Alta Equipment (ALTG) Interest Expenses (2019 - 2026)
Alta Equipment (ALTG) recorded Interest Expenses of $19.5 million in Q2 2026, down 12.6% from $22.3 million a year earlier and unchanged from the prior quarter.
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Analysis
Alta Equipment (ALTG) Interest Expenses (2019 - 2026) Analysis & Trends
On a TTM basis, Alta Equipment's Interest Expenses came in at $83.2 million as of Jun 30, 2026, down 7.8% year-over-year; for FY2025, it was $88.4 million, up 8.7% from FY2024.
- Annual Interest Expenses has increased for six straight years, with a five-year compound annual growth rate of 30.0% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $81.3 million in FY2024 (+42.6%), $57 million in FY2023 (+79.2%), $31.8 million in FY2022 (+32.5%) and $24 million in FY2021 (+0.8%).
- Quarterly Interest Expenses has ranged from $6.1 million in Q3 2021 to $23.4 million in Q4 2024 over the past five years.
- On a year-over-year basis, Interest Expenses has declined for four consecutive quarters, with growth averaging 14.4% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 101.5% in Q2 2023, against a decline of 12.6% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.5 million (Q1 2026), $21.8 million (Q4 2025) and $22.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | - |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | 1.20 Mn |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | - |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | - |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | - |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | 39.40 Mn |
| 10 | Alta Equipment | 193.04 Mn | 115.54 Mn | 124.20 Mn | 19.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.50 Mn |
| Mar 31, 2026 | 19.50 Mn |
| Dec 31, 2025 | 21.80 Mn |
| Sep 30, 2025 | 22.40 Mn |
| Jun 30, 2025 | 22.30 Mn |
| Mar 31, 2025 | 21.90 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Sep 30, 2024 | 22.60 Mn |
| Jun 30, 2024 | 19.20 Mn |
| Mar 31, 2024 | 16.10 Mn |
| Dec 31, 2023 | 16.10 Mn |
| Sep 30, 2023 | 15.20 Mn |
| Jun 30, 2023 | 13.70 Mn |
| Mar 31, 2023 | 12.00 Mn |
| Dec 31, 2022 | 10.40 Mn |
| Sep 30, 2022 | 8.50 Mn |
| Jun 30, 2022 | 6.80 Mn |
| Mar 31, 2022 | 6.10 Mn |
| Dec 31, 2021 | 6.10 Mn |
| Sep 30, 2021 | 6.10 Mn |
API Access
Alta Equipment Interest Expenses 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=interest-expenses&ticker=ALTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();