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

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $198.5M, roughly 1.1× MCGRATH RENTCORP). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 13.6%, a 5.2% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -12.6%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

MGRC vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.1× larger
RAMP
$212.2M
$198.5M
MGRC
Growing faster (revenue YoY)
RAMP
RAMP
+21.2% gap
RAMP
8.6%
-12.6%
MGRC
Higher net margin
RAMP
RAMP
5.2% more per $
RAMP
18.8%
13.6%
MGRC
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
-3.4%
MGRC

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
MGRC
MGRC
RAMP
RAMP
Revenue
$198.5M
$212.2M
Net Profit
$27.0M
$39.9M
Gross Margin
48.8%
71.9%
Operating Margin
21.9%
18.6%
Net Margin
13.6%
18.8%
Revenue YoY
-12.6%
8.6%
Net Profit YoY
-4.2%
255.7%
EPS (diluted)
$1.10
$0.62

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
RAMP
RAMP
Q1 26
$198.5M
Q4 25
$256.8M
$212.2M
Q3 25
$256.4M
$199.8M
Q2 25
$235.6M
$194.8M
Q1 25
$195.4M
$188.7M
Q4 24
$243.7M
$195.4M
Q3 24
$266.8M
$185.5M
Q2 24
$212.6M
$176.0M
Net Profit
MGRC
MGRC
RAMP
RAMP
Q1 26
$27.0M
Q4 25
$49.8M
$39.9M
Q3 25
$42.3M
$27.4M
Q2 25
$36.0M
$7.7M
Q1 25
$28.2M
$-6.3M
Q4 24
$38.9M
$11.2M
Q3 24
$149.3M
$1.7M
Q2 24
$20.6M
$-7.5M
Gross Margin
MGRC
MGRC
RAMP
RAMP
Q1 26
48.8%
Q4 25
50.1%
71.9%
Q3 25
46.5%
70.2%
Q2 25
47.0%
70.1%
Q1 25
49.3%
69.3%
Q4 24
47.1%
71.9%
Q3 24
46.5%
72.4%
Q2 24
48.6%
70.6%
Operating Margin
MGRC
MGRC
RAMP
RAMP
Q1 26
21.9%
Q4 25
28.9%
18.6%
Q3 25
26.0%
10.7%
Q2 25
24.3%
3.7%
Q1 25
23.3%
-6.1%
Q4 24
25.9%
7.5%
Q3 24
28.0%
4.0%
Q2 24
25.6%
-3.0%
Net Margin
MGRC
MGRC
RAMP
RAMP
Q1 26
13.6%
Q4 25
19.4%
18.8%
Q3 25
16.5%
13.7%
Q2 25
15.3%
4.0%
Q1 25
14.4%
-3.3%
Q4 24
16.0%
5.7%
Q3 24
56.0%
0.9%
Q2 24
9.7%
-4.3%
EPS (diluted)
MGRC
MGRC
RAMP
RAMP
Q1 26
$1.10
Q4 25
$2.02
$0.62
Q3 25
$1.72
$0.42
Q2 25
$1.46
$0.12
Q1 25
$1.15
$-0.10
Q4 24
$1.58
$0.17
Q3 24
$6.08
$0.03
Q2 24
$0.84
$-0.11

Balance Sheet & Financial Strength

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

Metric
MGRC
MGRC
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$962.3M
Total Assets
$2.4B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGRC
MGRC
RAMP
RAMP
Q1 26
Q4 25
$295.0K
$403.4M
Q3 25
$7.3M
$376.9M
Q2 25
$1.5M
$371.1M
Q1 25
$3.4M
$420.8M
Q4 24
$807.0K
$384.3M
Q3 24
$4.1M
$348.4M
Q2 24
$9.4M
$342.7M
Stockholders' Equity
MGRC
MGRC
RAMP
RAMP
Q1 26
Q4 25
$1.2B
$962.3M
Q3 25
$1.2B
$943.8M
Q2 25
$1.2B
$947.8M
Q1 25
$1.1B
$948.9M
Q4 24
$1.1B
$957.7M
Q3 24
$1.1B
$932.1M
Q2 24
$954.2M
$951.9M
Total Assets
MGRC
MGRC
RAMP
RAMP
Q1 26
$2.4B
Q4 25
$2.4B
$1.3B
Q3 25
$2.4B
$1.2B
Q2 25
$2.3B
$1.2B
Q1 25
$2.2B
$1.3B
Q4 24
$2.3B
$1.3B
Q3 24
$2.3B
$1.2B
Q2 24
$2.3B
$1.2B

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
RAMP
RAMP
Operating Cash FlowLast quarter
$42.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.1%
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
RAMP
RAMP
Q1 26
$42.4M
Q4 25
$80.9M
Q3 25
$65.1M
$57.4M
Q2 25
$55.8M
$-15.8M
Q1 25
$53.9M
Q4 24
$36.8M
$45.1M
Q3 24
$199.0M
$55.6M
Q2 24
$79.2M
$-9.3M
Free Cash Flow
MGRC
MGRC
RAMP
RAMP
Q1 26
Q4 25
$69.8M
Q3 25
$53.5M
$56.8M
Q2 25
$38.2M
$-16.2M
Q1 25
$49.9M
Q4 24
$32.6M
$44.8M
Q3 24
$193.0M
$55.4M
Q2 24
$74.4M
$-9.6M
FCF Margin
MGRC
MGRC
RAMP
RAMP
Q1 26
Q4 25
27.2%
Q3 25
20.8%
28.4%
Q2 25
16.2%
-8.3%
Q1 25
25.5%
Q4 24
13.4%
22.9%
Q3 24
72.4%
29.8%
Q2 24
35.0%
-5.4%
Capex Intensity
MGRC
MGRC
RAMP
RAMP
Q1 26
Q4 25
4.3%
0.1%
Q3 25
4.5%
0.3%
Q2 25
7.5%
0.2%
Q1 25
2.0%
0.2%
Q4 24
1.7%
0.1%
Q3 24
2.2%
0.1%
Q2 24
2.3%
0.1%
Cash Conversion
MGRC
MGRC
RAMP
RAMP
Q1 26
1.57×
Q4 25
1.62×
Q3 25
1.54×
2.09×
Q2 25
1.55×
-2.04×
Q1 25
1.91×
Q4 24
0.94×
4.02×
Q3 24
1.33×
32.10×
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%

RAMP
RAMP

Segment breakdown not available.

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