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% on a YoY basis from 29.03% in Q2 2025, and up 10.24% quarter-over-quarter from 21.86% in Q1 2026.
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Analysis
Mcgrath Rentcorp (MGRC) Operating Margin (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Operating Margin for 17 consecutive years, with 24.1% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 17.0% year-over-year to 24.1%; the trailing twelve-month figure through Jun 2026 stood at 25.47% (down 8.0% YoY), and the FY2025 full-year result was 25.8%, down 101.0% from the prior year.
- Operating Margin grew to 24.1% in Q2 2026 per MGRC's latest filing, from 21.86% in the prior quarter.
- Across five years, Operating Margin topped out at 33.3% in Q4 2022 and bottomed at 12.14% in Q1 2023.
- Historically, Operating Margin has averaged 24.13% across 5 years, with a median of 24.69% in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Margin sank 818 bps in 2023, then jumped 1559 bps in 2024.
- Over 5 years, Operating Margin stood at 33.3% in 2022, then retreated by 25 bps to 25.13% in 2023, then rose by 3 bps to 25.88% in 2024, then climbed by 12 bps to 28.89% in 2025, then decreased by 17 bps to 24.1% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 24.1%, 21.86%, and 28.89% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 22.18% |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 46.10% |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 6.49% |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 19.19% |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 24.10% |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -8.77% |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 8.27% |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 19.72% |
Historic Data
Download Data
Historic 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 | 33.30% |
| Sep 30, 2022 | 19.89% |
| Jun 30, 2022 | 18.72% |
| Mar 31, 2022 | 18.82% |
| Dec 31, 2021 | 37.17% |
| Sep 30, 2021 | 20.72% |
API Access
Mcgrath Rentcorp Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=MGRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "MGRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();