McGrath RentCorp

McGrath RentCorpverified

MGRC

Price:

$101.88

Market Cap:

$2.50B

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 September 2024 (TTM) for McGrath RentCorp (MGRC) is 1.40

According to McGrath RentCorp’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of 30.10% compared to the average of 1.08 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 0.90. The current 1.40 Current Ratio has changed 15.40% 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

0.90

Median

0.84

Minimum

0.79

Maximum

1.43

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 = 40.03%

Maximum Annual Current Ratio = 1.43

Minimum Annual Increase = -30.71%

Minimum Annual Current Ratio = 0.79

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.824.22%
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 greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.81

5-year avg

0.81

10-year avg

0.90

McGrath RentCorp (MGRC) Current Ratio vs. Peers

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

McGrath RentCorp’s Current Ratio is greater than Alta Equipment Group Inc. (1.37), less than GATX Corporation (3.02), less than Mega Matrix Corp. (2.83), less than FTAI Aviation Ltd. (5.42), greater than Custom Truck One Source, Inc. (1.30), greater than Herc Holdings Inc. (1.23), less than The Aaron's Company, Inc. (2.95), less than PROG Holdings, Inc. (6.62), less than H&E Equipment Services, Inc. (1.49),

Build a custom stock screener for McGrath RentCorp (MGRC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like McGrath RentCorp using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

McGrath RentCorp (MGRC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like McGrath RentCorp or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is McGrath RentCorp's Current Ratio?

How is the Current Ratio calculated for McGrath RentCorp (MGRC)?

What is the highest Current Ratio for McGrath RentCorp (MGRC)?

What is the 3-year average Current Ratio for McGrath RentCorp (MGRC)?

What is the 5-year average Current Ratio for McGrath RentCorp (MGRC)?

How does the current Current Ratio for McGrath RentCorp (MGRC) compare to its historical average?