Mcgrath Rentcorp (MGRC) Operating Income (2010 - 2026)
Mcgrath Rentcorp (MGRC) reported Operating Income of $43.4 million for Q1 2026, down 4.75% on a YoY basis from $45.6 million in Q1 2025, and down 41.48% quarter-over-quarter from $74.2 million in Q4 2025.
Mcgrath Rentcorp (MGRC) Operating Income (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp has reported Operating Income for 17 years, with the latest figure at $43.4 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 4.75% year-over-year to $43.4 million; the trailing twelve-month figure through Mar 2026 stood at $241.5 million (up 1.56% YoY), and the FY2025 full-year result was $243.6 million, changed 0.26% from the prior year.
- Operating Income for Q1 2026 stood at $43.4 million, down from $74.2 million in the prior quarter.
- The five-year high for Operating Income was $74.7 million in Q3 2024, with the low at $19.9 million in Q1 2023.
- Historically, Operating Income has averaged $51.1 million across 5 years, with a median of $52.1 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Income declined 21.87% — and 2024, when it surged 162.14%.
- Mcgrath Rentcorp's Operating Income stood at $48.8 million in 2022, then rose by 14.02% to $55.7 million in 2023, then advanced by 13.31% to $63.1 million in 2024, then advanced by 17.57% to $74.2 million in 2025, then sank by 41.48% to $43.4 million in 2026.
- The last three Operating Income figures came in at $43.4 million (Q1 2026), $74.2 million (Q4 2025), and $66.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 33.67 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 14.00 Mn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | - |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 151.50 Mn |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 96.66 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 293.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 43.40 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 31.47 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 26.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.40 Mn |
| Dec 31, 2025 | 74.17 Mn |
| Sep 30, 2025 | 66.72 Mn |
| Jun 30, 2025 | 57.17 Mn |
| Mar 31, 2025 | 45.57 Mn |
| Dec 31, 2024 | 63.09 Mn |
| Sep 30, 2024 | 74.68 Mn |
| Jun 30, 2024 | 54.41 Mn |
| Mar 31, 2024 | 52.09 Mn |
| Dec 31, 2023 | 55.67 Mn |
| Sep 30, 2023 | 66.59 Mn |
| Jun 30, 2023 | 47.58 Mn |
| Mar 31, 2023 | 19.87 Mn |
| Dec 31, 2022 | 48.83 Mn |
| Sep 30, 2022 | 39.89 Mn |
| Jun 30, 2022 | 33.15 Mn |
| Mar 31, 2022 | 25.43 Mn |
| Dec 31, 2021 | 34.82 Mn |
| Sep 30, 2021 | 35.90 Mn |
| Jun 30, 2021 | 29.61 Mn |