Mcgrath Rentcorp (MGRC) Tax Rate (2010 - 2026)
Mcgrath Rentcorp posted quarterly Tax Rate of 26.68% for Q1 2026, up 208.0% year-on-year from 8.66% in Q1 2025, and up 1.06% on a QoQ basis from 26.4% in Q4 2025.
Mcgrath Rentcorp (MGRC) has 17 years of Tax Rate data on file, last reported at 26.68% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 208.0% year-over-year to 26.68%; the trailing twelve-month figure through Mar 2026 stood at 27.01% (up 83.0% YoY), and the FY2025 full-year result was 26.64%, up 52.0% from the prior year.
- Tax Rate for Q1 2026 stood at 26.68%, up from 26.4% in the prior quarter.
- Across five years, Tax Rate topped out at 28.85% in Q2 2024 and bottomed at 8.81% in Q1 2023.
- The 5-year median for Tax Rate is 25.7% (2023), against an average of 24.62%.
- The widest annual swing landed in 2023, when Tax Rate plunged 1488 bps; it then jumped 1476 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 21.69% in 2022, then rose by 23 bps to 26.72% in 2023, then slipped by 6 bps to 25.04% in 2024, then gained by 5 bps to 26.4% in 2025, then rose by 1 bps to 26.68% in 2026.
- The last three Tax Rate figures came in at 26.68% (Q1 2026), 26.4% (Q4 2025), and 27.71% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 18.58 |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 21.19 |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 28.33 |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 26.67 |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | 31.18 |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | - |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | -4.35 |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 26.68 |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | -7.81 |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | -3.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.68 |
| Mar 31, 2026 | 26.68 |
| Dec 31, 2025 | 26.40 |
| Dec 31, 2025 | 26.40 |
| Sep 30, 2025 | 27.71 |
| Sep 30, 2025 | 27.71 |
| Jun 30, 2025 | 27.26 |
| Jun 30, 2025 | 27.26 |
| Mar 31, 2025 | 24.60 |
| Mar 31, 2025 | 24.60 |
| Dec 31, 2024 | 25.04 |
| Dec 31, 2024 | 25.04 |
| Sep 30, 2024 | 26.38 |
| Sep 30, 2024 | 26.38 |
| Jun 30, 2024 | 28.85 |
| Jun 30, 2024 | 28.85 |
| Mar 31, 2024 | 23.57 |
| Mar 31, 2024 | 23.57 |
| Dec 31, 2023 | 26.72 |
| Dec 31, 2023 | 26.72 |
| Sep 30, 2023 | 27.29 |
| Sep 30, 2023 | 27.29 |
| Jun 30, 2023 | 25.70 |
| Jun 30, 2023 | 25.70 |
| Mar 31, 2023 | 8.81 |
| Mar 31, 2023 | 8.81 |
| Dec 31, 2022 | 21.69 |
| Dec 31, 2022 | 21.69 |
| Sep 30, 2022 | 25.30 |
| Sep 30, 2022 | 25.30 |
| Jun 30, 2022 | 22.91 |
| Jun 30, 2022 | 22.91 |
| Mar 31, 2022 | 23.69 |
| Mar 31, 2022 | 23.69 |
| Dec 31, 2021 | 25.07 |
| Dec 31, 2021 | 25.07 |
| Sep 30, 2021 | 28.68 |
| Sep 30, 2021 | 28.68 |
| Jun 30, 2021 | 24.64 |
| Jun 30, 2021 | 24.64 |
| Mar 31, 2021 | 21.30 |
| Mar 31, 2021 | 21.30 |
| Dec 31, 2020 | 20.69 |
| Dec 31, 2020 | 20.69 |
| Sep 30, 2020 | 20.83 |
| Sep 30, 2020 | 20.83 |
| Jun 30, 2020 | 26.37 |
| Jun 30, 2020 | 26.37 |
| Mar 31, 2020 | 24.25 |
| Mar 31, 2020 | 24.25 |
| Dec 31, 2019 | 25.53 |
| Dec 31, 2019 | 25.53 |
| Sep 30, 2019 | 25.28 |
| Sep 30, 2019 | 25.28 |
| Jun 30, 2019 | 24.95 |
| Jun 30, 2019 | 24.95 |
| Mar 31, 2019 | 23.92 |
| Mar 31, 2019 | 23.92 |
| Dec 31, 2018 | -13.32 |
| Dec 31, 2018 | -13.32 |
| Sep 30, 2018 | 23.88 |
| Sep 30, 2018 | 23.88 |
| Jun 30, 2018 | 24.61 |
| Jun 30, 2018 | 24.61 |
| Mar 31, 2018 | 23.94 |
| Mar 31, 2018 | 23.94 |
| Dec 31, 2017 | -391.56 |
| Dec 31, 2017 | -391.56 |
| Sep 30, 2017 | 38.68 |
| Sep 30, 2017 | 38.68 |
| Jun 30, 2017 | 39.39 |
| Jun 30, 2017 | 39.39 |
| Mar 31, 2017 | 39.87 |
| Mar 31, 2017 | 39.87 |
| Dec 31, 2016 | 11.70 |
| Dec 31, 2016 | 11.70 |
| Sep 30, 2016 | 39.50 |
| Sep 30, 2016 | 39.50 |
| Jun 30, 2016 | 39.50 |
| Jun 30, 2016 | 39.50 |
| Mar 31, 2016 | 39.50 |
| Mar 31, 2016 | 39.50 |
| Dec 31, 2015 | 37.82 |
| Dec 31, 2015 | 37.82 |
| Sep 30, 2015 | 39.50 |
| Sep 30, 2015 | 39.50 |
| Jun 30, 2015 | 39.50 |
| Jun 30, 2015 | 39.50 |
| Mar 31, 2015 | 39.50 |
| Mar 31, 2015 | 39.50 |
| Dec 31, 2014 | -38.44 |
| Dec 31, 2014 | -38.44 |
| Sep 30, 2014 | 39.20 |
| Sep 30, 2014 | 39.20 |
| Jun 30, 2014 | 39.23 |
| Jun 30, 2014 | 39.23 |
| Mar 31, 2014 | 39.15 |
| Mar 31, 2014 | 39.15 |
| Dec 31, 2013 | -78.53 |
| Dec 31, 2013 | -78.53 |
| Sep 30, 2013 | 39.20 |
| Sep 30, 2013 | 39.20 |
| Jun 30, 2013 | 39.20 |
| Jun 30, 2013 | 39.20 |
| Mar 31, 2013 | 39.20 |
| Mar 31, 2013 | 39.20 |
| Dec 31, 2012 | 36.68 |
| Dec 31, 2012 | 36.68 |
| Sep 30, 2012 | 39.20 |
| Sep 30, 2012 | 39.20 |
| Jun 30, 2012 | 39.20 |
| Jun 30, 2012 | 39.20 |
| Mar 31, 2012 | 39.20 |
| Mar 31, 2012 | 39.20 |
| Dec 31, 2011 | -83.42 |
| Dec 31, 2011 | -83.42 |
| Sep 30, 2011 | 39.20 |
| Sep 30, 2011 | 39.20 |
| Jun 30, 2011 | 39.20 |
| Jun 30, 2011 | 39.20 |
| Mar 31, 2011 | 39.20 |
| Mar 31, 2011 | 39.20 |
| Dec 31, 2010 | 37.12 |
| Dec 31, 2010 | 37.12 |
| Sep 30, 2010 | 38.80 |
| Sep 30, 2010 | 38.80 |
| Jun 30, 2010 | 38.81 |
| Jun 30, 2010 | 38.81 |