ALTG · Alta Equipment Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.84B | $1.88B | $1.88B | $1.57B | $1.21B | $873.60M |
| Cost of Revenue | $1.36B | $1.38B | $1.37B | $1.15B | $898.40M | $659.10M |
| Gross Profit | $474.60M | $493.70M | $507.20M | $419.60M | $314.40M | $214.50M |
| R&D | - | - | - | - | - | - |
| SG&A | $422.70M | $446.50M | $430.30M | $362.30M | $285.90M | $216.00M |
| Total Operating Expenses | $451.40M | $475.10M | $452.80M | $378.80M | $296.40M | $222.60M |
| D&A | $133.60M | $144.50M | $132.60M | $112.00M | $95.80M | $75.00M |
| Operating Income | $23.20M | $18.60M | $54.40M | $40.80M | $18.00M | ($8.10M) |
| Interest Expense | $88.40M | $81.30M | $57.00M | $31.80M | $24.00M | $23.80M |
| Income Tax | $21.50M | ($4.20M) | ($6.40M) | $1.30M | $3.60M | ($6.60M) |
| Net Income | ($80.30M) | ($62.10M) | $8.90M | $9.30M | ($20.80M) | ($24.00M) |
| EPS - Basic | ($2.55) | ($1.96) | $0.18 | $0.20 | ($0.90) | - |
| EPS - Diluted | ($2.55) | ($1.96) | $0.18 | $0.20 | ($0.90) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.60M | $13.40M | $31.00M | $2.70M | $2.30M | $1.20M |
| Accounts Receivable | $186.70M | $199.70M | $249.30M | $232.80M | $182.70M | $137.80M |
| Inventory | $473.30M | $535.90M | $530.70M | $399.70M | $239.20M | $229.00M |
| Accounts Payable | $77.70M | $91.50M | $97.00M | $90.80M | $73.50M | $58.90M |
| Current Assets | $710.20M | $774.50M | $838.00M | $663.30M | $448.60M | $381.60M |
| Total Assets | $1.34B | $1.48B | $1.57B | $1.29B | $982.60M | $746.20M |
| Current Liabilities | $495.00M | $577.20M | $635.10M | $471.20M | $420.60M | $434.30M |
| Long-term Debt | $484.50M | $480.00M | $312.30M | $311.20M | $310.00M | $135.00M |
| Total Liabilities | $1.35B | $1.40B | $1.42B | $1.15B | $847.90M | $589.30M |
| Stockholders' Equity | ($8.80M) | $77.60M | $149.70M | $139.80M | $134.70M | $156.90M |
| Retained Earnings | ($236.40M) | ($149.30M) | ($76.40M) | ($74.20M) | ($76.80M) | ($53.40M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $33.00M | $57.00M | $63.80M | $26.00M | $30.70M | ($38.40M) |
| Investing Cash Flow | ($22.70M) | ($56.20M) | ($122.80M) | ($162.60M) | ($113.40M) | ($224.50M) |
| Financing Cash Flow | ($5.30M) | ($17.90M) | $87.30M | $136.90M | $83.80M | $264.10M |
| CapEx | $9.20M | $15.40M | $12.40M | $12.80M | $8.10M | $4.40M |
| Free Cash Flow | $23.80M | $41.60M | $51.40M | $13.20M | $22.60M | ($42.80M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 25.9% | 26.3% | 27.0% | 26.7% | 25.9% | 24.6% |
| Operating margin | 1.3% | 1.0% | 2.9% | 2.6% | 1.5% | -0.9% |
| EBITDA margin | 8.5% | 8.7% | 10.0% | 9.7% | 9.4% | 7.7% |
| Net margin | -4.4% | -3.3% | 0.5% | 0.6% | -1.7% | -2.7% |
| Free cash flow margin | 1.3% | 2.2% | 2.7% | 0.8% | 1.9% | -4.9% |
| FCF / Net income | -0.30 | -0.67 | 5.78 | 1.42 | -1.09 | 1.78 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 23.0% | 23.8% | 22.9% | 23.1% | 23.6% | 24.7% |
| Effective tax rate | - | - | -256.0% | 12.3% | - | - |
| Return on assets | -6.0% | -4.2% | 0.6% | 0.7% | -2.1% | -3.2% |
| Return on equity | 912.5% | -80.0% | 5.9% | 6.7% | -15.4% | -15.3% |
| Return on invested capital | 3.9% | 2.6% | 11.8% | 7.9% | 3.2% | -2.2% |
| Liquidity | ||||||
| Current ratio | 1.43 | 1.34 | 1.32 | 1.41 | 1.07 | 0.88 |
| Quick ratio | 0.48 | 0.41 | 0.48 | 0.56 | 0.50 | 0.35 |
| Cash ratio | 0.04 | 0.02 | 0.05 | 0.01 | 0.01 | 0.00 |
| Leverage | ||||||
| Debt / Equity | -55.06 | 6.19 | 2.09 | 2.23 | 2.30 | 0.86 |
| Debt / Assets | 0.36 | 0.32 | 0.20 | 0.24 | 0.32 | 0.18 |
| Debt / EBITDA | 3.09 | 2.94 | 1.67 | 2.04 | 2.72 | 2.02 |
| Interest coverage | 0.3x | 0.2x | 1.0x | 1.3x | 0.8x | -0.3x |
| Equity multiplier | -151.85 | 19.08 | 10.49 | 9.23 | 7.29 | 4.76 |
| Liabilities / Assets | 1.01 | 0.95 | 0.90 | 0.89 | 0.86 | 0.79 |
| Efficiency | ||||||
| Asset turnover | 1.37 | 1.27 | 1.19 | 1.22 | 1.23 | 1.17 |
| Inventory turnover | 2.88 | 2.58 | 2.58 | 2.88 | 3.76 | 2.88 |
| Days sales outstanding | 37d | 39d | 48d | 54d | 55d | 58d |
| Days inventory outstanding | 127d | 141d | 141d | 127d | 97d | 127d |
| Days payable outstanding | 21d | 24d | 26d | 29d | 30d | 33d |
| Cash conversion cycle | 143d | 156d | 164d | 152d | 122d | 152d |
| Valuation | ||||||
| P / E | - | - | 68.7x | 65.9x | - | - |
| P / B | - | 2.8x | 2.7x | 3.0x | 2.9x | - |
| P / S | 0.1x | 0.1x | 0.2x | 0.3x | 0.3x | - |
| EV / EBITDA | 3.9x | 4.2x | 3.7x | 4.8x | 6.1x | - |
| Growth | ||||||
| Revenue growth (YoY) | -2.2% | -0.0% | 19.4% | 29.6% | 38.8% | - |
| Revenue CAGR (3y) | 5.3% | 15.7% | 29.0% | - | - | - |
| Revenue CAGR (5y) | 16.0% | - | - | - | - | - |
| Gross profit growth (YoY) | -3.9% | -2.7% | 20.9% | 33.5% | 46.6% | - |
| Operating income growth (YoY) | 24.7% | -65.8% | 33.3% | 126.7% | - | -318.6% |
| Net income growth (YoY) | -29.3% | - | -4.3% | - | 13.3% | -2101476.2% |
| EPS growth (YoY) | -30.1% | - | -10.0% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -42.8% | -19.1% | 289.4% | -41.6% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | -48.2% | 7.1% | 3.8% | -14.1% | 3038.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.84B totalConstruction Equipment Segment$1.12B · 60.8%
Material Handling Segment$654.30M · 35.6%
Master Distribution Segment$67.30M · 3.7%
Corporate And Other($2.40M) · -0.1%
Product / service
$1.94B totalNew And Used Equipment Sales$999.30M · 51.4%
Parts Sales$291.00M · 15.0%
Service$256.70M · 13.2%
Rental Revenue$179.80M · 9.3%
Rental Equipment Sales$109.10M · 5.6%
Design And Build Solutions Automated Equipment Installation And System Integration And Software Services$67.20M · 3.5%
Design And Build Projects Automated Equipment Installation And System Integration Services$40.60M · 2.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.39
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Wholesale-Industrial Machinery & Equipment
Comparing ALTA EQUIPMENT GROUP INC. against the 4 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months · -100.0% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2025 | $0.0570 |
| Feb 14, 2025 | $0.0570 |
| Nov 15, 2024 | $0.0570 |
| Aug 15, 2024 | $0.0570 |
| May 14, 2024 | $0.0570 |
| Feb 14, 2024 | $0.0570 |
| Nov 14, 2023 | $0.0570 |
| Aug 14, 2023 | $0.0570 |
| May 12, 2023 | $0.0570 |
| Feb 14, 2023 | $0.0570 |
| Nov 14, 2022 | $0.0570 |
| Aug 12, 2022 | $0.0570 |