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McGrath RentCorp (FRA:MG8) Research & Development : €0.0 Mil (TTM As of Dec. 2024)


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What is McGrath RentCorp Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. McGrath RentCorp's Research & Development for the three months ended in Dec. 2024 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was €0.0 Mil.

McGrath RentCorp Research & Development Historical Data

The historical data trend for McGrath RentCorp's Research & Development 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.

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McGrath RentCorp Research & Development Chart

McGrath RentCorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
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McGrath RentCorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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McGrath RentCorp Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

* 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) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

McGrath RentCorp Research & Development Related Terms

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McGrath RentCorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McGrath RentCorp (FRA:MG8) » Definitions » Research & Development
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Traded in Other Exchanges
MGRC:USA
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 namely Modular building segment (Mobile Modular); Portable storage container segment (Portable Storage); Electronic test equipment segment (TRS-RenTelco); and its classroom manufacturing business selling modular buildings used primarily as 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.

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