---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-057986"
form_type: "8-K"
ticker: "MGRC"
cik: "0000752714"
company_name: "MCGRATH RENTCORP"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:34:13.846038+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# McGrath Q1 EPS beats; guidance revised lower amid tariff uncertainty

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-057986
- form_type: 8-K
- ticker: MGRC
- cik: 0000752714
- company_name: MCGRATH RENTCORP
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/752714/000095017025057986/0000950170-25-057986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/752714/000095017025057986/mgrc-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-057986
- JSON: https://secwatch.observer/filing/0000950170-25-057986.json
- Plain text: https://secwatch.observer/filing/0000950170-25-057986.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.