Mcgrath Rentcorp (MGRC) Times Interest Earned (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Times Interest Earned came in at 7.49 in Q2 2026, up 2.14% on a YoY basis from 7.33 in Q2 2025, and up 12.19% quarter-over-quarter from 6.68 in Q1 2026.
Mcgrath Rentcorp (MGRC) Times Interest Earned (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Times Interest Earned for 17 consecutive years, with 7.49 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Times Interest Earned rose 2.14% year-over-year to 7.49; the trailing twelve-month figure through Jun 2026 stood at 8.4 (up 30.81% YoY), and the FY2025 full-year result was 7.96, up 53.87% from the prior year.
- Times Interest Earned improved to 7.49 in Q2 2026 per MGRC's latest filing, from 6.68 in the prior quarter.
- Across five years, Times Interest Earned topped out at 13.66 in Q2 2022 and bottomed at 2.66 in Q1 2023.
- Historically, Times Interest Earned has averaged 7.37 across 5 years, with a median of 6.9 in 2024.
- The sharpest annual moves came in 2023 and 2025: Times Interest Earned sank 77.86% in 2023, then surged 75.73% in 2025.
- Over 5 years, Times Interest Earned stood at 9.0 in 2022, then tumbled by 48.96% to 4.59 in 2023, then jumped by 55.12% to 7.12 in 2024, then jumped by 60.41% to 11.42 in 2025, then tumbled by 34.43% to 7.49 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered 7.49, 6.68, and 11.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | - |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 1.29 |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | - |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 7.49 |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -10.27 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.49 |
| Mar 31, 2026 | 6.68 |
| Dec 31, 2025 | 11.42 |
| Sep 30, 2025 | 8.16 |
| Jun 30, 2025 | 7.33 |
| Mar 31, 2025 | 5.59 |
| Dec 31, 2024 | 7.12 |
| Sep 30, 2024 | 5.91 |
| Jun 30, 2024 | 4.17 |
| Mar 31, 2024 | 4.10 |
| Dec 31, 2023 | 4.59 |
| Sep 30, 2023 | 6.04 |
| Jun 30, 2023 | 4.78 |
| Mar 31, 2023 | 2.66 |
| Dec 31, 2022 | 9.00 |
| Sep 30, 2022 | 11.89 |
| Jun 30, 2022 | 13.66 |
| Mar 31, 2022 | 12.02 |
| Dec 31, 2021 | 33.61 |
| Sep 30, 2021 | 11.33 |
Mcgrath Rentcorp Times Interest Earned 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=times-interest-earned&ticker=MGRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();