Mcgrath Rentcorp (MGRC) Exchange Rate Effect (2014 - 2023)
Mcgrath Rentcorp (MGRC) reported Exchange Rate Effect of $8000.0 for Q3 2023, up 105.76% on a YoY basis from $3888.1 in Q3 2022, and up 366.67% quarter-over-quarter from -$3000.0 in Q2 2023.
Mcgrath Rentcorp (MGRC) Exchange Rate Effect (2014 - 2023) Analysis & Trends
Mcgrath Rentcorp has reported Exchange Rate Effect for 10 years, with the latest figure at $8000.0 in Q3 2023.
- For the quarter ending Q3 2023, Exchange Rate Effect rose 105.76% year-over-year to $8000.0; the trailing twelve-month figure through Dec 2023 stood at $9000.0 (up 250.0% YoY), and the FY2023 full-year result was $9000.0, up 250.0% from the prior year.
- Exchange Rate Effect for Q3 2023 stood at $8000.0, up from -$3000.0 in the prior quarter.
- The five-year high for Exchange Rate Effect was $134000.0 in Q2 2022, with the low at -$245000.0 in Q3 2020.
- Historically, Exchange Rate Effect has averaged -$10666.7 across 5 years, with a median of -$2500.0 in 2022.
- Annual changes were most pronounced in 2020 — Exchange Rate Effect slumped 1341.18% — and 2022, when it surged 562.07%.
- Mcgrath Rentcorp's Exchange Rate Effect 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 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 3.83 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | -1.00 Mn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | -7.00 Mn |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | -1.70 Mn |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | -579,000.00 |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | - |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | - |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 179,000.00 |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 233,000.00 |
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 |