McGrath RentCorp Statistics
Total Valuation
MGRC has a market cap or net worth of $2.79 billion. The enterprise value is $3.39 billion.
| Market Cap | 2.79B |
| Enterprise Value | 3.39B |
Important Dates
The next estimated earnings date is Thursday, April 24, 2025, after market close.
| Earnings Date | Apr 24, 2025 |
| Ex-Dividend Date | Apr 16, 2025 |
Share Statistics
MGRC has 24.55 million shares outstanding. The number of shares has increased by 0.17% in one year.
| Current Share Class | 24.55M |
| Shares Outstanding | 24.55M |
| Shares Change (YoY) | +0.17% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 1.30% |
| Owned by Institutions (%) | 89.19% |
| Float | 24.23M |
Valuation Ratios
The trailing PE ratio is 12.22 and the forward PE ratio is 19.12. MGRC's PEG ratio is 1.40.
| PE Ratio | 12.22 |
| Forward PE | 19.12 |
| PS Ratio | 3.10 |
| Forward PS | 2.87 |
| PB Ratio | 2.52 |
| P/TBV Ratio | 3.74 |
| P/FCF Ratio | 13.19 |
| P/OCF Ratio | 7.44 |
| PEG Ratio | 1.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.33, with an EV/FCF ratio of 16.03.
| EV / Earnings | 14.63 |
| EV / Sales | 3.72 |
| EV / EBITDA | 13.33 |
| EV / EBIT | 14.42 |
| EV / FCF | 16.03 |
Financial Position
The company has a current ratio of 1.81, with a Debt / Equity ratio of 0.54.
| Current Ratio | 1.81 |
| Quick Ratio | 1.32 |
| Debt / Equity | 0.54 |
| Debt / EBITDA | 2.29 |
| Debt / FCF | 2.85 |
| Interest Coverage | 4.97 |
Financial Efficiency
Return on equity (ROE) is 22.53% and return on invested capital (ROIC) is 8.58%.
| Return on Equity (ROE) | 22.53% |
| Return on Assets (ROA) | 6.53% |
| Return on Invested Capital (ROIC) | 8.58% |
| Return on Capital Employed (ROCE) | 11.13% |
| Revenue Per Employee | $747,286 |
| Profits Per Employee | $190,096 |
| Employee Count | 1,219 |
| Asset Turnover | 0.41 |
| Inventory Turnover | 31.99 |
Taxes
In the past 12 months, MGRC has paid $81.92 million in taxes.
| Income Tax | 81.92M |
| Effective Tax Rate | 26.12% |
Stock Price Statistics
The stock price has decreased by -6.31% in the last 52 weeks. The beta is 0.74, so MGRC's price volatility has been lower than the market average.
| Beta (5Y) | 0.74 |
| 52-Week Price Change | -6.31% |
| 50-Day Moving Average | 119.39 |
| 200-Day Moving Average | 112.42 |
| Relative Strength Index (RSI) | 45.60 |
| Average Volume (20 Days) | 142,130 |
Short Selling Information
The latest short interest is 437,006, so 1.78% of the outstanding shares have been sold short.
| Short Interest | 437,006 |
| Short Previous Month | 531,469 |
| Short % of Shares Out | 1.78% |
| Short % of Float | 1.80% |
| Short Ratio (days to cover) | 2.11 |
Income Statement
In the last 12 months, MGRC had revenue of $910.94 million and earned $231.73 million in profits. Earnings per share was $9.43.
| Revenue | 910.94M |
| Gross Profit | 435.42M |
| Operating Income | 234.98M |
| Pretax Income | 158.08M |
| Net Income | 231.73M |
| EBITDA | 254.17M |
| EBIT | 234.98M |
| Earnings Per Share (EPS) | $9.43 |
Balance Sheet
The company has $807,000 in cash and $602.83 million in debt, giving a net cash position of -$602.02 million or -$24.52 per share.
| Cash & Cash Equivalents | 807,000 |
| Total Debt | 602.83M |
| Net Cash | -602.02M |
| Net Cash Per Share | -$24.52 |
| Equity (Book Value) | 1.12B |
| Book Value Per Share | 45.76 |
| Working Capital | 135.17M |
Cash Flow
In the last 12 months, operating cash flow was $374.38 million and capital expenditures -$163.01 million, giving a free cash flow of $211.37 million.
| Operating Cash Flow | 374.38M |
| Capital Expenditures | -163.01M |
| Free Cash Flow | 211.37M |
| FCF Per Share | $8.61 |
Margins
Gross margin is 47.80%, with operating and profit margins of 25.80% and 25.44%.
| Gross Margin | 47.80% |
| Operating Margin | 25.80% |
| Pretax Margin | 34.43% |
| Profit Margin | 25.44% |
| EBITDA Margin | 27.90% |
| EBIT Margin | 25.80% |
| FCF Margin | 23.20% |
Dividends & Yields
This stock pays an annual dividend of $1.94, which amounts to a dividend yield of 1.70%.
| Dividend Per Share | $1.94 |
| Dividend Yield | 1.70% |
| Dividend Growth (YoY) | 2.14% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 20.57% |
| Buyback Yield | -0.17% |
| Shareholder Yield | 1.54% |
| Earnings Yield | 8.31% |
| FCF Yield | 7.58% |
Analyst Forecast
The average price target for MGRC is $145.50, which is 28.17% higher than the current price. The consensus rating is "Buy".
| Price Target | $145.50 |
| Price Target Difference | 28.17% |
| 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 2.87 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.87 |
| Piotroski F-Score | 6 |