MGRC (McGrath RentCorp) Quick Ratio: 0.80 (As of Mar. 2026) — Near Median


MGRC McGrath RentCorp MGRC
90 GF Score
Price $123.33
GF Value $122.13
Valuation Fairly Valued
! 6 Warning Signs
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What is McGrath RentCorp Quick Ratio?

McGrath RentCorp MGRC 90 Quick Ratio is 0.80 as of Mar. 2026, which is 1% above its 10-year median of 0.79. GuruFocus rates MGRC with a GF Score™ of 90/100 and a GF Value™ of $122.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,092 Business Services companies, McGrath RentCorp ranks worse than 83.61% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. McGrath RentCorp's quick ratio for the quarter that ended in Mar. 2026 was 0.80.

McGrath RentCorp has a quick ratio of 0.80. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for McGrath RentCorp's Quick Ratio or its related term are showing as below:

MGRC' s Quick Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.79   Max: 1.28
Current: 0.8

During the past 13 years, McGrath RentCorp's highest Quick Ratio was 1.28. The lowest was 0.56. And the median was 0.79.

MGRC's Quick Ratio is ranked worse than
83.61% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs MGRC: 0.80

McGrath RentCorp  (NAS:MGRC) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


McGrath RentCorp Quick Ratio Related Terms


McGrath RentCorp Quick Ratio Historical Data

* Premium members only.

The historical data trend for McGrath RentCorp's Quick Ratio 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.

McGrath RentCorp Quick Ratio Chart

McGrath RentCorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.28 0.82 0.78 0.80

McGrath RentCorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.79 0.83 0.80 0.80

MGRC vs CTOS, HTZ, VSTS: Quick Ratio Comparison

For the Rental & Leasing Services subindustry, McGrath RentCorp's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, McGrath RentCorp's Quick Ratio distribution charts can be found below:

* The bar in red indicates where McGrath RentCorp's Quick Ratio falls into.


MGRC
90GF Score
McGrath RentCorp MGRC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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McGrath RentCorp Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

McGrath RentCorp's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(240.187-8.027)/291.59
=0.80

McGrath RentCorp's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(235.599-11.145)/280.467
=0.80

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.80 mean?
McGrath RentCorp (MGRC) has a Quick Ratio of 0.80 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on McGrath RentCorp and its competitors. This is near median its historical median of 0.79. Over the past decade, McGrath RentCorp's Quick Ratio has ranged from 0.56 to 1.28. According to the industry distribution chart, McGrath RentCorp ranks #913 out of 1092 companies in the Business Services industry, placing it in the top 83.6%.
Is McGrath RentCorp's Quick Ratio too high?
McGrath RentCorp's current Quick Ratio of 0.80 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.28. The Business Services industry median Quick Ratio is 1.67. McGrath RentCorp's value of 0.80 is 52.1% below this industry median. Based on the distribution chart, McGrath RentCorp ranks #913 out of 1092 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, McGrath RentCorp has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Quick Ratio compare to CTOS and HTZ?
According to the Business Services industry distribution chart, McGrath RentCorp ranks #913 out of 1092 companies for Quick Ratio. This places McGrath RentCorp in the lower half of its industry. The industry median Quick Ratio is 1.67. McGrath RentCorp's value of 0.80 is 52.1% below this benchmark. Historically, McGrath RentCorp's own Quick Ratio has ranged from 0.56 to 1.28 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.67, McGrath RentCorp has consistently been below 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 Quick Ratio for a Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McGrath RentCorp's current Quick Ratio of 0.80 is 52.1% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on McGrath RentCorp and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McGrath RentCorp's current Quick Ratio is 0.80, which is near median its own 10-year median of 0.79. 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 $122.13, compared to a current price of $123.33 — trading 1% above its estimated fair value. The current Quick Ratio is 0.80, which is near median its 10-year median of 0.79 and 52.1% below the Business Services industry median of 1.67. McGrath RentCorp's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For McGrath RentCorp (MGRC), the current Quick Ratio is 0.80 as of Mar. 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 $123.33 is trading 1% above its estimated GF Value™ of $122.13. GuruFocus considers McGrath RentCorp to be Fairly Valued.

Key valuation signals for MGRC:

  • Quick Ratio: 0.80 (near median its 10-year median of 0.79)
  • GF Value™: $122.13 vs. price of $123.33 (1% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 52.1% below the Business Services median (#913 of 1092)

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 Business Description

Other Exchanges MG8:Germany
Address 5700 Las Positas Road, Livermore, CA, USA, 94551-7800
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.
90GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$123.33
Price
$122.13
GF Value