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Alta Equipment Group ALTG Rental Depreciation — Cost of Goods Sold

Other product segments

New And Used Equipment Sales
$175.7M-6.6%
Parts Sales
$47.6M0.0%
Service
$25.3M-4.2%
Rental Equipment Sales
$25.1M+56.9%
Rental Revenue
$4M-20.0%

Similar metrics at other companies

SEG
SEGRental — Cost of Goods Sold
$6.98M-13.6%
IMM
IMMRRental Services — Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
$24.21M-5.1%
Drilling Tools International logo
DTITool Rental — Cost of Goods Sold
$9.4M-9.1%
NCS Multistage Holdings logo
NCSMProduct — Cost Of Goods And Services Sold Depreciation
$550K+9.3%
Consolidated Water Company logo
CWCOServices — Cost Of Goods And Services Sold Depreciation
$107.53K+18.7%
CrossAmerica Partners logo
CAPLRent Expense — Cost of Goods Sold
$4.12M-15.9%

Other financials

Income statement

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Revenue$410.5M-3.0%
Gross profit$109.3M-5.0%
Operating income-$5.7M-813%
Net income-$19.5M+6.7%
EPS (diluted)-$0.62+4.6%

Balance sheet

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Cash & equivalents$23.9M+115%
Total debt$646.4M-1.8%
Total equity-$28.3M-151%
Total assets$1.3B-11.3%

Cash flow

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Operating cash flow$20.8M+219%
CapEx$3.0M+76.5%
Free cash flow$17.8M+193%

Valuation

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Market cap$201.39M-4.7%
Enterprise value$823.89M-3.6%
P/S0.1×0.0×

Profitability

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Gross margin25.7%-0.6pp
Operating margin0.9%-0.2pp
Net margin-4.3%+0.7pp
FCF margin3.3%+1.2pp

Returns & leverage

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Return on equity-160.6%
Debt / equity225.1×+218×
Current ratio1.4×0.0×

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.