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

McGrath RentCorp (MGRC) Operating margin

Alert me on Operating margin

McGrath RentCorp's operating margin over the twelve months to 30 September 2026 was 25.7%, down 0.1 percentage points from fiscal 2025 (25.8%). Over the past ten years it has ranged from 18.7% (fiscal 2016) to 26.8% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Rental & Leasing Services industry median of 8.37% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 25.8% (1.01)
FY2024 26.8% 4.00
FY2023 22.8% (0.36)
FY2022 23.2% (0.07)
FY2021 23.2% (1.34)
FY2020 24.6% (0.21)
FY2019 24.8% 1.22
FY2018 23.6% 3.07
FY2017 20.5% 1.81
FY2016 18.7% (0.33)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 26.9% 2.83
Jun 2026 24.1% 2.24
Mar 2026 21.9% (7.03)
Dec 2025 28.9% 2.87
43 more quarters

Against its own ten years

Low 18.7% High 26.8%
Ten-year median 23.2%
Current reading's percentile 86

Operating margin against peers

Company Operating margin
EQPT EquipmentShare.com Inc. compare 33.6%
GATX GATX Corporation compare 29.9%
MGRC McGrath RentCorp 25.7%
HRI Herc Holdings Inc. compare 13.8%
PRG Aaron's Holdings Company, Inc. compare 8.52%
CTOS Custom Truck One Source, Inc. compare 8.21%
CAR Avis Budget Group, Inc. compare 7.10%
WSC WillScot Holdings Corporation compare 6.73%
VSTS Vestis Corporation compare 3.64%
Rental & Leasing Services industry median 8.37%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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