Alta Equipment (ALTG) Non-Current Debt (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.
Alta Equipment (ALTG) Non-Current Debt (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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 2.41 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 50.00 Mn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 3.98 Bn |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 8.01 Bn |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 1.66 Bn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 5.91 Bn |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 262.30 Mn |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 3.66 Bn |
| 10 | Alta Equipment | 188.48 Mn | 110.98 Mn | 124.20 Mn | 486.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 486.30 Mn |
| Mar 31, 2026 | 485.30 Mn |
| Dec 31, 2025 | 484.50 Mn |
| Sep 30, 2025 | 483.10 Mn |
| Jun 30, 2025 | 481.80 Mn |
| Mar 31, 2025 | 480.80 Mn |
| Dec 31, 2024 | 480.00 Mn |
| Sep 30, 2024 | 478.70 Mn |
| Jun 30, 2024 | 477.40 Mn |
| Mar 31, 2024 | 328.60 Mn |
| Dec 31, 2023 | 315.90 Mn |
| Sep 30, 2023 | 312.00 Mn |
| Jun 30, 2023 | 311.60 Mn |
| Mar 31, 2023 | 311.30 Mn |
| Dec 31, 2022 | 311.20 Mn |
| Sep 30, 2022 | 310.80 Mn |
| Jun 30, 2022 | 310.40 Mn |
| Mar 31, 2022 | 310.20 Mn |
| Dec 31, 2021 | 310.00 Mn |
| Sep 30, 2021 | 309.70 Mn |
Alta Equipment Non-Current Debt 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_KEY
import 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();