McGrath RentCorp schedules results: McGrath RentCorp stock yields 1.67 percent

Published on 10/05/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue fell 6.00 percent year over year. McGrath RentCorp stock costs EUR 105.00 on October 5, 2026 after EUR 104.50.

MGRC, US5805891091, Illustration mit AI erstellt.

McGrath RentCorp (ISIN US5805891091) was trading at EUR 105.00 at Lang & Schwarz on October 5, 2026 at 10:01 a.m. CEST, plus 0.48 percent versus the prior close of EUR 104.50. On October 1, 2026, McGrath RentCorp scheduled its third-quarter 2026 results for October 28, 2026. The quoted dividend yield was 1.67 percent as of October 5, 2026.

October 28 results date

The company plans to release results after regular market trading closes on October 28, 2026, followed by a conference call at 5:00 p.m. ET, according to its investor-relations page. That date gives the next earnings update a clear place in the stock calendar while the latest reported quarter remains the central operating reference.

Second-quarter earnings mix

According to CEO.CA in the company release dated July 29, 2026, total revenue for the second quarter of 2026 was USD 221.1 million, down 6.00 percent from USD 235.6 million in the second quarter of 2025. Net income fell to USD 33.7 million from USD 36.0 million, while diluted earnings per share declined to USD 1.37 from USD 1.46.

The mix was more constructive in rental operations. Revenue from rental operations increased 6.00 percent to USD 172.5 million, while sales revenue decreased 34.00 percent to USD 46.4 million. Adjusted EBITDA, a non-GAAP measure, declined 4.00 percent to USD 82.8 million, showing how weaker equipment sales still offset stronger recurring rental activity.

Dividend supports the valuation

Business Wire reported on September 18, 2026 that McGrath declared a quarterly cash dividend of USD 0.495 per share for the quarter ending September 30, 2026. The payment is scheduled for October 30, 2026, to shareholders of record on October 16, 2026, extending a record of more than 35 consecutive years of annual dividend increases.

Market data put McGrath RentCorp's market capitalization at USD 2.9 billion as of October 2, 2026. The company operates in the Industrials sector and provides modular buildings, portable storage and electronic test-equipment rentals, so the upcoming report will show whether recurring rental growth can continue to offset softer sales revenue.

Lang and Schwarz price

McGrath RentCorp was trading at EUR 105.00 at Lang & Schwarz on October 5, 2026 at 10:01 a.m. CEST, up 0.48 percent versus the Lang & Schwarz prior close of EUR 104.50 on October 2, 2026.