MGRC FY 2023 Earnings — McGrath RentCorp Revenue & Financial Results | Market Cap Arena

MGRCMcGrath RentCorp

$3B

FY 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$832M+30.9% YoY

Gross Profit

$394M47.3% margin

Operating Income

$190M22.8% margin

Net Income

$175M21.0% margin

EPS (Diluted)

$7.12

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

-$178M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.3B

Stockholders' Equity

$934M

Cash & Equivalents

$877,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$832M	$636M	+30.9%
Gross Profit	$394M	$259M	+51.8%
Operating Income	$190M	$151M	+25.3%
Net Income	$175M	$115M	+51.7%