McGrath RentCorp employees and revenue per employee

MGRC · Rental & Leasing Services · $2.78B market cap

McGrath RentCorp had 1,306 employees at the end of fiscal Dec 2025, up 7.1% from a year earlier. Revenue for the year was $944M, up 3.7% from a year earlier, or $723K per employee. Headcount grew faster than revenue.

Employees

1,306

+7.1% YoY

Revenue

$944M

+3.7% YoY

Revenue / employee

$723K

Peer median $485K

Rank in industry

5 of 13

Rental & Leasing Services

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
89161233'16'17'18'19'20'21'22'23'24'25Revenue 223Staff 122

Hover a year for the numbers.

MGRC employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 20251,306$944M$723K+7.1%+3.7%
Dec 20241,219$911M$747K+1.2%+9.5%
Dec 20231,204$832M$691K-1.1%+30.9%
Dec 20221,218$636M$522K+2.9%+3.1%
Dec 20211,184$617M$521K+11.6%+7.7%
Dec 20201,061$573M$540K-3.5%+0.4%
Dec 20191,099$570M$519K+3.1%+14.4%
Dec 20181,066$498M$467K-0.7%+7.9%
Dec 20171,073$462M$431K+0.2%+8.9%
Dec 20161,071$424M$396K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
1,061'201,184'211,218'221,204'231,219'241,306'25
Revenue per employee, last six fiscal years
$540K'20$521K'21$522K'22$691K'23$747K'24$723K'25

McGrath RentCorp against similar companies

The closest industry peers by revenue, from Rental & Leasing Services.

CompanyEmployeesRevenueRevenue / employeeShape
WLFC
Willis Lease Finance Corporation
475$676M$1.42MEfficient growth
CTOS
Custom Truck One Source, Inc.
2,500$1.94B$778KLeaner
GATX
GATX Corporation
2,371$1.74B$734KHiring ahead
MGRC
McGrath RentCorp
1,306$944M$723KHiring ahead
EQPT
EquipmentShare.com Inc.
8,206$4.38B$534K—
WSC
WillScot Holdings Corporation
4,700$2.28B$485KHiring into decline
HRI
Herc Holdings Inc.
9,600$4.38B$456KHiring ahead
UHAL
U-Haul Holding Company
32,600$6.04B$185KLeaner
VSTS
Vestis Corporation
18,150$2.73B$151KContracting
Every Industrials company

Questions about McGrath RentCorp

How many employees does McGrath RentCorp have?
McGrath RentCorp reported 1,306 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 25, 2026. That is up 7.1% from a year earlier.
What is McGrath RentCorp's revenue per employee?
McGrath RentCorp brought in $944M of revenue in fiscal Dec 2025, which is $723K per employee. That ranks 5 of 13 companies we track in Rental & Leasing Services, where the median is $485K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare MGRC with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in McGrath RentCorp's annual reports (Form 10-K), latest filed February 25, 2026. This is data, not a recommendation to buy or sell MGRC.