McGrath RentCorp
NASDAQ Global SelectTotal Valuation
McGrath RentCorp carries a market capitalization of 2.63B, placing it among publicly traded companies globally. Its enterprise value stands at 3.26B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 2.63B |
| Enterprise Value | 3.26B |
Share Statistics
McGrath RentCorp currently has 24.56M shares outstanding.
| Shares Outstanding | 24.56M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
McGrath RentCorp trades at a trailing price-to-earnings ratio of 17.50. The price-to-sales ratio is 2.87, and the price-to-book ratio stands at 2.19.
| PE Ratio | 17.50 |
| PS Ratio | 2.87 |
| PB Ratio | 2.19 |
| P/TBV Ratio | 3.16 |
| P/FCF Ratio | 5.80 |
| P/OCF Ratio | 11.12 |
Enterprise Valuation
On an enterprise value basis, McGrath RentCorp trades at an EV/EBITDA multiple of 9.31 and an EV/FCF ratio of 6.65. The EV/Sales ratio of 3.44 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 13.49 provides insight into valuation relative to core operating earnings.
| EV / Sales | 3.44 |
| EV / EBITDA | 9.31 |
| EV / EBIT | 13.49 |
| EV / FCF | 6.65 |
Financial Position
McGrath RentCorp maintains a current ratio of 0.84, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 44.15, indicating elevated leverage, while an interest coverage ratio of 12.08 demonstrates strong ability to service its debt obligations.
| Current Ratio | 0.84 |
| Quick Ratio | 0.80 |
| Debt / Equity | 44.15 |
| Debt / EBITDA | 1.56 |
| Interest Coverage | 12.08 |
Financial Efficiency
McGrath RentCorp posts a return on equity of 13.07 and a return on invested capital of 10.15.
| Return on Equity (ROE) | 13.07 |
| Return on Assets (ROA) | 6.72 |
| Return on Invested Capital (ROIC) | 10.15 |
| Return on Capital Employed (ROCE) | 10.14 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 34.82 |
Taxes
Over the trailing twelve months, McGrath RentCorp has paid 57.40M in income taxes, reflecting an effective tax rate of 27.01.
| Income Tax | 57.40M |
| Effective Tax Rate | 27.01 |
Stock Price Statistics
McGrath RentCorp's stock has declined approximately -8.04024% over the past 52 weeks. The 50-day moving average sits at 112.21, while the 200-day moving average is 112.28.
| Beta (5Y) | N/A |
| 52-Week Price Change | -8.04024% |
| 50-Day Moving Average | 112.21 |
| 200-Day Moving Average | 112.28 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, McGrath RentCorp generated 947.36M in revenue and converted that into 155.13M in net income, yielding earnings per share of 6.30. EBITDA reached 349.95M, while operating income came in at 241.46M.
| Revenue | 947.36M |
| Gross Profit | 455.43M |
| Operating Income | 241.46M |
| Pretax Income | 212.54M |
| Net Income | 155.13M |
| EBITDA | 349.95M |
| EBIT | 241.46M |
| Earnings Per Share (EPS) | 6.30 |
Balance Sheet
McGrath RentCorp holds 2.36M in cash and equivalents against 546.00M in total debt, resulting in a net debt position of 543.64M. Total book value stands at 1.24B, with working capital of -44.87M providing operational flexibility.
| Cash & Cash Equivalents | 2.36M |
| Total Debt | 546.00M |
| Net Debt | 543.64M |
| Equity (Book Value) | 1.24B |
| Book Value Per Share | 50.25 |
| Working Capital | -44.87M |
Cash Flow
McGrath RentCorp produced 244.17M in operating cash flow over the past twelve months. After subtracting -224.39M in capital expenditures, free cash flow totaled 19.77M - equivalent to 0.80 per share.
| Operating Cash Flow | 244.17M |
| Capital Expenditures | -224.39M |
| Free Cash Flow | 19.77M |
| FCF Per Share | 0.80 |
Margins
McGrath RentCorp operates with a gross margin of 48.07, reflecting its pricing power and cost economics. The operating margin of 25.49 and net profit margin of 16.38 provide insight into operational efficiency.
| Gross Margin | 48.07 |
| Operating Margin | 25.49 |
| Pretax Margin | 22.43 |
| Profit Margin | 16.38 |
| EBITDA Margin | 36.94 |
Dividends & Yields
The company's payout ratio of 31.14 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.96 |
| Dividend Yield | N/A |
| Payout Ratio | 31.14 |
| Shareholder Yield | 2.94 |
| FCF Yield | 17.24 |
Stock Splits
McGrath RentCorp's most recent stock split took place on March 28, 2005 with a 1:2 split ratio.
| Last Split Date | 3/28/2005 |
| Split Ratio | 1:2 |
Scores
McGrath RentCorp posts an Altman Z-Score of 3.05, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 3.05 |