Mcgrath Rentcorp (MGRC) Long-Term Deferred Tax (2012 - 2019)
Mcgrath Rentcorp's (MGRC) quarterly Long-Term Deferred Tax came in at $14.0 million in Q4 2019, up 22.87% YoY from $11.4 million in Q4 2018, and up 22.87% on a QoQ basis from $11.4 million in Q4 2018.
Mcgrath Rentcorp (MGRC) Long-Term Deferred Tax (2012 - 2019) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 8 years of Long-Term Deferred Tax data on file, last reported at $14.0 million in Q4 2019.
- Quarterly Long-Term Deferred Tax rose 22.87% year-over-year to $14.0 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $14.0 million (up 22.87% YoY) and the FY2019 annual result came in at $14.0 million, up 22.87% from the prior year.
- Long-Term Deferred Tax improved to $14.0 million in Q4 2019, from $11.4 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $15.3 million in Q4 2015 to a low of $9.6 million in Q4 2017.
- A 5-year average of $12.8 million and a median of $13.4 million in 2016 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2017 — Long-Term Deferred Tax fell 28.41% — and 2019, when it climbed 22.87%.
- Tracing MGRC's Long-Term Deferred Tax over 5 years: stood at $15.3 million in 2015, then declined by 12.14% to $13.4 million in 2016, then slipped by 28.41% to $9.6 million in 2017, then grew by 18.72% to $11.4 million in 2018, then grew by 22.87% to $14.0 million in 2019.
- The last three Long-Term Deferred Tax figures came in at $14.0 million (Q4 2019), $11.4 million (Q4 2018), and $9.6 million (Q4 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.75 Bn | 33.72 Bn | 978.00 Mn |
| 2 | AerCap Holdings | 23.41 Bn | 23.41 Bn | 2.02 Bn |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - |
| 4 | Ryder System | 10.06 Bn | 10.06 Bn | 1.45 Bn |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn |
| 6 | Herc Holdings | 5.75 Bn | 5.71 Bn | 713.00 Mn |
| 7 | Avis Budget | 5.03 Bn | 4.47 Bn | - |
| 8 | WillScot Holdings | 4.19 Bn | 4.17 Bn | 306.26 Mn |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn |
| 10 | Custom Truck One Source | 2.42 Bn | 2.41 Bn | 123.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 14.04 Mn |
| Dec 31, 2018 | 11.42 Mn |
| Dec 31, 2017 | 9.62 Mn |
| Dec 31, 2016 | 13.44 Mn |
| Dec 31, 2015 | 15.30 Mn |
| Dec 31, 2014 | 14.36 Mn |
| Dec 31, 2013 | 16.32 Mn |
| Dec 31, 2012 | 29.00 Mn |