Mcgrath Rentcorp (MGRC) Operating Margin (2010 - 2026)
Mcgrath Rentcorp posted quarterly Operating Margin of 21.86% for Q1 2026, down 146.0% year-on-year from 47.52% in Q1 2025, and down 24.32% on a QoQ basis from 28.89% in Q4 2025.
Mcgrath Rentcorp (MGRC) has 17 years of Operating Margin data on file, last reported at 21.86% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 146.0% year-over-year to 21.86%; the trailing twelve-month figure through Mar 2026 stood at 25.49% (down 40.0% YoY), and the FY2025 full-year result was 25.8%, down 101.0% from the prior year.
- Operating Margin for Q1 2026 stood at 21.86%, down from 28.89% in the prior quarter.
- Across five years, Operating Margin topped out at 28.89% in Q4 2025 and bottomed at 12.14% in Q1 2023.
- The 5-year median for Operating Margin is 25.13% (2023), against an average of 24.18%.
- The widest annual swing landed in 2022, when Operating Margin soared 1899 bps; it then slumped 820 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 26.7% in 2022, then fell by 6 bps to 25.13% in 2023, then increased by 3 bps to 25.88% in 2024, then advanced by 12 bps to 28.89% in 2025, then dropped by 24 bps to 21.86% in 2026.
- The last three Operating Margin figures came in at 21.86% (Q1 2026), 28.89% (Q4 2025), and 26.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 12.69% |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 0.45% |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 381.90% |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 25.96% |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 17.62% |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 25.72% |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 21.86% |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 6.82% |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | 4.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.86% |
| Dec 31, 2025 | 28.89% |
| Sep 30, 2025 | 26.02% |
| Jun 30, 2025 | 24.26% |
| Mar 31, 2025 | 23.32% |
| Dec 31, 2024 | 25.88% |
| Sep 30, 2024 | 28.00% |
| Jun 30, 2024 | 25.59% |
| Mar 31, 2024 | 27.73% |
| Dec 31, 2023 | 25.13% |
| Sep 30, 2023 | 27.34% |
| Jun 30, 2023 | 23.44% |
| Mar 31, 2023 | 12.14% |
| Dec 31, 2022 | 26.70% |
| Sep 30, 2022 | 22.88% |
| Jun 30, 2022 | 21.61% |
| Mar 31, 2022 | 20.34% |
| Dec 31, 2021 | 7.71% |
| Sep 30, 2021 | 20.72% |
| Jun 30, 2021 | 20.22% |
| Mar 31, 2021 | 19.76% |
| Dec 31, 2020 | 27.54% |
| Sep 30, 2020 | 23.86% |
| Jun 30, 2020 | 23.75% |
| Mar 31, 2020 | 22.94% |
| Dec 31, 2019 | 25.98% |
| Sep 30, 2019 | 26.93% |
| Jun 30, 2019 | 22.81% |
| Mar 31, 2019 | 22.38% |
| Dec 31, 2018 | 26.42% |
| Sep 30, 2018 | 25.03% |
| Jun 30, 2018 | 20.90% |
| Mar 31, 2018 | 20.98% |
| Dec 31, 2017 | 21.91% |
| Sep 30, 2017 | 22.37% |
| Jun 30, 2017 | 19.94% |
| Mar 31, 2017 | 16.68% |
| Dec 31, 2016 | 21.56% |
| Sep 30, 2016 | 19.86% |
| Jun 30, 2016 | 17.53% |
| Mar 31, 2016 | 15.22% |
| Dec 31, 2015 | 20.39% |
| Sep 30, 2015 | 22.25% |
| Jun 30, 2015 | 17.15% |
| Mar 31, 2015 | 15.38% |
| Dec 31, 2014 | 23.97% |
| Sep 30, 2014 | 22.21% |
| Jun 30, 2014 | 19.05% |
| Mar 31, 2014 | 17.39% |
| Dec 31, 2013 | 22.87% |
| Sep 30, 2013 | 20.95% |
| Jun 30, 2013 | 21.09% |
| Mar 31, 2013 | 19.60% |
| Dec 31, 2012 | 20.73% |
| Sep 30, 2012 | 22.92% |
| Jun 30, 2012 | 23.42% |
| Mar 31, 2012 | 23.41% |
| Dec 31, 2011 | -12.22% |
| Sep 30, 2011 | 83.29% |
| Jun 30, 2011 | 26.05% |
| Mar 31, 2011 | 23.68% |
| Dec 31, 2010 | 140.50% |
| Sep 30, 2010 | 21.01% |
| Jun 30, 2010 | 20.41% |