See more : VG Life Sciences Inc. (VGLS) Income Statement Analysis – Financial Results
Complete financial analysis of Alta Equipment Group Inc. (ALTG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Alta Equipment Group Inc., a leading company in the Rental & Leasing Services industry within the Industrials sector.
You may be interested
- Hanwha Solutions Corporation (009835.KS) Income Statement Analysis – Financial Results
- Industrias CH, S. A. B. de C. V. (ICHBF) Income Statement Analysis – Financial Results
- PT Indonesia Kendaraan Terminal Tbk (IPCC.JK) Income Statement Analysis – Financial Results
- Applied Materials, Inc. (4336.HK) Income Statement Analysis – Financial Results
- Equipements Audiovisuels et Systemes SA (MLEAV.PA) Income Statement Analysis – Financial Results
Alta Equipment Group Inc. (ALTG)
About Alta Equipment Group Inc.
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 serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.88B | 1.57B | 1.21B | 873.60M | 557.40M | 413.00M | 345.47M | 0.00 |
| Cost of Revenue | 1.37B | 1.15B | 898.40M | 659.10M | 1.93M | 302.90M | 257.43M | 0.00 |
| Gross Profit | 507.20M | 419.60M | 314.40M | 214.50M | 555.47M | 110.10M | 88.04M | 0.00 |
| Gross Profit Ratio | 27.02% | 26.70% | 25.92% | 24.55% | 99.65% | 26.66% | 25.48% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 430.30M | 362.30M | 285.90M | 216.00M | 137.60M | 92.00M | 74.91M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -92.00M | 0.00 | 0.00 |
| SG&A | 430.30M | 362.30M | 285.90M | 216.00M | 137.60M | 342.00 | 74.91M | 0.00 |
| Other Expenses | 22.50M | 16.50M | 10.50M | 6.60M | 1.93M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 452.80M | 378.80M | 296.40M | 222.60M | 1.93M | 342.00 | 75.92M | 0.00 |
| Cost & Expenses | 1.82B | 1.53B | 1.19B | 881.70M | 1.93M | 342.00 | 333.35M | 0.00 |
| Interest Income | 0.00 | 31.80M | 24.00M | 23.80M | 2.25M | 0.00 | 0.00 | 0.00 |
| Interest Expense | 57.00M | 31.80M | 24.00M | 23.80M | 20.50M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 132.60M | 112.00M | 95.80M | 75.00M | 50.10M | 37.10M | 31.52M | 22.82K |
| EBITDA | 192.10M | 154.40M | 102.60M | 68.20M | 35.20M | 52.90M | 43.12M | 22.82K |
| EBITDA Ratio | 10.24% | 9.82% | 9.44% | 8.68% | -0.35% | 0.00% | 12.48% | 0.00% |
| Operating Income | 54.40M | 40.80M | 18.00M | 800.00K | -1.93M | -342.00 | 11.60M | 0.00 |
| Operating Income Ratio | 2.90% | 2.60% | 1.48% | 0.09% | -0.35% | 0.00% | 3.36% | 0.00% |
| Total Other Income/Expenses | -51.90M | -30.20M | -35.20M | -22.50M | -33.47M | -15.80M | -5.70M | 0.00 |
| Income Before Tax | 2.50M | 10.60M | -17.20M | -30.60M | 317.85K | -342.00 | 5.91M | 0.00 |
| Income Before Tax Ratio | 0.13% | 0.67% | -1.42% | -3.50% | 0.06% | 0.00% | 1.71% | 0.00% |
| Income Tax Expense | -6.40M | 1.30M | 3.60M | -6.60M | 309.00K | 800.00 | 800.00 | 800.00 |
| Net Income | 8.90M | 9.30M | -20.80M | -24.00M | 8.85K | -1.14K | -800.00 | -800.00 |
| Net Income Ratio | 0.47% | 0.59% | -1.72% | -2.75% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.18 | 0.29 | -0.66 | -0.90 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | 0.18 | 0.29 | -0.66 | -0.90 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 32.45M | 32.10M | 31.71M | 26.61M | 7.30M | 18.39M | 18.39M | 16.05M |
| Weighted Avg Shares Out (Dil) | 32.88M | 32.30M | 31.71M | 26.61M | 7.30M | 18.39M | 18.39M | 16.05M |
Alta Equipment Group Announces Third Quarter 2023 Financial Results
Third Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 15.1% year over year to $466.2 million Construction and Material Handling revenues of $282.0 million and $168.6 million, respectively Master Distribution with revenues of $18.1 million Product support...
Alta Equipment Group Announces Common Stock Dividend
LIVONIA, Mich., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors...
Alta Equipment Group Acquires Ault Industries Expanding Construction Equipment Segment to Canada
LIVONIA, Mich., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”) today announced that it has acquired Ault Industries Inc. (“Ault”), a privately held Canadian equipment distributor with locations in Ontario and Quebec.
Alta Equipment Group Announces Date of Third Quarter 2023 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its...
Alta Equipment Group Announces Preferred Stock Dividend
LIVONIA, Mich., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors...
Alta Equipment Group to Acquire Burris Equipment Adding to Its Construction Business Segment
LIVONIA, Mich., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”) today announced that it has entered into a definitive agreement to acquire Burris Equipment Company ("Burris"), a premier supplier of market leading...
Bears are Losing Control Over Alta Equipment (ALTG), Here's Why It's a 'Buy' Now
Alta Equipment (ALTG) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher...
Alta Equipment Group Inc. (ALTG) Q2 2023 Earnings Call Transcript
Alta Equipment Group Inc. (NYSE:ALTG ) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Jason Dammeyer – Director, SEC Reporting and Technical Accounting Ryan Greenawalt - Chairman and Chief Executive Officer Tony Colucci - Chief...
Alta Equipment Group Announces Second Quarter 2023 Financial Results
Second Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 15.2% year over year to $468.4 million Construction and Material Handling revenues of $281.5 million and $169.1 million, respectively Newly introduced reporting segment, Master Distribution, with revenues of...
Alta Equipment Group Inc. Announces Full Exercise of Option in Secondary Offering of Common Stock
LIVONIA, Mich., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that the underwriters of its...
Source: https://incomestatements.info
Category: Stock Reports