MGRC · XBRL financial data
McGRATH RENTCORP financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MGRC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 573 | 617 | 734 | 832 | 911 | 944 |
| Revenue from contracts with customers | 128 | 129 | 155 | — | — | — |
| Cost of revenue | 309 | 336 | 397 | 438 | 476 | 489 |
| Cost of goods and services sold | 81 | 79 | 94 | 138 | 175 | 172 |
| Gross profit | 264 | 281 | 337 | 394 | 435 | 455 |
| Selling, general and administrative | 123 | 149 | 171 | 208 | 200 | 211 |
| Other operating income (expense) | — | — | — | 4 | 9 | — |
| Operating income (loss) | 141 | 132 | 166 | 190 | 244 | 244 |
| Interest expense | 9 | 10 | 15 | 41 | 47 | 31 |
| Income tax expense (benefit) | 30 | 32 | 35 | 38 | 82 | 57 |
| Net income (loss) | 102 | 90 | 115 | 175 | 232 | 156 |
| Earnings per share, basic USD per share | 4.22 | 3.70 | 4.73 | 7.14 | 9.44 | 6.35 |
| Earnings per share, diluted USD per share | 4.16 | 3.66 | 4.70 | 7.12 | 9.43 | 6.35 |
| Weighted average shares, basic millions of shares | 24 | 24 | 24 | 24 | 25 | 25 |
| Weighted average shares, diluted millions of shares | 25 | 25 | 25 | 25 | 25 | 25 |
Balance sheet
CSVFiscal years (MGRC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1 | 1 | 1 | 1 | 1 | 0 |
| Inventory | — | — | — | 8 | 14 | 8 |
| Property and equipment, net | 136 | 135 | 144 | 169 | 182 | 219 |
| Right-of-use asset | 8 | 11 | 11 | 15 | 13 | 13 |
| Goodwill | 28 | 132 | 132 | 323 | 323 | 333 |
| Total assets | 1,276 | 1,596 | 1,708 | 2,217 | 2,278 | 2,357 |
| Total liabilities | 593 | 864 | 904 | 1,283 | 1,154 | 1,120 |
| Retained earnings | 576 | 623 | 694 | 823 | 1,007 | 1,115 |
| Total stockholders' equity | 683 | 732 | 804 | 934 | 1,123 | 1,237 |
| Total liabilities and equity | 1,276 | 1,596 | 1,708 | 2,217 | 2,278 | 2,357 |
| Common shares outstanding (cover page) millions of shares | 24 | 24 | 24 | 24 | 25 | 25 |
Cash flows
CSVFiscal years (MGRC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 102 | 90 | 115 | 175 | 232 | 156 |
| Stock-based compensation | 6 | 8 | 8 | 8 | 10 | 11 |
| Depreciation and amortization | 95 | 107 | 111 | 109 | 107 | 107 |
| Net cash from operating activities | 181 | 196 | 194 | 95 | 374 | 256 |
| Purchases of property and equipment | 14 | 3 | 18 | 44 | 40 | 44 |
| Net cash from investing activities | (53) | (352) | (131) | (392) | (151) | (127) |
| Share repurchases | 14 | — | — | — | — | — |
| Dividends paid | 40 | 42 | 44 | 46 | 47 | 48 |
| Net cash from financing activities | (128) | 156 | (64) | 296 | (224) | (129) |
| Net change in cash | (1) | 0 | (1) | (0) | (0) | (1) |
Compare with peers
SIC 7359 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7359 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| McGrath Rentcorp | 1 | 275 | 72* | 24.4M | 10-QSep 30, 2026 |
| Aircastle | 173 | 283 | 141* | 17,840 | 10-QAug 31, 2026 |
| Custom Truck One Source | 15 | 350 | 163* | 227.2M | 10-QSep 30, 2026 |
| Herc Holdings | 66 | 193 | 360* | 33.5M | 10-QSep 30, 2026 |
| PROG Holdings | 109 | 144 | 108* | 39.0M | 10-QSep 30, 2026 |
| WillScot Holdings | 18 | 612 | 162* | 181.2M | 10-QJun 30, 2026 |
| EquipmentShare.com | 443 | 1,449 | 58* | not reported | 10-QJun 30, 2026 |
| Sunbelt Rentals Holdings | 32 | 701 | 840 | 409.8M | 10-QJul 31, 2026 |
| FTAI Aviation | 386 | 978 | (68)* | 102.3M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.