Mcgrath Rentcorp (MGRC) Work In Process (2023 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Work In Process came in at $10.8 million in Q2 2026, up 39.04% YoY from $7.8 million in Q2 2025, and up 44.15% on a QoQ basis from $7.5 million in Q1 2026.
Mcgrath Rentcorp (MGRC) Work In Process (2023 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 4 years of Work In Process data on file, last reported at $10.8 million in Q2 2026.
- Quarterly Work In Process rose 39.04% year-over-year to $10.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $10.8 million (up 39.04% YoY) and the FY2025 annual result came in at $4.1 million, down 62.26% from the prior year.
- Work In Process advanced to $10.8 million in Q2 2026, from $7.5 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $24.1 million in Q2 2024 to a low of $4.1 million in Q4 2023.
- A 4-year average of $11.8 million and a median of $10.8 million in 2026 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2024 — Work In Process soared 164.95% — and 2025, when it plunged 67.78%.
- Tracing MGRC's Work In Process over 4 years: stood at $4.1 million in 2023, then soared by 164.95% to $10.9 million in 2024, then plunged by 62.26% to $4.1 million in 2025, then surged by 161.9% to $10.8 million in 2026.
- The last three Work In Process figures came in at $10.8 million (Q2 2026), $7.5 million (Q1 2026), and $4.1 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.78 Bn | 33.75 Bn | 978.00 Mn |
| 2 | AerCap Holdings | 23.48 Bn | 23.48 Bn | 2.02 Bn |
| 3 | U-Haul Holding | 14.46 Bn | 14.46 Bn | - |
| 4 | Ryder System | 10.05 Bn | 10.05 Bn | 1.45 Bn |
| 5 | Gatx | 6.36 Bn | 6.36 Bn | 555.30 Mn |
| 6 | Herc Holdings | 5.75 Bn | 5.71 Bn | 713.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.43 Bn | - |
| 8 | WillScot Holdings | 4.19 Bn | 4.17 Bn | 306.26 Mn |
| 9 | Mcgrath Rentcorp | 2.95 Bn | 2.95 Bn | 107.91 Mn |
| 10 | Custom Truck One Source | 2.43 Bn | 2.42 Bn | 123.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.80 Mn |
| 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 |