McGrath RentCorp (MGRC)

McGrath RentCorp last reported earnings on February 25, 2026, with shares gaining 1.1% initially but then drifting 6.8% lower. The company reported a 5% increase in total revenues and a 14% increase in adjusted EBITDA for Q4 2025 and announced its 35th consecutive annual dividend increase. The company expects total revenue between $945 million and $995 million and adjusted EBITDA between $360 million and $378 million for 2026. The stock's 52-week trading range has been between $94.99 and $128.41.

Demand for McGrath RentCorp's products and services exhibits some seasonality and is influenced by various market conditions. TRS-RenTelco experienced robust demand throughout Q4 2025, with only a modest seasonal slowdown at year-end. Portable Storage rental revenues benefited from incremental seasonal retail business in Q4 2025. The Mobile Modular segment generally experiences strong underlying demand, particularly from the education sector.

McGrath RentCorp, founded in 1979 and based in Livermore, California, is a diversified business-to-business rental company operating in the Professional & Commercial Services sector. The company operates through five divisions: Mobile Modular, which rents and sells relocatable modular buildings; Mobile Modular Portable Storage, which offers steel containers for temporary storage; TRS-RenTelco, which rents and sells electronic test and communications equipment; Kitchens To Go, which provides commercial kitchens; and Enviroplex, which manufactures and sells portable classrooms.

McGrath RentCorp primarily operates across the United States through its Mobile Modular and Mobile Modular Portable Storage divisions. TRS-RenTelco has a global reach, serving customers internationally, including in Canada. The company's headquarters are in Livermore, California, and recent acquisitions have expanded its geographic footprint, notably in the South Carolina market.

McGrath RentCorp maintains a strong brand reputation built on over 47 years of experience and a focus on customer experiences. The company is recognized for its reliability, customer focus, and a values-driven culture. There have been no specific events negatively impacting McGrath RentCorp's reputation in the past year.

McGrath RentCorp has significant institutional ownership, with 271 institutional owners holding 21,986,318 shares, representing 90.2% of the company's outstanding shares as of December 2025. Major institutional owners include Vanguard Group Inc., River Road Asset Management, LLC, and BlackRock, Inc. Robert P. McGrath is a significant individual shareholder, owning 1.30 million shares, representing 5.26% of the company.