Mcgrath Rentcorp (MGRC) Net Income (2010 - 2026)

Mcgrath Rentcorp (MGRC) reported Net Income of $27.0 million for Q1 2026, down 4.17% on a YoY basis from $28.2 million in Q1 2025, and down 45.75% quarter-over-quarter from $49.8 million in Q4 2025.

Mcgrath Rentcorp (MGRC) Net Income (2010 - 2026) Analysis & Trends

Mcgrath Rentcorp has reported Net Income for 17 years, with the latest figure at $27.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income fell 4.17% year-over-year to $27.0 million; the trailing twelve-month figure through Mar 2026 stood at $155.1 million (down 34.57% YoY), and the FY2025 full-year result was $156.3 million, down 32.55% from the prior year.
  • Net Income for Q1 2026 stood at $27.0 million, down from $49.8 million in the prior quarter.
  • The five-year high for Net Income was $149.3 million in Q3 2024, with the low at $1.1 million in Q1 2022.
  • Historically, Net Income has averaged $34.5 million across 5 years, with a median of $27.6 million in 2025.
  • Annual changes were most pronounced in 2022 — Net Income tumbled 93.59% — and 2023, when it soared 5180.99%.
  • Mcgrath Rentcorp's Net Income stood at $4.6 million in 2022, then surged by 1213.4% to $61.1 million in 2023, then tumbled by 36.21% to $38.9 million in 2024, then rose by 27.93% to $49.8 million in 2025, then slumped by 45.75% to $27.0 million in 2026.
  • The last three Net Income figures came in at $27.0 million (Q1 2026), $49.8 million (Q4 2025), and $42.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 36.97 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn -
3 Avis Budget 6.65 Bn 6.24 Bn - -234.00 Mn
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 58.30 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn 43.06 Mn
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn -24.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn 27.03 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn -4.10 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 2.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.03 Mn
Dec 31, 2025 49.83 Mn
Sep 30, 2025 42.30 Mn
Jun 30, 2025 35.97 Mn
Mar 31, 2025 28.21 Mn
Dec 31, 2024 38.95 Mn
Sep 30, 2024 149.32 Mn
Jun 30, 2024 20.62 Mn
Mar 31, 2024 22.85 Mn
Dec 31, 2023 61.06 Mn
Jun 30, 2023 2.63 Mn
Mar 31, 2023 58.88 Mn
Dec 31, 2022 4.65 Mn
Sep 30, 2022 4.64 Mn
Jun 30, 2022 3.33 Mn
Mar 31, 2022 1.12 Mn
Dec 31, 2021 29.68 Mn
Sep 30, 2021 23.25 Mn
Jun 30, 2021 20.61 Mn
Mar 31, 2021 17.40 Mn