McGrath RentCorp logo

McGrath RentCorp

MGRC

NASDAQIndustrialsRental & Leasing Services

Previous close

$116.65

+$0.21 · +0.18%

Aug 21, 4:00 PM ET

MGRC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

80

Undervalued

Momentum

42

Neutral

Sentiment

39

Bearish

Risk resilience

79

Moderate Risk

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Company profile

Company website

McGrath RentCorp (MGRC) operates as a diversified business-to-business provider of rental solutions, serving clients across the United States and internationally. Its primary offerings encompass a range of temporary infrastructure and specialized equipment, including versatile modular structures, portable storage units, advanced electronic testing apparatus, and various liquid and solid containment solutions. The company's operations are divided into four distinct segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. Mobile Modular specializes in the rental and sale of adaptable modular buildings and portable storage containers. These structures cater to diverse applications such as educational facilities, temporary workplaces, sales outposts, construction site offices, healthcare clinics, and more. TRS-RenTelco focuses on providing (renting and selling) advanced electronic test and measurement equipment. This includes general-purpose instruments like oscilloscopes, amplifiers, and analyzers, primarily catering to the aerospace, defense, electronics, industrial, research, and semiconductor sectors. Additionally, it supplies specialized communication test gear for fiber, copper, and wireless networks, serving equipment manufacturers, installation contractors, field technicians, and communication service providers. Adler Tanks offers rental solutions for various containment needs. Its inventory comprises robust fixed-axle steel tanks for liquids such as groundwater, wastewater, hazardous organic compounds, sewage, and chemical mixtures. The segment also supplies vacuum containers for sludges and solids, dewatering boxes designed to separate liquids from sludge and slurry, and roll-off/trash containers for the interim storage and transport of solid waste. Enviroplex stands out by manufacturing and directly selling portable classroom facilities. Its clientele primarily consists of public school districts and other educational bodies within California. Established in 1979, McGrath RentCorp maintains its headquarters in Livermore, California.

Industry
Rental & Leasing Services
Sector
Industrials
Headquarters
US
CEO
Philip Hawkins
Listed since
Nov 13, 1984
Employees
1,306

Market position

Day range

Current $116.65

52-week range

Current $116.65

Open
$116.77
Previous close
$116.44
Volume
85.15K
0.41× average
Average volume
206.12K
Average daily volume
Market cap
2.85B USD
Beta
0.45
Market reference 1
50-day average
$118.35
-1.43% below average
200-day average
$111.83
+4.31% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.11B USD
P/E (TTM)
18.75×
P/B (TTM)
2.29×
P/S (TTM)
3.05×
EV / EBITDA
8.86×
Earnings yield
6.05%
Free cash flow yield
8.19%
Dividend yield
1.68%

Profitability & efficiency

Gross margin
46.87%
Operating margin
25.51%
Net margin
16.38%
Return on equity
12.64%
Return on assets
6.63%
Return on invested capital
17.86%

Financial health

Debt / equity
0.47×
Current ratio
1.36×
Altman Z-score
2.41
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends51%38%25%11%Gross margin, FY2021: 43.16%Gross margin, FY2022: 40.79%Gross margin, FY2023: 47.32%Gross margin, FY2024: 47.80%Gross margin, FY2025: 46.05%Operating margin, FY2021: 21.47%Operating margin, FY2022: 23.81%Operating margin, FY2023: 22.81%Operating margin, FY2024: 26.81%Operating margin, FY2025: 25.85%Net margin, FY2021: 14.54%Net margin, FY2022: 18.11%Net margin, FY2023: 20.99%Net margin, FY2024: 25.44%Net margin, FY2025: 16.55%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.16%. Gross margin FY2022 40.79%. Gross margin FY2023 47.32%. Gross margin FY2024 47.80%. Gross margin FY2025 46.05%. Operating margin FY2021 21.47%. Operating margin FY2022 23.81%. Operating margin FY2023 22.81%. Operating margin FY2024 26.81%. Operating margin FY2025 25.85%. Net margin FY2021 14.54%. Net margin FY2022 18.11%. Net margin FY2023 20.99%. Net margin FY2024 25.44%. Net margin FY2025 16.55%.

Income trends

Revenue

944.24M USD+3.65%

Operating income

244.09M USD-0.07%

Net income

156.31M USD-32.55%
Income trends across reported periods1.03B USD687.88M USD346.06M USD4.25M USDRevenue, FY2021: 616.83M USDRevenue, FY2022: 635.67M USDRevenue, FY2023: 831.84M USDRevenue, FY2024: 910.94M USDRevenue, FY2025: 944.24M USDOperating income, FY2021: 132.42M USDOperating income, FY2022: 151.35M USDOperating income, FY2023: 189.71M USDOperating income, FY2024: 244.26M USDOperating income, FY2025: 244.09M USDNet income, FY2021: 89.71M USDNet income, FY2022: 115.14M USDNet income, FY2023: 174.62M USDNet income, FY2024: 231.73M USDNet income, FY2025: 156.31M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 616.83M USD. Revenue FY2022 635.67M USD. Revenue FY2023 831.84M USD. Revenue FY2024 910.94M USD. Revenue FY2025 944.24M USD. Operating income FY2021 132.42M USD. Operating income FY2022 151.35M USD. Operating income FY2023 189.71M USD. Operating income FY2024 244.26M USD. Operating income FY2025 244.09M USD. Net income FY2021 89.71M USD. Net income FY2022 115.14M USD. Net income FY2023 174.62M USD. Net income FY2024 231.73M USD. Net income FY2025 156.31M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue944.24M USD910.94M USD831.84M USD635.67M USD616.83M USD
Cost of goods sold509.39M USD475.53M USD438.21M USD376.38M USD350.62M USD
Gross profit434.84M USD435.42M USD393.63M USD259.29M USD266.21M USD
Selling, general, and administrative190.76M USD92.98M USD207.54M USD107.94M USD133.79M USD
Operating expenses190.76M USD191.15M USD203.92M USD107.94M USD133.79M USD
Interest expense30.62M USD47.24M USD40.56M USD12.23M USD10.46M USD
Depreciation and amortization107.07M USD107.46M USD109.38M USD111.34M USD106.7M USD
Operating income244.09M USD244.26M USD189.71M USD151.35M USD132.42M USD
Net income156.31M USD231.73M USD174.62M USD115.14M USD89.71M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
+5.00%
11 comparable reports
Latest EPS result
1.37
Estimate 1.47 · Miss by 6.80%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.11.711.330.94Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 1.58, estimate 1.5, surprise +5.33%, Beat. Q2 2025, reported Apr 24, 2025: actual 1.15, estimate 1.02, surprise +12.75%, Beat. Q3 2025, reported Jul 24, 2025: actual 1.46, estimate 1.3, surprise +12.31%, Beat. Q4 2025, reported Oct 23, 2025: actual 1.72, estimate 1.83, surprise -6.01%, Miss. Q1 2026, reported Feb 25, 2026: actual 2.02, estimate 1.74, surprise +16.09%, Beat. Q2 2026, reported Apr 29, 2026: actual 1.1, estimate 1.13, surprise -2.65%, Miss. Q3 2026, reported Jul 29, 2026: actual 1.37, estimate 1.47, surprise -6.80%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 1.8, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates287.85M251.22M214.59M177.96MQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 243.75M USD, estimate 246.93M USD, surprise -1.29%, Miss. Q2 2025, reported Apr 24, 2025: actual 195.42M USD, estimate 189.03M USD, surprise +3.38%, Beat. Q3 2025, reported Jul 24, 2025: actual 235.62M USD, estimate 276.78M USD, surprise -14.87%, Miss. Q4 2025, reported Oct 23, 2025: actual 256.44M USD, estimate 254.32M USD, surprise +0.83%, Beat. Q1 2026, reported Feb 25, 2026: actual 256.76M USD, estimate 254.32M USD, surprise +0.96%, Beat. Q2 2026, reported Apr 29, 2026: actual 198.54M USD, estimate 198.19M USD, surprise +0.18%, Beat. Q3 2026, reported Jul 29, 2026: actual 221.11M USD, estimate 236.51M USD, surprise -6.51%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 273.25M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$141.5

21.30% upside
Past 12 months12-month forecastHigh $143Average $141.5Low $140

Rating distribution

5 ratings
Strong buy00%
Buy360%
Hold240%
Sell00%
Strong sell00%

Recent analyst actions

1 institution

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.93

2025 complete year+11.9% since 2021

2026 partial: $1.475

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 17, 2026

$0.495

Quarterly

Record Jul 17, 2026 · Payment Jul 31, 2026

Dividend

Ex-dividend Apr 16, 2026

$0.495

Quarterly

Record Apr 16, 2026 · Payment Apr 30, 2026

Dividend

Ex-dividend Jan 16, 2026

$0.485

Quarterly

Record Jan 16, 2026 · Payment Jan 30, 2026

Dividend

Ex-dividend Oct 17, 2025

$0.485

Quarterly

Record Oct 17, 2025 · Payment Oct 31, 2025

Dividend

Ex-dividend Jul 17, 2025

$0.485

Quarterly

Record Jul 17, 2025 · Payment Jul 31, 2025

Dividend

Ex-dividend Apr 16, 2025

$0.485

Quarterly

Record Apr 16, 2025 · Payment Apr 30, 2025

MGRC peers

ETFs holding MGRC

Funds reporting this stock among their holdings, ordered by reported position size.

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