Alta Equipment (ALTG-PA) Debt Ratio (2019 - 2026)

Alta Equipment (ALTG-PA) recorded quarterly Debt Ratio of 0.16 in Q1 2026, down 2.76% quarter-over-quarter from 0.17 in Q4 2025, and up 6.61% on a YoY basis from 0.15 in Q1 2025.

Alta Equipment (ALTG-PA) Debt Ratio (2019 - 2026) Analysis & Trends

Alta Equipment's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.16 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 6.61% year-over-year to 0.16; the TTM figure through Mar 2026 stood at 0.16 (up 6.61% YoY), while the FY2025 annual figure was 0.17, up 29.41% from the prior year.
  • Debt Ratio was 0.16 for Q1 2026 at Alta Equipment, down from 0.17 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.41 in Q1 2022 to a low of 0.13 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.22 across 5 years, with a median of 0.19 in 2023.
  • Biggest YoY gain for Debt Ratio was 116.97% in 2022; the steepest drop was 68.97% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.17 in 2022, then gained by 19.92% to 0.21 in 2023, then sank by 37.6% to 0.13 in 2024, then grew by 29.41% to 0.17 in 2025, then dropped by 2.76% to 0.16 in 2026.
  • The last three Debt Ratio figures came in at 0.16 (Q1 2026), 0.17 (Q4 2025), and 0.17 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 U-Haul Holding 10.87 Bn 10.87 Bn -42.05 Mn 0.11
2 Ryder System 10.85 Bn 10.85 Bn 3.02 Bn 0.47
3 Avis Budget 6.40 Bn 5.99 Bn - 0.20
4 Gatx 6.26 Bn 7.14 Bn 561.90 Mn -
5 WillScot Holdings 5.01 Bn 5.01 Bn 285.68 Mn 0.60
6 Herc Holdings 4.93 Bn 4.89 Bn 686.00 Mn 0.59
7 Mcgrath Rentcorp 2.78 Bn 2.78 Bn 96.89 Mn -
8 Custom Truck One Source 2.38 Bn 2.38 Bn 103.06 Mn 0.46
9 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 0.39
10 Alta Equipment - - 109.30 Mn 0.16

Historic Data

Download Data
DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.17
Sep 30, 2025 0.17
Jun 30, 2025 0.34
Mar 31, 2025 0.15
Dec 31, 2024 0.13
Sep 30, 2024 0.13
Jun 30, 2024 0.31
Mar 31, 2024 0.21
Dec 31, 2023 0.21
Sep 30, 2023 0.22
Jun 30, 2023 0.21
Mar 31, 2023 0.19
Dec 31, 2022 0.17
Sep 30, 2022 0.14
Jun 30, 2022 0.41
Mar 31, 2022 0.41
Dec 31, 2021 0.10
Sep 30, 2021 0.45
Jun 30, 2021 0.43