Alta Equipment (ALTG) Total Debt (2018 - 2026)
Alta Equipment's Total Debt came in at $497.2 million for Q2 2026, up 0.8% from $493.1 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Alta Equipment (ALTG) Total Debt (2018 - 2026) Analysis & Trends
At the end of FY2025, Alta Equipment's Total Debt was $495.5 million, up 1.0% from FY2024.
- Total Debt has increased in each of the last six years, with a five-year compound annual growth rate of 11.1% (FY2020 to FY2025).
- Going back by year, Total Debt was $490.5 million in FY2024 (+51.6%), $323.6 million in FY2023 (+2.6%), $315.4 million in FY2022 (+0.9%) and $312.6 million in FY2021 (+6.8%).
- The Q2 2026 figure represents the highest quarterly Total Debt in data going back to Q4 2018.
- Year-over-year, Total Debt has increased for 12 consecutive quarters, with growth averaging 19.5% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q2 2024 (growth of 53.5%), and the weakest in Q2 2023 (a decline of 26.9%).
- Business Quant data shows ALTG's Total Debt at $496.4 million (Q1 2026), $495.5 million (Q4 2025) and $494.1 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 2.41 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 120.00 Mn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 4.13 Bn |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 8.56 Bn |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 1.66 Bn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 5.94 Bn |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 262.30 Mn |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 119.72 Mn |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 3.70 Bn |
| 10 | Alta Equipment | 188.48 Mn | 110.98 Mn | 124.20 Mn | 497.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 497.20 Mn |
| Mar 31, 2026 | 496.40 Mn |
| Dec 31, 2025 | 495.50 Mn |
| Sep 30, 2025 | 494.10 Mn |
| Jun 30, 2025 | 493.10 Mn |
| Mar 31, 2025 | 492.00 Mn |
| Dec 31, 2024 | 490.50 Mn |
| Sep 30, 2024 | 488.80 Mn |
| Jun 30, 2024 | 486.80 Mn |
| Mar 31, 2024 | 337.10 Mn |
| Dec 31, 2023 | 323.60 Mn |
| Sep 30, 2023 | 318.60 Mn |
| Jun 30, 2023 | 317.10 Mn |
| Mar 31, 2023 | 316.00 Mn |
| Dec 31, 2022 | 315.40 Mn |
| Sep 30, 2022 | 314.40 Mn |
| Jun 30, 2022 | 434.00 Mn |
| Mar 31, 2022 | 424.10 Mn |
| Dec 31, 2021 | 312.60 Mn |
| Sep 30, 2021 | 355.10 Mn |
API Access
Alta Equipment Total Debt 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=total-debt&ticker=ALTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();