News

McGrath RentCorp's Mobile Modular segment shows strong growth, but the TRS-RenTelco and Portable Storage segments are weak, impacting overall performance. The pending merger with WillScot Mobile ...
McGrath anticipates realizing $8 million of ... The final purchase price is subject to customary adjustments. “Growing Mobile Modular is the strategic focus area for our Company, and the ...
McGrath RentCorp’s Q4 2024 results underscore the resilience of its Mobile Modular segment, supported by strong pricing and ...
McGrath said in a press release the acquisition “significantly increases McGrath’s modular revenue mix from 66% to 80%.” “Mobile Modular’s high margins, recurring revenue, and favourable demand make ...
McGrath RentCorp delivered solid Q1 results, driven by Mobile Modular's strong performance and early signs of recovery at TRS-RenTelco. Management remains cautious about potential economic impacts ...
Overall adjusted EBITDA climbed by 47% to $95.3 million. We mentioned the mobile modular segment of McGrath which now accounts for 80% of the total business including the addition of Vesta.
McGrath’s business mix remains heavily weighted toward Mobile Modular, which accounted for 75% of total revenues ($911 million) and 67% of total adjusted EBITDA ($352 million) in 2024.
The acquired Vesta business will expand McGrath’s modular business geographic ... through conservative leverage “Growing Mobile Modular is the strategic focus area for our Company, and the ...
McGrath’s business mix remains heavily weighted toward Mobile Modular, which accounted for 75% of total revenues ($911 million) and 67% of total adjusted EBITDA ($352 million) in 2024. Portable ...