Alta Equipment ALTG
NYSE ALTG
$6.32 +0.24 (+3.95%)
As of: Oct 1, 2026 · 3:59 PM EDT

Alta Equipment (ALTG) Non Operating Interest Expenses (2019 - 2026)

Updated

Alta Equipment (ALTG) posted Non Operating Interest Expenses of $19.5 million for Q2 2026, down 12.6% from $22.3 million a year earlier and unchanged from the prior quarter.

Analysis

Alta Equipment (ALTG) Non Operating Interest Expenses (2019 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Non Operating Interest Expenses at Alta Equipment was $83.2 million, down 7.8% year-over-year; for FY2025, it was $88.4 million, up 8.7% from FY2024.

  • Annual Non Operating Interest Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 30.0% (FY2020 to FY2025).
  • In prior years, Alta Equipment's Non Operating Interest Expenses was $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 Non Operating Interest Expenses has run from a low of $6.1 million in Q3 2021 to a high of $23.4 million in Q4 2024 over five years.
  • On a year-over-year basis, Non Operating Interest Expenses has declined in each of the last four quarters, with growth averaging 14.4% over the last eight quarters.
  • The strongest year-over-year quarter for Non Operating Interest Expenses in the past five years was Q2 2023, with growth of 101.5%; the weakest was Q2 2026, with a decline of 12.6%.
  • According to Business Quant data, Non Operating Interest Expenses for the three prior quarters was $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) Non Operating Interest Expenses (Qtr)
1 W.W. Grainger 58.68 Bn 56.66 Bn 1.98 Bn -
2 Fastenal 56.84 Bn 55.76 Bn 1.06 Bn 1.20 Mn
3 Ferguson Enterprises 43.23 Bn 40.45 Bn 2.32 Bn -
4 Sunbelt Rentals Holdings 30.01 Bn 29.89 Bn 1.25 Bn -
5 Reliance 19.64 Bn 18.69 Bn 1.30 Bn 18.20 Mn
6 Wesco International 17.52 Bn 14.83 Bn 1.46 Bn -
7 Applied Industrial Technologies 12.22 Bn 12.09 Bn 411.22 Mn -
8 Watsco 10.77 Bn 8.93 Bn 578.93 Mn -
9 Avantor 10.19 Bn 8.98 Bn 537.00 Mn 39.40 Mn
10 Alta Equipment 197.60 Mn 120.10 Mn 124.20 Mn 19.50 Mn
Historic Data

Historic Data

Download Data
DateValue
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 Non Operating 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=non-operating-interest-expenses&ticker=ALTG&period=max&api_key=YOUR_API_KEY