Alta Equipment (ALTG) Depreciation Expense (2023 - 2026)
Alta Equipment's quarterly Depreciation Expense came in at $19.8 million in Q1 2026, down 10.41% year-on-year from $22.1 million in Q1 2025, and down 8.33% quarter-over-quarter from $21.6 million in Q4 2025.
Alta Equipment has reported Depreciation Expense for 4 years, with the latest figure at $19.8 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation Expense fell 10.41% year-over-year to $19.8 million; the trailing twelve-month figure through Mar 2026 stood at $88.6 million (down 10.32% YoY), and the FY2025 full-year result was $90.9 million, down 9.73% from the prior year.
- Depreciation Expense for Q1 2026 stood at $19.8 million, down from $21.6 million in the prior quarter.
- The five-year high for Depreciation Expense was $26.8 million in Q2 2024, with the low at $19.8 million in Q1 2026.
- Average Depreciation Expense over 4 years is $24.0 million, with a median of $23.6 million recorded in 2024.
- Year-over-year, Depreciation Expense decreased 0.75% in 2024 and dropped 11.94% in 2025.
- Tracing ALTG's Depreciation Expense over 4 years: stood at $26.2 million in 2023, then fell by 9.92% to $23.6 million in 2024, then fell by 8.47% to $21.6 million in 2025, then decreased by 8.33% to $19.8 million in 2026.
- The last three Depreciation Expense figures came in at $19.8 million (Q1 2026), $21.6 million (Q4 2025), and $23.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | - |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | - |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 325.22 Mn |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 174.60 Mn |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | 664.00 Mn |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 68.76 Mn |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 242.00 Mn |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 22.72 Mn |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 56.20 Mn |
| 10 | Alta Equipment | 165.37 Mn | 141.47 Mn | 109.30 Mn | 19.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.80 Mn |
| Dec 31, 2025 | 21.60 Mn |
| Sep 30, 2025 | 23.60 Mn |
| Jun 30, 2025 | 23.60 Mn |
| Mar 31, 2025 | 22.10 Mn |
| Dec 31, 2024 | 23.60 Mn |
| Sep 30, 2024 | 26.30 Mn |
| Jun 30, 2024 | 26.80 Mn |
| Mar 31, 2024 | 24.00 Mn |
| Dec 31, 2023 | 26.20 Mn |
| Sep 30, 2023 | 26.50 Mn |