NYSE : ALTG
Alta Equipment Group Inc. — Financial statements
Industrials · Rental & Leasing Services · United States
Last price 7.38 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 241.08M
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Financial statements
Alta Equipment Group Inc. (ALTG) reported revenue of 1.82B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.82B | 1.84B | 1.88B | 1.88B | 1.57B | 1.21B |
| Cost of Revenue | 1.35B | 1.36B | 1.38B | 1.37B | 1.15B | 898.40M |
| Gross Profit | 470.80M | 474.60M | 493.70M | 507.20M | 419.60M | 314.40M |
| Selling, General & Admin | 427.50M | 422.70M | 446.50M | 430.30M | 362.30M | 285.90M |
| Operating Expenses | 454.50M | 451.40M | 475.10M | 452.80M | 378.80M | 296.40M |
| Operating Income | 16.30M | 23.20M | 18.60M | 54.40M | 40.80M | 18.00M |
| Interest Expense | -83.20M | -88.40M | -81.30M | -57.00M | -31.80M | -24.00M |
| Other Non Operating Income (Expenses) | 2.10M | 1.80M | 3.10M | 5.10M | 1.60M | 700.00K |
| EBT Excluding Unusual Items | -64.80M | -63.40M | -59.60M | 2.50M | 10.60M | -5.30M |
| Gain (Loss) on Sale of Assets | -200.00K | 4.60M | ||||
| Other Unusual Items | -6.70M | -11.90M | ||||
| Pretax Income | -65.00M | -58.80M | -66.30M | 2.50M | 10.60M | -17.20M |
| Income Tax Expense | 15.30M | 21.50M | -4.20M | -6.40M | 1.30M | 3.60M |
| Net Income | -80.30M | -80.30M | -62.10M | 8.90M | 9.30M | -20.80M |
| Preferred Dividends & Other Adjustments | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M | 2.60M |
| Net Income to Common | -83.30M | -83.30M | -65.10M | 5.90M | 6.30M | -23.40M |
| Shares Outstanding (Basic) | 32.61M | 32.71M | 33.18M | 32.45M | 32.10M | 31.71M |
| Shares Outstanding (Diluted) | 32.61M | 32.71M | 33.18M | 32.88M | 32.30M | 31.71M |
| EPS (Basic) | -2.55 | -2.55 | -1.96 | 0.18 | 0.20 | -0.74 |
| EPS (Diluted) | -2.55 | -2.55 | -1.96 | 0.18 | 0.20 | -0.74 |
| Free Cash Flow | 38.80M | -7.10M | -1.60M | -10.80M | -50.70M | -19.70M |
| Free Cash Flow Per Share | 1.19 | -0.22 | -0.05 | -0.33 | -1.57 | -0.62 |
| Dividend Per Share | 0.06 | 0.23 | 0.23 | 0.17 | ||
| Gross Margin | 25.90% | 25.85% | 26.31% | 27.02% | 26.70% | 25.92% |
| Operating Margin | 0.90% | 1.26% | 0.99% | 2.90% | 2.60% | 1.48% |
| Profit Margin | -4.58% | -4.54% | -3.47% | 0.31% | 0.40% | -1.93% |
| Free Cash Flow Margin | 2.14% | -0.39% | -0.08% | -0.57% | -3.23% | -1.62% |
| EBITDA | 44.00M | 52.30M | 47.20M | 77.00M | 57.30M | 108.00M |
| EBITDA Margin | 2.42% | 2.85% | 2.51% | 4.10% | 3.65% | 8.91% |
| D&A For EBITDA | 27.70M | 29.10M | 28.60M | 22.60M | 16.50M | 90.00M |
| EBIT | 16.30M | 23.20M | 18.60M | 54.40M | 40.80M | 18.00M |
| EBIT Margin | 0.90% | 1.26% | 0.99% | 2.90% | 2.60% | 1.48% |
| Effective Tax Rate | 12.26% | |||||
| Revenue as Reported | 1.82B | 1.84B | 1.88B | 1.88B | 1.57B | 1.21B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 20.90M | 18.60M | 13.40M | 31.00M | 2.70M | 2.30M |
| Trading Asset Securities | 200.00K | |||||
| Cash & Short-Term Investments | 20.90M | 18.60M | 13.60M | 31.00M | 2.70M | 2.30M |
| Accounts Receivable | 213.20M | 186.70M | 199.70M | 249.30M | 232.80M | 182.70M |
| Receivables | 213.20M | 186.70M | 199.70M | 249.30M | 232.80M | 182.70M |
| Inventory | 456.00M | 473.30M | 535.90M | 530.70M | 399.70M | 239.20M |
| Prepaid Expenses | 34.80M | 31.60M | 25.30M | 27.00M | 28.10M | 24.40M |
| Total Current Assets | 724.90M | 710.20M | 774.50M | 838.00M | 663.30M | 448.60M |
| Property, Plant & Equipment | 167.40M | 181.60M | 194.60M | 184.30M | 162.40M | 135.50M |
| Long-Term Investments | 1.70M | |||||
| Goodwill | 77.20M | 77.80M | 77.50M | 76.70M | 69.20M | 41.90M |
| Other Intangible Assets | 45.20M | 48.00M | 54.70M | 66.30M | 60.70M | 43.40M |
| Other Long-Term Assets | 307.80M | 318.70M | 379.10M | 403.90M | 335.00M | 313.20M |
| Total Assets | 1.32B | 1.34B | 1.48B | 1.57B | 1.29B | 982.60M |
| Accounts Payable | 84.50M | 77.70M | 91.50M | 97.00M | 90.80M | 73.50M |
| Accrued Expenses | 46.80M | 45.30M | 51.20M | 59.70M | 55.10M | 39.30M |
| Short-Term Debt | 339.40M | 313.30M | 374.50M | 397.30M | 256.80M | 154.80M |
| Current Portion of Long-Term Debt | 2.60M | 2.60M | 4.30M | 9.00M | 1.60M | 2.60M |
| Current Portion of Leases | 25.90M | 26.00M | 25.60M | 23.60M | 19.00M | 16.20M |
| Current Unearned Revenue | 11.90M | 13.70M | 13.00M | 16.20M | 14.10M | 15.20M |
| Other Current Liabilities | 13.00M | 16.40M | 17.10M | 32.30M | 33.80M | 20.60M |
| Total Current Liabilities | 524.10M | 495.00M | 577.20M | 635.10M | 471.20M | 322.20M |
| Long-Term Debt | 697.30M | 698.50M | 664.70M | 636.30M | 532.10M | 408.40M |
| Long-Term Leases | 117.70M | 128.30M | 139.00M | 130.70M | 117.30M | 97.40M |
| Long-Term Unearned Revenue | 4.90M | 5.00M | 4.30M | 4.20M | 4.90M | 4.20M |
| Long-Term Deferred Tax Liabilities | 11.30M | 14.60M | 10.80M | 7.70M | 6.40M | 6.90M |
| Other Long-Term Liabilities | 3.40M | 3.70M | 6.80M | 7.20M | 18.90M | 8.80M |
| Total Liabilities | 1.36B | 1.35B | 1.40B | 1.42B | 1.15B | 847.90M |
| Additional Paid-In Capital | 250.80M | 248.40M | 243.50M | 233.80M | 222.80M | 217.40M |
| Retained Earnings | -264.80M | -236.40M | -149.30M | -76.40M | -74.20M | -76.80M |
| Treasury Stock | -19.20M | -19.20M | -11.70M | -5.90M | -5.90M | -5.90M |
| Comprehensive Income & Other | -3.00M | -1.60M | -4.90M | -1.80M | -2.90M | |
| Shareholders' Equity | -36.20M | -8.80M | 77.60M | 149.70M | 139.80M | 134.70M |
| Total Liabilities & Equity | 1.32B | 1.34B | 1.48B | 1.57B | 1.29B | 982.60M |
| Total Debt | 1.18B | 1.17B | 1.21B | 1.20B | 926.80M | 679.40M |
| Net Cash (Debt) | -1.16B | -1.15B | -1.19B | -1.17B | -924.10M | -677.10M |
| Net Cash Per Share | -35.63 | -35.16 | -36.00 | -35.46 | -28.61 | -21.36 |
| Filing Date Shares Outstanding | 32.67M | 32.27M | 32.86M | 32.81M | 32.19M | 32.36M |
| Total Common Shares Outstanding | 32.55M | 32.15M | 32.76M | 32.37M | 32.19M | 32.36M |
| Working Capital | 200.80M | 215.20M | 197.30M | 202.90M | 192.10M | 126.40M |
| Book Value Per Share | -1.11 | -0.27 | 2.37 | 4.62 | 4.34 | 4.16 |
| Tangible Book Value | -158.60M | -134.60M | -54.60M | 6.70M | 9.90M | 49.40M |
| Tangible Book Value Per Share | -4.87 | -4.19 | -1.67 | 0.21 | 0.31 | 1.53 |
| Land | 1.00M | 3.20M | 3.00M | 2.10M | 2.10M | 2.10M |
| Buildings | 32.70M | 29.30M | 25.50M | |||
| Machinery | 41.70M | 35.60M | 36.90M | 40.50M | 37.80M | 28.20M |
| Construction In Progress | 8.20M | 7.00M | ||||
| Leasehold Improvements | 20.80M | 15.60M | 10.60M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -80.30M | -80.30M | -62.10M | 8.90M | 9.30M | -20.80M |
| Depreciation & Amortization | 27.70M | 29.10M | 28.60M | 22.60M | 16.50M | 90.00M |
| Other Amortization | 94.60M | 96.30M | 104.90M | 99.60M | 89.70M | 7.80M |
| Loss (Gain) From Sale of Assets | -24.00M | -30.50M | -34.50M | -34.20M | -30.30M | -21.70M |
| Stock-Based Compensation | 3.80M | 3.80M | 4.80M | 4.30M | 2.70M | 1.20M |
| Provision & Write-off of Bad Debts | 2.40M | 3.20M | 5.70M | 7.20M | 5.00M | 4.20M |
| Other Operating Activities | 29.40M | 35.70M | 16.10M | 3.40M | 8.10M | 16.60M |
| Change in Accounts Receivable | -11.60M | 11.20M | 42.70M | -16.60M | -34.70M | -40.70M |
| Change in Inventory | -89.70M | -48.90M | -145.30M | -286.30M | -272.60M | -154.10M |
| Change in Accounts Payable | -12.20M | -18.40M | -26.50M | 3.00M | 26.70M | 30.20M |
| Change in Other Net Operating Assets | 122.40M | 31.80M | 122.60M | 246.50M | 198.10M | 118.00M |
| Operating Cash Flow | 62.50M | 33.00M | 57.00M | 58.40M | 18.50M | 30.70M |
| Capital Expenditures | -23.70M | -40.10M | -58.60M | -69.20M | -69.20M | -50.40M |
| Sale of Property, Plant & Equipment | 2.00M | 500.00K | 5.30M | 500.00K | 1.20M | 2.30M |
| Cash Acquisitions | 200.00K | -2.70M | -45.60M | -86.70M | -63.40M | |
| Divestitures | 4.40M | 20.90M | ||||
| Other Investing Activities | -1.20M | -1.30M | -2.90M | -3.10M | -400.00K | -1.90M |
| Investing Cash Flow | -18.30M | -22.70M | -56.20M | -117.40M | -155.10M | -113.40M |
| Short-Term Debt Issued | 99.70M | 120.80M | 188.40M | 149.90M | 105.30M | |
| Long-Term Debt Issued | 364.50M | 974.20M | 379.60M | 413.20M | 633.20M | |
| Total Debt Issued | 371.10M | 464.20M | 1.09B | 568.00M | 563.10M | 738.50M |
| Short-Term Debt Repaid | -106.70M | -133.60M | -179.70M | -121.90M | -110.10M | |
| Long-Term Debt Repaid | -345.50M | -959.30M | -288.30M | -298.30M | -539.30M | |
| Total Debt Repaid | -399.20M | -452.20M | -1.09B | -468.00M | -420.20M | -649.40M |
| Net Debt Issued (Repaid) | -28.10M | 12.00M | 2.10M | 100.00M | 142.90M | 89.10M |
| Repurchase of Common Stock | -1.00M | -7.50M | -5.80M | |||
| Preferred Dividends Paid | -3.00M | -3.00M | -3.00M | -3.00M | -3.00M | -2.60M |
| Common Dividends Paid | -3.90M | -7.80M | -7.60M | -3.70M | ||
| Dividends Paid | -3.00M | -6.90M | -10.80M | -10.60M | -6.70M | -2.60M |
| Other Financing Activities | -4.20M | -2.90M | -3.40M | -2.10M | 700.00K | -2.70M |
| Financing Cash Flow | -36.30M | -5.30M | -17.90M | 87.30M | 136.90M | 83.80M |
| Foreign Exchange Rate Adjustments | -200.00K | 200.00K | -500.00K | 100.00K | ||
| Net Cash Flow | 7.70M | 5.20M | -17.60M | 28.30M | 400.00K | 1.10M |
| Free Cash Flow | 38.80M | -7.10M | -1.60M | -10.80M | -50.70M | -19.70M |
| Free Cash Flow Margin | 2.14% | -0.39% | -0.08% | -0.57% | -3.23% | -1.62% |
| Free Cash Flow Per Share | 1.19 | -0.22 | -0.05 | -0.33 | -1.57 | -0.62 |
| Levered Free Cash Flow | 67.09M | 97.95M | 54.21M | -79.33M | -123.78M | 18.05M |
| Unlevered Free Cash Flow | 113.89M | 147.80M | 100.83M | -45.70M | -105.70M | 31.05M |
| Cash Interest Paid | 78.30M | 83.40M | 76.40M | 53.60M | 28.00M | 20.20M |
| Cash Income Tax Paid | 4.30M | 4.30M | 3.70M | 5.70M | 1.00M | |
| Change in Working Capital | 8.90M | -24.30M | -6.50M | -53.40M | -82.50M | -46.60M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 241.08M | 148.28M | 217.50M | 400.39M | 424.64M | 473.80M |
| Enterprise Value | 1.40B | 1.35B | 1.45B | 1.53B | 1.22B | 979.90M |
| Last Close Price | 7.38 | 4.60 | 6.42 | 11.79 | 12.37 | 13.61 |
| PE Ratio | 67.86 | 67.40 | ||||
| Forward PE | 96.58 | 96.58 | 218.17 | 51.73 | 205.55 | |
| PS Ratio | 0.13 | 0.08 | 0.12 | 0.21 | 0.27 | 0.39 |
| PB Ratio | -16.85 | 2.80 | 2.67 | 3.04 | 3.52 | |
| P/TBV Ratio | 59.76 | 42.89 | 9.59 | |||
| P/OCF Ratio | 3.86 | 4.49 | 3.82 | 6.86 | 22.95 | 15.43 |
| PEG Ratio | 3.54 | 3.54 | 3.54 | 3.54 | 3.54 | |
| EV/Sales Ratio | 0.77 | 0.74 | 0.77 | 0.82 | 0.78 | 0.81 |
| EV/EBITDA Ratio | 31.89 | 25.91 | 30.68 | 19.90 | 21.36 | 9.07 |
| EV/EBIT Ratio | 86.08 | 58.40 | 77.84 | 28.16 | 30.00 | 54.44 |
| Debt / Equity Ratio | -32.68 | -132.81 | 15.57 | 8.00 | 6.63 | 5.04 |
| Debt / EBITDA Ratio | 13.58 | 12.17 | 13.36 | 10.09 | 9.88 | 4.99 |
| Debt / FCF Ratio | 30.49 | |||||
| Net Debt / Equity Ratio | -32.10 | -130.69 | 15.39 | 7.79 | 6.61 | 5.03 |
| Net Debt / EBITDA Ratio | 26.41 | 21.99 | 25.31 | 15.14 | 16.13 | 6.27 |
| Net Debt / FCF Ratio | 29.95 | -161.99 | -746.56 | -107.95 | -18.23 | -34.37 |
| Asset Turnover | 1.32 | 1.30 | 1.23 | 1.31 | 1.38 | 1.40 |
| Inventory Turnover | 2.86 | 2.70 | 2.59 | 2.94 | 3.61 | 3.84 |
| Quick Ratio | 0.45 | 0.41 | 0.37 | 0.44 | 0.50 | 0.57 |
| Current Ratio | 1.38 | 1.44 | 1.34 | 1.32 | 1.41 | 1.39 |
| Return on Equity (ROE) | -2,085.71% | -233.43% | -54.64% | 6.15% | 6.78% | -14.27% |
| Return on Assets (ROA) | 0.74% | 1.03% | 0.76% | 2.38% | 2.24% | 1.30% |
| Return on Invested Capital (ROIC) | 2.03% | 2.20% | 1.44% | 4.57% | 3.82% | 2.52% |
| Return on Capital Employed (ROCE) | 2.00% | 2.80% | 2.10% | 5.80% | 5.00% | 2.70% |
| Earnings Yield | -34.61% | -54.15% | -28.55% | 2.22% | 2.19% | -4.39% |
| FCF Yield | 16.09% | -4.79% | -0.74% | -2.70% | -11.94% | -4.16% |
| Dividend Yield | 1.24% | 3.43% | 1.84% | 1.30% | ||
| Payout Ratio | 119.10% | 72.04% | ||||
| Buyback Yield / Dilution | 1.31% | 1.41% | -0.92% | -1.78% | -1.88% | -19.14% |
| Total Shareholder Return | 1.31% | 2.65% | 2.51% | 0.06% | -0.58% | -19.14% |