McGrath RentCorp (MGRC) is a business-to-business rental equipment provider and it's in a sweet spot right now. It operates in three business segments - Mobile Modular & Portable Storage, TRS-Ren Telco and Adler Tank Rentals. Each business segment is poised to benefit from favorable market conditions.
Most Recent Quarter
McGrath reported 2019 second quarter results on July 30. Total revenue of $127.4 million improved 8.9% year-over-year. Each segment generated improved total revenue – Mobile Modular at 13.1% to $67.7 million, TRS-Ren Telco at 6.5% to $32.3 million and Adler Tank at 14.3% to