McGrath RentCorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	921.74	900.72	819.66	632.35	531.5	568.79
Other Revenue	9.48	10.23	12.18	3.32	3.09	3.77
Revenue	931.22	910.94	831.84	635.67	534.59	572.55
Revenue Growth (YoY)	4.78%	9.51%	30.86%	18.91%	-6.63%	0.41%
Cost of Revenue	490.06	475.53	438.21	345.46	287.27	308.81
Gross Profit	441.16	435.42	393.63	290.21	247.32	263.75
Selling, General & Admin	99.27	91.08	81.14	48.62	34.59	121.69
Operating Expenses	208.62	200.43	191.66	142.91	123.06	122.99
Operating Income	232.54	234.98	201.97	147.29	124.26	140.75
Interest Expense	-32.99	-47.24	-40.56	-12.23	-8.24	-8.79
Currency Exchange Gain (Loss)	-0.21	-0.22	0.31	-0.38	-0.21	0.08
EBT Excluding Unusual Items	199.34	187.53	161.72	134.69	115.81	132.04
Merger & Restructuring Charges	-2	-63.16	-15.88	-	-	-
Gain (Loss) on Sale of Assets	-	9.28	3.62	-	-	-
Other Unusual Items	-	180	-	-	-	-
Pretax Income	197.34	313.65	149.46	134.69	115.81	132.04
Income Tax Expense	51.91	81.92	37.61	31.38	30.73	30.06
Earnings From Continuing Operations	145.43	231.73	111.85	103.31	85.09	101.98
Earnings From Discontinued Operations	-	-	62.77	11.83	4.62	-
Net Income	145.43	231.73	174.62	115.14	89.71	101.98
Net Income to Common	145.43	231.73	174.62	115.14	89.71	101.98
Net Income Growth	-35.31%	32.70%	51.66%	28.35%	-12.04%	5.35%
Shares Outstanding (Basic)	25	25	24	24	24	24
Shares Outstanding (Diluted)	25	25	25	25	25	25
Shares Change (YoY)	0.25%	0.17%	0.04%	0.02%	-0.07%	-0.37%
EPS (Basic)	5.92	9.44	7.14	4.73	3.70	4.22
EPS (Diluted)	5.90	9.43	7.12	4.69	3.66	4.16
EPS Growth	-35.52%	32.46%	51.71%	28.26%	-12.06%	5.85%
Free Cash Flow	135.5	211.37	-112.16	63.01	136.26	127.5
Free Cash Flow Per Share	5.50	8.60	-4.57	2.57	5.56	5.20
Dividend Per Share	1.930	1.900	1.860	1.820	1.740	1.680
Dividend Growth	2.12%	2.15%	2.20%	4.60%	3.57%	12.00%
Gross Margin	47.37%	47.80%	47.32%	45.65%	46.26%	46.06%
Operating Margin	24.97%	25.80%	24.28%	23.17%	23.24%	24.58%
Profit Margin	15.62%	25.44%	20.99%	18.11%	16.78%	17.81%
Free Cash Flow Margin	14.55%	23.20%	-13.48%	9.91%	25.49%	22.27%
EBITDA	252.34	254.17	222.43	178.21	155.51	149.53
EBITDA Margin	27.10%	27.90%	26.74%	28.04%	29.09%	26.12%
D&A For EBITDA	19.79	19.19	20.46	30.92	31.25	8.78
EBIT	232.54	234.98	201.97	147.29	124.26	140.75
EBIT Margin	24.97%	25.80%	24.28%	23.17%	23.24%	24.58%
Effective Tax Rate	26.30%	26.12%	25.16%	23.30%	26.53%	22.77%
Revenue as Reported	931.22	910.94	831.84	635.67	534.59	572.55
Advertising Expenses	-	6.2	5.9	5	5.1	3.9

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q