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McGrath RentCorp (FRA:MG8) Market Cap : €2,480.8 Mil (As of May. 15, 2024)


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What is McGrath RentCorp Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). McGrath RentCorp's share price for the quarter that ended in Mar. 2024 was €112. McGrath RentCorp's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 24.5 Mil. Therefore, McGrath RentCorp's market cap for the quarter that ended in Mar. 2024 was €2,748.6 Mil.

McGrath RentCorp's quarterly market cap increased from Sep. 2023 (€2,314.2 Mil) to Dec. 2023 (€2,621.1 Mil) and increased from Dec. 2023 (€2,621.1 Mil) to Mar. 2024 (€2,748.6 Mil).

McGrath RentCorp's annual market cap increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€2,229.8 Mil) and increased from Dec. 2022 (€2,229.8 Mil) to Dec. 2023 (€2,621.1 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. McGrath RentCorp's Enterprise Value for Today is €3,218.9 Mil.


McGrath RentCorp Market Cap Historical Data

The historical data trend for McGrath RentCorp's Market Cap 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 Market Cap Chart

McGrath RentCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2,229.79 2,621.07

McGrath RentCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,034.35 2,117.95 2,314.21 2,621.07 2,748.59

Competitive Comparison of McGrath RentCorp's Market Cap

For the Rental & Leasing Services subindustry, McGrath RentCorp's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McGrath RentCorp's Market Cap distribution charts can be found below:

* The bar in red indicates where McGrath RentCorp's Market Cap falls into.



McGrath RentCorp Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€107*24.496
=€2,621.1

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

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€112*24.541
=€2,748.6

* 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.


McGrath RentCorp  (FRA:MG8) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


McGrath RentCorp Market Cap Related Terms

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McGrath RentCorp (FRA:MG8) Business Description

Traded in Other Exchanges
Address
5700 Las Positas Road, Livermore, CA, USA, 94551-7800
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.

McGrath RentCorp (FRA:MG8) Headlines

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