ALTG
Alta Equipment Group Inc.
ALTG offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CAT
Caterpillar Inc.
CAT has the edge over ALTG overall, supported by lower modeled downside and stronger fundamentals.
ALTG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Under pressure |
ALTG's cash flow is currently healthy, and its revenue and profitability are stable, but its balance sheet is under pressure.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
ALTG PE Valuation
ALTG has no meaningful PE right now: it lost money over the past year.
CAT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $380 | -37% |
| Fair | 18x | $461 | -24% |
| Forward | 20x | $605 | — |
| Current | 24x | $605 | — |
| Expensive | 33x | $840 | +39% |
Historical ranges are pointers, not guarantees.
CAT's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 20x next year's earnings, in its fair range.
ALTG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect ALTG's losses to grow, with revenue holding steady. However, they disagree widely on these estimates.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
CAT has the edge over ALTG on the outlook, with more favorable earnings and revenue expectations.
ALTG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.62 | +$0.89 |
| Q2 2026 | -$2.56 | -$0.50 |
| Q1 2026 | -$2.52 | -$0.29 |
| Q4 2025 | -$2.55 | -$0.59 |
| Q3 2025 | -$2.51 | -$0.81 |
| Q2 2025 | -$2.06 | -$1.42 |
| Q1 2025 | -$2.23 | -$2.02 |
| Q4 2024 | -$1.96 | -1189% |
ALTG lost $1.62 per share over the past year, a smaller loss than the year before.
CAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $29.73 | +17% |
| Q3 2026 | $25.48 | +31% |
| Q2 2026 | $23.23 | +18% |
| Q1 2026 | $20.08 | -2% |
| Q4 2025 | $18.81 | -15% |
| Q3 2025 | $19.46 | -9.7% |
| Q2 2025 | $19.64 | -10% |
| Q1 2025 | $20.50 | -7.4% |
| Q4 2024 | $22.05 | +9.6% |
CAT has the edge over ALTG on earnings quality, reporting a profit while its opponent remains loss making.
ALTG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $417.4M | -1.2% |
| Q2 2026 | $475.5M | -1.2% |
| Q1 2026 | $410.5M | -3% |
| Q4 2025 | $509.1M | +2.2% |
| Q3 2025 | $422.6M | -5.8% |
| Q2 2025 | $481.2M | -1.4% |
| Q1 2025 | $423M | -4.2% |
| Q4 2024 | $498.1M | -4.5% |
ALTG's revenue fell from its 2023 peak and has held roughly level since: $417M last quarter, down 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.7% | +0.6 points |
| Q2 2026 | 2.5% | -0.1 points |
| Q1 2026 | -1.4% | -1.6 points |
| Q4 2025 | 1% | +0.5 points |
| Q3 2025 | 1.1% | -0.4 points |
| Q2 2025 | 2.6% | +0.5 points |
| Q1 2025 | 0.2% | +0.4 points |
| Q4 2024 | 0.5% | -1.9 points |
ALTG's operating margin was 1.7% last quarter, up 0.6 points from the same quarter a year ago.
CAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.7B | +17% |
| Q2 2026 | $20.5B | +24% |
| Q1 2026 | $17.4B | +22% |
| Q4 2025 | $19.1B | +18% |
| Q3 2025 | $17.6B | +9.5% |
| Q2 2025 | $16.6B | -0.7% |
| Q1 2025 | $14.2B | -9.8% |
| Q4 2024 | $16.2B | -5% |
CAT has the edge over ALTG on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +3.1 points |
| Q2 2026 | 21% | +3.6 points |
| Q1 2026 | 18% | -0.4 points |
| Q4 2025 | 14% | -4.1 points |
| Q3 2025 | 17% | -2.2 points |
| Q2 2025 | 17% | -3.6 points |
| Q1 2025 | 18% | -4.2 points |
| Q4 2024 | 18% | -0.3 points |
CAT has the edge over ALTG on profitability, with a higher operating margin.
ALTG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $31.2M | +$32.9M |
| Q2 2026 | $2.3M | -81% |
| Q1 2026 | $17.8M | +$37M |
| Q4 2025 | $32.8M | +6.1% |
| Q3 2025 | -$1.7M | -104% |
| Q2 2025 | $11.9M | +$23.8M |
| Q1 2025 | -$19.2M | -$2.9M |
| Q4 2024 | $30.9M | -61% |
ALTG generated $84M in free cash flow over the past year, about four times what it generated the year before.
CAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +19% |
| Q2 2026 | $3.8B | +47% |
| Q1 2026 | $1.1B | +97% |
| Q4 2025 | $2.7B | +0.1% |
| Q3 2025 | $3.1B | -1.5% |
| Q2 2025 | $2.6B | -4.2% |
| Q1 2025 | $579M | -63% |
| Q4 2024 | $2.7B | -22% |
CAT generated $11.3B in free cash flow over the past year, up 26% from the year before.
ALTG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +141K shares |
| 1 year | +1.8% | +595K shares |
| 3 years | +0.6% | +197K shares |
| 5 years | +1.7% | +563K shares |
| Available history | +75% | +14.2M shares |
ALTG has 33M diluted shares, up 1.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | $1M |
| Q3 2025 | — |
| Q4 2024 | $3.8M |
| Q3 2024 | — |
| Q4 2020 | — |
| Q3 2020 | $3M |
| Q2 2020 | — |
| Q1 2020 | $2.9M |
CAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -1.6M shares |
| 1 year | -2.1% | -9.9M shares |
| 3 years | -10% | -51.7M shares |
| 5 years | -16% | -86.7M shares |
| Available history | -19% | -107M shares |
CAT has the edge over ALTG on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2B |
| Q2 2026 | $1.5B |
| Q1 2026 | $5B |
| Q4 2025 | $340M |
| Q3 2025 | $362M |
| Q2 2025 | $828M |
| Q1 2025 | $3.7B |
| Q4 2024 | $640M |
CAT spent $8.1B buying back its own shares over the past year, up 47% from the year before.
ALTG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.2x | Elevated |
| Q2 2026 | 3.2x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 3.0x | Elevated |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Moderate |
| Q4 2024 | 2.9x | Moderate |
ALTG's net debt is about 3.2 years of its operating earnings (EBITDA), about the same as a year ago.
CAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | 1.6x | Healthy |
CAT has the edge over ALTG on leverage, with a lower net debt burden relative to earnings.
ALTG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.6 | Neutral |
| Stochastic | 36.9 | Neutral |
ALTG's weekly RSI is 45 (neutral) and its Stochastic is 37 (neutral).
CAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.7 | Neutral |
| Stochastic | 6.7 | Oversold |
CAT's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
ALTG PE vs Industrials Sector
| Metric | ALTG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
ALTG has no meaningful PE right now: it lost money over the past year.
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.1% below |
| PE % | 69 | 58 | 11 pts above |
CAT is trading at 24x earnings, in line with the Industrials sector's median of 24x.
ALTG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.27 | 9.7% below |
| 20 week MA | $6.38 | 11% below |
| 50 week MA | $6.34 | 11% below |
| 100 week MA | $6.30 | 10% below |
| 200 week MA | $8.98 | 37% below |
ALTG is in a downtrend: it's below all five of its weekly moving averages, and 37% below its 200-week average.
CAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $709.0 | 15% below |
| 20 week MA | $797.0 | 24% below |
| 50 week MA | $771.3 | 22% below |
| 100 week MA | $586.7 | 3.2% above |
| 200 week MA | $443.1 | 37% above |
CAT has the edge over ALTG on trend strength, trading above more of its moving averages.
ALTG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $9.16 | -9.1% |
| 2021 | $9.16 | $14.8 | +61% |
| 2022 | $14.8 | $12.5 | -16% |
| 2023 | $12.5 | $12.4 | -0.8% |
| 2024 | $12.4 | $6.74 | -46% |
| 2025 | $6.74 | $4.72 | -30% |
| 2026 YTD | $4.72 | $5.66 | +20% |
ALTG has the edge over CAT on returns for 2026, with the stronger performance.
CAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $148.3 | $179.6 | +21% |
| 2021 | $179.6 | $206.2 | +15% |
| 2022 | $206.2 | $239.9 | +16% |
| 2023 | $239.9 | $295.7 | +23% |
| 2024 | $295.7 | $364.9 | +23% |
| 2025 | $364.9 | $583.0 | +60% |
| 2026 YTD | $583.0 | $605.3 | +3.8% |
CAT has finished every year since 2020 higher, and it's up 3.8% so far in 2026.