McGrath RentCorp Ratios | P/E, ROE & Valuation

On the Key Ratios page for McGrath RentCorp (MGRC), the latest P/E of 17.6 frames valuation, while ROE 12.44% and ROIC 8.06% indicates profitability and capital efficiency. Together with the current ratio of 0.40 and debt-to-equity 0.47, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

MGRC Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$38.11$37.12$34.00$26.10$25.47$23.70$23.51$20.64$19.25$17.74
Net Income per Share$6.24$9.44$7.14$4.73$3.70$4.22$3.99$3.29$6.41$1.60
Operating Cash Flow per Share$10.28$15.26$3.90$7.98$8.08$7.47$7.75$5.91$5.10$5.93
Free Cash Flow per Share$8.56$13.62$-7.29$-0.45$3.26$3.33$0.34$0.16$0.55$2.18
Cash per Share$0.18$0.03$0.04$0.04$0.06$0.05$0.10$0.06$0.10$0.04
Book Value per Share$50.88$45.78$38.16$33.01$30.22$28.26$26.15$23.67$21.84$16.50
Tangible Book Value per Share$35.40$30.39$22.31$27.19$22.81$26.80$24.68$22.22$20.36$14.97
Interest Debt per Share$25.25$26.49$33.44$17.97$18.49$9.93$13.02$12.88$13.13$14.16
CAPEX per Share$1.72$1.64$11.18$8.43$4.82$4.14$7.41$5.75$4.55$3.75

MGRC Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)17.611.8416.7620.8821.6715.8919.1715.657.3324.49
Price to Book (P/B)2.152.443.132.992.662.372.932.172.152.38
Price to Sales (P/S)2.873.013.523.783.152.833.252.492.442.21
Enterprise Value to EBITDA9.367.1412.3710.959.967.869.347.748.237.87
EV to Sales3.493.674.454.453.863.233.783.093.092.98
EV to Operating Cash Flow12.958.9438.8514.5512.1610.2511.4710.7911.678.9
EV to Free Cash Flow15.5610.01-20.77-260.1630.1623262.71391.62108.2724.19
Enterprise Value$3.26B$3.35B$3.70B$2.83B$2.38B$1.85B$2.16B$1.54B$1.43B$1.26B

MGRC Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)12.44%20.63%18.70%14.32%12.25%14.94%15.27%13.89%29.36%9.70%
Return on Invested Capital (ROIC)8.06%8.41%6.71%7.40%6.57%9.15%8.65%7.83%16.31%4.26%
Return on Tangible Assets7.20%12.01%9.28%7.35%6.27%8.14%7.51%6.65%13.72%3.46%
Earnings Yield5.70%8.44%5.97%4.79%4.61%6.29%5.22%6.39%13.65%4.08%
Free Cash Flow Yield7.84%12.18%-6.09%-0.45%4.06%4.96%0.44%0.32%1.17%5.57%
Dividend Yield1.79%1.70%1.56%1.84%2.17%2.45%1.91%2.49%2.21%2.61%

MGRC Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.41.351.361.131.181.151.191.351.251.25
Interest Coverage8.425.174.6812.3812.6716.0211.469.558.156.49
Income Quality1.651.620.551.692.181.771.941.80.83.71
Debt to Equity0.470.540.830.530.60.340.480.520.580.83
Debt to Assets23.57%26.13%34.28%24.91%27.17%17.94%22.92%24.30%26.21%28.58%
Net Debt to EBITDA1.681.292.591.641.820.981.31.491.732.03

MGRC Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover3.894.153.663.743.874.644.454.124.364.38
Payables Turnover6.737.912.872.72.83.093.062.922.963.07
Inventory Turnover32.6633.2400000000
Days Sales Outstanding93.9187.8999.7797.5894.3878.618288.6483.6483.38
Days Payables Outstanding54.2346.12127.23135.39130.46118.25119.11125.09123.35118.98
Days of Inventory on Hand11.1810.9800000000

MGRC Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA9.367.1412.3710.959.967.869.347.748.237.87
Market Cap$2.67B$2.74B$2.93B$2.40B$1.94B$1.62B$1.86B$1.24B$1.13B$936.64M
Enterprise Value$3.26B$3.35B$3.70B$2.83B$2.38B$1.85B$2.16B$1.54B$1.43B$1.26B
Dividend Yield1.79%1.70%1.56%1.84%2.17%2.45%1.91%2.49%2.21%2.61%
Payout Ratio31.76%20.18%26.09%38.45%47.02%39.00%36.71%38.96%16.16%63.91%

Frequently Asked Questions

How does McGrath RentCorp’s P/E ratio compare with its history?

On this page, MGRC's current P/E is 17.6, compared with a multi-year average around 17.1. When the current P/E sits near its historical average, the multiple is close to that range. Look at trend direction in profitability and cash-flow rows, plus liquidity and leverage, rather than treating the P/E in isolation.

What is McGrath RentCorp market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $2.67B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does McGrath RentCorp’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with McGrath RentCorp's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does McGrath RentCorp compare to its competitors in key financial ratios?

The fastest way to compare McGrath RentCorp with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see McGrath RentCorp outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do McGrath RentCorp's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that McGrath RentCorp is financially strong. Current ratio is about 0.40, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 8.42, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.47, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do McGrath RentCorp's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If McGrath RentCorp is sustaining strong returns (for example ROE at 12.44% and ROIC at 8.06%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.