McGrath Net Profit Margin vs Operating Profit Margin Analysis
| MGRC Stock | USD 119.46 1.49 1.26% |
McGrath RentCorp financial indicator trend analysis is infinitely more than just investigating McGrath RentCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McGrath RentCorp is a good investment. Please check the relationship between McGrath RentCorp Net Profit Margin and its Operating Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McGrath RentCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.
Net Profit Margin vs Operating Profit Margin
Net Profit Margin vs Operating Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McGrath RentCorp Net Profit Margin account and Operating Profit Margin. At this time, the significance of the direction appears to have weak relationship.
The correlation between McGrath RentCorp's Net Profit Margin and Operating Profit Margin is 0.3. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of McGrath RentCorp, assuming nothing else is changed. The correlation between historical values of McGrath RentCorp's Net Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of McGrath RentCorp are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Net Profit Margin i.e., McGrath RentCorp's Net Profit Margin and Operating Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.3 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Operating Profit Margin
Most indicators from McGrath RentCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McGrath RentCorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McGrath RentCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.At present, McGrath RentCorp's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.94, whereas Tax Provision is forecasted to decline to about 21.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 281.0M | 336.9M | 393.6M | 413.3M | Total Revenue | 616.8M | 733.8M | 831.8M | 873.4M |
McGrath RentCorp fundamental ratios Correlations
Click cells to compare fundamentals
McGrath RentCorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
McGrath RentCorp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.3B | 1.3B | 1.6B | 1.7B | 2.2B | 2.3B | |
| Total Stockholder Equity | 634.0M | 682.6M | 732.0M | 803.9M | 933.8M | 980.5M | |
| Retained Earnings | 527.7M | 576.4M | 623.5M | 693.9M | 822.8M | 863.9M | |
| Non Current Assets Total | 1.2B | 1.2B | 1.4B | 1.5B | 2.0B | 2.1B | |
| Non Currrent Assets Other | 45.4M | 41.5M | 54.9M | (175.5M) | 88.0M | 92.4M | |
| Common Stock Shares Outstanding | 24.6M | 24.5M | 24.5M | 24.5M | 24.5M | 22.0M | |
| Liabilities And Stockholders Equity | 1.3B | 1.3B | 1.6B | 1.7B | 2.2B | 2.3B | |
| Non Current Liabilities Total | 511.7M | 438.8M | 668.9M | 660.7M | 1.2B | 1.2B | |
| Other Stockholder Equity | 106.4M | 106.3M | 108.6M | 110.1M | (1.0) | (0.95) | |
| Total Liab | 675.8M | 593.1M | 863.9M | 903.9M | 1.3B | 1.3B | |
| Short Long Term Debt Total | 303.4M | 231.0M | 437.4M | 425.3M | 763.0M | 801.1M | |
| Total Current Liabilities | 164.1M | 154.3M | 195.0M | 243.2M | 111.4M | 130.9M | |
| Property Plant And Equipment Net | 1.1B | 1.1B | 1.2B | 1.3B | 1.5B | 1.6B | |
| Net Debt | 291.1M | 221.5M | 425.0M | 412.8M | 762.1M | 800.2M | |
| Accounts Payable | 99.2M | 100.0M | 125.3M | 149.2M | 152.8M | 160.4M | |
| Cash | 2.3M | 1.2M | 1.5M | 957K | 877K | 1.1M | |
| Cash And Short Term Investments | 2.3M | 1.2M | 1.5M | 957K | 877K | 1.1M | |
| Net Receivables | 128.1M | 123.3M | 159.5M | 190.0M | 227.4M | 238.7M | |
| Property Plant And Equipment Gross | 1.1B | 1.1B | 1.8B | 2.0B | 2.2B | 2.3B | |
| Total Current Assets | 130.4M | 124.6M | 161.0M | 191.0M | 228.2M | 239.7M | |
| Accumulated Other Comprehensive Income | (70K) | (104K) | (54K) | (78K) | (116K) | (121.8K) | |
| Other Current Liab | 109.2M | 108.3M | 136.3M | 160.8M | (152.8M) | (145.1M) | |
| Short Term Debt | 9.9M | 8.3M | 11.0M | 11.6M | 6.9M | 6.5M | |
| Common Stock Total Equity | 106.4M | 106.3M | 108.6M | 110.1M | 126.6M | 76.6M | |
| Common Stock | 106.4M | 106.3M | 108.6M | 110.1M | 111.1M | 73.5M | |
| Other Liab | 273.2M | 262.1M | 301.1M | 329.3M | 378.7M | 397.7M | |
| Other Assets | 967.5M | 979.7M | 1.1B | 1.2B | 1.4B | 1.4B | |
| Long Term Debt | 293.4M | 222.8M | 426.5M | 413.7M | 763.0M | 801.1M | |
| Property Plant Equipment | 131.0M | 136.2M | 1.1B | 1.1B | 1.3B | 1.4B | |
| Current Deferred Revenue | 55.0M | 46.0M | 58.7M | 82.4M | 111.4M | 117.0M | |
| Intangible Assets | 7.3M | 7.1M | 47.0M | 41.1M | 64.6M | 67.8M | |
| Net Tangible Assets | 598.5M | 647.3M | 552.6M | 630.5M | 725.1M | 506.2M | |
| Retained Earnings Total Equity | 527.7M | 576.4M | 623.5M | 693.9M | 798.0M | 436.1M | |
| Long Term Debt Total | 293.4M | 222.8M | 426.5M | 413.7M | 475.8M | 355.4M | |
| Inventory | (22.5M) | (31.8M) | 2.0 | (59.8M) | (53.8M) | (51.2M) | |
| Deferred Long Term Liab | 273.2M | 262.1M | 301.1M | 329.3M | 378.7M | 278.0M | |
| Other Current Assets | 35.5M | 33.2M | 43.9M | 59.8M | 68.8M | 36.2M | |
| Net Invested Capital | 927.5M | 905.4M | 1.2B | 1.2B | 1.7B | 1.2B |
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McGrath RentCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.