McGrath RentCorp logo

MGRC

McGrath RentCorp

$91.56

Earnings Summary

Q4 FY2022-2023Q3 FY2022-2023Q2 FY2022-2023Q1 FY2022-2023Q4 FY2021-2022Q3 FY2021-2022Q2 FY2021-2022Q1 FY2021-2022Q4 FY2020-2021Q3 FY2020-2021Q2 FY2020-2021Q1 FY2020-2021Q4 FY2019-2020Q3 FY2019-2020Q2 FY2019-2020Q1 FY2019-2020Q4 FY2018-2019Q3 FY2018-2019Q2 FY2018-2019Q1 FY2018-2019Q4 FY2017-2018Q3 FY2017-2018Q2 FY2017-2018Q1 FY2017-2018Q4 FY2016-2017Q3 FY2016-2017
Revenue
$145.37Mn
Net Profits
$18.79Mn
Net Profit Margins
12.93%

Highlights

Revenue:

McGrath RentCorp’s revenue jumped 19.95% since last year same period to $145.37Mn in the Q1 2022. On a quarterly growth basis, McGrath RentCorp has generated -17.36% fall in its revenue since last 3-months.

Net Profits:

McGrath RentCorp’s net profit jumped 8.02% since last year same period to $18.79Mn in the Q1 2022. On a quarterly growth basis, McGrath RentCorp has generated -33.94% fall in its net profits since last 3-months.

Net Profit Margins:

McGrath RentCorp’s net profit margin fell -9.95% since last year same period to 12.93% in the Q1 2022. On a quarterly growth basis, McGrath RentCorp has generated -20.06% fall 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

20222021202020192018201720162015
Earnings DateEstimated EPSReported EPSSurprise %
2019-10-29
1.03
1.32
28.16%
2019-04-30
0.64
0.75
17.19%
2020-02-25
0.94
1.07
13.83%
2019-07-30
0.72
0.79
9.72%

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