Lumida
/MGRC
⌘K
McGrath RentCorp

McGrath RentCorp

MGRC
$109.48USD-1.23%-1.36 today

MARKET CAP

2.7B

P/E (TTM)

17.4x

FWD P/E

DAY RANGE

$109 – $112

52W RANGE

$95
$128

AI Summary

Stalk
StalkMedium

MGRC recently broke below a key horizontal support on heavy volume, indicating sellers have reasserted control. Despite the extreme oversold reading and mean-reversion permission, near-term price remains extended below declining EMAs, making immediate entry unfavorable. The medium term allows only counter-trend engagement once price shows stabilization or reclaims into the former support zone. Patience is warranted while monitoring for a pullback into that area acting as resistance before considering a higher-probability buy setup.

  • Rental operations revenue up 4% amid strong infrastructure and education demand
  • Q2 revenue $221.1M with booked orders rising into Q4
  • Q2 revenue down 6% YoY to $221.1M; adjusted EBITDA down 4%
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$534.6M$635.7M$831.8M$910.9M$944.2M
YoY %-6.6%+18.9%+30.9%+9.5%+3.7%
P / Sales3.7x3.8x3.4x3.0x2.7x
EV / Sales5.3x5.2x5.0x4.3x3.9x
Gross Profit, Adj.$247.3M$290.2M$393.6M$435.4M$455.0M
YoY %-6.2%+17.3%+35.6%+10.6%+4.5%
Margin %46.3%45.7%47.3%47.8%48.2%
EV / Gross Profit11.4x11.4x10.5x9.0x8.1x
EBITDA, Adj.$231.0M$258.6M$295.5M$342.4M$350.7M
YoY %-1.9%+12.0%+14.2%+15.9%+2.4%
Margin %43.2%40.7%35.5%37.6%37.1%
EV / EBITDA12.3x12.8x14.0x11.4x10.6x
EBIT$124.3M$147.3M$186.1M$235.0M$243.6M
YoY %-11.7%+18.5%+26.3%+26.3%+3.7%
Margin %23.2%23.2%22.4%25.8%25.8%
EV / EBIT22.8x22.5x22.2x16.6x15.2x
Net Income$89.7M$115.1M$174.6M$231.7M$156.3M
YoY %-12.0%+28.4%+51.7%+32.7%-32.5%
Net Margin16.8%18.1%21.0%25.4%16.6%
EPS (GAAP)$3.66$4.70$7.12$9.43$6.35
YoY %-12.0%+28.4%+51.5%+32.4%-32.7%