Mcgrath Rentcorp (MGRC) Change in Accured Expenses (2010 - 2026)
Mcgrath Rentcorp (MGRC) reported Change in Accured Expenses of -$4.6 million for Q1 2026, up 51.26% on a YoY basis from -$3.1 million in Q1 2025, and down 273.37% quarter-over-quarter from $2.7 million in Q4 2025.
Mcgrath Rentcorp (MGRC) Change in Accured Expenses (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp has reported Change in Accured Expenses for 17 years, with the latest figure at -$4.6 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Accured Expenses rose 51.26% year-over-year to -$4.6 million; the trailing twelve-month figure through Mar 2026 stood at $5.7 million (down 32.83% YoY), and the FY2025 full-year result was $816000.0, down 83.43% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at -$4.6 million, down from $2.7 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $14.5 million in Q3 2022, with the low at -$13.0 million in Q1 2024.
- Historically, Change in Accured Expenses has averaged $1.3 million across 5 years, with a median of $439000.0 in 2024.
- Annual changes were most pronounced in 2022 — Change in Accured Expenses jumped 6855.61% — and 2025, when it sank 1069.7%.
- Mcgrath Rentcorp's Change in Accured Expenses stood at -$7.0 million in 2022, then soared by 198.54% to $6.9 million in 2023, then sank by 37.68% to $4.3 million in 2024, then plunged by 38.18% to $2.7 million in 2025, then tumbled by 273.37% to -$4.6 million in 2026.
- The last three Change in Accured Expenses figures came in at -$4.6 million (Q1 2026), $2.7 million (Q4 2025), and -$4.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | -83.05 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | -122.00 Mn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | -5.00 Mn |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | - |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 54.27 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 36.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | -4.63 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 8.15 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 6.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.63 Mn |
| Mar 31, 2026 | -4.63 Mn |
| Dec 31, 2025 | 2.67 Mn |
| Dec 31, 2025 | 2.67 Mn |
| Sep 30, 2025 | -4.26 Mn |
| Sep 30, 2025 | -4.26 Mn |
| Jun 30, 2025 | 11.90 Mn |
| Jun 30, 2025 | 11.90 Mn |
| Mar 31, 2025 | -9.50 Mn |
| Mar 31, 2025 | -9.50 Mn |
| Dec 31, 2024 | 4.32 Mn |
| Dec 31, 2024 | 4.32 Mn |
| Sep 30, 2024 | 439,000.00 |
| Sep 30, 2024 | 439,000.00 |
| Jun 30, 2024 | 13.20 Mn |
| Jun 30, 2024 | 13.20 Mn |
| Mar 31, 2024 | -13.04 Mn |
| Mar 31, 2024 | -13.04 Mn |
| Dec 31, 2023 | 6.93 Mn |
| Dec 31, 2023 | 6.93 Mn |