TTM
$155.13M
YoY change
-32.5%
5Y CAGR
+8.9%
Peak year (2024)
$231.73M
Cumulative net income
$2.02B
Net Income history chart for McGrath RentCorp (MGRC) from 1985 to 2025
Latest: $156.31M
Net Income growth chart for McGrath RentCorp (MGRC) from 1985 to 2025
Latest: -32.5%
Net Income history table for McGrath RentCorp (MGRC) from 1985 to 2025
| 2025 | $156.31M | -32.5% | −$75.42M | ||
| 2024 | $231.73M | +32.7% | +$57.11M | ||
| 2023 | $174.62M | +51.7% | +$59.48M | ||
| 2022 | $115.14M | +28.4% | +$25.43M | ||
| 2021 | $89.70M | -12.0% | −$12.28M | ||
| 2020 | $101.98M | +5.3% | +$5.18M | ||
| 2019 | $96.81M | +21.9% | +$17.40M | ||
| 2018 | $79.41M | -48.4% | −$74.51M | ||
| 2017 | $153.92M | +302.4% | +$115.67M | ||
| 2016 | $38.25M | -5.5% | −$2.22M | ||
| 2015 | $40.47M | -11.5% | −$5.24M | ||
| 2014 | $45.71M | +5.3% | +$2.31M | ||
| 2013 | $43.40M | -3.1% | −$1.38M | ||
| 2012 | $44.78M | -9.7% | −$4.83M | ||
| 2011 | $49.60M | +36.0% | +$13.12M | ||
| 2010 | $36.48M | +9.5% | +$3.15M | ||
| 2009 | $33.33M | -19.1% | −$7.88M | ||
| 2008 | $41.20M | -2.8% | −$1.21M | ||
| 2007 | $42.41M | +3.2% | +$1.33M | ||
| 2006 | $41.08M | +0.6% | +$259.00K | ||
| 2005 | $40.82M | +36.1% | +$10.82M | ||
| 2004 | $30.00M | +32.2% | +$7.30M | ||
| 2003 | $22.69M | +79.6% | +$10.06M | ||
| 2002 | $12.63M | -52.6% | −$14.04M | ||
| 2001 | $26.68M | -2.1% | −$566.00K | ||
| 2000 | $27.24M | +21.6% | +$4.84M | ||
| 1999 | $22.40M | -6.3% | −$1.50M | ||
| 1998 | $23.90M | -0.4% | −$100.00K | ||
| 1997 | $24.00M | +54.8% | +$8.50M | ||
| 1996 | $15.50M | +12.3% | +$1.70M | ||
| 1995 | $13.80M | +6.2% | +$800.00K | ||
| 1994 | $13.00M | +22.6% | +$2.40M | ||
| 1993 | $10.60M | +5.0% | +$500.00K | ||
| 1992 | $10.10M | -8.2% | −$900.00K | ||
| 1991 | $11.00M | +15.8% | +$1.50M | ||
| 1990 | $9.50M | +33.8% | +$2.40M | ||
| 1989 | $7.10M | +10.9% | +$700.00K | ||
| 1988 | $6.40M | +14.3% | +$800.00K | ||
| 1987 | $5.60M | +93.1% | +$2.70M | ||
| 1986 | $2.90M | -3.3% | −$100.00K | ||
| 1985 | $3.00M | — | — |
- 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 (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at McGrath RentCorp (MGRC)
According to McGrath RentCorp's latest reported financial statements, the company's current net income (TTM) is $155.13M. 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 .
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 mixed annual results across the window.
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.
McGrath RentCorp Net Income by Year
McGrath RentCorp Net Income 2025: $156.31M
In 2025, McGrath RentCorp reported net income of $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
2023's net income for McGrath RentCorp came in at $174.62M, surged 51.7% from 2022.
McGrath RentCorp Net Income 2022: $115.14M
McGrath RentCorp posted net income of $115.14M in 2022, 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 by Net Income
Industrials peers of McGrath RentCorp (MGRC), ranked by their latest net income
| $8.87B | |
| $8.70B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.23B | |
| −$4.94B |
- $8.87B
- $8.70B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.23B
- −$4.94B
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