McGrath RentCorp

McGrath RentCorpverified

MGRC

Price:

$112.56

Market Cap:

$2.76B

McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable s...[Read more]

Industry

Rental & Leasing Services

IPO Date

1984-11-13

Stock Exchange

NASDAQ

Ticker

MGRC

The Current Ratio as of December 2024 (TTM) for McGrath RentCorp (MGRC) is 0.81

According to McGrath RentCorp’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of -26.79% compared to the average of 1.11 of the last 4 quarters.

McGrath RentCorp (MGRC) Historical Current Ratio (quarterly & annually)

How has MGRC Current Ratio performed in the past?

The mean historical Current Ratio of McGrath RentCorp over the last ten years is 1.03. The current 0.81 Current Ratio has changed 7.80% with respect to the historical average. Over the past ten years (40 quarters), MGRC's Current Ratio was at its highest in in the December 2014 quarter at 1.43. The Current Ratio was at its lowest in in the March 2023 quarter at 0.56.

Quarterly (TTM)
Annual

Average

1.03

Median

0.85

Minimum

0.79

Maximum

2.05

McGrath RentCorp (MGRC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of McGrath RentCorp Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 160.89%

Maximum Annual Current Ratio = 2.05

Minimum Annual Increase = -30.71%

Minimum Annual Current Ratio = 0.79

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.05160.89%
20220.79-4.89%
20210.832.27%
20200.811.57%
20190.79-8.84%
20180.871.05%
20170.862.13%
20160.84-14.86%
20150.99-30.71%
20141.4340.03%

McGrath RentCorp (MGRC) Average Current Ratio

How has MGRC Current Ratio performed in the past?

The current Current Ratio of McGrath RentCorp (MGRC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.22

5-year avg

1.05

10-year avg

1.03

McGrath RentCorp (MGRC) Current Ratio vs. Peers

How is MGRC’s Current Ratio compared to its peers?

McGrath RentCorp’s Current Ratio is less than Alta Equipment Group Inc. (1.35), less than GATX Corporation (2.10), less than Mega Matrix Corp. (2.67), less than FTAI Aviation Ltd. (3.91), less than Custom Truck One Source, Inc. (1.28), less than Herc Holdings Inc. (1.22), less than The Aaron's Company, Inc. (2.95), less than PROG Holdings, Inc. (10.85), less than H&E Equipment Services, Inc. (1.49),

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