earnings
confidence high
sentiment neutral
materiality 0.65
McGrath Q3 net income $42.3M (excl. merger payment down 8%); revenue down 4%; narrows FY guidance
MCGRATH RENTCORP
2025-Q3 EPS
reported $4.32
vs consensus $1.89
▲ beat
(+128.6%)
- Net income $42.3M ($1.72 diluted EPS) vs $149.3M (incl. $180M merger termination) in Q3 2024; ex-items down 8%.
- Total revenue $256.4M (-4% YoY); rental ops revenue +4% to $178.1M; sales revenue -18% to $76.1M.
- Adjusted EBITDA $96.5M, down 7% YoY.
- Full-year 2025 guidance narrowed: revenue $935-955M, Adjusted EBITDA $350-357M, capex $120-125M.
- Dividend of $0.485/share declared for Q3 (unchanged).