ALTR
Price:
$104
Market Cap:
$8.86B
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also offers software technologies in the areas of computational flui...[Read more]
Industry
Software - Infrastructure
IPO Date
2017-11-01
Stock Exchange
NASDAQ
Ticker
ALTR
According to Altair Engineering Inc.’s latest financial reports and current stock price. The company's current ROE is 4.24%. This represents a change of 276.78% compared to the average of 1.12% of the last 4 quarters.
The mean historical ROE of Altair Engineering Inc. over the last ten years is -24.85%. The current 4.24% ROE has changed -117.04% with respect to the historical average. Over the past ten years (40 quarters), ALTR's ROE was at its highest in in the September 2017 quarter at 49.21%. The ROE was at its lowest in in the December 2017 quarter at -95.88%.
Average
-24.85%
Median
-2.77%
Minimum
-157.93%
Maximum
4.74%
Discovering the peaks and valleys of Altair Engineering Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 438.66%
Maximum Annual ROE = 4.74%
Minimum Annual Increase = -144.53%
Minimum Annual ROE = -157.93%
Year | ROE | Change |
---|---|---|
2023 | -1.25% | -83.54% |
2022 | -7.62% | 432.20% |
2021 | -1.43% | -48.25% |
2020 | -2.77% | 31.03% |
2019 | -2.11% | -144.53% |
2018 | 4.74% | -103.00% |
2017 | -157.93% | 438.66% |
2016 | -29.32% | 12.79% |
The current ROE of Altair Engineering Inc. (ALTR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-3.44%
5-year avg
-3.04%
10-year avg
-24.85%
Altair Engineering Inc.’s ROE is less than Global Blue Group Holding AG (52.95%), greater than EverCommerce Inc. (-5.33%), less than CSG Systems International, Inc. (24.03%), greater than Consensus Cloud Solutions, Inc. (-55.87%), less than EngageSmart, Inc. (3.03%), greater than i3 Verticals, Inc. (-0.01%), less than CCC Intelligent Solutions Holdings Inc. (2.51%), less than SPS Commerce, Inc. (10.89%), less than EVERTEC, Inc. (13.11%), greater than NetScout Systems, Inc. (-35.85%), greater than AvidXchange Holdings, Inc. (-1.98%), greater than ForgeRock, Inc. (-26.73%), greater than Appian Corporation (-668.14%), greater than Five9, Inc. (-10.32%), greater than DigitalOcean Holdings, Inc. (-22.57%), less than A10 Networks, Inc. (20.92%),
Company | ROE | Market cap |
---|---|---|
52.95% | $1.13B | |
-5.33% | $1.97B | |
24.03% | $1.37B | |
-55.87% | $441.91M | |
3.03% | $3.88B | |
-0.01% | $547.11M | |
2.51% | $6.53B | |
10.89% | $6.25B | |
13.11% | $2.09B | |
-35.85% | $1.46B | |
-1.98% | $1.73B | |
-26.73% | $1.95B | |
-668.14% | $2.65B | |
-10.32% | $2.31B | |
-22.57% | $3.76B | |
20.92% | $1.08B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Altair Engineering Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Altair Engineering Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Altair Engineering Inc.'s ROE?
How is the ROE calculated for Altair Engineering Inc. (ALTR)?
What is the highest ROE for Altair Engineering Inc. (ALTR)?
What is the 3-year average ROE for Altair Engineering Inc. (ALTR)?
What is the 5-year average ROE for Altair Engineering Inc. (ALTR)?
How does the current ROE for Altair Engineering Inc. (ALTR) compare to its historical average?