Net Income for McGrath RentCorp (MGRC)
According to McGrath RentCorp's latest reported financial statements, the company's current net income (TTM) is $156.31M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MGRC
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$156.31M
YoY change
-32.5%
5Y CAGR
+8.9%
Peak year (2024)
$231.73M
Cumulative net income
$2.00B
Net Income history chart for McGrath RentCorp (MGRC) from 1985 to 2025
Net Income history table for McGrath RentCorp (MGRC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $156.31M | -32.5% | ||
| 2024 | $231.73M | +32.7% | ||
| 2023 | $174.62M | +51.7% | ||
| 2022 | $115.14M | +28.4% | ||
| 2021 | $89.70M | -12.0% | ||
| 2020 | $101.98M | +5.3% | ||
| 2019 | $96.81M | +21.9% | ||
| 2018 | $79.41M | -48.4% | ||
| 2017 | $153.92M | +302.4% | ||
| 2016 | $38.25M | -5.5% | ||
| 2015 | $40.47M | -11.5% | ||
| 2014 | $45.71M | +5.3% | ||
| 2013 | $43.40M | -3.1% | ||
| 2012 | $44.78M | -9.7% | ||
| 2011 | $49.60M | +36.0% | ||
| 2010 | $36.48M | +9.5% | ||
| 2009 | $33.33M | -19.1% | ||
| 2008 | $41.20M | -2.8% | ||
| 2007 | $42.41M | +3.2% | ||
| 2006 | $41.08M | +0.6% | ||
| 2005 | $40.82M | +36.1% | ||
| 2004 | $30.00M | +32.2% | ||
| 2003 | $22.69M | +79.6% | ||
| 2002 | $12.63M | -52.6% | ||
| 2001 | $26.68M | -2.1% | ||
| 2000 | $27.24M | +21.6% | ||
| 1999 | $22.40M | -6.3% | ||
| 1998 | $23.90M | -0.4% | ||
| 1997 | $24.00M | +54.8% | ||
| 1996 | $15.50M | +12.3% | ||
| 1995 | $13.80M | +6.2% | ||
| 1994 | $13.00M | +22.6% | ||
| 1993 | $10.60M | +5.0% | ||
| 1992 | $10.10M | -8.2% | ||
| 1991 | $11.00M | +15.8% | ||
| 1990 | $9.50M | +33.8% | ||
| 1989 | $7.10M | +10.9% | ||
| 1988 | $6.40M | +14.3% | ||
| 1987 | $5.60M | +93.1% | ||
| 1986 | $2.90M | -3.3% | ||
| 1985 | $3.00M | — |
Net Income values are taken from McGrath RentCorp's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of McGrath RentCorp (MGRC) net income is $156.31M – plunged 32.5% year-over-year.
Through 2020–2025 (5 years), McGrath RentCorp net income delivered a +8.9% annualised rate; with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, McGrath RentCorp net income plunged 32.5%, falling from $231.73M to $156.31M.
The highest annual net income of $231.73M was reported in 2024. The lowest in the available history was $2.90M in 1986.
Among 8 Industrials peers, McGrath RentCorp (MGRC) ranks 9th; the peer median for net income is $5.88B.
McGrath RentCorp Net Income by Year
McGrath RentCorp Net Income 2025: $156.31M
McGrath RentCorp net income in 2025 was $156.31M, plunged 32.5% below 2024.
McGrath RentCorp Net Income 2024: $231.73M
McGrath RentCorp net income in 2024 was $231.73M, surged 32.7% from 2023. This figure represents the highest annual value in the available history.
McGrath RentCorp Net Income 2023: $174.62M
McGrath RentCorp net income in 2023 was $174.62M, surged 51.7% from 2022.
McGrath RentCorp Net Income 2022: $115.14M
McGrath RentCorp net income in 2022 was $115.14M, grew 28.4% from 2021.
McGrath RentCorp Net Income 2021: $89.70M
McGrath RentCorp net income in 2021 was $89.70M.
See more financial history for McGrath RentCorp (MGRC).
Sector peers — Net Income
Companies in the same sector as McGrath RentCorp, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is McGrath RentCorp's net income?
- Latest reported net income for McGrath RentCorp (MGRC) is $156.31M (period ending December 31, 2025).
How has McGrath RentCorp net income changed year-over-year?
- McGrath RentCorp (MGRC) net income changed -32.5% year-over-year on the latest annual filing.
What is the long-term growth rate of McGrath RentCorp net income?
- McGrath RentCorp (MGRC) net income compound annual growth rate is +8.9% over the most recent 5 years available.
When did McGrath RentCorp net income hit its highest annual value?
- McGrath RentCorp net income reached its highest annual value of $231.73M in 2024.
What was McGrath RentCorp net income in 2024?
- McGrath RentCorp (MGRC) net income in 2024 was $231.73M.
What was McGrath RentCorp net income in 2025?
- McGrath RentCorp (MGRC) net income in 2025 was $156.31M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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