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
Download Data| Date | Value |
|---|---|
| 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 |