Mcgrath Rentcorp (MGRC) Change in Account Payables (2023 - 2026)

Mcgrath Rentcorp (MGRC) reported Change in Account Payables of -$9.8 million for Q1 2026, up 34.98% on a YoY basis from -$7.3 million in Q1 2025, and down 227.4% quarter-over-quarter from $7.7 million in Q4 2025.

Mcgrath Rentcorp (MGRC) Change in Account Payables (2023 - 2026) Analysis & Trends

Mcgrath Rentcorp has reported Change in Account Payables for 4 years, with the latest figure at -$9.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Account Payables rose 34.98% year-over-year to -$9.8 million; the trailing twelve-month figure through Mar 2026 stood at $5.0 million (up 139.9% YoY), and the FY2025 full-year result was -$330000.0, down 102.79% from the prior year.
  • Change in Account Payables for Q1 2026 stood at -$9.8 million, down from $7.7 million in the prior quarter.
  • The five-year high for Change in Account Payables was $31.6 million in Q1 2023, with the low at -$72.3 million in Q4 2023.
  • Historically, Change in Account Payables has averaged -$3.7 million across 4 years, with a median of $3.3 million in 2023.
  • Annual changes were most pronounced in 2024 — Change in Account Payables surged 213.44% — and 2025, when it slumped 265.22%.
  • Mcgrath Rentcorp's Change in Account Payables stood at -$72.3 million in 2023, then surged by 74.09% to -$18.7 million in 2024, then jumped by 141.18% to $7.7 million in 2025, then plunged by 227.4% to -$9.8 million in 2026.
  • The last three Change in Account Payables figures came in at -$9.8 million (Q1 2026), $7.7 million (Q4 2025), and $361000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Payables (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 64.67 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn 57.00 Mn
3 Avis Budget 6.65 Bn 6.24 Bn - -
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn -
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn -
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn -44.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn -9.82 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn 34.29 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 2.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.82 Mn
Mar 31, 2026 -9.82 Mn
Dec 31, 2025 7.71 Mn
Dec 31, 2025 7.71 Mn
Sep 30, 2025 361,000.00
Sep 30, 2025 361,000.00
Jun 30, 2025 6.71 Mn
Jun 30, 2025 6.71 Mn
Mar 31, 2025 -15.11 Mn
Mar 31, 2025 -15.11 Mn
Dec 31, 2024 -18.73 Mn
Dec 31, 2024 -18.73 Mn
Sep 30, 2024 7.41 Mn
Sep 30, 2024 7.41 Mn
Jun 30, 2024 14.01 Mn
Jun 30, 2024 14.01 Mn
Mar 31, 2024 9.15 Mn
Mar 31, 2024 9.15 Mn
Dec 31, 2023 -72.27 Mn
Dec 31, 2023 -72.27 Mn