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

Mcgrath Rentcorp (MGRC) reported Other Operating Expenses of $9.3 million for Q1 2024, down 17.3% on a YoY basis from $11.2 million in Q2 2023, and up 123.73% quarter-over-quarter from -$39.1 million in Q4 2023.

Mcgrath Rentcorp (MGRC) Other Operating Expenses (2020 - 2024) Analysis & Trends

Mcgrath Rentcorp has reported Other Operating Expenses for 5 years, with the latest figure 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.
  • The five-year high for Other Operating Expenses was $47.0 million in Q4 2022, with the low at -$39.1 million in Q4 2023.
  • Historically, Other Operating Expenses has averaged $18.8 million across 5 years, with a median of $23.2 million in 2021.
  • Annual changes were most pronounced in 2022 — Other Operating Expenses surged 65.24% — and 2023, when it slumped 183.21%.
  • Mcgrath Rentcorp's Other Operating Expenses stood at $35.4 million in 2020, then declined by 19.74% to $28.4 million in 2021, then surged by 65.24% to $47.0 million in 2022, then tumbled by 183.21% to -$39.1 million in 2023, then jumped 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 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn
3 Avis Budget 6.65 Bn 6.24 Bn -
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn -
10 Vestis 1.70 Bn 1.65 Bn 173.69 Mn

Historic Data

Download Data
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