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McGrath Rentp(MGRC) - 2025 Q2 - Earnings Call Presentation
2025-07-24 21:00
Company Overview - McGrath RentCorp's total revenue reached $911 million in 2024[10] - The company's adjusted EBITDA for 2024 was $352 million[10] - McGrath RentCorp has a shareholder return CAGR of 16% based on 1984 IPO through 12/31/24[10, 11] - The company has increased dividends for 34 consecutive years[10, 25, 118] - 99% of total revenues are from North America[10] Business Segment Performance (2024) - Mobile Modular contributed 75% of total revenues and 67% of adjusted EBITDA[13] - Portable Storage accounted for 10% of total revenues and 12% of adjusted EBITDA[13] - TRS-RenTelco represented 15% of total revenues and 21% of adjusted EBITDA[13] Q2 2025 Highlights - Total revenues for Q2 2025 were $2356 million, an increase of 11% year-over-year[33, 34] - Adjusted EBITDA for Q2 2025 was $865 million, a 3% increase year-over-year[33, 34] - Mobile Modular's total revenues increased by 8%[32] - Portable Storage rental revenues increased 5% sequentially, but decreased 5% year-over-year[32, 38] - TRS-RenTelco rental revenues increased 7%[32, 40]
WillScot to Announce Second Quarter 2025 Results on July 31, 2025
Globenewswire· 2025-07-15 12:00
Core Points - WillScot Holdings Corporation will release its second quarter 2025 financial results on July 31, 2025, after market close [1] - A conference call and webcast will be hosted by the management team on the same day at 5:30 p.m. EDT to discuss the results [1] Company Overview - WillScot is a leading provider of innovative temporary flexible space solutions in North America, listed on the Nasdaq under the ticker symbol "WSC" [3] - The company offers a comprehensive range of products including modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, protective buildings, climate-controlled units, and clearspan structures [3] - WillScot operates from approximately 260 branch locations and additional drop lots across the United States, Canada, and Mexico, serving diverse customer segments across all sectors of the economy [3]
WillScot Announces Investor Conference Schedule for June 2025
Globenewswire· 2025-05-14 20:05
Core Insights - WillScot Holdings Corporation is a leader in innovative temporary space solutions and will participate in several investor conferences in June 2025 [1][4]. Company Overview - WillScot is listed on the Nasdaq under the ticker symbol "WSC" and is the premier provider of turnkey space solutions in North America [2]. - The company offers a comprehensive range of products including modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, protective buildings, climate-controlled units, and clearspan structures [2]. - WillScot operates approximately 260 branch locations and additional drop lots across the United States, Canada, and Mexico, serving diverse customer segments across all sectors of the economy [2]. Upcoming Investor Conferences - Stifel Cross Sector Insights Conference on June 3, 2025, in Boston, Massachusetts [4]. - Baird Global Consumer, Tech & Services Conference on June 4, 2025, in New York, New York [4]. - Wells Fargo Industrials & Materials Conference on June 10, 2025, in Chicago, Illinois [4].
WillScot Announces Partnership with Penske Entertainment Corp. to Sponsor NTT INDYCAR SERIES, Indianapolis Motor Speedway
Globenewswire· 2025-05-07 19:17
Core Insights - WillScot Holdings Corporation has partnered with Penske Entertainment Corp. to provide temporary space solutions for the NTT INDYCAR SERIES and Indianapolis Motor Speedway for the 2025, 2026, and 2027 seasons [1][2] Company Overview - WillScot is a leading provider of innovative and turnkey space solutions in North America, offering a comprehensive range of products including modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, and climate-controlled units [4] - The company operates from approximately 260 branch locations across the United States, Canada, and Mexico, serving diverse customer segments across various sectors of the economy [4] Partnership Details - The partnership with Penske Entertainment Corp. positions WillScot as the preferred supplier for large-scale events, emphasizing the company's commitment to delivering efficient and safe space solutions that enhance the fan experience [2][3] - Penske Entertainment Corp. owns the Indianapolis Motor Speedway and the NTT INDYCAR SERIES, which is recognized as the premier open-wheel racing series in North America [2][3]
WillScot Declares Quarterly Cash Dividend
Globenewswire· 2025-05-01 12:00
Core Viewpoint - WillScot Holdings Corporation has declared a quarterly dividend of $0.07 per common share, which will be paid on June 18, 2025, to shareholders of record as of June 4, 2025 [1] Company Overview - WillScot is a leading provider of innovative temporary space solutions in North America, listed on the Nasdaq under the ticker symbol "WSC" [2] - The company offers a comprehensive range of products including modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, protective buildings, climate-controlled units, and clearspan structures, along with furnishings and supplementary services [2] - Headquartered in Phoenix, Arizona, WillScot operates approximately 260 branch locations and additional drop lots across the United States, Canada, and Mexico, serving diverse customer segments across all sectors of the economy [2]