McGrath RentCorp
MGRC
$108.53
Share price
0.56%
Change (1 day)
22.19%
Change (1 year)
Categories
Operating Margin for McGrath RentCorp (MGRC)
Operating Margin as of April 2024 (TTM): 20.44%
According to McGrath RentCorp 's latest financial reports and stock price the company's current Operating Margin is 20.44%. At the end of 2022 the company had an Operating Margin of 20.44%.
Operating Margin history for McGrath RentCorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 20.44% | 3.57% |
| 2021 | 19.74% | -14.41% |
| 2020 | 23.06% | 1.85% |
| 2019 | 22.64% | 7.78% |
| 2018 | 21.01% | 16.32% |
| 2017 | 18.06% | 14.44% |
| 2016 | 15.78% | -3.81% |
| 2015 | 16.41% | -12.54% |
| 2014 | 18.76% | -0.3% |
| 2013 | 18.82% | -5.99% |
| 2012 | 20.01% | -15.39% |
| 2011 | 23.65% | 16.72% |
| 2010 | 20.27% | 3.5% |
| 2009 | 19.58% | -12.03% |
| 2008 | 22.26% | -10.59% |
| 2007 | 24.90% | 1.41% |
| 2006 | 24.55% | 1.66% |
| 2005 | 24.15% | 0.04% |
| 2004 | 24.14% | -16.89% |
| 2003 | 29.04% | 98.28% |
| 2002 | 14.65% | -48.08% |
| 2001 | 28.21% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 United Rentals
URI | 23.33% | 14.14% | 🇺🇸 USA |
 Rent-A-Center
RCII | 4.23% | -79.31% | 🇺🇸 USA |
 H&E Equipment Services HEES | 14.93% | -26.96% | 🇺🇸 USA |
 Aaron's AAN | -0.88% | -104.31% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.