Mcgrath Rentcorp (MGRC) Divestments (2023)
Mcgrath Rentcorp's (MGRC) quarterly Divestments came in at $5.6 million in Q2 2023, down 97.88% on a QoQ basis from $262.5 million in Q1 2023.
Analysis
Mcgrath Rentcorp (MGRC) Divestments (2023) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 1 years of Divestments data on file, last reported at $5.6 million in Q2 2023.
- Quarterly Divestments changed N/A year-over-year to $5.6 million in Q2 2023, while the trailing twelve-month figure through Dec 2023 was $268.0 million (changed N/A YoY) and the FY2023 annual result came in at $268.0 million, changed N/A from the prior year.
- Divestments slipped to $5.6 million in Q2 2023, from $262.5 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $262.5 million in Q1 2023 to a low of $5.6 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.34 Bn | 30.31 Bn | 978.00 Mn | - |
| 2 | AerCap Holdings | 25.16 Bn | 25.16 Bn | - | 189.64 Mn |
| 3 | Ryder System | 9.39 Bn | 9.39 Bn | 1.45 Bn | - |
| 4 | Gatx | 6.25 Bn | 6.25 Bn | 555.30 Mn | - |
| 5 | Avis Budget | 5.18 Bn | 4.62 Bn | - | 2.37 Bn |
| 6 | Herc Holdings | 5.08 Bn | 5.04 Bn | 713.00 Mn | - |
| 7 | EquipmentShare.com | 4.46 Bn | 4.02 Bn | 411.00 Mn | - |
| 8 | WillScot Holdings | 3.73 Bn | 3.73 Bn | 306.26 Mn | - |
| 9 | Mcgrath Rentcorp | 2.76 Bn | 2.76 Bn | 107.91 Mn | - |
| 10 | Custom Truck One Source | 2.09 Bn | 2.08 Bn | 123.97 Mn | - |