earnings
confidence high
sentiment negative
materiality 0.65
McGrath Q1 EPS beats; guidance revised lower amid tariff uncertainty
MCGRATH RENTCORP
2025-Q1 EPS reported
$1.15
revenue$195,416,000
- Net income $28.2M ($1.15 diluted EPS) vs $22.8M ($0.93) YoY; revenue $195.4M (+4%).
- Adjusted EBITDA $74.5M (+3% YoY); Mobile Modular +10%, Portable Storage -25%, TRS-RenTelco -3%.
- Quarterly dividend maintained at $0.485 per share; annualized yield ~1.9% on $102.42 close.
- FY2025 guidance revised: revenue $920-960M (from $920-970M), Adj. EBITDA $343-355M (from $345-360M), capex $115-125M.
- CEO cites tariff uncertainty leading to cautious second-half outlook; modular solid, portable storage weak.