Mcgrath Rentcorp (MGRC) Interest Coverage Ratio (2010 - 2026)
Mcgrath Rentcorp's (MGRC) Interest Coverage Ratio was 9.28 for Q3 2026, up 13.8% from 8.16 a year earlier and up 23.9% from the prior quarter.
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Analysis
Mcgrath Rentcorp (MGRC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Mcgrath Rentcorp's Interest Coverage Ratio came in at 8.72, up 23.7% year-over-year; for FY2025, it was 7.96, up 53.9% from FY2024.
- By year, Interest Coverage Ratio came in at 5.17 in FY2024 (+10.5%), 4.68 in FY2023 (-61.2%), 12.04 in FY2022 (-20.1%) and 15.07 in FY2021 (-5.9%).
- Five-year quarterly Interest Coverage Ratio spans a low of 2.66 in Q1 2023 and a high of 33.61 in Q4 2021.
- Year over year, Interest Coverage Ratio has now increased in each of the last eight quarters, with growth averaging 37.6% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q2 2025 (growth of 75.7%); the low point was Q1 2023 (a decline of 76.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 7.49 (Q2 2026), 6.68 (Q1 2026) and 11.42 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.11 Bn | 69.23 Bn | 2.05 Bn | - |
| 2 | W.W. Grainger | 68.49 Bn | 65.85 Bn | 2.01 Bn | - |
| 3 | Fastenal | 61.95 Bn | 60.95 Bn | 1.10 Bn | 663.50 |
| 4 | Ferguson Enterprises | 50.29 Bn | 47.51 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 33.30 Bn | 33.18 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.41 Bn | 20.46 Bn | 1.45 Bn | 30.01 |
| 7 | Wesco International | 15.21 Bn | 12.26 Bn | 1.57 Bn | - |
| 8 | Watsco | 11.87 Bn | 9.55 Bn | 578.93 Mn | - |
| 9 | Applied Industrial Technologies | 10.84 Bn | 10.73 Bn | 392.21 Mn | - |
| 10 | Mcgrath Rentcorp | 3.12 Bn | 3.11 Bn | 130.87 Mn | 9.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.28 |
| 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 | 11.70 |
| Sep 30, 2022 | 11.89 |
| Jun 30, 2022 | 13.66 |
| Mar 31, 2022 | 11.17 |
| Dec 31, 2021 | 33.61 |
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();