MCGRATH RENTCORP (MGRC)

McGrath RentCorp engages in the provision of business-to-business rental services. It operates through the following segments: Mobile Modular, TRS-RenTelco, Portable Storage, and Enviroplex. The Mobile Modular segment is engaged in modular building and portable storage. The TRS-RenTelco segment includes operations for its electronic test equipment. The Portable Storage segment includes rental inventory consisting of steel containers used to provide a temporary storage solution that is delivered to the customer’s location and addresses the need for secure, temporary storage with immediate access to the unit. The Enviroplex segment involves the classroom manufacturing business selling modular buildings used primarily as classrooms in California. The company was founded by Robert P. McGrath in 1979 and is headquartered in Livermore, CA.

Address

5700 LAS POSITAS RD
LIVERMORE, CA 94551

Founded

1979

Number of Employees

1,204

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- $48,406 - - - - $13,616 - - - - $31,011
Average Price - $26.25 - - - - $48.25 - - - - $29.17
# Shares Purchased - 1,844,079 - - - - 282,221 - - - - 1,063,150
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - 284.8% - - - - 109.3% - - - - 246.3%
S&P 500 Return to Date - 173.0% - - - - 74.8% - - - - 123.9%
Excess Total Return - 111.8% - - - - 34.5% - - - - 122.4%
Quartile Rank
Percentile Rank - 84% - - - - 75% - - - - 95%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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