MGRC Q4 2022 Earnings — McGrath RentCorp Revenue & Financial Results | Market Cap Arena

MGRCMcGrath RentCorp

$3B

Q4 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$183M+4.0% YoY

Gross Profit

$81M44.1% margin

Operating Income

$53M28.8% margin

Net Income

$40M21.7% margin

EPS (Diluted)

$1.62

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

-$3M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$904M

Stockholders' Equity

$804M

Cash & Equivalents

$957,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$183M	$176M	+4.0%
Gross Profit	$81M	$82M	-2.0%
Operating Income	$53M	$43M	+22.7%
Net Income	$40M	$28M	+39.4%

Revenue Segments

Mobile Modular

$134M65%

Trs Ren Telco

$41M20%

Adler Tanks

$28M14%

Enviroplex

$1M1%