Mcgrath Rentcorp financial data

Symbol
MGRC on Nasdaq
Industry
Services-Equipment Rental & Leasing, NEC
Location
5700 Las Positas Rd, Livermore, CA
State of incorporation
California
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 139 % +8.58%
Return On Equity 12.4 % -40.4%
Return On Assets 5.19 % -43.2%
Operating Margin 23.9 % +10.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24.6M shares +0.27%
Common Stock, Shares, Outstanding 24.6M shares +0.27%
Common Stock, Value, Issued 112M USD +3.94%
Weighted Average Number of Shares Outstanding, Basic 24.5M shares +0.29%
Weighted Average Number of Shares Outstanding, Diluted 24.6M shares +0.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 866M USD +19.6%
Revenue from Contract with Customer, Excluding Assessed Tax 16.8M USD +8.91%
Cost of Revenue 447M USD +15.6%
Operating Income (Loss) 207M USD +32.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 158M USD +20.5%
Income Tax Expense (Benefit) 42.2M USD +42.3%
Net Income (Loss) Attributable to Parent 116M USD -32.8%
Earnings Per Share, Basic 4.73 USD/shares -33.1%
Earnings Per Share, Diluted 4.72 USD/shares -32.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.4M USD +326%
Inventory, Net 28.2M USD
Property, Plant and Equipment, Net 169M USD +21.9%
Operating Lease, Right-of-Use Asset 14.8M USD +27.6%
Intangible Assets, Net (Excluding Goodwill) 59.5M USD -9.38%
Goodwill 323M USD -0.66%
Assets 2.32B USD +9.92%
Deferred Income Tax Liabilities, Net 253M USD +10.2%
Liabilities 1.36B USD +11%
Accumulated Other Comprehensive Income (Loss), Net of Tax -38K USD +28.3%
Retained Earnings (Accumulated Deficit) 843M USD +8.98%
Stockholders' Equity Attributable to Parent 954M USD +8.37%
Liabilities and Equity 2.32B USD +9.92%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 59.4M USD +66.4%
Net Cash Provided by (Used in) Financing Activities 19.7M USD -91.3%
Net Cash Provided by (Used in) Investing Activities -78.1M USD +70.4%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 24.6M shares +0.27%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.04M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 14.2M USD +81.5%
Deferred Tax Assets, Valuation Allowance 200K USD 0%
Operating Lease, Liability 14.8M USD +27.4%
Payments to Acquire Property, Plant, and Equipment 25.3M USD +269%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 116M USD -32.8%
Lessee, Operating Lease, Liability, to be Paid 16M USD +32%
Property, Plant and Equipment, Gross 242M USD +8.75%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.94M USD +36.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.86M USD +37.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +25.8%
Deferred Income Tax Expense (Benefit) -3.68M USD -12.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.27M USD +127%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.28M USD -2.48%
Deferred Tax Assets, Operating Loss Carryforwards 28.7M USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 575K USD -49.5%
Amortization of Intangible Assets 2.6M USD +13%
Depreciation, Depletion and Amortization 27.2M USD -1.46%
Deferred Tax Assets, Net of Valuation Allowance 51.3M USD +164%