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% on a YoY basis from 7.33 in Q2 2025, and up 12.19% quarter-over-quarter from 6.68 in Q1 2026.
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Analysis
Mcgrath Rentcorp (MGRC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Interest Coverage Ratio for 17 consecutive years, with 7.49 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 2.14% year-over-year to 7.49; the trailing twelve-month figure through Jun 2026 stood at 8.4 (up 30.81% YoY), and the FY2025 full-year result was 7.96, up 53.87% from the prior year.
- Interest Coverage Ratio improved to 7.49 in Q2 2026 per MGRC's latest filing, from 6.68 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 13.66 in Q2 2022 and bottomed at 2.66 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 7.37 across 5 years, with a median of 6.9 in 2024.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio sank 77.86% in 2023, then surged 75.73% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 9.0 in 2022, then tumbled by 48.96% to 4.59 in 2023, then jumped by 55.12% to 7.12 in 2024, then jumped by 60.41% to 11.42 in 2025, then tumbled by 34.43% to 7.49 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 7.49, 6.68, and 11.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | - |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 1.29 |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | - |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 7.49 |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -10.27 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.49 |
| 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 | 9.00 |
| Sep 30, 2022 | 11.89 |
| Jun 30, 2022 | 13.66 |
| Mar 31, 2022 | 12.02 |
| Dec 31, 2021 | 33.61 |
| Sep 30, 2021 | 11.33 |
API Access
Mcgrath Rentcorp Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MGRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();