MGRC
McGrath RentCorp
NASDAQ: MGRC · INDUSTRIALS · RENTAL & LEASING SERVICES
$118.80
-1.03% today
Updated 2026-04-29
Market cap
$2.92B
P/E ratio
18.71
P/S ratio
3.09x
EPS (TTM)
$6.35
Dividend yield
1.62%
52W range
$94 – $127
Volume
0.2M
McGrath RentCorp (MGRC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $267.07M | $280.41M | $304.16M | $275.64M | $291.37M | $342.67M | $364.07M | $379.32M | $408.12M | $404.54M | $424.08M | $462.03M | $498.33M | $570.23M | $572.55M | $616.83M | $635.66M | $831.84M | $910.94M | $944.24M |
| Revenue growth (YoY) | — | +5.0% | +8.5% | -9.4% | +5.7% | +17.6% | +6.2% | +4.2% | +7.6% | -0.9% | +4.8% | +8.9% | +7.9% | +14.4% | +0.4% | +7.7% | +3.1% | +30.9% | +9.5% | +3.7% |
| Cost of revenue | $145.24M | $149.85M | $168.42M | $154.33M | $160.59M | $175.88M | $195.78M | $210.49M | $225.90M | $227.64M | $239.91M | $255.69M | $265.08M | $304.06M | $308.81M | $350.62M | $376.38M | $438.21M | $475.53M | $509.39M |
| Gross profit | $121.83M | $130.56M | $135.74M | $121.31M | $130.79M | $166.79M | $168.29M | $168.83M | $182.22M | $176.91M | $184.17M | $206.34M | $233.25M | $266.17M | $263.75M | $266.21M | $259.29M | $393.63M | $435.42M | $434.84M |
| Gross margin | 45.6% | 46.6% | 44.6% | 44.0% | 44.9% | 48.7% | 46.2% | 44.5% | 44.6% | 43.7% | 43.4% | 44.7% | 46.8% | 46.7% | 46.1% | 43.2% | 40.8% | 47.3% | 47.8% | 46.1% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $45.50M | $50.03M | $58.06M | $60.24M | $65.55M | $78.13M | $83.78M | $86.36M | $94.46M | $97.15M | $102.01M | $108.70M | $112.57M | $121.19M | $119.09M | $143.50M | $166.34M | $201.64M | $86.78M | $211.35M |
| Operating income | $76.33M | $80.53M | $77.68M | $61.08M | $65.24M | $88.66M | $82.02M | $80.06M | $85.36M | $76.96M | $79.26M | $94.74M | $117.48M | $141.37M | $140.75M | $132.42M | $151.35M | $189.71M | $244.26M | $244.09M |
| Operating margin | 28.6% | 28.7% | 25.5% | 22.2% | 22.4% | 25.9% | 22.5% | 21.1% | 20.9% | 19.0% | 18.7% | 20.5% | 23.6% | 24.8% | 24.6% | 21.5% | 23.8% | 22.8% | 26.8% | 25.9% |
| EBITDA | $123.79M | $134.53M | $138.09M | $124.21M | $127.81M | $156.06M | $154.49M | $156.91M | $166.49M | $161.24M | $160.44M | $173.49M | $198.97M | $230.85M | $235.40M | $238.91M | $258.26M | $299.40M | $468.35M | $350.77M |
| EBITDA margin | 46.4% | 48.0% | 45.4% | 45.1% | 43.9% | 45.5% | 42.4% | 41.4% | 40.8% | 39.9% | 37.8% | 37.5% | 39.9% | 40.5% | 41.1% | 38.7% | 40.6% | 36.0% | 51.4% | 37.1% |
| EBIT | $76.33M | $80.53M | $77.68M | $61.08M | $65.24M | $88.66M | $82.02M | $80.06M | $85.36M | $76.96M | $79.26M | $95.07M | $116.99M | $141.37M | $140.75M | $132.21M | $146.92M | $190.02M | $360.89M | $243.70M |
| Interest expense | $0.00 | $10.72M | $9.98M | $7.11M | $6.19M | $7.61M | $9.15M | $8.69M | $9.28M | $10.09M | $12.21M | $11.62M | $12.30M | $12.33M | $8.79M | $10.46M | $12.23M | $40.56M | $47.24M | $30.62M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $41.08M | $42.41M | $41.20M | $33.33M | $36.48M | $49.60M | $44.78M | $43.40M | $45.71M | $40.47M | $38.25M | $153.92M | $79.41M | $96.81M | $101.98M | $89.70M | $115.14M | $174.62M | $231.73M | $156.31M |
| Net income growth (YoY) | — | +3.2% | -2.8% | -19.1% | +9.5% | +36.0% | -9.7% | -3.1% | +5.3% | -11.5% | -5.5% | +302.4% | -48.4% | +21.9% | +5.3% | -12.0% | +28.4% | +51.7% | +32.7% | -32.5% |
| Profit margin | 15.4% | 15.1% | 13.5% | 12.1% | 12.5% | 14.5% | 12.3% | 11.4% | 11.2% | 10.0% | 9.0% | 33.3% | 15.9% | 17.0% | 17.8% | 14.5% | 18.1% | 21.0% | 25.4% | 16.6% |