How McGrath RentCorp makes money

Period

FY2025

How does McGrath RentCorp make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

McGrath RentCorp · FY2025 · year ended 2025-12-31

Revenue$944MGross profit$455M · 48%Cost of revenue$489M · 52%Operating income$244M · 26%Operating expenses$211M · 22%SG&A$211M · 22%Pre-tax income$213M · 23%Other expense$31M · 3%Net income$156M · 17%Income tax$57M · 6%Non Lease Revenues$326M · 35%Product$269M · 29%Non Lease Sales$266M · 28%Non Lease Rental Related Services$59M · 6%Product & Service Other$9M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.