Earnings Summary

Mcgrath Rentcorp’s revenue jumped 14.69% since last year same period to $203.03Mn in the Q2 2023. On a quarterly growth basis, Mcgrath Rentcorp has generated 24.01% jump in its revenue since last 3-months.

Mcgrath Rentcorp’s net profit jumped 17.01% since last year same period to $30.58Mn in the Q2 2023. On a quarterly growth basis, Mcgrath Rentcorp has generated -57.32% fall in its net profits since last 3-months.

Mcgrath Rentcorp’s net profit margin jumped 2.02% since last year same period to 15.06% in the Q2 2023. On a quarterly growth basis, Mcgrath Rentcorp has generated -65.59% fall in its net profit margins since last 3-months.

Mcgrath Rentcorp’s earning per share (EPS) estimates for the current quarter stand at 1.38 - a 17.95% jump from last quarter’s estimates.

Mcgrath Rentcorp’s earning per share (EPS) estimates for the current year stand at 1.38.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Mcgrath Rentcorp’s return on assets (ROA) stands at 0.06.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Mcgrath Rentcorp’s return on equity (ROE) stands at 0.14.

Mcgrath Rentcorp declared 0.46 dividend per share during the earnings announcement for Q1 2023.