MCGRATH RENTCORP
Close on Oct 19, 2026
- Market cap
- $2.75B
- P/E (TTM)
- 18.1
- Dividend yield
- 1.73%
About Mcgrath Rentcorp
Services-Equipment Rental & Leasing, NEC, SIC 7359
McGrath RentCorp is a business-to-business equipment rental company that also sells equipment in the ordinary course of business. The company operates through four reportable business segments: Mobile Modular, which provides relocatable modular buildings; Portable Storage, offering steel storage containers and ground level office containers; TRS-RenTelco, which rents and sells general purpose and communications electronic test equipment; and Enviroplex, which manufactures and sells modular classrooms. Its customers include educational institutions such as public and private schools, colleges, and universities, as well as commercial clients across construction, aerospace, defense, telecommunications, electronics, energy, retail, and manufacturing sectors, alongside governmental agencies.
The company is headquartered in Livermore, California, and maintains operations across North America. As of December 31, 2025, it employed 1,306 people and owned rental fleets comprising 41,722 modular units and 42,262 storage containers. Its modular and storage divisions operate regional sales and branch facilities across several U.S. regions, while its electronic test equipment division serves domestic and international clients from facilities in Grapevine, Texas, and Dollard-des-Ormeaux, Canada.
Summary of the business section of Mcgrath Rentcorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MCGRATH RENTCORP
- Founded
- 1979
- Headquarters
- Livermore, CA
- Address
- 5700 Las Positas Rd 94551
- Phone
- (925) 606-9200
- Website
- mgrc.com
- Employees
- 1,306, Dec 31, 2025
- Industry
- Services-Equipment Rental & Leasing, NEC
- Incorporated in
- California
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, San Francisco, California
Stock & identifiers
- Ticker
- MGRC
- Exchange
- Nasdaq
- Shares outstanding
- 24M, Jul 28, 2026
- Public float
- $2.85T, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Mar 28, 2005; 2-for-1, Apr 28, 1997; 2-for-1, Apr 22, 1991
- SEC CIK
- 752714
- CUSIP
- 580589109
- ISIN
- US5805891091
- LEI
- 254900EUH6IPWFQ83445
- EIN
- 94-2579843
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Tara Wescott | SVP, Chief HR Officer | 7,831 |
| John P. Skenesky | VP and Division Manager | 10,634 |
| Philip B. Hawkins | President and CEO | 15,199 |
| John Lieffrig | VP and Division Manager | 23,551 |
| Gilda Malek | SVP, Chief Legal Officer | 8,018 |
| Trease Kristina Van | Chief Strategy Officer | 13,769 |
| David M. Whitney | SVP, Chief Accounting Officer | 13,769 |
| Chris J. Snyder | Senior Vice President Mobile M | 10,956 |
| Keith E. Pratt | Executive VP and CFO | 60,522 |
| Joseph F. Hanna | Director | 158,589 |
| Nicolas C. Anderson | Director | 4,800 |
| William J. Dawson | Director | 7,300 |
| Bradley M. Shuster | Director | 15,000 |
| Smita Conjeevaram | Director | 7,800 |
| Kimberly Ann Box | Director | 8,300 |
| Elizabeth A. Fetter | Director | 3,970 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Joseph Hanna | $6.52M | $5.89M | $1.94M | $172 | $190 |
| FY2024 Joseph Hanna | $5.48M | $4.48M | $1.45M | $181 | $159 |
| FY2023 Joseph Hanna | $4.77M | $8.50M | $1.25M | $190 | $135 |
| FY2022 Joseph Hanna | $3.12M | $4.87M | $1.03M | $154 | $114 |
| FY2021 Joseph Hanna | $3.26M | $4.39M | $969.86K | $122 | $121 |
| FY2020 Joseph Hanna | $2.67M | $1.11M | $857.11K | $90 | $111 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, the Company had 1,306 employees, of whom 148 were primarily administrative and executive personnel, with 725, 206, 131 and 96 in the operations of Mobile Modular, Portable Storage, TRS-RenTelco and Enviroplex, respectively.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 10, 2024 | Merger vote | Definitive merger proxy statement |
| Feb 1, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 17, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 12, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |