Earnings
McGrath Cuts Revenue Outlook To $945 Million–$960 Million As Customers' Big Projects Run Late
Slower completion of large construction jobs cut modular new-equipment sales, while test-equipment rentals hit a 20-year utilization high.
MGRC
McGrath RentCorp (MGRC) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
McGrath Lifts Rental Equipment Spending To $270 Million-$290 Million, Mostly For Test Gear Riding AI Demand
Management says utilization at its TRS unit is at a record high over the last couple of decades and not something it expects to sustain long term.
Earnings
McGrath Earnings Rise To $2.00 A Share, But Revenue Outlook For Rest Of 2026 Is Cut
The rental company trimmed its 2026 revenue range on weaker modular equipment sales and raised its fleet spending plan to $270 million to $290 million.
Earnings
McGrath's Classroom Builder Now Supplies 18% Of Pretax Profit As Its Two Biggest Rental Units Earn Less
Third-quarter net income rose 15% to $48.8 million, but Mobile Modular and Portable Storage both earned less than a year earlier.