McGrath RentCorp
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
19.81
Price/Sales ratio
3.22
Earnings per Share (EPS)
$6.13

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
20.3315.7924.487.3215.6519.1715.8921.6620.8816.7612.0919.17
Price/Sales ratio
2.271.572.202.442.493.252.833.153.273.513.062.49
Price/Book Value ratio
2.181.682.372.152.172.922.372.652.993.132.482.17
Price/Cash Flow ratio
7.554.426.609.218.719.878.989.9312.3630.698.669.87
Price/Free Cash Flow ratio
-22.15152.3717.9585.45316.06226.0420.1424.63-221.13-16.41109.68226.04
Price/Earnings Growth ratio
5.79-1.64N/A0.02-0.320.902.75-1.750.750.3220.08-0.32
Dividend Yield
2.74%4.03%2.61%2.20%2.48%1.91%2.45%2.17%1.84%1.55%1.70%1.91%
Profitability Indicator Ratios
Gross Profit Margin
44.64%43.73%43.42%44.66%46.80%46.67%46.06%45.55%45.91%47.32%47.38%46.80%
Operating Profit Margin
20.91%19.02%18.68%20.50%23.57%24.79%24.58%21.46%22.56%22.80%25.60%23.57%
Pretax Profit Margin
18.75%16.40%15.78%18.06%21.00%22.64%23.06%19.73%20.44%17.96%34.35%21.00%
Net Profit Margin
11.19%10.00%9.01%33.31%15.93%16.97%17.81%14.54%15.69%20.99%25.29%15.93%
Effective Tax Rate
40.29%39.03%42.85%-84.44%24.15%25.02%22.76%26.32%23.25%25.16%26.38%24.15%
Return on Assets
4.09%3.51%3.39%13.40%6.52%7.39%7.99%5.62%6.74%7.87%9.83%6.52%
Return On Equity
10.76%10.65%9.70%29.36%13.89%15.26%14.94%12.25%14.32%18.7%22.90%13.89%
Return on Capital Employed
8.40%7.36%7.82%9.26%10.91%12.33%12.55%9.45%11.30%9.00%11.51%10.91%
Liquidity Ratios
Current Ratio
2.011.891.571.511.691.611.07N/AN/AN/A0.811.61
Quick Ratio
1.431.251.061.041.090.790.800.821.032.040.730.79
Cash ratio
0.010.010.000.010.010.010.000.000.000.000.010.01
Days of Sales Outstanding
90.5985.7283.3883.6388.6381.9978.6194.3884.5299.7692.2088.63
Days of Inventory outstanding
0.00-46.04-38.92-32.06-43.800.000.000.00-55.01N/A17.39-43.80
Operating Cycle
90.5939.6844.4551.5744.8281.9978.6194.3829.5099.76109.6044.82
Days of Payables Outstanding
115.29115.35118.97123.34125.08119.11118.25136.20128.38127.2359.51119.11
Cash Conversion Cycle
-24.70-75.66-74.52-71.77-80.25-37.11-39.63-41.82-98.87-27.4650.09-80.25
Debt Ratios
Debt Ratio
0.280.330.280.260.240.220.170.260.240.340.260.24
Debt Equity Ratio
0.751.000.820.570.520.460.320.580.510.810.550.52
Long-term Debt to Capitalization
0.430.500.450.360.340.310.240.360.330.440.350.34
Total Debt to Capitalization
0.430.500.450.360.340.310.240.360.330.440.350.34
Interest Coverage Ratio
9.197.626.498.159.5511.4616.01N/AN/AN/A4.5011.46
Cash Flow to Debt Ratio
0.380.370.430.400.470.640.810.450.460.120.510.47
Company Equity Multiplier
2.623.032.862.182.122.061.862.182.122.372.082.06
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.300.350.330.260.280.320.310.310.260.110.350.28
Free Cash Flow / Operating Cash Flow Ratio
-0.340.020.360.100.020.040.440.40-0.05-1.870.070.02
Cash Flow Coverage Ratio
0.380.370.430.400.470.640.810.450.460.120.510.47
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
55.89%63.69%63.91%16.16%38.96%36.71%38.99%47.02%38.44%26.08%20.67%36.71%