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Alta Equipment Group (Alta Equipment Group) Market Cap : $371 Mil (As of May. 01, 2024)


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What is Alta Equipment Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Alta Equipment Group's share price for the quarter that ended in Dec. 2023 was $12.37. Alta Equipment Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 32 Mil. Therefore, Alta Equipment Group's market cap for the quarter that ended in Dec. 2023 was $400 Mil.

Alta Equipment Group's quarterly market cap declined from Jun. 2023 ($561 Mil) to Sep. 2023 ($390 Mil) but then increased from Sep. 2023 ($390 Mil) to Dec. 2023 ($400 Mil).

Alta Equipment Group's annual market cap declined from Dec. 2021 ($474 Mil) to Dec. 2022 ($425 Mil) and declined from Dec. 2022 ($425 Mil) to Dec. 2023 ($400 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Alta Equipment Group's Enterprise Value for Today is $1,517 Mil.


Alta Equipment Group Market Cap Historical Data

The historical data trend for Alta Equipment Group's Market Cap 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.

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Alta Equipment Group Market Cap Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial 184.50 296.58 473.80 424.64 400.41

Alta Equipment Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap 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 424.64 513.03 560.94 390.36 400.41

Competitive Comparison of Alta Equipment Group's Market Cap

For the Rental & Leasing Services subindustry, Alta Equipment Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alta Equipment Group's Market Cap Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alta Equipment Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Alta Equipment Group's Market Cap falls into.



Alta Equipment Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Alta Equipment Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$12.37*32.3698
=$400

Alta Equipment Group's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$12.37*32.3698
=$400

* 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  (NYSE:ALTG) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Alta Equipment Group Market Cap Related Terms

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Alta Equipment Group (Alta Equipment Group) Business Description

Traded in Other Exchanges
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 and Construction Equipment. 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, New York, Florida and throughout the New England States.
Executives
Zachary E. Savas director 3250 W. BIG BEAVER ROAD, SUITE 544, TROY MI 48084
Ryan Greenawalt director, 10 percent owner, officer: CEO, Chairman C/O ALTA EQUIPMENT GROUP INC., 13211 MERRIMAN RD, LIVONIA MI 48150
Andrew P Studdert director PO BOX 66100 - WHQLD, CHICAGO IL 60666
Daniel Shribman director 299 PARK AVENUE, NEW YORK NY 10171
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Craig Brubaker officer: Chief Operating Officer C/O ALTA EQUIPMENT GROUP INC., 13211 MERRIMAN ROAD, LIVONIA MI 48150
Anthony Colucci officer: Chief Financial Officer C/O ALTA EQUIPMENT GROUP INC., 13211 MERRIMAN RD, LIVONIA MI 48150
Katherine E White director ONE MAIN STREET, EVANSVILLE IN 47708
B. Riley Principal Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
James L Kempner director C/O LAZARD FRERES & CO. LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Brc Partners Management Gp, Llc 10 percent owner 11100 SANTA MONICA BLVD SUITE 800, LOS ANGELES CA 90025
B. Riley Capital Management, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Opportunity Fund, Lp 10 percent owner 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025