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Altair Engineering (Altair Engineering) Market Cap

: $6,767.8 Mil (As of Today)
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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Altair Engineering's share price for the quarter that ended in Dec. 2023 was $84.15. Altair Engineering's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 82.1 Mil. Therefore, Altair Engineering's market cap for the quarter that ended in Dec. 2023 was $6,904.8 Mil.

Altair Engineering's quarterly market cap declined from Jun. 2023 ($6,152.6 Mil) to Sep. 2023 ($5,092.1 Mil) but then increased from Sep. 2023 ($5,092.1 Mil) to Dec. 2023 ($6,904.8 Mil).

Altair Engineering's annual market cap declined from Dec. 2021 ($6,129.1 Mil) to Dec. 2022 ($3,638.6 Mil) but then increased from Dec. 2022 ($3,638.6 Mil) to Dec. 2023 ($6,904.8 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Altair Engineering's Enterprise Value for Today is $6,575.2 Mil.


Altair Engineering Market Cap Historical Data

The historical data trend for Altair Engineering's Market Cap 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.

* Premium members only.

Altair Engineering Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,599.96 4,324.34 6,129.08 3,638.60 6,904.84

Altair Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,638.60 5,816.25 6,152.60 5,092.13 6,904.84

Competitive Comparison

For the Software - Infrastructure subindustry, Altair Engineering's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution

For the Software industry and Technology sector, Altair Engineering's Market Cap distribution charts can be found below:

* The bar in red indicates where Altair Engineering's Market Cap falls into.



Altair Engineering Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Altair Engineering's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$84.15*82.054
=$6,904.8

Altair Engineering's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$84.15*82.054
=$6,904.8

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Altair Engineering Market Cap Related Terms

Thank you for viewing the detailed overview of Altair Engineering's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Altair Engineering (Altair Engineering) Business Description

Traded in Other Exchanges
Address
1820 East Big Beaver Road, Troy, MI, USA, 48083
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.
Executives
James Ralph Scapa director, 10 percent owner, officer: Chief Executive Officer 1820 E BIG BEAVER RD, TROY MI 48083
James R. Scapa Declaration Of Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Jrs Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Gc Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
George J Christ 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Christ Revocable Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Ravi Kunju officer: Chief Product Strategy Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Raoul Maitra officer: Chief Legal Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Jeffrey Marraccini officer: See Remarks C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Amy Messano officer: Chief Marketing Officer 1820 E. BIG BEAVER ROAD, TROY MI 48083
Mahalingam Srikanth officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083
Gilma Saravia officer: Chief People Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Nelson Dias officer: Executive Vice President 1820 E BIG BEAVER RD, TROY MI 48083
Uwe Schramm officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083