McGrath RentCorp
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. McGrath RentCorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $831,842,000. The net income raised on $174,621,000 and profit margin reached 21%. Total operating expenses were $203,921,000.
Profit Margin
| 2014 | 408.12M | 45.70M | 11.2% |
|---|---|---|---|
| 2015 | 404.54M | 40.47M | 10% |
| 2016 | 424.08M | 38.25M | 9.02% |
| 2017 | 462.03M | 153.92M | 33.31% |
| 2018 | 498.33M | 79.40M | 15.93% |
| 2019 | 570.23M | 96.80M | 16.98% |
| 2020 | 572.55M | 101.98M | 17.81% |
| 2021 | 616.83M | 89.70M | 14.54% |
| 2022 | 733.82M | 115.13M | 15.69% |
| 2023 | 831.84M | 174.62M | 20.99% |
MGRC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 831.84M | 733.82M | 616.83M | 572.55M | 570.23M | 498.33M | 462.03M | 424.08M | 404.54M | 408.12M |
Cost of revenue | 438.20M | 396.91M | 335.81M | 308.80M | 304.06M | 265.07M | 255.68M | 239.91M | 227.63M | 225.90M |
Gross profit | 393.63M | 336.90M | 281.02M | 263.74M | 266.16M | 233.25M | 206.34M | 184.16M | 176.90M | 182.21M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 5.9M | 5M | 5.1M | 3.9M | 3.6M | 3.2M | 2.9M | 2.9M | 2.8M | 2.4M |
Total operating expenses | 203.92M | 171.34M | 148.6M | 122.99M | 124.79M | 115.77M | 111.60M | 104.90M | 99.95M | 96.85M |
Operating income | 189.71M | 165.56M | 132.42M | 140.75M | 141.37M | 117.48M | 94.74M | 79.25M | 76.95M | 85.36M |
Other income (expenses), net | -40.25M | -15.54M | -10.66M | -8.70M | -12.24M | -489K | -11.28M | -121K | -10.58M | -8.79M |
Income before tax | 149.46M | 150.02M | 121.75M | 132.04M | 129.12M | 104.69M | 83.45M | 66.93M | 66.37M | 76.56M |
Income tax expense | 37.61M | 34.88M | 32.05M | 30.06M | 32.31M | 25.28M | -70.46M | 28.68M | 25.90M | 30.85M |
Net income | 174.62M | 115.13M | 89.70M | 101.98M | 96.80M | 79.40M | 153.92M | 38.25M | 40.47M | 45.70M |
Earnings per share | ||||||||||
Basic EPS | 7.14 | 4.73 | 3.7 | 4.22 | 3.99 | 3.29 | 6.41 | 1.6 | 1.6 | 1.77 |
Diluted EPS | 7.12 | 4.7 | 3.66 | 4.16 | 3.93 | 3.24 | 6.34 | 1.6 | 1.59 | 1.75 |
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