Earnings Summary

Mcgrath Rentcorp’s revenue jumped 14.73% since last year same period to $187.83Mn in the Q1 2024. On a quarterly growth basis, Mcgrath Rentcorp has generated -15.24% fall in its revenue since last 3-months.

Mcgrath Rentcorp’s net profit jumped 98.37% since last year same period to $22.85Mn in the Q1 2024. On a quarterly growth basis, Mcgrath Rentcorp has generated -28.64% fall in its net profits since last 3-months.

Mcgrath Rentcorp’s net profit margin jumped 72.91% since last year same period to 12.16% in the Q1 2024. On a quarterly growth basis, Mcgrath Rentcorp has generated -15.81% fall in its net profit margins since last 3-months.

Mcgrath Rentcorp’s price-to-earnings ratio after this Q1 2024 earnings stands at 22.24.

Mcgrath Rentcorp’s earning per share (EPS) estimates for the current quarter stand at 1.25 - a 71.23% jump from last quarter’s estimates.

Mcgrath Rentcorp’s earning per share (EPS) estimates for the current year stand at 1.25.

Mcgrath Rentcorp’s earning per share (EPS) fell -81.51% since last year same period to 0.54 in the Q1 2024. This indicates that the Mcgrath Rentcorp has generated -81.51% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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 0.47 dividend per share during the earnings announcement for Q1 2024.