Alta Equipment (ALTG-PA) Change in Accured Expenses (2019 - 2025)

Alta Equipment (ALTG-PA) recorded quarterly Change in Accured Expenses of $15.4 million in Q1 2025, up 215.79% quarter-over-quarter from -$13.3 million in Q4 2024, and up 7800.0% on a YoY basis from $194936.7 in Q1 2024.

Alta Equipment (ALTG-PA) Change in Accured Expenses (2019 - 2025) Analysis & Trends

Alta Equipment's Change in Accured Expenses history runs 7 years deep, the most recent figure standing at $15.4 million for Q1 2025.

  • In Q1 2025, Change in Accured Expenses rose 7800.0% year-over-year to $15.4 million; the TTM figure through Mar 2025 stood at -$11.3 million (down 183.09% YoY), while the FY2024 annual figure was -$26.9 million, down 468.49% from the prior year.
  • Change in Accured Expenses was $15.4 million for Q1 2025 at Alta Equipment, up from -$13.3 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $23.0 million in Q2 2021 to a low of -$21.2 million in Q2 2023.
  • Historically, Change in Accured Expenses has averaged $3.1 million across 5 years, with a median of $200000.0 in 2022.
  • The sharpest annual moves came in 2021 and 2023: Change in Accured Expenses surged 13100.0% in 2021, then slumped 3350.0% in 2023.
  • A 5-year view of Change in Accured Expenses shows it stood at $13.0 million in 2021, then tumbled by 129.23% to -$3.8 million in 2022, then jumped by 473.68% to $14.2 million in 2023, then sank by 193.66% to -$13.3 million in 2024, then jumped by 215.79% to $15.4 million in 2025.
  • The last three Change in Accured Expenses figures came in at $15.4 million (Q1 2025), -$13.3 million (Q4 2024), and $900000.0 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 U-Haul Holding 10.87 Bn 10.87 Bn -42.05 Mn -83.05 Mn
2 Ryder System 10.85 Bn 10.85 Bn 3.02 Bn -122.00 Mn
3 Avis Budget 6.40 Bn 5.99 Bn - -5.00 Mn
4 Gatx 6.26 Bn 7.14 Bn 561.90 Mn -
5 WillScot Holdings 5.01 Bn 5.01 Bn 285.68 Mn 54.27 Mn
6 Herc Holdings 4.93 Bn 4.89 Bn 686.00 Mn 36.00 Mn
7 Mcgrath Rentcorp 2.78 Bn 2.78 Bn 96.89 Mn -4.63 Mn
8 Custom Truck One Source 2.38 Bn 2.38 Bn 103.06 Mn 8.15 Mn
9 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 6.90 Mn
10 Alta Equipment - - 109.30 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2025 15.40 Mn
Mar 31, 2025 15.40 Mn
Dec 31, 2024 -13.30 Mn
Dec 31, 2024 -13.30 Mn
Sep 30, 2024 900,000.00
Sep 30, 2024 900,000.00
Jun 30, 2024 -14.30 Mn
Jun 30, 2024 -14.30 Mn
Mar 31, 2024 -200,000.00
Mar 31, 2024 -200,000.00
Dec 31, 2023 14.20 Mn
Dec 31, 2023 14.20 Mn
Sep 30, 2023 20.80 Mn
Sep 30, 2023 20.80 Mn
Jun 30, 2023 -21.20 Mn
Jun 30, 2023 -21.20 Mn
Mar 31, 2023 -6.50 Mn
Mar 31, 2023 -6.50 Mn
Dec 31, 2022 -3.80 Mn
Dec 31, 2022 -3.80 Mn