MCGRATH RENTCORP MGRC 76.9
Industrials · NASDAQ · Data as of 2026-10-28
MCGRATH RENTCORP (MGRC) has delivered +9.4% annualized revenue growth, +12.8% earnings growth, and +8.3% dividend growth over 10 years of data. Ranked #151 of 1968 stocks overall and #35 of 442 in the Industrials sector by Steady Score.
About MCGRATH RENTCORP
Company Overview
McGrath RentCorp rents and sells relocatable modular buildings, portable storage containers and electronic test equipment. Schools, businesses, contractors, government agencies and other customers use modular classrooms, offices and temporary facilities when they need flexible space. Portable Storage supplies containers for on-site storage, while TRS-RenTelco provides communications, general-purpose and semiconductor test equipment to technology, aerospace and other specialized industrial customers worldwide.
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Business Model & Revenue
Revenue comes from rental payments, delivery and service fees, and sales of used and new equipment. McGrath purchases long-lived assets, deploys them across customers and can earn multiple rental streams before eventual sale. Utilization, rental rates and fleet management determine returns, while branch density supports delivery and service. Education budgets, construction activity, disaster response, technology investment, interest costs and the timing of equipment purchases influence performance.
Key Facts & Market Position
The company reports Mobile Modular, Portable Storage and TRS-RenTelco. The rental model creates recurring revenue backed by reusable assets, and used-equipment sales provide a second source of value. Diversified end markets help balance demand, while capital allocation, utilization, residual values, transportation costs and expansion into new geographic markets are central to long-term returns.