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% 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 (MGRC) has reported Exchange Rate Effect for 10 consecutive years, with $8000.0 the latest figure, recorded 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 improved to $8000.0 in Q3 2023 per MGRC's latest filing, from -$3000.0 in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $134000.0 in Q2 2022 and bottomed 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.
- The sharpest annual moves came in 2020 and 2022: Exchange Rate Effect tumbled 1341.18% in 2020, then soared 562.07% in 2022.
- Over 5 years, Exchange Rate Effect stood at -$17000.0 in 2019, then surged by 500.0% to $68000.0 in 2020, then plunged by 86.76% to $9000.0 in 2021, then plunged by 122.22% to -$2000.0 in 2022, then surged by 500.0% to $8000.0 in 2023.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered $8000.0, -$3000.0, and $4000.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | - |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | - |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | -362,000.00 |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | - |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -10,000.00 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 577,000.00 |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 43,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 8,000.00 |
| Jun 30, 2023 | -3,000.00 |
| Mar 31, 2023 | 4,000.00 |
| Dec 31, 2022 | -2,000.00 |
| Sep 30, 2022 | -139,000.00 |
| Jun 30, 2022 | 134,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Dec 31, 2021 | 9,000.00 |
| Sep 30, 2021 | 28,000.00 |
| Jun 30, 2021 | -29,000.00 |
| Mar 31, 2021 | -4,000.00 |
| Dec 31, 2020 | 68,000.00 |
| Sep 30, 2020 | -245,000.00 |
| Jun 30, 2020 | -23,000.00 |
| Mar 31, 2020 | 44,000.00 |
| Sep 30, 2019 | -17,000.00 |
| Jun 30, 2019 | -12,000.00 |
| Mar 31, 2019 | -14,000.00 |
| Dec 31, 2018 | 37,000.00 |
| Sep 30, 2018 | -86,000.00 |
Mcgrath Rentcorp Exchange Rate Effect 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=exchange-rate-effect&ticker=MGRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();