McGrath RentCorp

This table details how cash moves in and out of McGrath RentCorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
14 -35 -0.27 1.52 -0.26 -1.07 1.04 7.48 -5.34 -3.25
Net Cash From Operating Activities
51 61 36 36 47 -24 59 79 199 37
Net Cash From Continuing Operating Activities
64 27 36 36 47 -24 59 79 199 37
Net Income / (Loss) Continuing Operations
31 40 72 31 40 32 23 21 149 39
Consolidated Net Income / (Loss)
31 40 72 31 40 32 23 21 149 39
Depreciation Expense
28 28 28 27 27 28 27 27 27 27
Amortization Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06
Non-Cash Adjustments To Reconcile Net Income
-8.42 -7.87 -60 -11 -9.95 -5.04 -14 -5.18 -6.91 -6.63
Changes in Operating Assets and Liabilities, net
14 -33 -3.58 -11 -9.85 -78 23 37 30 -22
Net Cash From Investing Activities
-17 -45 -264 -37 -31 -60 -78 -56 -6.93 -9.94
Net Cash From Continuing Investing Activities
-17 -45 -526 -42 -31 -60 -78 -56 -6.93 -9.94
Purchase of Property, Plant & Equipment
-40 -64 -85 -55 -48 -86 -104 -72 -28 -28
Other Investing Activities, net
- - 12 15 22 17 14 16 21 18
Net Cash From Financing Activities
-33 -17 228 2.46 -16 83 20 -16 -197 -30
Net Cash From Continuing Financing Activities
-33 -17 228 2.46 -16 83 20 -16 -197 -30
Repayment of Debt
- - 245 14 -80 95 - - -111 -18
Payment of Dividends
-11 -11 -11 -11 -11 -11 -12 -12 -12 -12
Other Financing Activities, net
-0.13 -0.29 -6.09 -0.01 - -1.13 -4.08 - - -0.29
Cash Interest Paid
3.16 5.79 7.82 8.99 11 11 14 12 14 7.99
Cash Income Taxes Paid
7.81 2.48 0.41 6.52 2.62 82 0.48 -5.08 0.77 40

Annual Balance Sheets for McGrath RentCorp

This table presents McGrath RentCorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
1,153 1,128 1,148 1,217 1,310 1,276 1,596 1,708 2,217 2,278
Total Current Assets
-440 -468 -485 -515 -505 166 216 241 331 315
Cash & Equivalents
- - - - 2.34 1.24 1.49 0.96 0.88 0.81
Accounts Receivable
- - - - - 123 159 170 227 219
Inventories, net
-440 -468 -485 -515 -553 - - - 15 14
Prepaid Expenses
- - - - 45 42 55 70 87 80
Plant, Property, & Equipment, net
110 112 119 127 131 938 1,065 990 1,329 1,388
Plant, Property & Equipment, gross
1,310 1,324 1,348 1,416 1,520 1,531 1,711 1,522 1,905 1,999
Accumulated Depreciation
- - - - - 593 646 531 575 612
Total Noncurrent Assets
1,483 1,484 1,514 1,605 1,684 172 2,026 477 557 575
Goodwill
28 28 28 28 28 28 132 106 323 323
Intangible Assets
9.47 8.60 7.72 7.25 7.33 7.12 47 35 65 54
Other Noncurrent Operating Assets
125 123 131 154 128 136 1,847 335 169 197
Total Liabilities & Shareholders' Equity
1,153 1,128 1,148 1,217 1,310 1,276 1,596 1,708 2,217 2,278
Total Liabilities
773 734 624 646 676 593 864 904 1,283 1,154
Total Current Liabilities
108 116 126 141 164 154 621 287 279 284
Accounts Payable
72 78 86 91 109 108 136 151 59 60
Accrued Expenses
- - - - - - - - 109 114
Current Deferred Revenue
36 37 39 50 55 46 59 82 111 110
Total Noncurrent Liabilities
665 618 498 505 512 439 242 617 1,005 870
Long-Term Debt
381 326 303 299 293 223 - 414 763 590
Noncurrent Deferred & Payable Income Tax Liabilities
283 292 195 207 218 216 242 203 242 280
Commitments & Contingencies
0.00 0.00 0.00 - - 0.00 - 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
380 394 524 572 634 683 732 804 934 1,123
Total Preferred & Common Equity
380 394 524 572 634 683 732 804 934 1,123
Total Common Equity
380 394 524 572 634 683 732 804 934 1,123
Common Stock
101 102 103 104 106 106 109 110 111 116
Retained Earnings
279 293 421 468 528 576 623 694 823 1,007
Accumulated Other Comprehensive Income / (Loss)
-0.07 -0.06 -0.17 -0.05 -0.07 -0.10 -0.05 -0.08 -0.12 0.00

Quarterly Balance Sheets for McGrath RentCorp

This table presents McGrath RentCorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
1,678 2,062 2,109 2,137 2,263 2,318 2,286
Total Current Assets
264 258 276 307 320 337 318
Cash & Equivalents
1.56 0.69 2.21 1.95 1.91 9.40 4.06
Accounts Receivable
190 177 192 224 212 217 225
Inventories, net
- - - - 25 28 22
Prepaid Expenses
72 80 82 81 82 82 67
Plant, Property, & Equipment, net
1,100 1,267 1,296 1,292 1,369 1,407 1,392
Plant, Property & Equipment, gross
1,791 1,814 1,849 1,857 1,957 2,009 1,997
Accumulated Depreciation
691 547 553 565 589 602 605
Total Noncurrent Assets
314 536 538 538 574 574 576
Goodwill
132 324 325 324 323 323 323
Intangible Assets
43 68 66 67 62 59 57
Other Noncurrent Operating Assets
139 144 147 146 189 192 196
Total Liabilities & Shareholders' Equity
1,678 2,062 2,109 2,137 2,263 2,318 2,286
Total Liabilities
905 1,202 1,229 1,225 1,320 1,364 1,192
Total Current Liabilities
247 320 326 329 276 317 310
Accounts Payable
155 219 220 223 57 73 76
Accrued Expenses
- - - - 96 109 109
Current Deferred Revenue
92 100 107 106 123 135 124
Total Noncurrent Liabilities
658 883 902 897 1,045 1,047 882
Long-Term Debt
419 659 673 668 799 794 609
Noncurrent Deferred & Payable Income Tax Liabilities
238 224 230 229 246 253 273
Total Equity & Noncontrolling Interests
773 860 881 911 943 954 1,094
Total Preferred & Common Equity
773 860 881 911 943 954 1,094
Total Common Equity
773 860 881 911 943 954 1,094
Common Stock
107 105 107 109 109 112 114
Retained Earnings
666 754 773 802 834 843 980
Accumulated Other Comprehensive Income / (Loss)
0.08 -0.10 -0.05 -0.04 -0.05 -0.04 -0.17

Annual Metrics and Ratios for McGrath RentCorp

This table displays calculated financial ratios and metrics derived from McGrath RentCorp's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-0.88% 4.83% 8.95% 7.86% 14.43% 0.41% -6.63% 18.91% 30.86% 9.51%
EBITDA Growth
-3.23% -0.27% 8.21% 14.66% 16.06% 1.97% -2.00% 11.92% 15.92% 56.45%
EBIT Growth
-10.07% 3.49% 20.14% 23.05% 20.91% -0.44% -11.91% 18.43% 29.34% 89.92%
NOPAT Growth
-7.93% -3.46% 285.77% -49.01% 18.95% 2.57% -16.02% 23.75% 25.66% 27.11%
Net Income Growth
-11.46% -5.48% 302.39% -48.41% 21.91% 5.35% -12.04% 28.35% 51.66% 32.70%
EPS Growth
-9.14% 0.63% 296.25% -48.90% 21.30% 5.85% -12.02% 28.42% 51.49% 32.44%
Operating Cash Flow Growth
17.30% -2.47% -13.01% 16.57% 31.77% -3.98% 8.44% -0.67% -50.96% 292.66%
Free Cash Flow Firm Growth
596.13% 160.03% -21.02% -31.16% 9.35% 154.54% -1,215.14% 188.83% -122.10% 157.60%
Invested Capital Growth
1.87% -5.31% 14.86% 5.14% 6.32% -2.27% 170.09% -48.00% 33.55% 0.99%
Revenue Q/Q Growth
-1.58% 0.00% 3.81% 2.23% 2.54% 0.31% -9.38% 16.33% 4.88% 2.49%
EBITDA Q/Q Growth
-2.93% -0.12% 2.77% 4.97% 2.50% 1.20% -0.96% 5.94% 2.19% 0.89%
EBIT Q/Q Growth
-6.30% 1.39% 4.77% 7.67% 2.31% 2.11% -4.98% 10.59% 3.80% 1.40%
NOPAT Q/Q Growth
-4.06% -4.80% 232.80% -54.35% 1.77% 3.90% -8.13% 13.83% 1.74% 13.96%
Net Income Q/Q Growth
-5.53% -4.46% 235.12% -54.07% 2.27% 4.91% -2.95% 10.77% -4.18% 3.08%
EPS Q/Q Growth
-3.64% -3.61% 231.94% -54.30% 2.08% 5.32% -3.17% 10.59% -4.17% 3.06%
Operating Cash Flow Q/Q Growth
4.06% -5.53% 5.00% 3.32% 2.90% -1.18% 5.66% 0.87% -47.04% 19.21%
Free Cash Flow Firm Q/Q Growth
146.80% 2.93% 28.96% -31.01% 2.93% 15.03% -803.34% 1,550.93% -15.20% 343.80%
Invested Capital Q/Q Growth
-1.38% -2.08% 12.46% 0.76% 0.76% -0.65% 108.79% 6.63% 7.54% 0.84%
Profitability Metrics
- - - - - - - - - -
Gross Margin
43.73% 43.43% 44.66% 75.27% 46.68% 46.06% 46.26% 45.65% 47.32% 69.47%
EBITDA Margin
39.75% 37.82% 37.56% 39.93% 40.50% 41.13% 43.17% 40.63% 35.99% 51.42%
Operating Margin
19.02% 18.69% 20.51% 23.57% 24.79% 24.58% 23.24% 23.17% 22.81% 26.81%
EBIT Margin
18.90% 18.66% 20.58% 23.48% 24.81% 24.60% 23.21% 23.11% 22.84% 39.62%
Profit (Net Income) Margin
10.00% 9.02% 33.31% 15.93% 16.98% 17.81% 16.78% 18.11% 20.99% 25.44%
Tax Burden Percent
60.97% 57.15% 184.44% 75.85% 74.97% 77.23% 77.46% 85.49% 116.83% 73.88%
Interest Burden Percent
86.80% 84.58% 87.78% 89.49% 91.28% 93.76% 93.35% 91.68% 78.66% 86.91%
Effective Tax Rate
39.03% 42.85% -84.44% 24.15% 25.03% 22.77% 26.53% 23.30% 25.16% 26.12%
Return on Invested Capital (ROIC)
6.22% 6.11% 22.57% 10.50% 11.81% 11.89% 5.46% 6.09% 9.57% 10.59%
ROIC Less NNEP Spread (ROIC-NNEP)
4.39% 4.12% 15.96% 7.28% 8.69% 9.26% 5.29% 6.29% 14.89% 18.17%
Return on Net Nonoperating Assets (RNNOA)
3.84% 3.77% 10.94% 4.00% 4.25% 3.61% 7.23% 8.90% 10.52% 11.94%
Return on Equity (ROE)
10.06% 9.88% 33.52% 14.49% 16.06% 15.49% 12.68% 14.99% 20.10% 22.53%
Cash Return on Invested Capital (CROIC)
4.37% 11.57% 8.75% 5.49% 5.68% 14.18% -86.46% 69.24% -19.15% 9.60%
Operating Return on Assets (OROA)
6.74% 6.94% 8.35% 9.89% 11.19% 10.89% 8.64% 8.89% 9.68% 16.06%
Return on Assets (ROA)
3.57% 3.35% 13.52% 6.71% 7.66% 7.89% 6.25% 6.97% 8.90% 10.31%
Return on Common Equity (ROCE)
10.06% 9.88% 33.52% 14.49% 16.06% 15.49% 12.68% 14.99% 20.10% 22.53%
Return on Equity Simple (ROE_SIMPLE)
10.66% 9.70% 29.36% 13.89% 15.27% 14.94% 12.25% 14.32% 18.70% 20.63%
Net Operating Profit after Tax (NOPAT)
47 45 175 89 106 109 91 113 142 180
NOPAT Margin
11.60% 10.68% 37.82% 17.88% 18.59% 18.99% 17.08% 17.77% 17.07% 19.81%
Net Nonoperating Expense Percent (NNEP)
1.83% 1.99% 6.61% 3.22% 3.11% 2.62% 0.16% -0.20% -5.32% -7.59%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 9.28% 8.37% 10.53%
Cost of Revenue to Revenue
56.27% 56.57% 55.34% 24.74% 53.32% 53.94% 53.74% 54.35% 52.68% 52.20%
SG&A Expenses to Revenue
24.71% 24.74% 24.16% 23.23% 21.88% 21.48% 23.02% 22.48% 24.95% 22.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
24.71% 24.74% 24.16% 51.69% 21.88% 21.48% 23.02% 22.48% 24.51% 42.65%
Earnings before Interest and Taxes (EBIT)
76 79 95 117 141 141 124 147 190 361
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
161 160 174 199 231 235 231 258 299 468
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.28 1.99 1.85 1.92 2.64 2.19 2.52 2.88 3.07 2.43
Price to Tangible Book Value (P/TBV)
1.42 2.19 1.98 2.04 2.80 2.31 3.34 3.49 5.25 3.67
Price to Revenue (P/Rev)
1.20 1.85 2.10 2.20 2.94 2.62 3.45 3.64 3.45 3.00
Price to Earnings (P/E)
11.97 20.47 6.30 13.79 17.31 14.69 20.55 20.08 16.43 11.80
Dividend Yield
4.90% 3.01% 2.56% 2.83% 2.12% 2.63% 2.27% 1.90% 1.58% 1.70%
Earnings Yield
8.35% 4.89% 15.87% 7.25% 5.78% 6.81% 4.87% 4.98% 6.09% 8.47%
Enterprise Value to Invested Capital (EV/IC)
1.14 1.54 1.54 1.60 2.13 1.90 0.75 2.15 2.14 1.94
Enterprise Value to Revenue (EV/Rev)
2.14 2.62 2.76 2.80 3.45 3.00 3.44 4.29 4.36 3.65
Enterprise Value to EBITDA (EV/EBITDA)
5.38 6.92 7.34 7.00 8.52 7.30 7.98 10.55 12.13 7.10
Enterprise Value to EBIT (EV/EBIT)
11.32 14.02 13.39 11.91 13.90 12.21 14.85 18.55 19.11 9.21
Enterprise Value to NOPAT (EV/NOPAT)
18.45 24.49 7.29 15.64 18.56 15.82 20.17 24.12 25.57 18.42
Enterprise Value to Operating Cash Flow (EV/OCF)
6.00 7.88 10.40 9.77 10.46 9.53 9.41 14.02 38.08 8.88
Enterprise Value to Free Cash Flow (EV/FCFF)
26.27 12.94 18.81 29.90 38.59 13.26 0.00 2.12 0.00 20.32
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.00 0.83 0.58 0.52 0.46 0.33 0.00 0.51 0.82 0.53
Long-Term Debt to Equity
1.00 0.83 0.58 0.52 0.46 0.33 0.00 0.51 0.82 0.53
Financial Leverage
0.88 0.91 0.69 0.55 0.49 0.39 1.37 1.42 0.71 0.66
Leverage Ratio
2.82 2.95 2.48 2.16 2.10 1.96 2.03 2.15 2.26 2.19
Compound Leverage Factor
2.45 2.49 2.18 1.93 1.91 1.84 1.90 1.97 1.78 1.90
Debt to Total Capital
50.10% 45.28% 36.66% 34.31% 31.64% 24.60% 0.00% 33.98% 44.97% 34.44%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
50.10% 45.28% 36.66% 34.31% 31.64% 24.60% 0.00% 33.98% 44.97% 34.44%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
49.90% 54.72% 63.34% 65.69% 68.36% 75.40% 100.00% 66.02% 55.03% 65.56%
Debt to EBITDA
2.37 2.03 1.75 1.50 1.27 0.95 0.00 1.60 2.55 1.26
Net Debt to EBITDA
2.37 2.03 1.75 1.50 1.26 0.94 0.00 1.60 2.55 1.26
Long-Term Debt to EBITDA
2.37 2.03 1.75 1.50 1.27 0.95 0.00 1.60 2.55 1.26
Debt to NOPAT
8.13 7.20 1.74 3.35 2.77 2.05 0.00 3.66 5.37 3.27
Net Debt to NOPAT
8.13 7.20 1.74 3.35 2.75 2.04 0.00 3.65 5.37 3.27
Long-Term Debt to NOPAT
8.13 7.20 1.74 3.35 2.77 2.05 0.00 3.66 5.37 3.27
Altman Z-Score
0.71 0.99 1.48 1.64 2.23 2.97 2.11 2.73 2.55 2.98
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
-4.07 -4.04 -3.86 -3.66 -3.08 1.08 0.35 0.84 1.19 1.11
Quick Ratio
0.00 0.00 0.00 0.00 0.01 0.81 0.26 0.60 0.82 0.78
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
33 86 68 47 51 130 -1,447 1,285 -284 164
Operating Cash Flow to CapEx
126.38% 233.79% 172.74% 147.16% 138.91% 340.57% 167.55% 94.70% 36.12% 170.79%
Free Cash Flow to Firm to Interest Expense
3.27 7.02 5.82 3.79 4.13 14.76 -175.46 105.07 -7.00 3.46
Operating Cash Flow to Interest Expense
14.29 11.53 10.53 11.60 15.25 20.54 23.74 15.90 2.35 7.92
Operating Cash Flow Less CapEx to Interest Expense
2.98 6.60 4.43 3.72 4.27 14.51 9.57 -0.89 -4.16 3.28
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.36 0.37 0.41 0.42 0.45 0.44 0.37 0.38 0.42 0.41
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 3.78 3.86 4.19 4.08
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 31.99
Fixed Asset Turnover
3.70 3.82 3.99 4.05 4.42 1.07 0.53 0.62 0.72 0.67
Accounts Payable Turnover
3.18 3.20 3.11 1.39 3.04 2.84 2.35 2.40 4.17 8.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 96.55 94.58 87.17 89.49
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.41
Days Payable Outstanding (DPO)
114.89 114.22 117.49 262.44 120.05 128.54 155.42 151.89 87.44 45.61
Cash Conversion Cycle (CCC)
-114.89 -114.22 -117.49 -262.44 -120.05 -128.54 -58.87 -57.31 -0.28 55.29
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
761 721 828 870 925 904 2,442 1,270 1,696 1,713
Invested Capital Turnover
0.54 0.57 0.60 0.59 0.64 0.63 0.32 0.34 0.56 0.53
Increase / (Decrease) in Invested Capital
14 -40 107 43 55 -21 1,538 -1,172 426 17
Enterprise Value (EV)
866 1,109 1,273 1,393 1,967 1,720 1,842 2,725 3,631 3,324
Market Capitalization
485 783 970 1,095 1,676 1,498 1,843 2,313 2,869 2,734
Book Value per Share
$15.90 $16.49 $21.81 $23.64 $26.11 $28.31 $30.19 $32.97 $38.13 $45.76
Tangible Book Value per Share
$14.34 $14.97 $20.33 $22.19 $24.65 $26.85 $22.79 $27.16 $22.29 $30.38
Total Capital
761 721 828 870 927 905 732 1,218 1,697 1,714
Total Debt
381 326 303 299 293 223 0.00 414 763 590
Total Long-Term Debt
381 326 303 299 293 223 0.00 414 763 590
Net Debt
381 326 303 299 291 222 -1.49 413 762 589
Capital Expenditures (CapEx)
114 60 71 97 135 53 117 205 264 219
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-549 -583 -611 -656 -672 11 -407 -47 51 30
Debt-free Net Working Capital (DFNWC)
-549 -583 -611 -656 -669 12 -406 -46 52 31
Net Working Capital (NWC)
-549 -583 -611 -656 -669 12 -406 -46 52 31
Net Nonoperating Expense (NNE)
6.45 7.05 21 9.70 9.18 6.73 1.59 -2.16 -33 -51
Net Nonoperating Obligations (NNO)
381 326 303 299 291 222 1,710 466 762 589
Total Depreciation and Amortization (D&A)
84 81 78 82 89 95 107 111 109 108
Debt-free, Cash-free Net Working Capital to Revenue
-135.64% -137.57% -132.21% -131.55% -117.79% 1.84% -76.14% -7.40% 6.16% 3.32%
Debt-free Net Working Capital to Revenue
-135.64% -137.57% -132.21% -131.55% -117.38% 2.06% -75.86% -7.25% 6.26% 3.41%
Net Working Capital to Revenue
-135.64% -137.57% -132.21% -131.55% -117.38% 2.06% -75.86% -7.25% 6.26% 3.41%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.60 $1.60 $6.41 $3.29 $3.99 $4.22 $3.70 $4.73 $7.14 $9.44
Adjusted Weighted Average Basic Shares Outstanding
25.37M 23.90M 24.00M 24.14M 24.25M 24.16M 24.22M 24.35M 24.47M 24.54M
Adjusted Diluted Earnings per Share
$1.59 $1.60 $6.34 $3.24 $3.93 $4.16 $3.66 $4.70 $7.12 $9.43
Adjusted Weighted Average Diluted Shares Outstanding
25.46M 23.98M 24.27M 24.54M 24.62M 24.53M 24.52M 24.52M 24.53M 24.57M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $3.99 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
23.85M 23.95M 24.05M 24.18M 24.30M 24.13M 24.26M 24.39M 24.50M 24.55M
Normalized Net Operating Profit after Tax (NOPAT)
47 45 66 89 106 109 91 113 142 180
Normalized NOPAT Margin
11.60% 10.68% 14.35% 17.88% 18.59% 18.99% 17.08% 17.77% 17.07% 19.81%
Pre Tax Income Margin
16.41% 15.78% 18.06% 21.01% 22.64% 23.06% 21.66% 21.19% 17.97% 34.43%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
7.58 6.48 8.18 9.51 11.47 16.03 15.05 12.01 4.69 7.64
NOPAT to Interest Expense
4.65 3.71 15.04 7.25 8.60 12.37 11.07 9.24 3.50 3.82
EBIT Less CapEx to Interest Expense
-3.73 1.55 2.08 1.63 0.50 10.00 0.88 -4.77 -1.82 3.00
NOPAT Less CapEx to Interest Expense
-6.66 -1.22 8.94 -0.64 -2.38 6.34 -3.10 -7.55 -3.01 -0.82
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
63.70% 63.91% 16.16% 38.96% 36.71% 39.00% 47.02% 38.45% 26.09% 20.18%
Augmented Payout Ratio
221.72% 63.91% 16.16% 38.96% 36.71% 52.35% 47.02% 38.45% 26.09% 20.18%

Quarterly Metrics and Ratios for McGrath RentCorp

This table displays calculated financial ratios and metrics derived from McGrath RentCorp's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
0.61% 95.26% 30.92% 32.38% 39.67% 21.15% 14.73% 4.72% 9.55% 10.00%
EBITDA Growth
5.15% 23.20% -10.08% 23.37% 38.26% 8.35% 46.35% -7.97% 159.19% 4.98%
EBIT Growth
10.85% 40.42% -21.02% 44.29% 67.82% 14.25% 111.99% -11.67% 223.79% 8.95%
NOPAT Growth
16.38% 55.51% -6.63% 38.35% 62.47% 6.75% 80.25% -15.38% 13.57% 55.82%
Net Income Growth
31.46% 39.35% 281.30% 17.01% 32.06% -19.24% -68.11% -32.58% 269.91% 21.64%
EPS Growth
31.58% 38.79% 279.22% 16.82% 32.00% -19.25% -68.15% -32.80% 268.48% 21.54%
Operating Cash Flow Growth
33.81% 2.82% -30.98% 17.95% -7.42% -138.54% 66.39% 121.63% 319.30% 256.11%
Free Cash Flow Firm Growth
103.58% 179.98% -530.51% 175.84% -4,130.78% -131.83% 75.19% -115.67% 80.30% 112.12%
Invested Capital Growth
1.83% -48.00% 106.12% -38.59% 32.42% 33.55% 14.63% 12.13% 7.70% 0.99%
Revenue Q/Q Growth
13.68% 4.91% -10.49% 24.01% 19.94% -9.00% -15.24% 13.20% 25.47% -8.63%
EBITDA Q/Q Growth
11.25% 13.85% -38.01% 57.14% 24.68% -10.78% -16.27% -1.19% 251.16% -63.86%
EBIT Q/Q Growth
20.28% 23.21% -58.87% 136.71% 39.90% -16.12% -23.68% -1.37% 412.83% -71.77%
NOPAT Q/Q Growth
16.61% 28.26% -52.59% 95.13% 36.94% -15.73% -19.95% -8.40% 83.78% 15.62%
Net Income Q/Q Growth
16.95% 29.69% 80.76% -57.32% 31.99% -20.69% -28.64% -9.76% 624.21% -73.92%
EPS Q/Q Growth
16.82% 28.80% 81.37% -57.19% 32.00% -21.21% -28.46% -9.68% 623.81% -74.01%
Operating Cash Flow Q/Q Growth
69.16% 19.27% -41.59% 0.08% 32.77% -149.65% 352.21% 33.30% 151.19% -81.52%
Free Cash Flow Firm Q/Q Growth
100.63% 14,346.16% -163.06% 232.31% -133.44% -14.07% 50.83% 16.47% 57.95% 170.20%
Invested Capital Q/Q Growth
-52.84% 6.63% 19.51% 2.20% 1.68% 7.54% 2.58% -0.03% -2.33% 0.84%
Profitability Metrics
- - - - - - - - - -
Gross Margin
44.08% 48.32% 47.26% 46.60% 45.80% 49.70% 49.66% 48.64% 64.93% 107.86%
EBITDA Margin
38.76% 42.06% 29.13% 36.91% 38.37% 37.62% 37.16% 32.43% 90.78% 35.90%
Operating Margin
22.88% 26.70% 12.14% 23.44% 27.34% 25.13% 22.75% 19.78% 28.00% 34.79%
EBIT Margin
22.74% 26.71% 12.27% 23.43% 27.33% 25.19% 22.68% 19.76% 80.77% 24.95%
Profit (Net Income) Margin
17.53% 21.67% 43.77% 15.06% 16.58% 14.45% 12.16% 9.70% 55.97% 15.98%
Tax Burden Percent
84.21% 88.72% 567.31% 81.29% 72.71% 73.28% 76.43% 71.15% 73.62% 74.96%
Interest Burden Percent
91.54% 91.46% 62.86% 79.09% 83.43% 78.28% 70.18% 68.97% 94.13% 85.43%
Effective Tax Rate
25.30% 21.73% 8.81% 25.70% 27.29% 26.72% 23.57% 28.85% 26.38% 25.04%
Return on Invested Capital (ROIC)
7.91% 7.16% 6.62% 6.19% 11.39% 10.33% 9.14% 7.40% 11.18% 13.94%
ROIC Less NNEP Spread (ROIC-NNEP)
8.09% 7.29% 22.93% 5.79% 9.91% 8.90% 7.79% 6.13% 26.04% 10.30%
Return on Net Nonoperating Assets (RNNOA)
4.76% 10.32% 9.42% 8.67% 6.37% 6.29% 6.29% 4.86% 16.49% 6.76%
Return on Equity (ROE)
12.68% 17.48% 16.05% 14.86% 17.77% 16.62% 15.42% 12.26% 27.68% 20.70%
Cash Return on Invested Capital (CROIC)
6.59% 69.24% -59.49% 53.74% -17.81% -19.15% -3.99% -2.21% 2.25% 9.60%
Operating Return on Assets (OROA)
7.56% 10.28% 4.52% 9.04% 11.36% 10.68% 8.98% 7.73% 32.47% 10.11%
Return on Assets (ROA)
5.83% 8.34% 16.11% 5.81% 6.89% 6.12% 4.81% 3.79% 22.50% 6.48%
Return on Common Equity (ROCE)
12.68% 17.48% 16.05% 14.86% 17.77% 16.62% 15.42% 12.26% 27.68% 20.70%
Return on Equity Simple (ROE_SIMPLE)
13.45% 0.00% 19.55% 19.58% 20.00% 0.00% 13.34% 12.14% 20.55% 0.00%
Net Operating Profit after Tax (NOPAT)
30 38 18 35 48 41 33 30 55 64
NOPAT Margin
17.09% 20.90% 11.07% 17.41% 19.88% 18.41% 17.39% 14.07% 20.61% 26.08%
Net Nonoperating Expense Percent (NNEP)
-0.18% -0.13% -16.31% 0.39% 1.49% 1.43% 1.35% 1.28% -14.85% 3.64%
Return On Investment Capital (ROIC_SIMPLE)
- 3.14% - - - 2.40% - - - 3.71%
Cost of Revenue to Revenue
55.92% 51.68% 52.74% 53.40% 54.20% 50.30% 50.34% 51.36% 53.52% 52.92%
SG&A Expenses to Revenue
21.20% 21.62% 35.12% 23.16% 19.92% 24.60% 31.85% 28.86% 18.48% 12.29%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
21.20% 21.62% 35.12% 23.16% 18.46% 24.57% 26.91% 28.86% 36.94% 73.07%
Earnings before Interest and Taxes (EBIT)
40 49 20 48 67 56 43 42 215 61
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
68 77 48 75 93 83 70 69 242 88
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.55 2.88 2.58 2.51 2.64 3.07 3.18 2.73 2.35 2.43
Price to Tangible Book Value (P/TBV)
3.29 3.49 4.74 4.52 4.62 5.25 5.37 4.56 3.60 3.67
Price to Revenue (P/Rev)
3.60 3.64 3.28 3.06 3.03 3.45 3.50 3.01 2.90 3.00
Price to Earnings (P/E)
18.95 20.08 13.18 12.84 13.18 16.43 23.81 22.48 11.45 11.80
Dividend Yield
2.20% 1.90% 2.00% 2.02% 1.88% 1.58% 1.52% 1.76% 1.79% 1.70%
Earnings Yield
5.28% 4.98% 7.59% 7.79% 7.59% 6.09% 4.20% 4.45% 8.74% 8.47%
Enterprise Value to Invested Capital (EV/IC)
2.00 2.15 1.89 1.86 1.95 2.14 2.18 1.95 1.87 1.94
Enterprise Value to Revenue (EV/Rev)
4.37 4.29 4.26 3.98 3.87 4.36 4.43 3.92 3.58 3.65
Enterprise Value to EBITDA (EV/EBITDA)
9.79 10.55 11.36 10.80 10.47 12.13 11.80 10.74 6.85 7.10
Enterprise Value to EBIT (EV/EBIT)
17.97 18.55 20.29 18.47 16.76 19.11 17.85 16.38 8.93 9.21
Enterprise Value to NOPAT (EV/NOPAT)
24.05 24.12 25.90 23.87 21.99 25.57 24.15 22.34 20.07 18.42
Enterprise Value to Operating Cash Flow (EV/OCF)
12.39 14.02 16.10 15.69 17.04 38.08 31.86 20.86 10.12 8.88
Enterprise Value to Free Cash Flow (EV/FCFF)
30.67 2.12 0.00 2.63 0.00 0.00 0.00 0.00 86.21 20.32
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.54 0.51 0.77 0.76 0.73 0.82 0.85 0.83 0.56 0.53
Long-Term Debt to Equity
0.54 0.51 0.77 0.76 0.73 0.82 0.85 0.83 0.56 0.53
Financial Leverage
0.59 1.42 0.41 1.50 0.64 0.71 0.81 0.79 0.63 0.66
Leverage Ratio
2.21 2.15 2.29 2.30 2.26 2.26 2.40 2.41 2.21 2.19
Compound Leverage Factor
2.03 1.97 1.44 1.82 1.89 1.77 1.68 1.66 2.08 1.87
Debt to Total Capital
35.17% 33.98% 43.39% 43.31% 42.28% 44.97% 45.85% 45.43% 35.74% 34.44%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
35.17% 33.98% 43.39% 43.31% 42.28% 44.97% 45.85% 45.43% 35.74% 34.44%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
64.83% 66.02% 56.61% 56.69% 57.72% 55.03% 54.15% 54.57% 64.26% 65.56%
Debt to EBITDA
1.72 1.60 2.60 2.52 2.28 2.55 2.48 2.52 1.31 1.26
Net Debt to EBITDA
1.71 1.60 2.60 2.51 2.27 2.55 2.48 2.49 1.30 1.26
Long-Term Debt to EBITDA
1.72 1.60 2.60 2.52 2.28 2.55 2.48 2.52 1.31 1.26
Debt to NOPAT
4.23 3.66 5.94 5.57 4.78 5.37 5.08 5.24 3.84 3.27
Net Debt to NOPAT
4.21 3.65 5.93 5.55 4.77 5.37 5.07 5.17 3.82 3.27
Long-Term Debt to NOPAT
4.23 3.66 5.94 5.57 4.78 5.37 5.08 5.24 3.84 3.27
Altman Z-Score
2.28 2.54 1.94 1.98 2.16 2.35 2.34 2.10 2.60 2.54
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.07 0.84 0.81 0.85 0.93 1.19 1.16 1.06 1.03 1.11
Quick Ratio
0.78 0.60 0.56 0.59 0.69 0.82 0.78 0.72 0.74 0.78
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
8.38 1,210 -763 1,010 -338 -385 -189 -158 -67 47
Operating Cash Flow to CapEx
297.79% 51.59% 42.22% 65.30% 99.15% -30.68% 64.82% 110.70% 713.94% 130.79%
Free Cash Flow to Firm to Interest Expense
2.50 290.02 -102.25 101.54 -30.63 -31.77 -14.91 -12.13 -5.26 5.27
Operating Cash Flow to Interest Expense
15.28 14.65 4.78 3.59 4.30 -1.94 4.68 6.08 15.74 4.15
Operating Cash Flow Less CapEx to Interest Expense
10.15 -13.75 -6.55 -1.91 -0.04 -8.28 -2.54 0.59 13.54 0.98
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.33 0.38 0.37 0.39 0.42 0.42 0.40 0.39 0.40 0.41
Accounts Receivable Turnover
3.05 3.86 4.10 4.03 3.83 4.19 4.40 4.23 3.96 4.08
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 31.99
Fixed Asset Turnover
0.51 0.62 0.54 0.61 0.66 0.72 0.65 0.64 0.66 0.67
Accounts Payable Turnover
2.34 2.40 0.93 2.16 2.23 4.17 3.23 3.06 3.06 8.00
Days Sales Outstanding (DSO)
119.83 94.58 88.92 90.50 95.31 87.17 82.93 86.25 92.15 89.49
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.41
Days Payable Outstanding (DPO)
155.74 151.89 391.19 168.60 163.73 87.44 113.00 119.47 119.24 45.61
Cash Conversion Cycle (CCC)
-35.91 -57.31 -302.26 -78.11 -68.42 -0.28 -30.07 -33.22 -27.09 55.29
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,191 1,270 1,518 1,551 1,577 1,696 1,740 1,739 1,699 1,713
Invested Capital Turnover
0.46 0.34 0.60 0.36 0.57 0.56 0.53 0.53 0.54 0.53
Increase / (Decrease) in Invested Capital
21 -1,172 781 -974 386 426 222 188 122 17
Enterprise Value (EV)
2,387 2,725 2,873 2,884 3,068 3,631 3,793 3,390 3,178 3,324
Market Capitalization
1,970 2,313 2,215 2,214 2,402 2,869 2,996 2,605 2,573 2,734
Book Value per Share
$31.71 $32.97 $35.24 $35.98 $37.22 $38.13 $38.47 $38.87 $44.56 $45.76
Tangible Book Value per Share
$24.54 $27.16 $19.17 $20.00 $21.24 $22.29 $22.75 $23.28 $29.08 $30.38
Total Capital
1,193 1,218 1,518 1,553 1,579 1,697 1,742 1,749 1,703 1,714
Total Debt
419 414 659 673 668 763 799 794 609 590
Total Long-Term Debt
419 414 659 673 668 763 799 794 609 590
Net Debt
418 413 658 670 666 762 797 785 605 589
Capital Expenditures (CapEx)
17 119 85 55 48 77 92 72 28 28
Debt-free, Cash-free Net Working Capital (DFCFNWC)
15 -47 -62 -52 -23 51 43 10 4.66 30
Debt-free Net Working Capital (DFNWC)
17 -46 -61 -50 -21 52 45 20 8.71 31
Net Working Capital (NWC)
17 -46 -61 -50 -21 52 45 20 8.71 31
Net Nonoperating Expense (NNE)
-0.77 -1.42 -54 4.77 8.05 8.78 9.81 9.30 -94 25
Net Nonoperating Obligations (NNO)
418 466 658 670 666 762 797 785 605 589
Total Depreciation and Amortization (D&A)
28 28 28 27 27 28 27 27 27 27
Debt-free, Cash-free Net Working Capital to Revenue
2.77% -7.40% -9.20% -7.25% -2.95% 6.16% 5.02% 1.21% 0.52% 3.32%
Debt-free Net Working Capital to Revenue
3.06% -7.25% -9.10% -6.95% -2.71% 6.26% 5.24% 2.29% 0.98% 3.41%
Net Working Capital to Revenue
3.06% -7.25% -9.10% -6.95% -2.71% 6.26% 5.24% 2.29% 0.98% 3.41%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.25 $1.64 $2.93 $1.25 $1.65 $1.31 $0.93 $0.84 $6.08 $1.59
Adjusted Weighted Average Basic Shares Outstanding
24.38M 24.35M 24.42M 24.48M 24.49M 24.47M 24.51M 24.55M 24.55M 24.54M
Adjusted Diluted Earnings per Share
$1.25 $1.61 $2.92 $1.25 $1.65 $1.30 $0.93 $0.84 $6.08 $1.58
Adjusted Weighted Average Diluted Shares Outstanding
24.50M 24.52M 24.54M 24.51M 24.53M 24.53M 24.56M 24.56M 24.57M 24.57M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
24.38M 24.39M 24.48M 24.48M 24.49M 24.50M 24.55M 24.55M 24.55M 24.55M
Normalized Net Operating Profit after Tax (NOPAT)
30 38 18 35 48 41 33 30 55 64
Normalized NOPAT Margin
17.09% 20.90% 11.07% 17.41% 19.88% 18.41% 17.39% 14.07% 20.61% 26.08%
Pre Tax Income Margin
20.82% 24.43% 7.72% 18.53% 22.80% 19.72% 15.92% 13.63% 76.03% 21.32%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
11.82 11.71 2.69 4.78 6.04 4.60 3.35 3.22 17.04 6.86
NOPAT to Interest Expense
8.88 9.16 2.43 3.56 4.39 3.36 2.57 2.29 4.35 7.18
EBIT Less CapEx to Interest Expense
6.69 -16.69 -8.64 -0.72 1.69 -1.73 -3.86 -2.27 14.84 3.69
NOPAT Less CapEx to Interest Expense
3.75 -19.24 -8.91 -1.95 0.05 -2.97 -4.64 -3.19 2.14 4.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
42.06% 38.45% 26.58% 26.08% 24.84% 26.09% 36.51% 39.89% 20.68% 20.18%
Augmented Payout Ratio
42.06% 38.45% 26.58% 26.08% 24.84% 26.09% 36.51% 39.89% 20.68% 20.18%

Frequently Asked Questions About McGrath RentCorp's Financials

When does McGrath RentCorp's fiscal year end?

According to the most recent income statement we have on file, McGrath RentCorp's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has McGrath RentCorp's net income changed over the last 9 years?

McGrath RentCorp's net income appears to be on an upward trend, with a most recent value of $231.73 million in 2024, rising from $40.47 million in 2015. The previous period was $174.62 million in 2023.

What is McGrath RentCorp's operating income?
McGrath RentCorp's total operating income in 2024 was $244.26 million, based on the following breakdown:
  • Total Gross Profit: $632.80 million
  • Total Operating Expenses: $388.53 million
How has McGrath RentCorp revenue changed over the last 9 years?

Over the last 9 years, McGrath RentCorp's total revenue changed from $404.54 million in 2015 to $910.94 million in 2024, a change of 125.2%.

How much debt does McGrath RentCorp have?

McGrath RentCorp's total liabilities were at $1.15 billion at the end of 2024, a 10.1% decrease from 2023, and a 49.3% increase since 2015.

How much cash does McGrath RentCorp have?

In the past 9 years, McGrath RentCorp's cash and equivalents has ranged from $0.00 in 2015 to $2.34 million in 2019, and is currently $807 thousand as of their latest financial filing in 2024.

How has McGrath RentCorp's book value per share changed over the last 9 years?

Over the last 9 years, McGrath RentCorp's book value per share changed from 15.90 in 2015 to 45.76 in 2024, a change of 187.8%.

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This page (NASDAQ:MGRC) was last updated on 4/15/2025 by MarketBeat.com Staff
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