MGRC Q3 2021 Earnings — McGrath RentCorp Revenue & Financial Results | Market Cap Arena

MGRCMcGrath RentCorp

$3B

Q3 2021 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$173M+10.8% YoY

Gross Profit

$76M43.7% margin

Operating Income

$36M20.7% margin

Net Income

$23M13.4% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+18.3%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$8M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$898M

Stockholders' Equity

$712M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$173M	$156M	+10.8%
Gross Profit	$76M	$68M	+11.1%
Operating Income	$36M	$37M	-3.8%
Net Income	$23M	$28M	-17.3%

Revenue Segments

Mobile Modular

$110M64%

Trs Ren Telco

$35M20%

Adler Tanks

$22M13%

Enviroplex

$6M3%