Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions. It serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
P/E ratio for Alta Equipment Group Inc. (ALTG)
P/E ratio as of 2023: 45.10
According to Alta Equipment Group Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.10. At the end of 2022 the company had a P/E ratio of 45.53.
P/E ratio history for Alta Equipment Group Inc. from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 45.10 |
| 2022 | 45.53 |
| 2021 | -22.32 |
| 2020 | -10.96 |
| 2019 | 8254.04 |
| 2018 | -156181.04 |
| 2017 | -222948.44 |
| 2016 | -194606.25 |