MGRC Q3 2022 Earnings — McGrath RentCorp Revenue & Financial Results | Market Cap Arena

MGRCMcGrath RentCorp

$3B

Q3 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$174M+0.6% YoY

Gross Profit

$69M39.6% margin

Operating Income

$40M23.0% margin

Net Income

$31M17.5% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

+13.7%

Cash Flow

Operating Cash Flow

$51M

Free Cash Flow

$12M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$905M

Stockholders' Equity

$773M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$174M	$173M	+0.6%
Gross Profit	$69M	$76M	-8.8%
Operating Income	$40M	$36M	+11.6%
Net Income	$31M	$23M	+31.5%

Revenue Segments

Mobile Modular

$126M61%

Trs Ren Telco

$39M19%

Adler Tanks

$26M13%

Enviroplex

$16M8%