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Alta Equipment Group Inc   (ALTG)
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Alta Equipment Group Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Alta Equipment Group Inc in the third quarter 2023?
Alta Equipment Group Inc achieved a return on average equity (ROE) of 7.13 % in its third quarter 2023, this is above ALTG's average return on equity of -9.14%.
Alta Equipment Group Inc shareholder's equity over the 12 months ending in its third quarter 2023 are valued at $142 million

ROE has advanced compared to 5.57% in the second quarter 2023, due to net income growth.

Within the Broadcasting Media & Cable TV industry 17 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 1679, from total ROE ranking in the second quarter 2023 at 1873.

What is ROE?



Return On Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change 4.83 % 1.58 % 3.83 % 3.79 % -
Y / Y Net Income Change 45.1 % -60.66 % - - 2450 %
Net Income (TTM) in Millions 10 8 12 9 9
Return On Equity (TTM) 7.13 % 5.57 % 8.25 % 6.73 % 6.79 %
ALTG's Total Ranking # 1679 # 1873 # 1583 # 1486 # 1725
Equity (TTM) in Millions 148 141 138 140 141
Seq. Equity Change 4.31 % 2.39 % -1.22 % -0.64 % 1.08 %
Seq. Net Income Change 208.33 % 140 % - - -16.39 %

Return On Equity Company Ranking
Within: No.
Industry # 18
Sector # 194
Overall # 1679

Return On Equity Statistics
High Average Low
8.25 %
-9.14 %
-47.26 %
(Mar 31 2023)   (Mar 31 2020)





ALTG Annual Return On Equity (Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019

Total Equity in Millions 140 135 157 5 0
Y / Y Equity Change 3.79 % -14.15 % 3038 % - -
Net Income in Millions 9 -21 -24 0 0
Y / Y Net Income Change - - - - -
Return On Equity 6.65 % -15.44 % -15.3 % 0.18 % -





Annual Roe Comment
In 2022 ROE improved to 6.65 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Broadcasting Media & Cable TV Industry Roe Trends and Statistics
Services Sector Return On Equity Statistics
ALTG's' Return on Equity at Yahoo Finance
ALTG's Roe Ratio versus Broadcasting Media & Cable TV Industry, Services Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for ALTG's Competitors
Return On Equity for Alta Equipment Group Inc 's Suppliers
Roe for ALTG's Customers




Companies with similar Return On Equity at Sep 30 2023, within Services Sector ROE
Lincoln Educational Services Corp  18.90 %
Perdoceo Education Corp  18.84 %
Cracker Barrel Old Country Store Inc   18.35 %
Sinclair inc   17.98 %
Comcast corporation  17.84 %
Clean Harbors inc  17.66 %
Monarch Casino and Resort inc  17.45 %
Cra International inc   17.44 %
Noble Roman s Inc   17.42 %
Vail Resorts Inc   17.42 %
Su Group Holdings Limited  17.37 %
Caesars Entertainment inc   17.20 %
Las Vegas Sands Corp   17.10 %
Stride Inc   16.94 %
Dxp Enterprises Inc   16.53 %
Republic Services Inc   16.33 %
Sp Plus Corporation  16.14 %
Ryder System Inc   16.09 %
Wex Inc   15.94 %
Cbiz Inc   15.91 %
Air Lease Corporation  15.77 %
Table Trac Inc  15.73 %
Butler National Corp  15.46 %
Hilton Grand Vacations Inc   15.14 %
Carriage Services Inc   14.67 %
Cass Information Systems Inc   14.64 %
Hirequest Inc   14.51 %
Bab Inc  14.47 %
Huron Consulting Group Inc   14.04 %
Kore Group Holdings Inc   13.79 %


Date modified: 2023-11-10T00:42:34+00:00



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