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% 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 (MGRC) has reported Long-Term Deferred Tax for 8 consecutive years, with $14.0 million the latest figure, recorded 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 advanced to $14.0 million in Q4 2019 per MGRC's latest filing, from $11.4 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $15.3 million in Q4 2015 and bottomed 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.
- The sharpest annual moves came in 2017 and 2019: Long-Term Deferred Tax retreated 28.41% in 2017, then grew 22.87% in 2019.
- Over 5 years, Long-Term Deferred Tax stood at $15.3 million in 2015, then retreated by 12.14% to $13.4 million in 2016, then declined by 28.41% to $9.6 million in 2017, then rose by 18.72% to $11.4 million in 2018, then rose by 22.87% to $14.0 million in 2019.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $14.0 million, $11.4 million, and $9.6 million for Q4 2019, Q4 2018, and Q4 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn |
| 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
| 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 |
Mcgrath Rentcorp Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=MGRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();