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ALTG

Alta Equipment Group Inc.

ALTG

Alta Equipment Group Inc. • NYSE
$4.88 ▲ 0.21% (+0.01)
Market Cap $157.31 M
52w High $8.99
52w Low $3.54
Dividend Yield 0.11%
P/E -1.95
Volume 80.10K
Outstanding Shares 32.24M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $422.6M ▼ $113M ▼ $-41.6M ▼ -9.844% ▼ $-1.31 ▼ $-7.5M ▼
Q2-2025 $481.2M ▲ $134.7M ▲ $-6.1M ▲ -1.268% ▲ $-0.21 ▲ $52.1M ▲
Q1-2025 $423M ▼ $114.2M ▲ $-20.9M ▼ -4.941% ▼ $-0.65 ▼ $34.1M ▼
Q4-2024 $498.1M ▲ $114.1M ▼ $-10.6M ▲ -2.128% ▲ $-0.34 ▲ $38.6M ▼
Q3-2024 $448.8M $117.8M $-27.7M -6.172% $-0.86 $44.3M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $14.1M ▲ $1.431B ▼ $1.428B ▲ $2.9M ▼
Q2-2025 $13.2M ▲ $1.436B ▼ $1.392B ▼ $43.9M ▼
Q1-2025 $11.1M ▼ $1.504B ▲ $1.448B ▲ $56M ▼
Q4-2024 $13.4M ▼ $1.48B ▼ $1.403B ▼ $77.6M ▼
Q3-2024 $14.6M $1.549B $1.453B $95.7M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $0 ▲ $0 ▼ $0 ▼ $0 ▲ $0 ▼ $0 ▼
Q2-2025 $-6.1M ▲ $14.1M ▲ $5.9M ▲ $-18.1M ▼ $2.1M ▲ $200K ▲
Q1-2025 $-20.9M ▼ $-17.5M ▼ $-14.3M ▼ $29.5M ▲ $-2.3M ▼ $-31.2M ▼
Q4-2024 $-10.6M ▲ $34.9M ▼ $-8.2M ▲ $-27.6M ▼ $-1.2M ▼ $21.4M ▼
Q3-2024 $-27.7M $43.1M $-10.6M $-22.4M $10.1M $23.9M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Parts Sales
Parts Sales
 $220.00M ▲$70.00M ▼$80.00M ▲$80.00M ▲
Rental Revenue
Rental Revenue
 $150.00M ▲$40.00M ▼$50.00M ▲$50.00M ▲
Service
Service
 $190.00M ▲$70.00M ▼$60.00M ▼$70.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Alta has grown its sales meaningfully over the past few years, mainly by expanding its footprint and offerings, but that growth has not yet translated into strong, consistent profits. Gross profit has trended up over time, showing the core business has some pricing power and scale benefits, but operating margins remain thin. The company moved from small losses to modest profitability, then slipped back into a noticeable loss in the most recent year, suggesting cost pressures, integration costs, or softer demand. Overall, it looks like a scale‑up story where revenue has grown faster than earnings, and profitability is still a work in progress.

Balance Sheet

Balance Sheet The balance sheet shows a business built largely with borrowed money. Total assets have increased over time as Alta has acquired more locations and equipment, but debt has grown alongside and now represents a large share of the capital structure. Equity is relatively small compared with the size of the business and has weakened recently, which limits the financial cushion. Cash on hand is very thin, so the company is likely dependent on its credit lines and ongoing cash generation to fund operations and growth. This creates sensitivity to interest rates, credit conditions, and any downturn in performance.

Cash Flow

Cash Flow Alta generates positive cash from day‑to‑day operations, which is a key strength, but not at a very high level relative to its size. At the same time, it spends heavily on equipment and related capital needs, so free cash flow has been consistently negative. In simple terms, the business is cash‑hungry because of its growth and capital intensity. That means Alta relies on debt and possibly other financing to fund expansion and fleet investment. The pattern fits a company still in a build‑out phase, but it also increases exposure if market conditions tighten or growth slows.

Competitive Edge

Competitive Edge Alta’s edge comes less from owning unique technology and more from how it serves customers. It offers a full lifecycle solution: equipment sales and rentals, parts, maintenance, and financing, all under one roof. This “one‑stop‑shop” model, backed by an extensive service network and skilled technicians, tends to create sticky, long‑term relationships and recurring service revenue. Exclusive partnerships with major equipment manufacturers and a broad geographic footprint are significant strengths that smaller rivals may struggle to match. The flip side is that the business is tied to cyclical construction and industrial activity and must keep integrating acquisitions smoothly to preserve this advantage.

Innovation and R&D

Innovation and R&D Alta is innovating mainly at the business‑model and solution level rather than through heavy traditional R&D. It is pushing into fleet electrification, warehouse automation, telematics, and multiple energy technologies (such as lithium and hydrogen) via its eMobility and Emerging Technology units. These moves position the company to benefit from trends like cleaner fleets and automated logistics. While these initiatives could become important profit drivers over time, they are still relatively young, and their long‑term impact on margins and cash flow is not yet fully proven.

Summary

Alta Equipment Group has built a sizeable, diversified equipment platform with a clear focus on being a full‑service partner to its customers. Revenue growth and service capabilities are clear strengths, and its strategic acquisitions and OEM relationships provide real competitive advantages. At the same time, profitability remains modest and recently moved back into loss territory, the balance sheet is highly leveraged, and the business consumes cash due to its capital intensity. The future story hinges on whether Alta can translate its scale, service network, and newer electrification and automation offerings into steadier earnings and stronger free cash flow while managing its debt load and integration risks.

NEWS

November 6, 2025 · 4:15 PM UTC

Alta Equipment Group Announces Third Quarter 2025 Financial Results

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October 30, 2025 · 7:00 AM UTC

Alta Equipment Group Announces Date of Third Quarter 2025 Financial Results Release, Conference Call and Webcast

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October 3, 2025 · 7:00 AM UTC

Alta Equipment Group Announces Preferred Stock Dividend

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September 3, 2025 · 9:00 AM UTC

Allmark Door Expands Northeast Presence with Acquisition of Alta Equipment Group's Dock & Door Services Division

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