Alta Equipment Group Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $218.9M
- Price
- $6.70
- % Change (Daily % change from the live per-ticker quote feed.)
- -4.56%
- Volume
- 131.0K
About
Alta Equipment Group Inc. (AEG) manages a comprehensive network of equipment dealerships throughout the United States. Its operations are divided into two primary divisions: Material Handling and Construction Equipment. Through its widespread branch network, the company offers sales, rentals, and comprehensive parts and service support for a diverse array of specialized machinery. This includes industrial lift trucks, elevated work platforms, earthmoving machinery, cranes, asphalt and paving equipment, and various other material handling and construction tools. Additionally, they provide ongoing repair and maintenance services for all equipment. Furthermore, AEG extends its offerings to include warehouse design and construction, as well as automated equipment installation and system integration solutions. The company caters to a broad clientele across diverse sectors, including manufacturing, food and beverage, wholesale and retail, construction, automotive, municipal and government entities, and healthcare. Established in 1984, Alta Equipment Group Inc. maintains its corporate headquarters in Livonia, Michigan.
Quick stats
Shares outstanding32.7M
Computed float23.8M
Float / shares72.9%
Key info
SectorIndustrials
IndustryRental & Leasing Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001759824
Websitehttps://www.altg.com
AI Summary
AI-generated1/13
standardmixedearnings
Alta Equipment Group Announces Second Quarter 2026 Financial Results
Alta Equipment Group reported Q2 revenue of $475.5 million, down 1.2% year-over-year but up 15.8% sequentially, with Adjusted EBITDA increasing to $48.6 million.
Operational metrics improved as gross margins expanded in equipment sales and service, interest expense fell by $2.8 million YoY, and the company generated $26.1 million in operating cash flow year-to-date.
Management tightened its full-year 2026 Adjusted EBITDA guidance to a range of $167.5 million to $177.5 million, citing signs of market recovery and improving booking trends.
Red flags
- Total revenues decreased $5.7 million year over year
- Net loss available to common stockholders of $(8.2) million
- Rental fleet, gross book value decreased $50.3 million year over year