What does portable storage — income tax expense benefit mean?

The amount of income tax expense or benefit attributable to the portable storage segment's pre-tax earnings. This reflects the fiscal impact of tax regulations on the segment's net contribution to the overall corporate financial results.

Mcgrath Rentcorp (MGRC) Portable Storage — Income Tax Expense Benefit

Screener

Other segment segments

Mobile Modular

$7.3M-11.2%

Trs Ren Telco

$3.46M+58.1%

Enviroplex

-$131K-171%

Similar metrics at other companies

HES

HESMProcessing And Storage — Income Tax Expense Benefit

$0—

AAPReportable — Income Tax Expense Benefit

$11M+107%

FLYXReportable — Income Tax Expense Benefit

$9.25K-9.8%

LFVNReportable — Income Tax Expense Benefit

$294K-58.6%

STRTReportable — Income Tax Expense Benefit

$1.28M-22.0%

APLEReportable — Income Tax Expense Benefit

$260K+8.3%

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

See full

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$2.92B-0.1%

P/E19.1×+7.5×

P/S3.1×0.0×

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

Debt / equity0×0.0×

Where this comes from

Reported directly by Mcgrath Rentcorp in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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

(dollar amounts in thousands) / Six Months Ended June 30,	Mobile Modular	Portable Storage	TRS-Ren Telco	Enviroplex1	Consolidated
Interest expense (income) allocation	11,505	1,560	1,994	(1,445)	13,613
Foreign currency exchange loss	—	—	71	—	71
Income before provision for income taxes	51,063	8,362	22,110	(348)	81,187
Provision for income taxes	13,714	2,247	5,944	(95)	21,810
Net income (loss)	$37,349	$6,115	$16,166	$(253)	$59,377
Reconciliation of Segment Profit
Total segment gross profit					$204,797
Segment operating expenses, net					109,924

Item 1. Financial Statements

FAQ

What is Mcgrath Rentcorp's portable storage — income tax expense benefit?: Mcgrath Rentcorp (MGRC) reported portable storage — income tax expense benefit of $1.18M in Q2 2026.
How has Mcgrath Rentcorp's portable storage — income tax expense benefit changed year-over-year?: Mcgrath Rentcorp's portable storage — income tax expense benefit decreased by 34.6% year-over-year, from $1.81M to $1.18M.
What does portable storage — income tax expense benefit mean?: The amount of income tax expense or benefit attributable to the portable storage segment's pre-tax earnings. This reflects the fiscal impact of tax regulations on the segment's net contribution to the overall corporate financial results.