📊 ALTG-PA Key Takeaways
Is Alta Equipment Group Inc.. (ALTG-PA) a Good Investment?
Alta Equipment Group exhibits severe financial distress with negative stockholders' equity of -$8.8M, indicating the company is technically insolvent. The company is unprofitable with -$80.3M net income, dangerously low interest coverage of 0.3x, and deteriorating operating margins of 1.3%, creating substantial risk of covenant violations and potential bankruptcy.
Alta Equipment Group's fundamentals are weak: revenue is declining, operating margins are extremely thin, and the company remains meaningfully unprofitable at the net level. The balance sheet is stressed by negative equity, low cash, and very weak interest coverage, while positive free cash flow is too small relative to debt burden and earnings pressure to offset the financial risk.
Why Buy Alta Equipment Group Inc.. Stock? ALTG-PA Key Strengths
- Positive operating cash flow of $33.0M provides short-term liquidity cushion
- Positive free cash flow of $23.8M demonstrates ability to generate cash despite losses
- Gross margin of 25.9% indicates reasonable product pricing power in core operations
- Gross margin remains relatively solid at 25.9%, indicating the core business still produces meaningful gross profit
- Operating cash flow and free cash flow are positive, which provides some near-term financial flexibility
- Current ratio of 1.43x suggests acceptable short-term balance sheet coverage on a current basis
ALTG-PA Stock Risks: Alta Equipment Group Inc.. Investment Risks
- Negative stockholders' equity of -$8.8M indicates technical insolvency and high bankruptcy risk
- Critical interest coverage ratio of 0.3x signals inability to service $484.5M long-term debt obligations
- Negative net income of -$80.3M with worsening EPS (-30.1% YoY) shows accelerating operational deterioration
- Net margin of -4.4% and operating margin of 1.3% demonstrate unprofitable business model
- Revenue declining 2.2% YoY despite negative net income indicates structural challenges
- Negative stockholders' equity signals a highly stressed capital structure and limits balance sheet resilience
- Interest coverage of 0.3x indicates operating income is insufficient to comfortably service debt
- Net losses, negative ROA, and declining revenue point to weak earnings quality and deteriorating profitability
Key Metrics to Watch
- Stockholders' equity trend - critical to monitor for further deterioration
- Interest coverage ratio - current 0.3x level unsustainable for long-term debt servicing
- Operating margin progression - 1.3% margin must improve significantly to achieve profitability
- Debt covenant compliance status and refinancing runway
- Cash burn rate relative to operating cash flow sustainability
- Operating margin and interest coverage
- Operating cash flow and stockholders' equity trend
Alta Equipment Group Inc.. (ALTG-PA) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 1.3% FCF margin may limit capital allocation flexibility.
ALTG-PA Profit Margin, ROE & Profitability Analysis
ALTG-PA vs Industrial Sector: How Alta Equipment Group Inc.. Compares
How Alta Equipment Group Inc.. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Alta Equipment Group Inc.. Stock Overvalued? ALTG-PA Valuation Analysis 2026
Based on fundamental analysis, Alta Equipment Group Inc.. has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Alta Equipment Group Inc.. Balance Sheet: ALTG-PA Debt, Cash & Liquidity
ALTG-PA Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Alta Equipment Group Inc..'s revenue has grown significantly by 55% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.18 reflects profitable operations.
ALTG-PA Revenue Growth, EPS Growth & YoY Performance
ALTG-PA Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $422.6M | -$27.7M | $-0.86 |
| Q2 2025 | $481.2M | -$6.1M | $-0.21 |
| Q1 2025 | $423.0M | -$11.9M | $-0.38 |
| Q3 2024 | $448.8M | $7.4M | $0.20 |
| Q2 2024 | $468.4M | $2.4M | $0.05 |
| Q1 2024 | $420.7M | $1.0M | $0.01 |
| Q3 2023 | $405.0M | $5.1M | $0.14 |
| Q2 2023 | $406.5M | $2.4M | $0.05 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Alta Equipment Group Inc.. Dividends, Buybacks & Capital Allocation
ALTG-PA SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Alta Equipment Group Inc.. (CIK: 0001759824)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ALTG-PA
What is the AI rating for ALTG-PA?
Alta Equipment Group Inc.. (ALTG-PA) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ALTG-PA's key strengths?
Claude: Positive operating cash flow of $33.0M provides short-term liquidity cushion. Positive free cash flow of $23.8M demonstrates ability to generate cash despite losses. ChatGPT: Gross margin remains relatively solid at 25.9%, indicating the core business still produces meaningful gross profit. Operating cash flow and free cash flow are positive, which provides some near-term financial flexibility.
What are the risks of investing in ALTG-PA?
Claude: Negative stockholders' equity of -$8.8M indicates technical insolvency and high bankruptcy risk. Critical interest coverage ratio of 0.3x signals inability to service $484.5M long-term debt obligations. ChatGPT: Negative stockholders' equity signals a highly stressed capital structure and limits balance sheet resilience. Interest coverage of 0.3x indicates operating income is insufficient to comfortably service debt.
What is ALTG-PA's revenue and growth?
Alta Equipment Group Inc.. reported revenue of $1.8B.
Does ALTG-PA pay dividends?
Alta Equipment Group Inc.. pays dividends, with $3.0M distributed to shareholders in the trailing twelve months.
Where can I find ALTG-PA SEC filings?
Official SEC filings for Alta Equipment Group Inc.. (CIK: 0001759824) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ALTG-PA's EPS?
Alta Equipment Group Inc.. has a diluted EPS of $-2.55.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ALTG-PA a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Alta Equipment Group Inc.. has a STRONG SELL rating with 90% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ALTG-PA stock overvalued or undervalued?
Valuation metrics for ALTG-PA: ROE of N/A (sector avg: 15%), net margin of -4.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy ALTG-PA stock in 2026?
Our dual AI analysis gives Alta Equipment Group Inc.. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ALTG-PA's free cash flow?
Alta Equipment Group Inc..'s operating cash flow is $33.0M, with capital expenditures of $9.2M. FCF margin is 1.3%.
How does ALTG-PA compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -4.4% (avg: 10%), ROE N/A (avg: 15%), current ratio 1.43 (avg: 1.8).