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.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $198.54M | - | $256.44M | $235.62M | $195.42M | - | $266.76M | $212.61M | $187.83M | - |
| Cost of Revenue | $101.65M | - | $137.19M | $124.90M | $98.98M | - | $142.78M | $109.20M | $94.56M | - |
| Gross Profit | $96.89M | - | $119.26M | $110.71M | $96.44M | - | $123.98M | $103.42M | $93.27M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $53.49M | - | $52.54M | $53.54M | $50.87M | - | $49.30M | $61.37M | $59.82M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $27.82M | - | - | - | $26.40M | - | - | - | $27.19M | - |
| Operating Income | $43.40M | - | $66.72M | $57.17M | $45.57M | - | $74.68M | $42.05M | $42.73M | - |
| Interest Expense | $6.50M | - | $8.18M | $7.79M | $8.16M | - | $12.64M | $13.04M | $12.70M | - |
| Income Tax | $9.84M | - | $16.21M | $13.48M | $9.21M | - | $53.50M | $8.36M | $7.05M | - |
| Net Income | $27.03M | - | $42.30M | $35.97M | $28.21M | - | $149.32M | $20.62M | $22.85M | - |
| EPS - Basic | $1.10 | - | $1.72 | $1.46 | $1.15 | - | $6.08 | $0.84 | $0.93 | - |
| EPS - Diluted | $1.10 | - | $1.72 | $1.46 | $1.15 | - | $6.08 | $0.84 | $0.93 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.36M | $295.0K | $7.26M | $1.47M | $3.39M | $807.0K | $4.06M | $9.40M | $1.91M | $877.0K |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $11.14M | $8.03M | $13.42M | $12.30M | $17.11M | $14.30M | $22.29M | $28.21M | $15.43M | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $2.38B | $2.36B | $2.35B | $2.33B | $2.24B | $2.28B | $2.29B | $2.32B | $2.26B | $2.22B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.14B | $1.12B | $1.15B | $1.16B | $1.11B | $1.15B | $1.19B | $1.36B | $1.32B | $1.28B |
| Stockholders' Equity | $1.24B | $1.24B | $1.20B | $1.16B | $1.14B | $1.12B | $1.09B | $954.23M | $943.02M | $933.80M |
| Retained Earnings | $1.12B | $1.12B | $1.08B | $1.05B | $1.02B | $1.01B | $980.24M | $842.67M | $833.82M | $822.80M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $42.37M | - | - | - | $53.88M | - | - | - | $59.42M | - |
| Investing Cash Flow | ($41.01M) | - | - | - | ($2.70M) | - | - | - | ($78.11M) | - |
| Financing Cash Flow | $708.0K | - | - | - | ($48.59M) | - | - | - | $19.73M | - |
| CapEx | $8.04M | - | - | - | $3.99M | - | - | - | $25.28M | - |
| Free Cash Flow | $34.33M | - | - | - | $49.89M | - | - | - | $34.14M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 48.8% | - | 46.5% | 47.0% | 49.3% | - | 46.5% | 48.6% | 49.7% | - |
| Operating margin | 21.9% | - | 26.0% | 24.3% | 23.3% | - | 28.0% | 19.8% | 22.8% | - |
| EBITDA margin | 35.9% | - | - | - | 36.8% | - | - | - | 37.2% | - |
| Net margin | 13.6% | - | 16.5% | 15.3% | 14.4% | - | 56.0% | 9.7% | 12.2% | - |
| Free cash flow margin | 17.3% | - | - | - | 25.5% | - | - | - | 18.2% | - |
| FCF / Net income | 1.27 | - | - | - | 1.77 | - | - | - | 1.49 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 26.9% | - | 20.5% | 22.7% | 26.0% | - | 18.5% | 28.9% | 31.8% | - |
| Effective tax rate | 26.7% | - | 27.7% | 27.3% | 24.6% | - | 26.4% | 28.8% | 23.6% | - |
| Return on assets | 1.1% | - | 1.8% | 1.5% | 1.3% | - | 6.5% | 0.9% | 1.0% | - |
| Return on equity | 2.2% | - | 3.5% | 3.1% | 2.5% | - | 13.6% | 2.2% | 2.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 6.7x | - | 8.2x | 7.3x | 5.6x | - | 5.9x | 3.2x | 3.4x | - |
| Equity multiplier | 1.92 | 1.91 | 1.97 | 2.00 | 1.97 | 2.03 | 2.09 | 2.43 | 2.40 | 2.37 |
| Liabilities / Assets | 0.48 | 0.48 | 0.49 | 0.50 | 0.49 | 0.51 | 0.52 | 0.59 | 0.58 | 0.58 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.11 | 0.10 | 0.09 | - | 0.12 | 0.09 | 0.08 | - |
| Inventory turnover | 9.12 | - | 10.22 | 10.16 | 5.78 | - | 6.41 | 3.87 | 6.13 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 40d | - | 36d | 36d | 63d | - | 57d | 94d | 60d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 100.3x | - | 68.2x | 79.4x | 96.9x | - | 17.3x | 126.8x | 132.7x | - |
| P / B | 2.2x | - | 2.4x | 2.5x | 2.4x | - | 2.4x | 2.7x | 3.2x | - |
| P / S | 13.7x | - | 11.3x | 12.1x | 14.0x | - | 9.7x | 12.3x | 16.1x | - |
| EV / EBITDA | 38.2x | - | - | - | 38.1x | - | - | - | 43.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.6% | - | -3.9% | 10.8% | 4.0% | - | 9.5% | 4.7% | 14.7% | - |
| Revenue CAGR (3y) | 6.6% | - | 8.5% | 10.0% | 10.4% | - | 15.5% | 13.2% | 15.7% | - |
| Revenue CAGR (5y) | 10.4% | - | 10.4% | 11.3% | 8.6% | - | 9.0% | 10.8% | 9.0% | - |
| Gross profit growth (YoY) | 0.5% | - | -3.8% | 7.1% | 3.4% | - | 11.2% | 9.3% | 20.6% | - |
| Operating income growth (YoY) | -4.8% | - | -10.7% | 36.0% | 6.6% | - | 12.2% | -11.6% | 115.1% | - |
| Net income growth (YoY) | -4.2% | - | -71.7% | 74.5% | 23.5% | - | 269.9% | -32.6% | -68.1% | - |
| EPS growth (YoY) | -4.3% | - | -71.7% | 73.8% | 23.7% | - | 268.5% | -32.8% | -68.2% | - |
| EPS CAGR (3y) | -27.8% | - | 11.2% | 10.9% | 14.3% | - | 85.7% | 0.0% | 9.4% | - |
| EPS CAGR (5y) | 9.2% | - | 8.4% | 9.7% | 7.3% | - | 35.7% | 1.2% | 4.4% | - |
| FCF growth (YoY) | -31.2% | - | - | - | 46.1% | - | - | - | 18.3% | - |
| FCF CAGR (5y) | -1.3% | - | - | - | 3.3% | - | - | - | 3.8% | - |
| Book value growth (YoY) | 8.8% | 10.1% | 9.3% | 21.9% | 20.5% | 20.3% | 20.0% | 8.4% | 9.7% | 16.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$944.24M totalMobile 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 totalProduct$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%
Peer comparison
Same SIC group: Services-Equipment Rental & Leasing, NEC
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 |