McGrath RentCorp, a business to business rental company, rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. It 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. This segment also provides communications test equipment comprising 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 modular and portable classrooms directly to public school districts and other educational institutions in California. McGrath RentCorp was founded in 1979 and is headquartered in Livermore, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryDiversified Support Services
SectorFinance
Current SymbolNASDAQ:MGRC
Previous Symbol
CUSIP58058910
Phone925-606-9200
Debt
Debt-to-Equity RatioN/A
Current Ratio0.33
Quick Ratio0.33
Price-To-Earnings
Trailing P/E Ratio22.28
Forward P/E Ratio17.47
P/E Growth1.77
Sales & Book Value
Annual Sales$462.03 million
Price / Sales2.49
Cash Flow$5.3214 per share
Price / Cash8.96
Book Value$21.81 per share
Price / Book2.19
Profitability
EPS (Most Recent Fiscal Year)$2.14
Net Income$153.92 million
Net Margins34.37%
Return on Equity11.91%
Return on Assets5.15%
Miscellaneous
Employees1,073
Outstanding Shares24,170,000
Market Cap$1.17 billion
OptionableN/A
