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Mcgrath Rentcorp

MGRC

McGrath RentCorp is a diversified business-to-business rental company specializing in the provision of relocatable modular buildings, portable storage containers, and electronic test equipment.

Market cap
$2.95B-5.2%
Revenue$932.9M-0.9%
Net income$152.8M-39.5%
Free cash flow$209.5M-33.2%
EPS (diluted)$6.22-39.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$269.6M
EPS estimate$1.82

Financials

Q2 2026

Income statement

See full
Revenue$221.1M-6.2%
Gross profit$107.9M-2.5%
Operating income$53.3M-6.8%
Net income$33.7M-6.4%
EPS (diluted)$1.37-6.2%

Balance sheet

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Cash & equivalents$4.4M+198%
Total equity$1.2B+7.1%
Total assets$2.5B+7.6%

Cash flow

See full
Operating cash flow$63.3M+13.5%
CapEx$11.4M-35.6%
Free cash flow$52.0M+36.1%

Valuation & ratios

Valuation

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Market cap$2.95B-5.2%
P/E19.3×+6.8×
P/S3.2×-0.2×

Profitability

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Gross margin48.5%+1.2pp
Operating margin25.5%-0.1pp
Net margin16.4%-10.4pp
FCF margin22.5%-10.9pp

Returns & leverage

See full
Return on equity12.7%-11.2pp

Segments

By segment

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Mobile Modular$150.4M-3.6%
Trs Ren Telco$42.6M+16.9%
Portable Storage$23.5M+0.7%
Enviroplex$4.6M-76.8%

By product

See full
Non Lease Revenues$58.4M-28.3%
Non Lease Sales$45.8M-33.1%
Non Lease Rental Related Services$12.1M-2.3%
Non Lease Other$475.0K-5.8%

Competitors

Profile

McGrath RentCorp is a diversified business-to-business rental company specializing in the provision of relocatable modular buildings, portable storage containers, and electronic test equipment. The company serves a variety of industrial, commercial, and educational sectors by providing flexible space and equipment solutions through both rental and sales channels.

Competitive position

A leading diversified rental provider with a strong regional manufacturing presence in the modular education market.

GeographiesUnited States, California
Customer segmentsK-12 Education, Commercial Enterprises, Industrial Corporations, Government
Business modelEquipment Rental, Direct Sales, Manufacturing
SuppliersSteel Manufacturers, Electronic Instrument Manufacturers, Raw Material Suppliers, Logistics and Freight Providers
CustomersSchool Districts, General Contractors, Telecom Infrastructure Providers, Industrial Maintenance Teams
Listed1984
Employees1.2K
CEOPhilip Hawkins
Websitemgrc.com
FilingsSEC EDGAR

Questions, answered.

What is Mcgrath Rentcorp's market cap?
Mcgrath Rentcorp (MGRC) has a market capitalization of $2.9B and trades on NASDAQ.
What is Mcgrath Rentcorp's revenue and profitability?
Mcgrath Rentcorp generated $932.9M in trailing twelve-month revenue with net income of $152.8M, representing a net margin of 16.4%. Gross margin stands at 48.5%, with free cash flow of $209.5M. These figures are based on the Q2 2026 filing.
Who are Mcgrath Rentcorp's competitors?
Mcgrath Rentcorp's key competitors include WillScot Mobile Mini, United Rentals, Olenox Industries Inc. Common Stock, and others. These companies compete in similar markets and product categories.
What subsidiaries does Mcgrath Rentcorp have?
Mcgrath Rentcorp's subsidiaries include Mobile Modular, TRS-RenTelco, Enviroplex.
Where is Mcgrath Rentcorp headquartered?
Mcgrath Rentcorp is headquartered in United States of America and employs approximately 1,204 people. It has been publicly traded since 1984.