Here is how Alta Equipment (ALTG) and Caterpillar (CAT) have performed compared to their sector so far this year.
Alta Equipment Group NYSE: ALTG reported lower first-quarter revenue and adjusted EBITDA as management said harsh winter weather and a pull-forward of equipment purchases into the prior quarter weighed on activity, while the company maintained that underlying demand trends remain healthy.
Alta Equipment Group Inc. (ALTG) Q1 2026 Earnings Call Transcript
| Industrial Conglomerates Industry | Industrials Sector | Ryan Greenawalt CEO | XDUS Exchange | US02128L1061 ISIN |
| US Country | 2,750 Employees | 30 May 2025 Last Dividend | - Last Split | 25 Apr 2019 IPO Date |
Alta Equipment Group Inc. stands as a prominent entity in the United States, engaged in the operation of integrated equipment dealership platforms. The company's business activities are streamlined through three principal segments: Material Handling, Construction Equipment, and Master Distribution. Each segment addresses the specialized equipment needs of its wide-ranging customer base, encompassing various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Founded in 1984 and having its headquarters in Livonia, Michigan, Alta Equipment Group Inc. is distinguished by its comprehensive approach to meeting the equipment needs through its robust branch network across multiple states.
Alta Equipment provides sales, rental, parts, and service support for a variety of lift trucks and other material handling equipment that are essential in warehouses, manufacturing plants, and distribution centers. This includes equipment designed for the efficient transportation, lifting, and positioning of materials and goods.
The company deals in heavy and compact earthmoving equipment which plays a critical role in construction projects, land clearing, and infrastructure development. This category includes bulldozers, excavators, and backhoes which are foundational in preparing sites for construction.
Offered to the mining, quarrying, and waste recycling sectors, this equipment is vital for breaking down materials into different graded sizes for further processing or for direct use in construction and road building.
Alta Equipment distributes a range of environmental processing equipment that is crucial for waste management and recycling processes. This equipment helps in efficiently converting waste materials into usable forms or reducing their volume for easier disposal.
This segment includes equipment necessary for lifting materials and personnel to significant heights, which is essential in construction, maintenance, and installation projects.
The company supports road building and maintenance by providing paving and asphalt equipment, including pavers, compactors, and asphalt mills, ensuring high-quality infrastructure development.
In addition to the core products, Alta Equipment offers a wide range of other construction equipment and related products tailored to meet various project demands across different sectors.
Complementing its product offerings, Alta Equipment also provides extensive repair and maintenance services, ensuring that all equipment operates efficiently and reliably throughout its lifecycle.