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

Income Statement Balance Sheet Group Entities

McGrath RentCorp's Financial Statements Preview

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.

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All figures in millions of USD	2024	2023	2022
Revenues	—	—	—
Rental	489.93^a	474.34^a	389.66^a
Rental related services	148.5^a	138.16^a	94.96^a
Rental operations	638.43^a	612.5^a	484.63^a
Sales	262.29^a	207.17^a	147.72^a
Other	10.23^a	12.18^a	3.32^a
Total revenues	910.94^a	831.84^a	635.67^a
Costs and expenses	—	—	—
Direct costs of rental operations	—	—	—
Depreciation of rental equipment	-88.27^a	-88.91^a	-80.43^a
Rental related services	-103.42^a	-96.63^a	-68.85^a
Other	-109.12^a	-114.94^a	-104.36^a
Total direct costs of rental operations	-300.8^a	-300.48^a	-253.63^a
Costs of sales	-174.73^a	-137.73^a	-91.83^a
Total costs of revenues	-475.53^a	-438.21^a	-345.46^a
Gross profit	435.42^a	393.63^a	290.21^a
Expenses	—	—	—
Selling and administrative expenses	-200.43^a	-207.54^a	-142.91^a
Other income, net	-9.28^a	-3.62^a	0^a
Income from operations	244.26^a	189.71^a	147.29^a
Interest expense	-47.24^a	-40.56^a	-12.23^a
Foreign currency exchange loss (gain)	0.22^a	-0.31^a	0.38^a
Gain on merger termination from WillScot Mobile Mini	-180^a	0^a	0^a
WillScot Mobile Mini transaction costs	-63.16^a	0^a	0^a
Income from continuing operations before provision for income taxes	313.65^a	149.46^a	134.69^a
Provision for income taxes from continuing operations	-81.92^a	-37.61^a	-31.38^a
Income from continuing operations	231.73^a	111.85^a	103.31^a
Discontinued operations	—	—	—
Income from discontinued operations before provision for income taxes	0^a	1.71^a	15.33^a
Provision for income taxes from discontinued operations	0^a	-0.45^a	-3.51^a
Gain on sale of discontinued operations, net of tax	0^a	61.51^a	0^a
Income from discontinued operations	0^a	62.77^a	11.83^a
Net income	231.73^a	174.62^a	115.14^a

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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

McGrath RentCorp's Financial Statements Preview

Verified Sources Behind McGrath RentCorp’s Financial Fundamentals Data

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