McGrath RentCorp Statistics
Total Valuation
MGRC has a market cap or net worth of $2.74 billion. The enterprise value is $3.54 billion.
| Market Cap | 2.74B |
| Enterprise Value | 3.54B |
Important Dates
The last earnings date was Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Apr 15, 2024 |
Share Statistics
MGRC has 24.55 million shares outstanding. The number of shares has increased by 0.09% in one year.
| Shares Outstanding | 24.55M |
| Shares Change (YoY) | +0.09% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 1.48% |
| Owned by Institutions (%) | 91.60% |
| Float | 24.17M |
Valuation Ratios
The trailing PE ratio is 21.71 and the forward PE ratio is 19.80. MGRC's PEG ratio is 1.63.
| PE Ratio | 21.71 |
| Forward PE | 19.80 |
| PS Ratio | 3.20 |
| Forward PS | n/a |
| PB Ratio | 2.91 |
| P/FCF Ratio | n/a |
| PEG Ratio | 1.63 |
Enterprise Valuation
| EV / Earnings | 28.11 |
| EV / Sales | 4.13 |
| EV / EBITDA | 10.91 |
| EV / EBIT | 16.44 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.85 |
| Debt / EBITDA | 2.46 |
| Debt / FCF | n/a |
| Interest Coverage | 4.70 |
Financial Efficiency
Return on equity (ROE) is 13.70% and return on invested capital (ROIC) is 9.07%.
| Return on Equity (ROE) | 13.70% |
| Return on Assets (ROA) | 5.80% |
| Return on Capital (ROIC) | 9.07% |
| Revenue Per Employee | $710,923 |
| Profits Per Employee | $104,495 |
| Employee Count | 1,204 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MGRC has paid $43.54 million in taxes.
| Income Tax | 43.54M |
| Effective Tax Rate | 25.71% |
Stock Price Statistics
The stock price has increased by +21.90% in the last 52 weeks. The beta is 0.81, so MGRC's price volatility has been lower than the market average.
| Beta (1Y) | 0.81 |
| 52-Week Price Change | +21.90% |
| 50-Day Moving Average | 115.01 |
| 200-Day Moving Average | 109.74 |
| Relative Strength Index (RSI) | 51.66 |
| Average Volume (30 Days) | 234,952 |
Short Selling Information
The latest short interest is 1.41 million, so 5.73% of the outstanding shares have been sold short.
| Short Interest | 1.41M |
| Short Previous Month | 1.21M |
| Short % of Shares Out | 5.73% |
| Short % of Float | 5.82% |
| Short Ratio (days to cover) | 6.59 |
Income Statement
In the last 12 months, MGRC had revenue of $855.95 million and earned $125.81 million in profits. Earnings per share was $5.14.
| Revenue | 855.95M |
| Gross Profit | 409.53M |
| Operating Income | 212.57M |
| Pretax Income | 169.36M |
| Net Income | 125.81M |
| EBITDA | 324.13M |
| EBIT | 215.16M |
| Earnings Per Share (EPS) | $5.14 |
Balance Sheet
The company has $1.91 million in cash and $798.56 million in debt, giving a net cash position of -$796.65 million or -$32.45 per share.
| Cash & Cash Equivalents | 1.91M |
| Total Debt | 798.56M |
| Net Cash | -796.65M |
| Net Cash Per Share | -$32.45 |
| Equity / Book Value | 943.02M |
| Book Value Per Share | 38.41 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $119.05 million and capital expenditures -$203.52 million, giving a free cash flow of -$84.47 million.
| Operating Cash Flow | 119.05M |
| Capital Expenditures | -203.52M |
| Free Cash Flow | -84.47M |
| FCF Per Share | -$3.45 |
Margins
Gross margin is 47.85%, with operating and profit margins of 24.83% and 14.70%.
| Gross Margin | 47.85% |
| Operating Margin | 24.83% |
| Pretax Margin | 19.79% |
| Profit Margin | 14.70% |
| EBITDA Margin | 37.87% |
| EBIT Margin | 25.14% |
| FCF Margin | -9.87% |
Dividends & Yields
This stock pays an annual dividend of $1.90, which amounts to a dividend yield of 1.70%.
| Dividend Per Share | $1.90 |
| Dividend Yield | 1.70% |
| Dividend Growth (YoY) | 2.19% |
| Years of Dividend Growth | 25 |
| Payout Ratio | 36.96% |
| Buyback Yield | -0.09% |
| Shareholder Yield | 1.61% |
| Earnings Yield | 4.59% |
| FCF Yield | -3.08% |
Analyst Forecast
The average price target for MGRC is $116.00, which is 3.94% higher than the current price. The consensus rating is "Buy".
| Price Target | $116.00 |
| Price Target Difference | 3.94% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| 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
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |