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
DateValue
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