Mcgrath Rentcorp (MGRC) Dividend Coverage Ratio (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Dividend Coverage Ratio came in at 2.76 in Q2 2026, down 8.41% on a YoY basis from 3.01 in Q2 2025, and up 25.27% quarter-over-quarter from 2.2 in Q1 2026.
Mcgrath Rentcorp (MGRC) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Dividend Coverage Ratio for 17 consecutive years, with 2.76 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio fell 8.41% year-over-year to 2.76; the trailing twelve-month figure through Jun 2026 stood at 3.14 (down 40.22% YoY), and the FY2025 full-year result was 3.24, down 33.63% from the prior year.
- Dividend Coverage Ratio improved to 2.76 in Q2 2026 per MGRC's latest filing, from 2.2 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 12.71 in Q3 2024 and bottomed at 5.83 in Q4 2022.
- Historically, Dividend Coverage Ratio has averaged 3.16 across 5 years, with a median of 2.8 in 2022.
- The sharpest annual moves came in 2022 and 2024: Dividend Coverage Ratio plunged 326.56% in 2022, then surged 261.0% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 5.83 in 2022, then surged by 147.37% to 2.76 in 2023, then rose by 14.63% to 3.16 in 2024, then climbed by 28.83% to 4.08 in 2025, then slumped by 32.26% to 2.76 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 2.76, 2.2, and 4.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 1.43 |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 0.83 |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | - |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 3.70 |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 2.76 |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -143.41 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.76 |
| Mar 31, 2026 | 2.20 |
| Dec 31, 2025 | 4.08 |
| Sep 30, 2025 | 3.52 |
| Jun 30, 2025 | 3.01 |
| Mar 31, 2025 | 2.33 |
| Dec 31, 2024 | 3.16 |
| Sep 30, 2024 | 12.71 |
| Jun 30, 2024 | 1.75 |
| Mar 31, 2024 | 1.93 |
| Dec 31, 2023 | 2.76 |
| Sep 30, 2023 | 3.52 |
| Jun 30, 2023 | 2.67 |
| Mar 31, 2023 | 6.26 |
| Dec 31, 2022 | -5.83 |
| Sep 30, 2022 | 2.84 |
| Jun 30, 2022 | 2.40 |
| Mar 31, 2022 | 4.75 |
| Dec 31, 2021 | 2.57 |
| Sep 30, 2021 | 2.19 |
Mcgrath Rentcorp Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=MGRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "MGRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();