# McGrath RentCorp (MGRC)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $2.78B  
**Price:** $112.96 (+0.16%)

> McGrath RentCorp is a diversified equipment rental and leasing company serving multiple industries across the Americas and internationally. The company specializes in renting modular buildings, electronic test equipment, and software solutions to businesses of varying sizes. McGrath RentCorp's modular building division provides temporary and semi-permanent structures for construction, disaster recovery, and educational facilities, while its electronics division offers rental solutions for manufacturers and service providers requiring specialized testing equipment. The company also provides software-as-a-service offerings that complement its core rental operations. McGrath RentCorp operates through a network of regional offices, serving customers in construction, energy, telecommunications, manufacturing, and government sectors. The company maintains a fleet of equipment and facilities designed to support businesses seeking flexible, cost-effective alternatives to purchasing capital equipment. McGrath RentCorp serves diverse customer bases ranging from individual contractors to large enterprises, offering rental solutions that provide operational flexibility and reduce capital expenditure requirements for its clients.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $944M | $455M | $244M | $156M | — |
| 2024 | $911M | $435M | $244M | $232M | — |
| 2023 | $832M | $394M | $190M | $175M | — |
| 2022 | $155M | $290M | $147M | $115M | — |
| 2021 | $129M | $247M | $124M | $90M | — |
| 2020 | $128M | $264M | $141M | $102M | — |
| 2019 | $115M | $266M | $141M | $97M | — |
| 2018 | $97M | $233M | $117M | $79M | — |
| 2017 | $95M | $206M | $95M | $154M | — |
| 2016 | $77M | $184M | $79M | $38M | — |
| 2015 | $405M | $177M | $77M | $40M | — |
| 2014 | $408M | $182M | $85M | $46M | — |
| 2013 | $380M | $169M | $80M | $43M | — |
| 2012 | $364M | $168M | $82M | $45M | — |
| 2011 | $343M | $167M | $89M | $50M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.36B | $1.12B | $1.24B | $295,000 | — |
| 2024 | $2.28B | $1.15B | $1.12B | $807,000 | — |
| 2023 | $2.22B | $1.28B | $934M | $877,000 | — |
| 2022 | $1.71B | $904M | $804M | $957,000 | — |
| 2021 | $1.60B | $864M | $732M | $1M | — |
| 2020 | $1.28B | $593M | $683M | $1M | — |
| 2019 | $1.31B | $676M | $634M | $2M | — |
| 2018 | $1.22B | $646M | $572M | $2M | — |
| 2017 | $1.15B | $624M | $524M | $3M | — |
| 2016 | $1.13B | $734M | $394M | $852,000 | — |
| 2015 | $1.15B | $773M | $380M | $1M | — |
| 2014 | $1.12B | $692M | $425M | $1M | — |
| 2013 | $1.03B | $627M | $401M | $2M | — |
| 2012 | $972M | $608M | $365M | $2M | $302M |
| 2011 | $919M | $586M | $333M | $1M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $256M | $44M | $211M |
| 2024 | $374M | $40M | $334M |
| 2023 | $95M | $44M | $51M |
| 2022 | $194M | $18M | $177M |
| 2021 | $196M | $3M | $193M |
| 2020 | $181M | $14M | $167M |
| 2019 | $188M | $12M | $176M |
| 2018 | $143M | $16M | $127M |
| 2017 | $122M | $15M | $108M |
| 2016 | $141M | $11M | $130M |
| 2013 | $134M | $12M | $122M |
| 2012 | $126M | $14M | $112M |
| 2011 | $129M | $17M | $112M |
| 2010 | $101M | $12M | $88M |
| 2009 | $122M | $2M | $120M |

Source: [CompaniesByCap](https://companiesbycap.com/company/MGRC)