McGRATH RENTCORP
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $944.2M | $910.9M | $831.8M | $635.7M | $534.6M | $572.6M | $570.2M |
| Cost of Revenue | — | $489.3M | $475.5M | $438.2M | $345.5M | $287.3M | $308.8M | $304.1M |
| Gross Profit | — | $455.0M | $435.4M | $393.6M | $290.2M | $247.3M | $263.7M | $266.2M |
| Gross Margin | — | 48.2% | 47.8% | 47.3% | 45.7% | 46.3% | 46.1% | 46.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $211.4M | $200.4M | $207.5M | $142.9M | $123.1M | $123.0M | $124.8M |
| Operating Income | — | $243.6M | $244.3M | $189.7M | $147.3M | $124.3M | $140.8M | $141.4M |
| Operating Margin | — | 25.8% | 26.8% | 22.8% | 23.2% | 23.2% | 24.6% | 24.8% |
| Interest Expense | — | $30.6M | $47.2M | $40.6M | $12.2M | $8.2M | $8.8M | $12.3M |
| Pretax Income | — | $213.1M | $313.6M | $149.5M | $134.7M | $115.8M | $132.0M | $129.1M |
| Income Tax Expense | — | $56.8M | $81.9M | $37.6M | $31.4M | $30.7M | $30.1M | $32.3M |
| Net Income | — | $156.3M | $231.7M | $174.6M | $115.1M | $89.7M | $102.0M | $96.8M |
| Net Margin | — | 16.6% | 25.4% | 21.0% | 18.1% | 16.8% | 17.8% | 17.0% |
| EPS (Basic) | — | $6.35 | $9.44 | $7.14 | $4.73 | $3.70 | $4.22 | $3.99 |
| EPS (Diluted) | — | $6.35 | $9.43 | $7.12 | $4.70 | $3.66 | $4.16 | $3.93 |
| Shares Outstanding (Basic) | 24.6M | 24.6M | 24.5M | 24.5M | 24.4M | 24.2M | 24.2M | 24.3M |
| Shares Outstanding (Diluted) | 24.6M | 24.6M | 24.6M | 24.5M | 24.5M | 24.5M | 24.5M | 24.6M |
| Dividends Per Share | — | $1.94 | $1.90 | $1.86 | $1.82 | $1.74 | $1.68 | $1.50 |