MCGRATH RENTCORP Income Statement
MGRC / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MCGRATH RENTCORP reported $944M in revenue and $156M in net income for FY2025. Revenue has grown at a 7.5% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 25.4%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $944.2M | $910.9M | $831.8M | $635.7M | $534.6M | $572.6M | $570.2M | $498.3M | $462.0M | $424.1M | $404.5M | $408.1M | $379.5M | $364.0M | $342.7M |
| Cost of Revenue | $172.0M | $174.7M | $137.7M | $91.8M | $76.5M | $81.0M | $68.1M | $59.0M | $60.3M | $48.5M | $227.6M | $225.9M | $210.5M | $195.8M | $175.9M |
| Gross Profit | $455.0M | $435.4M | $393.6M | $290.2M | $247.3M | $263.7M | $266.2M | $233.3M | $206.3M | $184.2M | $176.9M | $182.2M | $169.0M | $168.3M | $166.8M |
| SG&A Expense | $211.4M | $200.4M | $207.5M | $142.9M | $123.1M | $123.0M | $124.8M | $115.8M | $111.6M | $104.9M | $100.0M | $96.9M | $88.8M | $86.3M | $78.1M |
| Operating Income | $243.6M | $244.3M | $189.7M | $147.3M | $124.3M | $140.8M | $141.4M | $117.5M | $94.7M | $79.3M | $77.0M | $85.4M | $80.3M | $82.0M | $88.7M |
| Interest Expense | $30.6M | $47.2M | $40.6M | $12.2M | $8.2M | $8.8M | $12.3M | $12.3M | $11.6M | $12.2M | $10.1M | $9.3M | $8.7M | $9.1M | $7.6M |
| Income Tax | $56.8M | $81.9M | $37.6M | $31.4M | $30.7M | $30.1M | $32.3M | $25.3M | -$70.5M | $28.7M | $25.9M | $30.9M | $28.0M | $28.1M | $31.5M |
| Net Income | $156.3M | $231.7M | $174.6M | $115.1M | $89.7M | $102.0M | $96.8M | $79.4M | $153.9M | $38.3M | $40.5M | $45.7M | $43.4M | $44.8M | $49.6M |
| EPS (Basic) | $7.14 | $4.73 | $3.70 | $4.22 | $3.99 | $3.29 | $6.41 | $1.60 | $1.60 | $1.77 | $1.71 | $1.80 | $2.04 | $1.52 | $1.40 |
| EPS (Diluted) | $7.12 | $4.70 | $3.66 | $4.16 | $3.93 | $3.24 | $6.34 | $1.60 | $1.59 | $1.75 | $1.67 | $1.78 | $2.00 | $1.50 | $1.40 |
| Shares Outstanding | 24.6M | 24.5M | 24.4M | 24.3M | 24.1M | 24.3M | 24.2M | 24.1M | 23.9M | 23.9M | 26.1M | 25.8M | 24.9M | 24.6M | 24.2M |
| Gross Margin | 48.2% | 47.8% | 47.3% | 45.6% | 46.3% | 46.1% | 46.7% | 46.8% | 44.7% | 43.4% | 43.7% | 44.6% | 44.5% | 46.2% | 48.7% |
| Operating Margin | 25.8% | 26.8% | 22.8% | 23.2% | 23.2% | 24.6% | 24.8% | 23.6% | 20.5% | 18.7% | 19.0% | 20.9% | 21.1% | 22.5% | 25.9% |
| Profit Margin | 16.6% | 25.4% | 21.0% | 18.1% | 16.8% | 17.8% | 17.0% | 15.9% | 33.3% | 9.0% | 10.0% | 11.2% | 11.4% | 12.3% | 14.5% |