Alta Equipment (ALTG-PA) Gross Margin (2019 - 2026)
Alta Equipment (ALTG-PA) recorded quarterly Gross Margin of 26.63% in Q1 2026, up 13.43% quarter-over-quarter from 23.47% in Q4 2025, and down 56.0% on a YoY basis from 60.51% in Q1 2025.
Alta Equipment (ALTG-PA) Gross Margin (2019 - 2026) Analysis & Trends
Alta Equipment's Gross Margin history runs 8 years deep, the most recent figure standing at 26.63% for Q1 2026.
- In Q1 2026, Gross Margin fell 56.0% year-over-year to 26.63%; the TTM figure through Mar 2026 stood at 25.72% (down 55.0% YoY), while the FY2025 annual figure was 25.85%, down 46.0% from the prior year.
- Gross Margin was 26.63% for Q1 2026 at Alta Equipment, up from 23.47% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 28.83% in Q1 2023 to a low of 23.39% in Q4 2024.
- Historically, Gross Margin has averaged 26.56% across 5 years, with a median of 27.05% in 2023.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 252 bps in 2022, then slumped 211 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 25.85% in 2022, then declined by 1 bps to 25.5% in 2023, then decreased by 8 bps to 23.39% in 2024, then rose by 0 bps to 23.47% in 2025, then gained by 13 bps to 26.63% in 2026.
- The last three Gross Margin figures came in at 26.63% (Q1 2026), 23.47% (Q4 2025), and 27.88% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.87 Bn | 10.87 Bn | -42.05 Mn | -476.96% |
| 2 | Ryder System | 10.85 Bn | 10.85 Bn | 3.02 Bn | 96.67% |
| 3 | Avis Budget | 6.40 Bn | 5.99 Bn | - | - |
| 4 | Gatx | 6.26 Bn | 7.14 Bn | 561.90 Mn | 96.27% |
| 5 | WillScot Holdings | 5.01 Bn | 5.01 Bn | 285.68 Mn | 52.07% |
| 6 | Herc Holdings | 4.93 Bn | 4.89 Bn | 686.00 Mn | 60.23% |
| 7 | Mcgrath Rentcorp | 2.78 Bn | 2.78 Bn | 96.89 Mn | 48.80% |
| 8 | Custom Truck One Source | 2.38 Bn | 2.38 Bn | 103.06 Mn | 22.33% |
| 9 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 26.34% |
| 10 | Alta Equipment | - | - | 109.30 Mn | 26.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.63% |
| Dec 31, 2025 | 23.47% |
| Sep 30, 2025 | 27.88% |
| Jun 30, 2025 | 25.42% |
| Mar 31, 2025 | 27.19% |
| Dec 31, 2024 | 23.39% |
| Sep 30, 2024 | 27.76% |
| Jun 30, 2024 | 27.04% |
| Mar 31, 2024 | 27.31% |
| Dec 31, 2023 | 25.50% |
| Sep 30, 2023 | 27.05% |
| Jun 30, 2023 | 27.07% |
| Mar 31, 2023 | 28.83% |
| Dec 31, 2022 | 25.85% |
| Sep 30, 2022 | 27.56% |
| Jun 30, 2022 | 26.03% |
| Mar 31, 2022 | 27.56% |
| Dec 31, 2021 | 25.01% |
| Sep 30, 2021 | 27.49% |
| Jun 30, 2021 | 26.27% |