Alta Equipment (ALTG) Interest Coverage Ratio (2019 - 2026)
Alta Equipment's quarterly Interest Coverage Ratio came in at 2.85 in Q1 2026, down 1240.0% year-on-year from 0.25 in Q1 2025, and down 1294.81% quarter-over-quarter from 0.24 in Q4 2025.
Alta Equipment has reported Interest Coverage Ratio for 8 years, with the latest figure at 2.85 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 1240.0% year-over-year to 2.85; the trailing twelve-month figure through Mar 2026 stood at 0.24 (up 236.69% YoY), and the FY2025 full-year result was 0.26, up 253.5% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 2.85, down from 0.24 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 8.53 in Q2 2023, with the low at 2.85 in Q1 2026.
- Average Interest Coverage Ratio over 5 years is 1.56, with a median of 0.56 recorded in 2025.
- Year-over-year, Interest Coverage Ratio jumped 969.71% in 2023 and plunged 1240.0% in 2026.
- Tracing ALTG's Interest Coverage Ratio over 5 years: stood at 0.91 in 2022, then surged by 40.46% to 1.28 in 2023, then plunged by 200.25% to 1.29 in 2024, then jumped by 118.54% to 0.24 in 2025, then sank by 1294.81% to 2.85 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.85 (Q1 2026), 0.24 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 1.72 |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 0.14 |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 90.76 |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | - |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | -0.48 |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | - |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | - |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 6.68 |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | - |
| 10 | Alta Equipment | 165.37 Mn | 141.47 Mn | 109.30 Mn | -2.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.85 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | -1.29 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | -0.32 |
| Dec 31, 2023 | 1.28 |
| Sep 30, 2023 | 5.79 |
| Jun 30, 2023 | 8.53 |
| Mar 31, 2023 | 8.07 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 1.61 |
| Jun 30, 2022 | 1.91 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 27.67 |
| Sep 30, 2021 | 0.98 |
| Jun 30, 2021 | 6.40 |
| Mar 31, 2021 | 1.00 |
| Dec 31, 2020 | 0.03 |
| Sep 30, 2020 | -7.00 |
| Jun 30, 2020 | 3.00 |
| Mar 31, 2020 | -0.85 |
| Dec 31, 2019 | 0.10 |
| Sep 30, 2019 | 1.11 |
| Jun 30, 2019 | 1.02 |
| Mar 31, 2019 | 0.36 |