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Mcgrath Rentcorp  (NASDAQ: MGRC)
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services
 
Price: $111.5900 $1.69 1.538%
Day's High: $111.58999633789062 Week Perf: -0.76 %
Day's Low: $ 108.90 30 Day Perf: -8.34 %
Volume (M): 84,600 52 Wk High: $ 126.42
Volume (M$): $ 0 52 Wk Avg: $112.81
Open: $108.90 52 Wk Low: $94.99



 Market Capitalization (Millions $) 2,733
 Shares Outstanding (Millions) 24
 Employees 1,306
 Revenues (TTM) (Millions $) 933
 Net Income (TTM) (Millions $) 153
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 259

Business Description


McGrath RentCorp is a leading provider of rental solutions in various industries, including education, government, manufacturing, construction, and more. The company offers modular buildings, portable storage units, electronic test equipment, and liquid and solid containment tanks for rent or sale.

The company was founded in 1979 and is headquartered in Livermore, California. It operates in three main segments: Mobile Modular, TRS-RenTelco, and Adler Tanks.

Mobile Modular offers modular buildings for rent or sale, including classrooms, offices, healthcare units, and more. These buildings are customizable and can be built to specific client needs. The company also provides installation and transportation services.

TRS-RenTelco offers electronic test equipment for rent or sale, including oscilloscopes, spectrum analyzers, and signal generators. The company also provides calibration and repair services for clients.

Adler Tanks provides liquid and solid containment tanks for rent or sale, including frac tanks, roll-off containers, and berms. The tanks are used in various industries, including oil and gas, environmental remediation, and industrial wastewater treatment.

McGrath RentCorp has a strong presence in North America with over 100 locations across the United States and Canada. The company has a highly experienced team of professionals, and their services are backed by a strong customer support team.

The company has grown significantly over the years, expanding its product offerings, services, and geographical reach. It has been recognized as one of the fastest-growing companies in America by Inc. Magazine, and it has been consistently ranked among the top rental companies by industry publications.

Overall, McGrath RentCorp is a highly reputable rental solutions provider that offers a broad range of products and services to a diverse set of industries. It is committed to delivering high-quality products, outstanding customer service, and value to its clients.


   Company Address: 5700 Las Positas Road Livermore 94551 CA
   Company Phone Number: 606-9200   Stock Exchange / Ticker: NASDAQ MGRC


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
HRI   -6.43%    
AHT   -3.38%    
FAST   -0.36%    
• View Complete Report
   



Dividend

McGrath RentCorp Announces Quarterly Dividend: Will Shareholders See an Increase Soon

Published Fri, Jun 7 2024 12:48 AM UTC

McGrath RentCorp Declares Quarterly Dividend for 33rd Consecutive Year: Will Dividend Increases Soon Follow?
McGrath RentCorp (MGRC), a leading business-to-business rental company in North America, recently announced the declaration of a quarterly cash dividend of $0.475 per common share for the quarter ended June 30, 2024. This marks the 33rd consecutive year that McGr...

Dividend

McGrath RentCorp Declares Quarterly Dividend of $0475 per Share, Marking 33rd Consecutive Year of Dividend IncreasesMcGrath RentCorp (Nasdaq: MGRC) has announced the declaration of a quarterly cash dividend of $0475 per common share for the quarter ended June 30, 2024 This marks the 33rd consecutive year that McGrath RentCorp has raised its dividend to shareholders, demonstrating the company's commitment to providing value to its investors

Published Thu, Jun 6 2024 12:48 AM UTC

McGrath RentCorp Declares Quarterly Dividend of $0.475 per Share, Marking 33rd Consecutive Year of Dividend Increases
McGrath RentCorp (Nasdaq: MGRC) has announced the declaration of a quarterly cash dividend of $0.475 per common share for the quarter ended June 30, 2024. This marks the 33rd consecutive year that McGrath RentCorp has raised its dividend to shareholders, ...

Dividend

McGrath RentCorp: Delivering Consistent Dividend Growth and Financial Stability

Published Wed, Jun 5 2024 8:48 PM UTC

McGrath RentCorp Declares Quarterly Dividend: 33 Years of Consistent Dividend Growth
As of the writing of this article, McGrath RentCorp (MGRC) has announced the declaration of a quarterly cash dividend of $0.475 per common share for the quarter ended June 30, 2024. This marks the 33rd consecutive year that McGrath RentCorp has raised its dividend to shareholders, showc...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 17.98
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 2.93
Price to Sales (Expected) -
Price to Book 2.19
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.01
Working Capital Ratio 0.75
Leverage Ratio (MRQ) 1.01
Total Debt to Equity 0.47
Interest Coverage (TTM) -
Debt Coverage (TTM) 0.55

Per Share Current
Earnings (TTM) 6.21 $
Revenues (TTM) 38.09 $
Cash Flow (TTM) 0.04 $
Cash 0.18 $
Book Value 50.85 $
Dividend (TTM) 1.96 $

Efficiency Current
Revenue per Employee (TTM) 714,286
Net Income per Employee (TTM) 117,022
Receivable Turnover Ratio (TTM) 3.99
Inventory Turnover Ratio (TTM) 40.21
Asset Turnover Ratio (TTM) 0.33

Profitability Ratios Current
Gross Margin (MRQ) 48.8 %
Operating Margin (MRQ) 24.1 %
Net Margin (MRQ) 15.23 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 26.95 %

Management Effectiveness Current
Return On Assets (TTM) 5.43 %
Return On Investment (TTM) 7.3 %
Return On Equity (TTM) 12.44 %
Dividend Yield 1.79 %
Pay out Ratio (TTM) 31.59 %



Mcgrath Rentcorp's Segments
Product    4.99 % of total Revenue
Portable Storage Non-lease Revenues    2.05 % of total Revenue
Mobile Modular    1.31 % of total Revenue
Portable Storage    10.08 % of total Revenue
Trs Ren Telco    36.75 % of total Revenue
TRS-RenTelco Sales    3.67 % of total Revenue
Non Lease Sales    35.88 % of total Revenue
Other TRS-RenTelco    0.42 % of total Revenue
Non Lease Revenues    46.37 % of total Revenue
Member    189.79 % of total Revenue





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