Altair Engineering's EBIT per Share for the
three
months ended in Dec. 2023 was $0.38.
Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.23.
During the past 3 years, the average EBIT per Share Growth Rate was -73.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Altair Engineering's EBIT per Share or its related term are showing as below:
ALTR'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -73.4 Med: -24.45 Max: 3.5
Current: -73.4
During the past 9 years, the highest 3-Year average EBIT per Share Growth Rate of Altair Engineering was 3.50% per year. The lowest was -73.40% per year. And the median was -24.45% per year.
ALTR's 3-Year EBIT Growth Rate is ranked worse than 95.52% of 2055
companies
in the Software industry
Industry Median: 9.7
vs ALTR: -73.40
Altair Engineering's EBIT for the
three
months ended in Dec. 2023 was $31.4 Mil.
Altair Engineering EBIT per Share Historical Data
The historical data trend for Altair Engineering's EBIT per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.23
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Altair Engineering (NAS:ALTR) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Altair Engineering EBIT per Share Related Terms
Thank you for viewing the detailed overview of Altair Engineering's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Altair Engineering (Altair Engineering) Business Description
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
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