RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
McGrath Rent Stock

McGrath Rent ROE 2024

McGrath Rent ROE

0.19

Ticker

MGRC

ISIN

US5805891091

WKN

919322

In 2024, McGrath Rent's return on equity (ROE) was 0.19, a 30.61% increase from the 0.14 ROE in the previous year.

McGrath Rent Aktienanalyse

What does McGrath Rent do?

McGrath RentCorp is an American company specializing in the rental of mobile offices, storage units, modular space, and sanitary technology for industrial and commercial use. It has three main subsidiaries, Mobile Modular, TRS-RenTelco, and Adler Tank Rentals, which cater to different niche segments. McGrath RentCorp is a leading provider in the industry with over 100 locations in the US and Canada. Its business model revolves around providing fast, efficient, and cost-effective rental solutions for construction companies, government agencies, schools, oil and gas companies, and industrial and commercial businesses. The company offers a wide range of products including mobile offices, classrooms, medical facilities, sanitary units, modular buildings, and large tanks for fluid and solid storage. McGrath RentCorp also operates internationally with locations in Canada, Guam, and the Philippines. McGrath Rent ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding McGrath Rent's Return on Equity (ROE)

McGrath Rent's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing McGrath Rent's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

McGrath Rent's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in McGrath Rent’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about McGrath Rent stock

What is the ROE (Return on Equity) of McGrath Rent this year?

The ROE of McGrath Rent this year is 0.19 undefined.

How has the Return on Equity (ROE) of McGrath Rent developed compared to the previous year?

The ROE of McGrath Rent has increased by 30.61% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of McGrath Rent?

A high ROE indicates that McGrath Rent generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of McGrath Rent?

A low ROE can indicate that McGrath Rent is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of McGrath Rent affect the company?

A change in ROE (Return on Equity) of McGrath Rent can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of McGrath Rent?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of McGrath Rent?

Some factors that can influence McGrath Rent's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does McGrath Rent pay?

Over the past 12 months, McGrath Rent paid a dividend of 2.32 USD . This corresponds to a dividend yield of about 1.98 %. For the coming 12 months, McGrath Rent is expected to pay a dividend of 2.49 USD.

What is the dividend yield of McGrath Rent?

The current dividend yield of McGrath Rent is 1.98 %.

When does McGrath Rent pay dividends?

McGrath Rent pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of McGrath Rent?

McGrath Rent paid dividends every year for the past 33 years.

What is the dividend of McGrath Rent?

For the upcoming 12 months, dividends amounting to 2.49 USD are expected. This corresponds to a dividend yield of 2.13 %.

In which sector is McGrath Rent located?

McGrath Rent is assigned to the 'Industry' sector.

Wann musste ich die Aktien von McGrath Rent kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of McGrath Rent from 10/31/2024 amounting to 0.475 USD, you needed to have the stock in your portfolio before the ex-date on 10/17/2024.

When did McGrath Rent pay the last dividend?

The last dividend was paid out on 10/31/2024.

What was the dividend of McGrath Rent in the year 2023?

In the year 2023, McGrath Rent distributed 2.235 USD as dividends.

In which currency does McGrath Rent pay out the dividend?

The dividends of McGrath Rent are distributed in USD.

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Andere Kennzahlen von McGrath Rent

Our stock analysis for McGrath Rent Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of McGrath Rent Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.