McGrath RentCorp

McGrath RentCorp is a diversified business-to-business rental company headquartered in Livermore, California. Founded in 1979, its mission is to empower organizations with flexible, dependable modular solutions that simplify challenges, ensure continuity, and accelerate growth. The company aims to deliver reliable, high-quality equipment rental and leasing solutions, enabling businesses to operate efficiently, safely, and successfully.

McGrath RentCorp operates through several specialized divisions, offering a range of rental products and services. These include relocatable modular buildings for education, commercial, government, and healthcare markets (Mobile Modular, Enviroplex, Kitchens To Go), portable storage containers (Mobile Modular Portable Storage), and electronic test equipment (TRS-RenTelco) for industries such as aerospace & defense, telecom, and data. The company serves diverse market segments including education, construction, government, healthcare, utilities, high-tech, commercial, industrial, and environmental.

As a leading business-to-business rental company in North America, McGrath RentCorp has a strong record of profitable growth and has supported over 35 consecutive years of annual dividend increases to shareholders. Philip B. Hawkins was appointed President and CEO in April 2026. The company recently reported Q1 2026 results, with total revenues increasing 2% year-over-year to $198.5 million and net income of $27.0 million. Despite a slight dip in stock price following the earnings announcement, McGrath RentCorp reaffirmed its full-year 2026 outlook.