Alta Equipment (ALTG) Return on Assets [ROA] (2019 - 2026)
Alta Equipment's Return on Assets [ROA] came in at -6.04% for Q2 2026, down 1.60 percentage points from -4.44% a year earlier and down 0.14 percentage points from the prior quarter.
Alta Equipment (ALTG) Return on Assets [ROA] (2019 - 2026) Analysis & Trends
For FY2025, Alta Equipment's Return on Assets [ROA] was -5.70%, down 1.63 percentage points from FY2024.
- Return on Assets [ROA] has declined in each of the last three years, with a five-year change of -1.70 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was -4.07% in FY2024 (-4.69 pp), 0.62% in FY2023 (-0.20 pp), 0.82% in FY2022 (+3.22 pp) and -2.41% in FY2021 (+1.59 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q2 2020.
- Year-over-year, Return on Assets [ROA] has declined for 12 consecutive quarters, with an average year-over-year change of -2.89 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q3 2022 (a gain of 3.85 percentage points), and the weakest in Q4 2024 (a drop of 4.68 percentage points).
- Business Quant data shows ALTG's Return on Assets [ROA] at -5.91% (Q1 2026), -5.80% (Q4 2025) and -5.52% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 20.75% |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 25.74% |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 11.44% |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 6.70% |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 8.16% |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 4.10% |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 13.82% |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 11.52% |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | -4.97% |
| 10 | Alta Equipment | 197.60 Mn | 120.10 Mn | 124.20 Mn | -6.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.04% |
| Mar 31, 2026 | -5.91% |
| Dec 31, 2025 | -5.80% |
| Sep 30, 2025 | -5.52% |
| Jun 30, 2025 | -4.44% |
| Mar 31, 2025 | -4.76% |
| Dec 31, 2024 | -4.10% |
| Sep 30, 2024 | -3.40% |
| Jun 30, 2024 | -1.16% |
| Mar 31, 2024 | -0.26% |
| Dec 31, 2023 | 0.58% |
| Sep 30, 2023 | 0.68% |
| Jun 30, 2023 | 0.55% |
| Mar 31, 2023 | 0.86% |
| Dec 31, 2022 | 0.76% |
| Sep 30, 2022 | 0.86% |
| Jun 30, 2022 | 0.43% |
| Mar 31, 2022 | -1.62% |
| Dec 31, 2021 | -2.35% |
| Sep 30, 2021 | -2.99% |
Alta Equipment Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=ALTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();