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Friday 6 November 2026 Export MGRC’s income statement to Excel — free account

McGrath RentCorp

MGRC Industrials Rental & Leasing Services

McGrath RentCorp’s revenue for fiscal 2025 (year ended December 2025) was $944.2 million, up 3.65% from fiscal 2024.

Revenue
+7.08%
EPS
+16.2%
Free cash flow
−132.8%

Quarter to September 2026, against a year earlier

127.67 5.19 −3.91%
Market cap
$3.1B
P/E
19.6×
Fwd P/E
18.6×
Dividend yield
1.54%
F-score
7/9
Altman Z
2.49
Beneish M
−2.61
Dividend safety
90/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

McGrath RentCorp (MGRC) Current ratio

Alert me on Current ratio

McGrath RentCorp's current ratio at the end of the quarter to 30 September 2026 was 0.3×, down 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.2× (fiscal 2023) to 0.3× (fiscal 2020); the current reading is higher than 91% of that period. That is below the Rental & Leasing Services industry median of 1.0× and below the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.3× 14.29%
FY2024 0.3× 14.97%
FY2023 0.2× (17.01%)
FY2022 0.3× 1.93%
FY2021 0.3× (21.59%)
FY2020 0.3× 15.85%
FY2019 0.3× 2.19%
FY2018 0.3× 10.45%
FY2017 0.3× (9.46%)
FY2016 0.3× 0.47%

Quarterly newest first

Period Current ratio Change
Sep 2026 0.3× (2.64%)
Jun 2026 0.3× (3.79%)
Mar 2026 0.3× (5.66%)
Dec 2025 0.3× (1.37%)
43 more quarters

Against its own ten years

Low 0.2× High 0.3×
Ten-year median 0.3×
Current reading's percentile 91

Current ratio against peers

Company Current ratio
PRG Aaron's Holdings Company, Inc. compare 3.8×
EQPT EquipmentShare.com Inc. compare 2.4×
GATX GATX Corporation compare 2.4×
VSTS Vestis Corporation compare 2.2×
CTOS Custom Truck One Source, Inc. compare 1.3×
HRI Herc Holdings Inc. compare 1.1×
WSC WillScot Holdings Corporation compare 0.8×
CAR Avis Budget Group, Inc. compare 0.7×
MGRC McGrath RentCorp 0.3×
Rental & Leasing Services industry median 1.0×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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