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Alta Equipment Group ALTG Principal Payments On Long Term Debt And Finance Lease Obligations

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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 altg:PrincipalPaymentsOnLongTermDebtAndFinanceLeaseObligations.

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 principal payments on long term debt and finance lease obligations?
Alta Equipment Group (ALTG) reported principal payments on long term debt and finance lease obligations of $49.6M in Q1 2026.
How has Alta Equipment Group's principal payments on long term debt and finance lease obligations changed year-over-year?
Alta Equipment Group's principal payments on long term debt and finance lease obligations decreased by 19.5% year-over-year, from $61.6M to $49.6M.
What is the long-term trend for Alta Equipment Group's principal payments on long term debt and finance lease obligations?
Over 3 years (2022 to 2025), Alta Equipment Group's principal payments on long term debt and finance lease obligations has grown at a 5.0% compound annual growth rate (CAGR), from $298.3M to $345.5M.
What does principal payments on long term debt and finance lease obligations mean?
This metric represents the cash outflows used to reduce the outstanding principal balance of long-term debt and finance lease obligations. It reflects the company's commitment to deleveraging its balance sheet and managing long-term financial liabilities. Monitoring this helps investors assess the company's debt repayment schedule and overall financial health.