ALTR
Price:
$109
Market Cap:
$9.32B
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 (58.27%), greater than EverCommerce Inc. (-6.56%), less than CSG Systems International, Inc. (23.56%), greater than Consensus Cloud Solutions, Inc. (-64.62%), less than EngageSmart, Inc. (1.90%), less than i3 Verticals, Inc. (40.43%), less than CCC Intelligent Solutions Holdings Inc. (2.51%), less than SPS Commerce, Inc. (10.89%), less than EVERTEC, Inc. (16.10%), greater than NetScout Systems, Inc. (-35.85%), greater than AvidXchange Holdings, Inc. (-0.15%), greater than ForgeRock, Inc. (-20.32%), less than Appian Corporation (671.59%), greater than Five9, Inc. (-6.95%), greater than DigitalOcean Holdings, Inc. (-30.85%), less than A10 Networks, Inc. (23.31%),
Company | ROE | Market cap |
---|---|---|
58.27% | $1.24B | |
-6.56% | $2.05B | |
23.56% | $1.49B | |
-64.62% | $455.37M | |
1.90% | $3.88B | |
40.43% | $548.67M | |
2.51% | $7.54B | |
10.89% | $7.07B | |
16.10% | $2.14B | |
-35.85% | $1.54B | |
-0.15% | $2.17B | |
-20.32% | $1.95B | |
671.59% | $2.61B | |
-6.95% | $3.21B | |
-30.85% | $3.29B | |
23.31% | $1.37B |
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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?