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MGRC

McGrath RentCorp

$90.76

Earnings Summary

Revenue
$200.54Mn
Net Profits
$30.57Mn
Net Profit Margins
15.24%

Highlights

Revenue:

McGrath RentCorp’s revenue jumped 15.72% since last year same period to $200.54Mn in the Q3 2022. On a quarterly growth basis, McGrath RentCorp has generated 13.28% jump in its revenue since last 3-months.

Net Profits:

McGrath RentCorp’s net profit jumped 31.46% since last year same period to $30.57Mn in the Q3 2022. On a quarterly growth basis, McGrath RentCorp has generated 16.95% jump in its net profits since last 3-months.

Net Profit Margins:

McGrath RentCorp’s net profit margin jumped 13.6% since last year same period to 15.24% in the Q3 2022. On a quarterly growth basis, McGrath RentCorp has generated 3.24% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the McGrath RentCorp post its latest quarter earnings

EPS Estimate Current Quarter
1.38
EPS Estimate Current Year
1.38

Highlights

EPS Estimate Current Quarter:

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.

EPS Estimate Current Year:

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

Key Ratios

Key ratios of the McGrath RentCorp post its Q4 2022 earnings

Return on Assets (ROA)
0.06
Return on Equity (ROE)
0.15
Dividend Per Share (DPS)
0.46

Highlights

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.15.

Dividend Per Share (DPS):

McGrath RentCorp declared 0.46 dividend per share during the earnings announcement for Q4 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2016-02-25
0.51
0.48
-5.88%
2015-10-29
0.48
0.54
12.5%

Company Information

Founded in 1979, McGrath RentCorp is a diversified business-to-business rental company providing modular buildings, electronic test equipment, portable storage and tank containment solutions across the United States and other select North American regions. The Company's rental operations consist of four divisions: Mobile Modular rents and sells modular buildings to fulfill customers' temporary and permanent classroom and office space needs; TRS-RenTelco rents and sells electronic test equipment; Adler Tank Rentals rents and sells containment solutions for hazardous and nonhazardous liquids and solids; and Mobile Modular Portable Storage provides portable storage rental solutions.

Organisation
McGrath RentCorp
Headquarters
5700 Las Positas Road, Livermore, CA, United States, 94551-7800
Employees
1218
Industry
Finance
CEO
Dennis C Kakures