Alta Equipment (ALTG) financial statements
Alta Equipment reported revenue of $1.8B in fiscal 2025, up 22.0% a year over 6 years.
Net income was -$80M.
Free cash flow was $24M, and the company returned $3M in dividends and $8M in net buybacks.
The diluted share count rose 947% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Alta Equipment's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $557M | $874M | $1.2B | $1.6B | $1.9B | $1.9B | $1.8B |
| Cost of revenue | — | $405M | $659M | $898M | $1.2B | $1.4B | $1.4B | $1.4B |
| Gross profit | — | $152M | $214M | $314M | $420M | $507M | $494M | $475M |
| Selling, general and admin | — | $138M | $216M | $286M | $362M | $430M | $446M | $423M |
| Operating income | -$342 | $12M | -$8M | $18M | $41M | $54M | $19M | $23M |
| Interest expense | — | $3M | $2M | $2M | $3M | $8M | $12M | $11M |
| Pre-tax income | -$342 | -$35M | -$31M | -$17M | $11M | $2M | -$66M | -$59M |
| Income tax | $800 | $0 | -$7M | $4M | $1M | -$6M | -$4M | $22M |
| Net income | -$1,142 | -$35M | -$24M | -$21M | $9M | $9M | -$62M | -$80M |
| EPS (diluted) | $0.00 | -$4.84 | -$0.90 | -$0.74 | $0.20 | $0.18 | -$1.96 | -$2.55 |
| Diluted shares | 3M | 7M | 27M | 32M | 32M | 33M | 33M | 33M |
| Gross margin | — | 27.3% | 24.6% | 25.9% | 26.7% | 27.0% | 26.3% | 25.9% |
| Operating margin | — | 2.1% | -0.9% | 1.5% | 2.6% | 2.9% | 1.0% | 1.3% |
| Net margin | — | -6.4% | -2.7% | -1.7% | 0.6% | 0.5% | -3.3% | -4.4% |
Balance sheet
Fiscal years, from Alta Equipment's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $49,658 | $654,488 | $1M | $2M | $3M | $31M | $13M | $19M |
| Receivables | — | $101M | $138M | $183M | $233M | $249M | $200M | $187M |
| Inventory | — | $137M | $229M | $239M | $400M | $531M | $536M | $473M |
| Total current assets | $49,658 | $244M | $382M | $449M | $663M | $838M | $774M | $710M |
| Property, plant and equipment | — | $196M | $312M | $344M | $378M | $73M | $82M | $73M |
| Goodwill | $8M | $9M | $24M | $42M | $69M | $77M | $78M | $78M |
| Total assets | $212,158 | $454M | $746M | $983M | $1.3B | $1.6B | $1.5B | $1.3B |
| Total current liabilities | — | $343M | $434M | $322M | $471M | $635M | $577M | $495M |
| Long-term debt | — | $86M | $135M | $310M | $311M | $312M | $480M | $484M |
| Total liabilities | $220,779 | $477M | $589M | $848M | $1.2B | $1.4B | $1.4B | $1.3B |
| Shareholders' equity | $12M | -$23M | $157M | $135M | $140M | $150M | $78M | -$9M |
| Net debt | -$49,658 | $93M | $142M | $310M | $313M | $289M | $477M | $477M |
Cash flow
Fiscal years, from Alta Equipment's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$342 | -$6M | -$35M | $31M | $18M | $58M | $57M | $33M |
| Capital spending | — | $3M | $4M | $8M | $13M | $12M | $15M | $9M |
| Free cash flow | — | -$8M | -$39M | $23M | $6M | $46M | $42M | $24M |
| Stock-based compensation | — | — | $7M | $1M | $3M | $4M | $5M | $4M |
| Dividends paid | — | — | — | $3M | $3M | $3M | $3M | $3M |
| Share buybacks (net) | — | — | -$6M | — | — | — | -$6M | -$8M |
| Net borrowing | — | $8M | $143M | -$2M | — | — | — | — |
| Free cash flow margin | — | -1.5% | -4.5% | 1.9% | 0.4% | 2.5% | 2.2% | 1.3% |
| Dividends per share | — | — | — | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 |
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Open ALTG in InvestinglyQuestions
What was Alta Equipment's revenue in 2025?
$1.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does Alta Equipment generate?
$24M in fiscal 2025 (operating cash flow minus capital spending).
From Alta Equipment's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.