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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and MCGRATH RENTCORP (MGRC). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $198.5M, roughly 1.7× MCGRATH RENTCORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 13.6%, a 14.6% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs -12.6%). Over the past eight quarters, FULTON FINANCIAL CORP's revenue compounded faster (0.2% CAGR vs -3.4%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

McGrath RentCorp is a leading North American B2B rental provider. It offers relocatable modular office and classroom buildings, portable storage units, and electronic test and measurement equipment, serving construction, education, industrial and technology sector clients across the U.S. and parts of Canada.

FULT vs MGRC — Head-to-Head

Bigger by revenue
FULT
FULT
1.7× larger
FULT
$336.2M
$198.5M
MGRC
Growing faster (revenue YoY)
FULT
FULT
+16.8% gap
FULT
4.2%
-12.6%
MGRC
Higher net margin
FULT
FULT
14.6% more per $
FULT
28.2%
13.6%
MGRC
Faster 2-yr revenue CAGR
FULT
FULT
Annualised
FULT
0.2%
-3.4%
MGRC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FULT
FULT
MGRC
MGRC
Revenue
$336.2M
$198.5M
Net Profit
$94.8M
$27.0M
Gross Margin
48.8%
Operating Margin
21.9%
Net Margin
28.2%
13.6%
Revenue YoY
4.2%
-12.6%
Net Profit YoY
1.9%
-4.2%
EPS (diluted)
$0.55
$1.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
MGRC
MGRC
Q1 26
$336.2M
$198.5M
Q4 25
$336.0M
$256.8M
Q3 25
$334.6M
$256.4M
Q2 25
$324.1M
$235.6M
Q1 25
$318.4M
$195.4M
Q4 24
$319.6M
$243.7M
Q3 24
$317.7M
$266.8M
Q2 24
$334.7M
$212.6M
Net Profit
FULT
FULT
MGRC
MGRC
Q1 26
$94.8M
$27.0M
Q4 25
$99.0M
$49.8M
Q3 25
$100.5M
$42.3M
Q2 25
$99.2M
$36.0M
Q1 25
$93.0M
$28.2M
Q4 24
$68.6M
$38.9M
Q3 24
$63.2M
$149.3M
Q2 24
$95.0M
$20.6M
Gross Margin
FULT
FULT
MGRC
MGRC
Q1 26
48.8%
Q4 25
50.1%
Q3 25
46.5%
Q2 25
47.0%
Q1 25
49.3%
Q4 24
47.1%
Q3 24
46.5%
Q2 24
48.6%
Operating Margin
FULT
FULT
MGRC
MGRC
Q1 26
21.9%
Q4 25
35.7%
28.9%
Q3 25
38.2%
26.0%
Q2 25
37.8%
24.3%
Q1 25
36.1%
23.3%
Q4 24
27.0%
25.9%
Q3 24
25.1%
28.0%
Q2 24
30.8%
25.6%
Net Margin
FULT
FULT
MGRC
MGRC
Q1 26
28.2%
13.6%
Q4 25
29.5%
19.4%
Q3 25
30.0%
16.5%
Q2 25
30.6%
15.3%
Q1 25
29.2%
14.4%
Q4 24
21.5%
16.0%
Q3 24
19.9%
56.0%
Q2 24
28.4%
9.7%
EPS (diluted)
FULT
FULT
MGRC
MGRC
Q1 26
$0.55
$1.10
Q4 25
$0.53
$2.02
Q3 25
$0.53
$1.72
Q2 25
$0.53
$1.46
Q1 25
$0.49
$1.15
Q4 24
$0.36
$1.58
Q3 24
$0.33
$6.08
Q2 24
$0.52
$0.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
MGRC
MGRC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
Total Assets
$32.2B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
MGRC
MGRC
Q1 26
Q4 25
$295.0K
Q3 25
$7.3M
Q2 25
$1.5M
Q1 25
$3.4M
Q4 24
$807.0K
Q3 24
$4.1M
Q2 24
$9.4M
Stockholders' Equity
FULT
FULT
MGRC
MGRC
Q1 26
$3.5B
Q4 25
$3.5B
$1.2B
Q3 25
$3.4B
$1.2B
Q2 25
$3.3B
$1.2B
Q1 25
$3.3B
$1.1B
Q4 24
$3.2B
$1.1B
Q3 24
$3.2B
$1.1B
Q2 24
$3.1B
$954.2M
Total Assets
FULT
FULT
MGRC
MGRC
Q1 26
$32.2B
$2.4B
Q4 25
$32.1B
$2.4B
Q3 25
$32.0B
$2.4B
Q2 25
$32.0B
$2.3B
Q1 25
$32.1B
$2.2B
Q4 24
$32.1B
$2.3B
Q3 24
$32.2B
$2.3B
Q2 24
$31.8B
$2.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
MGRC
MGRC
Operating Cash FlowLast quarter
$42.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
MGRC
MGRC
Q1 26
$42.4M
Q4 25
$304.5M
$80.9M
Q3 25
$116.1M
$65.1M
Q2 25
$91.7M
$55.8M
Q1 25
$703.0K
$53.9M
Q4 24
$416.6M
$36.8M
Q3 24
$-22.0M
$199.0M
Q2 24
$157.8M
$79.2M
Free Cash Flow
FULT
FULT
MGRC
MGRC
Q1 26
Q4 25
$69.8M
Q3 25
$53.5M
Q2 25
$38.2M
Q1 25
$49.9M
Q4 24
$32.6M
Q3 24
$193.0M
Q2 24
$74.4M
FCF Margin
FULT
FULT
MGRC
MGRC
Q1 26
Q4 25
27.2%
Q3 25
20.8%
Q2 25
16.2%
Q1 25
25.5%
Q4 24
13.4%
Q3 24
72.4%
Q2 24
35.0%
Capex Intensity
FULT
FULT
MGRC
MGRC
Q1 26
Q4 25
4.3%
Q3 25
4.5%
Q2 25
7.5%
Q1 25
2.0%
Q4 24
1.7%
Q3 24
2.2%
Q2 24
2.3%
Cash Conversion
FULT
FULT
MGRC
MGRC
Q1 26
1.57×
Q4 25
3.08×
1.62×
Q3 25
1.16×
1.54×
Q2 25
0.92×
1.55×
Q1 25
0.01×
1.91×
Q4 24
6.07×
0.94×
Q3 24
-0.35×
1.33×
Q2 24
1.66×
3.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

MGRC
MGRC

Rental$126.7M64%
Rental related services$35.6M18%
Sales$34.0M17%

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