MCGRATH RENT (MGRC)
Industrials · Equipment rental and modular building solutions · NASDAQ
Leading equipment and modular building rental provider serving education, commercial, and industrial markets with relocatable classrooms, portable storage, and electronic test equipment.
What MCGRATH RENT does
McGrath Rent is a leading provider of rental equipment and modular buildings across four main segments: Mobile Modular (relocatable modular buildings for classrooms and office space), Portable Storage (steel containers and ground-level offices), TRS-RenTelco (electronic test equipment), and Enviroplex (classroom manufacturing). The company generates revenues primarily from equipment rentals on operating leases and from sales of equipment, with rental revenue recognized on a straight-line basis over lease terms.
Themes: ["Modular classrooms and education infrastructure","Temporary classroom space solutions","Portable storage and logistics","Equipment rental and leasing","Electronic test equipment rental","Commercial and industrial mobility solutions"]
Fundamentals
- Price$114.58 as of 2026-07-09 close
- Market cap$2.8B as of 2026-07-10
- 1-year return-4.3% as of 2026-07-09 close
- P/E18.26 as of 2026-07-10
- Net margin+16.4% as of 2026-07-10
- Gross margin+48.1% as of 2026-07-10
- ROE+12.8% as of 2026-07-10
- Debt / equity0.44 as of 2026-07-10
- Revenue growth (YoY)+3.1% as of 2026-07-10
- Revenue CAGR (3y)+14.1% SEC XBRL
- Beta0.45 as of 2026-07-10
Dividend: yield +1.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Fluctuating demand for modular classrooms driven by public school funding levels, facility bonds, and class size reduction programs; reduced state education funding could significantly impact rental and sales revenues","Operating results subject to significant fluctuation from economic conditions, seasonality, supply chain disruptions, equipment utilization rates, and inflation in materials and labor costs","CEO transition risk following announcement of retiring CEO Joseph Hanna (effective April 3, 2026) and appointment of successor Philip Hawkins, with potential for business disruption and investor uncertainty"]
Competitors & peers
- Williams Scotsman
- Acton Mobile Industries
- ATCO Structures & Logistics
- ModSpace
- Algeco Scotsman Group
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.