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McGrath RentCorpMGRC -0.90%89 Debt-to-Equity is 0.47 as of Jun. 2026, which is 16% below its 10-year median of 0.56. GuruFocus rates MGRC with a GF Score™ of 89/100 and a GF Value™ of $119.00 (Fairly Valued). The stock has 5 warning signs investors should review. Among 957 Business Services companies, McGrath RentCorp ranks worse than 58.73% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for McGrath RentCorp's Debt-to-Equity or its related term are showing as below:
MGRC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.56 Max: 0.88
Current: 0.47
During the past 13 years, the highest Debt-to-Equity Ratio of McGrath RentCorp was 0.88. The lowest was 0.30. And the median was 0.56.
MGRC's Debt-to-Equity is ranked worse than 58.73% of 957
companies
in the Business Services industry
Industry Median: 0.33
vs MGRC: 0.47
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
McGrath RentCorp Debt-to-Equity Related Terms
McGrath RentCorp Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for McGrath RentCorp's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MGRC vs CTOS, VSTS, LIME: Debt-to-Equity Comparison
For the Rental & Leasing Services subindustry, McGrath RentCorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
McGrath RentCorp Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, McGrath RentCorp's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where McGrath RentCorp's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
McGrath RentCorp (MGRC) has a Debt-to-Equity of 0.47 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on McGrath RentCorp and its competitors. This is 16% below median its historical median of 0.56. Over the past decade, McGrath RentCorp's Debt-to-Equity has ranged from 0.30 to 0.88. According to the industry distribution chart, McGrath RentCorp ranks #562 out of 957 companies in the Business Services industry, placing it in the top 58.7%.
Is McGrath RentCorp's Debt-to-Equity too high?
McGrath RentCorp's current Debt-to-Equity of 0.47 is 16% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.88. The Business Services industry median Debt-to-Equity is 0.33. McGrath RentCorp's value of 0.47 is 42.4% above this industry median. Based on the distribution chart, McGrath RentCorp ranks #562 out of 957 companies in the Business Services industry, which is below the industry midpoint. Overall, McGrath RentCorp has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Debt-to-Equity compare to CTOS and VSTS?
According to the Business Services industry distribution chart, McGrath RentCorp ranks #562 out of 957 companies for Debt-to-Equity. This places McGrath RentCorp in the lower half of its industry. The industry median Debt-to-Equity is 0.33. McGrath RentCorp's value of 0.47 is 42.4% above this benchmark. Historically, McGrath RentCorp's own Debt-to-Equity has ranged from 0.30 to 0.88 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.33, McGrath RentCorp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McGrath RentCorp's current Debt-to-Equity of 0.47 is 42.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on McGrath RentCorp and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McGrath RentCorp's current Debt-to-Equity is 0.47, which is 16% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McGrath RentCorp stock overvalued right now?
Based on GuruFocus' analysis, McGrath RentCorp (MGRC) is currently considered Fairly Valued. The stock's GF Value™ is $119.00, compared to a current price of $121.04 — trading 1.7% above its estimated fair value. The current Debt-to-Equity is 0.47, which is 16% below median its 10-year median of 0.56 and 42.4% above the Business Services industry median of 0.33. McGrath RentCorp's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For McGrath RentCorp (MGRC), the current Debt-to-Equity is 0.47 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is McGrath RentCorp (MGRC) Overvalued in 2026?
Based on GuruFocus' analysis, McGrath RentCorp stock appears to be overvalued.
The current stock price of $121.04 is trading 1.7% above its estimated GF Value™ of $119.00.
GuruFocus considers McGrath RentCorp to be Fairly Valued.
Key valuation signals for MGRC:
Debt-to-Equity: 0.47 (16% below median its 10-year median of 0.56)
GF Value™: $119.00 vs. price of $121.04 (1.7% above fair value)
Industry Position: 42.4% above the Business Services median (#562 of 957)
No single metric tells the full story. See the MGRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
89GF Score
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