McGrath RentCorp Statistics
Total Valuation
MGRC has a market cap or net worth of $2.77 billion. The enterprise value is $3.37 billion.
| Market Cap | 2.77B |
| Enterprise Value | 3.37B |
Important Dates
The next estimated earnings date is Wednesday, February 19, 2025, after market close.
| Earnings Date | Feb 19, 2025 |
| Ex-Dividend Date | Oct 17, 2024 |
Share Statistics
MGRC has 24.55 million shares outstanding. The number of shares has increased by 0.12% in one year.
| Current Share Class | 24.55M |
| Shares Outstanding | 24.55M |
| Shares Change (YoY) | +0.12% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 1.25% |
| Owned by Institutions (%) | 88.16% |
| Float | 24.24M |
Valuation Ratios
The trailing PE ratio is 12.31 and the forward PE ratio is 19.68. MGRC's PEG ratio is 1.64.
| PE Ratio | 12.31 |
| Forward PE | 19.68 |
| PS Ratio | 3.11 |
| Forward PS | 2.95 |
| PB Ratio | 2.53 |
| P/TBV Ratio | 3.87 |
| P/FCF Ratio | 30.12 |
| P/OCF Ratio | 8.81 |
| PEG Ratio | 1.64 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.19, with an EV/FCF ratio of 36.70.
| EV / Earnings | 14.99 |
| EV / Sales | 3.79 |
| EV / EBITDA | 13.19 |
| EV / EBIT | 14.28 |
| EV / FCF | 36.70 |
Financial Position
The company has a current ratio of 1.71, with a Debt / Equity ratio of 0.56.
| Current Ratio | 1.71 |
| Quick Ratio | 1.23 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | 2.29 |
| Debt / FCF | 6.63 |
| Interest Coverage | 4.67 |
Financial Efficiency
Return on equity (ROE) is 22.42% and return on invested capital (ROIC) is 8.99%.
| Return on Equity (ROE) | 22.42% |
| Return on Assets (ROA) | 6.67% |
| Return on Capital (ROIC) | 8.99% |
| Revenue Per Employee | $738,192 |
| Profits Per Employee | $186,706 |
| Employee Count | 1,204 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MGRC has paid $80.59 million in taxes.
| Income Tax | 80.59M |
| Effective Tax Rate | 26.39% |
Stock Price Statistics
The stock price has decreased by -4.66% in the last 52 weeks. The beta is 0.75, so MGRC's price volatility has been lower than the market average.
| Beta (5Y) | 0.75 |
| 52-Week Price Change | -4.66% |
| 50-Day Moving Average | 116.40 |
| 200-Day Moving Average | 111.06 |
| Relative Strength Index (RSI) | 32.62 |
| Average Volume (20 Days) | 144,004 |
Short Selling Information
The latest short interest is 605,448, so 2.47% of the outstanding shares have been sold short.
| Short Interest | 605,448 |
| Short Previous Month | 709,210 |
| Short % of Shares Out | 2.47% |
| Short % of Float | 2.50% |
| Short Ratio (days to cover) | 2.67 |
Income Statement
In the last 12 months, MGRC had revenue of $888.78 million and earned $224.79 million in profits. Earnings per share was $9.15.
| Revenue | 888.78M |
| Gross Profit | 430.78M |
| Operating Income | 235.99M |
| Pretax Income | 158.08M |
| Net Income | 224.79M |
| EBITDA | 255.42M |
| EBIT | 235.99M |
| Earnings Per Share (EPS) | $9.15 |
Balance Sheet
The company has $4.06 million in cash and $608.56 million in debt, giving a net cash position of -$604.51 million or -$24.62 per share.
| Cash & Cash Equivalents | 4.06M |
| Total Debt | 608.56M |
| Net Cash | -604.51M |
| Net Cash Per Share | -$24.62 |
| Equity (Book Value) | 1.09B |
| Book Value Per Share | 44.56 |
| Working Capital | 132.64M |
Cash Flow
In the last 12 months, operating cash flow was $314.04 million and capital expenditures -$222.20 million, giving a free cash flow of $91.83 million.
| Operating Cash Flow | 314.04M |
| Capital Expenditures | -222.20M |
| Free Cash Flow | 91.83M |
| FCF Per Share | $3.74 |
Margins
Gross margin is 48.47%, with operating and profit margins of 26.55% and 25.29%.
| Gross Margin | 48.47% |
| Operating Margin | 26.55% |
| Pretax Margin | 34.36% |
| Profit Margin | 25.29% |
| EBITDA Margin | 28.74% |
| EBIT Margin | 26.55% |
| FCF Margin | 10.33% |
Dividends & Yields
This stock pays an annual dividend of $1.90, which amounts to a dividend yield of 1.69%.
| Dividend Per Share | $1.90 |
| Dividend Yield | 1.69% |
| Dividend Growth (YoY) | 2.16% |
| Years of Dividend Growth | 25 |
| Payout Ratio | 20.76% |
| Buyback Yield | -0.12% |
| Shareholder Yield | 1.57% |
| Earnings Yield | 8.13% |
| FCF Yield | 3.32% |
Analyst Forecast
The average price target for MGRC is $145.50, which is 29.16% higher than the current price. The consensus rating is "Buy".
| Price Target | $145.50 |
| Price Target Difference | 29.16% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 28, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 28, 2005 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
MGRC has an Altman Z-Score of 2.76 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.76 |
| Piotroski F-Score | 7 |