Alta Equipment Group Inc. (ALTGPA) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
13211 MERRIMAN ROAD LIVONIA, MI 48150 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5084 - Industrial Machinery and Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13,400 | 31,000 | 2,700 | 2,300 | 1,200 | 654 | |||
| Cash and cash equivalent | 13,400 | 31,000 | 2,700 | 2,300 | 1,200 | 654 | |||
| Receivables | 199,700 | 249,300 | 232,800 | 182,700 | 137,800 | ||||
| Inventory, net of allowances, customer advances and progress billings | 535,900 | 530,700 | 399,700 | 239,200 | 229,000 | ||||
| Inventory | 535,900 | 530,700 | 399,700 | 239,200 | 229,000 | ||||
| Prepaid expense | 178 | ||||||||
| Other undisclosed current assets | 25,500 | 27,000 | 28,100 | 24,400 | 13,600 | ||||
| Total current assets: | 774,500 | 838,000 | 663,300 | 448,600 | 381,600 | 833 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 113,000 | 110,900 | 113,600 | 102,600 | |||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 81,600 | 464,800 | 377,800 | 344,500 | 311,900 | ||||
| Long-term investments and receivables | 145,999 | ||||||||
| Long-term investments | 145,999 | ||||||||
| Intangible asset, including goodwill, after accumulated amortization | 132,200 | 143,000 | 129,900 | 85,300 | 50,600 | ||||
| Goodwill | 77,500 | 76,700 | 69,200 | 41,900 | 24,300 | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 54,700 | 66,300 | 60,700 | 43,400 | 26,300 | ||||
| Regulated entity, other noncurrent assets | 4,300 | ||||||||
| Other noncurrent assets | 20,300 | 14,200 | 6,000 | 1,600 | 2,100 | ||||
| Other undisclosed noncurrent assets | 354,500 | ||||||||
| Total noncurrent assets: | 705,900 | 732,900 | 627,300 | 534,000 | 364,600 | 145,999 | |||
| TOTAL ASSETS: | 1,480,400 | 1,570,900 | 1,290,600 | 982,600 | 746,200 | 146,831 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 142,700 | 156,700 | 145,900 | 112,800 | 89,000 | 1,562 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 309 | ||||
| Accounts payable | 91,500 | 97,000 | 90,800 | 73,500 | 58,900 | ||||
| Accrued liabilities | 51,200 | 59,700 | 55,100 | 39,300 | 30,100 | ||||
| Other undisclosed accounts payable and accrued liabilities | 1,253 | ||||||||
| Deferred revenue | 13,000 | 16,200 | 14,100 | ||||||
| Debt | 10,500 | 7,700 | 4,200 | 2,600 | 7,800 | ||||
| Other liabilities | 6,600 | 23,900 | 7,500 | 19,100 | 13,100 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 100 | |||||
| Other undisclosed current liabilities | 404,400 | 430,600 | 299,500 | 286,100 | 324,400 | ||||
| Total current liabilities: | 577,200 | 635,100 | 471,200 | 420,600 | 434,300 | 1,662 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 695,300 | 659,300 | 544,100 | 319,000 | 137,500 | ||||
| Long-term debt, excluding current maturities | 480,000 | 312,300 | 311,200 | 310,000 | 135,000 | ||||
| Finance lease, liability | 35,500 | 31,100 | 15,400 | 9,000 | |||||
| Other undisclosed long-term debt and lease obligation | 179,800 | 315,900 | 217,500 | (88,400) | |||||
| Liabilities, other than long-term debt | 130,300 | 124,300 | 130,800 | 14,700 | 9,300 | ||||
| Deferred revenue | 4,300 | 4,200 | 4,900 | 4,200 | |||||
| Deferred income tax liabilities | 10,800 | 7,700 | 6,400 | 6,900 | |||||
| Other liabilities | 11,700 | 12,800 | 17,600 | 3,600 | 9,300 | ||||
| Operating lease, liability | 103,500 | 99,600 | 101,900 | 88,400 | 2,500 | ||||
| Other undisclosed noncurrent liabilities | 2,500 | 4,700 | 93,600 | 8,200 | |||||
| Total noncurrent liabilities: | 825,600 | 786,100 | 679,600 | 427,300 | 155,000 | ||||
| Other undisclosed liabilities | 309 | ||||||||
| Total liabilities: | 1,402,800 | 1,421,200 | 1,150,800 | 847,900 | 589,300 | 1,971 | |||
| Temporary equity, including noncontrolling interest | 139,861 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 77,600 | 149,700 | 139,800 | 134,700 | 156,900 | 5,000 | |||
| Treasury stock, value | (11,700) | (5,900) | (5,900) | (5,900) | (5,900) | ||||
| Additional paid in capital | 243,500 | 233,800 | 222,800 | 217,400 | 216,200 | 5,000 | |||
| Accumulated other comprehensive loss | (4,900) | (1,800) | (2,900) | ||||||
| Accumulated deficit | (149,300) | (76,400) | (74,200) | (76,800) | (53,400) | (0) | |||
| Other undisclosed equity, attributable to parent | 0 | ||||||||
| Total equity: | 77,600 | 149,700 | 139,800 | 134,700 | 156,900 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,480,400 | 1,570,900 | 1,290,600 | 982,600 | 746,200 | 146,831 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,876,600 | 1,876,800 | 1,571,800 | 1,212,800 | 873,600 | 2,253 | ||
| Net investment income | 2,253 | |||||||
| Cost of revenue (Cost of Product and Service Sold) | (1,382,900) | (1,369,600) | (1,152,200) | (898,400) | (659,100) | (1,935) | ||
| Gross profit: | 493,700 | 507,200 | 419,600 | 314,400 | 214,500 | 318 | ||
| Operating expenses | (475,100) | (452,800) | (378,800) | (296,400) | (222,600) | |||
| Other undisclosed operating loss | (2,253) | |||||||
| Operating income (loss): | 18,600 | 54,400 | 40,800 | 18,000 | (8,100) | (1,935) | ||
| Nonoperating expense | (84,900) | (51,900) | (30,200) | (35,200) | (22,500) | |||
| Other nonoperating income | 8,800 | 5,100 | 1,600 | 700 | 8,900 | |||
| Interest and debt expense | (3,800) | (57,000) | (31,800) | (24,000) | (7,600) | |||
| Loss from continuing operations before equity method investments, income taxes: | (70,100) | (54,500) | (21,200) | (41,200) | (38,200) | (1,935) | ||
| Other undisclosed income from continuing operations before income taxes | 3,800 | 57,000 | 31,800 | 24,000 | 7,600 | 2,253 | ||
| Income (loss) from continuing operations before income taxes: | (66,300) | 2,500 | 10,600 | (17,200) | (30,600) | 318 | ||
| Income tax expense (benefit) | 4,200 | 6,400 | (1,300) | (3,600) | 6,600 | (309) | ||
| Income (loss) from continuing operations: | (62,100) | 8,900 | 9,300 | (20,800) | (24,000) | 9 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (20,800) | (24,000) | 9 | |
| Net income (loss) attributable to parent: | (62,100) | 8,900 | 9,300 | (20,800) | (24,000) | 9 | ||
| Preferred stock dividends and other adjustments | (3,000) | (3,000) | (3,000) | (2,600) | ||||
| Net income (loss) available to common stockholders, diluted: | (65,100) | 5,900 | 6,300 | (23,400) | (24,000) | 9 | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (62,100) | 8,900 | 9,300 | (20,800) | (24,000) | 9 | ||
| Comprehensive income (loss): | (62,100) | 8,900 | 9,300 | (20,800) | (24,000) | 9 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,100) | 1,100 | (2,900) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (65,200) | 10,000 | 6,400 | (20,800) | (24,000) | 9 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.