McGrath RentCorp (McGrath RentCorp) Pre-Tax Income : $166.7 Mil (TTM As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is McGrath RentCorp Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. McGrath RentCorp's pretax income for the three months ended in Mar. 2024 was $29.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $166.7 Mil. McGrath RentCorp's pretax margin was 15.92%.

During the past 13 years, McGrath RentCorp's highest Pretax Margin was 23.06%. The lowest was 15.78%. And the median was 19.89%.

McGrath RentCorp Pre-Tax Income Historical Data

The historical data trend for McGrath RentCorp's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McGrath RentCorp Pre-Tax Income Chart

McGrath RentCorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

Get a 7-Day Free Trial

129.13

132.04

115.81

134.69

149.46

McGrath RentCorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															12.63	37.62	55.52	43.69	29.90

Competitive Comparison of McGrath RentCorp's Pre-Tax Income

For the Rental & Leasing Services subindustry, McGrath RentCorp's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

McGrath RentCorp's Pre-Tax Income Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McGrath RentCorp's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where McGrath RentCorp's Pre-Tax Income falls into.

McGrath RentCorp Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

McGrath RentCorp's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	189.712	+	0.31	+	-40.56	+	0	+	0
	=	149.5

McGrath RentCorp's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	42.731	+	-0.132	+	-12.704	+	0	+	0
	=	29.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $166.7 Mil.

McGrath RentCorp (NAS:MGRC) Pre-Tax Income Explanation

McGrath RentCorp's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	29.895	/	187.827
	=	15.92%

During the past 13 years, McGrath RentCorp's highest Pretax Margin was 23.06%. The lowest was 15.78%. And the median was 19.89%.

McGrath RentCorp Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of McGrath RentCorp's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

McGrath RentCorp (McGrath RentCorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McGrath RentCorp (NAS:MGRC) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

MG8:Germany

Address

5700 Las Positas Road, Livermore, CA, USA, 94551-7800

Website

https://www.mgrc.com

McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.

Executives

Trease Kristina Van	officer: VP & Division Manager	5700 LAS POSITAS ROAD, LIVERMORE CA 94551
David M Whitney	officer: VP, Controller, PAO	5700 LOS POSITAS ROAD, LIVERMORE CA 94551
Elizabeth A Fetter	director	1400 MARINA WAY SOUTH, RICHMOND CA 94804
Philip B Hawkins	officer: VP & Division Manager	5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Tara Wescott	officer: Vice President Human Resources	C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John Lieffrig	officer: VP & Division Manager	C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John P Skenesky	officer: VP and Division Manager	5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Gilda Malek	officer: VP, Legal General Counsel	C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Dennis P Stradford	director
Kimberly Ann Box	director	7157 TREELINE CT., GRANITE BAY CA 95746
Nicolas C Anderson	director	3100 ZINFANDEL DRIVE, STE. 450, RANCHO CORDOVA CA 95670
Stuart Templeton Porter	officer: VP & Division Manager	C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Kay Dashner	officer: Senior Human Resources Advisor	5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Morris Richard Smith	director	1225 17TH STREET, SUITE 1300, DENVER CO 80202
Smita Conjeevaram	director	70 HERETOLD ROAD, BRONXVILLE NY 17708