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
DateValue
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