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Mcgrath Rentcorp MGRC Portable Storage — Operating Income

Other segment segments

Mobile Modular
$33.02M-9.4%
Trs Ren Telco
$13.9M+53.7%
Enviroplex
-$632K-115%

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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$2.92B-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

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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:OperatingIncomeLoss.

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 ModularPortable StorageTRS-Ren TelcoEnviroplex1Consolidated
Allocated corporate services 424,4343,9527,20235,588
Other segment items 563918080899
Total expenses72,61216,86316,2534,196109,924
Income from operations62,5689,92324,175(1,793)94,873
Interest expense (income) allocation11,5051,5601,994(1,445)13,613
Foreign currency exchange loss7171
Income before provision for income taxes51,0638,36222,110(348)81,187
Provision for income taxes13,7142,2475,944(95)21,810

Item 1. Financial Statements

FAQ

What is Mcgrath Rentcorp's portable storage — operating income?
Mcgrath Rentcorp (MGRC) reported portable storage — operating income of $5.19M in Q2 2026.
How has Mcgrath Rentcorp's portable storage — operating income changed year-over-year?
Mcgrath Rentcorp's portable storage — operating income decreased by 30.8% year-over-year, from $7.49M to $5.19M.
What is the long-term trend for Mcgrath Rentcorp's portable storage — operating income?
Over 2 years (2023 to 2025), Mcgrath Rentcorp's portable storage — operating income has grown at a -13.8% compound annual growth rate (CAGR), from $37.8M to $28.08M.
What does portable storage — operating income mean?
Measures the profitability of the portable storage segment after deducting all direct operating costs and allocated overhead from its rental and service revenues. It serves as the primary indicator of the segment's core operational performance and efficiency in managing its asset base.

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