Stocks · Industrials · Rental & Leasing Services
McGrath RentCorp MGRC
$117.56 +2.23% Close, Oct 2, 2026 · NASDAQ · Market cap $2.87B
High qualityInexpensive vs sectorLow risk
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $6.21, down 39.5% year over year.
- Revenue over the last four quarters was $932.9M, down 0.9% from a year earlier, slowing from 3.1% a quarter earlier.
- Over the past year the stock returned +0.8%, behind the S&P 500 by 14.3 percentage points.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth16Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 18%
- EPS growth (TTM, YoY)Bottom 19%
- FCF growth (TTM, YoY)Bottom 30%
- Revenue growth, 3-year CAGRTop 21%
- Revenue growth accelerationBottom 11%
Quality89Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 35%
- Gross marginTop 14%
- Operating marginTop 5%
- Cash conversion (OCF / net income)Top 44%
- Accruals (lower is better)Bottom 48%
- Net debt / EBITDA (lower is better)Top 44%
- Interest coverTop 29%
Value82Strong
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 17%
- Free-cash-flow yieldTop 18%
- EBITDA / enterprise valueTop 17%
- Sales / enterprise valueBottom 30%
- P/E vs own 5-year history (lower is better)Top 28%
Momentum66Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 35%
- 6-month returnTop 42%
- 1-year return vs S&P 500Bottom 44%
- Distance from 52-week highTop 10%
- Trend checklist (0–4)Top 10%
Revisions18Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 35%
- Consecutive EPS beatsBottom 16%
- Share of analysts rating BuyTop 47%
- Upside to consensus price targetBottom 34%
Stability96Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 3%
- Maximum drawdown, 3 yearsTop 8%
- Beta vs S&P 500 (lower is better)Top 14%
- Net debt / EBITDA (lower is better)Top 44%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 3.1% | -0.9% | ↓ |
| EPS growth (YoY) | -34.7% | -39.5% | ↓ |
| Gross margin | 46.3% | 46.9% | ↑ |
| Operating margin | 25.5% | 25.5% | ↓ |
| FCF margin | 28.4% | 22.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -0.9% | 3.1% | ↓ | Bottom 18% |
| EPS growth (TTM, YoY) | -39.5% | -34.7% | ↓ | Bottom 19% |
| Gross margin | 46.9% | 46.3% | ↑ | Top 14% |
| Operating margin | 25.5% | 25.5% | ↓ | Top 5% |
| Net margin | 16.4% | 26.8% | ↓ | — |
| Free-cash-flow margin | 22.5% | 28.4% | ↓ | — |
| Return on invested capital | 8.1% | — | Top 35% | |
| Revenue growth, 3-year CAGR | 14.1% | — | Top 21% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.65×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +3.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.68×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 8.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.69%
- Net buyback yield (TTM)
- 0.96%
- Shareholder yield
- 2.65%
- Share count change, 1 year
- -0.5%
- Share count change, 3-year CAGR
- -0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +0.2%
- Average 2-day reaction, last 8
- -0.2%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $141.50
- Target vs current price
- +20.4%
- Analysts with a rating
- 5
- Share rating Buy or Strong Buy
- 60%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | -6.8% | -2.5% | +0.3% | -4.4% | — |
| Apr 29, 2026 | -2.7% | -1.0% | -5.8% | -7.0% | -0.2% |
| Feb 25, 2026 | +16.1% | +1.1% | -5.4% | -4.8% | -4.1% |
| Oct 23, 2025 | -6.0% | -1.5% | -9.0% | -21.4% | -10.9% |
| Jul 24, 2025 | +12.3% | +0.8% | +9.8% | +2.9% | +2.3% |
| Apr 24, 2025 | +12.7% | +1.6% | +4.1% | +10.8% | +10.9% |
| Feb 19, 2025 | +5.3% | +1.3% | +2.5% | -7.1% | -6.6% |
| Oct 24, 2024 | +34.5% | -1.0% | +10.4% | +11.1% | +15.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $1.37 | $1.47 | -6.8% | $221.1M |
| Apr 29, 2026 | $1.10 | $1.13 | -2.7% | $198.5M |
| Feb 25, 2026 | $2.02 | $1.74 | +16.1% | $256.8M |
| Oct 23, 2025 | $1.72 | $1.83 | -6.0% | $256.4M |
| Jul 24, 2025 | $1.46 | $1.30 | +12.3% | $235.6M |
| Apr 24, 2025 | $1.15 | $1.02 | +12.7% | $195.4M |
| Feb 19, 2025 | $1.58 | $1.50 | +5.3% | $243.7M |
| Oct 24, 2024 | $1.87 | $1.39 | +34.5% | $266.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 18.9× | 19.8× | 33th | Top 17% |
| P/E (forward) | 18.3× | — | — | — |
| EV / EBITDA | 9.9× | — | — | Top 17% |
| EV / Sales | 3.71× | — | — | Bottom 30% |
| Free-cash-flow yield | 7.30% | — | — | Top 18% |
| Earnings yield | 5.28% | — | — | Top 17% |
P/E over the past five years
Range 10.8× – 27.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +0.8%
- Earnings per share growth (TTM)
- -39.5%
- Change in P/E multiple
- +66.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 1
- Days above the 200-day average
- 6
- 50-day average slope (20 days)
- -1.9%
- 200-day average slope (20 days)
- +0.9%
- Distance from 50-day average
- +1.9%
- Distance from 200-day average
- +3.8%
- RSI (14)
- 65.3
- Relative volume
- 1.01×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 19.4%
- Volatility vs own 5-year history
- 7th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.60
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -4.7%
- Maximum drawdown, 3 years
- -26.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 12, 2024 | Nov 18, 2025 | -26.5% | 444 days | Not yet recovered |
| Jun 1, 2021 | Aug 26, 2021 | -21.7% | 61 days | 137 days (Mar 14, 2022) |
| Feb 13, 2023 | Apr 26, 2023 | -19.4% | 50 days | 159 days (Dec 12, 2023) |
| Apr 21, 2022 | Jun 16, 2022 | -18.1% | 39 days | 93 days (Oct 28, 2022) |
| Oct 12, 2020 | Oct 30, 2020 | -17.0% | 14 days | 45 days (Jan 6, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.87B
- P/E (TTM)
- 18.9
- EPS, diluted (TTM)
- $6.21
- Revenue (TTM)
- $932.9M
- Dividend yield
- 2.09%
- 52-week range
- $94.99 – $125.83
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $616.8M | $635.7M | $831.8M | $910.9M | $944.2M |
| Gross profit | $266.2M | $259.3M | $393.6M | $435.4M | $434.8M |
| Operating income | $132.4M | $151.3M | $189.7M | $244.3M | $244.1M |
| Net income | $89.7M | $115.1M | $174.6M | $231.7M | $156.3M |
| EPS (diluted) | $3.66 | $4.70 | $7.12 | $9.43 | $6.35 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $266.8M | $243.7M | $195.4M | $235.6M | $256.4M | $256.8M | $198.5M | $221.1M |
| Net income | $149.3M | $38.9M | $28.2M | $36.0M | $42.3M | $49.8M | $27.0M | $33.7M |
| EPS (diluted) | $6.08 | $1.58 | $1.15 | $1.46 | $1.72 | $2.02 | $1.10 | $1.37 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $195.7M | $194.4M | $95.3M | $374.4M | $255.7M |
| Capital expenditure | -$116.8M | -$205.3M | -$273.7M | -$40.2M | -$44.4M |
| Free cash flow | $78.9M | -$10.9M | -$178.3M | $334.1M | $211.3M |
| Dividends paid | -$42.2M | -$44.3M | -$45.6M | -$46.8M | -$47.9M |
| Net share buybacks | $0 | $0 | -$7.2M | -$4.4M | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $4.4M
- Total assets
- $2.50B
- Total liabilities
- $1.26B
- Total debt
- $589.9M
- Net debt
- $585.5M
- Shareholders’ equity
- $1.25B
As of Jun 30, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 16, 2026 | $0.50 | Oct 30, 2026 |
| Jul 17, 2026 | $0.50 | Jul 31, 2026 |
| Apr 16, 2026 | $0.50 | Apr 30, 2026 |
| Jan 16, 2026 | $0.49 | Jan 30, 2026 |
| Oct 17, 2025 | $0.49 | Oct 31, 2025 |
| Jul 17, 2025 | $0.49 | Jul 31, 2025 |
| Apr 16, 2025 | $0.49 | Apr 30, 2025 |
| Jan 17, 2025 | $0.48 | Jan 31, 2025 |
Short interest
- Shares sold short
- 519,228
- Days to cover
- 3.94
- Change vs previous report
- +7.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Mar 28, 2005
- 2-for-1
- Apr 28, 1997
- 2-for-1
- Apr 22, 1991
- 2-for-1