Mcgrath Rentcorp

Market Movers (8-K)

NASDAQ
McGrath RentCorp reported a 6% decrease in total revenues for Q2 2026, driven by a significant drop in sales, though rental operations saw a 6% increase.
Delay expected
NASDAQ
McGrath RentCorp shareholders approved the election of directors, the 2026 Stock Incentive Plan, and auditor ratification.
NASDAQ
McGrath RentCorp has successfully completed a new $725 million credit facility, extending its borrowing capacity and maturity date to May 8, 2031.
NASDAQ
McGrath RentCorp announced robust fourth-quarter 2025 results with increased revenues and net income, alongside its 35th consecutive annual dividend hike.
Better than expected
NASDAQ
McGrath RentCorp announces Joseph F. Hanna's retirement as President and CEO, effective April 3, 2026, with Philip B. Hawkins appointed as his successor.
NASDAQ
McGrath RentCorp reported a 4% decrease in total revenues and a significant drop in net income for Q3 2025, primarily due to the absence of a prior year merger termination payment.

Quarterly Earnings (10-Q)

NASDAQ
McGrath RentCorp reported a 6% decrease in consolidated revenues for Q2 2026, leading to a 6% dip in net income, with diluted EPS falling to $1.39.
Worse than expected
NASDAQ
McGrath RentCorp reported a 3% increase in nine-month revenues to $687.5 million, while Q3 net income decreased 72% due to a prior-year merger termination gain.
Worse than expected
Capital raise
Delay expected
NASDAQ
McGrath RentCorp announced a significant increase in net income and earnings per share for the second quarter and first half of 2025, benefiting from improved gross profit and reduced interest expenses.
Better than expected
Capital raise
NASDAQ
McGrath RentCorp's first quarter 2025 results show a 23% increase in net income driven by higher gross profit and reduced interest expenses, despite mixed performance across its business segments.
Better than expected
NASDAQ
McGrath RentCorp's Q3 2024 results show a significant increase in net income, primarily due to a $180 million gain from a terminated merger agreement, offsetting transaction costs.
Better than expected
NASDAQ
McGrath RentCorp's second-quarter earnings were impacted by merger-related costs, despite a revenue increase and a gain on a property sale.
Worse than expected
Delay expected

Annual Reports (10-K)

NASDAQ
McGrath RentCorp reported a 4% revenue increase to $944.2 million in 2025, but net income decreased to $156.3 million due to a non-recurring merger termination gain in the prior year, while underlying operational performance improved.
Capital raise
Better than expected
NASDAQ
McGrath RentCorp's 2024 results showcase resilience with increased revenue and net income, despite a terminated merger agreement and strategic business segment adjustments.
Better than expected
NASDAQ
McGrath RentCorp has filed an amendment to its annual report to include required information and updated share counts, while also detailing a pending merger with WillScot Mobile Mini.
NASDAQ
McGrath RentCorp's 2023 annual report details a year of revenue growth, strategic acquisitions, and a pending merger with WillScot Mobile Mini, alongside financial results across its modular, storage, and electronics segments.
Worse than expected

Insider Trading (Form 4)

NASDAQ
Director Joseph F. Hanna reported the sale of McGrath RentCorp common stock totaling over $1.1 million through multiple transactions.
NASDAQ
John Lieffrig, VP and Division Manager at McGrath RentCorp, reported the sale of 2,500 shares of common stock.
NASDAQ
SVP and Chief Legal Officer Gilda Malek sold 1,407 shares of McGrath RentCorp common stock on June 15, 2026.
NASDAQ
SVP and Chief Accounting Officer David M. Whitney sold 3,783 shares of McGrath RentCorp common stock.
NASDAQ
Chief Strategy Officer Kristina Van Trease sold 3,783 shares of McGrath RentCorp common stock on June 10, 2026.
NASDAQ
David M. Whitney, SVP and Chief Accounting Officer of McGrath RentCorp, reported a sale of 539 shares of common stock on May 15, 2026.

Proxy Statements (Def-14A)

NASDAQ
McGrath RentCorp announces its 2026 Annual Meeting of Shareholders to be held virtually on June 3, 2026, featuring director elections and a proposed stock incentive plan.
NASDAQ
McGrath RentCorp will hold its annual shareholder meeting on June 4, 2025, with proposals including the election of directors, ratification of auditors, and executive compensation.
NASDAQ
McGrath RentCorp will hold its 2025 Annual Meeting of Shareholders virtually on June 4, 2025, to vote on director elections, auditor ratification, and executive compensation.
NASDAQ
McGrath RentCorp will hold its annual shareholder meeting on December 12, 2024, to elect directors, ratify the appointment of independent auditors, and conduct a non-binding vote on executive compensation.
NASDAQ
McGrath RentCorp will hold its 2024 Annual Meeting of Shareholders virtually on December 12, 2024, to vote on director elections, auditor ratification, and executive compensation.
Delay expected
NASDAQ
McGrath RentCorp provides supplemental disclosures to its proxy statement to address shareholder lawsuits challenging the adequacy of disclosures related to the proposed merger with WillScot Mobile Mini Holdings Corp.

Schedule 13G - Passive Investments

NASDAQ
Vanguard Capital Management has reported beneficial ownership of 5.27% of McGrath RentCorp's common stock as of March 31, 2026.
NASDAQ
Vanguard Portfolio Management has reported beneficial ownership of 5.79% of McGrath RentCorp's common stock as of March 31, 2026.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting zero beneficial ownership in McGrath RentCorp common stock following an internal realignment.
NASDAQ
River Road Asset Management, LLC has disclosed an 8.7% beneficial ownership stake in McGrath RentCorp common stock as of December 31, 2025.
NASDAQ
BlackRock, Inc. has filed an amended Schedule 13G, confirming a 7.4% beneficial ownership stake in McGrath RentCorp as of March 31, 2025, held for passive investment purposes.
NASDAQ
River Road Asset Management, LLC has reported a 7.7% beneficial ownership stake in McGrath RentCorp's common stock as of December 31, 2024, filing a Schedule 13G.