MGRC - McGrath RentCorp
NASDAQ
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Industrials
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Rental & Leasing Services
Livermore,
United States
Type: Equity
MGRC price evolution
MGRC
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $0.88 | $1.95 | $2.21 | $0.69 |
| Short term investments | ||||
| Net receivables | $227.37 | $224.27 | $191.68 | $177.01 |
| Inventory | ||||
| Total current assets | $307.07 | $275.85 | $258.19 | |
| Long term investments | ||||
| Property, plant & equipment | $1498.44 | $1438.35 | $1442.27 | $1411.56 |
| Goodwill & intangible assets | $387.81 | $391.25 | $390.96 | $391.85 |
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $2217.28 | $2136.67 | $2109.08 | $2061.6 |
| Current liabilities | ||||
| Accounts payable | $167.52 | $223.01 | $219.61 | $219.26 |
| Deferred revenue | $111.43 | $105.53 | $106.52 | $100.29 |
| Short long term debt | ||||
| Total current liabilities | $223.01 | $219.61 | $219.26 | |
| Long term debt | $667.64 | $672.63 | $658.78 | |
| Total noncurrent liabilities | ||||
| Total debt | $762.98 | $667.64 | $672.63 | $658.78 |
| Total liabilities | $1283.48 | $1225.3 | $1228.51 | $1202.07 |
| Shareholders' equity | ||||
| Retained earnings | $822.8 | $802.16 | $773.26 | $754.15 |
| Other shareholder equity | -$0.12 | -$0.04 | -$0.05 | -$0.1 |
| Total shareholder equity | $933.8 | $911.37 | $880.57 | $859.54 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $0.88 | $0.96 | $1.49 | $1.24 |
| Short term investments | ||||
| Net receivables | $227.37 | $190.02 | $159.5 | $123.32 |
| Inventory | ||||
| Total current assets | $262.41 | $215.94 | $124.55 | |
| Long term investments | ||||
| Property, plant & equipment | $1498.44 | $1272 | $1200.55 | $1074.33 |
| Goodwill & intangible assets | $387.81 | $173.44 | $179.44 | $35.31 |
| Total noncurrent assets | $1151.19 | |||
| Total investments | ||||
| Total assets | $2217.28 | $1707.84 | $1595.93 | $1275.74 |
| Current liabilities | ||||
| Accounts payable | $167.52 | $160.83 | $136.31 | $108.33 |
| Deferred revenue | $111.43 | $82.42 | $58.72 | $45.98 |
| Short long term debt | ||||
| Total current liabilities | $160.83 | $196.31 | $377.06 | |
| Long term debt | $413.74 | $366.45 | $182.8 | |
| Total noncurrent liabilities | $216.08 | |||
| Total debt | $762.98 | $413.74 | $426.45 | $222.75 |
| Total liabilities | $1283.48 | $903.9 | $863.9 | $593.14 |
| Shareholders' equity | ||||
| Retained earnings | $822.8 | $693.94 | $623.47 | $576.42 |
| Other shareholder equity | -$0.12 | -$0.08 | -$0.05 | -$0.1 |
| Total shareholder equity | $933.8 | $803.95 | $732.02 | $682.6 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $221.59 | $243.51 | $203.03 | $163.72 |
| Cost of revenue | $111.47 | $131.97 | $108.42 | $86.35 |
| Gross Profit | $110.12 | $111.53 | $94.61 | $77.37 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $54.51 | $48.51 | $47.03 | $57.5 |
| Total operating expenses | $54.45 | $44.95 | $47.03 | $57.5 |
| Operating income | $55.67 | $66.58 | $47.58 | $19.87 |
| Income from continuing operations | ||||
| EBIT | $55.82 | $66.54 | $50.2 | $80.23 |
| Income tax expense | $11.68 | $15.15 | $9.67 | $1.11 |
| Interest expense | $12.13 | $11.03 | $9.95 | $7.46 |
| Net income | ||||
| Net income | $32.02 | $40.37 | $30.58 | $71.66 |
| Income (for common shares) | $32.02 | $40.37 | $30.58 | $71.66 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $831.84 | $733.82 | $616.83 | $572.55 |
| Cost of revenue | $438.21 | $396.92 | $335.81 | $308.81 |
| Gross Profit | $393.63 | $336.91 | $281.02 | $263.75 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $207.54 | $171.34 | $148.6 | $122.99 |
| Total operating expenses | $203.92 | $171.34 | $148.6 | $122.99 |
| Operating income | $189.71 | $165.57 | $132.42 | $140.75 |
| Income from continuing operations | ||||
| EBIT | $252.79 | $165.19 | $132.21 | $140.83 |
| Income tax expense | $37.61 | $34.88 | $32.05 | $30.06 |
| Interest expense | $40.56 | $15.17 | $10.46 | $8.79 |
| Net income | ||||
| Net income | $174.62 | $115.14 | $89.7 | $101.98 |
| Income (for common shares) | $174.62 | $115.14 | $89.7 | $101.98 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $32.02 | $40.37 | $30.58 | $71.66 |
| Operating activities | ||||
| Depreciation | $27.53 | $26.88 | $27.37 | $27.59 |
| Business acquisitions & disposals | -$0.29 | -$5.48 | $2.84 | -$191.14 |
| Stock-based compensation | $3 | $1.89 | $1.89 | $1.49 |
| Total cash flows from operations | -$23.56 | $47.45 | $35.74 | $35.71 |
| Investing activities | ||||
| Capital expenditures | -$60.03 | -$25.86 | -$39.52 | -$72.39 |
| Investments | ||||
| Total cash flows from investing | -$60.32 | -$31.34 | -$36.68 | -$263.53 |
| Financing activities | ||||
| Dividends paid | -$11.39 | -$11.39 | -$11.38 | -$11.4 |
| Sale and purchase of stock | ||||
| Net borrowings | $95.33 | -$4.99 | $13.85 | $245.03 |
| Total cash flows from financing | $82.81 | -$16.38 | $2.46 | $227.55 |
| Effect of exchange rate | $0.01 | -$0 | $0 | |
| Change in cash and equivalents | -$1.07 | -$0.26 | $1.51 | -$0.27 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $174.62 | $115.14 | $89.7 | $101.98 |
| Operating activities | ||||
| Depreciation | $109.38 | $111.34 | $106.69 | $94.64 |
| Business acquisitions & disposals | -$194.07 | -$289.71 | ||
| Stock-based compensation | $8.28 | $8.01 | $7.67 | $5.55 |
| Total cash flows from operations | $95.34 | $194.43 | $195.74 | $180.5 |
| Investing activities | ||||
| Capital expenditures | -$197.8 | -$131.43 | -$59.49 | -$53 |
| Investments | ||||
| Total cash flows from investing | -$391.87 | -$131.43 | -$351.7 | -$53 |
| Financing activities | ||||
| Dividends paid | -$45.56 | -$44.27 | -$42.18 | -$39.77 |
| Sale and purchase of stock | -$13.62 | |||
| Net borrowings | $349.23 | -$12.72 | $203.73 | -$70.69 |
| Total cash flows from financing | $296.44 | -$63.53 | $156.2 | -$128.45 |
| Effect of exchange rate | $0.01 | -$0.01 | $0 | -$0.16 |
| Change in cash and equivalents | -$0.08 | -$0.53 | $0.25 | -$1.1 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $831.84M |
|---|---|
| EBITDA | $362.17M |
| EBIT | $252.79M |
| Net Income | $174.62M |
| Revenue Q/Q | 5.08% |
| Revenue Y/Y | 13.36% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | 8.19% |
| ROE | 19.48% |
| Debt/Equity | 1.37 |
|---|---|
| Net debt/EBITDA | 3.54 |
| Current ratio | N/A |
| Quick ratio | N/A |