Elastic N.V [ESTC] vs Altair Engineering [ALTR] Detailed Stock Comparison

Elastic N.V.

NYSE
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Altair Engineering Inc.

NASDAQ
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TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Elastic N.V. wins in 7 metrics, Altair Engineering Inc. wins in 12 metrics, with 0 ties. Altair Engineering Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Elastic N.V. Altair Engineering Inc. Better
P/E Ratio (TTM) 168.80 699.06 Elastic N.V.
Price-to-Book Ratio 6.48 11.17 Elastic N.V.
Debt-to-Equity Ratio 74.80 30.23 Altair Engineering Inc.
PEG Ratio -1.17 78.77 Altair Engineering Inc.
EV/EBITDA -269.34 154.06 Altair Engineering Inc.
Profit Margin (TTM) -5.04% 2.13% Altair Engineering Inc.
Operating Margin (TTM) 0.23% 5.84% Altair Engineering Inc.
EBITDA Margin (TTM) 0.23% 5.84% Altair Engineering Inc.
Return on Equity -10.24% 1.81% Altair Engineering Inc.
Return on Assets (TTM) -0.72% 0.81% Altair Engineering Inc.
Free Cash Flow (TTM) $261.82M $140.00M Elastic N.V.
1-Year Return -23.98% 29.83% Altair Engineering Inc.
Price-to-Sales Ratio (TTM) 3.09 14.47 Elastic N.V.
Enterprise Value $4.44B $9.29B Altair Engineering Inc.
EV/Revenue Ratio 2.65 13.96 Elastic N.V.
Gross Profit Margin (TTM) 76.34% 82.67% Altair Engineering Inc.
Revenue per Share (TTM) $16 $8 Elastic N.V.
Earnings per Share (Diluted) $-0.79 $0.16 Altair Engineering Inc.
Beta (Stock Volatility) 1.03 1.45 Elastic N.V.
Short % of Float 5.16% N/A N/A

Elastic N.V. vs Altair Engineering Inc. Stock Performance Analysis

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ESTC
ALTR

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Elastic N.V.3.23%0.26%23.12%16.58%-15.49%-14.14%
Altair Engineering Inc.0.00%N/AN/AN/AN/AN/A

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Elastic N.V.-23.98%-9.10%-58.08%-13.79%-13.79%-13.79%
Altair Engineering Inc.29.83%75.31%376.16%477.44%477.44%477.44%

Performance & Financial Health Analysis: Elastic N.V. vs Altair Engineering Inc.

MetricESTCALTR
Market Information
Market Cap i$4.82B$9.63B
Market Cap CategoryMid capMid cap
10 Day Avg. Volume i1,870,411771,131
90 Day Avg. Volume i1,936,470772,784
Last Close$62.30$111.85
52 Week Range$42.05 - $96.07$75.71 - $113.12
% from 52W High-35.15%-1.12%
All-Time High$189.84 (Nov 15, 2021)$113.12 (Oct 28, 2024)
% from All-Time High-67.18%-1.12%
Growth Metrics
Quarterly Revenue Growth0.18%0.12%
Quarterly Earnings Growth0.18%-0.95%
Financial Health
Profit Margin (TTM) i-0.05%0.02%
Operating Margin (TTM) i0.00%0.06%
Return on Equity (TTM) i-0.10%0.02%
Debt to Equity (MRQ) i74.8030.23
Cash & Liquidity
Book Value per Share (MRQ)$7.60$10.02
Cash per Share (MRQ)$12.06$6.55
Operating Cash Flow (TTM) i$261.16M$154.08M
Levered Free Cash Flow (TTM) i$387.17M$132.50M
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: Elastic N.V. vs Altair Engineering Inc.

MetricESTC (Apr 24, 2026)ALTR (Apr 30, 2025)
Price Ratios
P/E Ratio (TTM) i168.80699.06
Forward P/E i17.4078.77
PEG Ratio i-1.1778.77
Price to Sales (TTM) i3.0914.47
Price to Book (MRQ) i6.4811.17
Market Capitalization
Market Capitalization i$4.82B$9.63B
Enterprise Value i$4.44B$9.29B
Enterprise Value Metrics
Enterprise to Revenue i2.6513.96
Enterprise to EBITDA i-269.34154.06
Risk & Other Metrics
Beta i1.031.45
Book Value per Share (MRQ) i$7.60$10.02

Financial Statements Comparison: Elastic N.V. vs Altair Engineering Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricESTC (2025)ALTR (2024)
Revenue/Sales i1.48B665.79M
Cost of Goods Sold i379.87M124.80M
COGS % of Revenue i25.6%18.7%
Gross Profit i1.10B540.99M
Gross Margin i74.4%81.3%
Research & Development i365.76M221.16M
Operating Income (EBIT) i-54.70M17.69M
Operating Margin i-3.7%2.7%
EBITDA i6.28M82.84M
EBITDA Margin i0.4%12.4%
Pre-Tax Income i-31.57M32.63M
Pre-Tax Income % of Revenue i-2.1%4.9%
Income Tax i76.55M18.46M
Income Tax % of Revenue i5.2%2.8%
Net Income (Profit) i-108.11M14.18M
Profit Margin i-7.3%2.1%

Balance Sheet & Liquidity Metrics

MetricESTC (2025)ALTR (2024)
Cash & Equivalents i727.54M561.90M
Total Current Assets i1.93B784.98M
Total Current Assets % of Revenue i130.2%117.9%
Total Current Liabilities i1.01B487.77M
Total Current Liabilities % of Revenue i68.0%73.3%
Long-Term Debt i586.09M24.14M
Long-Term Debt % of Revenue i39.5%3.6%
Total Shareholders Equity i927.23M857.19M
Retained Earnings i-1.10B-116.33M
Retained Earnings % of Revenue i-74.1%-17.5%
Property, Plant & Equipment i22.33M31.12M

Cash Flow Statement Comparison

MetricESTC (2025)ALTR (2024)
Operating Cash Flow i287.16M146.90M
Operating Cash Flow % of Revenue i19.4%22.1%
Capital Expenditures i-4.35MN/A
Free Cash Flow i261.82M140.00M
FCF Margin i17.7%21.0%
Debt Repayment iN/A-81.73M
Common Stock Repurchase iN/A0

Short Interest & Institutional Ownership Analysis

MetricESTCALTR
Shares Short i4.67MN/A
Short Ratio i2.04N/A
Short % of Float i5.16%N/A
Shares Outstanding i104.15M85.57M
Float Shares i82.85M47.95M
% Held by Insiders i12.40%2.00%
% Held by Institutions i92.71%92.53%
% Held by Public i-5.11%5.47%

Dividend Analysis & Yield Comparison: Elastic N.V. vs Altair Engineering Inc.

MetricESTCALTR
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A