Alta Equipment (ALTG) Gross Margin (2019 - 2026)
Alta Equipment (ALTG) recorded Gross Margin of 26.12% in Q2 2026, up 0.70 percentage points from 25.42% a year earlier but down 0.51 percentage points from the prior quarter.
Alta Equipment (ALTG) Gross Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Alta Equipment's Gross Margin came in at 25.90% as of Jun 30, 2026, up 0.06 percentage points year-over-year; for FY2025, it came in at 25.85%, down 0.46 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +1.30 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 26.31% in FY2024 (-0.72 pp), 27.02% in FY2023 (+0.33 pp), 26.70% in FY2022 (+0.77 pp) and 25.92% in FY2021 (+1.37 pp).
- Quarterly Gross Margin has ranged from 23.39% in Q4 2024 to 28.83% in Q1 2023 over the past five years.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -0.35 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.52 percentage points in Q1 2022, against a drop of 2.11 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.63% (Q1 2026), 23.47% (Q4 2025) and 27.88% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 31.02% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 40.10% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 28.09% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 21.85% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 30.40% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 27.50% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 31.73% |
| 10 | Alta Equipment | 188.48 Mn | 110.98 Mn | 124.20 Mn | 26.12% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.12% |
| Mar 31, 2026 | 26.63% |
| Dec 31, 2025 | 23.47% |
| Sep 30, 2025 | 27.88% |
| Jun 30, 2025 | 25.42% |
| Mar 31, 2025 | 27.19% |
| Dec 31, 2024 | 23.39% |
| Sep 30, 2024 | 27.76% |
| Jun 30, 2024 | 27.04% |
| Mar 31, 2024 | 27.31% |
| Dec 31, 2023 | 25.50% |
| Sep 30, 2023 | 27.05% |
| Jun 30, 2023 | 27.07% |
| Mar 31, 2023 | 28.83% |
| Dec 31, 2022 | 25.85% |
| Sep 30, 2022 | 27.56% |
| Jun 30, 2022 | 26.03% |
| Mar 31, 2022 | 27.56% |
| Dec 31, 2021 | 25.01% |
| Sep 30, 2021 | 27.49% |
Alta Equipment Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ALTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ALTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();