secwatch.observer — SEC 8-K summary
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Issuer:     MCGRATH RENTCORP (MGRC)
CIK:        0000752714
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0000950170-25-098319
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McGrath RentCorp Q2 2025: revenue $235.6M (+11% YoY), EPS $1.46 vs $0.84, guidance raised
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- Net income $36.0M ($1.46 diluted EPS) vs $20.6M ($0.84) in Q2 2024; total revenue $235.6M, up 11%.
- Mobile Modular Adjusted EBITDA $53.1M (-$0.3M YoY) as rental revenues +5% but costs rose; TRS-RenTelco Adjusted EBITDA +7% to $19.3M.
- Portable Storage rental revenues -5% YoY; Adjusted EBITDA -11% to $9.8M on lower construction activity.
- Full-year 2025 revenue guidance narrowed to $925-$960M; Adjusted EBITDA guidance raised to $347-$356M.
- Quarterly dividend $0.485/share maintained; annualized yield ~1.7% based on $115.05 close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752714/000095017025098319/0000950170-25-098319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752714/000095017025098319/mgrc-20250724.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-098319

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