Alta Equipment (ALTG) Return on Invested Capital [ROIC] (2020 - 2026)
Alta Equipment (ALTG) reported Return on Invested Capital [ROIC] of 3.51% for Q2 2026, down 0.62 percentage points from 4.13% a year earlier but up 0.01 percentage points from the prior quarter.
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Analysis
Alta Equipment (ALTG) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2025, Alta Equipment posted Return on Invested Capital [ROIC] of 4.40%, up 1.05 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +6.57 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 3.35% in FY2024 (-8.37 pp), 11.72% in FY2023 (+3.79 pp), 7.93% in FY2022 (+3.92 pp) and 4.01% in FY2021 (+6.18 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 1.71% in Q3 2021 and a high of 11.58% in Q4 2023.
- Year over year, Return on Invested Capital [ROIC] gained in three of the last eight quarters, with an average year-over-year change of -1.65 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2023 (a gain of 6.65 percentage points); the low point was Q4 2024 (a drop of 8.56 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.50% (Q1 2026), 4.72% (Q4 2025) and 3.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn | 13.51% |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn | 29.62% |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn | 32.56% |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn | 10.47% |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn | 9.33% |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn | 19.24% |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn | 14.94% |
| 10 | Alta Equipment | 210.62 Mn | 133.12 Mn | 124.20 Mn | 3.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51% |
| Mar 31, 2026 | 3.50% |
| Dec 31, 2025 | 4.72% |
| Sep 30, 2025 | 3.95% |
| Jun 30, 2025 | 4.13% |
| Mar 31, 2025 | 3.64% |
| Dec 31, 2024 | 3.02% |
| Sep 30, 2024 | 4.75% |
| Jun 30, 2024 | 3.74% |
| Mar 31, 2024 | 2.38% |
| Dec 31, 2023 | 11.58% |
| Sep 30, 2023 | 11.18% |
| Jun 30, 2023 | 9.78% |
| Mar 31, 2023 | 9.47% |
| Dec 31, 2022 | 7.86% |
| Sep 30, 2022 | 5.46% |
| Jun 30, 2022 | 3.14% |
| Mar 31, 2022 | 4.40% |
| Dec 31, 2021 | 3.84% |
| Sep 30, 2021 | 1.71% |
API Access
Alta Equipment Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=ALTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();