McGrath RentCorp is a business-to-business rental company with four rental divisions: relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. Although Co.'s primary focus is on equipment rentals, sales of equipment occur in the normal course of business. Co. is comprised of four reportable business segments: its modular building and portable storage segment; its electronic test equipment segment; its containment solutions for the storage of hazardous and non-hazardous liquids and solids segment; and its classroom manufacturing business selling modular buildings used primarily as classrooms in California. The MGRC stock yearly return is shown above.
The yearly return on the MGRC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MGRC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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