<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MCGRATH RENTCORP'S QUARTERLY REPORT (10Q) FOR QUARTER ENDING SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 547 <SECURITIES> 0 <RECEIVABLES> 27,371 <ALLOWANCES> (650) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 326,300<F1> <DEPRECIATION> (83,777)<F2> <TOTAL-ASSETS> 274,932 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,648 <OTHER-SE> 93,401 <TOTAL-LIABILITY-AND-EQUITY> 274,932 <SALES> 105,303 <TOTAL-REVENUES> 105,303 <CGS> 57,195 <TOTAL-COSTS> 57,195 <OTHER-EXPENSES> 12,104 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,720 <INCOME-PRETAX> 31,284 <INCOME-TAX> 12,326 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 18,030<F3> <EPS-PRIMARY> 1.27 <EPS-DILUTED> 1.25 <FN> <F1>INCLUDES RENTAL EQUIPMENT, LAND, LAND IMPROVEMENTS, FURNITURE AND EQUIPMENT <F2>ACCUMULATED DEPRECIATION OF F1 ABOVE <F3>MINORITY INTEREST INCLUDED </FN>