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
Download Data| Date | Value |
|---|---|
| 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 |