MARKETS / NASDAQ / MGRC

NASDAQ · SERVICES-EQUIPMENT RENTAL & LEASING, NEC · LARGE CAP

Mcgrath Rentcorp MGRC

17 fiscal years on record · USD · FY2025 reported · SEC filings only

16 YEARS OF DIVIDEND GROWTH

Revenue

$944.2M

▲ 3.7% YoY

Net income

$156.3M

▼ 32.5% YoY

Free cash flow

$211.3M

▼ 36.8% YoY

In brief

What this company does

As of December 31, 2025, the company had 1,306 employees, of whom 148 were primarily administrative and executive personnel, with 725, 206, 131 and 96 in the operations of Mobile Modular, Portable Storage, TRS-RenTelco and Enviroplex, respectively. At December 31, 2025, it was comprised of four reportable business segments: its modular building segment, Mobile Modular; its portable storage container segment, Portable Storage; its electronic test equipment segment, TRS-RenTelco; and its classroom manufacturing business selling modular buildings used primarily as classrooms in California, Enviroplex. At December 31, 2025, Mobile Modular owned 41,722 new or previously rented modulars, with an aggregate cost of $1,485.8 million including accessories, or an average cost per unit of $35,612. Portable Storage's rental inventory is comprised of steel containers used to provide a temporary storage solution that is delivered to the customer's location, addressing the need for secure, temporary storage with immediate access to the unit. TRS-RenTelco rents and sells electronic test equipment nationally and internationally from two facilities located on the grounds of the Dallas Fort Worth International Airport in Grapevine, Texas and in Dollard-des-Ormeaux, Canada. Enviroplex manufactures portable classrooms built to the requirements of the California Division of the State Architect and sells directly to California public school districts and other educational institutions. McGrath RentCorp is a California corporation organized in 1979 with corporate offices located in Livermore, California.

Written from the business description in MCGRATH RENTCORP's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth

USD 944.2M

Revenue, FY2025 · full 17-year series below

Revenue $M Net income $M

FY2025 · Revenue 944.2 · Net income 156.3

Compound annual growth

Revenue

+14.1%

+10.5%

+8.8%

+8.2%

Net income

+10.7%

+8.9%

+14.5%

+10.2%

EPS, diluted

+10.5%

+8.8%

+14.9%

+10.1%

Dividend / share

+2.2%

+2.9%

+6.9%

+5.3%

Returned to shareholders

+2.7%

−2.1%

−5.9%

+5.5%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +10.5% a year over five years — but profit grew slower: net income at +8.9%, earnings per share at +8.8%.

The share count rose from 0.02B to 0.02B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

17 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 25.8% · Net 16.6%

ROE

FY2025 · ROE 13.2%

Gross margin48.2%

Operating margin25.8%

Net margin16.6%

Return on assets6.7%

EBITDAUSD 350.7M

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders

USD 47.9M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 211.3

Net buybacks $M Dividends $M

FY2025 · Dividends 47.9 · Net buybacks —

Dividends paidUSD 47.9M

Net buybacks—

Share of profit30.6%

Consecutive raises16 years

USD 47.9M in dividends — 31% of the year's profit went back to shareholders.

Total assetsUSD 2.4B

EquityUSD 1.2B

CashUSD 295,000.00

Gross debtUSD 514.9M

Net debtUSD 514.6M

Net debt stands at 42% of equity.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.9	0.9	0.8	0.6	0.5	0.6	0.6	0.5	0.5	0.4	0.4	0.4	0.4	0.4	0.3	0.3	0.3
Operating income $B	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
EBITDA $B	0.4	0.4	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1
Income tax $B	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	−0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.2	0.3	0.1	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
EPS, diluted $	6.35	9.43	7.12	4.70	3.66	4.16	3.93	3.24	6.34	1.60	1.59	1.75	1.67	1.78	2.00	1.50	1.40
Dividend / sh $	1.94	1.90	1.86	1.82	1.74	1.68	1.50	1.36	1.04	1.02	1.00	0.98	0.96	0.94	0.92	0.90	0.88
Payout %	31	20	26	38	47	39	37	39	16	64	64	56	56	52	45	59	61
ROE %	13.2	22.5	20.1	15.0	12.7	15.5	16.1	14.5	33.5	9.9	10.1	11.1	11.3	12.8	15.8	13.0	12.5
Shares out B	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.03	0.03	0.02	0.02	0.02	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 67 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 9 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityServices-Equipment Rental & Leasing, NEC

Listed onNASDAQ

Incorporated inCalifornia

Fiscal year endsDecember 31

Data on record since2009