McGrath RentCorp (MGRC) financial statements (2021 and earlier)

Company profile

Business Address 5700 LAS POSITAS RD
LIVERMORE, CA 94551
State of Incorp. CA
Fiscal Year End December 31
SIC 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1223111
Cash and cash equivalents1223111
Receivables39373230282521
Total current assets:40403433292622
Noncurrent Assets
Operating lease, right-of-use asset810
Property, plant and equipment136131127119112110109
Intangible assets, net (including goodwill)35363536363738
Goodwill28282828282828
Intangible assets, net (excluding goodwill)77789910
Total noncurrent assets:180177162155149147147
Other undisclosed assets1,0561,0941,022961951980947
TOTAL ASSETS:1,2761,3101,2171,1481,1281,1531,116
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt216      
Deferred income tax liabilities216 
Total noncurrent liabilities:216      
Other undisclosed liabilities377676646624734773692
Total liabilities:593676646624734773692
Stockholders' equity
Stockholders' equity attributable to parent683634572524394380425
Common stock106106104103102101106
Accumulated other comprehensive loss(0)(0)(0)(0)(0)(0)(0)
Retained earnings576528468421293279318
Total stockholders' equity:683634572524394380425
TOTAL LIABILITIES AND EQUITY:1,2761,3101,2171,1481,1281,1531,116

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues573570498462424405408
Revenue, net92745572
Operating lease, lease income400408
Operating leases, income statement, lease revenue402
Cost of revenue(309)(304)(265)(256)(240)(228)(226)
Cost of goods and services sold(81)(68)(59)(256)(240)(228)(178)
Other cost of operating revenue(74)(79)(69)   (57)
Gross profit:264266233206184177182
Operating expenses(123)(125)(116)(112)(105)(100)(99)
Other undisclosed operating income      2
Operating income:14114111795797785
Nonoperating income (expense)
(Foreign Currency Transaction Gain (Loss), before Tax)
00(0)0(0)(0)(0)
Interest and debt expense(9)(12)(12)(12)(12)(10) 
Other undisclosed loss from continuing operations before equity method investments, income taxes      (8)
Income from continuing operations before income taxes:13212910583676677
Income tax expense (benefit)(30)(32)(25)70(29)(26)(31)
Net income available to common stockholders, diluted:1029779154384046

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1029779154384046
Other comprehensive income (loss)(0)(0)0(0)00(0)
Comprehensive income:1029780154384146
Other undisclosed comprehensive loss, net of tax, attributable to parent      (0)
Comprehensive income, net of tax, attributable to parent:1029780154384146

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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