McGrath RentCorp

Country

United States

Sector

Industrials

Industry

Rental & Leasing Services

Employees

1,219

Ticker

MGRC

Exchange

NASDAQ/NGS

Website

www.mgrc.com

Description

McGrath RentCorp is a diversified business-to-business rental company that supplies a broad array of industrial and commercial equipment across various sectors. Its primary function lies in leasing re... Show more

Financial Statements of McGrath RentCorp

Below are the financial statements of McGrath RentCorp, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Assets	—	—
Cash	0.81^a	0.88^a
Accounts receivable, net of allowance for credit losses of $2,866 at December 31, 2024 and $2,801 at December 31, 2023	219.34^a	227.37^a
Rental equipment, at cost	—	—
Relocatable modular buildings	1,414.37^a	1,291.09^a
Portable storage containers	240.85^a	236.12^a
Electronic test equipment	343.98^a	377.59^a
Rental equipment, at cost	1,999.2^a	1,904.8^a
Less: accumulated depreciation	-611.54^a	-575.48^a
Rental equipment, net	1,387.66^a	1,329.32^a
Property, plant and equipment, net	197.44^a	169.11^a
Inventories	14.3^a	15.43^a
Prepaid expenses and other assets	80.48^a	87.36^a
Intangible assets, net	54.33^a	64.59^a
Goodwill	323.22^a	323.22^a
Total assets	2,277.58^a	2,217.28^a
Liabilities	—	—
Notes payable	590.21^a	762.98^a
Accounts payable	60.08^a	58.76^a
Accrued liabilities	113.96^a	108.76^a
Deferred income	109.84^a	111.43^a
Deferred income taxes, net	280.13^a	241.56^a
Total liabilities	1,154.22^a	1,283.48^a
Shareholders’ equity	—	—
Common stock	116.25^a	111.12^a
Retained earnings	1,007.12^a	822.8^a
Accumulated other comprehensive loss	0^a	-0.12^a
Total shareholders’ equity	1,123.37^a	933.8^a
Total liabilities and shareholders’ equity	2,277.58^a	2,217.28^a

Verified Sources Behind McGrath RentCorp’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore McGrath RentCorp’s data sources below and access millions more through our Disclosure Search.

a. McGrath RentCorp's 10-K 2024

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McGrath RentCorp

Financial Statements of McGrath RentCorp

Verified Sources Behind McGrath RentCorp’s Financial Fundamentals Data

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