Alta Equipment (ALTG) Interest Coverage Ratio (2019 - 2026)
Alta Equipment (ALTG) posted quarterly Interest Coverage Ratio of 0.1 for Q1 2026, down 374.23% year-over-year from 0.04 in Q1 2025, and down 142.0% quarter-over-quarter from 0.24 in Q4 2025.
Analysis
Alta Equipment (ALTG) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Alta Equipment's Interest Coverage Ratio history runs 8 years deep, the most recent figure standing at 0.1 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 374.23% year-over-year to 0.1; the TTM figure through Mar 2026 stood at 0.29 (up 25.93% YoY), while the FY2025 annual figure was 0.26, up 14.71% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.1, down from 0.24 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.91 in Q2 2022, with the low at 0.1 in Q1 2026.
- The 5-year median for Interest Coverage Ratio is 0.54 (2024), against an average of 0.6.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio surged 774.75% in 2022, then tumbled 374.23% in 2026.
- Alta Equipment's Interest Coverage Ratio stood at 0.91 in 2022, then decreased by 17.04% to 0.76 in 2023, then plunged by 86.46% to 0.1 in 2024, then jumped by 132.57% to 0.24 in 2025, then slumped by 142.0% to 0.1 in 2026.
- Business Quant data shows ALTG's Interest Coverage Ratio at 0.1 in Q1 2026, 0.24 in Q4 2025, and 0.08 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.34 Bn | 30.31 Bn | 978.00 Mn | - |
| 2 | AerCap Holdings | 25.16 Bn | 25.16 Bn | - | 2.70 |
| 3 | Ryder System | 9.39 Bn | 9.39 Bn | 1.45 Bn | -17.64 |
| 4 | Gatx | 6.25 Bn | 6.25 Bn | 555.30 Mn | - |
| 5 | Avis Budget | 5.18 Bn | 4.62 Bn | - | 1.21 |
| 6 | Herc Holdings | 5.08 Bn | 5.04 Bn | 713.00 Mn | - |
| 7 | EquipmentShare.com | 4.46 Bn | 4.02 Bn | 411.00 Mn | 1.29 |
| 8 | WillScot Holdings | 3.73 Bn | 3.73 Bn | 306.26 Mn | - |
| 9 | Mcgrath Rentcorp | 2.76 Bn | 2.76 Bn | 107.91 Mn | 7.49 |
| 10 | Alta Equipment | 193.76 Mn | 172.86 Mn | 124.20 Mn | 0.62 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.62 |
| Mar 31, 2026 | -0.29 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | -0.06 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.91 |
| Jun 30, 2023 | 1.18 |
| Mar 31, 2023 | 1.01 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 1.61 |
| Jun 30, 2022 | 1.91 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 1.36 |
| Sep 30, 2021 | 0.98 |