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Side-by-side financial comparison of MCGRATH RENTCORP (MGRC) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.

MCGRATH RENTCORP is the larger business by last-quarter revenue ($198.5M vs $121.1M, roughly 1.6× Porch Group, Inc.). MCGRATH RENTCORP runs the higher net margin — 13.6% vs -3.9%, a 17.5% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs -12.6%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs -3.4%).

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.

Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.

MGRC vs PRCH — Head-to-Head

Bigger by revenue
MGRC
MGRC
1.6× larger
MGRC
$198.5M
$121.1M
PRCH
Growing faster (revenue YoY)
PRCH
PRCH
+112.6% gap
PRCH
100.0%
-12.6%
MGRC
Higher net margin
MGRC
MGRC
17.5% more per $
MGRC
13.6%
-3.9%
PRCH
Faster 2-yr revenue CAGR
PRCH
PRCH
Annualised
PRCH
26.4%
-3.4%
MGRC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MGRC
MGRC
PRCH
PRCH
Revenue
$198.5M
$121.1M
Net Profit
$27.0M
$-4.7M
Gross Margin
48.8%
52.7%
Operating Margin
21.9%
34.7%
Net Margin
13.6%
-3.9%
Revenue YoY
-12.6%
100.0%
Net Profit YoY
-4.2%
2.0%
EPS (diluted)
$1.10
$-0.04

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
MGRC
MGRC
PRCH
PRCH
Q1 26
$198.5M
$121.1M
Q4 25
$256.8M
$112.3M
Q3 25
$256.4M
$115.1M
Q2 25
$235.6M
$107.0M
Q1 25
$195.4M
$84.5M
Q4 24
$243.7M
$75.3M
Q3 24
$266.8M
$77.7M
Q2 24
$212.6M
$75.9M
Net Profit
MGRC
MGRC
PRCH
PRCH
Q1 26
$27.0M
$-4.7M
Q4 25
$49.8M
$-3.5M
Q3 25
$42.3M
$-10.9M
Q2 25
$36.0M
$2.6M
Q1 25
$28.2M
$8.4M
Q4 24
$38.9M
$30.5M
Q3 24
$149.3M
$14.4M
Q2 24
$20.6M
$-64.3M
Gross Margin
MGRC
MGRC
PRCH
PRCH
Q1 26
48.8%
52.7%
Q4 25
50.1%
99.5%
Q3 25
46.5%
75.6%
Q2 25
47.0%
70.9%
Q1 25
49.3%
77.4%
Q4 24
47.1%
Q3 24
46.5%
79.4%
Q2 24
48.6%
22.1%
Operating Margin
MGRC
MGRC
PRCH
PRCH
Q1 26
21.9%
34.7%
Q4 25
28.9%
14.7%
Q3 25
26.0%
14.2%
Q2 25
24.3%
4.7%
Q1 25
23.3%
-1.5%
Q4 24
25.9%
33.3%
Q3 24
28.0%
-3.2%
Q2 24
25.6%
-69.2%
Net Margin
MGRC
MGRC
PRCH
PRCH
Q1 26
13.6%
-3.9%
Q4 25
19.4%
-3.1%
Q3 25
16.5%
-9.4%
Q2 25
15.3%
2.4%
Q1 25
14.4%
9.9%
Q4 24
16.0%
40.5%
Q3 24
56.0%
18.5%
Q2 24
9.7%
-84.8%
EPS (diluted)
MGRC
MGRC
PRCH
PRCH
Q1 26
$1.10
$-0.04
Q4 25
$2.02
$0.00
Q3 25
$1.72
$-0.10
Q2 25
$1.46
$0.00
Q1 25
$1.15
$0.07
Q4 24
$1.58
$0.34
Q3 24
$6.08
$0.12
Q2 24
$0.84
$-0.65

Balance Sheet & Financial Strength

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

Metric
MGRC
MGRC
PRCH
PRCH
Cash + ST InvestmentsLiquidity on hand
$68.4M
Total DebtLower is stronger
$391.3M
Stockholders' EquityBook value
$26.3M
Total Assets
$2.4B
$806.6M
Debt / EquityLower = less leverage
14.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGRC
MGRC
PRCH
PRCH
Q1 26
$68.4M
Q4 25
$295.0K
$57.3M
Q3 25
$7.3M
$85.0M
Q2 25
$1.5M
$79.8M
Q1 25
$3.4M
$70.4M
Q4 24
$807.0K
$191.7M
Q3 24
$4.1M
$238.6M
Q2 24
$9.4M
$308.4M
Total Debt
MGRC
MGRC
PRCH
PRCH
Q1 26
$391.3M
Q4 25
$392.8M
Q3 25
$387.1M
Q2 25
$394.1M
Q1 25
$409.2M
Q4 24
$403.9M
Q3 24
$399.0M
Q2 24
$436.8M
Stockholders' Equity
MGRC
MGRC
PRCH
PRCH
Q1 26
$26.3M
Q4 25
$1.2B
$-24.6M
Q3 25
$1.2B
$-27.9M
Q2 25
$1.2B
$-29.3M
Q1 25
$1.1B
$-52.4M
Q4 24
$1.1B
$-43.2M
Q3 24
$1.1B
$-77.0M
Q2 24
$954.2M
$-101.9M
Total Assets
MGRC
MGRC
PRCH
PRCH
Q1 26
$2.4B
$806.6M
Q4 25
$2.4B
$797.4M
Q3 25
$2.4B
$787.7M
Q2 25
$2.3B
$770.7M
Q1 25
$2.2B
$802.3M
Q4 24
$2.3B
$814.0M
Q3 24
$2.3B
$867.3M
Q2 24
$2.3B
$876.1M
Debt / Equity
MGRC
MGRC
PRCH
PRCH
Q1 26
14.87×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MGRC
MGRC
PRCH
PRCH
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
MGRC
MGRC
PRCH
PRCH
Q1 26
$42.4M
Q4 25
$80.9M
$1.2M
Q3 25
$65.1M
$40.8M
Q2 25
$55.8M
$35.6M
Q1 25
$53.9M
$-11.2M
Q4 24
$36.8M
$-26.6M
Q3 24
$199.0M
$12.4M
Q2 24
$79.2M
$-26.0M
Free Cash Flow
MGRC
MGRC
PRCH
PRCH
Q1 26
Q4 25
$69.8M
$1.1M
Q3 25
$53.5M
$40.7M
Q2 25
$38.2M
$35.4M
Q1 25
$49.9M
$-11.2M
Q4 24
$32.6M
$-26.8M
Q3 24
$193.0M
$12.2M
Q2 24
$74.4M
$-26.0M
FCF Margin
MGRC
MGRC
PRCH
PRCH
Q1 26
Q4 25
27.2%
1.0%
Q3 25
20.8%
35.4%
Q2 25
16.2%
33.0%
Q1 25
25.5%
-13.3%
Q4 24
13.4%
-35.6%
Q3 24
72.4%
15.7%
Q2 24
35.0%
-34.3%
Capex Intensity
MGRC
MGRC
PRCH
PRCH
Q1 26
Q4 25
4.3%
0.1%
Q3 25
4.5%
0.1%
Q2 25
7.5%
0.2%
Q1 25
2.0%
0.1%
Q4 24
1.7%
0.3%
Q3 24
2.2%
0.3%
Q2 24
2.3%
0.1%
Cash Conversion
MGRC
MGRC
PRCH
PRCH
Q1 26
1.57×
Q4 25
1.62×
Q3 25
1.54×
Q2 25
1.55×
13.79×
Q1 25
1.91×
-1.33×
Q4 24
0.94×
-0.87×
Q3 24
1.33×
0.86×
Q2 24
3.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGRC
MGRC

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

PRCH
PRCH

Segment breakdown not available.

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