McGrath Rentcorp MGRC

MGRC Company Overview

McGrath RentCorp (NASDAQ: MGRC) is a U.S.-based business-to-business rental company that provides modular buildings, portable storage containers, electronic test equipment, and liquid containment solutions. The company operates primarily in the equipment rental and business services industries, serving customers across construction, education, telecommunications, utilities, manufacturing, energy, government, and infrastructure markets. Its core revenue model is based on long-term and short-term equipment rentals, supplemented by sales of used equipment, delivery and installation services, maintenance, and related support services.

The company’s primary operating brands include Mobile Modular, TRS-RenTelco, Adler Tanks, and portable storage operations that expanded through acquisitions. McGrath RentCorp was founded in 1979 and evolved from a modular building rental provider into a diversified rental platform through organic expansion and strategic acquisitions. The company has positioned itself as a specialized rental provider focused on niche, asset-intensive markets where operational reliability, recurring customer relationships, and fleet management capabilities create competitive advantages.