Mcgrath Rentcorp (MGRC) Other Operating Expenses (2020 - 2024)

Mcgrath Rentcorp posted quarterly Other Operating Expenses of $9.3 million for Q1 2024, down 17.3% year-on-year from $11.2 million in Q2 2023, and up 123.73% on a QoQ basis from -$39.1 million in Q4 2023.

Mcgrath Rentcorp (MGRC) has 5 years of Other Operating Expenses data on file, last reported at $9.3 million in Q1 2024.

  • For the quarter ending Q1 2024, Other Operating Expenses fell 17.3% year-over-year to $9.3 million; the trailing twelve-month figure through Dec 2024 stood at $9.3 million (up 156.52% YoY), and the FY2024 full-year result was $180.0 million, up 4875.12% from the prior year.
  • Other Operating Expenses for Q1 2024 stood at $9.3 million, up from -$39.1 million in the prior quarter.
  • Across five years, Other Operating Expenses topped out at $47.0 million in Q4 2022 and bottomed at -$39.1 million in Q4 2023.
  • The 5-year median for Other Operating Expenses is $23.2 million (2021), against an average of $18.8 million.
  • The widest annual swing landed in 2022, when Other Operating Expenses surged 65.24%; it then plunged 183.21% in 2023.
  • A 5-year view of Other Operating Expenses shows it stood at $35.4 million in 2020, then fell by 19.74% to $28.4 million in 2021, then soared by 65.24% to $47.0 million in 2022, then slumped by 183.21% to -$39.1 million in 2023, then surged by 123.73% to $9.3 million in 2024.
  • The last three Other Operating Expenses figures came in at $9.3 million (Q1 2024), -$39.1 million (Q4 2023), and $3.6 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn
5 Avis Budget 5.57 Bn 5.16 Bn -
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn

Historic Data

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DateValue
Mar 31, 2024 9.28 Mn
Dec 31, 2023 -39.12 Mn
Sep 30, 2023 3.56 Mn
Jun 30, 2023 27.95 Mn
Mar 31, 2023 11.22 Mn
Dec 31, 2022 47.01 Mn
Sep 30, 2022 28.42 Mn
Jun 30, 2022 24.51 Mn
Mar 31, 2022 10.28 Mn
Dec 31, 2021 28.45 Mn
Sep 30, 2021 23.18 Mn
Jun 30, 2021 22.55 Mn
Mar 31, 2021 18.89 Mn
Dec 31, 2020 35.44 Mn
Sep 30, 2020 30.97 Mn