Alta Equipment (ALTG) Debt Ratio (2019 - 2026)

Alta Equipment (ALTG) posted quarterly Debt Ratio of 0.37 for Q1 2026, up 145.11% year-over-year from 0.15 in Q1 2025, and up 123.59% quarter-over-quarter from 0.17 in Q4 2025.

Alta Equipment (ALTG) Debt Ratio (2019 - 2026) Analysis & Trends

Alta Equipment's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.37 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 145.11% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (up 145.11% YoY), while the FY2025 annual figure was 0.17, down 49.79% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.37, up from 0.17 in the prior quarter.
  • The five-year high for Debt Ratio was 0.41 in Q1 2022, with the low at 0.14 in Q3 2022.
  • The 5-year median for Debt Ratio is 0.21 (2023), against an average of 0.23.
  • The sharpest annual moves came in 2022 and 2026: Debt Ratio slumped 68.97% in 2022, then jumped 145.11% in 2026.
  • Alta Equipment's Debt Ratio stood at 0.24 in 2022, then dropped by 16.65% to 0.2 in 2023, then soared by 62.65% to 0.33 in 2024, then slumped by 49.79% to 0.17 in 2025, then jumped by 123.59% to 0.37 in 2026.
  • Business Quant data shows ALTG's Debt Ratio at 0.37 in Q1 2026, 0.17 in Q4 2025, and 0.17 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sunbelt Rentals Holdings 33.87 Bn 33.85 Bn 978.00 Mn 0.37
2 AerCap Holdings 23.31 Bn 23.31 Bn 2.02 Bn -
3 U-Haul Holding 14.41 Bn 14.41 Bn - 0.11
4 Ryder System 9.95 Bn 9.95 Bn 1.45 Bn 0.46
5 Gatx 6.34 Bn 6.34 Bn 555.30 Mn -
6 Herc Holdings 5.72 Bn 5.68 Bn 713.00 Mn 0.58
7 Avis Budget 4.98 Bn 4.42 Bn - 0.19
8 WillScot Holdings 4.15 Bn 4.13 Bn 306.26 Mn 0.60
9 Mcgrath Rentcorp 2.96 Bn 2.96 Bn 107.91 Mn 0.24
10 Alta Equipment 249.50 Mn 228.60 Mn 124.20 Mn 0.38

Historic Data

Download Data
DateValue
Jun 30, 2026 0.38
Mar 31, 2026 0.37
Dec 31, 2025 0.17
Sep 30, 2025 0.17
Jun 30, 2025 0.16
Mar 31, 2025 0.15
Dec 31, 2024 0.33
Sep 30, 2024 0.32
Jun 30, 2024 0.14
Mar 31, 2024 0.22
Dec 31, 2023 0.20
Sep 30, 2023 0.21
Jun 30, 2023 0.20
Mar 31, 2023 0.23
Dec 31, 2022 0.24
Sep 30, 2022 0.14
Jun 30, 2022 0.29
Mar 31, 2022 0.41
Dec 31, 2021 0.10
Sep 30, 2021 0.45