Question 1

What is McGrath RentCorp's P/FCF ratio?

Accepted Answer

McGrath RentCorp (MGRC) P/FCF ratio is 14.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for McGrath RentCorp?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For McGrath RentCorp specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is McGrath RentCorp's P/FCF ratio high or low?

Accepted Answer

McGrath RentCorp's P/FCF ratio of 14.8× is below its own 5-year average of 34.9× and below the sector median of 24.3×. That places the current reading at the 25th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is McGrath RentCorp's historical P/FCF ratio range?

Accepted Answer

In the available daily series, McGrath RentCorp (MGRC) P/FCF ratio has ranged from a low of 3.6× in 2005 to a high of 316.6× in 2018. The 5-year average is 34.9× and the 5-year median is 23.5×.

Question 7

What was McGrath RentCorp's P/FCF ratio in 2025?

Accepted Answer

McGrath RentCorp (MGRC) P/FCF ratio at the end of 2025 was 12.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does McGrath RentCorp's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$2.58B	$211M	12.2×	-7.0×	Dec 31, 2025
2024	$2.75B	$143M	19.2×	—	Dec 31, 2024
2023	$2.93B	-$178M	—	—	Dec 31, 2023
2022	$2.41B	-$10.9M	—	—	Dec 31, 2022
2021	$1.95B	$78.9M	24.7×	+4.5×	Dec 31, 2021
2020	$1.62B	$80.5M	20.1×	-206.3×	Dec 31, 2020
2019	$1.86B	$8.21M	226.4×	-90.1×	Dec 31, 2019
2018	$1.24B	$3.93M	316.6×	+230.9×	Dec 31, 2018
2017	$1.13B	$13.2M	85.6×	+67.6×	Dec 31, 2017
2016	$938M	$52.2M	18.0×	-125.8×	Dec 31, 2016
2015	$603M	$4.19M	143.7×	—	Dec 31, 2015
2014	$931M	-$42M	—	—	Dec 31, 2014
2013	$1.02B	-$10.9M	—	—	Dec 31, 2013
2012	$723M	-$19.6M	—	—	Dec 31, 2012
2011	$708M	-$42.9M	—	—	Dec 31, 2011
2010	$633M	-$34.3M	—	—	Dec 31, 2010
2009	$532M	$49.8M	10.7×	—	Dec 31, 2009
2008	$506M	-$10.6M	—	—	Dec 31, 2008
2007	$617M	-$19.6M	—	—	Dec 31, 2007
2006	$766M	-$15M	—	—	Dec 31, 2006
2005	$689M	-$34.2M	—	—	Dec 31, 2005
2004	$534M	$60.9M	8.8×	-20.4×	Dec 31, 2004
2003	$330M	$11.3M	29.2×	+20.5×	Dec 31, 2003
2002	$284M	$32.8M	8.6×	—	Dec 31, 2002


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Gorman-Rupp (GRC)	18.5×
Alamo Group (ALG)	18.0×
Allegion (ALLE)	17.8×
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ABM Industries (ABM)	7.2×
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P/FCF Ratio for McGrath RentCorp (MGRC) 2002-2026

P/FCF Ratio daily chart for McGrath RentCorp (MGRC)

Historical P/FCF Ratio for McGrath RentCorp (MGRC) from 2002 to 2025

About P/FCF Ratio at McGrath RentCorp (MGRC)

McGrath RentCorp P/FCF Ratio by Year

McGrath RentCorp P/FCF Ratio 2025: 12.2×

McGrath RentCorp P/FCF Ratio 2024: 19.2×

McGrath RentCorp P/FCF Ratio 2021: 24.7×

McGrath RentCorp P/FCF Ratio 2020: 20.1×

McGrath RentCorp P/FCF Ratio 2019: 226.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

McGrath RentCorp (MGRC) Key Financials