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Industrials - Rental & Leasing Services - NASDAQ - US
$ 109.4
-0.553 %
$ 2.69 B
Market Cap
11.43
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one MGRC stock under the worst case scenario is HIDDEN Compared to the current market price of 109 USD, McGrath RentCorp is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one MGRC stock under the base case scenario is HIDDEN Compared to the current market price of 109 USD, McGrath RentCorp is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one MGRC stock under the best case scenario is HIDDEN Compared to the current market price of 109 USD, McGrath RentCorp is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MGRC

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$130.0$130.0$125.0$125.0$120.0$120.0$115.0$115.0$110.0$110.0$105.0$105.0$100.0$100.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
911 M REVENUE
9.51%
244 M OPERATING INCOME
28.76%
232 M NET INCOME
32.70%
374 M OPERATING CASH FLOW
292.66%
-151 M INVESTING CASH FLOW
61.53%
-224 M FINANCING CASH FLOW
-75.46%
195 M REVENUE
-19.83%
45.6 M OPERATING INCOME
-27.77%
28.2 M NET INCOME
-27.57%
53.9 M OPERATING CASH FLOW
46.50%
-2.7 M INVESTING CASH FLOW
72.80%
-48.6 M FINANCING CASH FLOW
-61.49%
Balance Sheet McGrath RentCorp
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Current Assets 234 M
Cash & Short-Term Investments 807 K
Receivables 219 M
Other Current Assets 14.3 M
Non-Current Assets 2.04 B
Long-Term Investments 0
PP&E 1.59 B
Other Non-Current Assets 458 M
9.63 %69.60 %20.11 %Total Assets$2.3b
Current Liabilities 284 M
Accounts Payable 60.1 M
Short-Term Debt 0
Other Current Liabilities 224 M
Non-Current Liabilities 984 M
Long-Term Debt 590 M
Other Non-Current Liabilities 394 M
4.74 %17.65 %46.54 %31.08 %Total Liabilities$1.3b
EFFICIENCY
Earnings Waterfall McGrath RentCorp
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Revenue 911 M
Cost Of Revenue 476 M
Gross Profit 435 M
Operating Expenses 191 M
Operating Income 244 M
Other Expenses 12.5 M
Net Income 232 M
1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00911m(476m)435m(191m)244m(13m)232mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
47.80% GROSS MARGIN
47.80%
26.81% OPERATING MARGIN
26.81%
25.44% NET MARGIN
25.44%
20.63% ROE
20.63%
10.17% ROA
10.17%
9.05% ROIC
9.05%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis McGrath RentCorp
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400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 232 M
Depreciation & Amortization 107 M
Capital Expenditures -40.2 M
Stock-Based Compensation 9.5 M
Change in Working Capital 29.3 M
Others -32 M
Free Cash Flow 334 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets McGrath RentCorp
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Wall Street analysts predict an average 1-year price target for MGRC of $120 , with forecasts ranging from a low of $120 to a high of $120 .
MGRC Lowest Price Target Wall Street Target
120 USD 9.69%
MGRC Average Price Target Wall Street Target
120 USD 9.69%
MGRC Highest Price Target Wall Street Target
120 USD 9.69%
Price
Max Price Target
Min Price Target
Average Price Target
1301301251251201201151151101101051051001009595Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.44% DIVIDEND YIELD
0.485 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.0002.0001.8001.8001.6001.6001.4001.4001.2001.2001.0001.0000.8000.8000.6000.6000.4000.4000.2000.2000.0000.0000.2450.250.2550.260.340.3750.420.4350.4550.4650.4750.250.2550.260.340.3750.420.4350.4550.4650.4750.4850.250.2550.260.340.3750.420.4350.4550.4650.4750.251.000.2551.020.261.040.341.280.3751.470.421.630.4351.730.4551.800.4651.850.4751.890.962015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership McGrath RentCorp
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Sold
0-3 MONTHS
2.17 M USD 3
3-6 MONTHS
112 K USD 1
6-9 MONTHS
8.18 M USD 10
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
McGrath to Present at the Oppenheimer 20th Annual Industrial Growth Conference LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will present at the Oppenheimer 20th Annual Industrial Growth Conference (virtual format) on Wednesday, May 7, 2025, at 10:30 a.m. ET. A simultaneous webcast and presentation slides will be posted under the “Events and Presentations” section of the Company's website at https://investors.mgrc.com/events-and-prese. businesswire.com - 3 weeks ago
McGrath RentCorp (MGRC) Q1 2025 Earnings Call Transcript McGrath RentCorp (NASDAQ:MGRC ) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger – Oppenheimer Daniel Moore - CJS Securities Steven Ramsey - Thompson Research Group Mark Riddick – Sidoti Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp First Quarter 2025 Earnings Call. seekingalpha.com - 3 weeks ago
McGrath (MGRC) Q1 Earnings and Revenues Surpass Estimates McGrath (MGRC) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.93 per share a year ago. zacks.com - 3 weeks ago
McGrath Announces Results for First Quarter 2025 LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2025 of $195.4 million, an increase of 4% compared to the first quarter of 2024. The Company reported net income of $28.2 million, or $1.15 per diluted share, for the first quarter of 2025, compared to net income of $22.8 million, or $0.93 per diluted share, for the first q. businesswire.com - 3 weeks ago
McGrath RentCorp: An Attractive Way To Capture Strong Returns McGrath RentCorp remains a 'Buy' due to its solid financial performance, attractive pricing, and potential for growth despite a failed merger with WillScot Holdings. The Mobile Modular segment drove significant revenue growth from $379.2 million in 2022 to $635.4 million in 2024, showcasing strong investment in rental equipment. Despite weaker performance in the Portage Storage and TRS-RenTelco segments, overall profitability metrics like net income and operating cash flow have more than doubled. seekingalpha.com - 1 month ago
McGrath First Quarter Earnings and Conference Call Scheduled for April 24, 2025 LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2025, after the close of regular market trading on Thursday, April 24, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 24, 2025, to discuss the results. The conference call may be acce. businesswire.com - 1 month ago
McGrath to Participate in the Sidoti Small-Cap Virtual Conference LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, will participate in investor meetings at the Sidoti Small-Cap Virtual Conference on Wednesday, March 19, 2025. ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with. businesswire.com - 2 months ago
McGrath RentCorp (MGRC) Q4 2024 Earnings Call Transcript McGrath RentCorp (NASDAQ:MGRC ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Mark Riddick - Sidoti Daniel Moore - CJS Securities Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp Fourth Quarter 2024 Earnings Call. seekingalpha.com - 2 months ago
McGrath (MGRC) Tops Q4 Earnings Estimates McGrath (MGRC) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.30 per share a year ago. zacks.com - 2 months ago
McGrath Announces Results for Fourth Quarter 2024 and Announces 34th Annual Dividend Increase LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended December 31, 2024 of $243.7 million, an increase of 10% compared to the fourth quarter of 2023. The Company reported net income from continuing operations of $38.9 million, or $1.58 per diluted share, for the fourth quarter of 2024, compared to net income f. businesswire.com - 2 months ago
McGrath Celebrates 40th Listing Anniversary LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the completion of the major milestone of its 40th anniversary listed on the Nasdaq. In recognition of this milestone, McGrath will be honored by being displayed on the Nasdaq Tower in Times Square on February 11. Joe Hanna, President and CEO, remarked, “Our company crossed the 2024 finish line, marking the completion of. businesswire.com - 3 months ago
McGrath Appoints Philip B. Hawkins to Chief Operating Officer LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, a leading business-to-business rental company in North America, today announced the appointment of Philip B. Hawkins to Chief Operating Officer (COO). Joe Hanna, CEO stated, “I am very pleased to announce the promotion of Phil Hawkins to the position of Chief Operating Officer (COO). In this role, Phil will continue to oversee our Mobi. businesswire.com - 4 months ago
8. Profile Summary

McGrath RentCorp MGRC

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COUNTRY US
INDUSTRY Rental & Leasing Services
MARKET CAP $ 2.69 B
Dividend Yield 0.44%
Description 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 related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. 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 Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. 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 headquartered in Livermore, California.
Contact 5700 Las Positas Road, Livermore, CA, 94551-7800 https://www.mgrc.com
IPO Date Nov. 13, 1984
Employees 1219
Officers Mr. Joseph F. Hanna President, Chief Executive Officer & Director Mr. Keith E. Pratt Executive Vice President, Chief Financial Officer & Assistant Corporate Secretary Ms. Gilda Malek J.D. Senior Vice President, Chief Legal Officer & Corporate Secretary Ms. Kristina Van Trease-Whitney Senior Vice President & Chief Strategy Officer Mr. John P. Lieffrig Vice President & Division Manager of Mobile Modular Portable Storage Mr. David M. Whitney CPA Senior Vice President & Chief Accounting Officer Mr. Philip B. Hawkins Executive Vice President & Chief Operating Officer Ms. Tara Wescott Senior Vice President & Chief Human Resources Officer Mr. John P. Skenesky Vice President & Division Manager of TRS-RenTelco