ALTG (Alta Equipment Group) Interest Expense: $-86 Mil (TTM As of Mar. 2026)


ALTG Alta Equipment Group Inc ALTG
75 GF Score
Price $6.30
GF Value $7.53
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Alta Equipment Group Interest Expense?

Alta Equipment Group ALTG -2.63% 75 Interest Expense is $-86 Mil as of Mar. 2026. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.53 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alta Equipment Group's interest expense for the three months ended in Mar. 2026 was $ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-86 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Alta Equipment Group's Operating Income for the three months ended in Mar. 2026 was $ -6 Mil. Alta Equipment Group's Interest Expense for the three months ended in Mar. 2026 was $ -20 Mil. Alta Equipment Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Alta Equipment Group  (NYSE:ALTG) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Alta Equipment Group's Interest Expense for the three months ended in Mar. 2026 was $-20 Mil. Its Operating Income for the three months ended in Mar. 2026 was $-6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $814 Mil.

Alta Equipment Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Alta Equipment Group did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Alta Equipment Group Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Alta Equipment Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Alta Equipment Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alta Equipment Group Interest Expense Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only -24.00 -31.80 -57.00 -81.30 -88.40

Alta Equipment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.90 -22.30 -22.40 -21.80 -19.50
ALTG
75GF Score
Alta Equipment Group Inc ALTG
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alta Equipment Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-86 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-86 Mil mean?
Alta Equipment Group (ALTG) has a Interest Expense of $-86 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Alta Equipment Group and its competitors.
Is Alta Equipment Group's Interest Expense too high?
Alta Equipment Group's current Interest Expense is $-86 Mil. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Interest Expense compare to MWG and AIHS?
Alta Equipment Group's Interest Expense of $-86 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Business Services company?
A good Interest Expense depends on the Business Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Alta Equipment Group and its competitors. Alta Equipment Group's current Interest Expense is $-86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.53, compared to a current price of $6.30 — trading 16.3% below its estimated fair value. The current Interest Expense is $-86 Mil. Alta Equipment Group's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Interest Expense is $-86 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alta Equipment Group (ALTG) Overvalued in 2026?

Based on GuruFocus' analysis, Alta Equipment Group stock appears to be undervalued. The current stock price of $6.30 is trading 16.3% below its estimated GF Value™ of $7.53. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

  • Interest Expense: $-86 Mil
  • GF Value™: $7.53 vs. price of $6.30 (16.3% below fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the ALTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alta Equipment Group Business Description

Other Exchanges ALTGpA.PFD:USA
Address 13211 Merriman Road, Livonia, MI, USA, 48150
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
75GF Score

Get the complete analysis for ALTG

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.30
Price
$7.53
GF Value