MCGRATH RENTCORP (MGRC) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MCGRATH RENTCORP Do?
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, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, 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; and portable storage containers. 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. It 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 Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. 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 headquartered in Livermore, California. MCGRATH RENTCORP (MGRC) is classified as a mid-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Joseph F. Hanna and employs approximately 1,220 people, headquartered in LIVERMORE, California. With a market capitalization of $2.8B, MGRC is one of the notable companies in the Industrials sector.
MCGRATH RENTCORP (MGRC) Stock Rating — Hold (April 2026)
As of April 2026, MCGRATH RENTCORP receives a Hold rating with a composite score of 47.8/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MGRC ranks #1,386 out of 4,446 stocks in our coverage universe. Within the Industrials sector, MCGRATH RENTCORP ranks #221 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MGRC Stock Price and 52-Week Range
MCGRATH RENTCORP (MGRC) currently trades at $114.11. The stock gained $0.26 (0.2%) in the most recent trading session. The 52-week high for MGRC is $128.41, which means the stock is currently trading -11.1% from its annual peak. The 52-week low is $94.99, putting the stock 20.1% above its annual trough. Recent trading volume was 107K shares, suggesting relatively thin trading activity.
Is MGRC Overvalued or Undervalued? — Valuation Analysis
MCGRATH RENTCORP (MGRC) carries a value factor score of 69/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 10.80x, compared to the Industrials sector average of 28.33x — a discount of 62%. The price-to-book ratio stands at 2.23x, versus the sector average of 2.23x. The price-to-sales ratio is 2.90x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, MGRC trades at 9.89x EV/EBITDA, versus 5.70x for the sector. The EV/EBIT multiple is 13.72x.
Overall, MGRC's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
MCGRATH RENTCORP Profitability — ROE, Margins, and Quality Score
MCGRATH RENTCORP (MGRC) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 20.7%, compared to the Industrials sector average of 8.9%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 10.8% versus the sector average of 3.3%.
On a margin basis, MCGRATH RENTCORP reports gross margins of 47.3%, compared to 35.8% for the sector. The operating margin is 25.4% (sector: 6.2%). Net profit margin stands at 25.5%, versus 3.9% for the average Industrials stock. Revenue growth is running at 20.6% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
MGRC Debt, Balance Sheet, and Financial Health
MCGRATH RENTCORP has a debt-to-equity ratio of 91.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.10x, indicating strong short-term liquidity. Total debt on the balance sheet is $515M. Cash and equivalents stand at $7M.
MGRC has a beta of 0.67, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for MCGRATH RENTCORP is 76/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
MCGRATH RENTCORP Revenue and Earnings History — Quarterly Trend
In TTM 2026, MCGRATH RENTCORP reported revenue of $954M and earnings per share (EPS) of $6.35. Net income for the quarter was $256M. Gross margin was 47.3%. Operating income came in at $244M.
In FY 2025, MCGRATH RENTCORP reported revenue of $944M and earnings per share (EPS) of $6.35. Net income for the quarter was $156M. Gross margin was 48.2%. Revenue grew 3.7% year-over-year compared to FY 2024. Operating income came in at $244M.
In Q3 2025, MCGRATH RENTCORP reported revenue of $256M and earnings per share (EPS) of $1.72. Net income for the quarter was $42M. Gross margin was 46.5%. Revenue grew -3.9% year-over-year compared to Q3 2024. Operating income came in at $67M.
In Q2 2025, MCGRATH RENTCORP reported revenue of $236M and earnings per share (EPS) of $1.46. Net income for the quarter was $36M. Gross margin was 47.0%. Revenue grew 10.8% year-over-year compared to Q2 2024. Operating income came in at $57M.
Over the past 8 quarters, MCGRATH RENTCORP has demonstrated a growth trajectory, with revenue expanding from $213M to $954M. Investors analyzing MGRC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MGRC Dividend Yield and Income Analysis
MCGRATH RENTCORP (MGRC) currently pays a dividend yield of 1.6%. At this yield, a $10,000 investment in MGRC stock would generate approximately $$164.00 in annual dividend income. With a net margin of 25.5%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
MGRC Momentum and Technical Analysis Profile
MCGRATH RENTCORP (MGRC) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 26/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 24/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
MGRC vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, MCGRATH RENTCORP (MGRC) ranks #221 out of 752 stocks based on the Blank Capital composite score. This places MGRC in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing MGRC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MGRC vs S&P 500 (SPY) comparison to assess how MCGRATH RENTCORP stacks up against the broader market across all factor dimensions.
MGRC Next Earnings Date
No upcoming earnings date has been announced for MCGRATH RENTCORP (MGRC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MGRC? — Investment Thesis Summary
MCGRATH RENTCORP presents a balanced picture with arguments on both sides. The value score of 69/100 suggests attractive pricing relative to fundamentals. Low volatility (stability score 76/100) reduces downside risk.
In summary, MCGRATH RENTCORP (MGRC) earns a Hold rating with a composite score of 47.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MGRC stock.
Related Resources for MGRC Investors
Explore more research and tools: MGRC vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MGRC head-to-head with peers: MGRC vs SOBO, MGRC vs TEN, MGRC vs GLDD.