How does McGrath RentCorp (MGRC) make money?

McGrath RentCorp (MGRC) generates revenue primarily from Mobile Modular, which accounted for 67.5% of total revenue in TTM through Q1 2026. The company reported $947.36M in revenue and converted 16.4% of it into net profit, equivalent to roughly $155.13M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of McGrath RentCorp (MGRC)?

McGrath RentCorp (MGRC) reported a gross profit margin of 45.9% in TTM through Q1 2026, equivalent to $435.08M in gross profit on $947.36M in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of McGrath RentCorp (MGRC)?

McGrath RentCorp (MGRC) reported an operating profit margin of 25.5% in TTM through Q1 2026, equivalent to $241.88M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of McGrath RentCorp (MGRC)?

McGrath RentCorp (MGRC) reported a net profit margin of 16.4% in TTM through Q1 2026, equivalent to $155.13M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is McGrath RentCorp (MGRC) profitable?

Yes. McGrath RentCorp (MGRC) reported $155.13M in net income for TTM through Q1 2026, with a net profit margin of 16.4%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does McGrath RentCorp (MGRC) spend on capital expenditures?

McGrath RentCorp (MGRC) spent $48.43M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 5.1% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does McGrath RentCorp (MGRC) generate?

McGrath RentCorp (MGRC) generated $195.74M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 20.7%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of McGrath RentCorp (MGRC)?

McGrath RentCorp (MGRC) had an effective tax rate of 27% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of McGrath RentCorp (MGRC)?

McGrath RentCorp (MGRC) reports revenue across 4 reportable product segments, led by Mobile Modular at 67.5% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How McGrath RentCorp Makes Money: 2026 Visual Revenue Map

McGrath RentCorp (MGRC) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 29, 2026).

McGrath RentCorp discloses geographic revenue only in annual filings. to view the full breakdown.

McGrath RentCorp (MGRC) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for McGrath RentCorp (MGRC) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Mobile Modular	$639.56M	67.5%
Trs Ren Telco	$157.61M	16.6%
Portable Storage	$96.21M	10.2%
Enviroplex	$53.99M	5.7%
Total	$947.36M	100%

Mobile Modular$639.56M
Trs Ren Telco$157.61M
Portable Storage$96.21M
Enviroplex$53.99M
Total$947.36M

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, McGrath RentCorp (MGRC) reports revenue across 4 operating segments; the largest segment was Mobile Modular at 67.5%, followed by Trs Ren Telco (16.6%) and Portable Storage (10.2%).

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