Welcome to our dedicated page for Mcgrath Rentcorp SEC filings (Ticker: MGRC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
McGrath RentCorp filings document the regulatory record of a business-to-business rental company with modular space, portable storage and electronic test equipment operations. Form 8-K reports furnish quarterly and annual results, rental and sales revenue trends, segment commentary, dividend actions and management discussion attached to earnings releases.
Other filings cover governance and capital structure. The definitive proxy statement addresses board matters, executive compensation and pay-versus-performance disclosures, while material-event reports record executive succession, director and bylaw changes, compensatory arrangements and unsecured senior note financing with covenant and maturity terms.
McGrath RentCorp has entered into a Third Amended and Restated Credit Agreement, completing a new $725 million five-year revolving credit facility with a syndicate of banks. This facility replaces the company’s prior $650 million line of credit and extends maturity to May 8, 2031.
The agreement includes a $40 million sublimit for standby letters of credit and a $20 million sublimit for swingline loans, and allows additional term loans or increased commitments under specified conditions. McGrath plans to use the proceeds for working capital, capital expenditures and other general corporate purposes.
McGrath RentCorp director Joseph F. Hanna reported an internal plan-related share restructuring. On the company’s Common Stock, 400 shares tied to a KSOP were disposed of on May 5, 2026 at $113.06 per share pursuant to a rollover election under the McGrath RentCorp Employee Stock Ownership and 401(k) Plan, leaving 0 indirect shares reported through the KSOP.
McGrath RentCorp director Joseph F. Hanna reported open-market sales of a total of 10,000 shares of Common Stock. On May 4, 2026, he sold 9,070 shares at a weighted average price of $112.4623 and 400 shares at $113.1925 per share. On May 5, 2026, he sold 530 shares at $112.00 per share. After these transactions, he directly holds 159,049 shares of McGrath RentCorp common stock.
McGrath Rentcorp filed a Form 144 reporting a proposed sale of 10,000 common shares through Charles Schwab & Co., Inc. The filing lists Charles Schwab & Co., Inc., 3000 Schwab Way, Westlake, TX 76262 and indicates NASDAQ as the market. The filing shows related equity‑compensation awards: stock appreciation rights dated 05/18/2022 for 3,636 units and 05/24/2022 for 6,364 units.
McGrath RentCorp reports that Vanguard Capital Management beneficially owns 1,299,281 shares of Common Stock, representing 5.27% of the class. The filing lists sole power to vote for 189,187 shares and sole dispositive power for 1,299,281 shares. The filing is signed by Ashley Grim and dated 04/30/2026. The disclosure states these holdings include shares held for Vanguard funds and managed accounts over which Vanguard or its affiliates exercise voting or dispositive power.
McGrath RentCorp reported modestly higher revenue but slightly lower profit for the quarter ended March 31, 2026. Total revenues rose 2% to $198.5 million, while net income declined 4% to $27.0 million. Diluted earnings per share slipped to $1.10 from $1.15.
Rental operations remained the core, contributing about 82% of revenue. Segment performance was mixed: TRS-RenTelco delivered a 23% gross profit increase and 51% higher pre-tax income, while Mobile Modular and Portable Storage saw lower gross profit due to higher service and preparation costs. Enviroplex generated a small operating loss.
Operating cash flow was strong at $42.4 million, though down from the prior year as working capital movements shifted. The company invested heavily in growth, with rental equipment purchases of $43.5 million and property additions of $8.0 million, funded largely by credit facility borrowings. Notes payable rose to $546.0 million.
McGrath increased its quarterly dividend to $0.495 per share and repurchased 113,591 shares for about $11.9 million. Adjusted EBITDA was broadly flat at $74.1 million, reflecting stable underlying cash-generating capacity despite mixed segment margins.
McGrath RentCorp reported first-quarter 2026 total revenues of $198.5 million, up 2% from the prior year, driven by 5% growth in rental operations revenue to $162.2 million. Net income was $27.0 million, or $1.10 per diluted share, slightly below $28.2 million, or $1.15, a year earlier as operating income and Adjusted EBITDA softened modestly.
Adjusted EBITDA edged down 1% to $74.1 million. Mobile Modular rental revenues rose 4%, Portable Storage rental revenues grew 1%, and TRS-RenTelco rental revenues increased 13%. The company declared a quarterly dividend of $0.495 per share and reaffirmed its full-year 2026 outlook, including total revenue of $945–$995 million and Adjusted EBITDA of $360–$378 million.
Vanguard Portfolio Management reported beneficial ownership of 1,425,487 shares of McGrath RentCorp common stock, representing 5.79% of the class. The filing shows sole voting power for 18,473 shares and sole dispositive power for 1,425,487 shares. The filing was signed on 04/29/2026.
McGrath RentCorp is asking shareholders to vote at a virtual-only annual meeting on June 3, 2026. Investors will elect seven directors, including new CEO Philip Hawkins and former CEO Joseph Hanna, who will both serve on the Board.
Shareholders are also asked to approve an amended and restated 2026 Stock Incentive Plan that would increase authorized common shares under the plan by 576,108, update performance criteria, add minimum vesting and director award limits, and extend the plan for ten years. Other items include ratifying Grant Thornton LLP as auditor for 2026 and an advisory vote on executive compensation.