Alta Net Income From Continuing Ops from 2010 to 2026

ALTG Stock  USD 7.35  0.67  10.03%   
Alta Equipment's Net Loss is decreasing over the last several years with slightly volatile swings. Net Loss is estimated to finish at about -53.1 M this year. During the period from 2010 to 2026 Alta Equipment Group Net Loss regressed destribution of quarterly values had coefficient of variationof (202.05) and r-value of (0.64). View All Fundamentals
 
Net Loss  
First Reported
2018-12-31
Previous Quarter
-6.1 M
Current Value
-41.6 M
Quarterly Volatility
10.9 M
 
Covid
 
Interest Hikes
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 Depreciation And Amortization of 174.5 M, Interest Expense of 98.2 M or EBIT of 15.5 M, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.047 or PTB Ratio of 2.64. Alta financial statements analysis is a perfect complement when working with Alta Equipment Valuation or Volatility modules.
  
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Check out the analysis of Alta Equipment Correlation against competitors.
The Net Income From Continuing Ops trend for Alta Equipment Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Alta Equipment is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Alta Equipment's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Alta Equipment Group over the last few years. It is Alta Equipment's Net Loss 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.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Alta Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(11,557,893)
Geometric Mean68,123
Coefficient Of Variation(202.05)
Mean Deviation18,599,533
Median(800.00)
Standard Deviation23,352,504
Sample Variance545.3T
Range72.2M
R-Value(0.64)
Mean Square Error342T
R-Squared0.41
Significance0.01
Slope(2,968,766)
Total Sum of Squares8725.4T

Alta Net Income From Continuing Ops History

2026-53.1 M
2025-55.9 M
2024-62.1 M
202310.1 M
20229.3 M
2021-20.8 M
2020-24 M

About Alta Equipment Financial Statements

Alta Equipment stakeholders use historical fundamental indicators, such as Alta Equipment's Net Income From Continuing Ops, 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
Net Loss-55.9 M-53.1 M

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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Can Trading Companies & Distributors industry sustain growth momentum? Does Alta have expansion opportunities? 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. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Alta Equipment demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
0.454
Dividend Share
0.114
Earnings Share
(2.50)
Revenue Per Share
55.445
Quarterly Revenue Growth
(0.06)
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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.
Understanding that Alta Equipment's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alta Equipment represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Alta Equipment's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.