Operating Income for McGrath RentCorp (MGRC)
According to McGrath RentCorp's latest reported financial statements, the company's current operating income (TTM) is $243.84M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MGRC
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$243.84M
YoY change
-0.1%
5Y CAGR
+11.6%
Peak year (2024)
$244.26M
Cumulative operating income
$2.97B
Operating Income history chart for McGrath RentCorp (MGRC) from 1985 to 2025
Operating Income history table for McGrath RentCorp (MGRC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $244.09M | -0.1% | ||
| 2024 | $244.26M | +28.8% | ||
| 2023 | $189.71M | +25.3% | ||
| 2022 | $151.35M | +14.3% | ||
| 2021 | $132.42M | -5.9% | ||
| 2020 | $140.75M | -0.4% | ||
| 2019 | $141.37M | +20.3% | ||
| 2018 | $117.48M | +24.0% | ||
| 2017 | $94.74M | +19.5% | ||
| 2016 | $79.26M | +3.0% | ||
| 2015 | $76.96M | -9.8% | ||
| 2014 | $85.36M | +6.6% | ||
| 2013 | $80.06M | -2.4% | ||
| 2012 | $82.02M | -7.5% | ||
| 2011 | $88.66M | +35.9% | ||
| 2010 | $65.24M | +6.8% | ||
| 2009 | $61.08M | -21.4% | ||
| 2008 | $77.68M | -3.5% | ||
| 2007 | $80.53M | +5.5% | ||
| 2006 | $76.33M | +3.7% | ||
| 2005 | $73.62M | +36.1% | ||
| 2004 | $54.08M | +32.8% | ||
| 2003 | $40.71M | +61.3% | ||
| 2002 | $25.23M | -51.5% | ||
| 2001 | $52.05M | -7.9% | ||
| 2000 | $56.52M | +23.9% | ||
| 1999 | $45.60M | -3.4% | ||
| 1998 | $47.20M | +4.0% | ||
| 1997 | $45.40M | +61.0% | ||
| 1996 | $28.20M | -6.6% | ||
| 1995 | $30.20M | +22.8% | ||
| 1994 | $24.60M | +29.5% | ||
| 1993 | $19.00M | +3.3% | ||
| 1992 | $18.40M | -14.0% | ||
| 1991 | $21.40M | +2.4% | ||
| 1990 | $20.90M | +22.2% | ||
| 1989 | $17.10M | +15.5% | ||
| 1988 | $14.80M | +11.3% | ||
| 1987 | $13.30M | +87.3% | ||
| 1986 | $7.10M | +36.5% | ||
| 1985 | $5.20M | — |
Operating 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
In 2025, McGrath RentCorp (MGRC) operating income totalled $244.09M – edged down 0.1% year-over-year.
Over 2020–2025 (5 years), McGrath RentCorp operating income expanded at a +11.6% compound annual rate, with the latest reading among the more recent periods of the dataset.
Across the available history, operating income reached its high of $244.26M in 2024 and its low of $5.20M in 1985.
McGrath RentCorp (MGRC) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
McGrath RentCorp Operating Income by Year
McGrath RentCorp Operating Income 2025: $244.09M
McGrath RentCorp operating income in 2025 was $244.09M, edged down 0.1% below 2024.
McGrath RentCorp Operating Income 2024: $244.26M
McGrath RentCorp operating income in 2024 was $244.26M, grew 28.8% from 2023. This figure represents the highest annual value in the available history.
McGrath RentCorp Operating Income 2023: $189.71M
McGrath RentCorp operating income in 2023 was $189.71M, grew 25.3% from 2022.
McGrath RentCorp Operating Income 2022: $151.35M
McGrath RentCorp operating income in 2022 was $151.35M, grew 14.3% from 2021.
McGrath RentCorp Operating Income 2021: $132.42M
McGrath RentCorp operating income in 2021 was $132.42M.
See more financial history for McGrath RentCorp (MGRC).
Sector peers — Operating Income
Companies in the same sector as McGrath RentCorp, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is McGrath RentCorp's operating income?
- Latest reported operating income for McGrath RentCorp (MGRC) is $243.84M (period ending December 31, 2025).
How has McGrath RentCorp operating income changed year-over-year?
- McGrath RentCorp (MGRC) operating income changed -0.1% year-over-year on the latest annual filing.
What is the long-term growth rate of McGrath RentCorp operating income?
- McGrath RentCorp (MGRC) operating income compound annual growth rate is +11.6% over the most recent 5 years available.
When did McGrath RentCorp operating income hit its highest annual value?
- McGrath RentCorp operating income reached its highest annual value of $244.26M in 2024.
What was McGrath RentCorp operating income in 2024?
- McGrath RentCorp (MGRC) operating income in 2024 was $244.26M.
What was McGrath RentCorp operating income in 2025?
- McGrath RentCorp (MGRC) operating income in 2025 was $244.09M.
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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