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