McGrath Celebrates 40th Listing Anniversary

McGrath RentCorp (MGRC), a leading North American business-to-business rental company, has achieved a significant milestone by completing its 40th anniversary as a Nasdaq-listed company.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Very Positive)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Tags

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

02/10/2025 - 04:01 PM EST

LIVERMORE, Calif.--(BUSINESS WIRE)-- McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the completion of the major milestone of its 40th anniversary listed on the Nasdaq.

In recognition of this milestone, McGrath will be honored by being displayed on the Nasdaq Tower in Times Square on February 11.

Joe Hanna, President and CEO, remarked, “Our company crossed the 2024 finish line, marking the completion of an impressive milestone—the 40th anniversary of McGrath's listing on the Nasdaq.

I would like to recognize and thank all our leaders and team members, customers, shareholders, and stakeholders throughout the years for your focus, commitment, and confidence in our company. McGrath remains well positioned to continue to grow for many years ahead and to achieve many more milestones.”

ABOUT MCGRATH:

McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Founded in 1979, McGrath’s operations are centered on modular solutions through its Mobile Modular and Mobile Modular Portable Storage businesses. In addition, its TRS-RenTelco business offers electronic test equipment rental solutions. The Company’s rental product offerings and services are part of the circular supply economy, helping customers work more efficiently, and sustainably manage their environmental footprint. With over 40 years of experience, McGrath’s success is driven by a focus on exceptional customer experiences. This focus has underpinned the Company’s long-term financial success and supported over 30 consecutive years of annual dividend increases to shareholders, a rare distinction among publicly listed companies.

Headquartered in Livermore, California. Additional information about McGrath and its businesses is available at mgrc.com and investors.mgrc.com.