Alta Equipment (ALTG) Tax Rate (2021 - 2023)
Alta Equipment (ALTG) reported Tax Rate of 5.06% for Q2 2026, up 32.15 percentage points from -27.08% a year earlier but down 11.25 percentage points from the prior quarter.
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Analysis
Alta Equipment (ALTG) Tax Rate (2021 - 2023) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Alta Equipment's Tax Rate came in at -23.54%, down 15.78 percentage points year-over-year; for FY2025, it came in at -36.56%, down 42.90 percentage points from FY2024.
- Tax Rate has a five-year change of -58.13 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 6.33% in FY2024 (+262.33 pp), -256.00% in FY2023 (-268.26 pp), 12.26% in FY2022 (+33.19 pp) and -20.93% in FY2021 (-42.50 pp).
- Five-year quarterly Tax Rate spans a low of -7300.00% in Q3 2023 and a high of 119.23% in Q4 2021.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of +900.02 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2024 (a gain of 7227.95 percentage points); the low point was Q3 2023 (a drop of 7305.56 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.31% (Q1 2026), 29.52% (Q4 2025) and -141.86% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 26.07% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 25.89% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 24.71% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 22.94% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 24.84% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 53.08% |
| 10 | Alta Equipment | 188.48 Mn | 110.98 Mn | 124.20 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 11.11% |
| Mar 31, 2023 | 9.09% |
| Sep 30, 2022 | 5.56% |
| Jun 30, 2022 | 7.58% |
| Dec 31, 2021 | 119.23% |
API Access
Alta Equipment Tax Rate 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=tax-rate&ticker=ALTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();