Mcgrath Rentcorp (MGRC) Operating Margin (2010 - 2026)
Mcgrath Rentcorp's Operating Margin was 24.10% in Q2 2026, down 0.17 percentage points from 24.26% a year earlier but up 2.24 percentage points from the prior quarter.
Mcgrath Rentcorp (MGRC) Operating Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mcgrath Rentcorp's Operating Margin was 25.47% through Jun 30, 2026, down 0.08 percentage points year-over-year; for FY2025, it came in at 25.80%, down 1.01 percentage points from FY2024.
- Operating Margin shows a five-year change of +1.22 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 26.81% in FY2024 (+4.01 pp), 22.81% in FY2023 (-0.37 pp), 23.17% in FY2022 (-0.07 pp) and 23.24% in FY2021 (-1.34 pp).
- Quarterly Operating Margin has moved between 12.14% (Q1 2023) and 37.17% (Q4 2021) over five years.
- Compared with a year earlier, Operating Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.62 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q1 2024 (a gain of 15.59 percentage points); the worst was Q4 2022 (a drop of 10.47 percentage points).
- Per Business Quant data, MGRC's Operating Margin in the three quarters before Q2 2026 was 21.86% (Q1 2026), 28.89% (Q4 2025) and 26.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 25.80% |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 16.07% |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 21.02% |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 8.19% |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 22.18% |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 9.54% |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 5.73% |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 11.78% |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 11.32% |
| 10 | Mcgrath Rentcorp | 2.75 Bn | 2.73 Bn | 107.91 Mn | 24.10% |
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 | 26.70% |
| Sep 30, 2022 | 22.88% |
| Jun 30, 2022 | 21.61% |
| Mar 31, 2022 | 20.34% |
| Dec 31, 2021 | 37.17% |
| Sep 30, 2021 | 20.72% |
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_KEY
import 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();