Alta Equipment Group Inc.

Alta Equipment Group Inc.verified

ALTG

Price:

$10.46

Market Cap:

$346.72M

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions. It s...[Read more]

Industry

Rental & Leasing Services

IPO Date

2019-04-25

Stock Exchange

NYSE

Ticker

ALTG

The ROE as of July 2024 (TTM) for Alta Equipment Group Inc. (ALTG) is -2.78%

According to Alta Equipment Group Inc.’s latest financial reports and current stock price. The company's current ROE is -2.78%. This represents a change of 242.45% compared to the average of -0.81% of the last 4 quarters.

Alta Equipment Group Inc. (ALTG) Historical ROE (quarterly & annually)

How has ALTG ROE performed in the past?

The mean historical ROE of Alta Equipment Group Inc. over the last ten years is 2.22%. The current -2.78% ROE has changed -225.06% with respect to the historical average. Over the past ten years (40 quarters), ALTG's ROE was at its highest in in the September 2023 quarter at 5.02%. The ROE was at its lowest in in the March 2020 quarter at -13.20%.

Quarterly (TTM)
Annual

Average

2.22%

Median

6.30%

Minimum

-15.44%

Maximum

13.25%

Alta Equipment Group Inc. (ALTG) ROE by Quarter and Year

Discovering the peaks and valleys of Alta Equipment Group Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 23.84%

Maximum Annual ROE = 13.25%

Minimum Annual Increase = -250392.50%

Minimum Annual ROE = -15.44%

Quarterly (TTM)
Annual
YearROEChange
20235.95%-10.63%
20226.65%-143.08%
2021-15.44%0.95%
2020-15.30%-250392.50%
20190.01%-99.95%
201813.25%23.84%
201710.70%-10.68%

Alta Equipment Group Inc. (ALTG) Average ROE

How has ALTG ROE performed in the past?

The current ROE of Alta Equipment Group Inc. (ALTG) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-0.95%

5-year avg

-3.63%

10-year avg

2.22%

Alta Equipment Group Inc. (ALTG) ROE vs. Peers

How is ALTG’s ROE compared to its peers?

Alta Equipment Group Inc.’s ROE is less than PROG Holdings, Inc. (19.05%), less than GATX Corporation (10.82%), less than McGrath RentCorp (13.72%), less than Custom Truck One Source, Inc. (2.48%), greater than Mega Matrix Corp. (-28.28%), less than FTAI Aviation Ltd. (182.77%), less than H&E Equipment Services, Inc. (0%), less than The Aaron's Company, Inc. (33.52%), greater than Herc Holdings Inc. (-3.49%), less than null (28.27%),

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