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% YoY from $13.5 million in Q2 2025, and up 26.7% on a QoQ basis from $9.8 million in Q1 2026.
Mcgrath Rentcorp (MGRC) Tax Provisions (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 17 years of Tax Provisions data on file, last reported at $12.5 million in Q2 2026.
- Quarterly Tax Provisions fell 7.58% year-over-year to $12.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $56.4 million (down 36.79% YoY) and the FY2025 annual result came in at $56.8 million, down 30.7% from the prior year.
- Tax Provisions advanced to $12.5 million in Q2 2026, from $9.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $53.5 million in Q3 2024 to a low of $1.1 million in Q1 2023.
- A 5-year average of $12.8 million and a median of $9.8 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions plunged 79.72% — and 2024, when it soared 533.15%.
- Tracing MGRC's Tax Provisions over 5 years: 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 30.27% to $12.5 million in 2026.
- The last three Tax Provisions figures came in at $12.5 million (Q2 2026), $9.8 million (Q1 2026), and $17.9 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.89 Bn | 33.86 Bn | 978.00 Mn | 90.00 Mn |
| 2 | AerCap Holdings | 23.44 Bn | 23.44 Bn | 2.02 Bn | 123.12 Mn |
| 3 | U-Haul Holding | 14.45 Bn | 14.45 Bn | - | - |
| 4 | Ryder System | 10.03 Bn | 10.03 Bn | 1.45 Bn | 52.00 Mn |
| 5 | Gatx | 6.36 Bn | 6.36 Bn | 555.30 Mn | 26.00 Mn |
| 6 | Herc Holdings | 5.78 Bn | 5.74 Bn | 713.00 Mn | 5.00 Mn |
| 7 | Avis Budget | 4.96 Bn | 4.41 Bn | - | 10.00 Mn |
| 8 | WillScot Holdings | 4.19 Bn | 4.17 Bn | 306.26 Mn | 17.04 Mn |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 12.46 Mn |
| 10 | Custom Truck One Source | 2.44 Bn | 2.43 Bn | 123.97 Mn | -1.42 Mn |
Historic Data
Download 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 |