Alta Equipment Group Inc

Alta Equipment Group Inc

ALTG · NYSE · Industrials / Industrial Distribution

5.32USD-0.34 (-6.01%)

Price History

Full chart

Market Stats

Previous Close5.66
Open5.51
Day Range5.23 – 5.77
52-Week Range4.16 – 8.69
Volume202.49K
Market Cap190.12M
P/E (TTM)0.00
Forward P/E222.22
EPS-2.55
Dividend Yield0.00%
Beta1.70
50-Day Avg6.41
200-Day Avg6.36

About

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also sells new and used equipment; and sells and distributes replacement parts. In addition, the company offers repair and maintenance services for its equipment; designs and builds services related to automated equipment installation and warehouse management systems integration solutions; and sell new heavy construction, material handling, and environmental processing equipment, as well as tangential products and services. Further, it rents heavy construction, compact, aerial, material handling, and various other types of equipment; and sells rental equipment from its rental fleet; and offers maintenance and repair services. It serves food and beverage, diversified manufacturing, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture and forestry, road building, aggregate and mining, utilities and power generation, and recycling and waste management, and other sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.

Company Details

  • SectorIndustrials
  • IndustryIndustrial Distribution
  • CEOMr. Ryan Greenawalt
  • Employees2.75K
  • Headquarters13211 Merriman Road, Livonia, MI, United States, 48150, USA
  • Websitehttps://www.altg.com

Leadership

  • Mr. Ryan GreenawaltCEO & Chairman · b. 1974
  • Mr. Jeffrey A. HooverChief Legal Officer & General Counsel · b. 1980
  • Mr. Andrew RundleDirector of Finance
  • Jason DammeyerDirector of SEC Reporting & Technical Accounting

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-345.47M413.00M180.50M873.60M1.21B1.57B1.88B1.88B1.84B
Growth (%)--+19.55%-56.30%+383.99%+38.83%+29.60%+19.40%-0.01%-2.17%
Cost of Revenue-257.43M302.71M1.93M659.10M898.40M1.15B1.37B1.38B1.36B
Gross Profit-88.04M110.68M-1.93M214.50M314.40M419.60M507.20M493.70M474.60M
Gross Margin-25.48%26.80%-1.07%24.55%25.92%26.70%27.02%26.31%25.85%
Operating Expense-76.44M110.68M0222.60M296.40M378.80M452.80M475.10M451.40M
Operating Income-11.60M-342-1.93M-8.10M18.00M40.80M54.40M18.60M23.20M
Operating Margin-3.36%-0.00%-1.07%-0.93%1.48%2.60%2.90%0.99%1.26%
EBITDA22.82K43.12M-342-1.93M68.20M102.60M154.40M192.10M159.50M-19.20M
EBITDA Margin-12.48%-0.00%-1.07%7.81%8.46%9.82%10.24%8.50%-1.05%
Net Income-800-800-1.14K8.85K-24.00M-20.80M9.30M8.90M-62.10M-80.30M
Net Income Margin--0.00%-0.00%0.00%-2.75%-1.72%0.59%0.47%-3.31%-4.37%
Interest Expense0002.25M23.80M24.00M31.80M57.00M81.30M10.90M
Interest Expense % of Total Revenue-0.00%0.00%1.25%2.72%1.98%2.02%3.04%4.33%0.59%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-263.45M212.16K146.83M746.20M982.60M1.29B1.57B1.48B1.34B
Total Liabilities6.68K252.86M220.78K1.97M589.30M847.90M1.15B1.42B1.40B1.35B
Total Equity-6.68K10.59M-8.62K144.86M156.90M134.70M139.80M149.70M77.60M-8.80M
Cash-164.00K49.66K654.49K1.20M2.30M2.70M31.00M13.40M18.60M
Total Debt-200.72M50.00K371.40M459.40M679.40M921.80M1.18B1.20B1.17B
Net Debt-200.55M342-654.49K458.20M677.10M919.10M1.15B1.19B1.15B

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-53.23M-342-455.45K-38.40M30.70M26.00M58.40M57.00M33.00M
Investing Cash Flow--30.21M-39.40M-143.75M-224.50M-113.40M-162.60M-117.40M-56.20M-22.70M
Financing Cash Flow--23.09M50.00K144.81M264.10M83.80M136.90M87.30M-17.90M-5.30M
Capital Expenditure023.06M34.60M22.30M45.90M50.40M76.70M74.60M70.50M51.00M
Free Cash Flow-30.17M-34.60M-22.76M-84.30M-19.70M-50.70M-16.20M-13.50M-18.00M
Dividends Paid--2.60M2.60M694.00M2.60M6.70M10.60M10.80M3.00M
FCF to OCF-56.67%10117059.06%4996.29%219.53%-64.17%-195.00%-27.74%-23.68%-54.55%
Dividend Paid to FCF---7.51%-11.43%-823.25%-13.20%-13.21%-65.43%-80.00%-16.67%

Earnings

Report DateMay 21, 2019Aug 13, 2019Nov 12, 2019Mar 25, 2020May 14, 2020Aug 13, 2020Nov 12, 2020Mar 18, 2021May 13, 2021Aug 12, 2021Nov 11, 2021Mar 31, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Mar 9, 2023May 10, 2023Aug 9, 2023Nov 8, 2023Mar 14, 2024May 8, 2024Aug 7, 2024Nov 12, 2024Mar 12, 2025May 7, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.00----0.41-0.09-0.01-0.07-0.19-0.06-0.010.04-0.100.020.120.05-0.180.120.11-0.05-0.070.19-0.09-0.24-0.48-0.27-0.17-0.29-0.47-0.26-0.20
EPS Actual0.000.030.03-0.06-0.11-0.07-0.11-0.09-0.15-0.070.02-0.05-0.020.210.18-0.050.040.190.36-0.08-0.220.01-0.72-0.46-0.50-0.21-1.10-0.39-0.43-0.25-
Surprise----73.17%22.22%-1000.00%-28.57%21.05%-16.67%300.00%-225.00%80.00%950.00%50.00%-200.00%122.22%58.33%227.27%-60.00%-214.29%-94.74%-700.00%-91.67%-4.17%22.22%-547.06%-34.48%8.51%3.85%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap190.12M
Enterprise Value1.35B
Trailing P/E0.00
Forward P/E222.22
Price / Sales0.10
Price / Book4.90
EPS-2.55
Book Value-1.11
Revenue (TTM)1.82B
Gross Profit (TTM)470.80M
EBITDA44.00M
Profit Margin-4.42%
Operating Margin2.52%
Return on Equity-2085.71%
Return on Assets0.74%
Shares Outstanding32.67M
Shares Float17.78M
Beta1.70
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 10.82
  • Strong Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
62.59%
Insiders
26.91%
Retail / Other
10.50%

Top Institutional Holders

  • Mill Road Capital Management LLC
    4.37M13.39%
  • BlackRock Inc
    1.62M4.96%
  • Voss Capital LLC
    1.18M3.60%
  • Arnhold & S. Bleichroeder Advisers, LLC
    1.04M3.18%
  • Vanguard Capital Management, LLC
    1.04M3.17%
  • CastleKnight Management LP
    984.69K3.01%
  • Nantahala Capital Management, LLC
    934.77K2.86%
  • Royce & Associates, LP
    560.78K1.72%
  • State Street Corp
    515.76K1.58%
  • Geode Capital Management, LLC
    474.91K1.45%
  • Dimensional Fund Advisors, Inc.
    462.64K1.42%
  • Citadel Advisors Llc
    307.72K0.94%
  • Tudor Investment Corp Et AL
    275.39K0.84%
  • CIBC Bancorp USA Inc.
    256.35K0.78%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    798.86K2.45%
  • Royce Micro-Cap Trust
    638.10K1.95%
  • iShares Russell 2000 ETF
    509.52K1.56%
  • First Eagle Small Cap Opportunity I
    462.16K1.41%
  • Royce Micro-Cap Invmt
    280.76K0.86%
  • Fidelity Small Cap Index
    213.18K0.65%

Dividends

20252×
0.06May 15, 20250.06Feb 14, 2025
20245×
0.06Nov 15, 20240.06Aug 15, 20240.06May 14, 20240.06Feb 14, 20240.63Jan 11, 2024
20234×
0.06Nov 14, 20230.06Aug 14, 20230.06May 12, 20230.06Feb 14, 2023
20222×
0.06Nov 14, 20220.06Aug 12, 2022