Alta Equipment Group ALTG Rental Depreciation — Cost of Goods Sold
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Where this comes from
Reported directly by Alta Equipment Group in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The official record: Alta Equipment Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Alta Equipment Group's rental depreciation — cost of goods sold?
- Alta Equipment Group (ALTG) reported rental depreciation — cost of goods sold of $23.5M in Q1 2026.
- How has Alta Equipment Group's rental depreciation — cost of goods sold changed year-over-year?
- Alta Equipment Group's rental depreciation — cost of goods sold decreased by 5.6% year-over-year, from $24.9M to $23.5M.
- What is the long-term trend for Alta Equipment Group's rental depreciation — cost of goods sold?
- Over 4 years (2021 to 2025), Alta Equipment Group's rental depreciation — cost of goods sold has grown at a 5.3% compound annual growth rate (CAGR), from $85.3M to $104.9M.
- What does rental depreciation — cost of goods sold mean?
- This metric represents the non-cash expense allocated to the wear and tear of the rental equipment fleet within the specific business segment. It reflects the systematic reduction in the book value of revenue-generating assets over their estimated useful lives as they are utilized in customer operations. Monitoring this cost is essential for understanding the capital intensity of the rental business model and the underlying profitability of fleet utilization.