McGrath RentCorp

McGrath RentCorp - Current Ratioverified

MGRC

Price:

$118.19

Market Cap:

$2.90B

McGrath RentCorp (MGRC) operates as a diversified business-to-business provider of rental solutions, serving clients across the United States and internationally. Its primary offerings encompass a range of temporary infrastructure and specialized equipment, including versatile modular structures, portable storage units, advanced electronic testing apparatus, and various liquid and solid containment solutions. The company's operations are divided into four distinct segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. Mobile Modular specializes in the rental and sale of adaptable modular buildings and portable storage containers. These structures cater to diverse applications s...[Read more]

Industry

Rental & Leasing Services

IPO Date

1984-11-13

Stock Exchange

NASDAQ

Ticker

MGRC

The Current Ratio as of June 2026 (TTM) for McGrath RentCorp (MGRC) is 0.84

According to McGrath RentCorp’s latest financial reports and current stock price. The company's current Current Ratio is 0.84. This represents a change of -35.12% compared to the average of 1.29 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 1.26. The current 0.84 Current Ratio has changed 6.58% with respect to the historical average. Over the past ten years (40 quarters), MGRC's Current Ratio was at its highest in in the March 2025 quarter at 1.56. The Current Ratio was at its lowest in in the March 2023 quarter at 0.81.

Quarterly (TTM)
Annual

Average

1.26

Median

1.25

Minimum

1.13

Maximum

1.36

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 = 20.55%

Maximum Annual Current Ratio = 1.36

Minimum Annual Increase = -16.07%

Minimum Annual Current Ratio = 1.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.360.83%
20241.35-1.13%
20231.3620.55%
20221.13-4.30%
20211.182.72%
20201.15-3.77%
20191.19-11.41%
20181.357.54%
20171.250.36%
20161.25-16.07%

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

1.36

5-year avg

1.28

10-year avg

1.26

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 Triton International Limited (2.17), less than FTAI Aviation Ltd. (5.24), less than Corporación América Airports S.A. (1.40), less than Hafnia Limited (1.60), less than AZZ Inc. (1.70), less than ABM Industries Incorporated (1.46),

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