Alta Equipment (ALTG) Gross Margin (2019 - 2026)
Alta Equipment's quarterly Gross Margin came in at 26.63% in Q1 2026, down 56.0% year-on-year from 60.51% in Q1 2025, and up 13.43% quarter-over-quarter from 23.47% in Q4 2025.
Alta Equipment has reported Gross Margin for 8 years, with the latest figure at 26.63% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 56.0% year-over-year to 26.63%; the trailing twelve-month figure through Mar 2026 stood at 25.72% (down 55.0% YoY), and the FY2025 full-year result was 25.85%, down 46.0% from the prior year.
- Gross Margin for Q1 2026 stood at 26.63%, up from 23.47% in the prior quarter.
- The five-year high for Gross Margin was 28.83% in Q1 2023, with the low at 23.39% in Q4 2024.
- Average Gross Margin over 5 years is 26.56%, with a median of 27.05% recorded in 2023.
- Year-over-year, Gross Margin surged 252 bps in 2022 and slumped 211 bps in 2024.
- Tracing ALTG's Gross Margin over 5 years: stood at 25.85% in 2022, then fell by 1 bps to 25.5% in 2023, then slipped by 8 bps to 23.39% in 2024, then gained by 0 bps to 23.47% in 2025, then advanced by 13 bps to 26.63% in 2026.
- The last three Gross Margin figures came in at 26.63% (Q1 2026), 23.47% (Q4 2025), and 27.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 92.18% |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 96.67% |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | -476.96% |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 96.27% |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 52.07% |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 60.23% |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 48.80% |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 22.33% |
| 10 | Alta Equipment | 165.37 Mn | 141.47 Mn | 109.30 Mn | 26.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 26.27% |
| Mar 31, 2021 | 25.04% |
| Dec 31, 2020 | 22.97% |
| Sep 30, 2020 | 25.70% |
| Jun 30, 2020 | 24.10% |
| Mar 31, 2020 | 26.09% |
| Dec 31, 2019 | 24.68% |
| Sep 30, 2019 | 29.51% |
| Jun 30, 2019 | 28.40% |
| Mar 31, 2019 | 26.88% |