Altair Engineering (ALTR) has a profit margin of 2.13%, below the Technology sector average of 37.42%.
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+ FollowAs of Dec 2024
Trailing 12 months ending Dec 2024
Altair Engineering posts a profit margin of 2.13% as of December 2024. That compares with -1.46% in the prior-year period — up 246.1% year over year. That is below the Technology sector average of 37.42%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Altair Engineering's profit margin was -1.46%. The latest reading is 2.13% — a 246.1% year-over-year increase (period ending December 2024). Use the history and growth charts on this page for a longer lookback.
For Technology stocks, a profit margin near 37.42% is typical. Altair Engineering's 2.13% is lower that level. That is roughly 94.3% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Altair Engineering's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 2.13% as of December 2024; use YoY and peer views to separate noise from signal.
Context for ALTR's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 37.42%), and (3) consistency with growth and profitability. This page covers the first two; Altair Engineering's other metric pages and overview cover the third.