Mcgrath Rentcorp (MGRC) Tax Rate (2010 - 2026)
Mcgrath Rentcorp (MGRC) posted Tax Rate of 27.01% for Q2 2026, down 0.25 percentage points from 27.26% a year earlier but up 0.33 percentage points from the prior quarter.
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Analysis
Mcgrath Rentcorp (MGRC) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Mcgrath Rentcorp was 26.95%, up 0.84 percentage points year-over-year; for FY2025, it came in at 26.64%, up 0.52 percentage points from FY2024.
- Annual Tax Rate has increased for three consecutive years, with a five-year change of +3.88 percentage points (FY2020 to FY2025).
- In prior years, Mcgrath Rentcorp's Tax Rate was 26.12% in FY2024 (+0.96 pp), 25.16% in FY2023 (+1.87 pp), 23.30% in FY2022 (-3.23 pp) and 26.53% in FY2021 (+3.77 pp).
- Quarterly Tax Rate has run from a low of 8.81% in Q1 2023 to a high of 29.41% in Q4 2021 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +0.17 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2024, with a gain of 14.76 percentage points; the weakest was Q1 2023, with a drop of 14.88 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 26.68% (Q1 2026), 26.40% (Q4 2025) and 27.71% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.99 Bn | 63.76 Bn | 1.73 Bn | 25.22% |
| 2 | W.W. Grainger | 62.80 Bn | 60.40 Bn | 1.98 Bn | 24.81% |
| 3 | Fastenal | 59.07 Bn | 57.99 Bn | 1.06 Bn | 23.76% |
| 4 | Ferguson Enterprises | 43.96 Bn | 41.18 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 31.46 Bn | 31.34 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 21.23 Bn | 20.27 Bn | 1.30 Bn | 24.71% |
| 7 | Wesco International | 16.66 Bn | 13.98 Bn | 1.46 Bn | 22.94% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.24 Bn | 411.22 Mn | 24.84% |
| 9 | Watsco | 11.47 Bn | 9.16 Bn | 578.93 Mn | 20.91% |
| 10 | Mcgrath Rentcorp | 2.74 Bn | 2.73 Bn | 107.91 Mn | 27.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.01% |
| Mar 31, 2026 | 26.68% |
| Dec 31, 2025 | 26.40% |
| Sep 30, 2025 | 27.71% |
| Jun 30, 2025 | 27.26% |
| Mar 31, 2025 | 24.60% |
| Dec 31, 2024 | 25.04% |
| Sep 30, 2024 | 26.38% |
| Jun 30, 2024 | 28.85% |
| Mar 31, 2024 | 23.57% |
| Dec 31, 2023 | 26.72% |
| Sep 30, 2023 | 27.29% |
| Jun 30, 2023 | 25.70% |
| Mar 31, 2023 | 8.81% |
| Dec 31, 2022 | 21.69% |
| Sep 30, 2022 | 25.30% |
| Jun 30, 2022 | 22.91% |
| Mar 31, 2022 | 23.69% |
| Dec 31, 2021 | 29.41% |
| Sep 30, 2021 | 28.68% |
API Access
Mcgrath Rentcorp Tax Rate 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-rate&ticker=MGRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();