Altair Engineering

Altair Engineering Tax Rate

Delisted

The Effective Tax Rate of Altair Engineering (ALTR) as of Oct 30, 2026 is 56.56 %. In the previous year, Effective Tax Rate was 170.73 % — a change of -66.87% (lower).

Tax Rate

56.56 %

YoY

-66.87%

Last updated:

Effective Tax Rate of Altair Engineering is 2024 56.56 % . Effective Tax Rate of Altair Engineering was 2023 170.73 % . It decreases by -66.87% lower compared to the previous year.

The Altair Engineering Tax Rate history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Rate
Date
Tax Rate
Jan 1, 2017
-173.01 USD
Jan 1, 2018
49.25 USD
Jan 1, 2019
322.61 USD
Jan 1, 2020
616.73 USD
Jan 1, 2021
-2,953.47 USD
Jan 1, 2022
-53.93 USD
Jan 1, 2023
170.73 USD
Jan 1, 2024
56.56 USD
The Altair Engineering Tax Rate history
YEARTax RateYoY
56.56 %-66.87%
170.73 %-416.57%
-53.93 %-98.17%
-2,953.47 %-578.89%
616.73 %+91.17%
322.61 %+555.06%
49.25 %-128.47%
-173.01 %-769.86%
25.83 %+270.97%
6.96 %—

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Altair Engineering Stock analysis

What does Altair Engineering do? 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.

Frequently Asked Questions about Altair Engineering stock

Effective Tax Rate of Altair Engineering is 56.56 % in 2024.

Effective Tax Rate of Altair Engineering changed from 170.73 % to 56.56 %, representing a -66.87% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Effective Tax Rate Altair Engineering since 2006 – with annual values, charts, and detailed analysis.

The effective tax rate measures the actual percentage of pretax income paid in taxes. It reflects the company's tax efficiency and planning.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Effective Tax Rate's Altair Engineering with sector peers and the industry average to assess whether it is attractive.

To evaluate Effective Tax Rate's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Effective Tax Rate.

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Margins — Altair Engineering

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