Mcgrath Rentcorp (MGRC) Work In Process (2023 - 2026)

Mcgrath Rentcorp posted quarterly Work In Process of $7.5 million for Q1 2026, down 42.64% year-on-year from $13.1 million in Q1 2025, and up 81.69% on a QoQ basis from $4.1 million in Q4 2025.

Mcgrath Rentcorp (MGRC) has 4 years of Work In Process data on file, last reported at $7.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Work In Process fell 42.64% year-over-year to $7.5 million; the trailing twelve-month figure through Mar 2026 stood at $7.5 million (down 42.64% YoY), and the FY2025 full-year result was $4.1 million, down 62.26% from the prior year.
  • Work In Process for Q1 2026 stood at $7.5 million, up from $4.1 million in the prior quarter.
  • Across five years, Work In Process topped out at $24.1 million in Q2 2024 and bottomed at $4.1 million in Q4 2023.
  • The 4-year median for Work In Process is $10.3 million (2024), against an average of $12.0 million.
  • The widest annual swing landed in 2024, when Work In Process soared 164.95%; it then slumped 67.78% in 2025.
  • A 4-year view of Work In Process shows it stood at $4.1 million in 2023, then jumped by 164.95% to $10.9 million in 2024, then tumbled by 62.26% to $4.1 million in 2025, then surged by 81.69% to $7.5 million in 2026.
  • The last three Work In Process figures came in at $7.5 million (Q1 2026), $4.1 million (Q4 2025), and $9.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn
5 Avis Budget 5.57 Bn 5.16 Bn -
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 7.49 Mn
Dec 31, 2025 4.12 Mn
Sep 30, 2025 9.60 Mn
Jun 30, 2025 7.77 Mn
Mar 31, 2025 13.06 Mn
Dec 31, 2024 10.92 Mn
Sep 30, 2024 18.79 Mn
Jun 30, 2024 24.10 Mn
Mar 31, 2024 19.56 Mn
Dec 31, 2023 4.12 Mn