Altair Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Altair Engineering
ALTR Stock  USD 111.50  0.07  0.06%   
Altair Engineering financial statements provide useful quarterly and yearly information to potential Altair Engineering investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Altair Engineering financial statements helps investors assess Altair Engineering's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Altair Engineering's valuation are summarized below:
Gross Profit
541 M
Profit Margin
0.0213
Market Capitalization
9.6 B
Enterprise Value Revenue
13.9224
Revenue
665.8 M
There are over one hundred nineteen available fundamental signals for Altair Engineering, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to validate Altair Engineering's prevailing fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 02/27/2025, Market Cap is likely to grow to about 5.6 B. Also, Enterprise Value is likely to grow to about 5.4 B

Altair Engineering Total Revenue

511.37 Million

Check Altair Engineering financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altair Engineering's main balance sheet or income statement drivers, such as Tax Provision of 18.5 M, Interest Income of 24.1 M or Depreciation And Amortization of 25.8 M, as well as many indicators such as Price To Sales Ratio of 14.47, Dividend Yield of 0.0 or PTB Ratio of 11.24. Altair financial statements analysis is a perfect complement when working with Altair Engineering Valuation or Volatility modules.
  
Check out the analysis of Altair Engineering Correlation against competitors.
To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.

Altair Engineering Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets879.3 M1.4 B623.9 M
Slightly volatile
Short and Long Term Debt Total201.2 M259.1 M152.9 M
Slightly volatile
Other Current Liabilities96.3 M77.6 M72 M
Slightly volatile
Total Current Liabilities275.7 M487.8 M221 M
Slightly volatile
Other Liabilities50.1 M83.5 M49.3 M
Slightly volatile
Property Plant And Equipment Net58.7 M72.1 M45 M
Slightly volatile
Current Deferred Revenue113.3 M141.2 M101.1 M
Slightly volatile
Accounts Payable8.3 M7.3 M7.1 M
Slightly volatile
Cash590 M561.9 M186.7 M
Slightly volatile
Non Current Assets Total457.1 M660.7 M327.6 M
Slightly volatile
Non Currrent Assets Other22.7 M44.4 M15.8 M
Slightly volatile
Other Assets35.7 M45.1 M49.9 M
Slightly volatile
Long Term Debt147.7 M259.8 M133.4 M
Slightly volatile
Cash And Short Term Investments590 M561.9 M186.7 M
Slightly volatile
Net Receivables140.7 M195 M111.5 M
Slightly volatile
Good Will283.5 M462.5 M187.9 M
Slightly volatile
Common Stock Total Equity6.8 K7.2 K496.3 K
Very volatile
Common Stock Shares Outstanding76.2 M84.1 M63.8 M
Slightly volatile
Long Term Debt Total369 M351.4 M157.9 M
Slightly volatile
Liabilities And Stockholders Equity879.3 M1.4 B623.9 M
Slightly volatile
Non Current Liabilities Total189.6 M100.7 M154.9 M
Slightly volatile
Capital Surpluse420.8 M829.5 M327.6 M
Slightly volatile
Other Current Assets22.9 M28.1 M16.7 M
Slightly volatile
Other Stockholder Equity542.8 M1 B355.4 M
Slightly volatile
Total Liabilities465.3 M588.5 M375.9 M
Slightly volatile
Property Plant And Equipment Gross70.8 M127.8 M52.6 M
Slightly volatile
Short and Long Term Debt238.5 M227.1 M59.6 M
Slightly volatile
Total Current Assets422.3 M785 M296.3 M
Slightly volatile
Short Term Debt246.7 M235 M59.2 M
Slightly volatile
Intangible Assets68.3 M72.9 M46 M
Slightly volatile
Common Stock8.6 K9 K545.5 K
Pretty Stable
Property Plant Equipment44.5 M43.1 M36 M
Slightly volatile
Non Current Liabilities Other6.4 M6.7 M16.2 M
Pretty Stable
Net Invested Capital730.2 M1.1 B405.3 M
Slightly volatile
Preferred Stock Total Equity1.9 M2.1 M2.3 M
Slightly volatile
Warrants1.3 M705.6 K1.8 M
Slightly volatile
Capital Stock8.6 K9 K1.6 M
Slightly volatile
Deferred Long Term Asset Charges3.9 M6.7 M3.2 M
Slightly volatile
Capital Lease Obligations35.1 M32 M30.6 M
Slightly volatile

Altair Engineering Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision18.5 M18.5 M11.9 M
Slightly volatile
Interest Income24.1 M23 M6.4 M
Slightly volatile
Depreciation And Amortization25.8 M42.2 M18.9 M
Slightly volatile
Interest Expense5.9 M5.8 M4.5 M
Slightly volatile
Selling General Administrative87.8 M90.2 M72.2 M
Slightly volatile
Selling And Marketing Expenses127.1 M184.3 M99.9 M
Slightly volatile
Total Revenue511.4 M665.8 M414.4 M
Slightly volatile
Gross Profit381.9 M541 M301.7 M
Slightly volatile
Other Operating Expenses504.2 M648.1 M405.2 M
Slightly volatile
Research Development147.3 M221.2 M112.5 M
Slightly volatile
Cost Of Revenue129.5 M124.8 M112.7 M
Slightly volatile
Total Operating Expenses374.7 M523.3 M292.6 M
Slightly volatile
Income Tax Expense18.5 M18.5 M11.9 M
Slightly volatile
Minority Interest8 K9 K9.8 K
Slightly volatile
Reconciled Depreciation29.5 M42.2 M20.4 M
Slightly volatile

Altair Engineering Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation40.6 M67.7 M25.8 M
Slightly volatile
Free Cash Flow147 M140 M38.3 M
Slightly volatile
Begin Period Cash Flow491 M467.6 M147.9 M
Slightly volatile
Other Cashflows From Financing Activities103.7 M74.7 M152.8 M
Slightly volatile
Depreciation25.6 M42.2 M18.8 M
Slightly volatile
Dividends Paid31.7 M33.3 M74.8 M
Slightly volatile
Capital Expenditures10.4 M14.1 M8.2 M
Slightly volatile
Total Cash From Operating Activities161.8 M154.1 M46.7 M
Slightly volatile
End Period Cash Flow590.1 M562 M187 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio14.4713.77996.3743
Slightly volatile
Days Sales Outstanding78.3110794.3449
Slightly volatile
Free Cash Flow Yield0.00810.01530.0087
Slightly volatile
Operating Cash Flow Per Share1.921.83250.6277
Slightly volatile
Stock Based Compensation To Revenue0.05650.10170.0483
Slightly volatile
Capex To Depreciation0.550.33410.544
Slightly volatile
EV To Sales13.9913.32526.3776
Slightly volatile
Free Cash Flow Per Share1.751.6650.4983
Slightly volatile
Inventory Turnover65.963.5455.566
Slightly volatile
Days Of Inventory On Hand0.00.04.3586
Slightly volatile
Payables Turnover18.017.058916.338
Very volatile
Sales General And Administrative To Revenue0.20.13540.1817
Slightly volatile
Average Inventory0.550.57825 K
Slightly volatile
Research And Ddevelopement To Revenue0.220.33220.2542
Slightly volatile
Capex To Revenue0.02310.02120.0201
Very volatile
Cash Per Share7.026.68252.408
Slightly volatile
POCF Ratio61.8759.542378.7355
Pretty Stable
Capex To Operating Cash Flow0.08680.09140.3378
Slightly volatile
PFCF Ratio12865.5332132
Slightly volatile
Days Payables Outstanding18.521.396422.7559
Very volatile
EV To Operating Cash Flow85.2557.577382.2998
Pretty Stable
EV To Free Cash Flow60.263.3705132
Slightly volatile
Intangibles To Total Assets0.30.37040.3042
Slightly volatile
Current Ratio1.181.60931.1936
Slightly volatile
Receivables Turnover4.143.41393.8709
Slightly volatile
Graham Number3.796.21833.8308
Slightly volatile
Capex Per Share0.150.16750.1281
Slightly volatile
Revenue Per Share5.37.9186.3061
Slightly volatile
Interest Debt Per Share2.043.15112.252
Slightly volatile
Debt To Assets0.250.17920.2749
Slightly volatile
Short Term Coverage Ratios0.640.678512.1506
Very volatile
Operating Cycle80.8410798.8617
Very volatile
Days Of Payables Outstanding18.521.396422.7559
Very volatile
Price To Operating Cash Flows Ratio61.8759.542378.7355
Pretty Stable
Price To Free Cash Flows Ratio12865.5332132
Slightly volatile
Long Term Debt To Capitalization0.260.281.2091
Slightly volatile
Total Debt To Capitalization0.220.23211.0071
Slightly volatile
Quick Ratio1.181.60931.1854
Slightly volatile
Dividend Paid And Capex Coverage Ratio11.4910.93884.616
Slightly volatile
Cash Ratio0.661.1520.5797
Slightly volatile
Cash Conversion Cycle62.3485.51976.1058
Very volatile
Operating Cash Flow Sales Ratio0.240.23140.0895
Slightly volatile
Days Of Inventory Outstanding0.00.04.3586
Slightly volatile
Days Of Sales Outstanding78.3110794.3449
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.570.90860.6407
Slightly volatile
Cash Flow Coverage Ratios0.560.59462.726
Very volatile
Fixed Asset Turnover10.279.23110.1014
Slightly volatile
Capital Expenditure Coverage Ratio11.4910.93884.616
Slightly volatile
Price Cash Flow Ratio61.8759.542378.7355
Pretty Stable
Debt Ratio0.250.17920.2749
Slightly volatile
Cash Flow To Debt Ratio0.560.59462.726
Very volatile
Price Sales Ratio14.4713.77996.3743
Slightly volatile
Asset Turnover0.840.46050.9405
Slightly volatile
Gross Profit Margin0.580.81250.7015
Slightly volatile

Altair Engineering Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.6 B5.3 B3 B
Slightly volatile
Enterprise Value5.4 B5.1 B2.9 B
Slightly volatile

Altair Fundamental Market Drivers

Forward Price Earnings82.6446
Cash And Short Term Investments561.9 M

Altair Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Altair Engineering Financial Statements

Altair Engineering shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Altair Engineering investors may analyze each financial statement separately, they are all interrelated. The changes in Altair Engineering's assets and liabilities, for example, are also reflected in the revenues and expenses on on Altair Engineering's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue141.2 M113.3 M
Total Revenue665.8 M511.4 M
Cost Of Revenue124.8 M129.5 M
Stock Based Compensation To Revenue 0.10  0.06 
Sales General And Administrative To Revenue 0.14  0.20 
Research And Ddevelopement To Revenue 0.33  0.22 
Capex To Revenue 0.02  0.02 
Revenue Per Share 7.92  5.30 
Ebit Per Revenue 0.03  0.03 

Pair Trading with Altair Engineering

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.

Moving against Altair Stock

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The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.
The correlation of Altair Engineering is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Altair Stock Analysis

When running Altair Engineering's price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.
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