Electro Rent

Since 1965, Electro Rent Corporation has committed every department to quick answers and responsive shipments. As one of the world's oldest and the largest rent/lease providers of test and measurement equipment, our relationships with major industry manufacturers go back decades. Because our annual purchases are often their largest, top-name manufacturers give us priorities and information our competitors simply cannot match. We lead the international rent/lease industry in the flexibility of our financial programs, administrative services, and knowledgeable sales/technical staff. Across North America, Europe, and now Asia, corporations of every size rely on Electro Rent for smarter solutions to acquiring their tools of technology.
Type
Subsidiary
HQ
Los Angeles, US
Founded
1965
Electro Rent was founded in 1965 and is headquartered in Los Angeles, US

Electro Rent Office Locations

Electro Rent has offices in Los Angeles, Norcross, Pearland and Mississauga
Los Angeles, US (HQ)
6060 Sepulveda Blvd
Mississauga, CA
210 Brunel Road, Units 1&2
Pearland, US
500 4407 Halik St
Norcross, US
550 1770 Corporate Dr

Electro Rent Data and Metrics

Electro Rent Summary

Founding Date

1965

Electro Rent Financial Metrics

Electro Rent's revenue was reported to be $175.3 m in FY, 2016 which is a 26% decrease from the previous period.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Revenue

241.1 m238.3 m175.3 m

Revenue growth, %

(1%)(26%)

Operating expense total

209 m215.4 m167.3 m

EBIT

32.1 m22.9 m8.1 m

EBIT margin, %

13%10%5%

Pre tax profit

32.5 m24.7 m7.8 m

Income tax expense

12.1 m9.2 m3 m

Net Income

20.4 m15.4 m4.8 m
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Cash

5.9 m4.1 m30.1 m

Accounts Receivable

Inventories

Goodwill

3.1 m3.1 m3.1 m

Total Assets

302.1 m300.3 m284.6 m

Accounts Payable

7.3 m7.3 m5.2 m

Retained Earnings

191.7 m187.5 m180 m

Total Equity

228 m221.5 m

Financial Leverage

1.3 x1.3 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

20.4 m15.4 m4.8 m

Depreciation and Amortization

58.3 m57.6 m57.2 m

Accounts Receivable

(503 k)(503 k)9.1 m

Inventories

Accounts Payable

1.2 m1.2 m(1.5 m)

Cash From Operating Activities

49.2 m52.6 m52.4 m

Cash From Investing Activities

(23.8 m)(37.7 m)(11.4 m)

Cash From Financing Activities

(29.5 m)(17.4 m)(14.9 m)

Electro Rent Online and Social Media Presence

Electro Rent News and Updates

Electro Rent Company Life and Culture

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