Mcgrath Rentcorp (MGRC) Operating Margin (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Operating Margin came in at 24.1% in Q2 2026, down 17.0% YoY from 29.03% in Q2 2025, and up 10.24% on a QoQ basis from 21.86% in Q1 2026.
Mcgrath Rentcorp (MGRC) Operating Margin (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 17 years of Operating Margin data on file, last reported at 24.1% in Q2 2026.
- Quarterly Operating Margin fell 17.0% year-over-year to 24.1% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 25.47% (down 8.0% YoY) and the FY2025 annual result came in at 25.8%, down 101.0% from the prior year.
- Operating Margin climbed to 24.1% in Q2 2026, from 21.86% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 39.02% in Q1 2022 to a low of 44.89% in Q4 2022.
- A 5-year average of 20.91% and a median of 24.69% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 8206 bps — and 2023, when it soared 7002 bps.
- Tracing MGRC's Operating Margin over 5 years: stood at 44.89% in 2022, then surged by 156 bps to 25.13% in 2023, then grew by 3 bps to 25.88% in 2024, then gained by 12 bps to 28.89% in 2025, then fell by 17 bps to 24.1% in 2026.
- The last three Operating Margin figures came in at 24.1% (Q2 2026), 21.86% (Q1 2026), and 28.89% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.68 Bn | 33.65 Bn | 978.00 Mn | 14.89% |
| 2 | AerCap Holdings | 23.42 Bn | 23.42 Bn | 2.02 Bn | 29.92% |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - | - |
| 4 | Ryder System | 10.06 Bn | 10.06 Bn | 1.45 Bn | -51.12% |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn | 23.38% |
| 6 | Herc Holdings | 5.76 Bn | 5.72 Bn | 713.00 Mn | 46.10% |
| 7 | Avis Budget | 5.05 Bn | 4.49 Bn | - | - |
| 8 | WillScot Holdings | 4.20 Bn | 4.18 Bn | 306.26 Mn | 19.19% |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 24.10% |
| 10 | Custom Truck One Source | 2.41 Bn | 2.40 Bn | 123.97 Mn | 8.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.10% |
| 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 | -44.89% |
| Sep 30, 2022 | 19.89% |
| Jun 30, 2022 | 18.72% |
| Mar 31, 2022 | 39.02% |
| Dec 31, 2021 | 37.17% |
| Sep 30, 2021 | 20.72% |