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% on a YoY basis from 36.02% in Q2 2025, and up 1.25% quarter-over-quarter from 26.68% in Q1 2026.
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Analysis
Mcgrath Rentcorp (MGRC) Tax Rate (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Tax Rate for 17 consecutive years, with 27.01% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 25.0% year-over-year to 27.01%; the trailing twelve-month figure through Jun 2026 stood at 26.95% (up 84.0% YoY), and the FY2025 full-year result was 26.64%, up 52.0% from the prior year.
- Tax Rate rose to 27.01% in Q2 2026 per MGRC's latest filing, from 26.68% in the prior quarter.
- Across five years, Tax Rate topped out at 28.85% in Q2 2024 and bottomed at 15.33% in Q4 2022.
- Historically, Tax Rate has averaged 21.92% across 5 years, with a median of 26.04% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 4375 bps in 2022, then soared 4205 bps in 2023.
- Over 5 years, Tax Rate stood at 15.33% in 2022, then soared by 274 bps to 26.72% in 2023, then dropped by 6 bps to 25.04% in 2024, then advanced by 5 bps to 26.4% in 2025, then climbed by 2 bps to 27.01% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.01%, 26.68%, and 26.4% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 25.89% |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 20.83% |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 42.42% |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 26.62% |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 27.01% |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -5.88% |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | -15.85% |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 24.58% |
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 | -15.33% |
| Sep 30, 2022 | 25.30% |
| Jun 30, 2022 | 22.91% |
| Mar 31, 2022 | 9.68% |
| Dec 31, 2021 | 28.42% |
| 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();