OverviewSuggest Edit

McGrath RentCorp is a business supplies and equipment company which provides rent, leasing, and buying services. The Company operates through five divisions such as mobile modular, mobile modular portable storage, trs-rentelco, adler tanks and enviroplex. It rents and sells relocatable modular buildings, storage containers and offices, electronic test equipment, and liquid and solid containment tanks and boxes.
TypePublic
Founded1979
HQLivermore, US
Websitemgrc.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)1,099(+4%)
Job Openings36
Revenue (FY, 2019)$570.2 M(+15%)
Share Price (Nov 2020)$61.6 (-2%)
Cybersecurity ratingBMore

Key People/Management at McGrath RentCorp

Kimberly A. Box

Kimberly A. Box

Director
Joseph F. Hanna

Joseph F. Hanna

President, Chief Executive Officer, Director
Keith E. Pratt

Keith E. Pratt

CFO, EVP
William J. Dawson

William J. Dawson

Director
Bradley M. Shuster

Bradley M. Shuster

Director
Dave Whitney

Dave Whitney

Vice President Controller and Principal Accounting Officer
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McGrath RentCorp Office Locations

McGrath RentCorp has offices in Livermore, Atlanta, Auburn, Baltimore and in 18 other locations
Livermore, US (HQ)
5700 Las Positas Rd
Atlanta, US
Atlanta, GA, USA
Auburn, US
Auburn, WA, USA
Baltimore, US
Baltimore, MD, USA
Baton Rouge, US
Baton Rouge, LA, USA
Boston, US
Boston, MA, USA
Show all (22)

McGrath RentCorp Financials and Metrics

McGrath RentCorp Revenue

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View revenue for all periods
McGrath RentCorp's revenue was reported to be $570.23 m in FY, 2019
USD

Revenue (Q3, 2020)

156.4m

Gross profit (Q3, 2020)

126.8m

Gross profit margin (Q3, 2020), %

81%

Net income (Q3, 2020)

28.1m

EBIT (Q3, 2020)

37.3m

Market capitalization (12-Nov-2020)

1.5b

Closing stock price (12-Nov-2020)

61.6

Cash (30-Sept-2020)

1.5m
McGrath RentCorp's current market capitalization is $1.5 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

424.1m462.0m498.3m570.2m

Revenue growth, %

5%9%8%

Cost of goods sold

239.9m255.7m265.1m68.1m

Gross profit

184.2m206.3m233.3m502.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

94.8m109.6m135.4m105.1m117.0m143.1m122.0m127.4m173.6m129.5m137.7m156.4m

Cost of goods sold

51.2m60.4m76.6m54.9m63.1m79.1m65.0m67.6m32.1m8.4m19.8m29.7m

Gross profit

43.7m49.2m58.8m50.2m53.9m64.1m57.0m59.9m141.5m121.0m117.9m126.8m

Gross profit Margin, %

46%45%43%48%46%45%47%47%82%93%86%81%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

852.0k2.5m1.5m2.3m

Accounts Receivable

96.9m105.9m121.0m128.1m

Prepaid Expenses

25.6m22.5m31.8m45.4m

PP&E

112.2m119.2m126.9m131.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

38.3m153.9m79.4m96.8m

Depreciation and Amortization

81.2m78.4m82.0m89.5m

Accounts Payable

10.4m4.0m(1.6m)20.3m

Cash From Operating Activities

140.7m122.4m142.7m188.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

8.0m5.6m6.7m14.5m30.4m55.2m18.4m37.9m70.4m20.2m42.7m70.8m

Depreciation and Amortization

19.4m38.8m58.4m19.9m40.3m60.9m21.1m43.1m66.0m23.9m47.7m71.2m

Accounts Payable

(3.9m)680.0k80.0k(4.3m)(365.0k)148.0k9.9m18.5m19.3m(6.4m)6.4m(582.0k)

Cash From Operating Activities

25.8m49.4m81.1m31.2m53.8m96.8m46.5m92.0m136.9m45.7m97.5m131.5m
USDFY, 2016

Revenue/Employee

396.0k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.9 x
Show all financial metrics

McGrath RentCorp Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Modular Buildings

43.79 k48 k50.58 k52.19 k53.04 k

Warehouses

10 10 10 10
Show all operating metrics

McGrath RentCorp Acquisitions / Subsidiaries

Company NameDateDeal Size
Adler Tank Rentals, LLC
Enviroplex, Inc.
McGrath 180, LLC
McGrath RentCorp Asia PTE. LTD.
Mobile Modular Management Corporation
TRS-RenTelco Inc.
TRS-RenTelco India Private Limited

McGrath RentCorp Revenue Breakdown

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McGrath RentCorp revenue breakdown by business segment: 19.3% from Adler Tanks, 5.8% from Enviroplex, 23.8% from TRS- RenTelco and 51.1% from Mobile Modular

McGrath RentCorp Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

McGrath RentCorp Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

McGrath RentCorp Online and Social Media Presence

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McGrath RentCorp Company Culture

  • CEO Rating

    C+

    70/100

  • Compensation

    A+

    100/100

Learn more on Comparably

McGrath RentCorp News and Updates

CORRECTION - McGrath RentCorp Quarterly Dividend Record Date

LIVERMORE, Calif., Dec. 05, 2019 (GLOBE NEWSWIRE) -- On December 4, 2019, the Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared a quarterly cash dividend of $0.375 per common share for the quarter ended December 31, 2019. The dividend …

McGrath RentCorp Sets Second Quarter 2019 Financial Results Date and Time

LIVERMORE, Calif., July 18, 2019 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced plans to release financial results for its second quarter ending June 30, 2019, after the close of regular market trading on Tues…

McGrath RentCorp Declares Quarterly Dividend

LIVERMORE, Calif., Sept. 20, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of McGrath RentCorp (NASDAQ:MGRC), a diversified business-to-business rental company declared a quarterly cash dividend of $0.34 per common share for the quarter ended September 30, 2018.  The dividend will be payable on …

McGrath RentCorp to Present at the Sidoti & Company Fall 2018 Investor Conference

LIVERMORE, Calif., Sept. 12, 2018 (GLOBE NEWSWIRE) -- McGrath RentCorp (Nasdaq:MGRC), a diversified business to business rental company, today announced that it will participate in the Sidoti & Company Fall 2018 Investor Conference at the NYC Grand Hyatt Hotel in New York, NY on Thursday, Sept…

McGrath RentCorp Frequently Asked Questions

  • When was McGrath RentCorp founded?

    McGrath RentCorp was founded in 1979.

  • Who are McGrath RentCorp key executives?

    McGrath RentCorp's key executives are Kimberly A. Box, Joseph F. Hanna and Keith E. Pratt.

  • How many employees does McGrath RentCorp have?

    McGrath RentCorp has 1,099 employees.

  • What is McGrath RentCorp revenue?

    Latest McGrath RentCorp annual revenue is $570.2 m.

  • What is McGrath RentCorp revenue per employee?

    Latest McGrath RentCorp revenue per employee is $518.9 k.

  • Who are McGrath RentCorp competitors?

    Competitors of McGrath RentCorp include Herc Rentals, WillScot and United Rentals.

  • Where is McGrath RentCorp headquarters?

    McGrath RentCorp headquarters is located at 5700 Las Positas Rd, Livermore.

  • Where are McGrath RentCorp offices?

    McGrath RentCorp has offices in Livermore, Atlanta, Auburn, Baltimore and in 18 other locations.

  • How many offices does McGrath RentCorp have?

    McGrath RentCorp has 22 offices.