The historical rank and industry rank for Alta Equipment Group's Net Margin % or its related term are showing as below:
ALTG'
s Net Margin % Range Over the Past 10 Years
Min: -2.75 Med: -0.63 Max: 0.59
Current: 0.47
ALTG's Net Margin % is ranked worse than 72.53% of 1063
companies
in the Business Services industry
Industry Median: 3.91
vs ALTG: 0.47
Alta Equipment Group Net Margin % Historical Data
The historical data trend for Alta Equipment Group's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Alta Equipment Group's Net Margin %
For the Rental & Leasing Services subindustry, Alta Equipment Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alta Equipment Group's Net Margin % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's Net Margin % falls into.
Alta Equipment Group Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Alta Equipment Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Alta Equipment Group (NYSE:ALTG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Alta Equipment Group Net Margin % Related Terms
Thank you for viewing the detailed overview of Alta Equipment Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alta Equipment Group (Alta Equipment Group) Business Description
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling and Construction Equipment. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, New York, Florida and throughout the New England States.
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