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| Date | Value |
|---|---|
| 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 |