Mcgrath Rentcorp (MGRC) Dividend Coverage Ratio (2014 - 2026)
Mcgrath Rentcorp's Dividend Coverage Ratio was 2.77 in Q2 2026, down 8.2% from 3.01 a year earlier but up 27.8% from the prior quarter.
Mcgrath Rentcorp (MGRC) Dividend Coverage Ratio (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mcgrath Rentcorp's Dividend Coverage Ratio was 3.15 through Jun 30, 2026, down 41.0% year-over-year; for FY2025, it was 3.26, down 34.2% from FY2024.
- In earlier years, Dividend Coverage Ratio was 4.96 in FY2024 (+29.3%), 3.83 in FY2023 (+47.4%), 2.60 in FY2022 (+22.3%) and 2.13 in FY2021 (-17.1%).
- Quarterly Dividend Coverage Ratio has moved between 1.71 (Q1 2022) and 12.80 (Q3 2024) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in five of the last eight quarters, with growth averaging 38.5%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q1 2023 (growth of 268.1%); the worst was Q3 2025 (a decline of 72.3%).
- Per Business Quant data, MGRC's Dividend Coverage Ratio in the three quarters before Q2 2026 was 2.16 (Q1 2026), 4.17 (Q4 2025) and 3.54 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | - |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 3.93 |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | - |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 5.06 |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 8.57 |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 6.28 |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 1.14 |
| 10 | Mcgrath Rentcorp | 2.75 Bn | 2.73 Bn | 107.91 Mn | 2.77 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.77 |
| Mar 31, 2026 | 2.16 |
| Dec 31, 2025 | 4.17 |
| Sep 30, 2025 | 3.54 |
| Jun 30, 2025 | 3.01 |
| Mar 31, 2025 | 2.33 |
| Dec 31, 2024 | 3.34 |
| Sep 30, 2024 | 12.80 |
| Jun 30, 2024 | 1.77 |
| Mar 31, 2024 | 1.94 |
| Dec 31, 2023 | 2.81 |
| Sep 30, 2023 | 3.55 |
| Jun 30, 2023 | 2.69 |
| Mar 31, 2023 | 6.29 |
| Dec 31, 2022 | 3.57 |
| Sep 30, 2022 | 2.76 |
| Jun 30, 2022 | 2.36 |
| Mar 31, 2022 | 1.71 |
| Dec 31, 2021 | 2.70 |
| Sep 30, 2021 | 2.20 |
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();