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Side-by-side financial comparison of ALTA EQUIPMENT GROUP INC. (ALTG) and AutoZone (AZO), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

AutoZone is the larger business by last-quarter revenue ($4.3B vs $509.1M, roughly 8.4× ALTA EQUIPMENT GROUP INC.). AutoZone runs the higher net margin — -2.3% vs 11.0%, a 13.3% gap on every dollar of revenue. On growth, AutoZone posted the faster year-over-year revenue change (8.1% vs 2.2%). AutoZone produced more free cash flow last quarter ($35.6M vs $32.8M). Over the past eight quarters, ALTA EQUIPMENT GROUP INC.'s revenue compounded faster (7.4% CAGR vs 0.5%).

The Alta Car and Engineering Company was a British sports and racing car manufacturer, commonly known simply as Alta. Their cars contested five FIA World Championship races between 1950 and 1952, as well as Grand Prix events prior to this. They also supplied engines to a small number of other constructors, most notably the Connaught and HWM teams.

AutoZone, Inc., doing business as AutoZone, is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has 7,140 stores across the United States, Mexico, Puerto Rico, Brazil, and the US Virgin Islands. The company is based in Memphis, Tennessee.

ALTG vs AZO — Head-to-Head

Bigger by revenue
AZO
AZO
8.4× larger
AZO
$4.3B
$509.1M
ALTG
Growing faster (revenue YoY)
AZO
AZO
+5.9% gap
AZO
8.1%
2.2%
ALTG
Higher net margin
AZO
AZO
13.3% more per $
AZO
11.0%
-2.3%
ALTG
More free cash flow
AZO
AZO
$2.8M more FCF
AZO
$35.6M
$32.8M
ALTG
Faster 2-yr revenue CAGR
ALTG
ALTG
Annualised
ALTG
7.4%
0.5%
AZO

Income Statement — Q4 2025 vs Q2 2026

Metric
ALTG
ALTG
AZO
AZO
Revenue
$509.1M
$4.3B
Net Profit
$-11.7M
$468.9M
Gross Margin
23.5%
52.5%
Operating Margin
1.0%
16.3%
Net Margin
-2.3%
11.0%
Revenue YoY
2.2%
8.1%
Net Profit YoY
-10.4%
-3.9%
EPS (diluted)
$-0.38
$27.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
ALTG
ALTG
AZO
AZO
Q1 26
$4.3B
Q4 25
$509.1M
$4.6B
Q3 25
$422.6M
$6.2B
Q2 25
$481.2M
$4.5B
Q1 25
$423.0M
$4.0B
Q4 24
$498.1M
$4.3B
Q3 24
$448.8M
$6.2B
Q2 24
$488.1M
$4.2B
Net Profit
ALTG
ALTG
AZO
AZO
Q1 26
$468.9M
Q4 25
$-11.7M
$530.8M
Q3 25
$-41.6M
$837.0M
Q2 25
$-6.1M
$608.4M
Q1 25
$-20.9M
$487.9M
Q4 24
$-10.6M
$564.9M
Q3 24
$-27.7M
$902.2M
Q2 24
$-11.9M
$651.7M
Gross Margin
ALTG
ALTG
AZO
AZO
Q1 26
52.5%
Q4 25
23.5%
51.0%
Q3 25
27.9%
51.5%
Q2 25
25.4%
52.7%
Q1 25
27.2%
53.9%
Q4 24
23.4%
53.0%
Q3 24
27.8%
52.5%
Q2 24
27.0%
53.5%
Operating Margin
ALTG
ALTG
AZO
AZO
Q1 26
16.3%
Q4 25
1.0%
16.9%
Q3 25
1.1%
19.2%
Q2 25
2.6%
19.4%
Q1 25
0.2%
17.9%
Q4 24
0.5%
19.7%
Q3 24
1.5%
20.9%
Q2 24
2.1%
21.3%
Net Margin
ALTG
ALTG
AZO
AZO
Q1 26
11.0%
Q4 25
-2.3%
11.5%
Q3 25
-9.8%
13.4%
Q2 25
-1.3%
13.6%
Q1 25
-4.9%
12.3%
Q4 24
-2.1%
13.2%
Q3 24
-6.2%
14.5%
Q2 24
-2.4%
15.4%
EPS (diluted)
ALTG
ALTG
AZO
AZO
Q1 26
$27.63
Q4 25
$-0.38
$31.04
Q3 25
$-1.31
$48.70
Q2 25
$-0.21
$35.36
Q1 25
$-0.65
$28.29
Q4 24
$-0.34
$32.52
Q3 24
$-0.86
$51.42
Q2 24
$-0.38
$36.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
ALTG
ALTG
AZO
AZO
Cash + ST InvestmentsLiquidity on hand
$18.6M
$285.5M
Total DebtLower is stronger
$724.0M
Stockholders' EquityBook value
$-8.8M
$-2.9B
Total Assets
$1.3B
$20.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
ALTG
ALTG
AZO
AZO
Q1 26
$285.5M
Q4 25
$18.6M
$287.6M
Q3 25
$14.1M
$271.8M
Q2 25
$13.2M
$268.6M
Q1 25
$11.1M
$300.9M
Q4 24
$13.4M
$304.0M
Q3 24
$14.6M
$298.2M
Q2 24
$4.5M
$275.4M
Total Debt
ALTG
ALTG
AZO
AZO
Q1 26
Q4 25
$724.0M
Q3 25
$745.6M
Q2 25
$732.6M
Q1 25
$735.0M
Q4 24
$695.3M
Q3 24
$712.6M
Q2 24
$727.3M
Stockholders' Equity
ALTG
ALTG
AZO
AZO
Q1 26
$-2.9B
Q4 25
$-8.8M
$-3.2B
Q3 25
$2.9M
$-3.4B
Q2 25
$43.9M
$-4.0B
Q1 25
$56.0M
$-4.5B
Q4 24
$77.6M
$-4.7B
Q3 24
$95.7M
$-4.7B
Q2 24
$125.2M
$-4.8B
Total Assets
ALTG
ALTG
AZO
AZO
Q1 26
$20.4B
Q4 25
$1.3B
$19.7B
Q3 25
$1.4B
$19.4B
Q2 25
$1.4B
$18.6B
Q1 25
$1.5B
$18.1B
Q4 24
$1.5B
$17.5B
Q3 24
$1.5B
$17.2B
Q2 24
$1.6B
$17.1B
Debt / Equity
ALTG
ALTG
AZO
AZO
Q1 26
Q4 25
Q3 25
257.10×
Q2 25
16.69×
Q1 25
13.13×
Q4 24
8.96×
Q3 24
7.45×
Q2 24
5.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
ALTG
ALTG
AZO
AZO
Operating Cash FlowLast quarter
$33.9M
$373.4M
Free Cash FlowOCF − Capex
$32.8M
$35.6M
FCF MarginFCF / Revenue
6.4%
0.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
0.2%
7.9%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.80×
TTM Free Cash FlowTrailing 4 quarters
$23.8M
$1.6B

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
ALTG
ALTG
AZO
AZO
Q1 26
$373.4M
Q4 25
$33.9M
$944.2M
Q3 25
$2.5M
$952.8M
Q2 25
$14.1M
$769.0M
Q1 25
$-17.5M
$583.7M
Q4 24
$34.9M
$811.8M
Q3 24
$46.3M
$1.1B
Q2 24
$-10.7M
$669.5M
Free Cash Flow
ALTG
ALTG
AZO
AZO
Q1 26
$35.6M
Q4 25
$32.8M
$630.0M
Q3 25
$-1.7M
$511.1M
Q2 25
$11.9M
$423.1M
Q1 25
$-19.2M
$291.0M
Q4 24
$30.9M
$564.8M
Q3 24
$42.1M
$723.5M
Q2 24
$-13.5M
$434.4M
FCF Margin
ALTG
ALTG
AZO
AZO
Q1 26
0.8%
Q4 25
6.4%
13.6%
Q3 25
-0.4%
8.2%
Q2 25
2.5%
9.5%
Q1 25
-4.5%
7.4%
Q4 24
6.2%
13.2%
Q3 24
9.4%
11.7%
Q2 24
-2.8%
10.3%
Capex Intensity
ALTG
ALTG
AZO
AZO
Q1 26
7.9%
Q4 25
0.2%
6.8%
Q3 25
1.0%
7.1%
Q2 25
0.5%
7.7%
Q1 25
0.4%
7.4%
Q4 24
0.8%
5.8%
Q3 24
0.9%
5.6%
Q2 24
0.6%
5.6%
Cash Conversion
ALTG
ALTG
AZO
AZO
Q1 26
0.80×
Q4 25
1.78×
Q3 25
1.14×
Q2 25
1.26×
Q1 25
1.20×
Q4 24
1.44×
Q3 24
1.19×
Q2 24
1.03×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

ALTG
ALTG

New And Used Equipment Sales$300.9M59%
Parts Sales$68.1M13%
Services$59.3M12%
Rental Equipment Sales$38.0M7%
Design And Build Projects Automated Equipment Installation And System Integration Services$18.5M4%
Design And Build Solutions Automated Equipment Installation And System Integration And Software Services$14.6M3%
Master Distribution Segment$14.0M3%

AZO
AZO

Segment breakdown not available.

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