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Alta Equipment Group ALTG Proceeds From Sale Of Long Term Rental Equipment

Proceeds From Sale Of Long Term Rental Equipment at other companies

WillScot Holdings Corporation logo
WillScot Holdings CorporationWSC
$19.28M+37.1%
Pathward Financial, Inc. logo
Pathward Financial, Inc.CASH
$4.05M+49.0%
Custom Truck One Source logo
Custom Truck One SourceCTOS
$47.81M+7.3%
FIP
FTAI Infrastructure Inc.FIP
$0
Mcgrath Rentcorp logo
Mcgrath RentcorpMGRC
$11.95M-6.8%
Century Communities logo
Century CommunitiesCCS
$22.81M

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:ProceedsFromSaleOfLongTermRentalEquipment.

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 proceeds from sale of long term rental equipment?
Alta Equipment Group (ALTG) reported proceeds from sale of long term rental equipment of $3.4M in Q1 2026.
How has Alta Equipment Group's proceeds from sale of long term rental equipment changed year-over-year?
Alta Equipment Group's proceeds from sale of long term rental equipment increased by 47.8% year-over-year, from $2.3M to $3.4M.
What is the long-term trend for Alta Equipment Group's proceeds from sale of long term rental equipment?
Over 2 years (2022 to 2025), Alta Equipment Group's proceeds from sale of long term rental equipment has grown at a 20.6% compound annual growth rate (CAGR), from $7.5M to $10.9M.
What does proceeds from sale of long term rental equipment mean?
This captures the cash received from the divestiture of long-term rental assets, distinct from standard inventory sales. It indicates the efficiency of the company's asset lifecycle management and its ability to recover capital from older fleet equipment.