Mcgrath Rentcorp (MGRC) Financial Statements
Industry: Equipment Rental & Leasing (Other) (Services)
In fiscal 2025, Mcgrath Rentcorp reported revenue of $944.2M, up 3.7% from $910.9M the year before. Net income was $156.3M (a 16.6% net margin), or $6.35 per diluted share. Gross margin was 48.2% and operating margin was 25.8%. Operating activities generated $255.7M of cash, leaving $211.3M of free cash flow. At fiscal year end, Mcgrath Rentcorp held $2.36B in total assets against $1.12B in total liabilities, including $295,000 of cash and equivalents.
Open the full interactive Mcgrath Rentcorp financials → Quarterly statements, key ratios, valuation history and price charts.
Mcgrath Rentcorp Key Stats
| Share Price | $114.64 |
|---|---|
| Market Cap | $2.81B |
| P/E Ratio | 18.1 |
| Revenue YoY Growth | +3.6% |
| 52-Week Range | $94.39 – $122.81 |
| Shares Outstanding | 24.5 million (basic, 2026 Q2) |
Mcgrath Rentcorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $572.6M | $616.8M | $733.8M | $831.8M | $910.9M | $944.2M |
| Cost of Goods Sold | $81.0M | $78.6M | $93.9M | $137.7M | $174.7M | $172.0M |
| Gross Profit | $263.7M | $281.0M | $336.9M | $393.6M | $435.4M | $455.0M |
| Operating Income | $140.8M | $132.4M | $165.6M | $189.7M | $244.3M | $243.6M |
| Pre-Tax Income | $132.0M | $121.8M | $150.0M | $149.5M | $313.6M | $213.1M |
| Income Tax | $30.1M | $32.1M | $34.9M | $37.6M | $81.9M | $56.8M |
| Net Income | $102.0M | $89.7M | $115.1M | $174.6M | $231.7M | $156.3M |
| Diluted EPS | $4.16 | $3.66 | $4.70 | $7.12 | $9.43 | $6.35 |
Mcgrath Rentcorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $256.4M | $256.8M | $198.5M | $221.1M |
| Net Income | $42.3M | $49.8M | $27.0M | $33.7M |
| Diluted EPS | $1.72 | $2.02 | $1.10 | $1.37 |
Mcgrath Rentcorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.2M | $1.5M | $957,000 | $877,000 | $807,000 | $295,000 |
| Total Assets | $1.28B | $1.60B | $1.71B | $2.22B | $2.28B | $2.36B |
| Total Long-Term Debt | $222.8M | $426.5M | $413.7M | $763.0M | $590.2M | $514.9M |
| Total Liabilities | $593.1M | $863.9M | $903.9M | $1.28B | $1.15B | $1.12B |
| Shareholders' Equity | $682.6M | $732.0M | $803.9M | $933.8M | $1.12B | $1.24B |
Mcgrath Rentcorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $180.5M | $195.7M | $194.4M | $95.3M | $374.4M | $255.7M |
| Cash From Investing | -$53.0M | -$351.7M | -$131.4M | -$391.9M | -$150.8M | -$127.1M |
| Cash From Financing | -$128.5M | $156.2M | -$63.5M | $296.4M | -$223.7M | -$129.1M |
| Free Cash Flow | $166.8M | $193.1M | $176.8M | $51.4M | $334.1M | $211.3M |
Figures from Mcgrath Rentcorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Mcgrath Rentcorp financials page for every line item.
Mcgrath Rentcorp Company Profile
| Ticker | MGRC |
|---|---|
| Exchange | Nasdaq |
| Industry | Equipment Rental & Leasing (Other) (Services) |
| Headquarters | Livermore, California |
| Incorporated in | California |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000752714 |
Frequently Asked Questions
What was Mcgrath Rentcorp's revenue in fiscal 2025?
Mcgrath Rentcorp (MGRC) reported revenue of $944.2M for fiscal 2025.
What is Mcgrath Rentcorp's annual revenue history?
Mcgrath Rentcorp's annual revenue by fiscal year: 2020: $572.6M; 2021: $616.8M; 2022: $733.8M; 2023: $831.8M; 2024: $910.9M; 2025: $944.2M.
What was Mcgrath Rentcorp's net income in fiscal 2025?
Mcgrath Rentcorp reported net income of $156.3M for fiscal 2025.
What was Mcgrath Rentcorp's earnings per share (EPS) in fiscal 2025?
Mcgrath Rentcorp's diluted EPS was $6.35 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Mcgrath Rentcorp generate in fiscal 2025?
Mcgrath Rentcorp generated $211.3M of free cash flow in fiscal 2025.
What was Mcgrath Rentcorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), Mcgrath Rentcorp reported revenue of $221.1M.
How much debt does Mcgrath Rentcorp have?
Mcgrath Rentcorp reported $514.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Mcgrath Rentcorp are outstanding?
Mcgrath Rentcorp reported a weighted average of 24.5 million basic shares outstanding in 2026 Q2.
What is Mcgrath Rentcorp's market cap?
Based on its latest closing price, Mcgrath Rentcorp (MGRC) has a market capitalization of about $2.81B.
When does Mcgrath Rentcorp's fiscal year end?
Mcgrath Rentcorp's fiscal year end, as registered with the SEC, is December 31.
Where is Mcgrath Rentcorp headquartered?
Mcgrath Rentcorp lists its business address in Livermore, California in its SEC filings.
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