Welcome to our dedicated page for Mcgrath Rentcorp news (Ticker: MGRC), a resource for investors and traders seeking the latest updates and insights on Mcgrath Rentcorp stock.
McGrath RentCorp reports recurring developments for a North American business-to-business rental company centered on modular space solutions, portable storage and electronic test equipment. Its updates commonly cover rental revenue, equipment sales, fleet investment, and operating trends across Mobile Modular, Mobile Modular Portable Storage, TRS-RenTelco and Enviroplex.
Company news also includes dividend declarations and annual dividend increases, earnings-call schedules, investor-conference participation and governance updates such as executive succession. Segment commentary often links modular demand, site-related services, geographic expansion and test-equipment rentals to broader customer project activity.
McGrath RentCorp (Nasdaq: MGRC) reported second quarter 2026 total revenues of $221.1 million, down 6% year over year, with net income of $33.7 million and diluted EPS of $1.37 versus $1.46 a year ago. Rental operations revenues rose 6% to $172.5 million, but sales revenues fell 34% to $46.4 million, driving a 7% decline in income from operations to $53.3 million and a 4% decline in Adjusted EBITDA to $82.8 million. Other income increased by $1.8 million from a corporate property sale.
Mobile Modular rental revenues grew 2% while sales revenues declined 23%; Portable Storage Adjusted EBITDA fell 23% on higher trucking and preparation costs; TRS-RenTelco delivered 17% rental revenue growth and a 29% Adjusted EBITDA increase. McGrath declared a quarterly dividend of $0.495 per share, a 1.7% annualized yield on the July 28, 2026 closing price. For full-year 2026, the company updated guidance to total revenue of $955–$985 million, Adjusted EBITDA of $363–$375 million, and gross rental equipment capex of $200–$220 million.
McGrath RentCorp (Nasdaq: MGRC) announced its participation in the CJS Securities 26th Annual “New Ideas” Summer Conference in White Plains, NY on Thursday, July 9, 2026. The company is a leading business-to-business rental provider in North America.
McGrath RentCorp (Nasdaq: MGRC) will release its second quarter 2026 financial results after market close on Wednesday, July 29, 2026. The company will host a conference call at 5:00 p.m. ET (2:00 p.m. PT), with access via phone and live webcast.
A replay will be available for 7 days and through the investor relations website.
McGrath RentCorp (Nasdaq: MGRC) declared a quarterly cash dividend of $0.495 per common share for the quarter ending June 30, 2026. The dividend is payable on July 31, 2026 to shareholders of record on July 17, 2026. The company reports 35 consecutive years of dividend increases.
McGrath RentCorp (Nasdaq: MGRC) completed a new $725 million revolving credit facility with a bank syndicate. The five-year facility matures on May 8, 2031 and replaces the prior $650 million line of credit.
Proceeds are designated for working capital, capital expenditures and general corporate purposes.
McGrath RentCorp (Nasdaq: MGRC) will participate in the Oppenheimer 21st Annual Industrial Growth Conference, held virtually on Wednesday, May 6, 2026. The company is scheduled to present and engage with investors and analysts during the virtual event.
McGrath (Nasdaq: MGRC) reported Q1 2026 results: total revenue $198.5M (+2% YoY) and net income $27.0M ($1.10 diluted). Rental operations revenue rose 5% to $162.2M while sales revenue fell 13% to $34.0M. Adjusted EBITDA was $74.1M (-1%). The company declared a $0.495 quarterly dividend. Full‑year 2026 guidance: revenue $945–$995M, Adjusted EBITDA $360–$378M, and rental capex $180–$200M.
McGrath RentCorp (Nasdaq: MGRC) will release first-quarter 2026 financial results for the period ending March 31, 2026, after market close on Wednesday, April 29, 2026.
The company will discuss results on a conference call at 5:00 p.m. ET / 2:00 p.m. PT on April 29, 2026, accessible by phone or live webcast; a replay will be available for seven days.
McGrath RentCorp (Nasdaq: MGRC) will participate in the Sidoti Small Cap Conference, held virtually on Thursday, March 19, 2026. The company said its management team will present and engage with investors during the virtual session.
McGrath (Nasdaq: MGRC) reported Q4 2025 revenue of $256.8M (+5% YoY) and net income of $49.8M ($2.02 diluted EPS), with full-year revenue of $944.2M (+4%). GAAP net income fell to $156.3M from $231.7M in 2024, though excluding one-time 2024 items adjusted net income rose 7%.
The board declared a quarterly cash dividend of $0.495 payable April 30, 2026; 2026 guidance: revenue $945–$995M, Adjusted EBITDA $360–$378M, and gross rental equipment capex $180–$200M.