Altair Engineering Inc. | Mid-cap | Technology
$111.85
0.00%
| Altair Engineering Stock Comparison:
Altair Engineering vs SalesforceAltair Engineering vs ServiceNowAltair Engineering vs Descartes SystemsAltair Engineering vs Elastic N.VAltair Engineering vs DayforceAltair Engineering vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 665.8M
Gross Profit 541.0M 81.25%
Operating Income 17.7M 2.66%
Net Income 14.2M 2.13%

Balance Sheet Metrics

Total Assets 1.4B
Total Liabilities 588.5M
Shareholders Equity 857.2M
Debt to Equity 0.69

Cash Flow Metrics

Operating Cash Flow 146.9M
Free Cash Flow 140.0M

Revenue & Profitability Trend

Altair Engineering Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 665.8M 612.7M 572.2M 532.2M 469.9M
Cost of Goods Sold 124.8M 121.8M 122.9M 129.7M 121.3M
Gross Profit 541.0M 490.9M 449.3M 402.5M 348.6M
Operating Expenses 490.3M 459.8M 428.8M 371.8M 320.5M
Operating Income 17.7M 243.0K -6.9M 12.3M 11.7M
Pre-tax Income 32.6M 12.6M -28.2M -288.0K 2.0M
Income Tax 18.5M 21.5M 15.2M 8.5M 12.5M
Net Income 14.2M -8.9M -43.4M -8.8M -10.5M
EPS (Diluted) - -$0.11 -$0.55 -$0.12 -$0.14

Income Statement Trend

Altair Engineering Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 785.0M 700.6M 526.8M 588.2M 386.9M
Non-Current Assets 660.7M 662.9M 677.9M 575.1M 443.0M
Total Assets 1.4B 1.4B 1.2B 1.2B 829.9M
Liabilities
Current Liabilities 487.8M 324.1M 232.7M 474.0M 200.8M
Non-Current Liabilities 100.7M 328.1M 402.3M 75.3M 249.8M
Total Liabilities 588.5M 652.2M 635.0M 549.3M 450.5M
Equity
Total Shareholders Equity 857.2M 711.3M 569.7M 614.0M 379.4M

Balance Sheet Composition

Altair Engineering Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 14.2M -8.9M -43.4M -8.8M -10.5M
Operating Cash Flow 146.9M 118.4M 97.7M 56.5M 29.4M
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow -32.0M -5.7M -144.9M -54.6M -43.0M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -81.7M -6.4M 10.4M 169.5M 29.5M
Free Cash Flow 140.0M 117.1M 29.9M 53.8M 26.8M

Cash Flow Trend

Altair Engineering Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 699.06
Forward P/E 78.77
Price to Book 11.17
Price to Sales 14.47
PEG Ratio 78.77

Profitability Ratios

Profit Margin 2.13%
Operating Margin 5.84%
Return on Equity 1.81%
Return on Assets 0.81%

Financial Health

Current Ratio 1.61
Debt to Equity 30.23
Beta 1.45

Per Share Data

EPS (TTM) $0.16
Book Value per Share $10.02
Revenue per Share $7.92

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
altr 9.6B 699.06 11.17 1.81% 2.13% 30.23
Salesforce 251.8B 41.22 4.16 10.31% 16.08% 19.81
ServiceNow 203.1B 132.85 20.01 16.86% 13.41% 23.66
Descartes Systems 8.7B 61.07 5.95 10.66% 21.67% 0.55
Elastic N.V 8.7B 168.80 9.33 -12.98% -7.29% 64.17
Dayforce 9.0B 353.56 3.49 1.03% 1.43% 47.50

Financial data is updated regularly. All figures are in the company's reporting currency.