Alta Equipment (ALTG) Interest Expenses (2019 - 2026)
Alta Equipment's quarterly Interest Expenses came in at $2.0 million in Q1 2026, down 37.5% year-on-year from $3.2 million in Q1 2025, and down 90.83% quarter-over-quarter from $21.8 million in Q4 2025.
Alta Equipment has reported Interest Expenses for 8 years, with the latest figure at $2.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 37.5% year-over-year to $2.0 million; the trailing twelve-month figure through Mar 2026 stood at $68.5 million (changed 0.15% YoY), and the FY2025 full-year result was $88.4 million, up 8.73% from the prior year.
- Interest Expenses for Q1 2026 stood at $2.0 million, down from $21.8 million in the prior quarter.
- The five-year high for Interest Expenses was $23.4 million in Q4 2024, with the low at -$32.5 million in Q4 2023.
- Average Interest Expenses over 5 years is $8.5 million, with a median of $6.8 million recorded in 2022.
- Year-over-year, Interest Expenses jumped 3366.67% in 2022 and plunged 412.5% in 2023.
- Tracing ALTG's Interest Expenses over 5 years: stood at $10.4 million in 2022, then sank by 412.5% to -$32.5 million in 2023, then jumped by 172.0% to $23.4 million in 2024, then decreased by 6.84% to $21.8 million in 2025, then tumbled by 90.83% to $2.0 million in 2026.
- The last three Interest Expenses figures came in at $2.0 million (Q1 2026), $21.8 million (Q4 2025), and $22.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 61.41 Mn |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 97.00 Mn |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 371,000.00 |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | - |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | 229.00 Mn |
| 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 | 6.50 Mn |
| 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 | 2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 21.80 Mn |
| Dec 31, 2025 | 21.80 Mn |
| Sep 30, 2025 | 22.40 Mn |
| Sep 30, 2025 | 22.40 Mn |
| Jun 30, 2025 | 22.30 Mn |
| Jun 30, 2025 | 22.30 Mn |
| Mar 31, 2025 | 3.20 Mn |
| Mar 31, 2025 | 3.20 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Dec 31, 2024 | 23.40 Mn |
| Sep 30, 2024 | 22.60 Mn |
| Sep 30, 2024 | 22.60 Mn |
| Jun 30, 2024 | 19.20 Mn |
| Jun 30, 2024 | 19.20 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Dec 31, 2023 | -32.50 Mn |
| Dec 31, 2023 | -32.50 Mn |
| Sep 30, 2023 | 2.40 Mn |
| Sep 30, 2023 | 2.40 Mn |
| Jun 30, 2023 | 1.90 Mn |
| Jun 30, 2023 | 1.90 Mn |
| Mar 31, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.50 Mn |
| Dec 31, 2022 | 10.40 Mn |
| Dec 31, 2022 | 10.40 Mn |
| Sep 30, 2022 | 8.50 Mn |
| Sep 30, 2022 | 8.50 Mn |
| Jun 30, 2022 | 6.80 Mn |
| Jun 30, 2022 | 6.80 Mn |
| Mar 31, 2022 | 6.10 Mn |
| Mar 31, 2022 | 6.10 Mn |
| Dec 31, 2021 | 300,000.00 |
| Dec 31, 2021 | 300,000.00 |
| Sep 30, 2021 | 6.10 Mn |
| Sep 30, 2021 | 6.10 Mn |
| Jun 30, 2021 | 500,000.00 |
| Jun 30, 2021 | 500,000.00 |
| Mar 31, 2021 | 500,000.00 |
| Mar 31, 2021 | 500,000.00 |
| Dec 31, 2020 | -15.40 Mn |
| Dec 31, 2020 | -15.40 Mn |
| Sep 30, 2020 | 500,000.00 |
| Sep 30, 2020 | 500,000.00 |
| Jun 30, 2020 | 300,000.00 |
| Jun 30, 2020 | 300,000.00 |
| Mar 31, 2020 | 5.90 Mn |
| Mar 31, 2020 | 5.90 Mn |
| Dec 31, 2019 | -12.20 Mn |
| Dec 31, 2019 | -12.20 Mn |
| Sep 30, 2019 | 5.60 Mn |
| Sep 30, 2019 | 5.60 Mn |
| Jun 30, 2019 | 5.00 Mn |
| Jun 30, 2019 | 5.00 Mn |
| Mar 31, 2019 | 4.50 Mn |
| Mar 31, 2019 | 4.50 Mn |