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Mcgrath Rentcorp MGRC Enviroplex — Income Tax Expense Benefit

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Other financials

Income statement

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Revenue$198.5M+1.6%
Gross profit$176.9M+4.1%
Operating income$43.4M-4.8%
Net income$27.0M-4.2%
EPS (diluted)$1.10-4.3%

Balance sheet

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Cash & equivalents$2.4M-30.5%
Total debt$12.9M+2.2%
Total equity$1.2B+8.8%
Total assets$2.4B+6.1%

Cash flow

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Operating cash flow$42.4M-21.4%
CapEx$8.0M+101%
Free cash flow$34.3M-31.2%

Valuation

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Market cap$2.94B-0.8%
P/E18.9×+6.4×
P/S3.1×-0.1×

Profitability

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Gross margin82.2%+1.6pp
Operating margin25.5%-0.4pp
Net margin16.4%-9.4pp
FCF margin20.7%-17.4pp

Returns & leverage

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Return on equity13.1%-9.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Mcgrath Rentcorp in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Mcgrath Rentcorp’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mcgrath Rentcorp's enviroplex — income tax expense benefit?
Mcgrath Rentcorp (MGRC) reported enviroplex — income tax expense benefit of -$131K in Q1 2026.
How has Mcgrath Rentcorp's enviroplex — income tax expense benefit changed year-over-year?
Mcgrath Rentcorp's enviroplex — income tax expense benefit decreased by 170.8% year-over-year, from $185K to -$131K.
What does enviroplex — income tax expense benefit mean?
This represents the total income tax provision or benefit recognized by the specific business segment during the reporting period. It reflects the tax impact of the segment's operational performance and is essential for understanding the segment's contribution to the company's net earnings after tax obligations.