Mcgrath Rentcorp (MGRC) Tax Provisions (2010 - 2026)
Mcgrath Rentcorp (MGRC) reported Tax Provisions of $9.8 million for Q1 2026, up 6.85% on a YoY basis from $9.2 million in Q1 2025, and down 44.97% quarter-over-quarter from $17.9 million in Q4 2025.
Mcgrath Rentcorp (MGRC) Tax Provisions (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp has reported Tax Provisions for 17 years, with the latest figure at $9.8 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 6.85% year-over-year to $9.8 million; the trailing twelve-month figure through Mar 2026 stood at $57.4 million (down 31.72% YoY), and the FY2025 full-year result was $56.8 million, down 30.7% from the prior year.
- Tax Provisions for Q1 2026 stood at $9.8 million, down from $17.9 million in the prior quarter.
- The five-year high for Tax Provisions was $53.5 million in Q3 2024, with the low at $1.1 million in Q1 2023.
- Historically, Tax Provisions has averaged $12.8 million across 5 years, with a median of $9.7 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions plunged 79.72% — and 2024, when it soared 533.15%.
- Mcgrath Rentcorp's Tax Provisions stood at $9.7 million in 2022, then increased by 20.5% to $11.7 million in 2023, then rose by 11.42% to $13.0 million in 2024, then soared by 37.39% to $17.9 million in 2025, then sank by 44.97% to $9.8 million in 2026.
- The last three Tax Provisions figures came in at $9.8 million (Q1 2026), $17.9 million (Q4 2025), and $16.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 14.61 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 25.00 Mn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | -106.00 Mn |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 21.20 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 | 1.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 9.84 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 297,000.00 |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | -85,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.84 Mn |
| Dec 31, 2025 | 17.87 Mn |
| Sep 30, 2025 | 16.21 Mn |
| Jun 30, 2025 | 13.48 Mn |
| Mar 31, 2025 | 9.21 Mn |
| Dec 31, 2024 | 13.01 Mn |
| Sep 30, 2024 | 53.50 Mn |
| Jun 30, 2024 | 8.36 Mn |
| Mar 31, 2024 | 7.05 Mn |
| Dec 31, 2023 | 11.68 Mn |
| Sep 30, 2023 | 15.15 Mn |
| Jun 30, 2023 | 9.67 Mn |
| Mar 31, 2023 | 1.11 Mn |
| Dec 31, 2022 | 9.69 Mn |
| Sep 30, 2022 | 9.18 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 5.49 Mn |
| Dec 31, 2021 | 9.93 Mn |
| Sep 30, 2021 | 9.35 Mn |
| Jun 30, 2021 | 6.74 Mn |