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Alta Equipment Group Inc   (NYSE: ALTG)
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ALTG's Operating Income Growth by Quarter and Year

Alta Equipment Group Inc 's Operating Income results by quarter and year




ALTG Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 12.20 9.50 8.40
III Quarter September 6.80 13.90 13.70 6.00
II Quarter June 10.30 16.20 13.00 3.20
I Quarter March -0.90 12.10 4.60 0.40
FY   16.20 54.40 40.80 18.00



ALTG Operating Income third quarter 2024 Y/Y Growth Comment
Alta Equipment Group Inc reported drop in Operating Income in the third quarter 2024 by -51.08% to $ 6.80 millions, from the same quarter in 2023.
The fall in the third quarter 2024 Alta Equipment Group Inc 's Operating Income compares unfavorably to the Company's average Operating Income jump of 68.29%.

Looking into third quarter 2024 results within Broadcasting Media & Cable TV industry 7 other companies have achieved higher Operating Income growth. While Alta Equipment Group Inc ' s Operating Income meltdown of -51.08% ranks overall at the positon no. 1014 in the third quarter 2024.

Explain Operating Income growth


ALTG Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - 28.42 % 13.1 % -
III Quarter September -51.08 % 1.46 % 128.33 % -
II Quarter June -36.42 % 24.62 % 306.25 % 255.56 %
I Quarter March - 163.04 % 1050 % -
FY   - 33.33 % 126.67 % -

Financial Statements
Alta Equipment Group Inc 's third quarter 2024 Operating Income $ 6.80 millions ALTG's Income Statement
Alta Equipment Group Inc 's third quarter 2023 Operating Income $ 13.90 millions Quarterly ALTG's Income Statement


ALTG Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - -12.23 % -30.66 % 40 %
III Quarter September -33.98 % -14.2 % 5.38 % 87.5 %
II Quarter June - 33.88 % 182.61 % 700 %
I Quarter March - 27.37 % -45.24 % -
FY (Year on Year)   - 33.33 % 126.67 % -




Operating Income third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #8
Services Sector #141
Overall #1014

Operating Income Y/Y Growth Statistics
High Average Low
336.26 % 68.29 % -45.07 %
(Sep 30 2022)   (Sep 30 2024)
Operating Income third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #8
Services Sector #141
Overall #1014
Operating Income Y/Y Growth Statistics
High Average Low
336.26 % 68.29 % -45.07 %
(Sep 30 2022)   (Sep 30 2024)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Alta Equipment Group Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
700 % 78.37 % -45.24 %
(Jun 30 2021)  


ALTG's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2024 Alta Equipment Group Inc reported fall in Operating Income sequentially by -33.98% to $ 6.80 millions, from $ 10.30 millions declared in the previous reporting period.

As we analyse present shortcoming at the III. Quarter, we suppose to take into consideration, that frequently III. Quarter Operating Income occur sluggish then in the second quarter,Most analysts mentioned.

Within Broadcasting Media & Cable TV industry 22 other companies have achieved higher Operating Income quarter on quarter growth. While Alta Equipment Group Inc 's Operating Income growth quarter on quarter, overall rank is 1760.


Operating Income Q/Q Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #23
Services Sector #224
Overall #1760
Operating Income Q/Q Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #23
Services Sector #224
Overall #1760
Operating Income Q/Q Growth Statistics
High Average Low
700 % 78.37 % -45.24 %
(Jun 30 2021)  


ALTG's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2024 Alta Equipment Group Inc realized fall in Operating Income from the previous quarter by -33.98% to $ 6.80 millions, from $ 10.30 millions declared a quarter before.

When you look into current slump in the III. Quarter 2024, you suppose to presume, that commonly III. Quarter Operating Income occur weaker then in the quarter before,Most analysts added.

Within Broadcasting Media & Cable TV industry 22 other companies have achieved higher Operating Income quarter on quarter growth. While Alta Equipment Group Inc 's Operating Income growth quarter on quarter, overall rank is 1760.


Alta Equipment Group Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Sep 30 2024)
12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
Cumulative Operating Income 12 Months Ending $ 28.40 $ 35.50 $ 41.40 $ 54.40 $ 51.70
Y / Y Operating Income Growth (TTM) -45.07 % -31.07 % -14.29 % 33.33 % 30.23 %
Year on Year Operating Income Growth Overall Ranking # 480 # 301 # 0 # 0 # 42
Seqeuential Operating Income Change (TTM) -20 % -14.25 % -23.9 % 5.22 % 0.39 %
Seq. Operating Income Growth (TTM) Overall Ranking # 1014 # 901 # 0 # 0 # 465


Cumulative Operating Income growth Comment
Alta Equipment Group Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -45.07% year on year, at Sep 30 2024 compare to the -31.07% decrease at Jun 30 2024. If the Alta Equipment Group Inc 's fiscal year would end at Sep 30 2024, annual Operating Income would be $28 millions.

In the Services sector 65 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 301 to 480.

Operating Income TTM Q/Q Growth Statistics
High Average Low
336.26 %
68.29 %
-45.07 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry # 8
Services Sector # 66
Overall # 480

Operating Income TTM Y/Y Growth Statistics
High Average Low
336.26 %
68.29 %
-45.07 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 8
Sector # 141
S&P 500 # 1014
Cumulative Operating Income growth Comment
Alta Equipment Group Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -45.07% year on year, at Sep 30 2024 compare to the -31.07% decrease at Jun 30 2024. If the Alta Equipment Group Inc 's fiscal year would end at Sep 30 2024, annual Operating Income would be $28 millions.

In the Services sector 65 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 301 to 480.

Operating Income TTM Q/Q Growth Statistics
High Average Low
336.26 %
68.29 %
-45.07 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry # 8
Services Sector # 66
Overall # 480

Operating Income TTM Y/Y Growth Statistics
High Average Low
336.26 %
68.29 %
-45.07 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 8
Sector # 141
S&P 500 # 1014




Other Operating Income Growth
Broadcasting Media & Cable TV Industry Operating Income Growth Trends and Statistics
Services Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
ALTG's Operating Income Growth Ratio versus Broadcasting Media & Cable TV Industry, Services Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for ALTG's Competitors
Operating Income Growth for Alta Equipment Group Inc 's Suppliers
Operating Income Growth for ALTG's Customers

You may also want to know
ALTG's Annual Growth Rates ALTG's Profitability Ratios ALTG's Asset Turnover Ratio ALTG's Dividend Growth
ALTG's Roe ALTG's Valuation Ratios ALTG's Financial Strength Ratios ALTG's Dividend Payout Ratio
ALTG's Roa ALTG's Inventory Turnover Ratio ALTG's Growth Rates ALTG's Dividend Comparisons



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