
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


McGrath RentCorp (MGRC)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: MGRC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $144
1 Year Target Price $144
1 | Strong Buy |
1 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -3.13% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.94B USD | Price to earnings Ratio 11.64 | 1Y Target Price 144 |
Price to earnings Ratio 11.64 | 1Y Target Price 144 | ||
Volume (30-day avg) 2 | Beta 0.66 | 52 Weeks Range 93.88 - 128.80 | Updated Date 08/15/2025 |
52 Weeks Range 93.88 - 128.80 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 1.61% | Basic EPS (TTM) 10.27 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-07-23 | When Before Market | Estimate 1.23 | Actual 1.4658 |
Profitability
Profit Margin 26.81% | Operating Margin (TTM) 24.26% |
Management Effectiveness
Return on Assets (TTM) 6.47% | Return on Equity (TTM) 23.84% |
Valuation
Trailing PE 11.64 | Forward PE 20.04 | Enterprise Value 3513364531 | Price to Sales(TTM) 3.13 |
Enterprise Value 3513364531 | Price to Sales(TTM) 3.13 | ||
Enterprise Value to Revenue 3.73 | Enterprise Value to EBITDA 7.24 | Shares Outstanding 24611500 | Shares Floating 24336620 |
Shares Outstanding 24611500 | Shares Floating 24336620 | ||
Percent Insiders 1.01 | Percent Institutions 91.4 |
Upturn AI SWOT
McGrath RentCorp

Company Overview
History and Background
McGrath RentCorp was founded in 1979 and has grown to become a leading rental provider of modular buildings, electronic test equipment, and liquid and solid containment solutions. It is headquartered in Livermore, California.
Core Business Areas
- Mobile Modular: Rents and sells modular buildings and classrooms.
- TRS-RenTelco: Rents and sells electronic test equipment.
- Adler Tank Rentals: Rents and sells liquid and solid containment tanks and boxes.
Leadership and Structure
Joe Hanna is the current CEO. McGrath RentCorp operates with a divisional structure, each segment having its own management team.
Top Products and Market Share
Key Offerings
- Modular Buildings: Mobile Modular rents and sells temporary and permanent modular buildings for various applications, including classrooms, offices, and healthcare facilities. The market is fragmented with several regional and national players. Market share data is difficult to pinpoint precisely but McGrath is a top 3 market participant. Competitors: WillScot Mobile Mini Holdings (WSC), Acton Mobile, Pac-Van.
- Electronic Test Equipment: TRS-RenTelco rents and sells a wide range of electronic test equipment, including oscilloscopes, spectrum analyzers, and network analyzers. Competitors include Electro Rent Corporation, TestEquity, and other smaller regional players. Revenue is primarily derived from rent as opposed to sale.
- Tanks and Boxes: Adler Tank Rentals provides liquid and solid containment solutions for various industries, including oil and gas, construction, and environmental services. Competitors: United Rentals (URI) and other specialty rental companies.
Market Dynamics
Industry Overview
The rental industry for modular buildings, test equipment, and containment solutions is driven by economic activity, construction projects, technological advancements, and environmental regulations.
Positioning
McGrath RentCorp is positioned as a diversified rental solutions provider with a focus on high-value, specialized equipment. Their competitive advantage lies in their breadth of offerings and strong customer relationships.
Total Addressable Market (TAM)
The TAM for the industries McGrath RentCorp operates in is estimated to be in the billions of dollars annually. McGrath RentCorp's diversified approach allows them to capture different market segments within this TAM.
Upturn SWOT Analysis
Strengths
- Diversified business model
- Strong brand reputation
- Extensive geographic reach
- Experienced management team
- Recurring revenue streams from rentals
Weaknesses
- Capital intensive business
- Susceptible to economic cycles
- Potential for equipment obsolescence
- Integration risks with acquisitions
Opportunities
- Expansion into new geographic markets
- Development of new rental solutions
- Increased demand from infrastructure projects
- Strategic acquisitions of smaller players
Threats
- Economic downturns
- Increased competition
- Fluctuations in commodity prices (for tank rentals)
- Changes in environmental regulations
Competitors and Market Share
Key Competitors
- WSC
- URI
- ERE
Competitive Landscape
McGrath RentCorp competes with both national and regional players. Their diversified business model provides a competitive advantage, but they face challenges from larger players with greater resources.
Major Acquisitions
Enviroplex Inc.
- Year: 2020
- Acquisition Price (USD millions): 75
- Strategic Rationale: Expanded Mobile Modular's offerings and geographic presence in the educational sector.
Growth Trajectory and Initiatives
Historical Growth: McGrath RentCorp has demonstrated steady growth through organic expansion and strategic acquisitions.
Future Projections: Future growth projections depend on various market factors and analyst estimates, which cannot be generated in this context.
Recent Initiatives: Recent strategic initiatives may include acquisitions, new product development, and expansion into new markets.
Summary
McGrath RentCorp is a solid player in the rental market, leveraging a diversified business model and strong brand. Their core rental business provides consistent revenue and they have a leadership position. Economic downturns and increased competition are factors that could affect future performance. Continued strategic acquisitions, market expansion and growth, will remain a growth factor.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Estimates (where available)
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice. Market share data is approximate and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About McGrath RentCorp
Exchange NASDAQ | Headquaters Livermore, CA, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. Joseph F. Hanna | ||
Sector Industrials | Industry Rental & Leasing Services | Full time employees 1219 | Website https://www.mgrc.com |
Full time employees 1219 | Website https://www.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. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes. The Portable Storage segment offers steel containers, such as storage and office containers to provide a temporary storage solution to construction, retail, commercial and industrial, energy and petrochemical, manufacturing, education, and healthcare markets. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. This segment also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.