McGrath RentCorp
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Philip B. Hawkins
- Full Time Employees
- 1,306
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- 5700 Las Positas Road Livermore CA United States 94551-7800
- IPO Date
- Nov 13, 1984
- CIK
- 0000752714
- Website
- mgrc.com
- Similar Companies
- Business
- McGrath RentCorp functions as a leading business-to-business rental solutions provider across North America, offering a diverse array of equipment and related services. The company focuses on the rental and sale of adaptable modular structures, secure portable storage units, and sophisticated electronic test equipment. Its operations are structured across four main divisions: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. The Mobile Modular segment specializes in leasing and selling relocatable modular buildings configured for a wide range of uses, including educational facilities, temporary administrative spaces, sales centers, construction site offices, sanitation buildings, medical clinics, childcare centers, and other commercial applications. This division also emphasizes comprehensive site-related services and "Plus" offerings, aiming to be a complete modular solutions provider. The Portable Storage division supplies robust steel containers designed for secure on-site storage, alongside office containers, catering to sectors such as construction, retail, and manufacturing requiring flexible and reliable temporary space. The TRS-RenTelco segment offers rentals and sales of general-purpose electronic test instruments, which include oscilloscopes, amplifiers, analyzers, signal generation devices, and power source testing apparatus. These solutions primarily serve the aerospace, defense, electronics, industrial, research, and semiconductor industries. Additionally, it provides specialized communications test equipment, such as network and transmission testing tools for various fiber, copper, and wireless infrastructures, to communication equipment manufacturers, installation contractors, field technicians, and service providers. Finally, the Enviroplex segment is dedicated to the manufacturing and direct sale of modular classrooms to public school districts and other educational bodies specifically within California. Established in 1979 and headquartered in Livermore, California, McGrath RentCorp maintains a strong record of profitable growth and a commitment to customer-centric service, operating an extensive network throughout the United States and Canada. The company generates most of its revenue through operating leases and equipment sales. In recent years, McGrath RentCorp has strategically focused on expanding its modular solutions capabilities through organic growth and targeted acquisitions.
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