Mcgrath Rentcorp (MGRC) Change in Account Payables (2023 - 2026)
Mcgrath Rentcorp posted quarterly Change in Account Payables of -$9.8 million for Q1 2026, up 34.98% year-on-year from -$7.3 million in Q1 2025, and down 227.4% on a QoQ basis from $7.7 million in Q4 2025.
Mcgrath Rentcorp (MGRC) has 4 years of Change in Account Payables data on file, last reported 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.
- Across five years, Change in Account Payables topped out at $31.6 million in Q1 2023 and bottomed at -$72.3 million in Q4 2023.
- The 4-year median for Change in Account Payables is $3.3 million (2023), against an average of -$3.7 million.
- The widest annual swing landed in 2024, when Change in Account Payables surged 213.44%; it then plunged 265.22% in 2025.
- A 4-year view of Change in Account Payables shows it stood at -$72.3 million in 2023, then soared by 74.09% to -$18.7 million in 2024, then surged by 141.18% to $7.7 million in 2025, then tumbled 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 in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | - |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 57.00 Mn |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 64.67 Mn |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | - |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | - |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | -44.00 Mn |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | -9.82 Mn |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 34.29 Mn |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | 2.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 3.30 Mn |
| Sep 30, 2023 | 3.30 Mn |
| Jun 30, 2023 | -12.35 Mn |
| Jun 30, 2023 | -12.35 Mn |
| Mar 31, 2023 | 31.56 Mn |
| Mar 31, 2023 | 31.56 Mn |