(MGRC) McGrath RentCorp - Ratings and Ratios

McGrath RentCorp is a business-to-business rental company with operations in the United States and international markets, offering a range of equipment and modular solutions to various industries. The company's product portfolio includes relocatable modular buildings, portable storage containers, and electronic test equipment, catering to diverse customer needs. Its business is segmented into four main divisions: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex, each focusing on specific markets and applications.

The Mobile Modular segment is a key part of the company's operations, providing modular buildings designed for a variety of uses, including classrooms, temporary offices, sales offices, construction field offices, and healthcare facilities. These modular buildings are designed to be flexible and can be used for both short-term and long-term purposes, offering customers a convenient and efficient solution for their space needs. The segment's products are used in various industries, such as education, healthcare, and construction, and are often used to support projects, events, or seasonal fluctuations in demand.

The TRS-RenTelco segment specializes in renting and selling electronic test equipment to a range of industries, including aerospace, defense, electronics, and semiconductor manufacturing. The equipment offered includes oscilloscopes, amplifiers, and signal source test equipment, which are used to test and measure the performance of electronic devices and systems. This segment also provides communications test equipment, such as network and transmission test equipment, to support the development and deployment of communications networks and services. The company's customers in this segment include manufacturers, contractors, and service providers, who rely on the equipment to ensure the quality and reliability of their products and services.

In addition to its modular buildings and electronic test equipment, McGrath RentCorp also offers portable storage solutions through its Portable Storage segment. This segment provides steel containers that can be used for temporary storage, offering customers a secure and flexible way to store their goods and equipment. The containers are often used in construction, retail, and manufacturing applications, where they provide a convenient and cost-effective solution for storing materials, equipment, and inventory.

The Enviroplex segment is a specialized division that manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. This segment is focused on providing high-quality, modular learning environments that can be used to support the educational needs of students. The company's portable classrooms are designed to be energy-efficient, sustainable, and adaptable, offering a flexible solution for schools and educational institutions that need to expand their capacity or replace existing facilities.

McGrath RentCorp has a long history, dating back to its incorporation in 1979, and is headquartered in Livermore, California. The company is listed on the NASDAQ stock exchange under the ticker symbol MGRC and is classified as a common stock. Its GICS Sub Industry classification is Diversified Support Services, reflecting its broad range of products and services. With a strong online presence, including its website at https://www.mgrc.com, the company is well-positioned to support the needs of its customers and stakeholders. The company's ISIN is US5805891091, providing a unique identifier for its common stock.