Alta Equipment (ALTG) Times Interest Earned (2019 - 2026)
Alta Equipment's (ALTG) Times Interest Earned stood at 0.62 in Q2 2026, up 10.7% from 0.56 a year earlier.
Alta Equipment (ALTG) Times Interest Earned (2019 - 2026) Analysis & Trends
On a TTM basis, Alta Equipment's Times Interest Earned came in at 0.20 as of Jun 30, 2026, down 21.1% year-over-year; for FY2025, it was 0.26, up 14.7% from FY2024.
- Across earlier years, Times Interest Earned came in at 0.23 in FY2024 (-76.0%), 0.95 in FY2023 (-25.6%), 1.28 in FY2022 (+71.1%) and 0.75 in FY2021.
- The Q2 2026 figure is the highest quarterly Times Interest Earned since Q4 2023.
- On a year-over-year basis, Times Interest Earned rose in three of the last six quarters, with an average decline of 5.9%.
- Peak year-over-year performance for Times Interest Earned in the last five years was growth of 774.8% in Q1 2022, against a decline of 86.5% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.29 (Q1 2026), 0.24 (Q4 2025) and 0.21 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | - |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 418.17 |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | - |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 24.26 |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | - |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | - |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 3.09 |
| 10 | Alta Equipment | 197.60 Mn | 120.10 Mn | 124.20 Mn | 0.62 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.62 |
| Mar 31, 2026 | -0.29 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | -0.06 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.91 |
| Jun 30, 2023 | 1.18 |
| Mar 31, 2023 | 1.01 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 1.61 |
| Jun 30, 2022 | 1.91 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 1.36 |
| Sep 30, 2021 | 0.98 |
Alta Equipment Times Interest Earned 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=times-interest-earned&ticker=ALTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();