Mcgrath Rentcorp vs VSE
VSE is the larger business, with $1.11bn of revenue in fiscal 2025 against $944m for Mcgrath Rentcorp (1.2 times as much). VSE grew faster (41.5% against 3.7%). Mcgrath Rentcorp kept more of each dollar of sales as profit: a net margin of 16.6% against 1.1%.
| Latest fiscal year | Mcgrath RentcorpMGRC, 2025 | VSEVSEC, 2025 |
|---|---|---|
| Revenue | $944m | $1.11bn |
| Revenue growth | 3.7% | 41.5% |
| Net income | $156m | $11.7m |
| Operating margin | — | — |
| Net margin | 16.6% | 1.1% |
| Return on equity | 13.2% | 1.0% |
| Free cash flow | $211m | $5.7m |
| Cash | $295,000 | $69.4m |
| Total debt | $0 | $296m |
| Debt to equity | — | — |
| Dividend per share | $1.94 | $0.40 |
| Dividend yield | 1.5% | 0.2% |
| Share buybacks | — | — |
| Employees | 1,306 | 1,600 |
| Market value | $3.22bn | $4.58bn |
| Price vs our value range | Below our value range | — |
| Moat score | 75 (Strong) | 25 (Weak) |
| Insider trades, 12 months | 0 buys, 19 sales | 0 buys, 13 sales |