Alta Equipment (ALTG) Interest Expenses (2019 - 2026)
Alta Equipment (ALTG) posted quarterly Interest Expenses of $56.9 million for Q1 2026, up 159.82% year-over-year from $21.9 million in Q1 2025, and up 161.01% quarter-over-quarter from $21.8 million in Q4 2025.
Alta Equipment (ALTG) Interest Expenses (2019 - 2026) Analysis & Trends
Alta Equipment's Interest Expenses history runs 8 years deep, the most recent figure standing at $56.9 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 159.82% year-over-year to $56.9 million; the TTM figure through Mar 2026 stood at $56.9 million (down 34.67% YoY), while the FY2025 annual figure was $88.4 million, up 8.73% from the prior year.
- Interest Expenses for Q1 2026 stood at $56.9 million, up from $21.8 million in the prior quarter.
- The five-year high for Interest Expenses was $180.8 million in Q2 2025, with the low at $6.1 million in Q1 2022.
- The 5-year median for Interest Expenses is $16.1 million (2024), against an average of $30.2 million.
- The sharpest annual moves came in 2022 and 2025: Interest Expenses slipped 28.77% in 2022, then soared 841.67% in 2025.
- Alta Equipment's Interest Expenses stood at $10.4 million in 2022, then surged by 54.81% to $16.1 million in 2023, then surged by 45.34% to $23.4 million in 2024, then fell by 6.84% to $21.8 million in 2025, then surged by 161.01% to $56.9 million in 2026.
- Business Quant data shows ALTG's Interest Expenses at $56.9 million in Q1 2026, $21.8 million in Q4 2025, and $61.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.87 Bn | 33.84 Bn | 978.00 Mn | 116.00 Mn |
| 2 | AerCap Holdings | 23.44 Bn | 23.44 Bn | 2.02 Bn | 468.47 Mn |
| 3 | U-Haul Holding | 14.39 Bn | 14.39 Bn | - | - |
| 4 | Ryder System | 10.03 Bn | 10.03 Bn | 1.45 Bn | 97.00 Mn |
| 5 | Gatx | 6.35 Bn | 6.35 Bn | 555.30 Mn | 900,000.00 |
| 6 | Herc Holdings | 5.76 Bn | 5.72 Bn | 713.00 Mn | 51.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.42 Bn | - | 108.00 Mn |
| 8 | WillScot Holdings | 4.18 Bn | 4.16 Bn | 306.26 Mn | 53.48 Mn |
| 9 | Mcgrath Rentcorp | 2.95 Bn | 2.95 Bn | 107.91 Mn | 7.11 Mn |
| 10 | Alta Equipment | 252.45 Mn | 231.55 Mn | 124.20 Mn | 163.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 163.00 Mn |
| Jun 30, 2026 | 163.00 Mn |
| Mar 31, 2026 | 56.90 Mn |
| Mar 31, 2026 | 56.90 Mn |
| Dec 31, 2025 | 21.80 Mn |
| Dec 31, 2025 | 21.80 Mn |
| Sep 30, 2025 | 61.20 Mn |
| Sep 30, 2025 | 61.20 Mn |
| Jun 30, 2025 | 180.80 Mn |
| Jun 30, 2025 | 180.80 Mn |
| Mar 31, 2025 | 21.90 Mn |
| Mar 31, 2025 | 21.90 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 | 16.10 Mn |
| Mar 31, 2024 | 16.10 Mn |