Alta Equipment (ALTG-PA) Interest Expenses (2019 - 2026)
Alta Equipment (ALTG-PA) recorded quarterly Interest Expenses of $2.0 million in Q1 2026, down 90.83% quarter-over-quarter from $21.8 million in Q4 2025, and down 37.5% on a YoY basis from $3.2 million in Q1 2025.
Alta Equipment (ALTG-PA) Interest Expenses (2019 - 2026) Analysis & Trends
Alta Equipment's Interest Expenses history runs 8 years deep, the most recent figure standing at $2.0 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 37.5% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at $68.5 million (changed 0.15% YoY), while the FY2025 annual figure was $88.4 million, up 8.73% from the prior year.
- Interest Expenses was $2.0 million for Q1 2026 at Alta Equipment, down from $21.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $23.4 million in Q4 2024 to a low of -$32.5 million in Q4 2023.
- Historically, Interest Expenses has averaged $8.5 million across 5 years, with a median of $6.8 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses surged 3366.67% in 2022, then plunged 412.5% in 2023.
- A 5-year view of Interest Expenses shows it stood at $10.4 million in 2022, then slumped by 412.5% to -$32.5 million in 2023, then soared by 172.0% to $23.4 million in 2024, then retreated by 6.84% to $21.8 million in 2025, then plunged by 90.83% to $2.0 million in 2026.
- The last three Interest Expenses figures came in at $2.0 million (Q1 2026), $21.8 million (Q4 2025), and $22.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.87 Bn | 10.87 Bn | -42.05 Mn | 371,000.00 |
| 2 | Ryder System | 10.85 Bn | 10.85 Bn | 3.02 Bn | 97.00 Mn |
| 3 | Avis Budget | 6.40 Bn | 5.99 Bn | - | 229.00 Mn |
| 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 | 6.50 Mn |
| 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 | 2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 21.80 Mn |
| Dec 31, 2025 | 21.80 Mn |
| Sep 30, 2025 | 22.40 Mn |
| Sep 30, 2025 | 22.40 Mn |
| Jun 30, 2025 | 22.30 Mn |
| Jun 30, 2025 | 22.30 Mn |
| Mar 31, 2025 | 3.20 Mn |
| Mar 31, 2025 | 3.20 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Sep 30, 2024 | 22.60 Mn |
| Sep 30, 2024 | 22.60 Mn |
| Jun 30, 2024 | 19.20 Mn |
| Jun 30, 2024 | 19.20 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Dec 31, 2023 | -32.50 Mn |
| Dec 31, 2023 | -32.50 Mn |