MGRC Q1 2022 Earnings — McGrath RentCorp Revenue & Financial Results | Market Cap Arena

MGRCMcGrath RentCorp

$3B

Q1 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$125M+3.2% YoY

Gross Profit

$50M40.2% margin

Operating Income

$25M20.3% margin

Net Income

$19M15.0% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

-28.9%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$865M

Stockholders' Equity

$738M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$125M	$121M	+3.2%
Gross Profit	$50M	$57M	-11.9%
Operating Income	$25M	$24M	+6.2%
Net Income	$19M	$17M	+8.0%

Revenue Segments

Mobile Modular

$91M62%

Trs Ren Telco

$33M23%

Adler Tanks

$20M14%

Enviroplex

$917,0001%