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ALTA EQUIPMENT GROUP (ALTG)

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Earnings summaries and quarterly performance for ALTA EQUIPMENT GROUP.

Recent press releases and 8-K filings for ALTG.

Alta Equipment Group Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
ALTG
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Alta Equipment Group reported Q4 2025 revenue of $509 million, an increase of $11 million year-over-year, driven primarily by higher equipment sales, and full-year 2025 revenue of $1.84 billion.
  • Adjusted EBITDA for Q4 2025 was $40.6 million, essentially flat year-over-year, while full-year 2025 Adjusted EBITDA was $164.4 million.
  • The company generated $103.1 million in free cash flow after rent-to-sell decisions in 2025 and reduced net debt by approximately $25 million sequentially in Q4, ending the year with 4.9x net leverage.
  • For 2026, Alta expects Adjusted EBITDA to reach $180 million at the midpoint of its guidance, with a goal to reduce net leverage below 4.5x by year-end.
  • Market conditions are improving, with Q4 2025 demand for new and used equipment rebounding meaningfully and quote activity strengthening across construction and material handling segments, positioning 2026 for sequential strengthening with momentum carrying into the back half.
1 day ago
Alta Equipment Group Reports Q4 and Full-Year 2025 Results, Provides 2026 Guidance
ALTG
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Alta Equipment Group reported Q4 2025 revenue of $509 million and adjusted EBITDA of $40.6 million, with full-year 2025 revenue reaching $1.84 billion and adjusted EBITDA at $164.4 million. The company reduced net debt by approximately $25 million sequentially in Q4, ending the year with 4.9x net leverage.
  • For 2026, Alta projects an adjusted EBITDA midpoint of $180 million and aims to reduce net leverage to below 4.5x by year-end. This outlook is supported by a healthier market backdrop with rebounding demand, normalizing inventories, and improving customer sentiment, though sequential strengthening is expected to be second half-weighted.
  • The company targets over $200 million in high-quality EBITDA and approximately $1.4 billion in equipment sales by 2028, with a long-term leverage target of approximately 3.5 times. Capital allocation prioritizes deleveraging, with the common dividend cut in Q2 2025 and no short-term plans for reinstatement.
1 day ago
Alta Equipment Group Reports Q4 and Full Year 2025 Results
ALTG
Earnings
Guidance Update
Dividends
  • Alta Equipment Group reported Q4 2025 revenue of $509 million and adjusted EBITDA of $40.6 million, with full-year 2025 revenue at $1.84 billion and adjusted EBITDA at $164.4 million.
  • The company reduced net debt by $25 million sequentially in Q4 2025, ending the year with 4.9x net leverage, and aims to be below 4.5x by the end of 2026.
  • Entering 2026, market conditions are improving with rebounding demand for new and used equipment, normalizing inventories, and moderating competitive discounting.
  • For 2026, Alta expects adjusted EBITDA guidance of $180 million (midpoint), with growth anticipated to be second half-weighted and driven by modest recovery in equipment volumes and improved margins.
  • Capital allocation priorities focus on deleveraging, with no short-term reinstatement of the dividend and a selective M&A strategy.
1 day ago
Alta Equipment Group Announces Fourth Quarter and Full Year 2025 Financial Results and 2026 Guidance
ALTG
Earnings
Guidance Update
Share Buyback
  • Alta Equipment Group reported total revenues of $509.1 million for Q4 2025, a 2.2% increase year-over-year, and $1,835.9 million for the full year 2025, a 2.2% decrease year-over-year.
  • The company posted a net loss available to common stockholders of $(12.5) million for Q4 2025 and $(83.3) million for the full year 2025, with basic and diluted net loss per share of $(0.39) and $(2.55), respectively.
  • Adjusted EBITDA decreased 0.2% to $40.6 million in Q4 2025 and decreased 2.3% to $164.4 million for the full year 2025.
  • For fiscal year 2026, Alta Equipment Group provided Adjusted EBITDA guidance between $172.5 million and $187.5 million.
  • In Q4 2025, the company repurchased 171,308 shares of common stock for $1.0 million.
1 day ago
Alta Equipment Group Reports Q3 2025 Financial Results and Updates Full-Year Guidance
ALTG
Earnings
Guidance Update
Demand Weakening
  • Alta Equipment Group reported Q3 2025 revenue of $422.6 million, marking a 5.8% organic reduction versus the prior year, with adjusted EBITDA reaching $41.7 million.
  • The company updated its fiscal year 2025 adjusted EBITDA guidance to between $168 million and $172 million and maintained its free cash flow before rent-to-sale decisioning guidance at $105 million to $110 million.
  • Equipment sales were challenged in Q3 2025, particularly in the construction segment, which saw an $18.7 million drop year-over-year; however, October new equipment sales topped $75 million, representing nearly 60% of Q3's entire equipment sales.
  • The material handling segment's adjusted EBITDA was $17.5 million in Q3, up year-over-year and sequentially, and its backlog remains over $100 million.
  • The company completed the divestiture of its dock and door division and reduced SG&A by approximately $25 million year-to-date through structural cost savings and improved efficiency.
Nov 6, 2025, 10:00 PM
Alta Equipment Group Inc. Announces Third Quarter 2025 Financial Results
ALTG
Earnings
Guidance Update
Demand Weakening
  • Alta Equipment Group Inc. reported total revenues decreased $26.2 million year over year to $422.6 million for the third quarter ended September 30, 2025.
  • The company recorded a net loss available to common stockholders of $(42.3) million, resulting in basic and diluted net loss per share of $(1.31).
  • Adjusted EBITDA decreased $1.5 million year over year to $41.7 million for Q3 2025.
  • The income tax expense of $24.4 million in Q3 2025 was primarily related to valuation allowance impacts of the One Big Beautiful Bill Act (OBBBA), which is expected to reduce future cash taxes paid.
  • Management updated its full-year 2025 Adjusted EBITDA guidance to be between $168.0 million and $172.0 million.
Nov 6, 2025, 9:17 PM
Alta Equipment Group Announces Third Quarter 2025 Financial Results and Updated Full-Year Guidance
ALTG
Earnings
Guidance Update
Demand Weakening
  • Alta Equipment Group reported a 5.8% year-over-year decrease in total revenues to $422.6 million for the third quarter of 2025, primarily due to a $20.7 million reduction in the Construction Equipment segment driven by a fleet optimization strategy.
  • The company recorded a net loss available to common stockholders of $(42.3) million and a basic and diluted net loss per share of $(1.31) for the quarter, with Adjusted EBITDA decreasing to $41.7 million.
  • Income tax expense for the quarter was $24.4 million, largely due to valuation allowance impacts from the One Big Beautiful Bill Act (OBBBA), which, despite causing a non-recurring deferred income tax expense, is expected to reduce future cash taxes.
  • Alta Equipment Group updated its full-year 2025 Adjusted EBITDA guidance to a range of $168.0 million to $172.0 million.
Nov 6, 2025, 9:15 PM