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
DateValue
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