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.
This page provides access to McGrath RentCorp (Nasdaq: MGRC) SEC filings, giving investors a direct view into the company’s regulatory disclosures. McGrath RentCorp is a North American business-to-business rental company focused on modular solutions, portable storage and electronic test equipment rental through its Mobile Modular, Mobile Modular Portable Storage and TRS-RenTelco businesses.
Through its filings on EDGAR, the company reports details on revenues from rental operations, rental-related services and equipment sales, as well as income from operations, interest expense and net income. Annual reports on Form 10-K and quarterly reports on Form 10-Q provide segment information for modular buildings, portable storage containers, electronic test equipment and related activities, along with balance sheet data on rental equipment, property, plant and equipment, intangible assets and goodwill.
Current reports on Form 8-K document material events. For example, McGrath RentCorp has used Form 8-K to furnish press releases announcing quarterly results and to disclose the issuance of Series G Senior Notes under a note purchase and private shelf agreement. These filings outline the terms of the notes, including interest rate, maturity, covenants and events of default, and identify certain subsidiaries that guarantee the obligations.
Stock Titan’s tools enhance these filings by offering AI-powered summaries that explain complex sections of 10-K and 10-Q reports, highlight key items in 8-Ks and make it easier to interpret metrics such as adjusted EBITDA. Users can also review insider and executive-related filings, such as ownership and transaction reports, to better understand activity around MGRC shares. Real-time updates from EDGAR help ensure that new McGrath RentCorp filings are available promptly with accessible explanations.
McGrath RentCorp VP and Division Manager John P. Skenesky reported multiple equity compensation transactions involving restricted stock units (RSUs) and common stock. On February 23 and 24, 2026, several RSU awards were converted into shares of common stock at a conversion price based on the closing price on February 24, 2026.
On these dates, RSU exercises resulted in acquisitions of common stock, including 800 shares on February 23 and additional blocks such as 2,293 shares on February 24. Separate transactions coded "F" show dispositions of 355 and 677 shares of common stock to satisfy tax withholding obligations, not open-market sales.
Footnotes explain that time-based RSUs vest 33% after the first and second anniversaries of grant and 34% after the third, with each RSU delivering one share or its cash equivalent on vesting. Certain RSUs carry a performance-based component over a three-year period, where each vested RSU converts into 159.21% of one share of McGrath RentCorp common stock.
McGrath RentCorp senior vice president and chief legal officer Gilda Malek reported equity award activity involving restricted stock units and common stock. On February 23, 2026, 1,333 restricted stock units were exercised or converted, resulting in an equivalent acquisition of 1,333 shares of common stock at a stated price of
On the same date, 1,217 shares of common stock were disposed of in a transaction coded as tax withholding at a price of
MCGRATH RENTCORP SVP and Chief HR Officer Tara Wescott reported equity award activity. On February 23 and 24, 2026, she acquired multiple blocks of common stock through the vesting and conversion of restricted stock units and performance-based RSUs, then disposed of 1,482 and 521 shares, respectively, to cover tax withholding obligations. After these non‑open‑market transactions, she directly owned 7,356 shares of common stock.
McGrath RentCorp filed its annual report describing a diversified rental business in modular buildings, portable storage containers and electronic test equipment, plus four reportable segments including Mobile Modular and TRS-RenTelco.
The company highlights a resilient rental-based model with long-lived assets, strong cash generation and significant exposure to education markets. In 2024 it and WillScot Mobile Mini mutually terminated a planned merger, triggering a $180.0 million cash payment to McGrath and related transaction expenses of $63.2 million, for net proceeds of $116.8 million. As of June 30, 2025, non‑affiliate market value was $2.85 billion, and 24,611,657 shares were outstanding as of February 24, 2026.
McGrath RentCorp reported higher fourth quarter and full-year 2025 results and raised its dividend again. Fourth quarter 2025 total revenues were $256.8 million, up 5% from the prior year quarter, with net income of $49.8 million, or $2.02 per diluted share, compared with $38.9 million, or $1.58 per diluted share, a year earlier. Adjusted EBITDA for the quarter rose 14% to $104.9 million.
For the full year 2025, total revenues increased 4% to $944.2 million and Adjusted EBITDA increased 3% to $362.5 million. Net income was $156.3 million, or $6.35 per diluted share, versus $231.7 million, or $9.43 per diluted share, which previously included a large merger termination gain and related transaction costs. Excluding those items, full-year 2025 net income and diluted earnings per share each grew 7%.
The board declared a quarterly cash dividend of $0.495 per share for the quarter ending March 31, 2026, a 2% increase over the prior year period, marking 35 consecutive years of annual dividend increases. For 2026, McGrath expects total revenue of $945 million to $995 million, Adjusted EBITDA of $360 million to $378 million, and gross rental equipment capital expenditures of $180 million to $200 million.
McGrath RentCorp reported a planned leadership transition, with longtime President and Chief Executive Officer Joseph F. Hanna intending to retire as President and CEO effective April 3, 2026, while continuing to serve on the Board of Directors.
The company appointed Philip B. Hawkins, currently Executive Vice President and Chief Operating Officer, to become President, CEO and a director as of the same effective date. His compensation will include a $700,000 annual base salary, a target bonus equal to 100% of base salary, and an equity grant valued at $2,500,000 split evenly between restricted stock units and performance stock units.
To support the addition of Mr. Hawkins to the Board, McGrath RentCorp amended and restated its bylaws to increase the fixed number of directors from six to seven, effective April 3, 2026.
McGrath RentCorp investor River Road Asset Management, LLC filed an amended Schedule 13G reporting its beneficial ownership of the company’s common stock as of 12/31/2025.
River Road reports beneficial ownership of 2,132,135 shares of common stock, representing 8.7% of the class. It has sole voting power over 1,866,332 shares and sole dispositive power over 2,132,135 shares, with no shared voting or dispositive power.
The firm certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of McGrath RentCorp.
McGrath RentCorp disclosed that one of its officers sold 829 shares of the company’s common stock. The sale was reported for December 15, 2025.
The shares were sold at a weighted average price of $107.2893 per share, with individual trades executed at prices ranging from $107.2801 to $107.435. Following this transaction, the reporting person directly owns 4,068 McGrath RentCorp shares and holds the role of SVP, Chief Legal Officer.
McGrath RentCorp (MGRC) reported Q3 2025 results. Total revenues were $256.4 million, down 4% from Q3 2024, with net income of $42.3 million and diluted EPS of $1.72. Last year’s quarter included a $180.0 million merger termination gain and $39.4 million in related costs, which inflated the prior-year comparison.
Rental operations remained the core engine at $178.1 million, while sales contributed $76.1 million. Segment-wise, Mobile Modular delivered $181.5 million of total revenue; TRS‑RenTelco was $36.9 million; Portable Storage reached $24.4 million; and Enviroplex recorded $13.7 million. Gross profit was $119.3 million. Interest expense fell to $8.2 million from $12.6 million, reflecting lower average debt and a reduced effective rate.
For the nine months, revenues rose to $687.5 million with net income of $106.5 million. Operating cash flow was $174.8 million. Notes payable declined to $551.8 million, and cash ended at $7.3 million. The Board declared a quarterly dividend of $0.485 per share. Shares outstanding were 24,611,657 as of October 22, 2025.
McGrath RentCorp reported that it announced its results for the third quarter ended September 30, 2025 via a press release dated October 23, 2025. The company furnished the information under Item 2.02, meaning it is provided to the SEC but not filed and not incorporated by reference into other filings. The press release is included as Exhibit 99.1. The company’s common stock trades on the Nasdaq Global Select Market under the symbol MGRC.