Loading…
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company 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 sells new and used equipment; and sells and distributes replacement parts. In addition, the company offers repair and maintenance services for its equipment; designs and builds services related to automated equipment installation and warehouse management systems integration solutions; and sell new heavy construction, material handling, and environmental processing equipment, as well as tangential products and services. Further, it rents heavy construction, compact, aerial, material handling, and various other types of equipment; and sells rental equipment from its rental fleet; and offers maintenance and repair services. It serves food and beverage, diversified manufacturing, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture and forestry, road building, aggregate and mining, utilities and power generation, and recycling and waste management, and other sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.8B | $163M | $-80M | $-18M | 912.5% | -2.2% | 29.3% |
| 2024 | $1.9B | $160M | $-62M | $-14M | -80.0% | -0.0% | -797.8% |
| 2023 | $1.9B | $192M | $9M | $-16M | 5.9% | 19.4% | -4.3% |
| 2022 | $1.6B | $154M | $9M | $-58M | 6.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,571.80 | 1,876.80 | 1,876.60 | 1,835.90 |
| Operating Revenue | - | 1,571.80 | 1,876.80 | 1,876.60 | 1,835.90 |
| Cost Of Revenue | - | 1,152.20 | 1,369.60 | 1,382.90 | 1,361.30 |
| Gross Profit | - | 419.60 | 507.20 | 493.70 | 474.60 |
| Operating Expense | - | 378.80 | 452.80 | 475.10 | 451.40 |
| Selling General And Administration | - | 362.30 | 430.30 | 446.50 | 422.70 |
| Total Expenses | - | 1,531 | 1,822.40 | 1,858 | 1,812.70 |
| Operating Income | - | 40.80 | 54.40 | 18.60 | 23.20 |
| Total Operating Income As Reported | - | 40.80 | 54.40 | 18.60 | 23.20 |
| EBITDA | - | 154.40 | 192.10 | 159.50 | 163.20 |
| Normalized EBITDA | - | 154.40 | 192.10 | 166.20 | 158.60 |
| EBIT | - | 42.40 | 59.50 | 15 | 29.60 |
| Interest Expense | - | 31.80 | 57 | 81.30 | 88.40 |
| Net Interest Income | - | -31.80 | -57 | -81.30 | -88.40 |
| Other Non Operating Income Expenses | - | 1.60 | 5.10 | 3.10 | 1.80 |
| Other Income Expense | - | 1.60 | 5.10 | -3.60 | 6.40 |
| Interest Expense Non Operating | - | 31.80 | 57 | 81.30 | 88.40 |
| Net Non Operating Interest Income Expense | - | -31.80 | -57 | -81.30 | -88.40 |
| Pretax Income | - | 10.60 | 2.50 | -66.30 | -58.80 |
| Tax Provision | - | 1.30 | -6.40 | -4.20 | 21.50 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | -0.42 | 0.97 |
| Net Income Continuous Operations | - | 9.30 | 8.90 | -62.10 | -80.30 |
| Net Income From Continuing And Discontinued Operation | - | 9.30 | 8.90 | -62.10 | -80.30 |
| Net Income From Continuing Operation Net Minority Interest | - | 9.30 | 8.90 | -62.10 | -80.30 |
| Net Income | - | 9.30 | 8.90 | -62.10 | -80.30 |
| Net Income Common Stockholders | - | 6.30 | 5.90 | -65.10 | -83.30 |
| Net Income Including Noncontrolling Interests | - | 9.30 | 8.90 | -62.10 | -80.30 |
| Normalized Income | - | 9.30 | 8.90 | -55.82 | -83.93 |
| Diluted NI Availto Com Stockholders | - | 6.30 | 5.90 | -65.10 | -83.30 |
| Basic Average Shares | - | 32.10 | 32.45 | 33.18 | 32.71 |
| Diluted Average Shares | - | 32.30 | 32.88 | 33.18 | 32.71 |
| Reconciled Depreciation | - | 112 | 132.60 | 144.50 | 133.60 |
| Reconciled Cost Of Revenue | - | 1,056.70 | 1,259.50 | 1,267 | 1,256.40 |
| Total Unusual Items | - | 0 | 0 | -6.70 | 4.60 |
| Total Unusual Items Excluding Goodwill | - | 0 | 0 | -6.70 | 4.60 |
| Preferred Stock Dividends | - | 3 | 3 | 3 | 3 |
| Special Income Charges | - | 0 | 0 | -6.70 | 4.60 |
| Gain On Sale Of Business | - | - | 0 | 0 | 4.60 |
| Other Special Charges | 11.90 | - | - | 6.70 | - |
| Depreciation Amortization Depletion Income Statement | - | 16.50 | 22.50 | 28.60 | 28.70 |
| Depreciation And Amortization In Income Statement | - | 16.50 | 22.50 | 28.60 | 28.70 |
| General And Administrative Expense | 285.90 | 362.30 | 430.30 | 446.50 | - |
| Other Gand A | 285.90 | 362.30 | 430.30 | 446.50 | - |
| Rent Expense Supplemental | - | 125.40 | 119.30 | 127.10 | 103.40 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Alta Equipment Group Inc.this co. | ALTG | $226M | -2.81 | -25.66 | 912.5% | 8.40 |
| Outdoor Holding Company | POWW | $236M | -1.80 | 1.06 | -58.9% | -4.57 |
| EVI Industries, Inc. | EVI | $229M | 30.60 | 1.60 | 5.2% | 13.95 |
| Gencor Industries, Inc. | GENC | $217M | 13.88 | 1.03 | 7.4% | 4.97 |
| Perma-Fix Environmental Services, Inc. | PESI |
| - |
| - |
| - |
| - |
| - |
| - |
| $217M |
| -15.75 |
| 4.33 |
| -27.5% |
| -24.16 |
| TrueBlue, Inc. | TBI | $209M | - | 0.76 | -17.5% | 394.69 |
| SEACOR Marine Holdings Inc. | SMHI | $203M | -7.30 | 0.77 | -10.5% | 7.34 |
| Mammoth Energy Services, Inc. | TUSK | $185M | 40.24 | 0.72 | 1.8% | -4.84 |
| Proficient Auto Logistics, Inc. | PAL | $180M | -5.00 | 0.58 | -11.6% | 95.31 |
| Peer Median | - | -1.80 | 0.90 | -11.1% | 6.16 | |