Alta Equipment (ALTG) Net Long-Term Debt Issued (Repaid) (2019 - 2026)
Alta Equipment (ALTG) reported Non-Current Debt of $486.3 million for Q2 2026, up 0.9% from $481.8 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Alta Equipment (ALTG) Net Long-Term Debt Issued (Repaid) (2019 - 2026) Analysis & Trends
At the end of FY2025, Alta Equipment posted Non-Current Debt of $484.5 million, up 0.9% from FY2024.
- Non-Current Debt has increased for six consecutive years, with a five-year compound annual growth rate of 29.1% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $480 million in FY2024 (+51.9%), $315.9 million in FY2023 (+1.5%), $311.2 million in FY2022 (+0.4%) and $310 million in FY2021 (+129.6%).
- The Q2 2026 figure ranks as the highest quarterly Non-Current Debt in data going back to Q4 2019.
- Year over year, Non-Current Debt has now increased in each of the last 21 quarters, with growth averaging 19.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Non-Current Debt ran from 0.4% in Q1 2023 to 132.4% in Q1 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at $485.3 million (Q1 2026), $484.5 million (Q4 2025) and $483.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.32 Bn | 69.44 Bn | 2.05 Bn | 388.00 Mn |
| 2 | W.W. Grainger | 68.06 Bn | 65.42 Bn | 2.01 Bn | -3.00 Mn |
| 3 | Fastenal | 62.73 Bn | 61.73 Bn | 1.10 Bn | -20.00 Mn |
| 4 | Ferguson Enterprises | 50.77 Bn | 47.99 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 33.62 Bn | 33.50 Bn | 1.25 Bn | 980.00 Mn |
| 6 | Reliance | 21.51 Bn | 20.57 Bn | 1.45 Bn | -25.00 Mn |
| 7 | Wesco International | 15.41 Bn | 12.46 Bn | 1.57 Bn | 72.70 Mn |
| 8 | Watsco | 12.14 Bn | 9.83 Bn | 578.93 Mn | -1.18 Mn |
| 9 | Applied Industrial Technologies | 10.93 Bn | 10.82 Bn | 392.21 Mn | 19.69 Mn |
| 10 | Alta Equipment | 196.71 Mn | 119.21 Mn | 124.20 Mn | 59.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.80 Mn |
| Mar 31, 2026 | 40.50 Mn |
| Dec 31, 2025 | 77.70 Mn |
| Sep 30, 2025 | 93.30 Mn |
| Jun 30, 2025 | 97.40 Mn |
| Mar 31, 2025 | 96.10 Mn |
| Dec 31, 2024 | 74.60 Mn |
| Sep 30, 2024 | 50.30 Mn |
| Jun 30, 2024 | 776.50 Mn |
| Mar 31, 2024 | 72.80 Mn |
| Dec 31, 2023 | 101.10 Mn |
| Sep 30, 2023 | 75.00 Mn |
| Jun 30, 2023 | 106.50 Mn |
| Mar 31, 2023 | 97.00 Mn |
| Dec 31, 2022 | 170.90 Mn |
| Sep 30, 2022 | 75.60 Mn |
| Jun 30, 2022 | 80.40 Mn |
| Mar 31, 2022 | 85.60 Mn |
| Dec 31, 2021 | 80.50 Mn |
| Sep 30, 2021 | 64.40 Mn |
API Access
Alta Equipment Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=ALTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();