For the year ending 2025-12-31, MGRC had -$512K decrease in cash & cash equivalents over the period. $211,303K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 156,308 |
| Depreciation and amortization | 107,069 |
| Deferred income taxes (benefits) | -33,451 |
| Provision for credit losses | 1,726 |
| Share-based compensation | 11,225 |
| Gain on sale of used rental equipment | 44,191 |
| Foreign currency exchange (gain) loss | 80 |
| Amortization of debt issuance costs | 206 |
| Accounts receivable | 14,249 |
| Inventories | -6,277 |
| Prepaid expenses and other assets | 2,873 |
| Accounts payable | -330 |
| Accrued liabilities | 816 |
| Deferred income | 328 |
| Net cash provided by operating activities | 255,683 |
| Purchases of rental equipment | 142,576 |
| Purchases of property, plant and equipment | 44,380 |
| Cash paid for acquisition of businesses | 23,785 |
| Proceeds from sales of used rental equipment | 83,629 |
| Net cash used in investing activities | -127,112 |
| Net (payments) borrowings under bank lines of credit | -77,490 |
| Principal payment of term note agreement | 73,000 |
| Borrowings under series g senior notes | 75,000 |
| Taxes paid related to net share settlement of stock awards | 5,693 |
| Payment of dividends | 47,900 |
| Net cash (used in) provided by financing activities | -129,083 |
| Effect of foreign currency exchange rate changes on cash | 0 |
| Net decrease in cash | -512 |
| Cash balance, beginning of period | 807 |
| Cash balance, end of period | 295 |
MCGRATH RENTCORP (MGRC)
MCGRATH RENTCORP (MGRC)