FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Altair Engineering's Free Cash Flow for the
three
months ended in Dec. 2023 was $19.3 Mil. Altair Engineering's Revenue for the
three
months ended in Dec. 2023 was $171.5 Mil. Therefore, Altair Engineering's FCF Margin % for the quarter that ended in Dec. 2023 was 11.28%.
As of today, Altair Engineering's current FCF Yield % is 1.68%.
The historical rank and industry rank for Altair Engineering's FCF Margin % or its related term are showing as below:
ALTR'
s FCF Margin % Range Over the Past 10 Years
Min: 1.91 Med: 5.23 Max: 19.11
Current: 19.11
During the past 9 years, the highest FCF Margin % of Altair Engineering was 19.11%. The lowest was 1.91%. And the median was 5.23%.
ALTR's FCF Margin % is ranked better than 88.43% of 2774
companies
in the Software industry
Industry Median: 1.315
vs ALTR: 19.11
Altair Engineering FCF Margin % Historical Data
The historical data trend for Altair Engineering's FCF Margin % 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.
For the Software - Infrastructure subindustry, Altair Engineering's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Altair Engineering FCF Margin % Distribution
For the Software industry and Technology sector, Altair Engineering's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Altair Engineering's FCF Margin % falls into.
Altair Engineering FCF Margin % Calculation
FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.
Altair Engineering's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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 FCF Margin % Related Terms
Thank you for viewing the detailed overview of Altair Engineering's FCF Margin % 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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