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Mcgrath Rentcorp MGRC Mobile Modular — Operating Lease Lease Income Lease Payments

Other segment segments

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$16.28M+1.3%

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MDLNOperating Lease Payment Income
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VNOLease revenues — Operating Lease, Lease Income
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SRCEOperating lease income
$589K-34.5%

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:OperatingLeaseLeaseIncomeLeasePayments.

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 mobile modular — operating lease lease income lease payments?
Mcgrath Rentcorp (MGRC) reported mobile modular — operating lease lease income lease payments of $81.44M in Q1 2026.
How has Mcgrath Rentcorp's mobile modular — operating lease lease income lease payments changed year-over-year?
Mcgrath Rentcorp's mobile modular — operating lease lease income lease payments increased by 3.7% year-over-year, from $78.5M to $81.44M.
What is the long-term trend for Mcgrath Rentcorp's mobile modular — operating lease lease income lease payments?
Over 4 years (2021 to 2025), Mcgrath Rentcorp's mobile modular — operating lease lease income lease payments has grown at a 10.3% compound annual growth rate (CAGR), from $220.57M to $326.92M.
What does mobile modular — operating lease lease income lease payments mean?
Revenue derived specifically from the periodic rental payments for modular equipment under operating lease agreements. It represents the core recurring income stream generated by the utilization of the segment's rental asset fleet.