MGRC Q2 2020 Earnings — McGrath RentCorp Revenue & Financial Results | Market Cap Arena

MGRCMcGrath RentCorp

$3B

Q2 2020 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$138M+8.0% YoY

Gross Profit

$63M45.9% margin

Operating Income

$33M23.7% margin

Net Income

$23M16.4% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$26M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$669M

Stockholders' Equity

$644M

Cash & Equivalents

$694,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$138M	$127M	+8.0%
Gross Profit	$63M	$60M	+5.6%
Operating Income	$33M	$29M	+12.5%
Net Income	$23M	$19M	+15.7%

Revenue Segments

Mobile Modular

$77M55%

Trs Ren Telco

$33M24%

Adler Tanks

$19M13%

Enviroplex

$11M8%