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Altair Engineering (Altair Engineering) Net Margin %

: 11.47% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Altair Engineering's Net Income for the three months ended in Dec. 2023 was $19.7 Mil. Altair Engineering's Revenue for the three months ended in Dec. 2023 was $171.5 Mil. Therefore, Altair Engineering's net margin for the quarter that ended in Dec. 2023 was 11.47%.

The historical rank and industry rank for Altair Engineering's Net Margin % or its related term are showing as below:

ALTR' s Net Margin % Range Over the Past 10 Years
Min: -30.58   Med: -1.64   Max: 3.92
Current: -1.46


ALTR's Net Margin % is ranked worse than
57.57% of 2762 companies
in the Software industry
Industry Median: 1.72 vs ALTR: -1.46

Altair Engineering Net Margin % Historical Data

The historical data trend for Altair Engineering's Net 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.

* Premium members only.

Altair Engineering Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.64 -2.23 -1.65 -7.59 -1.46

Altair Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 7.52 -1.18 -15.78 -3.26 11.47

Competitive Comparison

For the Software - Infrastructure subindustry, Altair Engineering's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % Distribution

For the Software industry and Technology sector, Altair Engineering's Net Margin % distribution charts can be found below:

* The bar in red indicates where Altair Engineering's Net Margin % falls into.



Altair Engineering Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-8.926/612.701
=-1.46 %

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

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=19.675/171.503
=11.47 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Altair Engineering Net Margin % Related Terms

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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