Mcgrath Rentcorp (MGRC) Income from Discontinued Operations (2022 - 2023)
Mcgrath Rentcorp's (MGRC) quarterly Income from Discontinued Operations came in at $2.6 million in Q2 2023, down 20.95% on a YoY basis from $3.3 million in Q2 2022, and down 95.63% quarter-over-quarter from $60.1 million in Q1 2023.
Mcgrath Rentcorp (MGRC) Income from Discontinued Operations (2022 - 2023) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Income from Discontinued Operations for 2 consecutive years, with $2.6 million the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Income from Discontinued Operations fell 20.95% year-over-year to $2.6 million; the trailing twelve-month figure through Dec 2023 stood at $62.8 million (up 309.35% YoY), and the FY2023 full-year result was $62.8 million, up 309.35% from the prior year.
- Income from Discontinued Operations slipped to $2.6 million in Q2 2023 per MGRC's latest filing, from $60.1 million in the prior quarter.
- Across five years, Income from Discontinued Operations topped out at $60.1 million in Q1 2023 and bottomed at $1.4 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | - |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | - |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | - |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | - |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | - |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | -22,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 2.63 Mn |
| Mar 31, 2023 | 60.14 Mn |
| Dec 31, 2022 | 5.98 Mn |
| Sep 30, 2022 | 4.64 Mn |
| Jun 30, 2022 | 3.33 Mn |
| Mar 31, 2022 | 1.39 Mn |
Mcgrath Rentcorp Income from Discontinued Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-discontinued-operations&ticker=MGRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-discontinued-operations", "ticker": "MGRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=income-from-discontinued-operations&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();