Mcgrath Rentcorp MGRC Payments To Acquire Equipment On Lease
Payments To Acquire Equipment On Lease at other companies
Other financials
Where this comes from
Reported directly by Mcgrath Rentcorp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireEquipmentOnLease.
The official record: Mcgrath Rentcorp’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Mcgrath Rentcorp's payments to acquire equipment on lease?
- Mcgrath Rentcorp (MGRC) reported payments to acquire equipment on lease of $44.93M in Q1 2026.
- How has Mcgrath Rentcorp's payments to acquire equipment on lease changed year-over-year?
- Mcgrath Rentcorp's payments to acquire equipment on lease increased by 289.5% year-over-year, from $11.53M to $44.93M.
- What is the long-term trend for Mcgrath Rentcorp's payments to acquire equipment on lease?
- Over 4 years (2021 to 2025), Mcgrath Rentcorp's payments to acquire equipment on lease has grown at a 5.7% compound annual growth rate (CAGR), from $114.15M to $142.58M.
- What does payments to acquire equipment on lease mean?
- Captures the cash outflows dedicated to purchasing new rental assets, such as modular buildings or test equipment, intended for lease to customers. This is a primary indicator of capital expenditure intensity and the company's commitment to fleet expansion or modernization. High levels of investment suggest management's confidence in future rental demand and market growth.