MGRC Mcgrath Rentcorp margins

Relative Growth: Rel. Growth: 76

Relative Strength: Rel. Strength: 73

Relative Valuation: Rel. Valuation: 59

Relative Profitability: Rel. Profitability: 68

Gross margin

48.8%

Operating margin

25.7%

EBITDA margin

37.7%

Net margin

16.8%

The Mcgrath Rentcorp reports a gross margin of 48.8%, an operating margin of 25.7%, an EBITDA margin of 37.7%, and a net margin of 16.8%. EBITDA margin led the improvement across the available margins, expanding by 1.5 percentage points.

MGRC margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Mcgrath Rentcorp's margins averaged 47.98% gross, 25.62% operating, 42.45% EBITDA, and 19.52% net. For Mcgrath Rentcorp, gross and operating margins are above their three-year averages, while EBITDA and net margins are below their three-year averages.

MGRC margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 1.4 percentage points, operating margin by 0.7 percentage points, EBITDA margin by 1.5 percentage points, and net margin by 1.2 percentage points, led by EBITDA margin with an increase of 1.5 percentage points.

Gross margin expansion

1.4pp

Operating margin expansion

0.7pp

EBITDA margin expansion

1.5pp

Net margin expansion

1.2pp

MGRC Gross margin

Mcgrath Rentcorp's gross margin averaged 47.98% over the last 3 years. As of the latest period, the current gross margin for Mcgrath Rentcorp is 48.8%, 0.8 percentage points above its three-year average. Over the last 3 years, Mcgrath Rentcorp's gross margin peaked at 48.8% in Sep 2026 and reached a low of 47.3% in Dec 2023.

MGRC Operating margin

Over the last 3 years, the average operating margin for Mcgrath Rentcorp was 25.62%. The latest operating margin for Mcgrath Rentcorp is 25.7%, 0.1 percentage points above its three-year average. Mcgrath Rentcorp's operating margin ranged from a low of 22.8% in Dec 2023 to a high of 26.8% in Dec 2024.

MGRC EBITDA margin

Over the last 3 years, the average EBITDA margin for Mcgrath Rentcorp was 42.45%. Currently, the current EBITDA margin for Mcgrath Rentcorp is 37.7%, 4.8 percentage points below its three-year average. Mcgrath Rentcorp's EBITDA margin ranged from a low of 36.2% in Sep 2025 to a high of 52.2% in Sep 2024.

MGRC Net margin

Across the last 3 years, Mcgrath Rentcorp's net margin averaged 19.52%. Currently, Mcgrath Rentcorp's current net margin is 16.8%, which is 2.7 percentage points below its three-year average. Net margin was highest at 26.8% in Jun 2025 and lowest at 13.4% in Jun 2024.

MGRC margin group comparison

Margins compared with peer-group, industry and sector averages

Mcgrath Rentcorp's gross margin of 48.8% is above the Industrials sector and the industry average. In comparison with its Industrials sector average of 32.4%, Mcgrath Rentcorp's gross margin is 51% higher.

MGRC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Mcgrath Rentcorp's gross margin?

As of Sep 30, 2026, MGRC has a gross margin of 48.8%.

What is Mcgrath Rentcorp's operating margin?

The current operating margin for MGRC is 25.7% as of Sep 30, 2026.

What is Mcgrath Rentcorp's EBITDA margin?

As of Sep 30, 2026, MGRC has an EBITDA margin of 37.7%.

What is Mcgrath Rentcorp's net margin?

As of Sep 30, 2026, MGRC has a net margin of 16.8%.

What are the average margins of MGRC?

The three-year average margins for MGRC were 48.0% gross, 25.6% operating, 42.5% EBITDA, and 19.5% net.

What are the highest historical margins of MGRC?

Mcgrath Rentcorp's highest recorded margins during the past 5 years were 48.8% gross in Sep 2026, 26.8% operating in Dec 2024, 52.2% EBITDA in Sep 2024, and 26.8% net in Jun 2025.

What are the lowest historical margins of MGRC?

Across the 5-year period, MGRC posted its lowest margins at 45.7% gross in Jun 2022, 21% operating in Mar 2023, 36.2% EBITDA in Sep 2025, and 13.4% net in Jun 2024.