To date in 2020, the focus at most companies has shifted to trying to survive and recover from the COVID-19 pandemic. It seems other news tends to get shifted to the back burner. Such is the case for McGrath RentCorp (MGRC).
Certainly, McGrath, too, is traversing a rocky path due to the pandemic. But the company has proven its business model is resilient and has proven itself proficient with capital allocation. Even the pandemic hasn't halted expansion.
McGrath Judiciously Controls Expansion
McGrath RentCorp is a business-to-business leasing company offering solutions in three business