Mcgrath Rentcorp (MGRC) Gross Margin (2010 - 2026)
Mcgrath Rentcorp (MGRC) recorded Gross Margin of 47.66% in Q3 2026, up 1.15 percentage points from 46.50% a year earlier but down 1.14 percentage points from the prior quarter.
Mcgrath Rentcorp (MGRC) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Mcgrath Rentcorp's Gross Margin came in at 48.81% as of Sep 30, 2026, up 1.44 percentage points year-over-year; for FY2025, it came in at 48.18%, up 0.39 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +2.12 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 47.80% in FY2024 (+0.48 pp), 47.32% in FY2023 (+1.67 pp), 45.65% in FY2022 (-0.61 pp) and 46.26% in FY2021 (+0.20 pp).
- Quarterly Gross Margin has ranged from 43.66% in Q2 2022 to 51.85% in Q4 2021 over the past five years.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of +0.11 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 4.43 percentage points in Q4 2021, against a drop of 3.53 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 48.80% (Q2 2026), 48.80% (Q1 2026) and 50.07% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.11 Bn | 69.23 Bn | 2.05 Bn | 41.81% |
| 2 | W.W. Grainger | 68.49 Bn | 65.85 Bn | 2.01 Bn | 38.81% |
| 3 | Fastenal | 61.95 Bn | 60.95 Bn | 1.10 Bn | 44.85% |
| 4 | Ferguson Enterprises | 50.29 Bn | 47.51 Bn | 2.32 Bn | 31.02% |
| 5 | Sunbelt Rentals Holdings | 33.30 Bn | 33.18 Bn | 1.25 Bn | 40.10% |
| 6 | Reliance | 21.41 Bn | 20.46 Bn | 1.45 Bn | 27.89% |
| 7 | Wesco International | 15.21 Bn | 12.26 Bn | 1.57 Bn | 21.67% |
| 8 | Watsco | 11.87 Bn | 9.55 Bn | 578.93 Mn | 27.50% |
| 9 | Applied Industrial Technologies | 10.84 Bn | 10.73 Bn | 392.21 Mn | 30.38% |
| 10 | Mcgrath Rentcorp | 3.12 Bn | 3.11 Bn | 130.87 Mn | 47.66% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 47.66% |
| 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 | 48.32% |
| Sep 30, 2022 | 44.08% |
| Jun 30, 2022 | 43.66% |
| Mar 31, 2022 | 46.41% |
| Dec 31, 2021 | 51.85% |
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();