MGRC
$112.03-0.24%
McGrath RentCorpStock · IndustrialsRussell 2000 · 0.09% of IWMNasdaq Composite · 0.009% of ONEQUS Stock Market · 0.004% of VTIRussell 3000 · 0.004% of IWV
MGRC financial statements
The full income statement, balance sheet, and cash-flow statement for McGrath RentCorp (MGRC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 24.6M2024-09 24.6M2024-12 24.6M2025-03 24.6M2025-06 24.6M2025-09 24.6M2025-12 24.6M2026-03 24.6M2026-06 24.4M-0.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 944M+3.7% | 911M+9.5% | 832M+30.9% | 636M+18.9% | 535M-6.6% | ||
| Lease income | 614M+4.1% | 589M+5.0% | 562M+7.8% | 521M+18.4% | 440M+10.1% | |
| 455M+4.5% | 435M+10.6% | 394M+35.6% | 290M+17.3% | 247M-6.2% | ||
| Cost of revenue | 489M+2.9% | 476M+8.5% | 438M+26.8% | 345M+20.3% | 287M-7.0% | |
| Selling, general & administrative | 211M+5.4% | 200M-3.4% | 208M+45.2% | 143M+16.1% | 123M+0.1% | |
| Amortization of intangibles | 10.5M+1.9% | 10.3M-3.7% | 10.7M+81.4% | 5.90M+0.0% | 5.90M+2850.0% | |
| Provision for credit losses | 1.73M-8.7% | 1.89M-28.2% | 2.63M+214.6% | 837K+85.6% | 451K-66.4% | |
| Operating income | 244M-0.3% | 244M+28.8% | 190M+28.8% | 147M+18.5% | 124M-11.7% | |
| Interest expense | 30.6M-35.2% | 47.2M+16.5% | 40.6M+231.6% | 12.2M+48.4% | 8.24M-6.2% | |
| Net interest income | — | 47.2M+16.5% | 40.6M+231.6% | 12.2M+48.4% | 8.24M-6.2% | |
| Pre-tax income | 213M-32.1% | 314M+109.9% | 149M+11.0% | 135M+16.3% | 116M-12.3% | |
| Income tax | 56.8M-30.7% | 81.9M+117.8% | 37.6M+19.9% | 31.4M+2.1% | 30.7M+2.2% | |
| 156M-32.5% | 232M+32.7% | 175M+51.7% | 115M+28.4% | 89.7M-12.0% | ||
| Income from continuing operations | 156M-32.5% | 232M+107.2% | 112M+8.3% | 103M+21.4% | 85.1M | |
| Discontinued operations | — | — | 62.8M+430.6% | 11.8M+156.0% | 4.62M | |
| $6.35-32.7% | $9.43+32.4% | $7.12+51.5% | $4.70+28.4% | $3.66-12.0% | ||
| EPS (basic) | $6.35-32.7% | $9.44+32.2% | $7.14+51.0% | $4.73+27.8% | $3.70-12.3% | |
| Weighted-avg shares (basic) | 24.6M+0.2% | 24.5M+0.3% | 24.5M+0.5% | 24.4M+0.5% | 24.2M+0.3% | |
| Weighted-avg shares (diluted) | 24.6M+0.3% | 24.6M+0.2% | 24.5M+0.0% | 24.5M+0.0% | 24.5M-0.1% | |
| Dividends per share | $1.94+2.1% | $1.90+2.2% | $1.86+2.2% | $1.82+4.6% | $1.74+3.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 295K-63.4% | 807K-8.0% | 877K-8.4% | 957K-35.8% | 1.49M+20.4% | |
| Inventory | 8.03M-43.9% | 14.3M-7.3% | 15.4M | — | — | |
| 2.36B+3.5% | 2.28B+2.7% | 2.22B+29.8% | 1.71B+7.0% | 1.60B+25.1% | ||
| Property, plant & equipment | 219M+20.0% | 182M+18.2% | 154M+11.2% | 139M+2.5% | 135M-0.6% | |
| Operating lease right-of-use | 12.9M+2.4% | 12.6M-14.9% | 14.8M+27.6% | 11.6M+0.0% | 11.6M+39.8% | |
| Goodwill | 333M+2.9% | 323M+0.0% | 323M+203.8% | 106M-19.6% | 132M+369.5% | |
| Intangible assets | 46.6M-14.2% | 54.3M-15.9% | 64.6M+82.3% | 35.4M-24.7% | 47.0M+561.0% | |
| 1.12B-3.0% | 1.15B-10.1% | 1.28B+42.0% | 904M+4.6% | 864M+45.6% | ||
| Long-term debt | 515M-12.8% | 590M-22.6% | 763M+84.4% | 414M-3.0% | 426M+91.4% | |
| Operating lease liability (total) | 12.9M+2.2% | 12.6M-14.9% | 14.8M+27.6% | 11.6M+5.5% | 11.0M+32.5% | |
| Finance lease liability (total) | — | — | 0.00 | 0.00 | 0.00 | |
| Deferred tax liabilities | 314M+11.9% | 280M+16.0% | 242M+18.8% | 203M-16.1% | 242M+12.2% | |
| 1.24B+10.1% | 1.12B+20.3% | 934M+16.2% | 804M+9.8% | 732M+7.2% | ||
| Common stock | 122M+4.8% | 116M+4.6% | 111M+0.9% | 110M+1.4% | 109M+2.2% | |
| Retained earnings | 1.12B+10.7% | 1.01B+22.4% | 823M+18.6% | 694M+11.3% | 623M+8.2% | |
| Accumulated other comprehensive income | — | — | -116K-48.7% | -78.0K-44.4% | -54.0K+48.1% | |
| Total liabilities & equity | 2.36B+3.5% | 2.28B+2.7% | 2.22B+29.8% | 1.71B+7.0% | 1.60B+25.1% | |
| Common shares issued | 24.6M+0.2% | 24.6M+0.2% | 24.5M+0.4% | 24.4M+0.5% | 24.3M+0.5% | |
| Common shares outstanding | 24.6M+0.2% | 24.6M+0.2% | 24.5M+0.4% | 24.4M+0.5% | 24.3M+0.5% | |
| Shares outstanding (cover) | 24.6M+0.2% | 24.6M+0.2% | 24.5M+0.4% | 24.4M+0.5% | 24.3M+0.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 256M-31.7% | 374M+292.7% | 95.3M-51.0% | 194M-0.7% | 196M+8.4% | ||
| Depreciation & amortization | 107M-0.4% | 107M-1.8% | 109M-1.8% | 111M+4.4% | 107M+12.7% | |
| Intangible amortization | 10.5M+1.9% | 10.3M-3.7% | 10.7M+81.4% | 5.90M+0.0% | 5.90M+2850.0% | |
| Share-based compensation | 11.2M+18.1% | 9.50M+14.8% | 8.28M+3.3% | 8.01M+4.5% | 7.67M+38.2% | |
| Deferred income taxes | 33.5M-13.3% | 38.6M+506.6% | 6.36M+41.8% | 4.49M-83.0% | 26.3M+1301.5% | |
| Change in receivables | 14.2M+332.2% | -6.14M-116.2% | 37.8M+20.5% | 31.4M+28.5% | 24.4M+809.2% | |
| Change in inventory | -6.28M-459.9% | -1.12M-243.9% | 779K-87.1% | 6.05M | — | |
| Change in payables | -330K-102.8% | 11.8M+123.8% | -49.8M-653.1% | 9.00M | — | |
| -127M+15.7% | -151M+61.5% | -392M-198.2% | -131M+62.6% | -352M-563.6% | ||
| Capital expenditure | 44.4M+10.3% | 40.2M-8.5% | 44.0M+149.7% | 17.6M+557.4% | 2.68M-80.5% | |
| Free cash flow | 211M-36.8% | 334M+550.7% | 51.4M-71.0% | 177M-8.4% | 193M+15.8% | |
| Acquisitions | 23.8M | 0.00-100.0% | 458M | 0.00-100.0% | 283M | |
| Proceeds from sale of PP&E | — | 12.3M+26.3% | 9.70M | — | — | |
| -129M+42.3% | -224M-175.5% | 296M+566.6% | -63.5M-140.7% | 156M+221.6% | ||
| Long-term debt issued | 75.0M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 47.9M+2.4% | 46.8M+2.6% | 45.6M+2.9% | 44.3M+4.9% | 42.2M+6.1% | |
| Net change in cash | -512K-631.4% | -70.0K+12.5% | -80.0K+85.0% | -534K-311.1% | 253K+122.9% | |
| Interest paid | 29.9M-38.1% | 48.3M+25.2% | 38.6M+161.3% | 14.8M+43.1% | 10.3M+14.1% | |
| Income taxes paid | 10.1M-72.3% | 36.5M-60.1% | 91.6M+234.6% | 27.4M+201.1% | 9.09M-74.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.58B-5.9% | 2.75B-6.3% | 2.93B+21.7% | 2.41B+23.6% | 1.95B+20.3% | |
| P/E | 16.5×+39.5% | 11.8×-26.3% | 16.1×-30.6% | 23.2×+6.7% | 21.7×+36.7% | |
| P/S | 2.7×-9.2% | 3.0×-18.4% | 3.7×-16.2% | 4.4×+21.0% | 3.6×+28.8% | |
| P/B | 2.1×-14.6% | 2.4×-24.0% | 3.2×+3.2% | 3.1×+17.1% | 2.7×+12.1% | |
| P/FCF | 12.2×+48.8% | 8.2×-56.1% | 18.7×+40.2% | 13.3×+32.3% | 10.1×+3.9% | |
| Earnings yield | 6.1%-28.3% | 8.4%+35.7% | 6.2%+44.1% | 4.3%-6.3% | 4.6%-26.9% | |
| FCF yield | 8.2%-32.8% | 12.2%+127.7% | 5.3%-28.7% | 7.5%-24.4% | 9.9%-3.7% | |
| Dividend yield | 1.8%+8.8% | 1.7%+9.3% | 1.6%-15.6% | 1.8%-15.0% | 2.2%-13.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: MGRC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MGRC filings on SEC EDGAR → Not investment advice.