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Alta Equipment Group ALTG
$ 4.7 0.64%

Quarterly report 2025-Q3
added 11-06-2025

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Alta Equipment Group Gross Profit 2011-2025 | ALTG

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
  • Raw materials and supplies
  • Wages of production personnel
  • Depreciation of equipment
  • Transportation and warehousing costs (if directly related to production)
Importance for business:
  • Assessing core business profitability
    If gross profit is declining, it may indicate rising production costs or falling sales.
  • Financial planning
    Gross profit is the basis for calculating other key metrics, such as operating and net profit.
  • Benchmarking against competitors
    Gross profit analysis helps compare the efficiency of different companies within the same industry.
  • Insights into pricing effectiveness
    If gross profit is low, the company may be pricing too low or failing to control costs effectively.
Reasons for a decline in gross profit:
  • Increase in raw material and supply costs
  • Rising production expenses
  • Price reductions due to competition
  • Decrease in sales volume
  • Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Alta Equipment Group

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
494 M 507 M 420 M 314 M 214 M - - - - - - - - -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
507 M 214 M 390 M

Quarterly Gross Profit Alta Equipment Group

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
118 M 122 M 115 M - 125 M 132 M 121 M - 126 M 127 M 121 M - 112 M 106 M 91.4 M - 81.1 M 76.9 M 67.3 M - 56.7 M 46.3 M 47.1 M - 44.2 M 38.6 M 27.5 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
132 M 27.5 M 90.5 M

Gross Profit of other stocks in the Rental leasing industry

Issuer Gross Profit Price % 24h Market Cap Country
Fly Leasing Limited Fly Leasing Limited
FLY
158 M - - $ 519 M irlandaIrlanda
The Aaron's Company The Aaron's Company
AAN
1.12 B - 1.0 % $ 311 M usaUSA
Air Lease Corporation Air Lease Corporation
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Avis Budget Group Avis Budget Group
CAR
7.28 B $ 131.82 -2.28 % $ 4.68 B usaUSA
AeroCentury Corp. AeroCentury Corp.
ACY
221 K - -8.24 % $ 140 M usaUSA
Fortress Transportation and Infrastructure Investors LLC Fortress Transportation and Infrastructure Investors LLC
FTAI
15.6 M $ 173.26 0.6 % $ 17.6 B usaUSA
CAI International, Inc. CAI International, Inc.
CAI
184 M - 0.02 % $ 972 M usaUSA
GATX Corporation GATX Corporation
GATX
867 M $ 174.16 0.45 % $ 6.23 B usaUSA
Herc Holdings Herc Holdings
HRI
542 M $ 156.38 0.24 % $ 4.44 B usaUSA
McGrath RentCorp McGrath RentCorp
MGRC
435 M $ 107.65 -0.57 % $ 2.64 B usaUSA
H&E Equipment Services H&E Equipment Services
HEES
675 M - - $ 3.43 B usaUSA
PROG Holdings PROG Holdings
PRG
3.81 B $ 30.51 1.13 % $ 1.3 B usaUSA
Ryder System Ryder System
R
1.37 B $ 197.77 0.39 % $ 8.52 B usaUSA
TD Holdings TD Holdings
GLG
-189 K - -12.57 % $ 3.18 M chinaChina
HyreCar HyreCar
HYRE
9.77 M - -3.46 % $ 13.9 M usaUSA
AMERCO AMERCO
UHAL
3.79 B $ 51.3 0.18 % $ 1.01 B usaUSA
United Rentals United Rentals
URI
1.64 B $ 824.77 0.85 % $ 54.7 B usaUSA
Rent-A-Center Rent-A-Center
RCII
2.08 B - 2.43 % $ 1.49 B usaUSA
Willis Lease Finance Corporation Willis Lease Finance Corporation
WLFC
272 M $ 136.4 -2.95 % $ 828 M usaUSA
Textainer Group Holdings Limited Textainer Group Holdings Limited
TGH
497 M - 0.01 % $ 2.32 B bermudaBermuda
Triton International Limited Triton International Limited
TRTN
16 M - - $ 4.91 B usaUSA
WillScot Mobile Mini Holdings Corp. WillScot Mobile Mini Holdings Corp.
WSC
1.3 B $ 19.53 0.31 % $ 3.67 B usaUSA