Mcgrath Rentcorp (MGRC) Operating Expenses (2010 - 2026)

Mcgrath Rentcorp posted quarterly Operating Expenses of $76.2 million for Q1 2026, up 5.29% year-on-year from $72.4 million in Q1 2025, and little changed on a QoQ basis from $76.5 million in Q4 2025.

Mcgrath Rentcorp (MGRC) has 17 years of Operating Expenses data on file, last reported at $76.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 5.29% year-over-year to $76.2 million; the trailing twelve-month figure through Mar 2026 stood at $302.1 million (up 44.64% YoY), and the FY2025 full-year result was $298.3 million, up 42.5% from the prior year.
  • Operating Expenses for Q1 2026 stood at $76.2 million, roughly flat from $76.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $79.3 million in Q1 2023 and bottomed at -$11.6 million in Q4 2022.
  • The 5-year median for Operating Expenses is $71.2 million (2024), against an average of $56.1 million.
  • The widest annual swing landed in 2024, when Operating Expenses slumped 159.34%; it then surged 1387.67% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$11.6 million in 2022, then soared by 80.19% to -$2.3 million in 2023, then plunged by 159.34% to -$5.9 million in 2024, then soared by 1387.67% to $76.5 million in 2025, then fell by 0.44% to $76.2 million in 2026.
  • The last three Operating Expenses figures came in at $76.2 million (Q1 2026), $76.5 million (Q4 2025), and $74.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn 660.32 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn 3.01 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn 848.61 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn 410.40 Mn
5 Avis Budget 5.57 Bn 5.16 Bn - 1.42 Bn
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn 234.02 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn 393.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn 76.20 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn 71.59 Mn
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn 632.66 Mn

Historic Data

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DateValue
Mar 31, 2026 76.20 Mn
Dec 31, 2025 76.54 Mn
Sep 30, 2025 74.41 Mn
Jun 30, 2025 74.97 Mn
Mar 31, 2025 72.37 Mn
Dec 31, 2024 -5.94 Mn
Sep 30, 2024 71.28 Mn
Jun 30, 2024 71.17 Mn
Mar 31, 2024 72.83 Mn
Dec 31, 2023 -2.29 Mn
Sep 30, 2023 70.58 Mn
Jun 30, 2023 69.62 Mn
Mar 31, 2023 79.33 Mn
Dec 31, 2022 -11.57 Mn
Sep 30, 2022 57.13 Mn
Jun 30, 2022 53.89 Mn
Mar 31, 2022 52.47 Mn
Dec 31, 2021 20.98 Mn
Sep 30, 2021 63.71 Mn
Jun 30, 2021 59.42 Mn
Mar 31, 2021 54.39 Mn
Dec 31, 2020 -26.41 Mn
Sep 30, 2020 52.29 Mn
Jun 30, 2020 52.12 Mn
Mar 31, 2020 53.59 Mn
Dec 31, 2019 -18.27 Mn
Sep 30, 2019 52.07 Mn
Jun 30, 2019 50.54 Mn
Mar 31, 2019 48.66 Mn
Dec 31, 2018 48.79 Mn
Sep 30, 2018 46.63 Mn
Jun 30, 2018 47.58 Mn
Mar 31, 2018 45.91 Mn
Dec 31, 2017 -16.61 Mn
Sep 30, 2017 45.98 Mn
Jun 30, 2017 44.61 Mn
Mar 31, 2017 45.23 Mn
Dec 31, 2016 44.23 Mn
Sep 30, 2016 44.02 Mn
Jun 30, 2016 43.91 Mn
Mar 31, 2016 44.94 Mn
Dec 31, 2015 -23.02 Mn
Sep 30, 2015 43.81 Mn
Jun 30, 2015 43.47 Mn
Mar 31, 2015 43.89 Mn
Dec 31, 2014 43.97 Mn
Sep 30, 2014 42.50 Mn
Jun 30, 2014 23.84 Mn
Mar 31, 2014 23.41 Mn
Dec 31, 2013 22.95 Mn
Sep 30, 2013 22.38 Mn
Jun 30, 2013 21.79 Mn
Mar 31, 2013 21.64 Mn
Dec 31, 2012 22.91 Mn
Sep 30, 2012 20.85 Mn
Mar 31, 2012 21.36 Mn
Dec 31, 2011 20.84 Mn
Sep 30, 2011 20.08 Mn
Jun 30, 2011 18.65 Mn
Mar 31, 2011 18.62 Mn
Dec 31, 2010 16.65 Mn
Sep 30, 2010 16.57 Mn
Jun 30, 2010 16.95 Mn