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) 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.
McGrath (Nasdaq: MGRC) announced a CEO succession: Philip B. Hawkins, currently Executive Vice President and Chief Operating Officer, will become President and Chief Executive Officer effective April 3, 2026. Joseph F. Hanna will retire from the CEO role on that date and remain on McGrath’s Board of Directors.
The board described Hawkins as a long-tenured leader at McGrath since 2004 and cited a planned, board-approved succession to maintain the company’s strategy and growth momentum. Hawkins, Hanna, and CFO Keith Pratt will join the February 25, 2026 earnings call.
McGrath (Nasdaq: MGRC) will present at the Barclays 43rd Annual Industrial Select Conference in Miami Beach on Tuesday, February 17, 2026 at 11:00 a.m. ET. A simultaneous webcast and slides will be posted to the company's investor site under Events and Presentations.
A replay will be available on the investor website for approximately 180 days shortly after the presentation.
McGrath RentCorp (Nasdaq: MGRC) will release fourth-quarter results for the period ended December 31, 2025, after market close on Wednesday, February 25, 2026. The company will host a conference call the same day at 5:00 p.m. ET / 2:00 p.m. PT to discuss results.
Investors may join by phone at 1-800-274-8461 (international 1-203-518-9814) or listen via live webcast at https://investors.mgrc.com/. A replay will be available for 7 days at 1-800-839-5152 (international 1-402-220-2694) and on the investor relations website under events and presentations.
McGrath RentCorp (Nasdaq: MGRC) declared a quarterly cash dividend of $0.485 per common share for the quarter ending December 31, 2025. The dividend is payable on January 30, 2026 to shareholders of record on January 16, 2026. 2025 marks 34 consecutive years McGrath has raised its dividend, continuing the company's long track record of shareholder distributions.