ALTA EQUIPMENT GROUP INC. (ALTG) Return on equity 2020–2024
ALTA EQUIPMENT GROUP INC. (ALTG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-80.0%FY2024 · since FY2020: -15.3% → -80.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -80.0% | -86.0 pp |
| FY2023 | 5.9% | -0.7 pp |
| FY2022 | 6.7% | +22.1 pp |
| FY2021 | -15.4% | -0.1 pp |
| FY2020 | -15.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice