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
DateValue
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