Altair Engineering (ALTR) Financials

$111.85 0.00 (0.00%)

As of 03/26/2025

Annual Income Statements for Altair Engineering

This table shows Altair Engineering's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	14	-8.93	-43	-8.79	-11	-7.54	16	-102	10	11
Consolidated Net Income / (Loss)	14	-8.93	-43	-8.79	-11	-7.54	16	-102	10	11
Net Income / (Loss) Continuing Operations	14	-8.93	-43	-8.79	-11	-7.54	16	-102	10	11
Total Pre-Tax Income	33	13	-28	-0.29	2.03	3.39	27	-36	14	12
Total Operating Income	18	0.24	-6.94	12	12	8.21	25	-33	15	15
Total Gross Profit	541	491	449	403	349	326	280	227	211	195
Total Revenue	666	613	572	532	470	459	396	333	313	294
Operating Revenue	666	613	572	532	470	459	396	333	313	288
Total Cost of Revenue	125	122	123	130	121	133	116	107	103	99
Operating Cost of Revenue	125	122	123	130	121	133	116	107	103	99
Total Operating Expenses	523	491	456	390	337	318	256	260	195	180
Selling, General & Admin Expense	90	71	72	66	86	82	80	88	57	54
Marketing Expense	184	176	164	141	111	106	80	80	66	63
Research & Development Expense	221	213	203	167	126	118	98	93	71	63
Amortization Expense	33	31	28	18	16	14	7.74	5.45	3.32	2.62
Other Operating Expenses / (Income)	-5.31	0.15	-9.96	-3.48	-3.43	-2.07	-9.60	-6.62	-2.74	-2.58
Total Other Income / (Expense), net	15	12	-21	-13	-9.68	-4.82	2.38	-3.15	-1.75	-3.20
Interest Expense	5.84	6.12	4.38	12	12	6.37	0.20	2.16	2.27	2.42
Other Income / (Expense), net	21	18	-17	-0.56	1.92	1.55	2.58	-0.99	0.52	-0.78
Income Tax Expense	18	22	15	8.51	13	11	11	66	3.54	0.82
Basic Earnings per Share	$0.17	($0.11)	($0.55)	($0.12)	($0.14)	($0.11)	$0.23	($1.94)	$0.21	$0.23
Weighted Average Basic Shares Outstanding	84.09M	80.60M	79.47M	76.18M	73.24M	71.54M	67.47M	52.47M	48.85M	46.61M
Diluted Earnings per Share	$0.16	($0.11)	($0.55)	($0.12)	($0.14)	($0.11)	$0.21	($1.94)	$0.18	$0.19
Weighted Average Diluted Shares Outstanding	88.56M	80.60M	79.47M	76.18M	73.24M	71.54M	74.88M	52.47M	57.86M	58.71M
Weighted Average Basic & Diluted Shares Outstanding	85.79M	82.49M	80.07M	76.18M	73.24M	71.54M	85.70M	52.60M	48.40M	-
Cash Dividends to Common per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

This table shows Altair Engineering's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	1.00	1.78	-5.15	17	20	-4.36	-22	-1.96	12	-33
Consolidated Net Income / (Loss)	1.00	1.78	-5.15	17	20	-4.36	-22	-1.96	12	-33
Net Income / (Loss) Continuing Operations	1.00	1.78	-5.15	17	20	-4.36	-22	-1.96	12	-33
Total Pre-Tax Income	9.94	5.13	-5.76	23	30	-11	-14	7.27	12	-29
Total Operating Income	11	-4.31	-9.90	21	23	-11	-16	5.19	4.62	-25
Total Gross Profit	159	121	118	142	142	105	110	133	127	91
Total Revenue	193	151	149	173	172	134	141	166	160	119
Operating Revenue	193	151	149	173	172	134	141	166	160	119
Total Cost of Revenue	33	30	31	31	29	29	31	33	34	28
Operating Cost of Revenue	33	30	31	31	29	29	31	33	34	28
Total Operating Expenses	148	126	128	121	120	116	127	128	122	116
Selling, General & Admin Expense	36	18	19	18	17	17	19	18	18	18
Marketing Expense	48	46	46	44	44	44	45	43	44	41
Research & Development Expense	57	56	56	52	53	52	55	53	52	53
Amortization Expense	8.71	9.25	7.63	7.44	7.71	7.70	7.63	7.81	8.83	6.57
Other Operating Expenses / (Income)	-0.98	-2.67	-0.79	-0.88	-1.18	-4.41	0.13	5.61	-0.57	-2.84
Total Other Income / (Expense), net	-1.02	9.44	4.15	2.38	7.26	0.36	2.67	2.09	7.66	-3.67
Interest Expense	1.34	1.32	1.60	1.58	1.53	1.53	1.53	1.53	1.53	1.57
Other Income / (Expense), net	0.32	11	5.75	3.96	8.79	1.89	4.20	3.61	9.18	-2.11
Income Tax Expense	8.95	3.35	-0.61	6.77	10	-6.54	8.68	9.23	0.21	4.58
Basic Earnings per Share	$0.01	$0.02	($0.06)	$0.20	$0.24	($0.05)	($0.28)	($0.02)	$0.15	($0.42)
Weighted Average Basic Shares Outstanding	84.09M	84.84M	83.61M	82.59M	80.60M	80.43M	79.99M	80.19M	79.47M	79.21M
Weighted Average Diluted Shares Outstanding	88.56M	88.43M	83.61M	89.81M	80.60M	80.43M	79.99M	80.19M	79.47M	79.21M
Weighted Average Basic & Diluted Shares Outstanding	85.79M	85.08M	84.89M	83.03M	82.49M	81.66M	81.24M	80.71M	80.07M	80.14M

This table details how cash moves in and out of Altair Engineering's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	94	151	-97	172	18	188	-3.89	22	3.13	-3.53
Net Cash From Operating Activities	154	127	40	62	33	31	36	16	21	11
Net Cash From Continuing Operating Activities	154	127	40	62	33	31	36	16	21	11
Net Income / (Loss) Continuing Operations	14	-8.93	-43	-8.79	-11	-7.54	16	-102	10	11
Consolidated Net Income / (Loss)	14	-8.93	-43	-8.79	-11	-7.54	16	-102	10	11
Depreciation Expense	42	39	36	26	24	22	15	12	9.98	8.38
Non-Cash Adjustments To Reconcile Net Income	70	93	96	46	23	9.21	-0.37	48	5.69	1.87
Changes in Operating Assets and Liabilities, net	28	3.88	-49	-12	-14	2.55	6.31	58	-4.45	-10
Net Cash From Investing Activities	-46	-16	-155	-62	-49	-36	-206	-25	-16	-8.03
Net Cash From Continuing Investing Activities	-46	-16	-155	-62	-49	-36	-206	-25	-16	-8.03
Purchase of Property, Plant & Equipment	-14	-10	-9.65	-7.85	-6.09	-9.66	-6.66	-7.52	-9.44	-5.23
Acquisitions	-27	-3.24	-135	-54	-41	-26	-206	-18	-6.65	-2.76
Other Investing Activities, net	-4.97	-2.42	-10	-0.65	-1.97	0.01	0.00	-0.07	0.03	-0.04
Net Cash From Financing Activities	-7.04	38	23	176	31	192	168	30	-1.86	-4.70
Net Cash From Continuing Financing Activities	-7.04	38	23	176	31	192	168	30	-1.86	-4.70
Repayment of Debt	-82	-0.10	-194	-31	-0.46	-130	-7.16	-214	-153	-108
Repurchase of Common Equity	0.00	-6.26	-20	0.00	0.00	-	-	-5.69	-3.05	-1.74
Issuance of Debt	0.00	0.00	224	0.00	30	320	37	128	154	104
Issuance of Common Equity	9.16	7.98	8.98	200	0.00	0.00	136	121	0.46	0.29
Other Financing Activities, net	66	36	3.58	6.48	1.71	1.51	2.08	-	-	-
Effect of Exchange Rate Changes	-6.45	1.40	-5.09	-2.62	3.01	0.34	-1.44	1.64	-0.36	-1.64
Cash Interest Paid	4.34	4.24	2.43	0.63	0.73	0.66	0.22	2.09	2.19	2.26
Cash Income Taxes Paid	9.31	11	8.94	9.17	13	7.69	6.74	5.89	5.91	5.63

This table details how cash moves in and out of Altair Engineering's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	49	6.37	-51	90	36	13	40	62	4.58	-104
Net Cash From Operating Activities	38	15	29	73	22	16	30	59	13	8.49
Net Cash From Continuing Operating Activities	38	15	29	73	22	16	30	59	13	8.49
Net Income / (Loss) Continuing Operations	1.00	1.78	-5.15	17	20	-4.36	-22	-1.96	12	-33
Consolidated Net Income / (Loss)	1.00	1.78	-5.15	17	20	-4.36	-22	-1.96	12	-33
Depreciation Expense	11	12	9.94	9.62	9.85	9.78	9.74	9.75	11	8.27
Non-Cash Adjustments To Reconcile Net Income	18	18	18	17	21	17	25	30	24	21
Changes in Operating Assets and Liabilities, net	7.74	-17	5.78	31	-29	-6.08	17	22	-34	12
Net Cash From Investing Activities	-5.78	-21	-16	-2.76	-2.28	-5.21	-5.23	-3.13	-3.34	-110
Net Cash From Continuing Investing Activities	-5.78	-21	-16	-2.76	-2.28	-5.21	-5.23	-3.13	-3.34	-110
Purchase of Property, Plant & Equipment	-4.35	-4.74	-2.24	-2.77	-2.31	-1.70	-4.46	-1.73	-2.93	-3.26
Acquisitions	-1.50	-12	-14	0.00	-0.00	-2.51	-0.72	0.00	-0.41	-96
Other Investing Activities, net	0.06	-4.64	-0.40	0.00	0.03	-1.00	-0.05	-1.41	-	-10
Net Cash From Financing Activities	24	9.24	-62	22	13	3.97	16	5.46	-12	3.23
Net Cash From Continuing Financing Activities	24	9.24	-62	22	13	3.97	16	5.46	-12	3.23
Issuance of Common Equity	2.05	2.75	-	-	2.21	1.98	-	-	-	-
Other Financing Activities, net	22	6.49	15	22	11	2.02	12	12	-5.81	3.27
Effect of Exchange Rate Changes	-7.01	3.85	-0.70	-2.59	4.00	-2.56	-0.42	0.38	7.05	-5.92
Cash Interest Paid	2.04	0.00	2.26	0.05	2.12	0.00	2.12	0.00	2.13	0.01
Cash Income Taxes Paid	1.29	4.37	0.70	2.95	2.27	0.12	4.15	4.75	2.12	1.93

This table presents Altair Engineering's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	1,446	1,363	1,205	1,155	830	743	487	288	251
Total Current Assets	785	701	527	588	387	352	154	144	105
Cash & Equivalents	562	467	316	414	241	223	35	39	17
Accounts Receivable	174	190	170	138	118	105	97	87	70
Prepaid Expenses	28	26	29	28	21	17	17	10	7.44
Current Deferred & Refundable Income Taxes	22	17	11	9.39	6.74	7.26	4.43	6.05	9.07
Plant, Property, & Equipment, net	41	40	38	40	36	36	30	31	30
Total Noncurrent Assets	620	623	640	526	407	354	303	113	116
Goodwill	462	458	449	370	264	234	211	63	37
Intangible Assets	73	84	108	99	76	67	70	24	11
Noncurrent Deferred & Refundable Income Taxes	8.77	9.96	9.73	-	7.13	5.79	5.35	8.35	63
Other Noncurrent Operating Assets	75	71	74	57	59	48	17	17	5.28
Total Liabilities & Shareholders' Equity	1,446	1,363	1,205	1,163	830	743	487	288	251
Total Liabilities	588	652	635	549	451	386	191	225	285
Total Current Liabilities	488	324	233	474	201	153	127	197	158
Short-Term Debt	227	81	0.00	200	30	0.43	0.33	0.23	10
Accounts Payable	7.32	9.00	10	6.65	8.59	8.59	8.36	4.88	5.01
Current Deferred Revenue	139	131	113	93	86	75	60	130	101
Current Employee Benefit Liabilities	50	45	42	42	35	31	32	27	23
Other Current Liabilities	64	57	67	132	42	38	27	36	19
Total Noncurrent Liabilities	101	328	402	75	250	233	64	27	127
Long-Term Debt	0.00	226	306	0.00	188	178	31	0.18	75
Capital Lease Obligations	24	23	24	-	24	20	0.00	-	-
Noncurrent Deferred Revenue	29	32	31	13	9.39	8.14	6.75	9.64	13
Other Noncurrent Operating Liabilities	48	47	41	62	28	27	26	18	17
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	0.00	0.00	0.78	0.78	2.35	2.35	2.35	0.00
Total Equity & Noncontrolling Interests	857	711	570	613	379	355	294	61	-35
Total Preferred & Common Equity	857	711	570	613	379	355	294	61	-35
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	857	711	570	613	379	355	294	61	-35
Common Stock	1,011	864	721	724	475	447	380	232	40
Retained Earnings	-116	-131	-122	-102	-93	-82	-75	-166	-67
Accumulated Other Comprehensive Income / (Loss)	-37	-22	-30	-8.95	-2.80	-9.53	-11	-5.07	-7.26

This table presents Altair Engineering's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,378	1,336	1,380	1,252	1,256	1,226	1,125
Total Current Assets	687	680	730	592	587	549	466
Cash & Equivalents	513	507	558	431	418	378	312
Accounts Receivable	121	127	128	122	124	131	120
Prepaid Expenses	31	29	26	27	30	28	23
Current Deferred & Refundable Income Taxes	21	18	19	12	15	11	10
Plant, Property, & Equipment, net	41	38	39	38	39	38	39
Total Noncurrent Assets	650	618	611	622	630	639	620
Goodwill	476	459	455	453	453	451	455
Intangible Assets	85	78	75	86	95	102	86
Noncurrent Deferred & Refundable Income Taxes	9.66	9.12	9.70	8.05	8.18	9.68	7.61
Other Noncurrent Operating Assets	79	72	71	74	74	77	71
Total Liabilities & Shareholders' Equity	1,378	1,336	1,380	1,252	1,256	1,226	1,125
Total Liabilities	541	545	617	618	636	619	589
Total Current Liabilities	210	217	297	297	319	300	198
Short-Term Debt	0.00	0.00	82	81	81	81	0.00
Accounts Payable	3.61	4.00	6.52	5.16	4.68	6.01	6.24
Current Deferred Revenue	115	123	121	111	122	114	95
Current Employee Benefit Liabilities	43	40	36	39	36	30	37
Other Current Liabilities	48	50	52	60	76	69	61
Total Noncurrent Liabilities	331	328	320	321	316	319	391
Long-Term Debt	227	227	226	226	225	225	305
Capital Lease Obligations	24	25	23	-	-	-	23
Noncurrent Deferred Revenue	26	29	24	28	27	28	22
Other Noncurrent Operating Liabilities	53	48	47	67	64	66	40
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	837	791	763	634	620	607	536
Total Preferred & Common Equity	837	791	763	634	620	607	536
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	837	791	763	634	620	607	536
Common Stock	972	940	904	817	790	753	716
Retained Earnings	-117	-119	-114	-150	-146	-124	-134
Accumulated Other Comprehensive Income / (Loss)	-18	-29	-27	-32	-24	-23	-47

This table displays calculated financial ratios and metrics derived from Altair Engineering's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.66%	7.07%	7.52%	13.25%	2.40%	15.78%	18.91%	6.41%	6.50%	-84.78%
EBITDA Growth	39.36%	395.88%	-76.11%	1.21%	30.64%	-12.00%	287.78%	-186.16%	15.10%	-96.30%
EBIT Growth	105.32%	178.60%	-302.39%	-13.60%	39.67%	-64.15%	179.48%	-314.51%	12.72%	-97.36%
NOPAT Growth	4,569.64%	96.46%	-156.22%	114.27%	-231.29%	-228.96%	160.85%	-303.19%	-17.61%	-97.13%
Net Income Growth	258.81%	79.45%	-393.85%	16.25%	-39.22%	-148.55%	115.24%	-1,103.06%	-7.03%	-97.69%
EPS Growth	245.45%	80.00%	-358.33%	14.29%	-27.27%	-152.38%	110.82%	-1,177.78%	-5.26%	-87.50%
Operating Cash Flow Growth	21.03%	221.73%	-35.79%	87.41%	4.74%	-13.35%	125.16%	-24.76%	97.32%	-98.37%
Free Cash Flow Firm Growth	280.46%	104.68%	-9,370.16%	98.09%	-85.07%	76.94%	-1,754.20%	38.42%	-111.81%	-64.08%
Invested Capital Growth	-4.76%	-1.61%	49.00%	2.81%	14.41%	13.80%	1,111.44%	-28.40%	0.00%	0.00%
Revenue Q/Q Growth	3.28%	1.84%	3.55%	1.40%	2.08%	4.76%	3.43%	0.00%	0.00%	-82.99%
EBITDA Q/Q Growth	-19.00%	38.31%	325.37%	-4.09%	8.39%	51.03%	0.78%	0.00%	0.00%	-95.19%
EBIT Q/Q Growth	-34.32%	1,529.13%	25.24%	-12.20%	21.26%	461.51%	1.17%	0.00%	0.00%	-96.36%
NOPAT Q/Q Growth	-58.08%	98.62%	-0.45%	115.57%	-1,112.58%	-5,309.45%	139.06%	0.00%	0.00%	-95.91%
Net Income Q/Q Growth	-56.85%	46.02%	23.66%	-69.15%	26.06%	49.86%	140.52%	0.00%	0.00%	-96.76%
EPS Q/Q Growth	-60.00%	38.89%	24.66%	-71.43%	30.00%	47.62%	125.00%	0.00%	0.00%	-82.73%
Operating Cash Flow Q/Q Growth	11.49%	7.26%	21.52%	0.86%	14.30%	21.62%	-7.24%	-7.94%	105.93%	-98.01%
Free Cash Flow Firm Q/Q Growth	175.14%	-69.32%	-2.68%	96.83%	-93.64%	78.90%	0.00%	0.00%	0.00%	-49.89%
Invested Capital Q/Q Growth	-4.92%	12.55%	5.61%	7.07%	7.05%	13.33%	1,792.09%	0.00%	0.00%	-100.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	81.25%	80.12%	78.52%	75.63%	74.19%	71.11%	70.74%	68.02%	67.25%	66.27%
EBITDA Margin	12.11%	9.44%	2.04%	9.18%	10.27%	8.05%	10.59%	-6.71%	8.28%	7.66%
Operating Margin	2.66%	0.04%	-1.21%	2.32%	2.49%	1.79%	6.22%	-9.98%	4.93%	5.08%
EBIT Margin	5.78%	3.06%	-4.17%	2.21%	2.90%	2.13%	6.87%	-10.28%	5.10%	4.82%
Profit (Net Income) Margin	2.13%	-1.46%	-7.59%	-1.65%	-2.23%	-1.64%	3.92%	-30.58%	3.24%	3.72%
Tax Burden Percent	43.44%	-70.73%	153.93%	3,053.47%	-516.73%	-222.61%	57.49%	279.97%	74.17%	93.04%
Interest Burden Percent	84.83%	67.36%	118.36%	-2.45%	14.91%	34.72%	99.27%	106.31%	85.81%	82.94%
Effective Tax Rate	56.56%	170.73%	0.00%	0.00%	616.73%	322.61%	42.51%	0.00%	25.83%	6.96%
Return on Invested Capital (ROIC)	1.37%	-0.03%	-1.00%	2.24%	-16.97%	-5.84%	8.95%	-80.48%	67.97%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.53%	14.10%	35.91%	18.00%	-453.65%	-82.82%	2.50%	-612.62%	64.18%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.44%	-1.36%	-6.34%	-4.01%	14.11%	3.53%	-0.29%	-640.21%	-126.62%	0.00%
Return on Equity (ROE)	1.81%	-1.39%	-7.34%	-1.77%	-2.85%	-2.31%	8.66%	-720.69%	-58.66%	0.00%
Cash Return on Invested Capital (CROIC)	6.25%	1.59%	-40.35%	-0.54%	-30.41%	-18.75%	-160.55%	-47.38%	-132.03%	0.00%
Operating Return on Assets (OROA)	2.74%	1.46%	-2.02%	1.19%	1.73%	1.59%	7.02%	-12.72%	6.37%	0.00%
Return on Assets (ROA)	1.01%	-0.70%	-3.68%	-0.89%	-1.34%	-1.23%	4.01%	-37.85%	4.05%	0.00%
Return on Common Equity (ROCE)	1.81%	-1.39%	-7.33%	-1.77%	-2.84%	-2.29%	8.54%	-660.51%	-58.67%	0.00%
Return on Equity Simple (ROE_SIMPLE)	1.65%	-1.25%	-7.62%	-1.43%	-2.77%	-2.13%	5.29%	-168.24%	-29.32%	0.00%
Net Operating Profit after Tax (NOPAT)	7.68	-0.17	-4.86	8.64	-61	-18	14	-23	11	14
NOPAT Margin	1.15%	-0.03%	-0.85%	1.62%	-12.88%	-3.98%	3.57%	-6.98%	3.66%	4.73%
Net Nonoperating Expense Percent (NNEP)	2.90%	-14.13%	-36.91%	-15.76%	436.69%	76.98%	6.45%	532.14%	3.79%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	0.69%	-0.02%	-0.54%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	18.75%	19.88%	21.48%	24.37%	25.81%	28.89%	29.26%	31.98%	32.75%	33.73%
SG&A Expenses to Revenue	13.54%	11.57%	12.63%	12.49%	18.39%	17.91%	20.12%	26.39%	18.26%	18.38%
R&D to Revenue	33.22%	34.71%	35.40%	31.44%	26.83%	25.61%	24.62%	27.97%	22.77%	21.34%
Operating Expenses to Revenue	78.60%	80.08%	79.74%	73.32%	71.69%	69.32%	64.52%	78.00%	62.31%	61.19%
Earnings before Interest and Taxes (EBIT)	38	19	-24	12	14	9.76	27	-34	16	14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	81	58	12	49	48	37	42	-22	26	23
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.83	9.66	6.40	9.94	11.32	7.27	6.60	24.83	0.00	0.00
Price to Tangible Book Value (P/TBV)	28.85	40.50	278.62	42.35	112.80	47.77	145.64	0.00	0.00	0.00
Price to Revenue (P/Rev)	13.94	11.22	6.37	11.46	9.12	5.62	4.89	4.51	30.63	32.62
Price to Earnings (P/E)	654.90	0.00	0.00	0.00	0.00	0.00	124.86	0.00	943.91	877.60
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.80%	0.00%	0.11%	0.11%
Enterprise Value to Invested Capital (EV/IC)	16.42	11.73	6.27	15.03	11.26	7.68	6.63	60.82	286.57	0.00
Enterprise Value to Revenue (EV/Rev)	13.48	10.99	6.39	11.05	9.12	5.57	4.89	4.40	30.84	0.00
Enterprise Value to EBITDA (EV/EBITDA)	111.28	116.39	313.47	120.44	88.83	69.17	46.17	0.00	372.35	0.00
Enterprise Value to EBIT (EV/EBIT)	233.26	359.45	0.00	499.55	314.57	261.86	71.20	0.00	605.08	0.00
Enterprise Value to NOPAT (EV/NOPAT)	1,167.90	0.00	0.00	681.13	0.00	0.00	136.83	0.00	843.25	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	58.23	52.90	92.43	95.47	130.39	81.40	53.50	91.24	451.78	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	256.17	731.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.46	0.58	0.33	0.64	0.56	0.11	0.01	-2.46	0.00
Long-Term Debt to Equity	0.03	0.35	0.58	0.00	0.56	0.56	0.11	0.00	-2.16	0.00
Financial Leverage	-0.29	-0.10	-0.18	-0.22	-0.03	-0.04	-0.12	1.05	-1.97	0.00
Leverage Ratio	1.79	2.00	1.99	2.00	2.14	1.88	2.16	19.04	-7.24	0.00
Compound Leverage Factor	1.52	1.35	2.36	-0.05	0.32	0.65	2.14	20.24	-6.21	0.00
Debt to Total Capital	22.67%	31.69%	36.65%	24.54%	39.00%	35.77%	9.69%	0.65%	168.50%	0.00%
Short-Term Debt to Total Capital	20.49%	7.82%	0.00%	24.54%	4.82%	0.08%	0.10%	0.37%	20.63%	0.00%
Long-Term Debt to Total Capital	2.18%	23.87%	36.65%	0.00%	34.19%	35.69%	9.58%	0.28%	147.87%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.10%	0.13%	0.42%	0.72%	3.71%	0.02%	0.00%
Common Equity to Total Capital	77.33%	68.31%	63.35%	75.36%	60.87%	63.81%	89.60%	95.64%	-68.52%	0.00%
Debt to EBITDA	3.12	5.70	28.25	4.09	5.03	5.38	0.76	-0.02	3.29	0.00
Net Debt to EBITDA	-3.85	-2.38	1.16	-4.38	0.03	-0.66	-0.09	1.74	2.63	0.00
Long-Term Debt to EBITDA	0.30	4.30	28.25	0.00	4.41	5.37	0.75	-0.01	2.88	0.00
Debt to NOPAT	32.70	-1,919.94	-67.89	23.12	-4.01	-10.88	2.24	-0.02	7.44	0.00
Net Debt to NOPAT	-40.44	799.66	-2.78	-24.78	-0.02	1.33	-0.25	1.67	5.97	0.00
Long-Term Debt to NOPAT	3.14	-1,446.05	-67.89	0.00	-3.51	-10.86	2.22	-0.01	6.53	0.00
Altman Z-Score	10.15	7.01	4.00	7.15	6.44	4.83	6.94	3.75	21.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.07%	0.16%	0.43%	0.72%	1.31%	8.35%	-0.03%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.61	2.16	2.26	1.24	1.93	2.31	1.21	0.73	0.67	0.00
Quick Ratio	1.51	2.03	2.09	1.16	1.79	2.15	1.04	0.64	0.55	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	35	9.21	-197	-2.08	-108	-59	-254	-14	-22	188
Operating Cash Flow to CapEx	1,093.88%	1,248.97%	410.14%	785.11%	539.67%	324.98%	80,511.11%	227.40%	227.26%	207.11%
Free Cash Flow to Firm to Interest Expense	6.00	1.51	-44.93	-0.17	-9.35	-9.20	-1,270.67	-6.35	-9.83	78.01
Operating Cash Flow to Interest Expense	26.40	20.82	9.04	5.11	2.84	4.93	181.15	7.45	9.44	4.49
Operating Cash Flow Less CapEx to Interest Expense	23.99	19.15	6.84	4.46	2.31	3.41	180.93	4.17	5.29	2.32
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.48	0.49	0.54	0.60	0.75	1.02	1.24	1.25	0.00
Accounts Receivable Turnover	3.66	3.40	3.72	4.17	4.22	4.55	4.32	4.24	4.44	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	66.47	83.62	0.00
Fixed Asset Turnover	16.48	15.85	14.67	13.86	12.94	13.81	12.87	10.90	10.54	0.00
Accounts Payable Turnover	15.30	12.54	14.39	17.02	14.12	15.65	17.52	21.56	20.48	0.00
Days Sales Outstanding (DSO)	99.77	107.45	98.18	87.60	86.55	80.25	84.46	86.03	82.15	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.49	4.37	0.00
Days Payable Outstanding (DPO)	23.85	29.11	25.37	21.45	25.85	23.32	20.83	16.93	17.82	0.00
Cash Conversion Cycle (CCC)	75.92	78.34	72.81	66.15	60.71	56.93	63.63	74.59	68.69	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	547	574	583	391	381	333	292	24	34	0.00
Invested Capital Turnover	1.19	1.06	1.17	1.38	1.32	1.47	2.50	11.52	18.58	0.00
Increase / (Decrease) in Invested Capital	-27	-9.38	192	11	48	40	268	-9.57	34	-175
Enterprise Value (EV)	8,973	6,734	3,658	5,883	4,288	2,555	1,938	1,468	9,661	0.00
Market Capitalization	9,283	6,872	3,644	6,096	4,285	2,577	1,940	1,505	9,593	9,593
Book Value per Share	$10.08	$8.71	$7.11	$7.78	$5.14	$4.94	$4.18	$0.96	($0.11)	$0.00
Tangible Book Value per Share	$3.78	$2.08	$0.16	$1.83	$0.52	$0.75	$0.19	($0.42)	($0.27)	$0.00
Total Capital	1,108	1,041	899	814	622	556	328	63	51	0.00
Total Debt	251	330	330	200	243	199	32	0.41	85	0.00
Total Long-Term Debt	24	249	330	0.00	213	198	31	0.18	75	0.00
Net Debt	-311	-137	14	-214	1.36	-24	-3.60	-39	68	0.00
Capital Expenditures (CapEx)	14	10	9.65	7.85	6.09	9.66	0.05	7.08	9.41	5.23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-38	-9.49	-22	-100	-25	-23	-8.21	-93	-59	0.00
Debt-free Net Working Capital (DFNWC)	524	458	294	314	216	200	27	-53	-42	0.00
Net Working Capital (NWC)	297	377	294	114	186	200	27	-54	-53	0.00
Net Nonoperating Expense (NNE)	-6.49	8.75	39	17	-50	-11	-1.37	79	1.29	2.98
Net Nonoperating Obligations (NNO)	-311	-137	14	-223	1.36	-24	-3.60	-39	68	0.00
Total Depreciation and Amortization (D&A)	42	39	36	37	35	27	15	12	9.98	8.38
Debt-free, Cash-free Net Working Capital to Revenue	-5.64%	-1.55%	-3.85%	-18.75%	-5.34%	-5.03%	-2.07%	-27.77%	-18.94%	0.00%
Debt-free Net Working Capital to Revenue	78.75%	74.75%	51.39%	58.99%	46.00%	43.59%	6.85%	-16.00%	-13.56%	0.00%
Net Working Capital to Revenue	44.64%	61.45%	51.39%	21.47%	39.62%	43.49%	6.76%	-16.07%	-16.89%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.17	($0.11)	($0.55)	($0.12)	($0.14)	($0.11)	$0.20	($1.89)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	84.09M	80.60M	79.47M	79.32M	73.24M	71.54M	67.47M	52.47M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.16	($0.11)	($0.55)	($0.12)	($0.14)	($0.11)	$0.18	($1.89)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	88.56M	80.60M	79.47M	79.32M	73.24M	71.54M	74.88M	52.47M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	($0.12)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	85.79M	82.49M	80.07M	76.18M	74.60M	72.54M	70.68M	63.23M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	12	0.17	-4.86	8.64	8.20	5.74	14	-23	11	14
Normalized NOPAT Margin	1.86%	0.03%	-0.85%	1.62%	1.74%	1.25%	3.57%	-6.98%	3.66%	4.73%
Pre Tax Income Margin	4.90%	2.06%	-4.93%	-0.05%	0.43%	0.74%	6.82%	-10.92%	4.37%	3.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.59	3.06	-5.45	0.98	1.18	1.53	136.12	-15.86	7.05	5.86
NOPAT to Interest Expense	1.32	-0.03	-1.11	0.72	-5.22	-2.87	70.83	-10.78	5.06	5.76
EBIT Less CapEx to Interest Expense	4.18	1.40	-7.65	0.33	0.65	0.02	135.90	-19.13	2.89	3.70
NOPAT Less CapEx to Interest Expense	-1.10	-1.69	-3.31	0.07	-5.74	-4.38	70.61	-14.05	0.90	3.59
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.13%	0.00%
Augmented Payout Ratio	0.00%	-70.08%	-45.27%	0.00%	0.00%	0.00%	0.00%	-5.58%	37.13%	15.95%

This table displays calculated financial ratios and metrics derived from Altair Engineering's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.32%	13.02%	5.41%	4.14%	6.90%	12.28%	6.41%	3.91%	13.95%	-1.61%
EBITDA Growth	-45.86%	4,303.18%	347.65%	86.05%	63.57%	102.23%	88.90%	-29.55%	68.57%	-361.58%
EBIT Growth	-64.05%	168.76%	65.60%	182.90%	127.44%	65.41%	58.62%	-52.80%	139.90%	-1,222.10%
NOPAT Growth	-92.62%	81.03%	39.13%	1,163.62%	228.12%	54.94%	-123.84%	-110.57%	287.68%	-1,197.82%
Net Income Growth	-94.94%	140.78%	76.90%	944.67%	63.08%	86.88%	34.03%	-116.99%	963.64%	-310.01%
EPS Growth	0.00%	140.00%	78.57%	1,100.00%	41.18%	88.10%	34.88%	-115.38%	1,800.00%	-281.82%
Operating Cash Flow Growth	73.34%	-11.44%	-4.91%	24.07%	66.09%	93.42%	145.04%	923.14%	116.22%	873.97%
Free Cash Flow Firm Growth	17.20%	-292.40%	40.10%	117.80%	112.96%	116.91%	48.64%	-6.00%	-1,326.10%	-1,707.56%
Invested Capital Growth	-4.76%	12.74%	5.32%	0.21%	-1.61%	-7.68%	9.78%	16.55%	49.00%	51.07%
Revenue Q/Q Growth	27.19%	1.78%	-13.95%	0.82%	27.98%	-5.07%	-14.98%	3.49%	34.42%	-10.03%
EBITDA Q/Q Growth	23.97%	211.31%	-83.24%	-17.25%	9,982.40%	117.51%	-112.59%	-27.75%	237.55%	12.89%
EBIT Q/Q Growth	75.01%	255.21%	-116.68%	-20.69%	434.80%	22.36%	-237.22%	-36.23%	150.91%	7.10%
NOPAT Q/Q Growth	173.45%	78.42%	-146.66%	-0.21%	288.83%	30.76%	-715.28%	-130.78%	125.93%	-243.92%
Net Income Q/Q Growth	-44.01%	134.56%	-131.11%	-15.90%	551.05%	80.42%	-1,037.32%	-116.24%	136.29%	1.56%
EPS Q/Q Growth	0.00%	133.33%	-130.00%	-16.67%	580.00%	82.14%	-1,300.00%	-111.76%	140.48%	2.33%
Operating Cash Flow Q/Q Growth	157.99%	-49.06%	-61.12%	239.25%	31.80%	-45.30%	-49.27%	354.12%	53.49%	-30.70%
Free Cash Flow Firm Q/Q Growth	142.81%	-95.64%	-346.84%	-43.31%	-29.72%	160.91%	26.66%	58.72%	8.29%	-84.97%
Invested Capital Q/Q Growth	-4.92%	7.37%	-0.05%	-6.66%	12.55%	0.30%	-4.90%	-8.35%	5.61%	19.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	82.67%	80.18%	79.49%	82.13%	82.99%	78.29%	78.18%	80.28%	78.90%	76.62%
EBITDA Margin	11.59%	11.89%	3.89%	19.96%	24.04%	0.31%	-1.65%	11.17%	15.71%	-15.36%
Operating Margin	5.69%	-2.85%	-6.66%	12.11%	13.17%	-8.41%	-11.53%	3.12%	2.88%	-20.94%
EBIT Margin	5.86%	4.26%	-2.79%	14.40%	18.30%	-7.00%	-8.55%	5.30%	8.60%	-22.71%
Profit (Net Income) Margin	0.52%	1.17%	-3.46%	9.57%	11.47%	-3.26%	-15.78%	-1.18%	7.52%	-27.86%
Tax Burden Percent	10.02%	34.69%	89.40%	70.97%	65.91%	40.01%	163.80%	-26.94%	98.31%	115.97%
Interest Burden Percent	88.13%	79.57%	138.62%	93.67%	95.12%	116.31%	112.66%	82.66%	88.94%	105.78%
Effective Tax Rate	89.98%	65.31%	0.00%	29.03%	34.09%	0.00%	0.00%	126.94%	1.69%	0.00%
Return on Invested Capital (ROIC)	0.68%	-1.17%	-5.60%	9.95%	9.19%	-6.67%	-9.75%	-0.98%	3.32%	-17.65%
ROIC Less NNEP Spread (ROIC-NNEP)	0.72%	-2.87%	-6.57%	8.82%	1.47%	-13.22%	0.77%	-0.50%	-3.88%	-3.38%
Return on Net Nonoperating Assets (RNNOA)	-0.21%	0.75%	1.71%	-1.93%	-0.14%	1.21%	-0.14%	0.09%	0.69%	0.65%
Return on Equity (ROE)	0.47%	-0.42%	-3.89%	8.02%	9.05%	-5.45%	-9.89%	-0.89%	4.01%	-17.00%
Cash Return on Invested Capital (CROIC)	6.25%	-8.59%	-2.04%	0.79%	1.59%	5.65%	-13.86%	-18.45%	-40.35%	-41.73%
Operating Return on Assets (OROA)	2.78%	2.09%	-1.35%	6.85%	8.73%	-3.54%	-4.21%	2.60%	4.17%	-11.73%
Return on Assets (ROA)	0.25%	0.58%	-1.67%	4.55%	5.47%	-1.65%	-7.77%	-0.58%	3.65%	-14.39%
Return on Common Equity (ROCE)	0.47%	-0.42%	-3.89%	8.02%	9.05%	-5.45%	-9.89%	-0.89%	4.00%	-16.99%
Return on Equity Simple (ROE_SIMPLE)	0.00%	3.93%	3.38%	1.26%	0.00%	-2.61%	-7.32%	-9.38%	0.00%	-10.62%
Net Operating Profit after Tax (NOPAT)	1.10	-1.50	-6.93	15	15	-7.88	-11	-1.40	4.54	-17
NOPAT Margin	0.57%	-0.99%	-4.66%	8.59%	8.68%	-5.88%	-8.07%	-0.84%	2.83%	-14.66%
Net Nonoperating Expense Percent (NNEP)	-0.05%	1.70%	0.97%	1.13%	7.72%	6.56%	-10.52%	-0.48%	7.20%	-14.27%
Return On Investment Capital (ROIC_SIMPLE)	0.10%	-	-	-	1.43%	-	-	-	0.50%	-
Cost of Revenue to Revenue	17.33%	19.82%	20.51%	17.87%	17.01%	21.71%	21.82%	19.72%	21.10%	23.38%
SG&A Expenses to Revenue	18.48%	11.56%	12.97%	10.27%	9.97%	12.85%	13.19%	10.81%	11.37%	15.30%
R&D to Revenue	29.67%	37.05%	37.35%	30.27%	30.62%	38.51%	39.16%	32.07%	32.37%	44.48%
Operating Expenses to Revenue	76.98%	83.03%	86.15%	70.03%	69.82%	86.70%	89.71%	77.16%	76.02%	97.56%
Earnings before Interest and Taxes (EBIT)	11	6.45	-4.15	25	31	-9.37	-12	8.80	14	-27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	22	18	5.79	35	41	0.41	-2.34	19	25	-18
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.83	9.69	10.29	9.22	9.66	8.01	9.87	9.51	6.40	6.60
Price to Tangible Book Value (P/TBV)	28.85	29.40	31.97	30.24	40.50	53.61	84.45	106.63	278.62	0.00
Price to Revenue (P/Rev)	13.94	12.58	12.98	11.35	11.22	8.45	10.43	9.98	6.37	6.40
Price to Earnings (P/E)	654.90	246.77	304.87	734.36	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.15%	0.41%	0.33%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	16.42	13.65	14.73	12.71	11.73	9.72	11.82	10.67	6.27	6.43
Enterprise Value to Revenue (EV/Rev)	13.48	12.17	12.58	10.99	10.99	8.24	10.24	9.86	6.39	6.43
Enterprise Value to EBITDA (EV/EBITDA)	111.28	78.82	96.26	89.94	116.39	118.52	265.96	1,466.41	313.47	1,294.93
Enterprise Value to EBIT (EV/EBIT)	233.26	133.95	184.52	195.47	359.45	4,311.28	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	1,167.90	428.05	482.15	1,273.65	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	58.23	56.77	56.31	48.09	52.90	41.77	54.25	61.32	92.43	109.08
Enterprise Value to Free Cash Flow (EV/FCFF)	256.17	0.00	0.00	1,603.68	731.51	165.24	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.30	0.32	0.43	0.46	0.48	0.49	0.50	0.58	0.61
Long-Term Debt to Equity	0.03	0.30	0.32	0.33	0.35	0.36	0.36	0.37	0.58	0.61
Financial Leverage	-0.29	-0.26	-0.26	-0.22	-0.10	-0.09	-0.18	-0.19	-0.18	-0.19
Leverage Ratio	1.79	1.79	1.84	1.90	2.00	2.03	2.02	1.92	1.99	1.88
Compound Leverage Factor	1.58	1.42	2.55	1.78	1.91	2.36	2.28	1.59	1.77	1.99
Debt to Total Capital	22.67%	23.09%	24.09%	30.22%	31.69%	32.62%	33.07%	33.52%	36.65%	38.03%
Short-Term Debt to Total Capital	20.49%	0.00%	0.00%	7.47%	7.82%	8.64%	8.76%	8.87%	0.00%	0.00%
Long-Term Debt to Total Capital	2.18%	23.09%	24.09%	22.75%	23.87%	23.98%	24.31%	24.65%	36.65%	38.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	77.33%	76.91%	75.91%	69.78%	68.31%	67.38%	66.93%	66.48%	63.35%	61.97%
Debt to EBITDA	3.12	2.52	3.06	4.36	5.70	7.34	13.56	78.71	28.25	119.80
Net Debt to EBITDA	-3.85	-2.63	-3.12	-3.00	-2.38	-2.97	-4.95	-18.60	1.16	6.11
Long-Term Debt to EBITDA	0.30	2.52	3.06	3.29	4.30	5.39	9.97	57.88	28.25	119.80
Debt to NOPAT	32.70	13.71	15.35	61.80	-1,919.94	-24.73	-13.92	-19.46	-67.89	-67.98
Net Debt to NOPAT	-40.44	-14.30	-15.64	-42.52	799.66	10.01	5.08	4.60	-2.78	-3.47
Long-Term Debt to NOPAT	3.14	13.71	15.35	46.53	-1,446.05	-18.18	-10.23	-14.31	-67.89	-67.98
Altman Z-Score	10.09	9.77	9.72	7.61	7.04	5.51	6.31	6.19	4.11	4.13
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.07%	0.07%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.61	3.27	3.14	2.46	2.16	1.99	1.84	1.83	2.26	2.35
Quick Ratio	1.51	3.02	2.92	2.31	2.03	1.86	1.70	1.69	2.09	2.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	28	-66	-34	14	24	35	-57	-77	-187	-204
Operating Cash Flow to CapEx	863.35%	307.22%	1,276.01%	2,655.46%	936.87%	967.43%	673.77%	3,427.85%	445.37%	260.20%
Free Cash Flow to Firm to Interest Expense	21.24	-50.45	-21.17	8.73	15.83	22.58	-37.10	-50.66	-122.72	-130.40
Operating Cash Flow to Interest Expense	28.03	11.05	17.80	46.61	14.12	10.74	19.65	38.79	8.54	5.42
Operating Cash Flow Less CapEx to Interest Expense	24.78	7.45	16.41	44.85	12.62	9.63	16.74	37.66	6.62	3.34
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.49	0.48	0.48	0.48	0.51	0.49	0.49	0.49	0.52
Accounts Receivable Turnover	3.66	5.30	5.00	4.79	3.40	4.98	5.15	4.76	3.72	5.30
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	16.48	16.31	16.17	16.07	15.85	15.61	14.96	14.75	14.67	14.23
Accounts Payable Turnover	15.30	27.51	27.56	19.14	12.54	22.20	25.98	20.54	14.39	21.88
Days Sales Outstanding (DSO)	99.77	68.85	72.98	76.14	107.45	73.34	70.81	76.69	98.18	68.90
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	23.85	13.27	13.24	19.07	29.11	16.44	14.05	17.77	25.37	16.68
Cash Conversion Cycle (CCC)	75.92	55.58	59.74	57.07	78.34	56.90	56.76	58.92	72.81	52.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	547	575	535	536	574	510	508	535	583	552
Invested Capital Turnover	1.19	1.19	1.20	1.16	1.06	1.13	1.21	1.16	1.17	1.20
Increase / (Decrease) in Invested Capital	-27	65	27	1.10	-9.38	-42	45	76	192	187
Enterprise Value (EV)	8,973	7,845	7,888	6,808	6,734	4,958	6,009	5,701	3,658	3,552
Market Capitalization	9,283	8,107	8,144	7,035	6,872	5,082	6,121	5,774	3,644	3,535
Book Value per Share	$10.08	$9.86	$9.53	$9.24	$8.71	$7.81	$7.68	$7.58	$7.11	$6.70
Tangible Book Value per Share	$3.78	$3.25	$3.07	$2.82	$2.08	$1.17	$0.90	$0.68	$0.16	($0.07)
Total Capital	1,108	1,088	1,042	1,093	1,041	941	927	913	899	864
Total Debt	251	251	251	330	330	307	306	306	330	329
Total Long-Term Debt	24	251	251	249	249	226	225	225	330	329
Net Debt	-311	-262	-256	-227	-137	-124	-112	-72	14	17
Capital Expenditures (CapEx)	4.35	4.74	2.24	2.77	2.31	1.70	4.46	1.73	2.93	3.26
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-38	-36	-44	-42	-9.49	-55	-70	-49	-22	-45
Debt-free Net Working Capital (DFNWC)	524	477	463	515	458	376	349	329	294	267
Net Working Capital (NWC)	297	477	463	434	377	295	268	248	294	267
Net Nonoperating Expense (NNE)	0.10	-3.27	-1.79	-1.69	-4.79	-3.52	11	0.56	-7.53	16
Net Nonoperating Obligations (NNO)	-311	-262	-256	-227	-137	-124	-112	-72	14	17
Total Depreciation and Amortization (D&A)	11	12	9.94	9.62	9.85	9.78	9.74	9.75	11	8.77
Debt-free, Cash-free Net Working Capital to Revenue	-5.64%	-5.66%	-7.02%	-6.83%	-1.55%	-9.10%	-11.86%	-8.50%	-3.85%	-8.07%
Debt-free Net Working Capital to Revenue	78.75%	73.98%	73.82%	83.16%	74.75%	62.56%	59.40%	56.91%	51.39%	48.36%
Net Working Capital to Revenue	44.64%	73.98%	73.82%	69.99%	61.45%	49.05%	45.58%	42.91%	51.39%	48.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.01	$0.02	($0.06)	$0.20	$0.24	($0.05)	($0.28)	($0.02)	$0.15	($0.42)
Adjusted Weighted Average Basic Shares Outstanding	84.09M	84.84M	83.61M	82.59M	80.60M	80.43M	79.99M	80.19M	79.47M	79.21M
Adjusted Diluted Earnings per Share	$0.00	$0.02	($0.06)	$0.20	$0.24	($0.05)	($0.28)	($0.02)	$0.17	($0.42)
Adjusted Weighted Average Diluted Shares Outstanding	88.56M	88.43M	83.61M	89.81M	80.60M	80.43M	79.99M	80.19M	79.47M	79.21M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	85.79M	85.08M	84.89M	83.03M	82.49M	81.66M	81.24M	80.71M	80.07M	80.14M
Normalized Net Operating Profit after Tax (NOPAT)	7.68	-3.02	-6.93	15	15	-7.88	-11	3.63	4.54	-17
Normalized NOPAT Margin	3.98%	-1.99%	-4.66%	8.59%	8.68%	-5.88%	-8.07%	2.19%	2.83%	-14.66%
Pre Tax Income Margin	5.16%	3.39%	-3.87%	13.48%	17.41%	-8.14%	-9.64%	4.38%	7.65%	-24.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.42	4.89	-2.59	15.79	20.47	-6.13	-7.90	5.77	9.04	-17.31
NOPAT to Interest Expense	0.82	-1.14	-4.32	9.43	9.71	-5.16	-7.45	-0.92	2.97	-11.17
EBIT Less CapEx to Interest Expense	5.18	1.30	-3.98	14.04	18.96	-7.24	-10.82	4.63	7.12	-19.39
NOPAT Less CapEx to Interest Expense	-2.43	-4.73	-5.72	7.67	8.21	-6.27	-10.37	-2.05	1.06	-13.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	-70.08%	-130.18%	-47.39%	-45.53%	-45.27%	-7.71%

Frequently Asked Questions About Altair Engineering's Financials

When does Altair Engineering's financial year end?

According to the most recent income statement we have on file, Altair Engineering's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Altair Engineering's net income changed over the last 9 years?

Altair Engineering's net income appears to be on a downward trend, with a most recent value of $14.18 million in 2024, rising from $10.93 million in 2015. The previous period was -$8.93 million in 2023. Find out what analysts predict for Altair Engineering in the coming months.

What is Altair Engineering's operating income?

Altair Engineering's total operating income in 2024 was $17.69 million, based on the following breakdown:

Total Gross Profit: $540.99 million
Total Operating Expenses: $523.30 million

How has Altair Engineering revenue changed over the last 9 years?

Over the last 9 years, Altair Engineering's total revenue changed from $294.13 million in 2015 to $665.79 million in 2024, a change of 126.4%.

How much debt does Altair Engineering have?

Altair Engineering's total liabilities were at $588.46 million at the end of 2024, a 9.8% decrease from 2023, and a 106.2% increase since 2016.

How much cash does Altair Engineering have?

In the past 8 years, Altair Engineering's cash and equivalents has ranged from $16.87 million in 2016 to $561.90 million in 2024, and is currently $561.90 million as of their latest financial filing in 2024.

How has Altair Engineering's book value per share changed over the last 9 years?

Over the last 9 years, Altair Engineering's book value per share changed from 0.00 in 2015 to 10.08 in 2024, a change of 1,007.5%.

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This page (NASDAQ:ALTR) was last updated on 5/25/2025 by MarketBeat.com Staff

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Altair Engineering (ALTR) Financials

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