Mcgrath Rentcorp (MGRC) Interest Coverage Ratio (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Interest Coverage Ratio came in at 7.49 in Q2 2026, up 2.14% YoY from 7.33 in Q2 2025, and up 43.43% on a QoQ basis from 5.22 in Q1 2026.
Mcgrath Rentcorp (MGRC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 17 years of Interest Coverage Ratio data on file, last reported at 7.49 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 2.14% year-over-year to 7.49 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 45.24 (up 188.83% YoY) and the FY2025 annual result came in at 7.96, up 57.39% from the prior year.
- Interest Coverage Ratio grew to 7.49 in Q2 2026, from 5.22 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 10.5 in Q1 2022 to a low of 12.13 in Q4 2022.
- A 5-year average of 3.92 and a median of 5.1 in 2026 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 234.06% — and 2023, when it jumped 137.86%.
- Tracing MGRC's Interest Coverage Ratio over 5 years: stood at 12.13 in 2022, then jumped by 137.86% to 4.59 in 2023, then plunged by 140.06% to 1.84 in 2024, then sank by 119.79% to 4.04 in 2025, then jumped by 285.33% to 7.49 in 2026.
- The last three Interest Coverage Ratio figures came in at 7.49 (Q2 2026), 5.22 (Q1 2026), and 4.04 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.71 Bn | 33.68 Bn | 978.00 Mn | 3.53 |
| 2 | AerCap Holdings | 23.43 Bn | 23.43 Bn | 2.02 Bn | 1.38 |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - | - |
| 4 | Ryder System | 10.05 Bn | 10.05 Bn | 1.45 Bn | -17.64 |
| 5 | Gatx | 6.35 Bn | 6.35 Bn | 555.30 Mn | 150.67 |
| 6 | Herc Holdings | 5.77 Bn | 5.72 Bn | 713.00 Mn | 10.88 |
| 7 | Avis Budget | 5.02 Bn | 4.46 Bn | - | 1.68 |
| 8 | WillScot Holdings | 4.22 Bn | 4.21 Bn | 306.26 Mn | 2.20 |
| 9 | Mcgrath Rentcorp | 2.95 Bn | 2.95 Bn | 107.91 Mn | 7.49 |
| 10 | Custom Truck One Source | 2.41 Bn | 2.40 Bn | 123.97 Mn | 3.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.49 |
| Mar 31, 2026 | 5.22 |
| Dec 31, 2025 | -4.04 |
| Sep 30, 2025 | 8.16 |
| Jun 30, 2025 | 7.33 |
| Mar 31, 2025 | 4.98 |
| Dec 31, 2024 | -1.84 |
| Sep 30, 2024 | 5.91 |
| Jun 30, 2024 | 4.17 |
| Mar 31, 2024 | 3.67 |
| Dec 31, 2023 | 4.59 |
| Sep 30, 2023 | 6.04 |
| Jun 30, 2023 | 4.78 |
| Mar 31, 2023 | 2.18 |
| Dec 31, 2022 | -12.13 |
| Sep 30, 2022 | 7.39 |
| Jun 30, 2022 | 6.14 |
| Mar 31, 2022 | 10.50 |
| Dec 31, 2021 | 9.05 |
| Sep 30, 2021 | 6.19 |