Mcgrath Rentcorp (MGRC) Gross Margin (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Gross Margin came in at 48.8% in Q2 2026, up 181.0% on a YoY basis from 17.37% in Q2 2025, and little changed quarter-over-quarter from 48.8% in Q1 2026.
Mcgrath Rentcorp (MGRC) Gross Margin (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Gross Margin for 17 consecutive years, with 48.8% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 181.0% year-over-year to 48.8%; the trailing twelve-month figure through Jun 2026 stood at 48.52% (up 116.0% YoY), and the FY2025 full-year result was 48.18%, up 39.0% from the prior year.
- Gross Margin was little changed at 48.8% in Q2 2026 per MGRC's latest filing, from 48.8% in the prior quarter.
- Across five years, Gross Margin topped out at 50.07% in Q4 2025 and bottomed at 37.82% in Q2 2022.
- Historically, Gross Margin has averaged 46.87% across 5 years, with a median of 47.17% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 716 bps in 2022, then jumped 878 bps in 2023.
- Over 5 years, Gross Margin stood at 50.07% in 2022, then declined by 1 bps to 49.7% in 2023, then declined by 5 bps to 47.08% in 2024, then rose by 6 bps to 50.07% in 2025, then fell by 3 bps to 48.8% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 48.8%, 48.8%, and 50.07% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 40.10% |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 59.22% |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 28.36% |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 50.03% |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 48.80% |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 18.49% |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 22.00% |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 36.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.80% |
| Mar 31, 2026 | 48.80% |
| Dec 31, 2025 | 50.07% |
| Sep 30, 2025 | 46.50% |
| Jun 30, 2025 | 46.99% |
| Mar 31, 2025 | 49.35% |
| Dec 31, 2024 | 47.08% |
| Sep 30, 2024 | 46.48% |
| Jun 30, 2024 | 48.64% |
| Mar 31, 2024 | 49.66% |
| Dec 31, 2023 | 49.70% |
| Sep 30, 2023 | 45.80% |
| Jun 30, 2023 | 46.60% |
| Mar 31, 2023 | 47.26% |
| Dec 31, 2022 | 50.07% |
| Sep 30, 2022 | 38.32% |
| Jun 30, 2022 | 37.82% |
| Mar 31, 2022 | 45.74% |
| Dec 31, 2021 | 51.85% |
| Sep 30, 2021 | 43.74% |
Mcgrath Rentcorp Gross Margin 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=gross-margin&ticker=MGRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();