MGRC · McGrath Rentcorp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · MGRC

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$944.24M	$910.94M	$831.84M	$733.82M	$616.83M	$572.55M
Cost of Revenue	$489.26M	$475.53M	$438.21M	$396.92M	$335.81M	$308.81M
Gross Profit	$454.98M	$435.42M	$393.63M	$336.91M	$281.02M	$263.75M
R&D	-	-	-	-	-	-
SG&A	$211.35M	$200.43M	$207.54M	$171.34M	$148.60M	$122.99M
Total Operating Expenses	-	-	-	-	-	-
D&A	$107.07M	$107.45M	$109.38M	$111.34M	$106.69M	$94.64M
Operating Income	$243.62M	$244.26M	$189.71M	$165.57M	$132.42M	$140.75M
Interest Expense	$30.62M	$47.24M	$40.56M	$15.17M	$10.46M	$8.79M
Income Tax	$56.77M	$81.92M	$37.61M	$34.88M	$32.05M	$30.06M
Net Income	$156.31M	$231.73M	$174.62M	$115.14M	$89.70M	$101.98M
EPS - Basic	$6.35	$9.44	$7.14	$4.73	$3.70	$4.22
EPS - Diluted	$6.35	$9.43	$7.12	$4.70	$3.66	$4.16

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$295.0K	$807.0K	$877.0K	$957.0K	$1.49M	$1.24M
Accounts Receivable	-	-	-	-	-	-
Inventory	$8.03M	$14.30M	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$2.36B	$2.28B	$2.22B	$1.71B	$1.60B	$1.28B
Current Liabilities	-	-	-	-	-	-
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$1.12B	$1.15B	$1.28B	$903.90M	$863.90M	$593.14M
Stockholders' Equity	$1.24B	$1.12B	$933.80M	$803.95M	$732.02M	$682.60M
Retained Earnings	$1.12B	$1.01B	$822.80M	$693.94M	$623.47M	$576.42M

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$255.68M	$374.38M	$95.34M	$194.43M	$195.74M	$180.50M
Investing Cash Flow	($127.11M)	($150.75M)	($391.87M)	($131.43M)	($351.70M)	($53.00M)
Financing Cash Flow	($129.08M)	($223.69M)	$296.44M	($63.53M)	$156.20M	($128.45M)
CapEx	$44.38M	$40.23M	$43.99M	$17.62M	$2.68M	$13.72M
Free Cash Flow	$211.30M	$334.15M	$51.35M	$176.81M	$193.06M	$166.78M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	48.2%	47.8%	47.3%	45.9%	45.6%	46.1%
Operating margin	25.8%	26.8%	22.8%	22.6%	21.5%	24.6%
EBITDA margin	37.1%	38.6%	36.0%	37.7%	38.8%	41.1%
Net margin	16.6%	25.4%	21.0%	15.7%	14.5%	17.8%
Free cash flow margin	22.4%	36.7%	6.2%	24.1%	31.3%	29.1%
FCF / Net income	1.35	1.44	0.29	1.54	2.15	1.64
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	22.4%	22.0%	24.9%	23.3%	24.1%	21.5%
Effective tax rate	26.6%	26.1%	17.7%	23.3%	26.3%	22.8%
Return on assets	6.6%	10.2%	7.9%	6.7%	5.6%	8.0%
Return on equity	12.6%	20.6%	18.7%	14.3%	12.3%	14.9%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	8.0x	5.2x	4.7x	10.9x	12.7x	16.0x
Equity multiplier	1.91	2.03	2.37	2.12	2.18	1.87
Liabilities / Assets	0.48	0.51	0.58	0.53	0.54	0.46
Efficiency
Asset turnover	0.40	0.40	0.38	0.43	0.39	0.45
Inventory turnover	60.95	33.24	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	6d	11d	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	16.5x	11.9x	16.8x	21.0x	21.9x	16.1x
P / B	2.1x	2.4x	3.1x	3.0x	2.7x	2.4x
P / S	2.7x	3.0x	3.5x	3.3x	3.2x	2.9x
EV / EBITDA	7.4x	7.8x	9.8x	8.7x	8.2x	7.0x
Growth
Revenue growth (YoY)	3.7%	9.5%	13.4%	19.0%	7.7%	0.4%
Revenue CAGR (3y)	8.8%	13.9%	13.3%	8.8%	7.4%	7.4%
Revenue CAGR (5y)	10.5%	9.8%	10.8%	9.7%	7.8%	7.2%
Gross profit growth (YoY)	4.5%	10.6%	16.8%	19.9%	6.5%	-0.9%
Operating income growth (YoY)	-0.3%	28.8%	14.6%	25.0%	-5.9%	-0.4%
Net income growth (YoY)	-32.5%	32.7%	51.7%	28.4%	-12.0%	5.3%
EPS growth (YoY)	-32.7%	32.4%	51.5%	28.4%	-12.0%	5.9%
EPS CAGR (3y)	10.5%	37.1%	19.6%	6.1%	4.1%	-13.1%
EPS CAGR (5y)	8.8%	19.1%	17.1%	-5.8%	18.0%	21.2%
FCF growth (YoY)	-36.8%	550.7%	-71.0%	-8.4%	15.8%	-5.2%
FCF CAGR (5y)	4.8%	13.7%	-16.3%	10.4%	8.0%	4.3%
Book value growth (YoY)	10.1%	20.3%	16.2%	9.8%	7.2%	7.7%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$944.24M total

Mobile Modular$645.13M · 68.3%

Trs Ren Telco$148.89M · 15.8%

Portable Storage$92.81M · 9.8%

Enviroplex$57.40M · 6.1%

Product / service

$701.07M total

Product$269.20M · 38.4%

Non Lease Revenues$211.24M · 30.1%

Non Lease Sales$170.67M · 24.3%

Non Lease Rental Related Services$40.33M · 5.8%

Product And Service Other$9.40M · 1.3%

Non Lease Other$235.0K · 0.0%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
-Current ratio improved
✓No share dilution
✓Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Services-Equipment Rental & Leasing, NEC

Company	Revenue (last FY)	Net margin	ROE
UPBD	$4.70B	1.6%	10.5%
URI	$16.10B	15.5%	27.8%
AL	$3.02B	36.1%	12.8%
CTOS	$1.94B	-1.6%	-3.8%
PRG	$2.41B	6.1%	19.7%

Comparing MCGRATH RENTCORP against the 5 most active filers in the same SIC group.

Dividends

$1.95/share trailing 12 months · +2.1% YoY

Ex-date	Per share
Apr 16, 2026	$0.4950
Jan 16, 2026	$0.4850
Oct 17, 2025	$0.4850
Jul 17, 2025	$0.4850
Apr 16, 2025	$0.4850
Jan 17, 2025	$0.4750
Oct 17, 2024	$0.4750
Jul 17, 2024	$0.4750
Apr 15, 2024	$0.4750
Jan 16, 2024	$0.4650
Oct 16, 2023	$0.4650
Jul 14, 2023	$0.4650
Apr 13, 2023	$0.4650
Jan 13, 2023	$0.4550
Oct 14, 2022	$0.4550
Jul 14, 2022	$0.4550
Apr 13, 2022	$0.4550
Jan 13, 2022	$0.4350
Oct 14, 2021	$0.4350
Jul 15, 2021	$0.4350
Apr 14, 2021	$0.4350
Jan 14, 2021	$0.4200
Oct 15, 2020	$0.4200
Jul 16, 2020	$0.4200