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Mcgrath Rentcorp MGRC Leasing — Lease Income

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Other financials

Income statement

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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 debt$12.9M+2.0%
Total equity$1.2B+7.1%
Total assets$2.5B+7.6%

Cash flow

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

Valuation

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Market cap$2.97B+2.0%
P/E19.5×+7.9×
P/S3.2×+0.1×

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

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Return on equity12.7%-11.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Mcgrath Rentcorp in its filing.

Tagged under the XBRL concept us-gaap:LeaseIncome.

The source filing: Mcgrath Rentcorp’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-323614
(in thousands) / Three Months Ended June 30,Mobile ModularPortable StorageTRS-Ren TelcoEnviroplexConsolidated
2026
Leasing$112,522$17,342$32,847$162,711
Non-lease:
Rental related services6,7114,2351,18012,126
Sales31,1791,8538,1524,61645,800
Other1289374475
Total non-lease37,9026,1779,7064,61658,401
Total revenues$150,424$23,519$42,553$4,616$221,112

Item 1. Financial Statements

FAQ

What is Mcgrath Rentcorp's leasing — lease income?
Mcgrath Rentcorp (MGRC) reported leasing — lease income of $162.71M in Q2 2026.
How has Mcgrath Rentcorp's leasing — lease income changed year-over-year?
Mcgrath Rentcorp's leasing — lease income increased by 5.5% year-over-year, from $154.19M to $162.71M.
What is the long-term trend for Mcgrath Rentcorp's leasing — lease income?
Over 4 years (2021 to 2025), Mcgrath Rentcorp's leasing — lease income has grown at a 8.7% compound annual growth rate (CAGR), from $442.6M to $618.07M.
What does leasing — lease income mean?
This metric represents the total revenue generated from rental agreements within the specified business segment. It reflects the core income stream derived from leasing equipment or modular assets to customers over defined contract periods. Monitoring this figure helps assess the segment's market demand and the effectiveness of its rental pricing strategies.

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