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Gross Profit for McGrath RentCorp (MGRC)

According to McGrath RentCorp's latest reported financial statements, the company's current gross profit (TTM) is $449.76M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

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TTM (last 4 quarters)

$449.76M

YoY change

-0.1%

5Y CAGR

+10.5%

Peak year (2024)

$435.42M

Cumulative gross profit

$5.75B

Gross Profit history chart for McGrath RentCorp (MGRC) from 1985 to 2025

Gross Profit history table for McGrath RentCorp (MGRC) from 1985 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$434.84M-0.1%
2024$435.42M+10.6%
2023$393.63M+51.8%
2022$259.29M-2.6%
2021$266.21M+0.9%
2020$263.75M-0.9%
2019$266.17M+14.1%
2018$233.25M+13.0%
2017$206.34M+12.0%
2016$184.17M+4.1%
2015$176.91M-2.9%
2014$182.22M+7.9%
2013$168.83M+0.3%
2012$168.29M+0.9%
2011$166.79M+27.5%
2010$130.79M+7.8%
2009$121.31M-10.6%
2008$135.74M+4.0%
2007$130.56M+7.2%
2006$121.83M-22.7%
2005$157.62M+31.1%
2004$120.21M+89.8%
2003$63.33M+33.8%
2002$47.33M-54.6%
2001$104.27M+2.0%
2000$102.21M+21.4%
1999$84.20M+2.4%
1998$82.20M+6.5%
1997$77.20M+11.4%
1996$69.30M+12.7%
1995$61.50M+24.7%
1994$49.30M+18.8%
1993$41.50M+4.0%
1992$39.90M+2.6%
1991$38.90M+5.7%
1990$36.80M+21.5%
1989$30.30M-14.9%
1988$35.60M+11.9%
1987$31.80M+80.7%
1986$17.60M+24.8%
1985$14.10M

Gross Profit values are taken from McGrath RentCorp's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, McGrath RentCorp (MGRC) gross profit totalled $434.84M – edged down 0.1% year-over-year.

Over 2020–2025 (5 years), McGrath RentCorp gross profit expanded at a +10.5% compound annual rate, with the latest reading among the more recent periods of the dataset.

$435.42M stands as the all-time-high annual gross profit, posted in 2024, against a low of $14.10M during 1985.

Within Industrials, McGrath RentCorp (MGRC) ranks 9th among 8 peers we track. The peer median for gross profit is $15.42B.

McGrath RentCorp Gross Profit by Year

McGrath RentCorp Gross Profit 2025: $434.84M

McGrath RentCorp gross profit in 2025 was $434.84M, edged down 0.1% below 2024.

McGrath RentCorp Gross Profit 2024: $435.42M

McGrath RentCorp gross profit in 2024 was $435.42M, grew 10.6% from 2023. This figure represents the highest annual value in the available history.

McGrath RentCorp Gross Profit 2023: $393.63M

McGrath RentCorp gross profit in 2023 was $393.63M, surged 51.8% from 2022.

McGrath RentCorp Gross Profit 2022: $259.29M

McGrath RentCorp gross profit in 2022 was $259.29M, edged down 2.6% below 2021.

McGrath RentCorp Gross Profit 2021: $266.21M

McGrath RentCorp gross profit in 2021 was $266.21M.

See more financial history for McGrath RentCorp (MGRC).

Sector peers — Gross Profit

Companies in the same sector as McGrath RentCorp, ranked by their latest gross profit.

CompanyGross ProfitSector
Caterpillar Inc. (CAT)$21.86BIndustrials
RTX Corporation (RTX)$17.79BIndustrials
GE Aerospace (GE)$16.89BIndustrials
Deere & Company (DE)$16.30BIndustrials
Union Pacific Corporation (UNP)$14.55BIndustrials
Honeywell International Inc. (HON)$13.83BIndustrials
Eaton Corporation plc (ETN)$10.32BIndustrials
The Boeing Company (BA)$4.29BIndustrials

Frequently asked questions

What is McGrath RentCorp's gross profit?

Latest reported gross profit for McGrath RentCorp (MGRC) is $449.76M (period ending December 31, 2025).

How has McGrath RentCorp gross profit changed year-over-year?

McGrath RentCorp (MGRC) gross profit changed -0.1% year-over-year on the latest annual filing.

What is the long-term growth rate of McGrath RentCorp gross profit?

McGrath RentCorp (MGRC) gross profit compound annual growth rate is +10.5% over the most recent 5 years available.

When did McGrath RentCorp gross profit hit its highest annual value?

McGrath RentCorp gross profit reached its highest annual value of $435.42M in 2024.

What was McGrath RentCorp gross profit in 2024?

McGrath RentCorp (MGRC) gross profit in 2024 was $435.42M.

What was McGrath RentCorp gross profit in 2025?

McGrath RentCorp (MGRC) gross profit in 2025 was $434.84M.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.