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| Date | Value |
|---|---|
| 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 |