Alta Equipment (ALTG-PA) Tax Rate (2019 - 2026)
Alta Equipment (ALTG-PA) recorded quarterly Tax Rate of 16.31% in Q1 2026, down 44.75% quarter-over-quarter from 29.52% in Q4 2025, and up 1977.0% on a YoY basis from 0.79% in Q1 2025.
Alta Equipment (ALTG-PA) Tax Rate (2019 - 2026) Analysis & Trends
Alta Equipment's Tax Rate history runs 8 years deep, the most recent figure standing at 16.31% for Q1 2026.
- In Q1 2026, Tax Rate rose 1977.0% year-over-year to 16.31%; the TTM figure through Mar 2026 stood at 27.46% (down 2647.0% YoY), while the FY2025 annual figure was 36.56%, down 4290.0% from the prior year.
- Tax Rate was 16.31% for Q1 2026 at Alta Equipment, down from 29.52% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 45.64% in Q4 2024 to a low of 7300.0% in Q3 2023.
- Historically, Tax Rate has averaged 527.91% across 5 years, with a median of 6.57% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 730556 bps in 2023, then jumped 722795 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 550.0% in 2022, then rose by 5 bps to 521.43% in 2023, then soared by 109 bps to 45.64% in 2024, then sank by 35 bps to 29.52% in 2025, then plunged by 45 bps to 16.31% in 2026.
- The last three Tax Rate figures came in at 16.31% (Q1 2026), 29.52% (Q4 2025), and 141.86% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.87 Bn | 10.87 Bn | -42.05 Mn | 28.33% |
| 2 | Ryder System | 10.85 Bn | 10.85 Bn | 3.02 Bn | 21.19% |
| 3 | Avis Budget | 6.40 Bn | 5.99 Bn | - | 31.18% |
| 4 | Gatx | 6.26 Bn | 7.14 Bn | 561.90 Mn | 26.67% |
| 5 | WillScot Holdings | 5.01 Bn | 5.01 Bn | 285.68 Mn | - |
| 6 | Herc Holdings | 4.93 Bn | 4.89 Bn | 686.00 Mn | -4.35% |
| 7 | Mcgrath Rentcorp | 2.78 Bn | 2.78 Bn | 96.89 Mn | 26.68% |
| 8 | Custom Truck One Source | 2.38 Bn | 2.38 Bn | 103.06 Mn | -7.81% |
| 9 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | -3.39% |
| 10 | Alta Equipment | - | - | 109.30 Mn | 16.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.31% |
| Mar 31, 2026 | 16.31% |
| Dec 31, 2025 | 29.52% |
| Dec 31, 2025 | 29.52% |
| Sep 30, 2025 | -141.86% |
| Sep 30, 2025 | -141.86% |
| Jun 30, 2025 | -27.08% |
| Jun 30, 2025 | -27.08% |
| Mar 31, 2025 | -3.47% |
| Mar 31, 2025 | -3.47% |
| Dec 31, 2024 | 45.64% |
| Dec 31, 2024 | 45.64% |
| Sep 30, 2024 | -72.05% |
| Sep 30, 2024 | -72.05% |
| Jun 30, 2024 | 18.49% |
| Jun 30, 2024 | 18.49% |
| Mar 31, 2024 | 26.09% |
| Mar 31, 2024 | 26.09% |
| Dec 31, 2023 | -521.43% |
| Dec 31, 2023 | -521.43% |