McGrath RentCorp (MGRC)

NASDAQ: MGRC · Real-Time Price · USD
120.04
+1.93 (1.63%)
At close: Apr 28, 2026, 4:00 PM EDT
120.04
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:10 PM EDT
1.63%
Market Cap 2.96B
Revenue (ttm) 944.24M
Net Income (ttm) 156.31M
Shares Out 24.61M
EPS (ttm) 6.35
PE Ratio 18.60
Forward PE 18.28
Dividend $1.98 (1.68%)
Ex-Dividend Date Apr 16, 2026
Volume 161,494
Open 118.86
Previous Close 118.11
Day's Range 117.20 - 120.39
52-Week Range 94.99 - 128.41
Beta 0.48
Analysts Buy
Price Target 141.50 (+17.65%)
Earnings Date Apr 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]

Sector Industrials
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 Forecast

According to 2 analysts, the average rating for MGRC stock is "Buy." The 12-month stock price target is $141.5, which is an increase of 17.65% from the latest price.

Price Target
$141.5
(17.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 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...

7 weeks ago - Business Wire

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 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.

2 months ago - Transcripts

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...

2 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...

2 months ago - Business Wire

McGrath Fourth Quarter Earnings and Conference Call Scheduled for February 25, 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...

3 months ago - Business Wire

McGrath Declares Quarterly Dividend

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

4 months ago - Business Wire

McGrath Announces Investor Conference Schedule for December 2025

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...

5 months ago - Business Wire

McGrath RentCorp Earnings Call Transcript: Q3 2025

Rental operations grew 4% year-over-year, offsetting an 18% drop in sales revenue, with total revenues down 4%. Adjusted EBITDA fell 7%, but strong order momentum and upwardly revised full-year guidance reflect optimism, especially in modular and TRS-RenTelco segments.

6 months ago - Transcripts

McGrath Announces Results for Third Quarter 2025

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...

6 months ago - Business Wire

McGrath Third Quarter Earnings and Conference Call Scheduled for October 23, 2025

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 months ago - Business Wire

McGrath RentCorp Earnings Call Transcript: Q2 2025

Q2 2025 saw 11% revenue and 3% adjusted EBITDA growth, with strong modular and TRS RenTelco performance, sequential improvement in portable storage, and two tuck-in acquisitions. Guidance for 2025 was raised, reflecting cautious optimism amid mixed demand.

9 months ago - Transcripts

McGrath Announces Results for Second Quarter 2025

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...

9 months ago - Business Wire

McGrath to Participate in the CJS Securities 25th Annual “New Ideas” Summer 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...

10 months ago - Business Wire

McGrath Second Quarter Earnings and Conference Call Scheduled for July 24, 2025

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...

10 months ago - Business Wire

McGrath to Participate in the Bank of America Securities 32nd Annual Industrials, Transportation, and Airlines Key Leaders 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...

1 year ago - Business Wire

McGrath RentCorp Transcript: Oppenheimer 20th Annual Industrial Growth Conference

Modular buildings and portable storage drive most revenue, with education and construction as key markets. Pricing gains, value-added services, and a strong M&A pipeline support growth, while macro uncertainty and tariffs pose manageable risks. Financial flexibility and disciplined capital allocation remain priorities.

1 year ago - Transcripts

McGrath to Present at the Oppenheimer 20th 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 present a...

1 year ago - Business Wire

McGrath RentCorp Earnings Call Transcript: Q1 2025

Q1 2025 saw 4% revenue and 3% adjusted EBITDA growth, led by modular segment strength and improved TRS performance, while portable storage faced headwinds. Guidance was trimmed slightly due to macro uncertainty, but tariff impacts are expected to be limited in 2025.

1 year ago - Transcripts

McGrath Announces Results for First Quarter 2025

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...

1 year ago - Business Wire

McGrath First Quarter Earnings and Conference Call Scheduled for April 24, 2025

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...

1 year ago - Business Wire

McGrath to Participate in the Sidoti Small-Cap Virtual 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 Joe Hanna, Chief ...

1 year ago - Business Wire

McGrath RentCorp Earnings Call Transcript: Q4 2024

Fourth quarter and full-year 2024 saw 10% revenue and Adjusted EBITDA growth, led by Mobile Modular, while portable storage and TRS-RenTelco faced headwinds. 2025 guidance projects continued revenue growth, with Mobile Modular as the main driver and a focus on disciplined capital allocation.

1 year ago - Transcripts