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Mcgrath Rentcorp MGRC Operating Income

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Segments

By segment

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Mobile Modular$33.02M-9.4%
Trs Ren Telco$13.9M+53.7%
Portable Storage$5.19M-30.8%
Enviroplex-$632K-115%

Other financials

Income statement

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Revenue$221.1M-6.2%
Gross profit$107.9M-2.5%
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: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
(in thousands, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Expenses:
Selling and administrative expenses56,43653,543109,924104,412
Other income, net(1,814)(1,814)
Income from operations53,28557,17196,687102,738
Interest expense7,1137,79513,61315,954
Foreign currency exchange loss (gain)38(81)71(86)
Income before provision for income taxes46,13449,45783,00386,870
Provision for income taxes12,46213,48422,29822,689

Item 1. Financial Statements

FAQ

What is Mcgrath Rentcorp's operating income?
Mcgrath Rentcorp (MGRC) reported operating income of $53.29M in Q2 2026.
How has Mcgrath Rentcorp's operating income changed year-over-year?
Mcgrath Rentcorp's operating income decreased by 6.8% year-over-year, from $57.17M to $53.29M.
What is the long-term trend for Mcgrath Rentcorp's operating income?
Over 4 years (2021 to 2025), Mcgrath Rentcorp's operating income has grown at a 16.5% compound annual growth rate (CAGR), from $132.42M to $243.62M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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