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Nasdaq · Industrials

MCGRATH RENTCORP (MGRC)

As-reported financials and SEC filings for MCGRATH RENTCORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MCGRATH RENTCORP

McGrath RentCorp is a business-to-business rental company that provides relocatable modular buildings, portable storage containers, and electronic test equipment. It serves customers who need short-term rental solutions for various purposes such as classrooms, offices, storage, and testing equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex, focusing primarily on equipment rentals with some sales of used equipment.

Snapshot

Revenue
$944.2M
Revenue growth (YoY)
3.7%
Net income
$156.3M
Diluted EPS
$6.35
Gross margin
48.2%
Operating margin
25.8%
Net margin
16.6%
FCF margin
22.4%
ROE
12.6%
net income / fiscal-year-end equity
P/E
18.1×
trailing when available, otherwise FY EPS
Market cap
$2.74B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Mcgrath Rentcorp

  • Revenue grew 3.7% to $944M in FY2025, slower than the 9.5% the year before.
  • Operating margin is 25.8% in FY2025, +2.6 pp against 23.2% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $221M, down 6.2% from Q2 FY2025.
  • Free cash flow was $211M in FY2025, 22.4% of revenue.
  • Net income fell 32.5% to $156M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Mcgrath Rentcorp’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin48.2%
85th percentile of 466
Operating margin25.8%
94th percentile of 605
Net margin16.6%
89th percentile of 645
FCF margin22.4%
94th percentile of 562
Revenue growth (YoY)+3.7%
48th percentile of 668
ROE12.6%
68th percentile of 600
P/E18.1×
33rd percentile of 434
Short interest2.72d
38th percentile of 676

Mcgrath Rentcorp’s operating margin of 25.8% ranks in the 94th percentile of the 605 Industrials companies reporting it. Mcgrath Rentcorp’s FCF margin of 22.4% ranks in the 94th percentile of the 562 Industrials companies reporting it. Mcgrath Rentcorp’s net margin of 16.6% ranks in the 89th percentile of the 645 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 12 insider sales totaling $3.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$27.4M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$16.7M137.7KAdded
Point72 Asset ManagementquantQ2 2026$3.7M30.6KAdded
AQR Capital ManagementquantQ2 2026$2.1M17.4KAdded
Two Sigma InvestmentsquantQ2 2026$2.0M16.7KReduced
Citadel AdvisorsquantQ2 2026$1.6M13.3KReduced
Bridgewater AssociatesQ2 2026$1.3M11.0KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
12
$3.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-18
filed 2026-08-20
Wescott TaraSVP, Chief HR OfficerSell1.3K$122.00$162K
2026-08-11
filed 2026-08-13
Hawkins Philip BPresident and CEOSell4.4K$120.91$536K
2026-08-11
filed 2026-08-13
Skenesky John PVP and Division ManagerSell2.0K$120.41$241K
2026-08-11
filed 2026-08-13
Hawkins Philip BPresident and CEOSell5$124.00$620
2026-07-01
filed 2026-07-02
HANNA JOSEPH FDirectorSell4.8K$120.51$579K
2026-07-01
filed 2026-07-02
HANNA JOSEPH FDirectorSell2.2K$121.23$271K
2026-07-01
filed 2026-07-02
HANNA JOSEPH FDirectorSell460$119.21$55K
2026-06-26
filed 2026-06-29
Lieffrig JohnVP and Division ManagerSell500$125.00$63K
2026-06-25
filed 2026-06-29
Lieffrig JohnVP and Division ManagerSell2.0K$125.00$250K
2026-06-15
filed 2026-06-16
Malek GildaSVP, Chief Legal OfficerSell1.4K$114.04$160K
2026-06-10
filed 2026-06-12
Whitney David MSVP, Chief Accounting OfficerSell3.8K$113.65$430K
2026-06-10
filed 2026-06-12
VAN TREASE KRISTINAChief Strategy OfficerSell3.8K$113.65$430K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
433.1K
settled 2026-08-14
Change vs prior
-13.0%
vs previous settlement
Days to cover
2.72
at avg daily volume
Avg daily volume
159.4K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14433.1K-13.0%2.72
2026-07-31497.8K+9.8%2.89
2026-07-15453.4K-10.5%3.21
2026-06-30506.5K+26.4%1.58
2026-06-15400.8K+3.3%2.42
2026-05-29388.0K-3.1%2.73
2026-05-15400.4K+26.1%2.23
2026-04-30317.6K-7.3%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$944.2M$910.9M$831.8M$635.7M$534.6M
Gross profit$455.0M$435.4M$393.6M$290.2M$247.3M
Operating income$243.6M$244.3M$189.7M$147.3M$124.3M
Net income$156.3M$231.7M$174.6M$115.1M$89.7M
Diluted EPS$6.35$9.43$7.12$4.70$3.66

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$295,000$807,000$877,000$957,000$1.5M
Current assets
Total assets$2.36B$2.28B$2.22B$1.71B$1.60B
Current liabilities
Long-term debt
Total liabilities$1.12B$1.15B$1.28B$903.9M$863.9M
Total equity$1.24B$1.12B$933.8M$803.9M$732.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$255.7M$374.4M$95.3M$194.4M$195.7M
Capital expenditure$44.4M$40.2M$44.0M$17.6M$2.7M
Free cash flow$211.3M$334.1M$51.4M$176.8M$193.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$221.1M-6.2%$33.7M$1.37
Q1 FY2026$198.5M1.6%$27.0M$1.10
Q4 FY2025$256.8M5.3%$49.8M$2.02
Q3 FY2025$256.4M-3.9%$42.3M$1.72
Q2 FY2025$235.6M10.8%$36.0M$1.46
Q1 FY2025$195.4M4.0%$28.2M$1.15
Q4 FY2024$243.7M10.0%$38.9M$1.58
Q3 FY2024$266.8M9.5%$149.3M$6.08

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryServices-Equipment Rental & Leasing, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2014
SEC CIK752714

Selected SEC filings

10-Q2026-07-29
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-05
View on EDGAR →
8-K2026-05-11
View on EDGAR →
8-K2026-04-29
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.