Alta Equipment (ALTG-PA) Interest Coverage Ratio (2019 - 2026)
Alta Equipment (ALTG-PA) recorded quarterly Interest Coverage Ratio of 2.85 in Q1 2026, down 1294.81% quarter-over-quarter from 0.24 in Q4 2025, and down 1240.0% on a YoY basis from 0.25 in Q1 2025.
Alta Equipment (ALTG-PA) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Alta Equipment's Interest Coverage Ratio history runs 8 years deep, the most recent figure standing at 2.85 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 1240.0% year-over-year to 2.85; the TTM figure through Mar 2026 stood at 0.24 (up 236.69% YoY), while the FY2025 annual figure was 0.26, up 253.5% from the prior year.
- Interest Coverage Ratio was 2.85 for Q1 2026 at Alta Equipment, down from 0.24 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 8.53 in Q2 2023 to a low of 2.85 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 1.56 across 5 years, with a median of 0.56 in 2025.
- The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio surged 969.71% in 2023, then plunged 1240.0% in 2026.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.91 in 2022, then jumped by 40.46% to 1.28 in 2023, then sank by 200.25% to 1.29 in 2024, then soared by 118.54% to 0.24 in 2025, then slumped by 1294.81% to 2.85 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.85 (Q1 2026), 0.24 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.87 Bn | 10.87 Bn | -42.05 Mn | 90.76 |
| 2 | Ryder System | 10.85 Bn | 10.85 Bn | 3.02 Bn | 0.14 |
| 3 | Avis Budget | 6.40 Bn | 5.99 Bn | - | -0.48 |
| 4 | Gatx | 6.26 Bn | 7.14 Bn | 561.90 Mn | - |
| 5 | WillScot Holdings | 5.01 Bn | 5.01 Bn | 285.68 Mn | - |
| 6 | Herc Holdings | 4.93 Bn | 4.89 Bn | 686.00 Mn | - |
| 7 | Mcgrath Rentcorp | 2.78 Bn | 2.78 Bn | 96.89 Mn | 6.68 |
| 8 | Custom Truck One Source | 2.38 Bn | 2.38 Bn | 103.06 Mn | - |
| 9 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | - |
| 10 | Alta Equipment | - | - | 109.30 Mn | -2.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.85 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | -1.29 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | -0.32 |
| Dec 31, 2023 | 1.28 |
| Sep 30, 2023 | 5.79 |
| Jun 30, 2023 | 8.53 |
| Mar 31, 2023 | 8.07 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 1.61 |
| Jun 30, 2022 | 1.91 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 27.67 |
| Sep 30, 2021 | 0.98 |
| Jun 30, 2021 | 6.40 |