McGrath RentCorp (MGRC) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

McGrath RentCorp Revenue Highlights

Latest Revenue (Y)

$910.94M

Latest Revenue (Q)

$266.76M

Main Segment (Y)

Product

McGrath RentCorp Revenue by Period

McGrath RentCorp Revenue by Year

Date	Revenue	Change
2024-12-31	$910.94M	9.51%
2023-12-31	$831.84M	13.36%
2022-12-31	$733.82M	18.97%
2021-12-31	$616.83M	7.73%
2020-12-31	$572.55M	0.41%
2019-12-31	$570.23M	14.43%
2018-12-31	$498.33M	7.86%
2017-12-31	$462.03M	8.95%
2016-12-31	$424.08M	4.83%
2015-12-31	$404.54M	-0.88%
2014-12-31	$408.12M	7.59%
2013-12-31	$379.32M	4.19%
2012-12-31	$364.07M	6.25%
2011-12-31	$342.67M	17.60%
2010-12-31	$291.37M	5.71%
2009-12-31	$275.64M	-9.38%
2008-12-31	$304.16M	8.47%
2007-12-31	$280.41M	5.00%
2006-12-31	$267.07M	-1.88%
2005-12-31	$272.18M	34.40%
2004-12-31	$202.52M	54.63%
2003-12-31	$130.97M	-9.73%
2002-12-31	$145.09M	-8.98%
2001-12-31	$159.39M	-2.90%
2000-12-31	$164.16M	26.28%
1999-12-31	$130.00M	-3.99%
1998-12-31	$135.40M	0.30%
1997-12-31	$135.00M	51.69%
1996-12-31	$89.00M	24.82%
1995-12-31	$71.30M	4.39%
1994-12-31	$68.30M	19.61%
1993-12-31	$57.10M	-

McGrath RentCorp generated $910.94M in revenue during NA 2024, up 9.51% compared to the previous quarter, and up 159.75% compared to the same period a year ago.

McGrath RentCorp Revenue by Quarter

Date	Revenue	Change
2024-09-30	$266.76M	25.47%
2024-06-30	$212.61M	13.20%
2024-03-31	$187.83M	-15.24%
2023-12-31	$221.59M	-9.00%
2023-09-30	$243.51M	19.94%
2023-06-30	$203.03M	24.01%
2023-03-31	$163.72M	-22.37%
2022-12-31	$210.88M	5.16%
2022-09-30	$200.54M	13.28%
2022-06-30	$177.03M	21.78%
2022-03-31	$145.37M	-17.36%
2021-12-31	$175.91M	1.51%
2021-09-30	$173.29M	18.34%
2021-06-30	$146.44M	20.83%
2021-03-31	$121.19M	-18.65%
2020-12-31	$148.98M	-4.77%
2020-09-30	$156.45M	13.64%
2020-06-30	$137.67M	6.35%
2020-03-31	$129.45M	-12.07%
2019-12-31	$147.22M	-15.18%
2019-09-30	$173.56M	36.19%
2019-06-30	$127.44M	4.45%
2019-03-31	$122.01M	-8.34%
2018-12-31	$133.12M	-7.01%
2018-09-30	$143.15M	22.37%
2018-06-30	$116.98M	11.32%
2018-03-31	$105.08M	-14.02%
2017-12-31	$122.23M	-9.72%
2017-09-30	$135.39M	23.55%
2017-06-30	$109.58M	15.55%
2017-03-31	$94.84M	-9.92%
2016-12-31	$105.28M	-13.70%
2016-09-30	$121.99M	18.32%
2016-06-30	$103.11M	10.04%
2016-03-31	$93.70M	-11.00%
2015-12-31	$105.28M	-6.87%
2015-09-30	$113.05M	17.73%
2015-06-30	$96.03M	6.47%
2015-03-31	$90.19M	-19.33%
2014-12-31	$111.79M	-1.09%
2014-09-30	$113.03M	18.05%
2014-06-30	$95.75M	9.46%
2014-03-31	$87.47M	-7.55%
2013-12-31	$94.61M	-13.09%
2013-09-30	$108.86M	24.94%
2013-06-30	$87.13M	-1.78%
2013-03-31	$88.71M	-12.98%
2012-12-31	$101.95M	2.53%
2012-09-30	$99.43M	18.70%
2012-06-30	$83.77M	6.13%
2012-03-31	$78.93M	-7.37%
2011-12-31	$85.21M	-18.82%
2011-09-30	$104.96M	31.98%
2011-06-30	$79.53M	8.99%
2011-03-31	$72.97M	-8.69%
2010-12-31	$79.92M	-3.95%
2010-09-30	$83.20M	25.08%
2010-06-30	$66.52M	7.76%
2010-03-31	$61.73M	-7.19%
2009-12-31	$66.51M	-11.90%
2009-09-30	$75.50M	13.58%
2009-06-30	$66.47M	-1.01%
2009-03-31	$67.16M	-14.43%
2008-12-31	$78.48M	-9.08%
2008-09-30	$86.31M	16.72%
2008-06-30	$73.95M	13.05%
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/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Product	$262.29M	$150.65M	$125.23M	$124.60M	-
Product and Service, Other	$10.22M	$4.52M	-	-	-
Enviroplex	-	$20.19M	-	-	-
Trs Ren Telco	-	$148.28M	-	-	-
Mobile Modular	-	$562.24M	-	-	-
Product And Service Other	-	-	-	$3.52M	$3.77M

McGrath RentCorp's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (96.25%), and Product and Service, Other (3.75%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Product	$115.37M	$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	-	-	-	-
Product and Service, Other	$5.22M	$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

McGrath RentCorp's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Product (95.67%), and Product and Service, Other (4.33%).

McGrath RentCorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
HRI	Herc	$3.57B	$965.00M
ALTG	Alta Equipment Group	$1.88B	$448.80M
GATX	GATX	$1.59B	$405.40M
HEES	H&E Equipment Services	$1.52B	$384.86M
MGRC	McGrath RentCorp	$910.94M	$266.76M
CTOS	Custom Truck One Source	$1.80M	$447.22K
PRG	PROG	-	$606.14M

MGRC Revenue FAQ

What is McGrath RentCorp’s yearly revenue?

McGrath RentCorp's yearly revenue for 2024 was $910.94M, representing an increase of 9.51% compared to 2023. The company's yearly revenue for 2023 was $831.84M, representing an increase of 13.36% compared to 2022. MGRC's yearly revenue for 2022 was $733.82M, representing an increase of 18.97% compared to 2021.

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 (2022-2024) was 24.14%, and for the last 5 years (2020-2024) was 59.10%.

What are McGrath RentCorp’s revenue streams?

McGrath RentCorp's revenue streams in c 24 are Product, and Product and Service, Other. Product generated $262.29M in revenue, accounting 96.25% of the company's total revenue, up 74.10% year-over-year. Product and Service, Other generated $10.22M in revenue, accounting 3.75% of the company's total revenue, up 126.02% year-over-year.

What is McGrath RentCorp’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of McGrath RentCorp was Product. This segment made a revenue of $262.29M, representing 96.25% of the company's total revenue.