Alta Equipment (ALTG) Non Operating Interest Expenses (2019 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();