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McGrath RentCorp (MGRC) is a financial services company in the rental financing operations industry, based in Livermore, United States, with about 1,306 full-time employees.
It reported revenue of $944.24 million for fiscal year 2025, up 3.7% from fiscal year 2024, and net income of $156.31 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $221.11 million, down 6.2% from a year before. Its largest business segment, Mobile Modular, brought in 68% of segment revenue in fiscal year 2025; United States was the largest region with 98%. Its market capitalization was $2.78 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
McGrath RentCorp operates as a business-to-business rental company in the United States and internationally. The company also engages in renting and selling relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex.
McGrath RentCorp reported $944.24 million in revenue for fiscal year 2025, up 3.7% from $910.94 million in fiscal year 2024. In Q2 2026 revenue was $221.11 million.
Mobile Modular, with $645.13 million or 68% of segment revenue in fiscal year 2025. Next: TRS - Ren Telco (16%) and Portable Storage (10%).
United States: 98% of revenue by region in fiscal year 2025, followed by Foreign (2%).
$2.78 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (rental financing operations) include Air Lease Corporation (AL), Gatx Corporation (GATX), WillScot Holdings Corporation (WSC), Willis Lease Finance Corporation (WLFC).