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McGrath RentCorp MGRC
$ 117.0 -2.48%
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Quarterly report 2026-Q2
added 07-29-2026

McGrath RentCorp Income Statement 2025-2008 | MGRC

Brief overview of revenue and earnings at McGrath RentCorp

The figures are compared over a five-year interval. The revenue attributed to McGrath RentCorp moved from $573 million to $944 million between the two endpoints. The total change was +64.9%, with a CAGR of approximately 10.5%. The trajectory reflects meaningful expansion of the business.

The five-year change in gross profit reached +72.5%: from 264 million dollars to 455 million dollars. Direct costs grew more slowly than revenue and improved the economics of sales. Gross margin moved from 46.1% to 48.2%. A wider margin shows that the economics of the core business improved.

The five-year EBITDA result moved by +49%: from 235 million dollars to 351 million dollars. Operating performance weakened relative to revenue. Comparing the endpoints gives EBITDA margins of 41.1% and 37.1%. Operating return per unit of revenue declined.

Net income changed from $102 million to $156 million (+53.3%). The final result remained comparatively stable.

Over the period, capitalization shifted from 1.7 billion dollars to 2.9 billion dollars (+72.9%). Investors assigned a higher value to the business over time.

Overall conclusion

The financial profile remains mixed, with strengths and risks moving in different directions. The positive side is supported by a stronger gross margin, a stronger final result and a larger revenue base. The weaker side of the profile includes weaker operating efficiency. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.

Annual Income Statement McGrath RentCorp

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

2.87 B 3.05 B 3.11 B 2.55 B 1.85 B 1.66 B 1.97 B 1.2 B 1.17 B 915 M 619 M 787 M 947 M 745 M 770 M 543 M 433 M -

Shares

24.6 M 24.5 M 24.5 M 24.4 M 24.2 M 24.2 M 24.2 M 24.1 M 24 M 23.9 M 25.4 M 25.9 M 25.4 M 24.8 M 24.3 M 23.9 M 23.7 M -

Historical Prices

116 124 127 105 76.2 68.6 74 47.1 43.6 34 20.9 25.1 29.5 23.3 24 22.7 18.2 27.1

Net Income

156 M 232 M 175 M 115 M 89.7 M 102 M 96.8 M 79.4 M 154 M 38.3 M 40.5 M 45.7 M 43.4 M 44.8 M 49.6 M 36.5 M 33.3 M -

Revenue

944 M 911 M 832 M 636 M 535 M 573 M 570 M 498 M 462 M 424 M 405 M 408 M 379 M 364 M 343 M 291 M 276 M -

Cost of Revenue

489 M 476 M 438 M 345 M 287 M 309 M 304 M 265 M 256 M 240 M 228 M 226 M 210 M 196 M 176 M 161 M 154 M -

Gross Profit

455 M 435 M 394 M 290 M 247 M 264 M 266 M 233 M 206 M 184 M 177 M 182 M 169 M 168 M 167 M 131 M 122 M -

Operating Income

244 M 244 M 190 M 147 M 124 M 141 M 141 M 117 M 94.7 M 79.3 M 77 M 85.4 M 80.2 M 82 M 88.7 M 65.2 M 61.1 M -

Interest Expense

- 47.2 M 40.6 M 12.2 M 8.24 M 8.79 M 12.3 M 12.3 M -11.6 M -12.2 M 10.1 M -9.28 M 8.69 M 9.15 M 7.61 M 6.19 M 7.1 M -

EBITDA

351 M 352 M 299 M 259 M 231 M 235 M 231 M 199 M 173 M 160 M 161 M 166 M 157 M 154 M 156 M 128 M 124 M -

Operating Expenses

- - - - - - 125 M 116 M 112 M 105 M 100 M 96.9 M 88.8 M 86.3 M 78.1 M - - -

General and Administrative Expenses

211 M 200 M 208 M 143 M 123 M 123 M - - - - - - - - - 65.6 M 60.4 M -

All numbers in USD currency

Quarterly Income Statement McGrath RentCorp

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

24.5 M 24.6 M 24.6 M 24.6 M 24.6 M 24.6 M 24.6 M 24.6 M 24.5 M 24.5 M 24.5 M 24.5 M 24.5 M 24.4 M 24.4 M 24.4 M 24.4 M 24.3 M 24.3 M 24.2 M 24.2 M 24.2 M 24.1 M 24.1 M 24.1 M 24.3 M 24.3 M 24.3 M 24.2 M 24.2 M 24.2 M 24.2 M 24.1 M 24.1 M 24 M 24 M 24 M 24 M 23.9 M 23.9 M 23.9 M 23.9 M 23.9 M 25.3 M 26.1 M 26.1 M 26 M 26 M 25.9 M 25.8 M 25.7 M 25.6 M 25.4 M 25 M 24.8 M 24.8 M 24.8 M 24.6 M 24.4 M 24.4 M 24.3 M 24.3 M

Net Income

33.7 M 27 M - 42.3 M 36 M 28.2 M - 149 M 20.6 M 22.8 M - 40.4 M 30.6 M 71.7 M - 30.6 M 26.1 M 18.8 M - 23.3 M 20.6 M 17.4 M 31.2 M 28.1 M 22.5 M 17.4 M 26.4 M 32.5 M 19.5 M 18.4 M 24.2 M 24.8 M 15.9 M 14.5 M 118 M 16.8 M 11.5 M 7.97 M 9.73 M 12.9 M 9.08 M 6.57 M 11.5 M 13.6 M 8.49 M 6.85 M 13.9 M 13.7 M 10.2 M 7.87 M 11.8 M 12.6 M 9.85 M 9.22 M 11.9 M 12.5 M 10.5 M 9.91 M 13.2 M 15.4 M 11.4 M 9.61 M

Revenue

221 M 199 M - 256 M 236 M 195 M - 267 M 213 M 188 M - 244 M 203 M 164 M - 174 M 153 M 125 M - 173 M 146 M 121 M 149 M 156 M 138 M 129 M 147 M 174 M 127 M 122 M 133 M 143 M 117 M 12.1 M 122 M 38.7 M 20.2 M 8.3 M 105 M 33.5 M 16.4 M 9.03 M 105 M 20.4 M 11 M 8.79 M 112 M 25 M 14.2 M 11 M 94.8 M 26.5 M 10.9 M 16.8 M 102 M 22.4 M 11.8 M 8.11 M 85.2 M 32.8 M 12.5 M 9.93 M

Cost of Revenue

113 M 102 M - 137 M 125 M 99 M - 143 M 109 M 94.6 M - 132 M 108 M 86.4 M - 97.5 M 86.4 M 67 M - 97.5 M 80.6 M 64.1 M - 88.2 M 74.4 M 67.8 M - 95.3 M 67.6 M 65 M - 79.1 M 63.1 M 54.9 M - 76.6 M 60.4 M 51.2 M - 71.6 M 59.3 M 53 M - 62.9 M 55.1 M 51.1 M - 63.7 M 53.7 M 48.9 M - 63.6 M 47 M 49.7 M - 55.8 M 43 M 39.1 M - 57.6 M 40.2 M 37.1 M

Gross Profit

108 M 96.9 M - 119 M 111 M 96.4 M - 124 M 103 M 93.3 M - 112 M 94.6 M 77.4 M - 76.8 M 67 M 58 M - 75.8 M 65.9 M 57.1 M 70.7 M 68.2 M 63.2 M 61.7 M 71 M 78.3 M 59.9 M 57 M 65.1 M 64 M 53.9 M 50.2 M 54.7 M 58.8 M 49.2 M 43.7 M 49.3 M 50.4 M 43.8 M 40.7 M 46.8 M 50.1 M 40.9 M 39.1 M 52.2 M 49.3 M 42.1 M 38.6 M 44.6 M 45.2 M 40.2 M 39 M 44 M 43.6 M 40.8 M 39.8 M 44.2 M 47.4 M 39.4 M 35.9 M

Operating Income

53.3 M 43.4 M - 66.7 M 57.2 M 45.6 M - 74.7 M 54.4 M 52.1 M - 66.6 M 47.6 M 19.9 M - 39.9 M 33.1 M 25.4 M - 35.9 M 29.6 M 23.9 M 41 M 37.3 M 32.7 M 29.7 M 38.2 M 46.7 M 29.1 M 27.3 M 35.2 M 35.8 M 24.4 M 22 M 26.8 M 30.3 M 21.8 M 15.8 M 22.7 M 24.2 M 18.1 M 14.3 M 21.5 M 25.2 M 16.5 M 13.9 M 26.8 M 25.1 M 18.2 M 15.2 M 21.7 M 22.8 M 18.4 M 17.4 M 21.1 M 22.8 M 19.6 M 18.5 M 23.4 M 27.3 M 20.7 M 17.3 M

Interest Expense

- - - - - 8.16 M - - - 12.7 M - - - -7.46 M - -10 M - -2.82 M - -7.21 M - -1.78 M - -6.8 M -4.84 M -2.65 M - -9.41 M -6.25 M -3.11 M - -9.13 M -5.99 M -2.99 M - -8.72 M -5.74 M -2.79 M - -9.49 M -6.55 M -3.56 M - -7.18 M -4.74 M -2.39 M - -2.39 M 2.34 M 2.2 M - 2.15 M 2.16 M 2.2 M - 2.31 M 2.38 M 2.17 M - 2.05 M 1.95 M 1.48 M

EBITDA

110 M 71.2 M - - - 72 M - - - 79.3 M - - - 47.5 M - 123 M 33.1 M 53 M - 115 M 29.6 M 47.4 M 41 M 109 M 80.4 M 53.6 M 38.2 M 113 M 72.2 M 48.4 M 35.2 M 96.7 M 64.7 M 42 M 26.8 M 88.7 M 60.6 M 35.2 M 22.7 M 85.8 M 59.5 M 35.1 M 21.5 M 88.5 M 58.6 M 34.8 M 26.8 M 85.5 M 58.2 M 35.2 M 21.7 M 79.9 M 56 M 36.2 M 21.1 M 76.5 M 55 M 36 M 23.4 M 77.1 M 53.4 M 33.5 M

General and Administrative Expenses

56.4 M 53.5 M - 52.5 M 53.5 M 50.9 M - 49.3 M 49 M 50.5 M - 48.5 M 47 M 57.5 M - 37 M 33.8 M 32.6 M - 39.9 M 36.3 M 33.1 M - 30.9 M 30.5 M 32 M - 31.5 M 30.8 M 29.7 M - 28.2 M 29.5 M 28.1 M - 28.5 M 27.4 M 27.8 M - 26.2 M 25.7 M 26.4 M - 25 M 24.5 M 25.2 M - 24.2 M 23.8 M 23.4 M - 22.4 M 21.8 M 21.6 M - 20.8 M 21.2 M 21.4 M - 20 M 18.6 M 18.6 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company McGrath RentCorp (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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