McGrath RentCorp (MGRC)
Rents modular buildings, portable storage containers, and electronic test equipment to businesses and schools.
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Rents modular buildings, portable storage containers, and electronic test equipment to businesses and schools, with related services and equipment sales supplementing recurring rental revenue. A long-lived fleet and regional service centers make utilization, maintenance, redeployment, and customer construction and education activity central to results.
Rents and sells relocatable modular buildings through Mobile Modular, temporary storage and office containers through Portable Storage, and general-purpose and communications test equipment through TRS-RenTelco. Enviroplex manufactures modular classrooms for California education customers. Operations are concentrated across the United States, with the test-equipment business also serving Canada and limited international demand.
Earns most revenue from rentals and related delivery, installation, and return services, while equipment sales rotate units out of the fleet and supply permanent projects. Regional inventory centers customize, repair, refurbish, and redeploy modular units and containers; centralized laboratories calibrate test instruments and support rapid fulfillment. Results depend on fleet utilization, disciplined maintenance and purchasing, school and construction activity, technology cycles in customer industries, and compliance with changing building codes.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Feb 11, 2026 | Barclays | Target | Target: — | Target: $140 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $4.4M · Total debt $589.9M · Total assets $2.50B · Shareholders' equity $1.25B
- Revenue
- $221.1M
- Operating income
- $53.3M
- Net income
- $33.7M
HistoryDividendAnnual yieldUpcoming
| Institutions | 93.29% | 22.79M shares | |
|---|---|---|---|
| 275 holders · as of Jun 30, 2026 | |||
| Insiders | 1.46% | 357.4K shares | |
| 16 holders · as of Aug 20, 2026 | |||
| Strategic holders | 6.67% | 1.63M shares | |
| 1 holder · as of Feb 5, 2018 | |||
| Adds to | 101.42% | ||
24.43M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 101.42%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.55% | 2.09M | as of Jun 30, 2026 |
River Road Asset Management, LLCInstitution | 8.38% | 2.05M | as of Jun 30, 2026 |
Franklin Advisory Services, LLCStrategic | 6.67% | 1.63M | filed Feb 5, 2018 |
Vanguard Portfolio Management LLCInstitution | 5.83% | 1.42M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.53% | 1.11M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 18, 2026 | Tara Wescott | officer: SVP, Chief HR Officer | −1,325 | $122.00 |
| Aug 11, 2026 | Philip B. Hawkins | officer: President and CEO | −4,435 | $120.91 |
| Aug 11, 2026 | John P. Skenesky | officer: VP and Division Manager | −2,000 | $120.41 |
| Jul 1, 2026 | Joseph F. Hanna | director | −7,500 | $120.64 |
| Jun 26, 2026 | John Lieffrig | officer: VP and Division Manager | −500 | $125.00 |
- WillScot
Dominant modular-space and portable-storage public peer
- United Rentals
Broad rental platform with storage and modular-office overlap
- Transcat
Public test-equipment rental and calibration peer
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| McGrath RentCorp | $113.59 | +1.64% | $2.73B | 18.0 | 17.7 | 2.9 | −6.2% |
| WillScot | $18.37 | +1.49% | $3.28B | — | 15.7 | 1.4 | +3.9% |
| United Rentals | $1,052.01 | +2.14% | $64.10B | 24.9 | 20.0 | 3.8 | +11.8% |
| Transcat | $90.23 | +2.35% | $825.2M | 238.3 | 46.8 | 2.4 | +21.6% |
| Median | 131.6 | 20.0 | 2.4 | +11.8% |