Mcgrath Rentcorp (MGRC) Exchange Rate Effect (2014 - 2023)
Mcgrath Rentcorp's (MGRC) quarterly Exchange Rate Effect came in at $8000.0 in Q3 2023, up 105.76% YoY from $3888.1 in Q3 2022, and up 366.67% on a QoQ basis from -$3000.0 in Q2 2023.
Mcgrath Rentcorp (MGRC) Exchange Rate Effect (2014 - 2023) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 10 years of Exchange Rate Effect data on file, last reported at $8000.0 in Q3 2023.
- Quarterly Exchange Rate Effect rose 105.76% year-over-year to $8000.0 in Q3 2023, while the trailing twelve-month figure through Dec 2023 was $9000.0 (up 250.0% YoY) and the FY2023 annual result came in at $9000.0, up 250.0% from the prior year.
- Exchange Rate Effect grew to $8000.0 in Q3 2023, from -$3000.0 in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $134000.0 in Q2 2022 to a low of -$245000.0 in Q3 2020.
- A 5-year average of -$10666.7 and a median of -$2500.0 in 2022 frame the typical range for Exchange Rate Effect.
- Annual changes were most pronounced in 2020 — Exchange Rate Effect slumped 1341.18% — and 2022, when it surged 562.07%.
- Tracing MGRC's Exchange Rate Effect over 5 years: stood at -$17000.0 in 2019, then soared by 500.0% to $68000.0 in 2020, then slumped by 86.76% to $9000.0 in 2021, then slumped by 122.22% to -$2000.0 in 2022, then soared by 500.0% to $8000.0 in 2023.
- The last three Exchange Rate Effect figures came in at $8000.0 (Q3 2023), -$3000.0 (Q2 2023), and $4000.0 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.71 Bn | 33.68 Bn | 978.00 Mn | -1.00 Mn |
| 2 | AerCap Holdings | 23.43 Bn | 23.43 Bn | 2.02 Bn | 1.23 Mn |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - | - |
| 4 | Ryder System | 10.05 Bn | 10.05 Bn | 1.45 Bn | - |
| 5 | Gatx | 6.35 Bn | 6.35 Bn | 555.30 Mn | -1.90 Mn |
| 6 | Herc Holdings | 5.77 Bn | 5.72 Bn | 713.00 Mn | - |
| 7 | Avis Budget | 5.02 Bn | 4.46 Bn | - | -2.00 Mn |
| 8 | WillScot Holdings | 4.22 Bn | 4.21 Bn | 306.26 Mn | -362,000.00 |
| 9 | Mcgrath Rentcorp | 2.95 Bn | 2.95 Bn | 107.91 Mn | - |
| 10 | Custom Truck One Source | 2.41 Bn | 2.40 Bn | 123.97 Mn | 577,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 8,000.00 |
| Sep 30, 2023 | 8,000.00 |
| Jun 30, 2023 | -3,000.00 |
| Jun 30, 2023 | -3,000.00 |
| Mar 31, 2023 | 4,000.00 |
| Mar 31, 2023 | 4,000.00 |
| Dec 31, 2022 | -2,000.00 |
| Dec 31, 2022 | -2,000.00 |
| Sep 30, 2022 | -139,000.00 |
| Sep 30, 2022 | -139,000.00 |
| Jun 30, 2022 | 134,000.00 |
| Jun 30, 2022 | 134,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Dec 31, 2021 | 9,000.00 |
| Dec 31, 2021 | 9,000.00 |
| Sep 30, 2021 | 28,000.00 |
| Sep 30, 2021 | 28,000.00 |
| Jun 30, 2021 | -29,000.00 |
| Jun 30, 2021 | -29,000.00 |