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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›MGRC›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

MCGRATH RENTCORP (MGRC) financials

Income statement

MCGRATH RENTCORP (MGRC) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$424M$462M$498M$570M$573M$535M$636M$832M$911M$944M
Revenue growth—8.9%7.9%14.4%0.4%-6.6%18.9%30.9%9.5%3.7%
Gross profit$184M$206M$233M$266M$264M$247M$290M$394M$435M$455M
Gross margin43.4%44.7%46.8%46.7%46.1%46.3%45.7%47.3%47.8%48.2%
Operating income$79.3M$94.7M$117M$141M$141M$124M$147M$190M$244M$244M
Operating margin18.7%20.5%23.6%24.8%24.6%23.2%23.2%22.8%26.8%25.8%
Net income$38.3M$154M$79.4M$96.8M$102M$89.7M$115M$175M$232M$156M
Net margin9.0%33.3%15.9%17.0%17.8%16.8%18.1%21.0%25.4%16.6%
EPS (diluted)$1.60$6.34$3.24$3.93$4.16$3.66$4.70$7.12$9.43$6.35

Cash flow

MCGRATH RENTCORP (MGRC) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$141M$122M$143M$188M$181M$196M$194M$95.3M$374M$256M
Capital expenditures$10.5M$14.6M$15.7M$12.1M$13.7M$2.68M$17.6M$44.0M$40.2M$44.4M
Free cash flow$130M$108M$127M$176M$167M$193M$177M$51.4M$334M$211M
Share buybacks————$13.6M—————
Dividends paid$24.4M$24.9M$30.9M$35.5M$39.8M$42.2M$44.3M$45.6M$46.8M$47.9M

Balance sheet

MCGRATH RENTCORP (MGRC) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$852K$2.50M$1.51M$2.34M$1.24M$1.49M$957K$877K$807K$295K
Total assets$1.13B$1.13B$1.15B$1.24B$1.28B$1.60B$1.71B$2.22B$2.28B$2.36B
Total liabilities$734M$624M$646M$676M$593M$864M$904M$1.28B$1.15B$1.12B
Shareholders' equity$394M$524M$572M$634M$683M$732M$804M$934M$1.12B$1.24B
Retained earnings$293M$421M$468M$528M$576M$623M$694M$823M$1.01B$1.12B
Shares (wtd avg diluted)24.0M24.3M24.5M24.6M24.5M24.5M24.5M24.5M24.6M24.6M

Every figure is extracted from MCGRATH RENTCORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is MCGRATH RENTCORP's annual revenue?
MCGRATH RENTCORP (MGRC) reported $944M of revenue for fiscal year 2025 — up 3.7% from $911M in FY2024, per its annual report filed with the SEC.
Is MCGRATH RENTCORP profitable?
Yes — MGRC earned $156M of net income in FY2025, a 16.6% net margin, per SEC filings.
What is MCGRATH RENTCORP's free cash flow?
$211M in FY2025 (operating cash flow $256M minus $44.4M of capital expenditures), from the SEC cash-flow statement.
Does MGRC pay a dividend?
Yes — MCGRATH RENTCORP paid $47.9M in cash dividends during FY2025, per its SEC cash-flow statement.
Full MGRC analysis — verdict, score & filings →Is MGRC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.