Mcgrath Rentcorp (MGRC) Depreciation Expense (2014 - 2026)
Mcgrath Rentcorp posted quarterly Depreciation Expense of $22.7 million for Q1 2026, up 5.63% year-on-year from $21.5 million in Q1 2025, and up 2.61% on a QoQ basis from $22.1 million in Q4 2025.
Mcgrath Rentcorp (MGRC) has 13 years of Depreciation Expense data on file, last reported at $22.7 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation Expense rose 5.63% year-over-year to $22.7 million; the trailing twelve-month figure through Mar 2026 stood at $88.1 million (up 996.49% YoY), and the FY2025 full-year result was $86.9 million, up 876.82% from the prior year.
- Depreciation Expense for Q1 2026 stood at $22.7 million, up from $22.1 million in the prior quarter.
- Across five years, Depreciation Expense topped out at $22.7 million in Q1 2026 and bottomed at -$57.6 million in Q4 2024.
- The 5-year median for Depreciation Expense is $21.8 million (2023), against an average of $8.1 million.
- The widest annual swing landed in 2022, when Depreciation Expense slumped 807.12%; it then soared 138.43% in 2025.
- A 5-year view of Depreciation Expense shows it stood at -$51.1 million in 2022, then fell by 11.11% to -$56.8 million in 2023, then retreated by 1.43% to -$57.6 million in 2024, then jumped by 138.43% to $22.1 million in 2025, then increased by 2.61% to $22.7 million in 2026.
- The last three Depreciation Expense figures came in at $22.7 million (Q1 2026), $22.1 million (Q4 2025), and $21.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (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 | - |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 325.22 Mn |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 174.60 Mn |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | 664.00 Mn |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 68.76 Mn |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 242.00 Mn |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 22.72 Mn |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 56.20 Mn |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.72 Mn |
| Dec 31, 2025 | 22.14 Mn |
| Sep 30, 2025 | 21.87 Mn |
| Jun 30, 2025 | 21.43 Mn |
| Mar 31, 2025 | 21.51 Mn |
| Dec 31, 2024 | -57.61 Mn |
| Sep 30, 2024 | 21.98 Mn |
| Jun 30, 2024 | 22.17 Mn |
| Mar 31, 2024 | 22.37 Mn |
| Dec 31, 2023 | -56.80 Mn |
| Sep 30, 2023 | 22.07 Mn |
| Jun 30, 2023 | 22.60 Mn |
| Mar 31, 2023 | 21.83 Mn |
| Dec 31, 2022 | -51.12 Mn |
| Sep 30, 2022 | 20.17 Mn |
| Jun 30, 2022 | 20.08 Mn |
| Mar 31, 2022 | 19.86 Mn |
| Dec 31, 2021 | 7.23 Mn |
| Sep 30, 2021 | 23.80 Mn |
| Jun 30, 2021 | 23.16 Mn |
| Mar 31, 2021 | 21.26 Mn |
| Dec 31, 2020 | -56.04 Mn |
| Sep 30, 2020 | 21.42 Mn |
| Jun 30, 2020 | 21.58 Mn |
| Mar 31, 2020 | 21.64 Mn |
| Dec 31, 2019 | -51.02 Mn |
| Sep 30, 2019 | 20.54 Mn |
| Jun 30, 2019 | 19.73 Mn |
| Mar 31, 2019 | 18.96 Mn |
| Dec 31, 2018 | 18.85 Mn |
| Sep 30, 2018 | 18.41 Mn |
| Jun 30, 2018 | 18.10 Mn |
| Mar 31, 2018 | 17.78 Mn |
| Dec 31, 2017 | -44.51 Mn |
| Sep 30, 2017 | 17.49 Mn |
| Jun 30, 2017 | 17.24 Mn |
| Mar 31, 2017 | 17.38 Mn |
| Dec 31, 2016 | 17.61 Mn |
| Sep 30, 2016 | 17.82 Mn |
| Jun 30, 2016 | 18.23 Mn |
| Mar 31, 2016 | 18.54 Mn |
| Dec 31, 2015 | -48.31 Mn |
| Sep 30, 2015 | 18.81 Mn |
| Jun 30, 2015 | 19.02 Mn |
| Mar 31, 2015 | 18.68 Mn |
| Dec 31, 2014 | 18.56 Mn |
| Sep 30, 2014 | 18.30 Mn |