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
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