Mcgrath Rentcorp (MGRC) Tax Rate (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Tax Rate came in at 27.01% in Q2 2026, down 25.0% YoY from 36.02% in Q2 2025, and up 1.25% on a QoQ basis from 26.68% in Q1 2026.
Mcgrath Rentcorp (MGRC) Tax Rate (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 17 years of Tax Rate data on file, last reported at 27.01% in Q2 2026.
- Quarterly Tax Rate fell 25.0% year-over-year to 27.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 26.95% (up 84.0% YoY) and the FY2025 annual result came in at 26.64%, up 52.0% from the prior year.
- Tax Rate advanced to 27.01% in Q2 2026, from 26.68% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 28.85% in Q2 2024 to a low of 8.81% in Q1 2023.
- A 5-year average of 24.76% and a median of 26.04% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 1488 bps — and 2024, when it jumped 1476 bps.
- Tracing MGRC's Tax Rate over 5 years: stood at 21.69% in 2022, then increased by 23 bps to 26.72% in 2023, then decreased by 6 bps to 25.04% in 2024, then rose by 5 bps to 26.4% in 2025, then gained by 2 bps to 27.01% in 2026.
- The last three Tax Rate figures came in at 27.01% (Q2 2026), 26.68% (Q1 2026), and 26.4% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.87 Bn | 33.85 Bn | 978.00 Mn | 28.48% |
| 2 | AerCap Holdings | 23.31 Bn | 23.31 Bn | 2.02 Bn | 15.48% |
| 3 | U-Haul Holding | 14.41 Bn | 14.41 Bn | - | - |
| 4 | Ryder System | 9.95 Bn | 9.95 Bn | 1.45 Bn | 28.11% |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn | 26.05% |
| 6 | Herc Holdings | 5.72 Bn | 5.68 Bn | 713.00 Mn | 20.83% |
| 7 | Avis Budget | 4.98 Bn | 4.42 Bn | - | 13.70% |
| 8 | WillScot Holdings | 4.15 Bn | 4.13 Bn | 306.26 Mn | 26.62% |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 27.01% |
| 10 | Custom Truck One Source | 2.42 Bn | 2.41 Bn | 123.97 Mn | -15.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.01% |
| Jun 30, 2026 | 27.01% |
| Jun 30, 2026 | 27.01% |
| Mar 31, 2026 | 26.68% |
| Mar 31, 2026 | 26.68% |
| Mar 31, 2026 | 26.68% |
| Dec 31, 2025 | 26.40% |
| Dec 31, 2025 | 26.40% |
| Dec 31, 2025 | 26.40% |
| Sep 30, 2025 | 27.71% |
| Sep 30, 2025 | 27.71% |
| Sep 30, 2025 | 27.71% |
| Jun 30, 2025 | 27.26% |
| Jun 30, 2025 | 27.26% |
| Jun 30, 2025 | 27.26% |
| Mar 31, 2025 | 24.60% |
| Mar 31, 2025 | 24.60% |
| Mar 31, 2025 | 24.60% |
| Dec 31, 2024 | 25.04% |
| Dec 31, 2024 | 25.04% |