{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-017874","form_type":"8-K","ticker":"MGRC","cik":"0000752714","company_name":"MCGRATH RENTCORP","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.867285+00:00","generated_at":"2026-06-05T22:30:19.715170+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"McGrath Q4 revenues up 21% to $221.6M but EPS down to $1.30; dividend raised 2%","bullets":["Q4 net income from continuing ops $32.0M ($1.30 diluted) vs $35.0M ($1.43) a year ago, a decline of 9%.","Full-year revenues $831.8M (+31% YoY); net income from continuing ops $111.9M ($4.56 diluted), up 8%.","Mobile Modular rental revenues up 37% (two-thirds from Vesta); TRS-RenTelco down 11% on semiconductor weakness.","Quarterly dividend increased to $0.475/share (2% YoY), marking 33rd consecutive annual increase.","CEO cites WillScot Mobile Mini deal validation; integration of Vesta completed on schedule."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-017874","json":"https://secwatch.observer/filing/0000950170-24-017874.json","markdown":"https://secwatch.observer/filing/0000950170-24-017874.md","text":"https://secwatch.observer/filing/0000950170-24-017874.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/752714/000095017024017874/0000950170-24-017874-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/752714/000095017024017874/mgrc-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:30:19.715170+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1552158a97d4b22da8f26b167c2b8576c95b67eb","claim":"MCGRATH RENTCORP reported fourth quarter ended December 31, 2023 results: revenue $221.6 million, net income $32.0 million, EPS $1.30 per diluted share.","evidence_excerpt":"MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended December 31, 2023 of $221.6 million, an increase of 21% compared to the fourth quarter of 2022. The Company reported net income from continuing operations of $32.0 million, or $1.30 per diluted share, for the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/752714/000095017024017874/0000950170-24-017874-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$221.6 million"},{"label":"Net income","value":"$32.0 million"},{"label":"EPS","value":"$1.30 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}