McGrath RentCorp (MGRC) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 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 $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
| 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 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | 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 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HRI | Herc | $3.28B | $965.00M |
| AAN | Aaron's Company | $2.69B | $625.96M |
| PRG | PROG | $2.41B | $582.55M |
| ALTG | Alta Equipment Group | $1.88B | $441.60M |
| CTOS | Custom Truck One Source | $1.87B | $447.22K |
| HEES | H&E Equipment Services | $1.47B | $384.86M |
| GATX | GATX | $1.41B | $405.40M |
| FTAIM | FTAI Aviation | $1.17B | $443.59M |
| MGRC | McGrath RentCorp | $831.84M | $266.76M |
| MPU | Mega Matrix | $47.80K | $6.92M |
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.