McGrath RentCorp Reports 4% Revenue Decline and 18% Drop in Sales for Q3 2025

Reuters10-24
<a href="https://laohu8.com/S/MGRC">McGrath RentCorp</a> Reports 4% Revenue Decline and 18% Drop in Sales for Q3 2025

McGrath RentCorp reported total revenues of $256.4 million for the third quarter ended September 30, 2025, a decrease of 4% compared to the same period in 2024. Rental operations revenues rose 4% to $178.1 million, while sales revenues declined 18% to $76.1 million. Net income for the quarter was $42.3 million. Adjusted EBITDA was $96.5 million, down 7% year-over-year. The company declared a quarterly dividend of $0.485 per share, representing a 1.6% annualized yield based on the October 22, 2025 closing price of $122.20 per share.

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