Alta Cost Of Revenue from 2010 to 2025

ALTG Stock  USD 7.29  0.08  1.11%   
Alta Equipment's Cost Of Revenue is increasing over the last several years with slightly volatile swings. Cost Of Revenue is estimated to finish at about 1.7 B this year. During the period from 2010 to 2025 Alta Equipment Group Cost Of Revenue regressed destribution of quarterly values had coefficient of variationof  89.95 and r-value of  0.83. View All Fundamentals
 
Cost Of Revenue  
First Reported
2018-12-31
Previous Quarter
356.1 M
Current Value
324.2 M
Quarterly Volatility
118.6 M
 
Covid
Check Alta Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alta Equipment's main balance sheet or income statement drivers, such as Interest Expense of 68.8 M, Net Income Applicable To Common Shares of 6 M or Net Income of 10.7 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0127 or PTB Ratio of 2.53. Alta financial statements analysis is a perfect complement when working with Alta Equipment Valuation or Volatility modules.
  
Check out the analysis of Alta Equipment Correlation against competitors.

Latest Alta Equipment's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Alta Equipment Group over the last few years. Cost of Revenue is found on Alta Equipment Group income statement and represents the costs associated with goods and services Alta Equipment provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Alta Equipment's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alta Equipment's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Alta Cost Of Revenue Regression Statistics

Arithmetic Mean604,512,362
Geometric Mean336,861,387
Coefficient Of Variation89.95
Mean Deviation460,132,228
Median257,428,000
Standard Deviation543,783,589
Sample Variance295700.6T
Range1.7B
R-Value0.83
Mean Square Error100786T
R-Squared0.68
Significance0.000081
Slope94,316,499
Total Sum of Squares4435508.9T

Alta Cost Of Revenue History

20251.7 B
20241.6 B
20231.4 B
20221.2 B
2021898.4 M
2020659.1 M
20191.9 M

About Alta Equipment Financial Statements

Alta Equipment stakeholders use historical fundamental indicators, such as Alta Equipment's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Alta Equipment investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alta Equipment's assets and liabilities are reflected in the revenues and expenses on Alta Equipment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alta Equipment Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue1.6 B1.7 B

Currently Active Assets on Macroaxis

When determining whether Alta Equipment Group is a strong investment it is important to analyze Alta Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alta Equipment's future performance. For an informed investment choice regarding Alta Stock, refer to the following important reports:
Check out the analysis of Alta Equipment Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Equipment. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.454
Dividend Share
0.228
Earnings Share
(1.71)
Revenue Per Share
57.408
Quarterly Revenue Growth
(0.04)
The market value of Alta Equipment Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Equipment's value that differs from its market value or its book value, called intrinsic value, which is Alta Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Equipment's market value can be influenced by many factors that don't directly affect Alta Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.