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Alta Equipment Group Inc. (ALTG) 10-Year Financial Performance & Capital Metrics

ALTG • • Industrial / General
IndustrialsRental & LeasingConstruction & Industrial Equipment RentalSpecialized Heavy Equipment Suppliers
AboutAlta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. 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 aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions. It serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.Show more
  • Revenue $1.88B
  • EBITDA $163M -12.8%
  • Net Income -$62M -797.8%
  • EPS (Diluted) -1.96 -1188.9%
  • Gross Margin 26.31% -2.7%
  • EBITDA Margin 8.69% -12.8%
  • Operating Margin 0.99% -65.8%
  • Net Margin -3.31% -797.8%
  • ROE -54.64% -988.7%
  • ROIC 1.09% -68.5%
  • Debt/Equity 15.45 +96.0%
  • Interest Coverage 0.23 -76.0%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 27.5%
  • ✓Healthy dividend yield of 3.7%
  • ✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

  • ✗High debt to equity ratio of 15.4x
  • ✗Negative free cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y27.48%
3Y15.66%
TTM-3.95%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-48.31%

EPS CAGR

10Y-
5Y-
3Y-
TTM-47.38%

ROCE

10Y Avg3.45%
5Y Avg2.78%
3Y Avg4.58%
Latest2.02%

Peer Comparison

Specialized Heavy Equipment Suppliers
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TLIHTen-League International Holdings Limited Ordinary Shares14.44M0.497.82-19.63%3.22%35.71%6.05
ALTGAlta Equipment Group Inc.203.4M6.31-3.22-0.01%-4.34%-27.31%15.45
MWGMulti Ways Holdings Limited12.68M0.25-3.68-13.74%-1.59%-5.3%1.09
CTOSCustom Truck One Source, Inc.1.45B6.40-53.33-3.37%-1.26%-3.1%2.82

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+0345.47M413M557.4M873.6M1.21B1.57B1.88B1.88B
Revenue Growth %--0.2%0.35%0.57%0.39%0.3%0.19%-0%
Cost of Goods Sold+0257.43M302.9M1.94M659.1M898.4M1.15B1.37B1.38B
COGS % of Revenue-0.75%0.73%0%0.75%0.74%0.73%0.73%0.74%
Gross Profit+088.04M110.1M555.47M214.5M314.4M419.6M507.2M493.7M
Gross Margin %-0.25%0.27%1%0.25%0.26%0.27%0.27%0.26%
Gross Profit Growth %--0.25%4.05%-0.61%0.47%0.33%0.21%-0.03%
Operating Expenses+075.92M342140.4M222.6M296.4M378.8M452.8M475.1M
OpEx % of Revenue-0.22%0%0.25%0.25%0.24%0.24%0.24%0.25%
Selling, General & Admin074.91M342137.6M216M285.9M362.3M430.3M446.5M
SG&A % of Revenue-0.22%0%0.25%0.25%0.24%0.23%0.23%0.24%
Research & Development000000000
R&D % of Revenue---------
Other Operating Expenses01.53M02.8M6.6M10.5M16.5M22.5M28.6M
Operating Income+011.6M15.8M-1.94M-8.1M18M40.8M54.4M18.6M
Operating Margin %-0.03%0.04%-0%-0.01%0.01%0.03%0.03%0.01%
Operating Income Growth %--0.36%-1.12%-3.19%3.22%1.27%0.33%-0.66%
EBITDA+22.82K43.12M52.9M48.16M66.9M113.8M152.8M187M163.1M
EBITDA Margin %-0.12%0.13%0.09%0.08%0.09%0.1%0.1%0.09%
EBITDA Growth %-1888.86%0.23%-0.09%0.39%0.7%0.34%0.22%-0.13%
D&A (Non-Cash Add-back)22.82K31.52M37.1M50.1M75M95.8M112M132.6M144.5M
EBIT011.6M15.8M-14.9M-6.8M6.8M42.4M59.5M15M
Net Interest Income+000-18.25M-23.8M-24M-31.8M-57M-81.3M
Interest Income0002.25M00000
Interest Expense00020.5M23.8M24M31.8M57M81.3M
Other Income/Expense0-5.7M02.25M-22.5M-35.2M-30.2M-51.9M-84.9M
Pretax Income+05.91M-342-35.4M-30.6M-17.2M10.6M2.5M-66.3M
Pretax Margin %-0.02%-0%-0.06%-0.04%-0.01%0.01%0%-0.04%
Income Tax+800800800309K-6.6M3.6M1.3M-6.4M-4.2M
Effective Tax Rate %--0%3.34%-0%0.78%1.21%0.88%3.56%0.94%
Net Income+-800-800-1.14K8.85K-24M-20.8M9.3M8.9M-62.1M
Net Margin %--0%-0%0%-0.03%-0.02%0.01%0%-0.03%
Net Income Growth %-0%-0.43%8.75%-2711.95%0.13%1.45%-0.04%-7.98%
Net Income (Continuing)-8005.91M-1.14K0-24M-20.8M9.3M8.9M-62.1M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)+0.000.00-0.000.00-0.90-0.740.200.18-1.96
EPS Growth %-----0.18%1.27%-0.1%-11.89%
EPS (Basic)0.000.00-0.000.00-0.90-0.740.200.18-1.96
Diluted Shares Outstanding16.05M18.39M18.39M7.3M26.61M31.71M32.3M32.88M33.18M
Basic Shares Outstanding16.05M18.39M18.39M7.3M26.61M31.71M32.1M32.45M33.18M
Dividend Payout Ratio------0.4%0.85%-

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+0141.31M49.66K832.52K381.6M448.6M663.3M838M774.5M
Cash & Short-Term Investments0164K49.66K654.49K1.2M2.3M2.7M31M13.4M
Cash Only0164K49.66K654.49K1.2M2.3M2.7M31M13.4M
Short-Term Investments000000000
Accounts Receivable052.91M00137.8M182.7M232.8M249.3M199.7M
Days Sales Outstanding-55.9--57.5754.9854.0648.4838.84
Inventory084.2M109.7M0229M239.2M399.7M530.7M535.9M
Days Inventory Outstanding-119.38132.19-126.8297.18126.62141.43141.44
Other Current Assets01.4M000028.1M27M25.5M
Total Non-Current Assets+0122.14M162.5K146M364.6M534M627.3M732.9M705.9M
Property, Plant & Equipment09.51M10.6M0311.9M447.1M491.4M575.7M553.4M
Fixed Asset Turnover-36.33x38.96x-2.80x2.71x3.20x3.26x3.39x
Goodwill04.7M7.6M024.3M41.9M69.2M76.7M77.5M
Intangible Assets0324K100K026.3M43.4M60.7M66.3M54.7M
Long-Term Investments0000003.5M1.7M0
Other Non-Current Assets0107.61M-18.14M146M2.1M1.6M-52.2M12.5M20.3M
Total Assets+0263.45M212.16K146.83M746.2M982.6M1.29B1.57B1.48B
Asset Turnover-1.31x1946.66x3.80x1.17x1.23x1.22x1.19x1.27x
Asset Growth %---1%691.08%4.08%0.32%0.31%0.22%-0.06%
Total Current Liabilities+6.68K7.48K220.78K1.97M434.3M322.2M471.2M635.1M577.2M
Accounts Payable00162.5K1.56M58.9M73.5M90.8M97M91.5M
Days Payables Outstanding--0.2294.6332.6229.8628.7625.8524.15
Short-Term Debt0144.21M50K0323.8M157.4M261M405M385M
Deferred Revenue (Current)0-1000K001000K1000K1000K1000K1000K
Other Current Liabilities6.68K-144.82M-700K012.2M3.9M7.5M41.3M6.6M
Current Ratio-18894.77x0.22x0.42x0.88x1.39x1.41x1.32x1.34x
Quick Ratio-7636.58x-496.65x0.42x0.35x0.65x0.56x0.48x0.41x
Cash Conversion Cycle----151.77122.31151.92164.07156.14
Total Non-Current Liabilities+060.12M79.2M0155M525.7M679.6M786.1M825.6M
Long-Term Debt056.5M00135M408.4M528.7M628.2M659.8M
Capital Lease Obligations0000600K97.4M117.3M130.7M139M
Deferred Tax Liabilities000006.9M6.4M7.7M10.8M
Other Non-Current Liabilities0-56.5M0014.5M8.8M22.3M15.3M11.7M
Total Liabilities6.68K7.48K220.78K1.97M589.3M847.9M1.15B1.42B1.4B
Total Debt+0200.72M50K0459.4M679.4M921.8M1.18B1.2B
Net Debt0200.55M342-654.49K458.2M677.1M919.1M1.15B1.19B
Debt / Equity----2.93x5.04x6.59x7.88x15.45x
Debt / EBITDA-4.65x0.00x-6.87x5.97x6.03x6.31x7.35x
Net Debt / EBITDA-4.65x0.00x-0.01x6.85x5.95x6.02x6.14x7.27x
Interest Coverage----0.09x-0.34x0.75x1.28x0.95x0.23x
Total Equity+-6.68K-7.48K-8.62K144.86M156.9M134.7M139.8M149.7M77.6M
Equity Growth %--0.12%-0.15%16804.21%0.08%-0.14%0.04%0.07%-0.48%
Book Value per Share-0.00-0.00-0.0019.845.904.254.334.552.34
Total Shareholders' Equity-6.68K-7.48K-8.62K144.86M156.9M134.7M139.8M149.7M77.6M
Common Stock360359359139.86M00000
Retained Earnings-7.04K-7.84K-8.98K-127-53.4M-76.8M-74.2M-76.4M-149.3M
Treasury Stock0000-5.9M-5.9M-5.9M-5.9M-11.7M
Accumulated OCI000000-2.9M-1.8M-4.9M
Minority Interest000000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+053.23M-342-455.45K-35M30.7M18.5M58.4M57M
Operating CF Margin %-0.15%-0%-0%-0.04%0.03%0.01%0.03%0.03%
Operating CF Growth %---1%-1330.72%-75.85%1.88%-0.4%2.16%-0.02%
Net Income-800-800-1.14K8.85K-24M-20.8M9.3M8.9M-62.1M
Depreciation & Amortization031.52M37.1M50.1M75M95.8M112M132.6M144.5M
Stock-Based Compensation00006.7M1.2M2.7M4.3M4.8M
Deferred Taxes0000-6.6M3.6M-1.2M-10.1M-8.6M
Other Non-Cash Items014.51M2.6M-52.35M79.1M127.4M103.8M99.6M-22.9M
Working Capital Changes8008008001.78M-165.2M-176.5M-208.1M-176.9M1.3M
Change in Receivables0-11.26M-14M-23.2M-1.5M-40.7M-34.7M-16.6M42.7M
Change in Inventory0-31.87M-64.2M-72.2M-136.5M-154.1M-272.6M-286.3M-145.3M
Change in Payables0001.56M15.8M30.2M26.7M7.3M-26.9M
Cash from Investing+0-30.21M-39.4M-143.75M-227.9M-113.4M-155.1M-117.4M-56.2M
Capital Expenditures0-23.06M-34.6M-22.3M-45.9M-50.4M-76.7M-74.6M-58.6M
CapEx % of Revenue-0.07%0.08%0.04%0.05%0.04%0.05%0.04%0.03%
Acquisitions---------
Investments---------
Other Investing0307K-100K-55.95M-2M400K8.3M2.8M-600K
Cash from Financing+0-23.09M50K144.81M264.1M83.8M136.9M87.3M-17.9M
Debt Issued (Net)---------
Equity Issued (Net)---------
Dividends Paid00000-2.6M-6.7M-10.6M-10.8M
Share Repurchases---------
Other Financing0-61M0-78.86M145M-2.7M700K-2.1M-3.4M
Net Change in Cash---------
Free Cash Flow+030.17M-34.6M-22.76M-80.9M-19.7M-58.2M-16.2M-13.5M
FCF Margin %-0.09%-0.08%-0.04%-0.09%-0.02%-0.04%-0.01%-0.01%
FCF Growth %---2.15%0.34%-2.56%0.76%-1.95%0.72%0.17%
FCF per Share-1.64-1.88-3.12-3.04-0.62-1.80-0.49-0.41
FCF Conversion (FCF/Net Income)--66538.75x0.30x-51.45x1.46x-1.48x1.99x6.56x-0.92x
Interest Paid000029.3M028M53.6M76.4M
Taxes Paid0800800800001M5.7M3.7M

Key Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)---0.01%-15.91%-14.27%6.78%6.15%-54.64%
Return on Invested Capital (ROIC)-8.68%11.82%-2.01%-1.6%1.89%3.27%3.46%1.09%
Gross Margin-25.48%26.66%99.65%24.55%25.92%26.7%27.02%26.31%
Net Margin--0%-0%0%-2.75%-1.71%0.59%0.47%-3.31%
Debt / Equity----2.93x5.04x6.59x7.88x15.45x
Interest Coverage----0.09x-0.34x0.75x1.28x0.95x0.23x
FCF Conversion--66538.75x0.30x-51.45x1.46x-1.48x1.99x6.56x-0.92x
Revenue Growth--19.55%34.96%56.73%38.83%29.6%19.4%-0.01%

Revenue by Segment

20202021202220232024
Parts Sales---278.3M294.4M
Parts Sales Growth----5.79%
Service---241.3M253.8M
Service Growth----5.18%
Rental Revenue---202.4M203.4M
Rental Revenue Growth----0.49%
Design and Build Projects, Automated Equipment Installation And System Integration Services--15.6M--
Design and Build Projects, Automated Equipment Installation And System Integration Services Growth-----
Automated Equipment Installation And System Integration Services14.9M55.9M---
Automated Equipment Installation And System Integration Services Growth-275.17%---

Frequently Asked Questions

Growth & Financials

Alta Equipment Group Inc. (ALTG) reported $1.82B in revenue for fiscal year 2024.

Alta Equipment Group Inc. (ALTG) saw revenue decline by 0.0% over the past year.

Alta Equipment Group Inc. (ALTG) reported a net loss of $79.2M for fiscal year 2024.

Dividend & Returns

Yes, Alta Equipment Group Inc. (ALTG) pays a dividend with a yield of 3.73%. This makes it attractive for income-focused investors.

Alta Equipment Group Inc. (ALTG) has a return on equity (ROE) of -54.6%. Negative ROE indicates the company is unprofitable.

Alta Equipment Group Inc. (ALTG) had negative free cash flow of $9.6M in fiscal year 2024, likely due to heavy capital investments.

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