Mcgrath Rentcorp (MGRC) Gross Margin (2010 - 2026)
Mcgrath Rentcorp posted quarterly Gross Margin of 48.8% for Q1 2026, down 55.0% year-on-year from 108.45% in Q1 2025, and down 2.54% on a QoQ basis from 50.07% in Q4 2025.
Mcgrath Rentcorp (MGRC) has 17 years of Gross Margin data on file, last reported 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.
- Across five years, Gross Margin topped out at 50.07% in Q4 2025 and bottomed at 43.66% in Q2 2022.
- The 5-year median for Gross Margin is 47.08% (2024), against an average of 47.38%.
- The widest annual swing landed in 2022, when Gross Margin surged 3756 bps; it then plunged 262 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 48.32% in 2022, then rose by 3 bps to 49.7% in 2023, then dropped by 5 bps to 47.08% in 2024, then increased by 6 bps to 50.07% in 2025, then slipped 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 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 92.18% |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 96.67% |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | -476.96% |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 96.27% |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 52.07% |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 60.23% |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 48.80% |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 22.33% |
| 10 | Vestis | 1.53 Bn | 1.48 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% |
| Mar 31, 2021 | 47.10% |
| Dec 31, 2020 | 47.43% |
| Sep 30, 2020 | 43.60% |
| Jun 30, 2020 | 45.93% |
| Mar 31, 2020 | 47.63% |
| Dec 31, 2019 | 48.22% |
| Sep 30, 2019 | 45.10% |
| Jun 30, 2019 | 46.99% |
| Mar 31, 2019 | 46.72% |
| Dec 31, 2018 | 48.91% |
| Sep 30, 2018 | 44.74% |
| Jun 30, 2018 | 46.10% |
| Mar 31, 2018 | 47.74% |
| Dec 31, 2017 | 44.74% |
| Sep 30, 2017 | 43.41% |
| Jun 30, 2017 | 44.91% |
| Mar 31, 2017 | 46.05% |
| Dec 31, 2016 | 46.85% |
| Sep 30, 2016 | 41.34% |
| Jun 30, 2016 | 42.44% |
| Mar 31, 2016 | 43.39% |
| Dec 31, 2015 | 44.41% |
| Sep 30, 2015 | 44.36% |
| Jun 30, 2015 | 42.61% |
| Mar 31, 2015 | 43.34% |
| Dec 31, 2014 | 46.70% |
| Sep 30, 2014 | 43.62% |
| Jun 30, 2014 | 43.95% |
| Mar 31, 2014 | 44.13% |
| Dec 31, 2013 | 47.09% |
| Sep 30, 2013 | 41.52% |
| Jun 30, 2013 | 46.09% |
| Mar 31, 2013 | 43.98% |
| Dec 31, 2012 | 43.20% |
| Sep 30, 2012 | 43.89% |
| Jun 30, 2012 | 48.68% |
| Mar 31, 2012 | 50.47% |
| Dec 31, 2011 | -23.13% |
| Sep 30, 2011 | 144.55% |
| Jun 30, 2011 | 49.49% |
| Mar 31, 2011 | 49.18% |
| Dec 31, 2010 | 247.78% |
| Sep 30, 2010 | 40.92% |
| Jun 30, 2010 | 45.89% |