What is MGRC revenue?

McGrath RentCorp (MGRC) reported $951.02M of revenue for the twelve months ended Sep 30, 2026. That is up 2.1% from the year before. Revenue for fiscal 2025 was $944.24M.

Yes. McGrath RentCorp earned $159.34M in net income for the twelve months ended Sep 30, 2026, a net margin of 16.8%.

How much cash and debt does MGRC have?

McGrath RentCorp reported $1.04M in cash and cash equivalents and $618.26M of debt on its most recent balance sheet in SEC filings.

How fast is MGRC revenue growing?

McGrath RentCorp's revenue changed +3.7% in fiscal 2025, to $944.24M. Its compound annual growth rate was +10.5% over 5 years and +8.8% over 10 years.

What is MGRC gross margin?

McGrath RentCorp's gross profit was $464.24M on $951.02M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 48.8%.

What is MGRC free cash flow?

McGrath RentCorp generated $209.78M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $258.89M less capital expenditures.

What is MGRC earnings per share?

Diluted earnings per share were $6.49 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did MGRC last report financial results?

The latest statements here come from McGrath RentCorp's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.

Where does this MGRC financial data come from?

Quantisnow builds these statements from the structured XBRL data McGrath RentCorp files with the SEC. It is provided for information only and is not investment advice.

Financials · MGRC

McGrath RentCorp (MGRC) financials

For the twelve months ended Sep 30, 2026, McGrath RentCorp reported $951.02M of revenue and $159.34M of net income.

Revenue, TTM: $951.02M
Revenue growth, YoY: +2.1%
Net income, TTM: $159.34M
Net income growth, YoY: +9.6%
Net margin: 16.8%
Free cash flow, TTM: $209.78M
EPS, diluted, TTM: $6.49
EPS growth, YoY: +9.8%
Cash: $1.04M
Total debt: $618.26M
P/E: 19.78
P/S: 3.31
Market cap: $3.15B

Annual revenue$944.24M

FY2016FY2025

Annual net income$156.31M

FY2016FY2025

Annual free cash flow$211.30M

FY2016FY2025

MGRC revenue and earnings growth

MGRC revenueQ3 2026$274.61M

Quarter YoY: +7.1%
QoQ: +24.2%
FY YoY: +3.7%
5Y CAGR: +10.5%
10Y CAGR: +8.8%

MGRC revenue was $274.61M in fiscal Q3 2026 (ended Sep 30, 2026), up 7.1% from a year earlier and up 24.2% from the prior quarter. For the full fiscal 2025 it was $944.24M, up 3.7% from fiscal 2024. Compound annual growth was +10.5% over 5 years and +8.8% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

MGRC net incomeQ3 2026$48.80M

Quarter YoY: +15.4%
QoQ: +44.9%
FY YoY: -32.5%
5Y CAGR: +8.9%
10Y CAGR: +14.5%

MGRC net income was $48.80M in fiscal Q3 2026 (ended Sep 30, 2026), up 15.4% from a year earlier and up 44.9% from the prior quarter. For the full fiscal 2025 it was $156.31M, down 32.5% from fiscal 2024. Compound annual growth was +8.9% over 5 years and +14.5% over 10 years. It rose in 6 of the last 10 fiscal years.

MGRC EPSQ3 2026$2.00

Quarter YoY: +16.3%
QoQ: +46.0%
FY YoY: -32.7%
5Y CAGR: +8.8%
10Y CAGR: +14.9%

MGRC diluted EPS was $2.00 in fiscal Q3 2026 (ended Sep 30, 2026), up 16.3% from a year earlier and up 46.0% from the prior quarter. For the full fiscal 2025 it was $6.35, down 32.7% from fiscal 2024. Compound annual growth was +8.8% over 5 years and +14.9% over 10 years.

MGRC free cash flowQ3 2026$53.71M

Quarter YoY: +0.5%
QoQ: +3.3%
FY YoY: -36.8%
5Y CAGR: +4.8%
10Y CAGR: +4.6%

MGRC free cash flow was $53.71M in fiscal Q3 2026 (ended Sep 30, 2026), up 0.5% from a year earlier and up 3.3% from the prior quarter. For the full fiscal 2025 it was $211.30M, down 36.8% from fiscal 2024. Compound annual growth was +4.8% over 5 years and +4.6% over 10 years. It rose in 4 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$944.24M	$910.94M	$831.84M	$635.66M	$534.59M	$572.55M	$570.23M	$498.33M	$462.03M	$424.08M
Cost of revenue	$489.26M	$475.53M	$438.21M	$345.46M	$287.27M	$308.81M	$304.06M	$265.08M	$255.69M	$239.91M
Gross profit	$454.98M	$435.42M	$393.63M	$290.21M	$247.32M	$263.75M	$266.17M	$233.25M	$206.34M	$184.17M
Selling, general and admin	$211.35M	$200.43M	$207.54M	$142.91M	$123.06M	$122.99M	$124.79M	$115.77M	$111.61M	$104.91M
Operating income	$243.62M	$244.26M	$189.71M	$147.29M	$124.26M	$140.75M	$141.37M	$117.48M	$94.74M	$79.26M
Pre-tax income	$213.08M	$313.65M	$149.46M	$134.69M	$115.81M	$132.04M	$129.13M	$104.69M	$83.45M	$66.93M
Income tax	$56.77M	$81.92M	$37.61M	$31.38M	$30.73M	$30.06M	$32.32M	$25.29M	-$70.47M	$28.68M
Net income	$156.31M	$231.73M	$174.62M	$115.14M	$89.70M	$101.98M	$96.81M	$79.41M	$153.92M	$38.25M
EPS, basic	$6.35	$9.44	$7.14	$4.73	$3.70	$4.22	$3.99	$3.29	$6.41	$1.60
EPS, diluted	$6.35	$9.43	$7.12	$4.70	$3.66	$4.16	$3.93	$3.24	$6.34	$1.60
Diluted shares	24.6M	24.6M	24.5M	24.5M	24.5M	24.5M	24.6M	24.5M	24.3M	24.0M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$295.0K	$807.0K	$877.0K	$957.0K	$1.49M	$1.24M	$2.34M	$1.51M	$2.50M	$852.0K
Inventory	$8.03M	$14.30M	$8.03M	-	-	-	-	-	-	-
Goodwill	$332.58M	$323.22M	$323.22M	$106.40M	$132.39M	$28.20M	$28.20M	$27.81M	$27.81M	$27.81M
Total assets	$2.36B	$2.28B	$2.22B	$1.71B	$1.60B	$1.28B	$1.31B	$1.22B	$1.15B	$1.13B
Total debt	$514.92M	$590.21M	$762.98M	$413.74M	$426.45M	$222.75M	$293.43M	$298.56M	$303.41M	$326.27M
Total liabilities	$1.12B	$1.15B	$1.28B	$903.90M	$863.90M	$593.14M	$675.84M	$645.78M	$623.67M	$733.99M
Shareholders' equity	$1.24B	$1.12B	$933.80M	$803.95M	$732.02M	$682.60M	$634.04M	$571.53M	$524.18M	$394.29M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$255.68M	$374.38M	$95.34M	$194.43M	$195.74M	$180.50M	$187.99M	$142.67M	$122.39M	$140.69M
Capital expenditures	$44.38M	$40.23M	$43.99M	$17.62M	$2.68M	$13.72M	$12.08M	$15.66M	$14.62M	$10.55M
Free cash flow	$211.30M	$334.15M	$51.35M	$176.81M	$193.06M	$166.78M	$175.91M	$127.00M	$107.77M	$130.15M
Investing cash flow	-$127.11M	-$150.75M	-$391.87M	-$131.43M	-$351.70M	-$53.00M	-$143.14M	-$104.49M	-$70.85M	-$60.18M
Financing cash flow	-$129.08M	-$223.69M	$296.44M	-$63.53M	$156.20M	-$128.45M	-$44.02M	-$39.07M	-$49.85M	-$80.76M
Dividends paid	$47.90M	$46.76M	$45.56M	$44.27M	$42.18M	$39.77M	$35.54M	$30.94M	$24.88M	$24.45M
Share repurchases	-	-	-	-	-	$13.62M	-	-	-	-
Stock-based compensation	$11.22M	$9.50M	$8.28M	$8.01M	$7.67M	$5.55M	$5.89M	$4.11M	$3.20M	$3.09M
Depreciation and amortization	$107.07M	$107.45M	$109.38M	$111.34M	$106.69M	$94.64M	$89.48M	$81.97M	$78.42M	$81.18M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	3.7%	9.5%	30.9%	18.9%	-6.6%	0.4%	14.4%	7.9%	8.9%	4.8%
Net income growth, YoY	-32.5%	32.7%	51.7%	28.4%	-12.0%	5.3%	21.9%	-48.4%	302.4%	-5.5%
EPS growth, YoY	-32.7%	32.4%	51.5%	28.4%	-12.0%	5.9%	21.3%	-48.9%	296.3%	0.6%
Gross margin	48.2%	47.8%	47.3%	45.7%	46.3%	46.1%	46.7%	46.8%	44.7%	43.4%
Operating margin	25.8%	26.8%	22.8%	23.2%	23.2%	24.6%	24.8%	23.6%	20.5%	18.7%
Net margin	16.6%	25.4%	21.0%	18.1%	16.8%	17.8%	17.0%	15.9%	33.3%	9.0%
Free cash flow margin	22.4%	36.7%	6.2%	27.8%	36.1%	29.1%	30.8%	25.5%	23.3%	30.7%
Return on equity	12.6%	20.6%	18.7%	14.3%	12.3%	14.9%	15.3%	13.9%	29.4%	9.7%
Return on assets	6.6%	10.2%	7.9%	6.7%	5.6%	8.0%	7.4%	6.5%	13.4%	3.4%
Debt to equity	0.42	0.53	0.82	0.51	0.58	0.33	0.46	0.52	0.58	0.83

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$274.61M	$221.11M	$198.54M	$256.76M	$256.44M	$235.62M	$195.42M	$243.75M	$266.76M	$212.61M	$187.83M	$221.59M
Cost of revenue	$143.73M	$113.20M	$101.65M	$128.19M	$137.19M	$124.90M	$98.98M	$128.99M	$142.78M	$109.20M	$94.56M	$111.47M
Gross profit	$130.87M	$107.91M	$96.89M	$128.57M	$119.26M	$110.71M	$96.44M	$114.75M	$123.98M	$103.42M	$93.27M	$110.12M
Selling, general and admin	$56.94M	$56.44M	$53.49M	$54.40M	$52.54M	$53.54M	$50.87M	$51.67M	$49.30M	$49.00M	$50.46M	$54.51M
Operating income	$73.94M	$53.28M	$43.40M	$74.17M	$66.72M	$57.17M	$45.57M	$63.09M	$74.68M	$54.41M	$52.09M	$55.67M
Pre-tax income	$65.97M	$46.13M	$36.87M	$67.70M	$58.51M	$49.46M	$37.41M	$51.96M	$202.82M	$28.98M	$29.89M	$43.69M
Income tax	$17.16M	$12.46M	$9.84M	$17.87M	$16.21M	$13.48M	$9.21M	$13.01M	$53.50M	$8.36M	$7.05M	$11.68M
Net income	$48.80M	$33.67M	$27.03M	$49.83M	$42.30M	$35.97M	$28.21M	$38.95M	$149.32M	$20.62M	$22.85M	$32.02M
EPS, basic	$2.00	$1.38	$1.10	$2.02	$1.72	$1.46	$1.15	$1.59	$6.08	$0.84	$0.93	$1.31
EPS, diluted	$2.00	$1.37	$1.10	$2.02	$1.72	$1.46	$1.15	$1.58	$6.08	$0.84	$0.93	$1.30
Diluted shares	24.5M	24.5M	24.7M	-	24.6M	24.6M	24.6M	-	24.6M	24.6M	24.6M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$1.04M	$4.38M	$2.36M	$295.0K	$7.26M	$1.47M	$3.39M	$807.0K	$4.06M	$9.40M	$1.91M	$877.0K
Inventory	$9.59M	$15.18M	$11.14M	$8.03M	$13.42M	$12.30M	$17.11M	$14.30M	$22.29M	$28.21M	$24.55M	$8.03M
Goodwill	$337.36M	$337.35M	$332.58M	$332.58M	$332.37M	$332.37M	$323.22M	$323.22M	$323.22M	$323.22M	$323.22M	$323.22M
Total assets	$2.58B	$2.50B	$2.38B	$2.36B	$2.35B	$2.33B	$2.24B	$2.28B	$2.29B	$2.32B	$2.26B	$2.22B
Total debt	$618.26M	$589.89M	$546.00M	$514.92M	$551.80M	$572.52M	$559.34M	$590.21M	$608.56M	$794.27M	$798.56M	$762.98M
Total liabilities	$1.30B	$1.26B	$1.14B	$1.12B	$1.15B	$1.16B	$1.11B	$1.15B	$1.19B	$1.36B	$1.32B	$1.28B
Shareholders' equity	$1.28B	$1.25B	$1.24B	$1.24B	$1.20B	$1.16B	$1.14B	$1.12B	$1.09B	$954.23M	$943.02M	$933.80M

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$72.28M	$63.33M	$42.37M	$80.92M	$65.07M	$55.81M	$53.88M	$36.78M	$198.97M	$79.21M	$59.42M	-$23.56M
Capital expenditures	$18.57M	$11.36M	$8.04M	$11.14M	$11.61M	$17.63M	$3.99M	$4.16M	$5.95M	$4.85M	$25.28M	$27.54M
Free cash flow	$53.71M	$51.97M	$34.33M	$69.77M	$53.46M	$38.18M	$49.89M	$32.62M	$193.02M	$74.36M	$34.14M	-$51.10M
Investing cash flow	-$85.11M	-$77.41M	-$41.01M	-$39.06M	-$26.45M	-$58.90M	-$2.70M	-$9.94M	-$6.93M	-$55.77M	-$78.11M	-$60.32M
Financing cash flow	$9.49M	$16.11M	$708.0K	-$48.82M	-$32.83M	$1.16M	-$48.59M	-$30.09M	-$197.37M	-$15.95M	$19.73M	$82.81M
Dividends paid	$12.10M	$12.17M	$12.49M	$11.94M	$11.94M	$11.94M	$12.08M	$11.66M	$11.66M	$11.66M	$11.77M	$11.39M
Share repurchases	$6.77M	$15.54M	$11.91M	-	-	-	-	-	-	-	-	-
Stock-based compensation	$2.77M	$2.86M	$2.82M	$3.14M	$2.77M	$2.78M	$2.54M	$2.55M	$2.39M	$2.35M	$2.21M	$3.00M
Depreciation and amortization	$29.69M	$28.46M	$27.82M	$27.35M	$26.98M	$26.34M	$26.40M	$26.63M	$26.69M	$26.94M	$27.19M	$27.53M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	7.1%	-6.2%	1.6%	5.3%	-3.9%	10.8%	4.0%	10.0%	9.5%	4.7%	14.7%	21.2%
Net income growth, YoY	15.4%	-6.4%	-4.2%	27.9%	-71.7%	74.5%	23.5%	21.7%	269.9%	-32.6%	-68.1%	-19.2%
EPS growth, YoY	16.3%	-6.2%	-4.3%	27.8%	-71.7%	73.8%	23.7%	21.5%	268.5%	-32.8%	-68.2%	-19.3%
Gross margin	47.7%	48.8%	48.8%	50.1%	46.5%	47.0%	49.3%	47.1%	46.5%	48.6%	49.7%	49.7%
Operating margin	26.9%	24.1%	21.9%	28.9%	26.0%	24.3%	23.3%	25.9%	28.0%	25.6%	27.7%	25.1%
Net margin	17.8%	15.2%	13.6%	19.4%	16.5%	15.3%	14.4%	16.0%	56.0%	9.7%	12.2%	14.4%
Free cash flow margin	19.6%	23.5%	17.3%	27.2%	20.8%	16.2%	25.5%	13.4%	72.4%	35.0%	18.2%	-23.1%
Debt to equity	0.48	0.47	0.44	0.42	0.46	0.49	0.49	0.53	0.56	0.83	0.85	0.82

Source: XBRL data McGrath RentCorp files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MGRC peers

Company	Revenue	Growth	Net income	Net margin	Market cap
MGRC	$951.02M	+2.1%	$159.34M	16.8%	$3.15B
ABNBAirbnb Inc.	$13.93B	+16.7%	$3.21B	23.0%	$111.80B
URIUnited Rentals Inc.	$17.50B	+9.4%	$2.86B	16.3%	$69.85B
PYPLPayPal Holdings Inc.	$34.30B	+4.4%	$4.73B	13.8%	$49.88B
PAYXPaychex Inc.	$6.60B	+14.0%	$1.81B	27.4%	$40.85B
SUNBSunbelt Rentals Holdings Inc.	$11.47B	-	$1.39B	12.1%	$33.45B
AERAerCap Holdings N.V.	$8.52B	+6.5%	$3.75B	44.0%	$27.09B
ROLRollins Inc.	$3.99B	+8.3%	$526.12M	13.2%	$18.52B
APGAPi Group Corporation	$8.91B	+16.4%	$367.00M	4.1%	$18.07B

MGRC FAQ

9 questions

What is MGRC revenue?
McGrath RentCorp (MGRC) reported $951.02M of revenue for the twelve months ended Sep 30, 2026. That is up 2.1% from the year before. Revenue for fiscal 2025 was $944.24M.
Is MGRC profitable?
Yes. McGrath RentCorp earned $159.34M in net income for the twelve months ended Sep 30, 2026, a net margin of 16.8%.
How much cash and debt does MGRC have?
McGrath RentCorp reported $1.04M in cash and cash equivalents and $618.26M of debt on its most recent balance sheet in SEC filings.
How fast is MGRC revenue growing?
McGrath RentCorp's revenue changed +3.7% in fiscal 2025, to $944.24M. Its compound annual growth rate was +10.5% over 5 years and +8.8% over 10 years.
What is MGRC gross margin?
McGrath RentCorp's gross profit was $464.24M on $951.02M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 48.8%.
What is MGRC free cash flow?
McGrath RentCorp generated $209.78M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $258.89M less capital expenditures.
What is MGRC earnings per share?
Diluted earnings per share were $6.49 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did MGRC last report financial results?
The latest statements here come from McGrath RentCorp's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
Where does this MGRC financial data come from?
Quantisnow builds these statements from the structured XBRL data McGrath RentCorp files with the SEC. It is provided for information only and is not investment advice.