Mcgrath Rentcorp (MGRC) Tax Provisions (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Tax Provisions came in at $12.5 million in Q2 2026, down 7.58% on a YoY basis from $13.5 million in Q2 2025, and up 26.7% quarter-over-quarter from $9.8 million in Q1 2026.
Mcgrath Rentcorp (MGRC) Tax Provisions (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Tax Provisions for 17 consecutive years, with $12.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 7.58% year-over-year to $12.5 million; the trailing twelve-month figure through Jun 2026 stood at $56.4 million (down 36.79% YoY), and the FY2025 full-year result was $56.8 million, down 30.7% from the prior year.
- Tax Provisions rose to $12.5 million in Q2 2026 per MGRC's latest filing, from $9.8 million in the prior quarter.
- Across five years, Tax Provisions topped out at $53.5 million in Q3 2024 and bottomed at $1.1 million in Q1 2023.
- Historically, Tax Provisions has averaged $12.8 million across 5 years, with a median of $9.8 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions sank 79.72% in 2023, then jumped 533.15% in 2024.
- Over 5 years, Tax Provisions stood at $9.7 million in 2022, then gained by 20.5% to $11.7 million in 2023, then advanced by 11.42% to $13.0 million in 2024, then surged by 37.39% to $17.9 million in 2025, then tumbled by 30.27% to $12.5 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $12.5 million, $9.8 million, and $17.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 153.00 Mn |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 5.00 Mn |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 14.00 Mn |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 17.04 Mn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 12.46 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 500,000.00 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | -1.42 Mn |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 3.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.46 Mn |
| 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 | 11.25 Mn |
| Sep 30, 2021 | 9.35 Mn |
Mcgrath Rentcorp Tax Provisions 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=tax-provisions&ticker=MGRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();