Alta Equipment Group Inc.
NYSE•ALTG
CEO: Mr. Ryan Greenawalt
Sector: Industrials
Industry: Rental & Leasing Services
Listing Date: 2019-04-25
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
Contact Information
Market Cap
$207.27M
P/E (TTM)
-2.6
20.2
Dividend Yield
1.8%
52W High
$8.99
52W Low
$3.54
52W Range
Rank51Top 71.3%
3.0
F-Score
Modified Piotroski Analysis
Based on 9-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2017-2025
Financial Dashboard
Q3 2025 Data
Revenue
$422.60M-5.84%
4-Quarter Trend
EPS
-$1.31+52.33%
4-Quarter Trend
FCF
$0.00-100.00%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Total Revenue Declined 3.8% Consolidated revenues fell $51.7M (3.8%) to $1.33B; organic revenue decreased 3.7% for nine months ended September 30.
Operating Income Increased Income from operations rose 11.1% to $18.0M for nine months, showing improved operational leverage despite revenue softness.
Net Loss Widened Significantly Net loss available to common stockholders reached $(70.8)M, impacted by higher income tax provision of $26.4M.
Operating Cash Flow Swing Operating activities used $0.9M cash, a significant swing from $22.1M provided in the prior year period.
Risk Factors
Rental Revenue Declines Organic rental revenues dropped 11.0% for nine months due to smaller fleet size and lower utilization rates.
Gross Profit Margin Pressure Consolidated gross profit margin fell 60 basis points to 26.8% due to tariff costs and unfavorable sales mix.
Tax Valuation Allowance Increase Income tax expense rose sharply to $26.4M due to full valuation allowance against certain deferred tax assets.
Interest Rate Exposure Variable rate debt exposes earnings to risk; 1% rate increase reduces pre-tax earnings by $2.3M annually.
Outlook
Pursuing Organic Growth Strategy focuses on leveraging platform for organic growth and pursuing synergistic acquisitions to broaden capabilities.
Hydrogen Plant Operational Company expects hydrogen production plant, built with related party OneH2, to become operational in first half 2026.
Adequate Liquidity Maintained Cash flows from operations and available borrowings are expected to meet future liquidity needs for foreseeable future.
Cost Savings Initiatives Operating expenses decreased due to cost savings initiatives including workforce optimization and healthcare program changes.
Peer Comparison
Revenue (TTM)
$1.82B
TBI$1.58B
$935.46M
Gross Margin (Latest Quarter)
POWW87.1%
FC72.7%
ISSC63.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ISSC | $384.16M | 24.4 | 28.1% | 23.4% |
| PESI | $271.84M | -23.4 | -19.9% | 4.5% |
| FC | $249.03M | -180.9 | -2.2% | 0.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-5.3%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Next earnings:Mar 4, 2026
EPS:-$0.29
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 6, 2025|Revenue: $422.60M-5.8%|EPS: $-1.31+52.3%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $481.20M-1.4%|EPS: $-0.21-44.7%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 7, 2025|Revenue: $423.00M-4.2%|EPS: $-0.65+71.1%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 5, 2025|Revenue: $1.88B-0.0%|EPS: $-1.96-1188.9%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 12, 2024|Revenue: $448.80M-3.7%|EPS: $-0.86-509.5%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 7, 2024|Revenue: $488.10M+4.2%|EPS: $-0.38-860.0%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 8, 2024|Revenue: $441.60M+5.0%|EPS: $-0.38-6229.0%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 14, 2024|Revenue: $1.88B+19.4%|EPS: $0.18-10.0%Beat