Alta Equipment (ALTG) Payables (2018 - 2026)
Alta Equipment (ALTG) posted Payables of $84.5 million for Q2 2026, down 12.3% from $96.3 million a year earlier and down 0.2% from the prior quarter.
Alta Equipment (ALTG) Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Alta Equipment's Payables came in at $77.7 million, down 15.1% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In prior years, Alta Equipment's Payables was $91.5 million in FY2024 (-5.7%), $97 million in FY2023 (+6.8%), $90.8 million in FY2022 (+23.5%) and $73.5 million in FY2021 (+24.8%).
- Quarterly Payables has run from a low of $52.6 million in Q3 2021 to a high of $98.6 million in Q1 2024 over five years.
- On a year-over-year basis, Payables has declined in each of the last four quarters, with an average decline of 5.1% over the last eight quarters.
- The strongest year-over-year quarter for Payables in the past five years was Q3 2022, with growth of 63.7%; the weakest was Q3 2021, with a decline of 16.2%.
- According to Business Quant data, Payables for the three prior quarters was $84.7 million (Q1 2026), $77.7 million (Q4 2025) and $93.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 1.28 Bn |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 399.80 Mn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 3.68 Bn |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 623.00 Mn |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 627.30 Mn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 3.74 Bn |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 341.09 Mn |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 660.30 Mn |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 743.20 Mn |
| 10 | Alta Equipment | 197.60 Mn | 120.10 Mn | 124.20 Mn | 84.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.50 Mn |
| Mar 31, 2026 | 84.70 Mn |
| Dec 31, 2025 | 77.70 Mn |
| Sep 30, 2025 | 93.20 Mn |
| Jun 30, 2025 | 96.30 Mn |
| Mar 31, 2025 | 94.50 Mn |
| Dec 31, 2024 | 91.50 Mn |
| Sep 30, 2024 | 93.70 Mn |
| Jun 30, 2024 | 93.80 Mn |
| Mar 31, 2024 | 98.60 Mn |
| Dec 31, 2023 | 97.00 Mn |
| Sep 30, 2023 | 89.60 Mn |
| Jun 30, 2023 | 79.10 Mn |
| Mar 31, 2023 | 88.10 Mn |
| Dec 31, 2022 | 90.80 Mn |
| Sep 30, 2022 | 86.10 Mn |
| Jun 30, 2022 | 77.40 Mn |
| Mar 31, 2022 | 63.60 Mn |
| Dec 31, 2021 | 73.50 Mn |
| Sep 30, 2021 | 52.60 Mn |
Alta Equipment Payables 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=payables&ticker=ALTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();