McGRATH RENTCORP
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $498.3M | $462.0M | $424.1M | $404.5M | $408.1M | $379.5M | $364.0M | $342.7M |
| Cost of Revenue | $265.1M | $255.7M | $239.9M | $227.6M | $225.9M | $210.5M | $195.8M | $175.9M |
| Gross Profit | $233.3M | $206.3M | $184.2M | $176.9M | $182.2M | $169.0M | $168.3M | $166.8M |
| Gross Margin | 46.8% | 44.7% | 43.4% | 43.7% | 44.6% | 44.5% | 46.2% | 48.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $115.8M | $111.6M | $104.9M | $100.0M | $96.9M | $88.8M | $86.3M | $78.1M |
| Operating Income | $117.5M | $94.7M | $79.3M | $77.0M | $85.4M | $80.3M | $82.0M | $88.7M |
| Operating Margin | 23.6% | 20.5% | 18.7% | 19.0% | 20.9% | 21.1% | 22.5% | 25.9% |
| Interest Expense | $12.3M | $11.6M | $12.2M | $10.1M | $9.3M | $8.7M | $9.1M | $7.6M |
| Pretax Income | $104.7M | $83.5M | $66.9M | $66.4M | $76.6M | $71.4M | $72.9M | $81.1M |
| Income Tax Expense | $25.3M | $-70.5M | $28.7M | $25.9M | $30.9M | $28.0M | $28.1M | $31.5M |
| Net Income | $79.4M | $153.9M | $38.3M | $40.5M | $45.7M | $43.4M | $44.8M | $49.6M |
| Net Margin | 15.9% | 33.3% | 9.0% | 10.0% | 11.2% | 11.4% | 12.3% | 14.5% |
| EPS (Basic) | $3.29 | $6.41 | $1.60 | $1.60 | $1.77 | $1.71 | $1.80 | $2.04 |
| EPS (Diluted) | $3.24 | $6.34 | $1.60 | $1.59 | $1.75 | $1.67 | $1.78 | $2.00 |
| Shares Outstanding (Basic) | 24.1M | 24.0M | 23.9M | 25.4M | 25.9M | 25.4M | 24.8M | 24.3M |
| Shares Outstanding (Diluted) | 24.5M | 24.3M | 24.0M | 25.5M | 26.2M | 25.9M | 25.2M | 24.8M |
| Dividends Per Share | $1.36 | $1.04 | $1.02 | $1.00 | $0.98 | $0.96 | $0.94 | $0.92 |