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McGrath RentCorp NasdaqGS:MGRC Stock Report

Last Price

US$127.18

Market Cap

US$3.1b

7D

5.6%

1Y

1.8%

Updated

22 Feb, 2025

Data

Company Financials +

Community vs My Fair Value

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US$135.00
FV
5.8% undervalued intrinsic discount
3.66%
Revenue growth p.a.
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2 months ago author updated this narrative

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McGrath RentCorp Competitors

Price History & Performance

Summary of share price highs, lows and changes for McGrath RentCorp
Historical stock prices
Current Share PriceUS$127.18
52 Week HighUS$129.93
52 Week LowUS$95.50
Beta0.77
1 Month Change3.00%
3 Month Change5.19%
1 Year Change1.83%
3 Year Change56.53%
5 Year Change83.12%
Change since IPO10,752.69%

Recent News & Updates

Recent updates

McGrath RentCorp: Modular Segment Should Lead Growth Ahead

Dec 31

McGrath RentCorp's (NASDAQ:MGRC) Dividend Will Be $0.475

Sep 18
McGrath RentCorp's (NASDAQ:MGRC) Dividend Will Be $0.475

McGrath RentCorp: Still In Play, Especially If Bullish On WillScot Mobile

Jun 28

WillScot Mobile - McGrath RentCorp Merger: Potential Double-Digit Returns

Jun 13

WillScot's Offer Undervalues McGrath

Jan 31

Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist?

Jan 03
Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist?

Risks To Shareholder Returns Are Elevated At These Prices For McGrath RentCorp (NASDAQ:MGRC)

Dec 19
Risks To Shareholder Returns Are Elevated At These Prices For McGrath RentCorp (NASDAQ:MGRC)

A Look At The Fair Value Of McGrath RentCorp (NASDAQ:MGRC)

Dec 06
A Look At The Fair Value Of McGrath RentCorp (NASDAQ:MGRC)

We Think McGrath RentCorp (NASDAQ:MGRC) Can Stay On Top Of Its Debt

Nov 23
We Think McGrath RentCorp (NASDAQ:MGRC) Can Stay On Top Of Its Debt

Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?

Aug 11
Is McGrath RentCorp (NASDAQ:MGRC) A Risky Investment?

Here's Why We Think McGrath RentCorp (NASDAQ:MGRC) Is Well Worth Watching

Jul 24
Here's Why We Think McGrath RentCorp (NASDAQ:MGRC) Is Well Worth Watching

Is McGrath RentCorp (NASDAQ:MGRC) Using Too Much Debt?

May 04
Is McGrath RentCorp (NASDAQ:MGRC) Using Too Much Debt?

Shareholder Returns

MGRCUS Trade DistributorsUS Market
7D5.6%-4.1%-2.2%
1Y1.8%3.7%18.3%

Return vs Industry: MGRC underperformed the US Trade Distributors industry which returned 3.7% over the past year.

Return vs Market: MGRC underperformed the US Market which returned 18.3% over the past year.

Price Volatility

Is MGRC's price volatile compared to industry and market?
MGRC volatility
MGRC Average Weekly Movement3.0%
Trade Distributors Industry Average Movement4.7%
Market Average Movement6.0%
10% most volatile stocks in US Market17.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: MGRC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MGRC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19791,219Joe Hannawww.mgrc.com

McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex.

McGrath RentCorp Fundamentals Summary

How do McGrath RentCorp's earnings and revenue compare to its market cap?
MGRC fundamental statistics
Market capUS$3.12b
Earnings (TTM)US$231.73m
Revenue (TTM)US$910.94m

13.5x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGRC income statement (TTM)
RevenueUS$910.94m
Cost of RevenueUS$475.53m
Gross ProfitUS$435.42m
Other ExpensesUS$203.69m
EarningsUS$231.73m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.44
Gross Margin47.80%
Net Profit Margin25.44%
Debt/Equity Ratio52.5%

How did MGRC perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

20%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 06:35
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

McGrath RentCorp is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel EnglandBerenberg
Daniel MooreCJS Securities, Inc.
Joe BoxKeyBanc Capital Markets Inc.