MCGRATH RENTCORP
McGrath RentCorp (NASDAQ: MGRC) is a diversified business-to-business rental company headquartered in Livermore, California and operating since 1979. The company maintains a website at www.mgrc.com and employs 1,306 people across its operations. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What MCGRATH RENTCORP does
In the company’s own words
McGrath RentCorp (NASDAQ: MGRC) is a diversified business-to-business rental company headquartered in Livermore, California and operating since 1979. The company maintains a website at www.mgrc.com and employs 1,306 people across its operations.
The company operates three primary rental divisions supported by four reportable business segments. Mobile Modular rents relocatable modular buildings designed for temporary classroom space, offices, construction field offices, healthcare facilities, and other applications. The modular fleet comprises 41,722 units with an average cost of $35,612 per unit and achieved 70.7% utilization at year-end 2025. Portable Storage rents steel shipping containers and office containers nationally, operating 42,262 containers with an average cost of $5,801 per unit and 59.0% utilization. TRS-RenTelco rents and sells electronic test equipment nationally and internationally from facilities in Texas and Canada, maintaining inventory with an aggregate cost of $337.1 million and 63.2% utilization.
The fourth segment, Enviroplex, manufactures portable classrooms built to California specifications and sells directly to California public school districts. Classroom rentals and sales to public schools represent a significant revenue stream, comprising 25% of consolidated rental and sales revenues in 2025.
McGrath's business model emphasizes rental revenue growth from an expanding asset base combined with improved gross profit margins. The company recovers its original equipment investment through rental revenues within approximately three to four years depending on product type. When rental equipment is sold from inventory, a substantial portion of the original investment is typically recovered. The company operates large regional sales and inventory centers for modulars and maintains a centralized distribution facility for electronic test equipment, enabling operational leverage through shared senior management and back-office functions.
The rental industry for modular buildings is estimated at over $5.0 billion in aggregate original equipment cost, while the electronic test equipment rental market exceeds $1 billion. The portable storage container market serves diverse segments including construction, retail, commercial, industrial, energy, manufacturing, education, and healthcare sectors. McGrath competes on product availability, quality, service, pricing, and reliability across all three rental divisions.
Company details
- Sector
- Technology
- Industry
- Business Services & Software
- Headquarters
- LIVERMORE, CA
- Fiscal year end
- December
- CIK
- 752714
- SIC
- 7359
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns MCGRATH RENTCORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · MCGRATH RENTCORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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