Flagship explainer

How McGRATH RENTCORP makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$944M · 100%Cost of revenue$172M · 18%Gross profit$455M · 48%Operating income$244M · 26%Income before tax$213M · 23%Income tax$56.8M · 6%Net income$156M · 17%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$944M100%
Cost of revenue$172M18%
$455M48%
$244M26%
Income before tax$213M23%
Income tax$56.8M6%
$156M17%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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