Mcgrath Rentcorp (MGRC) Tax Rate (2010 - 2026)

Mcgrath Rentcorp has reported Tax Rate for 17 years, with the latest figure 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.
• The five-year high for Tax Rate was 28.85% in Q2 2024, with the low at 8.81% in Q1 2023.
• Historically, Tax Rate has averaged 24.62% across 5 years, with a median of 25.7% in 2023.
• Annual changes were most pronounced in 2023 — Tax Rate slumped 1488 bps — and 2024, when it jumped 1476 bps.
• Mcgrath Rentcorp's Tax Rate 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 increased 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.