Mcgrath Rentcorp (MGRC) Interest Coverage Ratio (2010 - 2026)
Mcgrath Rentcorp (MGRC) reported Interest Coverage Ratio of 6.68 for Q1 2026, up 19.54% on a YoY basis from 5.59 in Q1 2025, and down 41.55% quarter-over-quarter from 11.42 in Q4 2025.
Mcgrath Rentcorp (MGRC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp has reported Interest Coverage Ratio for 17 years, with the latest figure at 6.68 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 19.54% year-over-year to 6.68; the trailing twelve-month figure through Mar 2026 stood at 8.34 (up 49.7% YoY), and the FY2025 full-year result was 7.96, up 53.87% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 6.68, down from 11.42 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 13.66 in Q2 2022, with the low at 2.66 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 7.47 across 5 years, with a median of 6.68 in 2026.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 76.18% — and 2025, when it jumped 75.73%.
- Mcgrath Rentcorp's Interest Coverage Ratio stood at 11.7 in 2022, then sank by 60.76% to 4.59 in 2023, then surged by 55.12% to 7.12 in 2024, then surged by 60.41% to 11.42 in 2025, then sank by 41.55% to 6.68 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.68 (Q1 2026), 11.42 (Q4 2025), and 8.16 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 90.76 |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 0.14 |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | -0.48 |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | - |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | - |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | - |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 6.68 |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | - |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.68 |
| Dec 31, 2025 | 11.42 |
| Sep 30, 2025 | 8.16 |
| Jun 30, 2025 | 7.33 |
| Mar 31, 2025 | 5.59 |
| Dec 31, 2024 | 7.12 |
| Sep 30, 2024 | 5.91 |
| Jun 30, 2024 | 4.17 |
| Mar 31, 2024 | 4.10 |
| Dec 31, 2023 | 4.59 |
| Sep 30, 2023 | 6.04 |
| Jun 30, 2023 | 4.78 |
| Mar 31, 2023 | 2.66 |
| Dec 31, 2022 | 11.70 |
| Sep 30, 2022 | 11.89 |
| Jun 30, 2022 | 13.66 |
| Mar 31, 2022 | 11.17 |
| Dec 31, 2021 | 33.61 |
| Sep 30, 2021 | 11.33 |
| Jun 30, 2021 | 13.12 |