{
 "company": "McGrath RentCorp",
 "ticker": "MGRC",
 "sector": "Rental & Leasing Services",
 "fiscalYearEnd": null,
 "revenueUsdM": 944.2,
 "normalizedSga": {
  "pctRevenue": 21.68,
  "peerCount": 17,
  "peerMedianPctRevenue": 13.7,
  "peerLeanQuartilePctRevenue": 11.2,
  "peers": [
   {
    "ticker": "URI",
    "name": "United Rentals, Inc.",
    "normalizedSgaPctRevenue": 10.76
   },
   {
    "ticker": "ALTG",
    "name": "Alta Equipment Group Inc.",
    "normalizedSgaPctRevenue": 23.02
   },
   {
    "ticker": "GATX",
    "name": "GATX Corporation",
    "normalizedSgaPctRevenue": 14.51
   },
   {
    "ticker": "SUNB",
    "name": "Sunbelt Rentals Holdings Inc",
    "normalizedSgaPctRevenue": 14.8
   },
   {
    "ticker": "HRI",
    "name": "Herc Holdings Inc.",
    "normalizedSgaPctRevenue": 12.89
   },
   {
    "ticker": "EQPT",
    "name": "EquipmentShare.com Inc.",
    "normalizedSgaPctRevenue": 21.33
   },
   {
    "ticker": "WSC",
    "name": "WillScot Holdings Corporation",
    "normalizedSgaPctRevenue": 24.8
   },
   {
    "ticker": "WLFC",
    "name": "Willis Lease Finance Corporation",
    "normalizedSgaPctRevenue": 39.3
   },
   {
    "ticker": "R",
    "name": "Ryder System, Inc.",
    "normalizedSgaPctRevenue": 11.61
   },
   {
    "ticker": "CAR",
    "name": "Avis Budget Group, Inc.",
    "normalizedSgaPctRevenue": 11.6
   },
   {
    "ticker": "HTZ",
    "name": "Hertz Global Holdings, Inc.",
    "normalizedSgaPctRevenue": 8.55
   },
   {
    "ticker": "AHT",
    "name": "Ashford Hospitality Trust, Inc.",
    "normalizedSgaPctRevenue": 1.88
   },
   {
    "ticker": "CTOS",
    "name": "Custom Truck One Source, Inc.",
    "normalizedSgaPctRevenue": 11.49
   },
   {
    "ticker": "GWW",
    "name": "W.W. Grainger, Inc.",
    "normalizedSgaPctRevenue": 20.63
   },
   {
    "ticker": "FAST",
    "name": "Fastenal Company",
    "normalizedSgaPctRevenue": 24.82
   },
   {
    "ticker": "BCC",
    "name": "Boise Cascade Company",
    "normalizedSgaPctRevenue": 11.18
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "advertising",
   "label": "Advertising",
   "pctRevenue": 0.71,
   "companiesDisclosing": 8,
   "peersDisclosing": [
    {
     "ticker": "EQPT",
     "pctRevenue": 0.18
    },
    {
     "ticker": "WSC",
     "pctRevenue": 0.71
    },
    {
     "ticker": "CAR",
     "pctRevenue": 0.82
    },
    {
     "ticker": "HTZ",
     "pctRevenue": 2.7
    },
    {
     "ticker": "AHT",
     "pctRevenue": 0.96
    },
    {
     "ticker": "CTOS",
     "pctRevenue": 0.34
    },
    {
     "ticker": "GWW",
     "pctRevenue": 4.53
    }
   ],
   "note": "Brand spend is not the overhead question here."
  },
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 1.19,
   "companiesDisclosing": 14,
   "peersDisclosing": [
    {
     "ticker": "URI",
     "pctRevenue": 0.83
    },
    {
     "ticker": "ALTG",
     "pctRevenue": 0.21
    },
    {
     "ticker": "SUNB",
     "pctRevenue": 0.72
    },
    {
     "ticker": "HRI",
     "pctRevenue": 0.78
    },
    {
     "ticker": "EQPT",
     "pctRevenue": 0.09
    },
    {
     "ticker": "WSC",
     "pctRevenue": 1.68
    },
    {
     "ticker": "WLFC",
     "pctRevenue": 6.11
    },
    {
     "ticker": "CAR",
     "pctRevenue": 0.16
    },
    {
     "ticker": "AHT",
     "pctRevenue": -0.07
    },
    {
     "ticker": "CTOS",
     "pctRevenue": 0.44
    },
    {
     "ticker": "GWW",
     "pctRevenue": 0.36
    },
    {
     "ticker": "FAST",
     "pctRevenue": 0.1
    },
    {
     "ticker": "BCC",
     "pctRevenue": 0.19
    }
   ],
   "note": "Above the peer median; equity compensation adds to the overhead load."
  }
 ],
 "gapToPeers": {
  "toPeerMedian": {
   "usdM": 68,
   "bps": 717
  },
  "toLeanQuartile": {
   "usdM": 96,
   "bps": 1019
  }
 },
 "tsrBridge": [
  {
   "label": "1 year",
   "span": "FY2024 to FY2025",
   "companyTsrPct": -5,
   "peerTsrPct": 3,
   "driverPp": {
    "Revenue growth": 1.7,
    "Gross margin": -33.5,
    "SG&A": -104.6,
    "Multiple": 101.8,
    "Other": 26.7
   }
  },
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": 12,
   "peerTsrPct": 39,
   "driverPp": {
    "Revenue growth": -3.4,
    "Gross margin": 62.5,
    "SG&A": -66.9,
    "Multiple": -56.5,
    "Other": 37.3
   }
  },
  {
   "label": "5 years",
   "span": "FY2020 to FY2025",
   "companyTsrPct": 72,
   "peerTsrPct": 136,
   "driverPp": {
    "Revenue growth": -183.9,
    "Gross margin": -34.9,
    "SG&A": -122.8,
    "Multiple": 155.5,
    "Other": 122.9
   }
  },
  {
   "label": "10 years",
   "span": "FY2016 to FY2025",
   "companyTsrPct": 227,
   "peerTsrPct": 281,
   "driverPp": {
    "Revenue growth": 16.3,
    "Gross margin": 76.6,
    "SG&A": -104.8,
    "Multiple": -100.4,
    "Other": 58.7
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/MGRC",
  "json": "https://sgabenchmarking.com/r/MGRC.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}