RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
McGrath Rent Stock

McGrath Rent ROA 2024

McGrath Rent ROA

0.08

Ticker

MGRC

ISIN

US5805891091

WKN

919322

In 2024, McGrath Rent's return on assets (ROA) was 0.08, a 16.85% increase from the 0.07 ROA 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.

ROA Details

Understanding McGrath Rent's Return on Assets (ROA)

McGrath Rent's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing McGrath Rent's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider McGrath Rent's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in McGrath Rent’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about McGrath Rent stock

What is the Return on Assets (ROA) of McGrath Rent this year?

The Return on Assets (ROA) of McGrath Rent is 0.08 undefined this year.

What was the ROA of McGrath Rent compared to the previous year?

The ROA of McGrath Rent has increased by 16.85% compared to the previous year.

What consequences do high ROA have for investors of McGrath Rent?

A high ROA is advantageous for investors of McGrath Rent, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in McGrath Rent?

A low ROA can be unfavorable for investors of McGrath Rent as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of McGrath Rent affect the company?

An increase in ROA of McGrath Rent can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of McGrath Rent impact the company?

A reduction in the ROA of McGrath Rent can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of McGrath Rent?

Some factors that can influence the ROA of McGrath Rent include revenue, operating costs, asset structure, and industry average.

Why is the ROA of McGrath Rent important for investors?

The ROA of McGrath Rent is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can McGrath Rent take to improve ROA?

To improve ROA, McGrath Rent can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does McGrath Rent pay?

Over the past 12 months, McGrath Rent paid a dividend of . This corresponds to a dividend yield of about . 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 .

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 2.35 %.

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.