Mcgrath Rentcorp (MGRC) Asset Utilization Ratio (2011 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Asset Utilization Ratio came in at 0.38 in Q2 2026, down 7.25% YoY from 0.41 in Q2 2025, and down 4.47% on a QoQ basis from 0.4 in Q1 2026.
Mcgrath Rentcorp (MGRC) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 16 years of Asset Utilization Ratio data on file, last reported at 0.38 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 7.25% year-over-year to 0.38 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.38 (down 7.25% YoY) and the FY2025 annual result came in at 0.41, up 0.53% from the prior year.
- Asset Utilization Ratio retreated to 0.38 in Q2 2026, from 0.4 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.41 in Q2 2025 to a low of 0.33 in Q2 2023.
- A 5-year average of 0.38 and a median of 0.38 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio decreased 21.13% — and 2024, when it grew 15.86%.
- Tracing MGRC's Asset Utilization Ratio over 5 years: stood at 0.38 in 2022, then advanced by 1.76% to 0.38 in 2023, then advanced by 4.49% to 0.4 in 2024, then climbed by 0.47% to 0.4 in 2025, then fell by 4.71% to 0.38 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.38 (Q2 2026), 0.4 (Q1 2026), and 0.4 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.75 Bn | 33.72 Bn | 978.00 Mn | 0.47 |
| 2 | AerCap Holdings | 23.43 Bn | 23.43 Bn | 2.02 Bn | 0.13 |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - | - |
| 4 | Ryder System | 10.06 Bn | 10.06 Bn | 1.45 Bn | 0.79 |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn | 0.12 |
| 6 | Herc Holdings | 5.75 Bn | 5.71 Bn | 713.00 Mn | 0.36 |
| 7 | Avis Budget | 5.03 Bn | 4.47 Bn | - | 0.37 |
| 8 | WillScot Holdings | 4.20 Bn | 4.18 Bn | 306.26 Mn | 0.39 |
| 9 | Mcgrath Rentcorp | 2.95 Bn | 2.95 Bn | 107.91 Mn | 0.38 |
| 10 | Custom Truck One Source | 2.42 Bn | 2.41 Bn | 123.97 Mn | 0.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.38 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.37 |