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McGrath RentCorp

Country
United States
Sector
Industrials
Industry
Rental & Leasing Services
Employees
1,219
Ticker
MGRC
Exchange
NASDAQ/NGS
Description
McGrath RentCorp is a diversified business-to-business rental company that supplies a broad array of industrial and commercial equipment across various sectors. Its primary function lies in leasing re...

McGrath RentCorp's Financial Statements Preview

Below are the financial statements of McGrath RentCorp, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets
Cash
0.81a
0.88a
Accounts receivable, net of allowance for credit losses of $2,866 at December 31, 2024 and $2,801 at December 31, 2023
219.34a
227.37a
Rental equipment, at cost
Relocatable modular buildings
1,414.37a
1,291.09a
Portable storage containers
240.85a
236.12a
Electronic test equipment
343.98a
377.59a
Rental equipment, at cost
1,999.2a
1,904.8a
Less: accumulated depreciation
-611.54a
-575.48a
Rental equipment, net
1,387.66a
1,329.32a
Property, plant and equipment, net
197.44a
169.11a
Inventories
14.3a
15.43a
Prepaid expenses and other assets
80.48a
87.36a
Intangible assets, net
54.33a
64.59a
Goodwill
323.22a
323.22a
Total assets
2,277.58a
2,217.28a
Liabilities
Notes payable
590.21a
762.98a
Accounts payable
60.08a
58.76a
Accrued liabilities
113.96a
108.76a
Deferred income
109.84a
111.43a
Deferred income taxes, net
280.13a
241.56a
Total liabilities
1,154.22a
1,283.48a
Shareholders’ equity
Common stock
116.25a
111.12a
Retained earnings
1,007.12a
822.8a
Accumulated other comprehensive loss
0a
-0.12a
Total shareholders’ equity
1,123.37a
933.8a
Total liabilities and shareholders’ equity
2,277.58a
2,217.28a
Limited Data Preview
You are viewing a limited preview of McGrath RentCorp’s balance sheet data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind McGrath RentCorp’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore McGrath RentCorp’s data sources below and access millions more through our Disclosure Search.

a. McGrath RentCorp's 10-K 2024
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