McGrath RentCorp (MGRC) Investor presentation summary

Leadership and corporate overview

• Led by President & CEO Joe Hanna and CFO Keith Pratt, focusing on B2B rentals in modulars, storage, and electronics.

• 99% of revenues are generated in North America, serving about 22,000 customers.

• Emphasizes corporate responsibility, ESG, and a strong service culture with 1,200 employees.

Business segments and market positioning

• Mobile Modular is a leading provider in North America, servicing 35 states with $191M in Q3-24 revenues and a fleet of ~43,000 units.

• Portable Storage operates in 28 states, with $23M in Q3-24 revenues and ~42,000 units.

• TRS-RenTelco specializes in test equipment rentals, generating $35M in Q3-24 revenues with a fleet of ~23,000 units.

Customer and revenue mix

• Rental operations revenue is split 35% education and 65% commercial, with significant exposure to public and private K-12, commercial construction, and industrial sectors.