Alta Equipment Group Past Earnings Performance
Past criteria checks 2/6
Alta Equipment Group has been growing earnings at an average annual rate of 48.4%, while the Trade Distributors industry saw earnings growing at 23.5% annually. Revenues have been growing at an average rate of 28.2% per year. Alta Equipment Group's return on equity is 5.9%, and it has net margins of 0.3%.
Key information
48.4%
Earnings growth rate
86.4%
EPS growth rate
Trade Distributors Industry Growth | 23.4% |
Revenue growth rate | 28.2% |
Return on equity | 5.9% |
Net Margin | 0.3% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Alta Equipment Group (NYSE:ALTG)
Mar 22Alta Equipment Group (NYSE:ALTG) Has Affirmed Its Dividend Of $0.057
Feb 05Alta Equipment: Debt And Control Concerns Mitigate The Gains From Acquisitions
Jan 12Alta Equipment Group (NYSE:ALTG) Is Paying Out A Dividend Of $0.057
Aug 11Alta Equipment Looks Cheap: Proven Model, M&A, And Online Efforts
Jul 27Estimating The Intrinsic Value Of Alta Equipment Group Inc. (NYSE:ALTG)
May 16When Should You Buy Alta Equipment Group Inc. (NYSE:ALTG)?
Apr 06Alta Equipment declares $0.057 dividend
Feb 01Alta Equipment Group to acquire Ecoverse Industries
Oct 18Alta Equipment: Multiple Tailwinds
Sep 26At US$12.93, Is Alta Equipment Group Inc. (NYSE:ALTG) Worth Looking At Closely?
Sep 09Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
Jul 19Alta Equipment initiates $0.057 dividend, to buyback $12.5M shares
Jul 12Alta Equipment Group to acquire privately held Yale Industrial Trucks
Jul 06Our First Take On Alta Equipment Group
Dec 01Alta Equipment Group (NYSE:ALTG) Is Reinvesting At Lower Rates Of Return
Nov 30Earnings Update: Here's Why Analysts Just Lifted Their Alta Equipment Group Inc. (NYSE:ALTG) Price Target To US$17.50
Aug 15These 4 Measures Indicate That Alta Equipment Group (NYSE:ALTG) Is Using Debt In A Risky Way
Aug 12There Are Reasons To Feel Uneasy About Alta Equipment Group's (NYSE:ALTG) Returns On Capital
May 26Alta Equipment Group (NYSE:ALTG) Has Debt But No Earnings; Should You Worry?
Mar 31Revenue & Expenses BreakdownBeta
How Alta Equipment Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 1,877 | 6 | 430 | 0 |
30 Sep 23 | 1,784 | 7 | 412 | 0 |
30 Jun 23 | 1,723 | 5 | 400 | 0 |
31 Mar 23 | 1,661 | 9 | 383 | 0 |
31 Dec 22 | 1,572 | 6 | 362 | 0 |
30 Sep 22 | 1,500 | 7 | 344 | 0 |
30 Jun 22 | 1,390 | 2 | 322 | 0 |
31 Mar 22 | 1,276 | -20 | 304 | 0 |
31 Dec 21 | 1,213 | -23 | 286 | 0 |
30 Sep 21 | 1,137 | -25 | 279 | 0 |
30 Jun 21 | 1,063 | -24 | 265 | 0 |
31 Mar 21 | 962 | -13 | 237 | 0 |
31 Dec 20 | 874 | -24 | 216 | 0 |
30 Sep 20 | 763 | -27 | 188 | 0 |
30 Jun 20 | 692 | -54 | 167 | 0 |
31 Mar 20 | 636 | -50 | 156 | 0 |
31 Dec 19 | 557 | -35 | 138 | 0 |
30 Sep 19 | 504 | -28 | 120 | 0 |
31 Dec 18 | 413 | 2 | 92 | 0 |
31 Dec 17 | 345 | 6 | 75 | 0 |
Quality Earnings: ALTG has high quality earnings.
Growing Profit Margin: ALTG's current net profit margins (0.3%) are lower than last year (0.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ALTG has become profitable over the past 5 years, growing earnings by 48.4% per year.
Accelerating Growth: ALTG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALTG had negative earnings growth (-6.3%) over the past year, making it difficult to compare to the Trade Distributors industry average (4.2%).
Return on Equity
High ROE: ALTG's Return on Equity (5.9%) is considered low.