Alta Equipment (ALTG) Gross Margin (2019 - 2026)

Alta Equipment (ALTG) posted quarterly Gross Margin of 26.63% for Q1 2026, down 56.0% year-over-year from 60.51% in Q1 2025, and up 13.43% quarter-over-quarter from 23.47% in Q4 2025.

Alta Equipment (ALTG) Gross Margin (2019 - 2026) Analysis & Trends

Alta Equipment's Gross Margin history runs 8 years deep, the most recent figure standing at 26.63% for Q1 2026.

  • In Q1 2026, Gross Margin fell 56.0% year-over-year to 26.63%; the TTM figure through Mar 2026 stood at 25.72% (down 55.0% YoY), while the FY2025 annual figure 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.
  • The 5-year median for Gross Margin is 27.05% (2023), against an average of 26.56%.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin surged 252 bps in 2022, then sank 211 bps in 2024.
  • Alta Equipment's Gross Margin stood at 25.85% in 2022, then dropped by 1 bps to 25.5% in 2023, then retreated by 8 bps to 23.39% in 2024, then increased by 0 bps to 23.47% in 2025, then rose by 13 bps to 26.63% in 2026.
  • Business Quant data shows ALTG's Gross Margin at 26.63% in Q1 2026, 23.47% in Q4 2025, and 27.88% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sunbelt Rentals Holdings 33.87 Bn 33.85 Bn 978.00 Mn 35.51%
2 AerCap Holdings 23.31 Bn 23.31 Bn 2.02 Bn 93.08%
3 U-Haul Holding 14.41 Bn 14.41 Bn - -
4 Ryder System 9.95 Bn 9.95 Bn 1.45 Bn 43.35%
5 Gatx 6.34 Bn 6.34 Bn 555.30 Mn 95.72%
6 Herc Holdings 5.72 Bn 5.68 Bn 713.00 Mn 59.22%
7 Avis Budget 4.98 Bn 4.42 Bn - -
8 WillScot Holdings 4.15 Bn 4.13 Bn 306.26 Mn 50.03%
9 Mcgrath Rentcorp 2.96 Bn 2.96 Bn 107.91 Mn 48.80%
10 Alta Equipment 249.50 Mn 228.60 Mn 124.20 Mn 26.12%

Historic Data

Download Data
DateValue
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%