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% on a YoY basis from $7.8 million in Q2 2025, and up 44.15% quarter-over-quarter from $7.5 million in Q1 2026.
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Analysis
Mcgrath Rentcorp (MGRC) Work In Process (2023 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Work In Process for 4 consecutive years, with $10.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Work In Process rose 39.04% year-over-year to $10.8 million; the trailing twelve-month figure through Jun 2026 stood at $10.8 million (up 39.04% YoY), and the FY2025 full-year result was $4.1 million, down 62.26% from the prior year.
- Work In Process rose to $10.8 million in Q2 2026 per MGRC's latest filing, from $7.5 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.
- Historically, Work In Process has averaged $11.8 million across 4 years, with a median of $10.8 million in 2026.
- The sharpest annual moves came in 2024 and 2025: Work In Process jumped 164.95% in 2024, then sank 67.78% in 2025.
- Over 4 years, Work In Process stood at $4.1 million in 2023, then surged by 164.95% to $10.9 million in 2024, then slumped by 62.26% to $4.1 million in 2025, then jumped by 161.9% to $10.8 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $10.8 million, $7.5 million, and $4.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn |
| 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
Download Data
Historic 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 |
API Access
Mcgrath Rentcorp Work In Process 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=work-in-process&ticker=MGRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();