Company: MGRC
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0000950170-25-098322
Chunk: 13

Company: MCGRATH RENTCORP
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 provision for income taxes $ 86,870
Other Selected Information
Rental equipment acquisitions $ 34,479 618 18,399 - $ 53,496
Accounts receivable, net (period end) $ 177,549 12,857 23,085 20,310 $ 233,801
Rental equipment, at cost (period end) $ 1,443,314 244,261 333,171 $ 2,020,746
Rental equipment, net book value (period end) $ 1,071,846 220,048 101,788 $ 1,393,682
Utilization (period end) 2 73.1 61.8 64.8
Average utilization 2 74.2 60.6 63.0

(dollar amounts in thousands) Mobile Consolidated
Modular
Six Months Ended June 30,
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2024
Revenues
Rental revenues $ 154,535 36,230 50,743 - $ 241,508
Rental related services revenues 53,053 9,363 1,522 - 63,938
Sales 61,256 2,478 12,657 13,092 89,483
Other 3,287 711 1,511 - 5,509
Total revenues 272,131 48,782 66,433 13,092 400,438
Costs of Revenues
Depreciation of rental equipment 19,870 1,965 22,696 - 44,531
Rental related services 35,608 8,932 1,236 - 45,776
Other 43,938 2,995 9,997 - 56,930
Costs of sales 39,584 1,484 5,658 9,792 56,518
Total costs of revenues 139,000 15,377 39,587 9,792 203,755
Gross profit 133,131 33,405 26,846 3,300 196,683
Significant Segment Expenses 3
Wages and benefits 28,201 7,035 5,210 2,283 42,729
Depreciation and amortization