Mcgrath Rentcorp's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Mcgrath Rentcorp (MGRC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Mcgrath Rentcorp vs Its Competitors
- TTM: Trailing 12-month revenue of 951M vs 91,769M combined for its competitors (1.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+15.5% annualized vs trailing 12 months), vs accelerating (+6.8%) for its tracked peer group.
- Growth: Mcgrath Rentcorp generated 7.1% revenue growth year over year in Q3 2026, vs 16.3% for its competitors combined.
- Profitability: Its 17.8% net margin compares with 15.5% for the peer group.
- Scale: Mcgrath Rentcorp ranks #12 of 26 companies by market capitalization in the Rental & Leasing industry, holding 1.7% of industry market cap.
- Peer revenue share: Mcgrath Rentcorp accounted for 1.1% of combined revenue among its tracked peer group, down from 1.2% a year earlier.
- Peer differentiation: Revenue per employee of $0.73M compares with $0.61M for the peer group (1.2x).
- Structure: Mcgrath Rentcorp operates in the following segments: Mobile Modular, Trs Ren Telco, Enviroplex, Portable Storage.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
MGRC Sales vs. its Competitors, Q3 2026
Mcgrath Rentcorp reported revenue growth of 7.08 % year on year in Q3 2026, below its competitors' combined revenue growth of 16.30 %.
With a net margin of 17.77 %, Mcgrath Rentcorp achieved higher profitability than its competitors (15.47 %).
Mcgrath Rentcorp generated 1.11 % of the combined sales of its peer group, down from 1.20 % a year earlier.
API endpoints for this dataset
Mcgrath Rentcorp vs. its Competitors, Q3 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Mcgrath Rentcorp reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Mcgrath Rentcorp and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Mcgrath Rentcorp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (1) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Mcgrath Rentcorp's competitor groups requires a Commercial License.
For context: the Rental & Leasing industry grew revenue 9.7% year over year, combined, vs 7.1% for Mcgrath Rentcorp. Mcgrath Rentcorp's share of combined industry revenue moved from 0.77% to 0.75%, a loss of 0.02 percentage points.
Mcgrath Rentcorp's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Mcgrath Rentcorp | Yes | Yes | No | No |
| Competitors combined (6) | ||||
| High-Confidence Competitors (2) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 85.70 % (6 of 7) | 50.00 % (4 of 8) | 12.50 % (1 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
MGRC Stock Performance relative to its Competitors
MGRC Stock Performance relative to High-Confidence Competitors
MGRC Stock Performance relative to Similar-Size Competitors
MGRC Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | United Rentals Inc | 282.9% | Outperformed |
| 2 | Fastenal Co | 282.9% | Outperformed |
| 3 | Herc Holdings Inc | 282.9% | Outperformed |
| 4 | Caterpillar Inc | 282.9% | Outperformed |
| 5 | Ashford Hospitality Trust Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Mcgrath Rentcorp's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Mcgrath Rentcorp's Comment on Competition and Industry Peers
Publicly Traded Peers of Mcgrath Rentcorp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Mcgrath Rentcorp |
3,162.25 | 951.02 |
 Caterpillar Inc |
276,023.79 | 77,773.00 |
 United Rentals Inc |
71,104.04 | 16,365.00 |
 Fastenal Co |
62,761.09 | 9,079.80 |
 Herc Holdings Inc |
5,600.53 | 4,916.00 |
 Waldencast Plc |
100.31 | 272.02 |
| SUBTOTAL | 418,770.37 | 110,515.32 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Mcgrath Rentcorp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Mcgrath Rentcorp's Competitors Named by the Company
Competitive relationships identified from Mcgrath Rentcorp reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Mobile Modular | Company report | 85% |
| Portable Storage | Company report | 85% |
| WillScot Corporation | Company report | 85% |
| Mobile Mini | Company report | 85% |
| Waldencast Plc | Company report | 85% |
| United Rentals Inc | Company report | 85% |
| Herc Holdings Inc | Company report | 85% |
| Caterpillar Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Mcgrath Rentcorp's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Mcgrath Rentcorp's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Mcgrath Rentcorp | Mobile Modular 65.52 % |
| Caterpillar Inc | Construction Industries 41.12 % |
| United Rentals Inc | General Rentals 67.33 % |
| Fastenal Co | Reportable Segment, Aggregation before Other Operating 82.62 % |
| Waldencast Plc | Obagi Skincare 59.42 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Mcgrath Rentcorp's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Mcgrath Rentcorp | 3,162 | 728,193 | 122,004 |
| Caterpillar Inc | 276,024 | 659,093 | 100,237 |
| United Rentals Inc | 71,104 | 574,211 | 87,965 |
| Fastenal Co | 62,761 | 370,771 | 57,908 |
| Herc Holdings Inc | 5,601 | 512,083 | 12,813 |
| Waldencast Plc | 100 | 747,302 | -681,473 |
| PEERS TOTAL | 415,608 | 605,485 | 85,981 |
Mcgrath Rentcorp's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Caterpillar Inc | Latin America -0.11 % |
| Fastenal Co | Non-North America 3.50 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Mcgrath Rentcorp's Position in Industry Market Structure
Market-capitalization share and concentration across all 23 companies in Mcgrath Rentcorp's industry classification, broader than the peer set above. Market cap in millions of $.Mcgrath Rentcorp ranks #12 of 23 companies by market capitalization in its industry, holding 1.71 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,004, indicating a moderately concentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | United Rentals Inc | 71,104 | 38.46 % |
| 2 | Aercap Holdings n v | 30,896 | 16.71 % |
| 3 | Ftai Aviation Ltd | 20,687 | 11.19 % |
| 4 | U haul Holding Company | 11,141 | 6.03 % |
| 5 | Ryder System Inc | 1,234 | 5.2% |
| 6 | Caris Life Sciences Inc | 1,234 | 5.2% |
| 7 | Herc Holdings Inc | 1,234 | 5.2% |
| 8 | Avis Budget Group Inc | 1,234 | 5.2% |
| 9 | Firefly Aerospace Inc | 1,234 | 5.2% |
| 10 | Willscot Holdings Corporation | 1,234 | 5.2% |
| 12 | Mcgrath Rentcorp | 3,168 | 1.71 % |
Market cap and industry share for the rest of Mcgrath Rentcorp's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-09.
Mcgrath Rentcorp's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 7 | Herc Holdings Inc | 5,601 | 19.83 % |
| 8 | Avis Budget Group Inc | 4,557 | -12.73 % |
| 9 | Firefly Aerospace Inc | 3,933 | -10.14 % |
| 10 | Willscot Holdings Corporation | 3,751 | 3.17 % |
| 11 | Equipmentshare com Inc | 1,234 | 12.3% |
| 12 | Mcgrath Rentcorp | 3,168 | 20.99 % |
| 13 | Custom Truck One Source Inc | 1,234 | 12.3% |
| 14 | Nuscale Power Corporation | 1,234 | 12.3% |
| 15 | Prog Holdings Inc | 1,234 | 12.3% |
| 16 | Upbound Group Inc | 1,234 | 12.3% |
| 17 | Hertz Global Holdings inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Mcgrath Rentcorp's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-09. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Mcgrath Rentcorp's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Rental & Leasing industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (56 companies). See the full Rental & Leasing industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 48.81 % | 36.75 % (avg) | +12.1 pp |
| Operating Margin | 25.74 % | industry median | +17.5 pp |
| EBITDA Margin | 34.14 % | 20.43 % (avg) | +13.7 pp |
| Capital Intensity (Capex / Revenue) | 33.53 % | 10.75 % (avg) | +22.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Mcgrath Rentcorp's Valuation vs Competitive Position
Valuation multiples vs the Rental & Leasing industry average (56 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Rental & Leasing industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 17.8x | 21.5x | -3.7x |
| EV / EBITDA | 10.5x | 13.2x | -2.7x |
| P/B | 2.3x | 3.2x | -0.9x |
| Return on Equity | 12.75 % | industry aggregate | -3.21 % |
| Return on Invested Capital | 7.23 % | 6.11 % (avg) | 1.13 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Mcgrath Rentcorp's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 7.86 % | 14.43 % | 0.41 % | 7.73 % | 18.97 % | 64.16 % | 9.51 % | 3.65 % |
| Operating Margin | 23.57 % | 24.79 % | 24.58 % | 21.47 % | 22.56 % | 22.81 % | 29.20 % | 25.80 % |
| Return on Invested Capital | 7.34 % | 8.21 % | 8.65 % | 7.11 % | 7.52 % | 6.27 % | 8.02 % | 7.41 % |
| P/E | 15.9x | 19.3x | 15.9x | 21.4x | 20.7x | 14.6x | 12.2x | 17.1x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Mcgrath Rentcorp's Strategic Group Map
Mcgrath Rentcorp is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Mcgrath Rentcorp's trailing-12-month revenue growth of 2.1% and operating margin of 25.7% compares with an average of 0.3% growth and 20.3% margin across its 8 closest peers by combined growth, margin and ROIC -- Mcgrath Rentcorp sits above that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Mcgrath Rentcorp's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Mcgrath Rentcorp falls in the Dog quadrant: relative market share of 0.04x vs its largest competitor, in an industry growing revenue 5.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: United Rentals Inc alone holds 38% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Mcgrath Rentcorp's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 2,004 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 33.53 % vs industry average 10.75 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Mcgrath Rentcorp's dedicated Suppliers and Customers pages, not here.
Mcgrath Rentcorp's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Mcgrath Rentcorp falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Mcgrath Rentcorp's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 17.5 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+15.5% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.04x).
Opportunities
- Trades at a lower P/E than the industry average (17.8x vs 21.5x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
- Industry dominated by United Rentals Inc , holding 38.46 % of industry market cap.
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: see Methodology: SWOT Analysis.
Mcgrath Rentcorp's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Mcgrath Rentcorp | 0.01 | 3.69 | 0.45 |
| Caterpillar Inc | 0.19 | 1.40 | 0.60 |
| United Rentals Inc | 0.10 | 0.87 | 1.55 |
| Fastenal Co | 0.30 | 4.30 | 0.04 |
| Herc Holdings Inc | 0.06 | 1.21 | 6.20 |
| Waldencast Plc | 0.41 | 1.70 | 0.25 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Mcgrath Rentcorp's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Mcgrath Rentcorp | Q3 2026 | +7.1 % | +15.4 % |
| Caterpillar Inc | Q3 2026 | +17.3 % | +42.9 % |
| United Rentals Inc | Q1 2026 | +7.2 % | +2.5 % |
| Fastenal Co | Q3 2026 | +15.5 % | +19.7 % |
| Herc Holdings Inc | Q3 2026 | +4.6 % | +246.7 % |
| Waldencast Plc | Q4 2025 | -0.6 % | - |
| PEERS TOTAL | +14.8 % | +35.3 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Mcgrath Rentcorp's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Mcgrath Rentcorp | Q3 2026 | +4.8 % | +114.1 % |
| Caterpillar Inc | Q3 2026 | +14.5 % | -0.7 % |
| United Rentals Inc | Q1 2026 | +6.5 % | - |
| Fastenal Co | Q3 2026 | +16.4 % | +22.7 % |
| Herc Holdings Inc | Q3 2026 | +13.9 % | +14.7 % |
| Waldencast Plc | Q4 2025 | +8.4 % | -22.0 % |
Mcgrath Rentcorp's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Mcgrath Rentcorp | 6.49% | 7.46% | 12.75% |
| Caterpillar Inc | 11.72% | 18.87% | 58.52% |
| United Rentals Inc | 8.43% | 8.74% | 27.88% |
| Fastenal Co | 26.95% | 33.24% | 35.12% |
| Herc Holdings Inc | 0.89% | 0.80% | 6.37% |
| Waldencast Plc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Mcgrath Rentcorp's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Mcgrath Rentcorp | 19.94 | 3.33 |
| Caterpillar Inc | 23.52 | 3.55 |
| United Rentals Inc | 28.90 | 4.34 |
| Fastenal Co | 44.01 | 6.91 |
| Herc Holdings Inc | 45.06 | 1.14 |
| Waldencast Plc | - | 0.37 |
| PEERS AVERAGE | 26.64 | 3.79 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.