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 Growth | 23.4% |
| Revenue growth rate | 10.1% |
| Return on equity | 20.5% |
| Net Margin | 25.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
McGrath RentCorp's (NASDAQ:MGRC) Dividend Will Be $0.475
Sep 18
McGrath RentCorp: Still In Play, Especially If Bullish On WillScot Mobile
Jun 28WillScot Mobile - McGrath RentCorp Merger: Potential Double-Digit Returns
Jun 13WillScot's Offer Undervalues McGrath
Jan 31Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist?
Jan 03Risks To Shareholder Returns Are Elevated At These Prices For McGrath RentCorp (NASDAQ:MGRC)
Dec 19A Look At The Fair Value Of McGrath RentCorp (NASDAQ:MGRC)
Dec 06We Think McGrath RentCorp (NASDAQ:MGRC) Can Stay On Top Of Its Debt
Nov 23Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?
Aug 11Here's Why We Think McGrath RentCorp (NASDAQ:MGRC) Is Well Worth Watching
Jul 24Is McGrath RentCorp (NASDAQ:MGRC) Using Too Much Debt?
May 04Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?
Oct 13Revenue & Expenses Breakdown
How McGrath RentCorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 889 | 225 | 87 | 0 |
| 30 Jun 24 | 866 | 116 | 100 | 0 |
| 31 Mar 24 | 856 | 123 | 91 | 0 |
| 31 Dec 23 | 832 | 112 | 84 | 0 |
| 30 Sep 23 | 793 | 115 | 91 | 0 |
| 30 Jun 23 | 724 | 102 | 88 | 0 |
| 31 Mar 23 | 674 | 97 | 60 | 0 |
| 31 Dec 22 | 636 | 103 | 49 | 0 |
| 30 Sep 22 | 629 | 97 | 141 | 0 |
| 30 Jun 22 | 628 | 93 | 144 | 0 |
| 31 Mar 22 | 621 | 90 | 146 | 0 |
| 31 Dec 21 | 535 | 85 | 35 | 0 |
| 30 Sep 21 | 590 | 92 | 139 | 0 |
| 30 Jun 21 | 573 | 97 | 130 | 0 |
| 31 Mar 21 | 564 | 99 | 124 | 0 |
| 31 Dec 20 | 573 | 102 | 123 | 0 |
| 30 Sep 20 | 571 | 97 | 126 | 0 |
| 30 Jun 20 | 588 | 102 | 127 | 0 |
| 31 Mar 20 | 578 | 99 | 127 | 0 |
| 31 Dec 19 | 570 | 97 | 125 | 0 |
| 30 Sep 19 | 556 | 95 | 122 | 0 |
| 30 Jun 19 | 526 | 87 | 119 | 0 |
| 31 Mar 19 | 515 | 83 | 117 | 0 |
| 31 Dec 18 | 498 | 79 | 116 | 0 |
| 30 Sep 18 | 487 | 173 | 114 | 0 |
| 30 Jun 18 | 480 | 165 | 114 | 0 |
| 31 Mar 18 | 472 | 160 | 112 | 0 |
| 31 Dec 17 | 462 | 154 | 112 | 0 |
| 30 Sep 17 | 445 | 46 | 110 | 0 |
| 30 Jun 17 | 432 | 42 | 108 | 0 |
| 31 Mar 17 | 425 | 40 | 106 | 0 |
| 31 Dec 16 | 424 | 38 | 105 | 0 |
| 30 Sep 16 | 424 | 40 | 104 | 0 |
| 30 Jun 16 | 415 | 41 | 102 | 0 |
| 31 Mar 16 | 408 | 40 | 101 | 0 |
| 31 Dec 15 | 405 | 40 | 100 | 0 |
| 30 Sep 15 | 411 | 43 | 100 | 0 |
| 30 Jun 15 | 411 | 43 | 99 | 0 |
| 31 Mar 15 | 411 | 45 | 99 | 0 |
| 31 Dec 14 | 408 | 46 | 97 | 0 |
| 30 Sep 14 | 391 | 44 | 94 | 0 |
| 30 Jun 14 | 387 | 42 | 93 | 0 |
| 31 Mar 14 | 378 | 42 | 91 | 0 |
| 31 Dec 13 | 380 | 43 | 89 | 0 |
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 -5.4%.
Return on Equity
High ROE: MGRC's Return on Equity (20.5%) is considered high.