McGrath RentCorp

NasdaqGS:MGRC Stock Report

Market Cap: US$2.7b

McGrath RentCorp Past Earnings Performance

Past criteria checks 5/6

McGrath RentCorp has been growing earnings at an average annual rate of 9.1%, while the Trade Distributors industry saw earnings growing at 23% annually. Revenues have been growing at an average rate of 10.1% per year. McGrath RentCorp's return on equity is 20.5%, and it has net margins of 25.3%.

Key information

9.1%

Earnings growth rate

8.8%

EPS growth rate

Trade Distributors Industry Growth23.4%
Revenue growth rate10.1%
Return on equity20.5%
Net Margin25.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

McGrath RentCorp: Modular Segment Should Lead Growth Ahead

Dec 31

McGrath RentCorp's (NASDAQ:MGRC) Dividend Will Be $0.475

Sep 18
McGrath RentCorp's (NASDAQ:MGRC) Dividend Will Be $0.475

McGrath RentCorp: Still In Play, Especially If Bullish On WillScot Mobile

Jun 28

WillScot Mobile - McGrath RentCorp Merger: Potential Double-Digit Returns

Jun 13

WillScot's Offer Undervalues McGrath

Jan 31

Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist?

Jan 03
Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist?

Risks To Shareholder Returns Are Elevated At These Prices For McGrath RentCorp (NASDAQ:MGRC)

Dec 19
Risks To Shareholder Returns Are Elevated At These Prices For McGrath RentCorp (NASDAQ:MGRC)

A Look At The Fair Value Of McGrath RentCorp (NASDAQ:MGRC)

Dec 06
A Look At The Fair Value Of McGrath RentCorp (NASDAQ:MGRC)

We Think McGrath RentCorp (NASDAQ:MGRC) Can Stay On Top Of Its Debt

Nov 23
We Think McGrath RentCorp (NASDAQ:MGRC) Can Stay On Top Of Its Debt

Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?

Aug 11
Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?

Here's Why We Think McGrath RentCorp (NASDAQ:MGRC) Is Well Worth Watching

Jul 24
Here's Why We Think McGrath RentCorp (NASDAQ:MGRC) Is Well Worth Watching

Is McGrath RentCorp (NASDAQ:MGRC) Using Too Much Debt?

May 04
Is McGrath RentCorp (NASDAQ:MGRC) Using Too Much Debt?

Revenue & Expenses Breakdown

How McGrath RentCorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:MGRC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24889225870
30 Jun 248661161000
31 Mar 24856123910
31 Dec 23832112840
30 Sep 23793115910
30 Jun 23724102880
31 Mar 2367497600
31 Dec 22636103490
30 Sep 22629971410
30 Jun 22628931440
31 Mar 22621901460
31 Dec 2153585350
30 Sep 21590921390
30 Jun 21573971300
31 Mar 21564991240
31 Dec 205731021230
30 Sep 20571971260
30 Jun 205881021270
31 Mar 20578991270
31 Dec 19570971250
30 Sep 19556951220
30 Jun 19526871190
31 Mar 19515831170
31 Dec 18498791160
30 Sep 184871731140
30 Jun 184801651140
31 Mar 184721601120
31 Dec 174621541120
30 Sep 17445461100
30 Jun 17432421080
31 Mar 17425401060
31 Dec 16424381050
30 Sep 16424401040
30 Jun 16415411020
31 Mar 16408401010
31 Dec 15405401000
30 Sep 15411431000
30 Jun 1541143990
31 Mar 1541145990
31 Dec 1440846970
30 Sep 1439144940
30 Jun 1438742930
31 Mar 1437842910

Quality Earnings: MGRC has a large one-off gain of $119.7M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: MGRC's current net profit margins (25.3%) are higher than last year (14.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MGRC's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: MGRC's earnings growth over the past year (95.8%) exceeds its 5-year average (9.1% per year).

Earnings vs Industry: MGRC earnings growth over the past year (95.8%) exceeded the Trade Distributors industry -6.2%.

Return on Equity

High ROE: MGRC's Return on Equity (20.5%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:46
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

McGrath RentCorp is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel EnglandBerenberg
Daniel MooreCJS Securities, Inc.
Joe BoxKeyBanc Capital Markets Inc.