McGrath RentCorp (MGRC) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2231112
Cash and cash equivalents2231112
Receivables37323028252119
Total current assets:40343329262221
Noncurrent Assets
Operating lease, right-of-use asset10
Property, plant and equipment131127119112110109105
Intangible assets, net (including goodwill)36353636373838
Goodwill28282828282828
Intangible assets, net (excluding goodwill)778991011
Total noncurrent assets:177162155149147147144
Other undisclosed assets1,0941,022961951980947855
TOTAL ASSETS:1,3101,2171,1481,1281,1531,1161,020
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities676646624734773692619
Total liabilities:676646624734773692619
Stockholders' equity
Stockholders' equity attributable to parent634572524394380425401
Common stock106104103102101106103
Accumulated other comprehensive loss(0)(0)(0)(0)(0)(0)(0)
Retained earnings528468421293279318298
Total stockholders' equity:634572524394380425401
TOTAL LIABILITIES AND EQUITY:1,3101,2171,1481,1281,1531,1161,020

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues570498462424405408379
Revenue, net9274557268
Operating lease, lease income408
Operating leases, income statement, lease revenue402
Cost of revenue(304)(265)(256)(240)(228)(226)(210)
Cost of goods and services sold(68)(59)(256)(240)(228)(178)(210)
Other cost of operating revenue(79)(69)   (57) 
Gross profit:266233206184177182169
Operating expenses(125)(116)(112)(105)(100)(99)(147)
Other undisclosed operating income     258
Operating income:1411179579778580
Nonoperating income (expense)
(Foreign Currency Transaction Gain (Loss), before Tax)
0(0)0(0)(0)(0) 
Interest and debt expense(12)(12)(12)(12)(10) (9)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (8) 
Income from continuing operations before income taxes:1291058367667771
Income tax expense (benefit)(32)(25)70(29)(26)(31)(28)
Net income available to common stockholders, diluted:977915438404643

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:977915438404643
Other comprehensive income (loss)(0)0(0)00(0) 
Comprehensive income:978015438414643
Other undisclosed comprehensive loss, net of tax, attributable to parent     (0)(0)
Comprehensive income, net of tax, attributable to parent:978015438414643

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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