Altair Engineering (ALTR) has a profit margin of 2.13%, below the Technology sector average of 36.35%.
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+ FollowAs of Dec 2024
Trailing 12 months ending Dec 2024
The latest profit margin for ALTR is 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 36.35%. Investors often review this figure alongside Altair Engineering's historical trend and sector peers before judging valuation or financial health.
Over the past year, ALTR's profit margin moved from -1.46% to 2.13% — a 246.1% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Altair Engineering's valuation or profitability profile.
Against Technology companies, ALTR currently prints 2.13% for profit margin, while the sector average sits near 36.35%. That is roughly 94.1% below the sector mean. Large gaps often invite a closer look at Altair Engineering's growth, margins, and balance sheet.
Profit Margin shows how effectively Altair Engineering converts resources into returns. At 2.13%, ALTR may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with -1.46% in the prior-year period — up 246.1% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.
After noting ALTR's profit margin (2.13%), review year-over-year change from -1.46%, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.