McGrath Pretax Profit Margin from 2010 to 2024

MGRC Stock  USD 120.00  1.62  1.33%   
McGrath RentCorp's Pretax Profit Margin is decreasing over the years with very volatile fluctuation. Overall, Pretax Profit Margin is expected to go to 0.28 this year. During the period from 2010 to 2024 McGrath RentCorp Pretax Profit Margin annual values regression line had geometric mean of  0.21 and mean square error of  0. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.17967595
Current Value
0.28
Quarterly Volatility
0.03954833
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check McGrath RentCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McGrath RentCorp's main balance sheet or income statement drivers, such as Interest Expense of 42.6 M, Total Revenue of 873.4 M or Gross Profit of 413.3 M, as well as many indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.02 or PTB Ratio of 1.93. McGrath financial statements analysis is a perfect complement when working with McGrath RentCorp Valuation or Volatility modules.
  
Check out the analysis of McGrath RentCorp Correlation against competitors.
For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.

Latest McGrath RentCorp's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of McGrath RentCorp over the last few years. It is McGrath RentCorp's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McGrath RentCorp's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Very volatile
   Pretax Profit Margin   
       Timeline  

McGrath Pretax Profit Margin Regression Statistics

Arithmetic Mean0.21
Geometric Mean0.21
Coefficient Of Variation18.88
Mean Deviation0.03
Median0.20
Standard Deviation0.04
Sample Variance0
Range0.14
R-Value(0.04)
Mean Square Error0
R-Squared0
Significance0.88
Slope(0.0004)
Total Sum of Squares0.02

McGrath Pretax Profit Margin History

2024 0.28
2019 0.23
2018 0.21
2017 0.18
2015 0.16
2013 0.19
2012 0.2

About McGrath RentCorp Financial Statements

McGrath RentCorp stakeholders use historical fundamental indicators, such as McGrath RentCorp's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although McGrath RentCorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in McGrath RentCorp's assets and liabilities are reflected in the revenues and expenses on McGrath RentCorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in McGrath RentCorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.18  0.28 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether McGrath RentCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McGrath RentCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mcgrath Rentcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcgrath Rentcorp Stock:
Check out the analysis of McGrath RentCorp Correlation against competitors.
For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McGrath RentCorp. If investors know McGrath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McGrath RentCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.688
Dividend Share
1.89
Earnings Share
9.15
Revenue Per Share
36.237
Quarterly Revenue Growth
0.095
The market value of McGrath RentCorp is measured differently than its book value, which is the value of McGrath that is recorded on the company's balance sheet. Investors also form their own opinion of McGrath RentCorp's value that differs from its market value or its book value, called intrinsic value, which is McGrath RentCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McGrath RentCorp's market value can be influenced by many factors that don't directly affect McGrath RentCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McGrath RentCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if McGrath RentCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McGrath RentCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.