McGrath RentCorp (MGRC)

NASDAQ: MGRC · Real-Time Price · USD
112.76
+1.01 (0.90%)
May 18, 2026, 4:00 PM EDT - Market closed
Market Cap2.77B +4.8%
Revenue (ttm)947.36M +3.1%
Net Income155.13M -34.6%
EPS6.30 -34.7%
Shares Out 24.56M
PE Ratio17.90
Forward PE17.48
Dividend$1.98 (1.76%)
Ex-Dividend DateApr 16, 2026
Volume80,540
Open111.75
Previous Close111.75
Day's Range111.75 - 113.58
52-Week Range94.99 - 128.41
Beta0.45
AnalystsBuy
Price Target145.40 (+28.95%)
Earnings DateApr 29, 2026

About MGRC

McGrath RentCorp operates as a business-to-business rental company in the United States and internationally. The company also engages in renting and selling relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroo... [Read more]

Founded 1979
Employees 1,306
Stock Exchange NASDAQ
Ticker Symbol MGRC
Full Company Profile

Financial Performance

In 2025, McGrath RentCorp's revenue was $944.24 million, an increase of 3.65% compared to the previous year's $910.94 million. Earnings were $156.31 million, a decrease of -32.55%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for MGRC stock is "Buy." The 12-month stock price target is $145.4, which is an increase of 28.95% from the latest price.

Price Target
$145.4
(28.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

McGrath Announces Completion of $725 Million Financing

LIVERMORE, Calif--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it has completed a...

7 days ago - Business Wire

McGrath to Participate in the Oppenheimer 21st Annual Industrial Growth Conference

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will participa...

14 days ago - Business Wire

McGrath RentCorp Earnings Call Transcript: Q1 2026

Revenue grew 2% year-over-year with rental growth in all divisions, but adjusted EBITDA slipped 1% due to higher costs and lower Enviroplex sales. Guidance for 2026 is reaffirmed, with strong TRS-RenTelco demand and ongoing modular expansion supporting the outlook.

19 days ago - Transcripts

McGrath RentCorp Quarterly report: Q1 2026

McGrath RentCorp has published its Q1 2026 quarterly earnings report on April 29, 2026.

19 days ago - Filings

McGrath RentCorp Earnings release: Q1 2026

McGrath RentCorp released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

19 days ago - Filings

McGrath RentCorp Slides: Q1 2026

McGrath RentCorp has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.

19 days ago - Filings

McGrath Announces Results for First Quarter 2026

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the...

19 days ago - Business Wire

McGrath RentCorp Proxy statement: Proxy filing

McGrath RentCorp filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.

24 days ago - Filings

McGrath RentCorp Proxy statement: Proxy filing

McGrath RentCorp filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.

24 days ago - Filings

McGrath First Quarter Earnings and Conference Call Scheduled for April 29, 2026

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release finan...

7 weeks ago - Business Wire

McGrath to Participate in the Sidoti Small Cap Conference

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will participa...

2 months ago - Business Wire

McGrath RentCorp management to meet with Oppenheimer

Meeting to be held on March 9-10 hosted by Oppenheimer.

2 months ago - TheFly

McGrath RentCorp Earnings Call Transcript: Q4 2025

Q4 and full year 2025 delivered revenue and Adjusted EBITDA growth, led by Mobile Modular and TRS-RenTelco. 2026 guidance anticipates continued growth in modular and TRS, stable Portable Storage, and ongoing geographic expansion, with a disciplined capital allocation approach.

2 months ago - Transcripts

McGrath RentCorp Annual report: Q4 2025

McGrath RentCorp has published its Q4 2025 annual report on February 25, 2026.

2 months ago - Filings

McGrath RentCorp Earnings release: Q4 2025

McGrath RentCorp released its Q4 2025 earnings on February 25, 2026, summarizing the period's financial results.

2 months ago - Filings

McGrath RentCorp Slides: Q4 2025

McGrath RentCorp has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 25, 2026.

2 months ago - Filings

McGrath RentCorp reports Q4 EPS $2.02, consensus $1.71

Reports Q4 revenue $256.8M, consensus $254.32M. Joe Hanna, President and CEO of McGrath, made the following comments: “We were pleased with our strong fourth quarter results. The 5% increase in…

2 months ago - TheFly

McGrath RentCorp sees FY26 revenue $945M-$995M, consensus $982.45M

Sees FY26 adjusted EBITDA $360M-$378M.

2 months ago - TheFly

McGrath Announces Results for Fourth Quarter 2025 and Announces 35th Annual Dividend Increase

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the...

2 months ago - Business Wire

McGrath RentCorp Transcript: Barclays 43rd Annual Industrial Select Conference

Leadership transition to Phil Hawkins is set to maintain strategic continuity and focus on modular solutions. The company reported solid financial results, with growth in modular and electronics segments, and strengthened its balance sheet through a recent break fee. Emphasis remains on disciplined capital allocation and organic growth.

3 months ago - Transcripts

McGrath RentCorp Slides: Barclays 43rd Annual Industrial Select Conference

McGrath RentCorp has posted slides in relation to its latest quarterly earnings report, which was published on February 17, 2026.

3 months ago - Filings

McGrath RentCorp initiated with an Overweight at Barclays

Barclays initiated coverage of McGrath RentCorp (MGRC) with an Overweight rating and $140 price target The firm views the company as a “relatively safer way” to play a potential cyclical…

3 months ago - TheFly

McGrath RentCorp announces CEO succession

McGrath announced that its Board of Directors has appointed Executive Vice President and Chief Operating Officer Philip B. Hawkins as President and Chief Executive Officer of McGrath and a member…

3 months ago - TheFly

McGrath Announces Chief Executive Officer Succession

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that its Board of Dire...

3 months ago - Business Wire

McGrath to Present at the Barclays 43rd Annual Industrial Select Conference

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will present a...

3 months ago - Business Wire