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
DateValue
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%