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Alta Equipment Group (ALTG)
NYSE:ALTG
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.57Last Year’s EPS
-0.47Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrays cautious optimism. Management reported a record quarter for equipment sales, improved product support margins, meaningful free cash flow generation, inventory normalization, and a concrete plan to delever and re-focus the business. Several multi-quarter challenges remain — notably softer Material Handling markets, equipment margin compression (down ~100 bps), ongoing rental revenue declines (~10% YoY in Q4), and elevated net leverage (4.9x) — but the balance of commentary emphasized improving market indicators, strategic discipline, and a clear path to modest EBITDA improvement in 2026 (midpoint guidance of $180M) and longer-term targets for 2028. On balance, the positive operational and financial developments and an actionable plan to address the key weaknesses lead to a positive overall tone.Company Guidance
Record Quarter for Equipment Sales and Revenue Growth
Q4 revenue of $509,000,000, up $11,000,000 year over year; new and used equipment sales of ~$301,000,000 in Q4, up $13,800,000 versus Q4 2024 and up ~$90,000,000 sequentially from Q3 2025 — driven by improved capital investment conditions.
Strong Product Support Performance and Margin Expansion
Product support (parts & service) revenue remained stable year over year at $127,400,000 in Q4, while product support margins expanded by ~330 basis points to 46.1% in the quarter, reflecting pricing discipline and technician productivity.
Improved Cash Flow, Liquidity and Deleveraging
Generated ~$105,000,000 of free cash flow before rent-to-sell (and $103,100,000 after); exited the year with approximately $249,000,000 of total liquidity; net debt reduced by ~ $25,000,000 sequentially in Q4.
Adjusted EBITDA Stability and 2026 EBITDA Guidance Lift
Q4 adjusted EBITDA of $40,600,000 was essentially flat year over year, indicating earnings stability. Full-year 2025 adjusted EBITDA was $164,400,000 and management bridged to a 2026 midpoint adjusted EBITDA guidance of $180,000,000, reflecting expected modest recovery and operating leverage.
Inventory Normalization and Moderating Competitive Discounting
Management reports inventories are starting to normalize and competitive discounting is moderating, supporting expectations for modest equipment margin improvement and improved alignment between inventory and demand in 2026.
Master Distribution and Strategic Growth Platforms
Master Distribution delivered double-digit revenue growth in 2025; Ecoverse generated ~$67,000,000 in revenue in 2025. Management expects PeakLogix and Ecoverse to be scalable platforms with paths to $100,000,000+ businesses over time.
Rental Fleet Rationalization Driving Return on Capital
Company reduced total rental fleet gross book value by ~$38,000,000 during 2025, supporting improved returns on capital and cash generation used to reduce leverage; continued focus on fleet optimization and utilization targets.
Construction Segment Momentum and High-Spec Wins
Construction delivered $26,400,000 of adjusted EBITDA in Q4 (up modestly year over year). Notable commercial win: Michigan team sold the first two Volvo EC950F high-reach machines globally, underscoring strength in specialized, high-value equipment.
ALTG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ALTG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $6.50 | $6.90 | +6.15% |
Nov 06, 2025 | $5.89 | $5.26 | -10.70% |
Aug 07, 2025 | $7.17 | $7.74 | +7.95% |
May 07, 2025 | $4.50 | $4.43 | -1.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Alta Equipment Group (ALTG) report earnings?
Alta Equipment Group (ALTG) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Alta Equipment Group (ALTG) earnings time?
Alta Equipment Group (ALTG) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALTG EPS forecast?
ALTG EPS forecast for the fiscal quarter 2026 (Q1) is -0.57.