Mcgrath Rentcorp (MGRC) Long-Term Deferred Tax (2012 - 2019)
Mcgrath Rentcorp (MGRC) reported Long-Term Deferred Tax of $14.0 million for Q4 2019, up 22.87% on a YoY basis from $11.4 million in Q4 2018, and up 22.87% quarter-over-quarter from $11.4 million in Q4 2018.
Mcgrath Rentcorp (MGRC) Long-Term Deferred Tax (2012 - 2019) Analysis & Trends
Mcgrath Rentcorp has reported Long-Term Deferred Tax for 8 years, with the latest figure at $14.0 million in Q4 2019.
- For the quarter ending Q4 2019, Long-Term Deferred Tax rose 22.87% year-over-year to $14.0 million; the trailing twelve-month figure through Dec 2019 stood at $14.0 million (up 22.87% YoY), and the FY2019 full-year result was $14.0 million, up 22.87% from the prior year.
- Long-Term Deferred Tax for Q4 2019 stood at $14.0 million, up from $11.4 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $15.3 million in Q4 2015, with the low at $9.6 million in Q4 2017.
- Historically, Long-Term Deferred Tax has averaged $12.8 million across 5 years, with a median of $13.4 million in 2016.
- Annual changes were most pronounced in 2017 — Long-Term Deferred Tax fell 28.41% — and 2019, when it climbed 22.87%.
- Mcgrath Rentcorp's Long-Term Deferred Tax 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 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - |
| 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 |
| 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| 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 |