Prices are adjusted according to historical splits.
- Today's Low:
- Today's High:
- Open Price:
- 52W Low:
- 52W High:
- Prev. Close:
- Market Cap.:
- $2.42 billion
- Book Value:
- Revenue TTM:
- $822.15 million
- Operating Margin TTM:
- Gross Profit TTM:
- $336.91 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
McGrath RentCorp had its IPO on 1990-03-26 under the ticker symbol MGRC.
The company operates in the Industrials sector and Rental & Leasing Services industry. McGrath RentCorp has a staff strength of 1,218 employees.
Shares of McGrath RentCorp opened at $97.1 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $97.1 - $97.87, and closed at $97.69.
This is a +0.32% increase from the previous day's closing price.
A total volume of 45,694 shares were traded at the close of the day’s session.
In the last one week, shares of McGrath RentCorp have slipped by -3.4%.
McGrath RentCorp's Key Ratios
McGrath RentCorp has a market cap of $2.42 billion, indicating a price to book ratio of 3.0184 and a price to sales ratio of 3.43.
In the last 12-months McGrath RentCorp’s revenue was $822.15 million with a gross profit of $336.91 million and an EBITDA of $184.47 million. The EBITDA ratio measures McGrath RentCorp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, McGrath RentCorp’s operating margin was 21.22% while its return on assets stood at 5.81% with a return of equity of 13.89%.
In Q2, McGrath RentCorp’s quarterly earnings growth was a positive 17% while revenue growth was a positive 32.4%.
McGrath RentCorp’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $4.63 per share while it has a forward price to earnings multiple of 21.4592 and a PEG multiple of 2.1457. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into McGrath RentCorp’s profitability.
McGrath RentCorp stock is trading at a EV to sales ratio of 3.9369 and a EV to EBITDA ratio of 10.4525. Its price to sales ratio in the trailing 12-months stood at 3.43.
McGrath RentCorp stock pays annual dividends of $1.84 per share, indicating a yield of 1.88% and a payout ratio of 26.55%.
Balance sheet and cash flow metrics
- Total Assets
- $2.11 billion
- Total Liabilities
- $326.13 million
- Operating Cash Flow
- Capital Expenditure
- $54.73 million
- Dividend Payout Ratio
McGrath RentCorp ended 2023 with $2.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.11 billion while shareholder equity stood at $880.57 million.
McGrath RentCorp ended 2023 with $0 in deferred long-term liabilities, $326.13 million in other current liabilities, 107362000.00 in common stock, $773.26 million in retained earnings and $325.35 million in goodwill. Its cash balance stood at $2.21 million and cash and short-term investments were $2.21 million. The company’s total short-term debt was $0 while long-term debt stood at $672.63 million.
McGrath RentCorp’s total current assets stands at $193.88 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $191.68 million compared to accounts payable of $0 and inventory worth $0.
In 2023, McGrath RentCorp's operating cash flow was $0 while its capital expenditure stood at $54.73 million.
Comparatively, McGrath RentCorp paid $0.27 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
McGrath RentCorp stock is currently trading at $97.69 per share. It touched a 52-week high of $110.5628 and a 52-week low of $110.5628. Analysts tracking the stock have a 12-month average target price of $120.5.
Its 50-day moving average was $96.44 and 200-day moving average was $95.1 The short ratio stood at 2.46 indicating a short percent outstanding of 0%.
Around 55.8% of the company’s stock are held by insiders while 8598.7% are held by institutions.
Frequently Asked Questions About McGrath RentCorp
Similar Industry Stocks (Rental & Leasing Services)
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The company operates through Mobile Modular, TRS-RenTelco, and Enviroplex segments. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.