McGrath RentCorp (MGRC) Revenue & Revenue Breakdown


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McGrath RentCorp Revenue Highlights


Latest Revenue (Y)

$831.84M

Latest Revenue (Q)

$266.76M

Main Segment (Y)

Mobile Modular

McGrath RentCorp Revenue by Period


McGrath RentCorp Revenue by Year

DateRevenueChange
2023-12-31$831.84M13.36%
2022-12-31$733.82M18.97%
2021-12-31$616.83M7.73%
2020-12-31$572.55M0.41%
2019-12-31$570.23M14.43%
2018-12-31$498.33M7.86%
2017-12-31$462.03M8.95%
2016-12-31$424.08M4.83%
2015-12-31$404.54M-0.88%
2014-12-31$408.12M7.59%
2013-12-31$379.32M4.19%
2012-12-31$364.07M6.25%
2011-12-31$342.67M17.60%
2010-12-31$291.37M5.71%
2009-12-31$275.64M-9.38%
2008-12-31$304.16M8.47%
2007-12-31$280.41M5.00%
2006-12-31$267.07M-1.88%
2005-12-31$272.18M34.40%
2004-12-31$202.52M54.63%
2003-12-31$130.97M-9.73%
2002-12-31$145.09M-8.98%
2001-12-31$159.39M-2.90%
2000-12-31$164.16M26.28%
1999-12-31$130.00M-3.99%
1998-12-31$135.40M0.30%
1997-12-31$135.00M51.69%
1996-12-31$89.00M24.82%
1995-12-31$71.30M4.39%
1994-12-31$68.30M19.61%
1993-12-31$57.10M-

McGrath RentCorp generated $831.84M in revenue during NA 2023, up 13.36% compared to the previous quarter, and up 166.93% compared to the same period a year ago.

McGrath RentCorp Revenue by Quarter

DateRevenueChange
2024-09-30$266.76M25.47%
2024-06-30$212.61M13.20%
2024-03-31$187.83M-15.24%
2023-12-31$221.59M-9.00%
2023-09-30$243.51M19.94%
2023-06-30$203.03M24.01%
2023-03-31$163.72M-22.37%
2022-12-31$210.88M5.16%
2022-09-30$200.54M13.28%
2022-06-30$177.03M21.78%
2022-03-31$145.37M-17.36%
2021-12-31$175.91M1.51%
2021-09-30$173.29M18.34%
2021-06-30$146.44M20.83%
2021-03-31$121.19M-18.65%
2020-12-31$148.98M-4.77%
2020-09-30$156.45M13.64%
2020-06-30$137.67M6.35%
2020-03-31$129.45M-12.07%
2019-12-31$147.22M-15.18%
2019-09-30$173.56M36.19%
2019-06-30$127.44M4.45%
2019-03-31$122.01M-8.34%
2018-12-31$133.12M-7.01%
2018-09-30$143.15M22.37%
2018-06-30$116.98M11.32%
2018-03-31$105.08M-14.02%
2017-12-31$122.23M-9.72%
2017-09-30$135.39M23.55%
2017-06-30$109.58M15.55%
2017-03-31$94.84M-9.92%
2016-12-31$105.28M-13.70%
2016-09-30$121.99M18.32%
2016-06-30$103.11M10.04%
2016-03-31$93.70M-11.00%
2015-12-31$105.28M-6.87%
2015-09-30$113.05M17.73%
2015-06-30$96.03M6.47%
2015-03-31$90.19M-19.33%
2014-12-31$111.79M-1.09%
2014-09-30$113.03M18.05%
2014-06-30$95.75M9.46%
2014-03-31$87.47M-7.55%
2013-12-31$94.61M-13.09%
2013-09-30$108.86M24.94%
2013-06-30$87.13M-1.78%
2013-03-31$88.71M-12.98%
2012-12-31$101.95M2.53%
2012-09-30$99.43M18.70%
2012-06-30$83.77M6.13%
2012-03-31$78.93M-7.37%
2011-12-31$85.21M-18.82%
2011-09-30$104.96M31.98%
2011-06-30$79.53M8.99%
2011-03-31$72.97M-8.69%
2010-12-31$79.92M-3.95%
2010-09-30$83.20M25.08%
2010-06-30$66.52M7.76%
2010-03-31$61.73M-7.19%
2009-12-31$66.51M-11.90%
2009-09-30$75.50M13.58%
2009-06-30$66.47M-1.01%
2009-03-31$67.16M-14.43%
2008-12-31$78.48M-9.08%
2008-09-30$86.31M16.72%
2008-06-30$73.95M13.05%
2008-03-31$65.42M-8.46%
2007-12-31$71.46M-

McGrath RentCorp generated $266.76M in revenue during Q3 2024, up 25.47% compared to the previous quarter, and up 131.39% compared to the same period a year ago.

McGrath RentCorp Revenue Breakdown


McGrath RentCorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Enviroplex$20.19M----
Trs Ren Telco$148.28M----
Mobile Modular$562.24M----
Product and Service, Other-$4.52M---
Product-$150.65M$125.23M$124.60M$110.23M
Product And Service Other--$3.52M$3.77M$5.07M

McGrath RentCorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Mobile Modular (76.94%), Trs Ren Telco (20.29%), and Enviroplex (2.76%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Product$92.51M$54.41M$52.91M$36.47M$15.88M$44.73M$37.64M$28.26M$14.61M$37.24M$42.33M$30.67M$14.37M$28.84M$50.85M$13.71M----
Product and Service, Other$2.35M$2.66M$1.04M-----------------
Trs Ren Telco--$134.97M$7.51M$5.80M$6.26M--------------
Mobile Modular--$481.39M$53.84M$27.00M$39.41M--------------
Enviroplex--$18.33M$923.00K$941.00K$9.98M--------------
Adler Tanks----$2.83M$8.37M--------------
Product And Service Other-------$1.12M$939.00K$912.00K$874.00K$910.00K$828.00K$858.00K$939.00K$900.00K$1.07M$1.85M$1.03M$1.16M

McGrath RentCorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (97.53%), and Product and Service, Other (2.47%).

McGrath RentCorp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HRIHerc$3.28B$965.00M
AANAaron's Company$2.69B$625.96M
PRGPROG$2.41B$582.55M
ALTGAlta Equipment Group$1.88B$448.80M
CTOSCustom Truck One Source$1.87B$447.22K
HEESH&E Equipment Services$1.47B$384.86M
GATXGATX$1.41B$405.40M
MGRCMcGrath RentCorp$831.84M$266.76M

MGRC Revenue FAQ


What is McGrath RentCorp’s yearly revenue?

McGrath RentCorp's yearly revenue for 2023 was $831.84M, representing an increase of 13.36% compared to 2022. The company's yearly revenue for 2022 was $733.82M, representing an increase of 18.97% compared to 2021. MGRC's yearly revenue for 2021 was $616.83M, representing an increase of 7.73% compared to 2020.

What is McGrath RentCorp’s quarterly revenue?

McGrath RentCorp's quarterly revenue for Q3 2024 was $266.76M, a 25.47% increase from the previous quarter (Q2 2024), and a 9.55% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $212.61M, a 13.20% increase from the previous quarter (Q1 2024), and a 4.72% increase year-over-year (Q2 2023). MGRC's quarterly revenue for Q1 2024 was $187.83M, a -15.24% decrease from the previous quarter (Q4 2023), and a 14.73% increase year-over-year (Q1 2023).

What is McGrath RentCorp’s revenue growth rate?

McGrath RentCorp's revenue growth rate for the last 3 years (2021-2023) was 34.86%, and for the last 5 years (2019-2023) was 45.88%.

What are McGrath RentCorp’s revenue streams?

McGrath RentCorp's revenue streams in c 23 are Enviroplex, Trs Ren Telco, and Mobile Modular. Enviroplex generated $20.19M in revenue, accounting 2.76% of the company's total revenue Trs Ren Telco generated $148.28M in revenue, accounting 20.29% of the company's total revenue Mobile Modular generated $562.24M in revenue, accounting 76.94% of the company's total revenue

What is McGrath RentCorp’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of McGrath RentCorp was Mobile Modular. This segment made a revenue of $562.24M, representing 76.94% of the company's total revenue.