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Overview
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Altair Engineering stock

ALTR
US0213691035
A2DYPC

Price

106.65
Today +/-
+0.48
Today %
+0.47 %

Altair Engineering stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Altair Engineering stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Altair Engineering stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Altair Engineering stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Altair Engineering's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Altair Engineering Stock Price History

DateAltair Engineering Price
12/13/2024106.65 undefined
12/12/2024106.15 undefined
12/11/2024105.80 undefined
12/10/2024106.16 undefined
12/9/2024106.83 undefined
12/6/2024106.17 undefined
12/5/2024105.74 undefined
12/4/2024105.81 undefined
12/3/2024105.30 undefined
12/2/2024105.83 undefined
11/29/2024105.61 undefined
11/27/2024105.42 undefined
11/26/2024105.40 undefined
11/25/2024105.87 undefined
11/22/2024105.20 undefined
11/21/2024104.35 undefined
11/20/2024104.37 undefined
11/19/2024104.25 undefined
11/18/2024103.87 undefined
11/15/2024103.75 undefined

Altair Engineering Revenue, EBIT, Net Income

  • 3 years

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  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Altair Engineering, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Altair Engineering from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Altair Engineering’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Altair Engineering. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Altair Engineering’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Altair Engineering’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Altair Engineering’s growth potential.

Altair Engineering Revenue, EBIT and net profit per share

DateAltair Engineering RevenueAltair Engineering EBITAltair Engineering Net Income
2027e865.98 M undefined0 undefined152.74 M undefined
2026e794.97 M undefined188.13 M undefined144.49 M undefined
2025e726.72 M undefined162.24 M undefined123.56 M undefined
2024e667.87 M undefined139.54 M undefined113.16 M undefined
2023612.7 M undefined243,000 undefined-8.93 M undefined
2022572.2 M undefined-6.9 M undefined-43.4 M undefined
2021532.2 M undefined17.4 M undefined-8.8 M undefined
2020469.9 M undefined11.7 M undefined-10.5 M undefined
2019458.9 M undefined8.2 M undefined-7.5 M undefined
2018396.4 M undefined24.6 M undefined15.5 M undefined
2017333.3 M undefined-33.3 M undefined-101.9 M undefined
2016313.2 M undefined15.4 M undefined10.2 M undefined
2015294.1 M undefined14.9 M undefined10.9 M undefined

Altair Engineering Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (M)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M)NET INCOME (M)NET INCOME GROWTH (%)SHARES (M)DOCUMENTS
2015201620172018201920202021202220232024e2025e2026e2027e
294313333396458469532572612667726794865
-6.466.3918.9215.662.4013.437.526.998.998.859.378.94
65.9967.0967.8770.7171.1874.2075.7578.5080.0773.4667.4961.7156.65
1942102262803263484034494900000
1010-10115-7-10-8-43-8113123144152
---1,110.00-114.85-146.6742.86-20.00437.50-81.40-1,512.508.8517.075.56
60.460.452.574.971.573.276.279.580.60000
-------------
Details

Keystats

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Revenue and Growth

The Altair Engineering Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Altair Engineering is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (M)TANGIBLE ASSETS (M)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (M)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (k)ADDITIONAL PAID-IN CAPITAL (M)RETAINED EARNINGS (M)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (M)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (M)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (M)DEBT (M)TOTAL CAPITAL (B)
201520162017201820192020202120222023
                 
13.816.939.235.3223.1241.2413.7316.1467.46
66.870.586.696.8105117.9139.9176.6195.66
6.19.16.14.47.26.79.311.216.65
2.11.22000000
7.17.41017.517.121.125.222.820.85
95.9105.1143.9154352.4386.9588.1526.7700.62
25.429.731.430.264.469.96971.170.56
000000000
000000000
9.411.224.569.867.176.199.1107.683.55
29.236.662.7210.5233.7264.5370.2449458.13
6268.225.422.625.532.536.850.150.63
126145.7144333.1390.7443575.1677.8662.87
0.220.250.290.490.740.831.161.21.36
                 
000000008
41.939.7232.2379.8446.6474.7724.2721.3864.14
-77.3-67.1-166.5-74.9-82.4-93.3-102.1-121.6-130.5
-6.7-7.3-2.7-8.9-7.2-2-8.2-30-22.31
000000000
-42.1-34.763296357379.4613.9569.7711.33
6.254.98.48.68.66.610.49
2933.837.643.451.658.571.775.378.15
101.9108.8154.775.192.2103.2195.7146.9155.51
000000000
13.810.40.20.30.430.4199.90.181.46
150.9158197.4127.2152.8200.7473.9232.7324.11
69.474.80.231.4178.2188.70.1305.6225.93
1.11.41.65.36.3815.416.812.87
42.551.225.727.248.753.159.879.989.25
113127.427.563.9233.2249.875.3402.3328.05
263.9285.4224.9191.1386450.5549.2635652.16
0.220.250.290.490.740.831.161.21.36
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of Altair Engineering provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Altair Engineering's financial health and stability.

Assets

Altair Engineering's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Altair Engineering must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Altair Engineering after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Altair Engineering's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
201520162017201820192020202120222023
1010-9913-7-10-8-43-8
8911142123253539
-9-65200-10-1-4-2
-11273-3-10-446
2109522354101181178
222000024
55567129811
1021163631326139127
-5-9-9-9-10-8-8-9-10
-8-16-24-206-35-49-62-154-15
-2-6-15-196-25-40-54-144-5
000000000
-31-853019230-30310
-1-212013711202-1629
-4-129167191311752237
00-40-10377
000000000
-3322-318718172-97150
5.6111.956.4526.8421.2624.6553.4329.92117.11
000000000

Altair Engineering stock margins

The Altair Engineering margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Altair Engineering. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Altair Engineering.

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Gross margin
EBIT margin
Profit margin
Details

Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Altair Engineering's sales revenue. A higher gross margin percentage indicates that the Altair Engineering retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Altair Engineering's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Altair Engineering's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Altair Engineering's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Altair Engineering. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Altair Engineering's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Altair Engineering Margin History

Altair Engineering Gross marginAltair Engineering Profit marginAltair Engineering EBIT marginAltair Engineering Profit margin
2027e80.12 %0 %17.64 %
2026e80.12 %23.67 %18.18 %
2025e80.12 %22.32 %17 %
2024e80.12 %20.89 %16.94 %
202380.12 %0.04 %-1.46 %
202278.52 %-1.21 %-7.58 %
202175.82 %3.27 %-1.65 %
202074.19 %2.49 %-2.23 %
201971.1 %1.79 %-1.63 %
201870.74 %6.21 %3.91 %
201768.02 %-9.99 %-30.57 %
201667.24 %4.92 %3.26 %
201566.27 %5.07 %3.71 %

Altair Engineering Stock Sales Revenue, EBIT, Earnings per Share

The Altair Engineering earnings per share therefore indicates how much revenue Altair Engineering has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Altair Engineering earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Altair Engineering's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Altair Engineering’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Altair Engineering's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Altair Engineering Revenue, EBIT and net profit per share

DateAltair Engineering Sales per ShareAltair Engineering EBIT per shareAltair Engineering Earnings per Share
2027e10.18 undefined0 undefined1.8 undefined
2026e9.34 undefined0 undefined1.7 undefined
2025e8.54 undefined0 undefined1.45 undefined
2024e7.85 undefined0 undefined1.33 undefined
20237.6 undefined0 undefined-0.11 undefined
20227.2 undefined-0.09 undefined-0.55 undefined
20216.98 undefined0.23 undefined-0.12 undefined
20206.42 undefined0.16 undefined-0.14 undefined
20196.42 undefined0.11 undefined-0.1 undefined
20185.29 undefined0.33 undefined0.21 undefined
20176.35 undefined-0.63 undefined-1.94 undefined
20165.19 undefined0.25 undefined0.17 undefined
20154.87 undefined0.25 undefined0.18 undefined

Altair Engineering business model

Altair Engineering Inc. is a global technology company specializing in simulation, high-performance computing, and data intelligence. It was founded in 1985 by James R. Scapa and has since become a leading provider of computer-aided engineering software. Altair's portfolio includes software solutions for industries such as automotive, aerospace, construction, manufacturing, and energy. The company also offers professional services like training and consulting. Altair has various business units, including Altair HyperWorks, Altair PBS Works, Altair SimSolid, and Altair Inspire. Altair HyperWorks is a comprehensive CAE toolset, Altair PBS Works is a suite of software tools for high-performance computing, Altair SimSolid is a software solution for structural analysis, and Altair Inspire is a software solution for component weight reduction. Altair Engineering Inc. has received numerous awards for its innovation and quality assurance, and it remains focused on developing high-quality CAE solutions and providing excellent customer support. Altair Engineering is one of the most popular companies on Eulerpool.com.

Altair Engineering SWOT Analysis

Strengths

Altair Engineering Inc has a strong brand reputation in the engineering and software solutions industry, backed by decades of experience and innovative products.

The company offers a wide range of high-quality engineering software and services, providing comprehensive solutions for various industries.

Altair Engineering Inc has a strong global presence, with a diverse customer base and operations in multiple countries, allowing them to tap into different markets and opportunities.

Weaknesses

Altair Engineering Inc may face challenges in keeping up with rapid technological advancements and the need for continuous research and development to stay competitive.

Being a global company, Altair Engineering Inc may also face difficulties in managing and coordinating its operations across different regions while ensuring consistent quality and customer support.

Opportunities

The increasing demand for advanced engineering solutions presents significant growth opportunities for Altair Engineering Inc. The company can capitalize on this by expanding its product offerings and targeting emerging markets.

Altair Engineering Inc can also explore partnerships and collaborations with other technology companies to leverage their expertise and jointly develop innovative solutions.

Threats

Competition in the engineering and software solutions industry is intense, with both large corporations and start-ups vying for market share. Altair Engineering Inc needs to continuously monitor and adapt to changing market dynamics and customer preferences to avoid losing its competitive edge.

Economic downturns or fluctuations in the global economy can significantly impact the demand for engineering services, posing a threat to Altair Engineering Inc's growth and profitability.

Altair Engineering Revenue by Segment

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  • Max

Details

Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Altair Engineering Revenue by Segment

Segmente2022202120202019
Total Software and Related Services537.17 M USD485.57 M USD418.17 M USD401.28 M USD
Total Software--391.71 M USD366.7 M USD
License--259.97 M USD244.32 M USD
Maintenance and other services--131.75 M USD122.38 M USD
Client Engineering Services28.88 M USD-44.32 M USD48.99 M USD
Software related service--26.45 M USD34.58 M USD
Client engineering services-39.28 M USD--
Other product and service-7.33 M USD7.44 M USD8.65 M USD
Other6.17 M USD---

  • 3 years

  • Max

Details

Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Altair Engineering Revenue by Segment

Segmente2022202120202019
Maintenance135.75 M USD122.73 M USD117.16 M USD-
Term Licenses and Other320.18 M USD---
Term licenses and other-283.23 M USD--
Term licenses--224.47 M USD-
Perpetual licenses-41.58 M USD35.49 M USD-
Software related services-31.82 M USD26.45 M USD-
Client engineering services--44.32 M USD-
Perpetual Licenses43.34 M USD---
Software Related Services30.66 M USD---
Professional software services-6.21 M USD14.59 M USD-
Professional Software Services7.24 M USD---

  • Max

Details

Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Altair Engineering Revenue by Segment

Segmente2022202120202019
Term licenses and other, hardware revenue-9 M USD--
Term Licenses and Other, Hardware Revenue7 M USD---
Other----

  • 3 years

  • Max

Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Altair Engineering Revenue by Segment

Segmente2022202120202019
Term licenses---201.88 M USD
Maintenance---103.7 M USD
Perpetual licenses---42.44 M USD
Professional services and other---18.68 M USD

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Altair Engineering Revenue by Segment

Segmente2022202120202019
Perpetual licenses----
Professional services and other----
Term licenses----
Maintenance----

  • 3 years

  • Max

Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Altair Engineering Revenue by Segment

Segmente2022202120202019
Software537.17 M USD485.57 M USD418.17 M USD401.28 M USD

  • 3 years

  • Max

Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Altair Engineering Revenue by Segment

Segmente2022202120202019
Client engineering services-39.28 M USD44.32 M USD48.99 M USD
All Other6.17 M USD7.33 M USD7.44 M USD8.65 M USD
CES28.88 M USD---

Altair Engineering Revenue by Region

  • 3 years

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Details

Revenue by Segment

ⓘ

Overview of Revenue by Region

The chart shows revenues by region and provides a clear comparison of regional revenue distribution. Each region is clearly marked to illustrate the differences.

Interpretation and Usage

The diagram helps to identify the regions with the highest revenue and to make targeted decisions for regional expansion or investments. It supports the analysis of market potentials and strategic priorities.

Investment Strategy

An investment strategy focused on regions concentrates on the deliberate capital allocation in different markets to optimally use regional growth opportunities. It takes into account market conditions and regional risk factors.

Altair Engineering Revenue by Segment

DateAmericasAsia PacificEurope Middle East And AfricaFranceGermanyJapanOther American CountriesOther Asia Pacific CountriesOther Europe, Middle East and Africa CountriesUnited States
2022288.06 M USD143.46 M USD140.71 M USD19.44 M USD51.5 M USD40.34 M USD13.43 M USD103.12 M USD69.77 M USD274.64 M USD
2021271.59 M USD136.4 M USD124.19 M USD19.69 M USD52.23 M USD42.32 M USD12.25 M USD94.08 M USD52.26 M USD259.34 M USD
2020245.74 M USD110.93 M USD113.25 M USD15.29 M USD48.56 M USD41.11 M USD12.13 M USD69.83 M USD49.4 M USD233.61 M USD
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Altair Engineering Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Altair Engineering historical P/E ratio, EBIT multiple, and P/S ratio

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Altair Engineering shares outstanding

The number of shares was Altair Engineering in 2023 — This indicates how many shares 80.596 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue Altair Engineering earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Altair Engineering's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Altair Engineering’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Altair Engineering's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Altair Engineering dividend history and estimates

In 2023, Altair Engineering paid a dividend amounting to 0 USD. Dividend means that Altair Engineering distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Altair Engineering provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Altair Engineering’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Altair Engineering's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Altair Engineering Dividend History

DateAltair Engineering Dividend
2027e7.18 undefined
2026e6.79 undefined
2025e5.81 undefined
2024e5.32 undefined
20150.72 undefined

Altair Engineering dividend payout ratio

In 2023, Altair Engineering had a payout ratio of 400%. The payout ratio indicates the percentage of the company's profits that Altair Engineering distributes as dividends.

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Payout ratio
Details

Payout ratio

ⓘ

What is Yearly Payout Ratio?

The yearly payout ratio for Altair Engineering represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Altair Engineering could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Altair Engineering's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Altair Engineering Payout Ratio History

DateAltair Engineering Payout ratio
2027e400 %
2026e400 %
2025e400 %
2024e400 %
2023400 %
2022400 %
2021400 %
2020400 %
2019400 %
2018400 %
2017400 %
2016400 %
2015400 %
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Unfortunately, there are currently no price targets and forecasts available for Altair Engineering.

Altair Engineering latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
9/30/20240.16 0.24  (46.34 %)2024 Q3
6/30/20240.16 0.16  (2.5 %)2024 Q2
3/31/20240.35 0.4  (14.22 %)2024 Q1
12/31/20230.42 0.46  (10.31 %)2023 Q4
9/30/20230.04 0.14  (252.64 %)2023 Q3
6/30/20230.14 0.15  (7.07 %)2023 Q2
3/31/20230.29 0.36  (23.08 %)2023 Q1
12/31/20220.19 0.31  (60.79 %)2022 Q4
9/30/20220.01 0.05  (488.24 %)2022 Q3
6/30/20220.09 0.13  (39.34 %)2022 Q2
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Eulerpool ESG Scorecard© for the Altair Engineering stock

Eulerpool World ESG Rating (EESG©)

51/ 100

🌱 Environment

43

👫 Social

81

🏛️ Governance

28

Environment

Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees21
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Altair Engineering shareholders

%
Name
Stocks
Change
Date
14.60978 % Matrix Capital Management Company, LP12,430,00006/30/2024
7.65511 % BlackRock Institutional Trust Company, N.A.6,512,9712,632,3636/30/2024
7.39123 % The Vanguard Group, Inc.6,288,455356,6026/30/2024
2.96492 % Conestoga Capital Advisors, LLC2,522,55133,9859/30/2024
2.80464 % Pictet Asset Management Ltd.2,386,187-236,8026/30/2024
2.77304 % Pictet Asset Management (Europe) SA2,359,304-215,6196/30/2024
2.33706 % State Street Global Advisors (US)1,988,368733,6726/30/2024
1.62848 % Baron Capital Management, Inc.1,385,50706/30/2024
1.61118 % Geode Capital Management, L.L.C.1,370,792137,7316/30/2024
1.59876 % Impax Asset Management Ltd.1,360,221-46,4339/30/2024
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5
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10

Altair Engineering Executives and Management Board

Mr. James Scapa

(66)
Altair Engineering Chairman of the Board, Chief Executive Officer (since 1985)
Compensation 5.14 M

Mr. Matthew Brown

(42)
Altair Engineering Chief Financial Officer
Compensation 2.56 M

Mr. Mahalingam Srikanth

(52)
Altair Engineering Chief Technology officer
Compensation 1.31 M

Mr. Ravi Kunju

(54)
Altair Engineering Chief Product and Strategy Officer
Compensation 1.3 M

Ms. Gilma Saravia

(48)
Altair Engineering Chief People Officer
Compensation 1.29 M
1
2
3
4

Altair Engineering Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
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SupplierCustomer0,780,730,610,870,880,47
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SupplierCustomer0,550,860,760,890,220,46
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SupplierCustomer0,460,160,850,900,530,67
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SupplierCustomer0,390,860,850,420,540,90
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SupplierCustomer0,380,290,270,700,240,73
Synopsys Stock
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SupplierCustomer0,370,600,790,920,580,83
1
2

Most common questions regarding Altair Engineering

What values and corporate philosophy does Altair Engineering represent?

Altair Engineering Inc represents a strong commitment to innovation, collaboration, and excellence. With a customer-centric approach, Altair aims to empower businesses through advanced technology solutions. The company values include integrity, customer satisfaction, and a passion for solving complex engineering challenges. Altair's corporate philosophy focuses on fostering a culture of continuous learning, embracing diversity, and promoting sustainable practices. Through their cutting-edge software products and consulting services, Altair enables organizations to optimize performance, improve efficiency, and drive transformative change. Altair Engineering Inc stands as a global leader in the simulation-driven engineering industry, delivering value and driving growth for its clients worldwide.

In which countries and regions is Altair Engineering primarily present?

Altair Engineering Inc is primarily present in various countries and regions around the world. With a global presence, the company operates in North America, including the United States and Canada, as well as Europe, Asia Pacific, and the Middle East. Altair Engineering Inc's extensive reach allows it to serve clients and customers in diverse industries and sectors across these regions. By maintaining a strong international presence, the company can effectively cater to the needs of its global clientele and capitalize on emerging market opportunities.

What significant milestones has the company Altair Engineering achieved?

Altair Engineering Inc has achieved several significant milestones throughout its history. One of the notable milestones is the company's IPO in 2017, which provided a platform for its continued growth and expansion. Altair Engineering Inc also launched its HyperWorks 2019 software suite, offering advanced simulation and optimization solutions to various industries. The company has received numerous accolades and awards, including recognition as one of the "World's Most Innovative Companies" by Forbes. Altair Engineering Inc continues to revolutionize the engineering and software development sectors with its cutting-edge technologies and solutions.

What is the history and background of the company Altair Engineering?

Altair Engineering Inc. is a reputable company in the field of engineering software and services. Founded in 1985, Altair has a rich history of innovation and technological advancements. The company has continually evolved to meet the changing needs of various industries, including automotive, aerospace, and manufacturing. Altair's software solutions have played a significant role in optimizing product design, improving efficiency, and reducing development time. With a global presence and a strong commitment to research and development, Altair Engineering Inc. has established itself as a leader in the engineering industry, delivering cutting-edge solutions that empower organizations to drive productivity and achieve success.

Who are the main competitors of Altair Engineering in the market?

The main competitors of Altair Engineering Inc in the market include Siemens AG, Ansys Inc, and Dassault Systèmes.

In which industries is Altair Engineering primarily active?

Altair Engineering Inc is primarily active in the industries of automotive, aerospace, consumer goods, energy, and healthcare.

What is the business model of Altair Engineering?

The business model of Altair Engineering Inc. revolves around providing software and cloud solutions for product design and development, high-performance computing, and data intelligence. Altair offers a comprehensive suite of solutions and services that enable businesses to enhance product innovation and streamline their engineering processes. By leveraging advanced simulation and optimization technologies, Altair helps companies across various industries achieve faster time-to-market, improve product performance, and reduce development costs. Altair's focus on innovation, collaboration, and efficiency enables them to empower customer success and drive their own growth in the engineering software market.

What is the P/E ratio of Altair Engineering 2024?

The Altair Engineering P/E ratio is 75.96.

What is the P/S ratio of Altair Engineering 2024?

The Altair Engineering P/S ratio is 12.87.

What is the Quality Investing of Altair Engineering?

The Quality Investing for Altair Engineering is 3/10.

What is the revenue of Altair Engineering 2024?

The expected Altair Engineering revenue is 667.87 M USD.

How high is the profit of Altair Engineering 2024?

The expected Altair Engineering profit is 113.16 M USD.

What is the business model of Altair Engineering

The business model of Altair Engineering Inc. is based on providing innovative software and technology solutions for companies in various industries. Altair has three core business areas: simulation, data analysis and optimization, and cloud computing and high-performance computing (HPC). Altair offers solutions for engineers and designers in areas such as aerodynamics, structural mechanics, and electromagnetics. The company also provides products and services for process optimization, customer analysis, and prediction modeling. Altair's cloud computing and HPC sector is the fastest-growing segment of the company. Altair has partnerships with companies such as Microsoft, Amazon, HP, and Intel. The company's business model focuses on continuous innovation and investment in research and development. Altair aims to help companies optimize their business processes and reduce costs, ultimately gaining a competitive advantage.

What is the Altair Engineering dividend?

Altair Engineering pays a dividend of 0 USD distributed over payouts per year.

How often does Altair Engineering pay dividends?

The dividend cannot currently be calculated for Altair Engineering or the company does not pay out a dividend.

What is the Altair Engineering ISIN?

The ISIN of Altair Engineering is US0213691035.

What is the Altair Engineering WKN?

The WKN of Altair Engineering is A2DYPC.

What is the Altair Engineering ticker?

The ticker of Altair Engineering is ALTR.

How much dividend does Altair Engineering pay?

Over the past 12 months, Altair Engineering paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 0.68 %. For the coming 12 months, Altair Engineering is expected to pay a dividend of 5.81 USD.

What is the dividend yield of Altair Engineering?

The current dividend yield of Altair Engineering is 0.68 %.

When does Altair Engineering pay dividends?

Altair Engineering pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Altair Engineering?

Altair Engineering paid dividends every year for the past 4 years.

What is the dividend of Altair Engineering?

For the upcoming 12 months, dividends amounting to 5.81 USD are expected. This corresponds to a dividend yield of 5.45 %.

In which sector is Altair Engineering located?

Altair Engineering is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Altair Engineering kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Altair Engineering from 12/1/2015 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 11/6/2015.

When did Altair Engineering pay the last dividend?

The last dividend was paid out on 12/1/2015.

What was the dividend of Altair Engineering in the year 2023?

In the year 2023, Altair Engineering distributed 0 USD as dividends.

In which currency does Altair Engineering pay out the dividend?

The dividends of Altair Engineering are distributed in USD.

All fundamentals about Altair Engineering

Our stock analysis for Altair Engineering Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Altair Engineering Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.