ALTGNYSEWholesale-Industrial Machinery & EquipmentFiscal year ends December 31Also trades as ALTG.PA
ALTA EQUIPMENT GROUP INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$6.08+0.14 (+2.36%)
Close on Oct 19, 2026
- Market cap
- $199.33M
- P/E (TTM)
- –
- Dividend yield
- 1.88%
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
25.9%+1.3 pts over 5 years
Operating margin
1.3%+2.2 pts over 5 years
Net margin
-4.4%−1.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.2% | +5.3% | +16.0% | – | |
| Gross profit | -3.9% | +4.2% | +17.2% | – | |
| Operating income | +24.7% | -17.2% | – | – | |
| Free cash flow | -42.8% | +61.0% | – | – | |
| Dividend per share | -50.0% | 0.0% | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -35.9% | -233.4% | |
| Return on assets | – | -4.0% | -5.7% | |
| Current ratio | – | 0.88 | 1.43 | |
| Debt to equity | – | 0.92 | -56.31 | |
| Net debt to EBITDA | – | 2.13× | 3.04× | |
| Interest coverage | – | -0.3× | 0.3× | |
| Inventory turnover | – | 3.6× | 2.7× | |
| Capex to revenue | – | 0.5% | 0.5% | |
| Diluted shares | – | 27M | 33M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Alta Equipment generated $197.60M from operations and spent $85.80M on capital expenditure, dividends and share buybacks. 67% of that went back into the business.
Generated
$197.60M
Used
$85.80M
Capital expenditure$57.90M67%Dividends$14.60M17%Share buybacks$13.30M16%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-4.4%
×Asset turnover1.30×
×Equity multiplier40.94×
=Return on equity, FY2025-233.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -4.4% | 1.30× | 40.94× | -233.4% |
| FY2024 | -3.3% | 1.23× | 13.42× | -54.6% |
| FY2023 | 0.5% | 1.31× | 9.88× | 6.1% |
| FY2022 | 0.6% | 1.38× | 8.28× | 6.8% |
| FY2021 | -1.7% | 1.40× | 5.93× | -14.3% |
| FY2020 | -2.7% | 1.46× | 8.98× | -35.9% |
| FY2019 | -6.4% | 2.45× | -41.31× | 643.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$80.30M
- Cash generatingOperating cash flow above zero$33.00M
- Return on assets improvedROA up on the prior year-4.0% → -5.4%
- Earnings backed by cashOperating cash flow above net income$33.00M vs -$80.30M
- Less leverageLong-term debt to assets fell32.4% → 36.3%
- Better liquidityCurrent ratio rose1.34 → 1.43
- No dilutionShare count did not rise33M → 33M
- Gross margin improvedGross margin up on the prior year26.31% → 25.85%
- More efficientAsset turnover rose1.19 → 1.24