McGrath RentCorp (MGRC) Q2 2026 Earnings Call Transcript
McGrath RentCorp NASDAQ: MGRC reported second-quarter results that reflected continued growth in rental operations, led by its Mobile Modular and TRS-RenTelco businesses, while lower equipment sales and delayed project completions weighed on total revenue and earnings.
McGrath (MGRC) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.46 per share a year ago.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended June 30, 2026 of $221.1 million, a decrease of 6% compared to the second quarter of 2025. The Company reported net income of $33.7 million, or $1.37 per diluted share, for the second quarter of 2026, compared to net income of $36.0 million, or $1.46 per diluted share, for the second.
A McGrath RentCorp director sold 7,500 shares for about $905,000 on July 1, 2026, at a weighted average price of around $120.64 per share. This transaction represented 4.7% of his direct holdings, reducing his stake from 159,049 to 151,549 shares.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will participate in the CJS Securities 26th Annual “New Ideas” Summer Conference that will be held in White Plains, NY on Thursday, July 9, 2026. ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Fo.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its second quarter ending June 30, 2026, after the close of regular market trading on Wednesday, July 29, 2026. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on July 29, 2026, to discuss the results. The conference call may be acces.
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors' declaration of a quarterly cash dividend of $0.495 per common share for the quarter ending June 30, 2026. The dividend will be payable on July 31, 2026 to all shareholders of record on July 17, 2026. The year 2026 marks 35 consecutive years that McGrath RentCorp has raised its dividend to shareho.
McGrath RentCorp delivers modular buildings and equipment rentals to diverse institutional and industrial clients across multiple sectors.
McGrath RentCorp delivers modular buildings, storage, and test equipment rentals to a broad business and institutional client base.
