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McGrath RentCorp (MGRC)

Upturn stock ratingUpturn stock rating
$119.55
Last Close (24-hour delay)
Profit since last BUY5.2%
upturn advisory
Consider higher Upturn Star rating
BUY since 64 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/14/2025: MGRC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $144

1 Year Target Price $144

Analysts Price Target For last 52 week
$144 Target price
52w Low $93.88
Current$119.55
52w High $128.8

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 stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

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

ai summary icon Upturn AI SWOT

McGrath RentCorp

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 1219

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.