Mcgrath Rentcorp (MGRC) Gross Margin (2010 - 2026)
Mcgrath Rentcorp (MGRC) reported Gross Margin of 48.8% for Q1 2026, down 55.0% on a YoY basis from 108.45% in Q1 2025, and down 2.54% quarter-over-quarter from 50.07% in Q4 2025.
Mcgrath Rentcorp (MGRC) Gross Margin (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp has reported Gross Margin for 17 years, with the latest figure at 48.8% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 55.0% year-over-year to 48.8%; the trailing twelve-month figure through Mar 2026 stood at 48.07% (up 33.0% YoY), and the FY2025 full-year result was 48.18%, up 39.0% from the prior year.
- Gross Margin for Q1 2026 stood at 48.8%, down from 50.07% in the prior quarter.
- The five-year high for Gross Margin was 50.07% in Q4 2025, with the low at 43.66% in Q2 2022.
- Historically, Gross Margin has averaged 47.38% across 5 years, with a median of 47.08% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin surged 3756 bps — and 2024, when it slumped 262 bps.
- Mcgrath Rentcorp's Gross Margin stood at 48.32% in 2022, then increased by 3 bps to 49.7% in 2023, then slipped by 5 bps to 47.08% in 2024, then grew by 6 bps to 50.07% in 2025, then decreased by 3 bps to 48.8% in 2026.
- The last three Gross Margin figures came in at 48.8% (Q1 2026), 50.07% (Q4 2025), and 46.5% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | -476.96% |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 96.67% |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | - |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 96.27% |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 52.07% |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 60.23% |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 48.80% |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 22.33% |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 26.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 48.32% |
| Sep 30, 2022 | 44.08% |
| Jun 30, 2022 | 43.66% |
| Mar 31, 2022 | 46.41% |
| Dec 31, 2021 | 10.76% |
| Sep 30, 2021 | 43.74% |
| Jun 30, 2021 | 44.98% |