Alta Equipment (ALTG) Tax Rate (2019 - 2026)
Alta Equipment's quarterly Tax Rate came in at 16.31% in Q1 2026, up 1977.0% year-on-year from 0.79% in Q1 2025, and down 44.75% quarter-over-quarter from 29.52% in Q4 2025.
Alta Equipment has reported Tax Rate for 8 years, with the latest figure at 16.31% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1977.0% year-over-year to 16.31%; the trailing twelve-month figure through Mar 2026 stood at 27.46% (down 2647.0% YoY), and the FY2025 full-year result was 36.56%, down 4290.0% from the prior year.
- Tax Rate for Q1 2026 stood at 16.31%, down from 29.52% in the prior quarter.
- The five-year high for Tax Rate was 45.64% in Q4 2024, with the low at 7300.0% in Q3 2023.
- Average Tax Rate over 5 years is 527.91%, with a median of 6.57% recorded in 2022.
- Year-over-year, Tax Rate tumbled 730556 bps in 2023 and soared 722795 bps in 2024.
- Tracing ALTG's Tax Rate over 5 years: stood at 550.0% in 2022, then gained by 5 bps to 521.43% in 2023, then jumped by 109 bps to 45.64% in 2024, then plunged by 35 bps to 29.52% in 2025, then tumbled by 45 bps to 16.31% in 2026.
- The last three Tax Rate figures came in at 16.31% (Q1 2026), 29.52% (Q4 2025), and 141.86% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 18.58 |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 21.19 |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 28.33 |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 26.67 |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | 31.18 |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | - |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | -4.35 |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 26.68 |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | -7.81 |
| 10 | Alta Equipment | 165.37 Mn | 141.47 Mn | 109.30 Mn | 16.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.31 |
| Mar 31, 2026 | 16.31 |
| Dec 31, 2025 | 29.52 |
| Dec 31, 2025 | 29.52 |
| Sep 30, 2025 | -141.86 |
| Sep 30, 2025 | -141.86 |
| Jun 30, 2025 | -27.08 |
| Jun 30, 2025 | -27.08 |
| Mar 31, 2025 | -3.47 |
| Mar 31, 2025 | -3.47 |
| Dec 31, 2024 | 45.64 |
| Dec 31, 2024 | 45.64 |
| Sep 30, 2024 | -72.05 |
| Sep 30, 2024 | -72.05 |
| Jun 30, 2024 | 18.49 |
| Jun 30, 2024 | 18.49 |
| Mar 31, 2024 | 26.09 |
| Mar 31, 2024 | 26.09 |
| Dec 31, 2023 | -521.43 |
| Dec 31, 2023 | -521.43 |
| Sep 30, 2023 | -7,300.00 |
| Sep 30, 2023 | -7,300.00 |
| Jun 30, 2023 | 11.11 |
| Jun 30, 2023 | 11.11 |
| Mar 31, 2023 | 9.09 |
| Mar 31, 2023 | 9.09 |
| Dec 31, 2022 | -550.00 |
| Dec 31, 2022 | -550.00 |
| Sep 30, 2022 | 5.56 |
| Sep 30, 2022 | 5.56 |
| Jun 30, 2022 | 7.58 |
| Jun 30, 2022 | 7.58 |
| Dec 31, 2021 | 119.23 |
| Dec 31, 2021 | 119.23 |
| Mar 31, 2021 | -9.62 |
| Mar 31, 2021 | -9.62 |
| Dec 31, 2020 | 50.00 |
| Dec 31, 2020 | 50.00 |
| Sep 30, 2020 | 118.75 |
| Sep 30, 2020 | 118.75 |
| Jun 30, 2020 | 8.89 |
| Jun 30, 2020 | 8.89 |
| Mar 31, 2020 | 6.08 |
| Mar 31, 2020 | 6.08 |
| Dec 31, 2019 | 4.83 |
| Dec 31, 2019 | 4.83 |
| Sep 30, 2019 | -0.45 |
| Sep 30, 2019 | -0.45 |