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
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Dec 2024

Income Metrics

Revenue 192.6M
Gross Profit 159.3M 82.67%
Operating Income 11.0M 5.69%
Net Income 996.0K 0.52%
EPS (Diluted) $0.01

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 10.2M
Free Cash Flow 33.2M

Revenue & Profitability Trend

Altair Engineering Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i665.8M612.7M572.2M532.2M469.9M
Cost of Goods Sold i124.8M121.8M122.9M129.7M121.3M
Gross Profit i541.0M490.9M449.3M402.5M348.6M
Gross Margin % i81.3%80.1%78.5%75.6%74.2%
Operating Expenses
Research & Development i221.2M212.6M202.5M167.3M126.1M
Selling, General & Administrative i274.4M247.0M236.2M208.0M197.9M
Other Operating Expenses i-5.3M146.0K-10.0M-3.5M-3.4M
Total Operating Expenses i490.3M459.8M428.8M371.8M320.5M
Operating Income i17.7M243.0K-6.9M12.3M11.7M
Operating Margin % i2.7%0.0%-1.2%2.3%2.5%
Non-Operating Items
Interest Income i23.0M16.9M4.1M541.0K-
Interest Expense i5.8M6.1M4.4M12.1M11.6M
Other Non-Operating Income-2.2M1.6M-21.0M-1.1M1.9M
Pre-tax Income i32.6M12.6M-28.2M-288.0K2.0M
Income Tax i18.5M21.5M15.2M8.5M12.5M
Effective Tax Rate % i56.6%170.7%0.0%0.0%616.7%
Net Income i14.2M-8.9M-43.4M-8.8M-10.5M
Net Margin % i2.1%-1.5%-7.6%-1.7%-2.2%
Key Metrics
EBITDA i82.8M56.2M16.1M38.5M36.6M
EPS (Basic) i-$-0.11$-0.55$-0.12$-0.14
EPS (Diluted) i-$-0.11$-0.55$-0.12$-0.14
Basic Shares Outstanding i-80596000794720007617900073241000
Diluted Shares Outstanding i-80596000794720007617900073241000

Income Statement Trend

Altair Engineering Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i561.9M467.5M316.1M413.7M241.2M
Short-term Investments i-----
Accounts Receivable i168.6M185.3M164.0M133.7M111.2M
Inventory i-----
Other Current Assets28.1M26.1M29.1M27.5M21.1M
Total Current Assets i785.0M700.6M526.8M588.2M386.9M
Non-Current Assets
Property, Plant & Equipment i31.1M30.8M33.6M31.0M36.2M
Goodwill i997.9M999.8M1.0B839.4M605.1M
Intangible Assets i72.9M83.6M107.6M99.1M76.1M
Long-term Investments-----
Other Non-Current Assets53.1M50.6M50.1M36.8M32.5M
Total Non-Current Assets i660.7M662.9M677.9M575.1M443.0M
Total Assets i1.4B1.4B1.2B1.2B829.9M
Liabilities
Current Liabilities
Accounts Payable i7.3M9.0M10.4M6.6M8.6M
Short-term Debt i235.0M90.3M10.4M209.6M40.3M
Current Portion of Long-term Debt-----
Other Current Liabilities12.7M9.5M19.6M95.4M8.3M
Total Current Liabilities i487.8M324.1M232.7M474.0M200.8M
Non-Current Liabilities
Long-term Debt i24.1M248.6M329.7M19.6M212.6M
Deferred Tax Liabilities i25.2M29.1M27.6M15.4M8.0M
Other Non-Current Liabilities6.7M2.2M1.3M12.4M5.2M
Total Non-Current Liabilities i100.7M328.1M402.3M75.3M249.8M
Total Liabilities i588.5M652.2M635.0M549.3M450.5M
Equity
Common Stock i9.0K8.0K8.0K792.0K791.0K
Retained Earnings i-116.3M-130.5M-121.6M-102.1M-93.3M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i857.2M711.3M569.7M614.0M379.4M
Key Metrics
Total Debt i259.1M338.8M340.1M229.2M252.9M
Working Capital i297.2M376.5M294.1M114.2M186.2M

Balance Sheet Composition

Altair Engineering Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i14.2M-8.9M-43.4M-8.8M-10.5M
Depreciation & Amortization i42.2M39.1M35.5M25.6M23.8M
Stock-Based Compensation i67.7M85.6M84.8M44.5M21.4M
Working Capital Changes i21.1M-2.7M13.4M-16.1M-7.1M
Operating Cash Flow i146.9M118.4M97.7M56.5M29.4M
Investing Activities
Capital Expenditures i-----
Acquisitions i-27.1M-3.2M-134.5M-54.0M-41.0M
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-32.0M-5.7M-144.9M-54.6M-43.0M
Financing Activities
Share Repurchases i0-6.3M-19.7M00
Dividends Paid i-----
Debt Issuance i00224.3M030.0M
Debt Repayment i-81.7M0-192.4M-30.0M0
Financing Cash Flow i-81.7M-6.4M10.4M169.5M29.5M
Free Cash Flow i140.0M117.1M29.9M53.8M26.8M
Net Change in Cash i33.1M106.4M-36.7M171.4M15.9M

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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
altr9.6B699.0611.171.81%2.13%30.23
Salesforce 229.9B37.583.8010.31%16.08%19.81
ServiceNow 181.1B109.8916.5616.95%13.78%22.04
Descartes Systems 8.7B61.355.9810.66%21.67%0.55
Elastic N.V 7.9B168.808.48-12.98%-7.29%64.17
Dayforce 8.2B170.573.031.89%2.65%45.50

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