Altair Engineering
ALTR
#2082
Rank
$6.83 B
Marketcap
$82.32
Share price
1.92%
Change (1 day)
16.92%
Change (1 year)

Operating Margin for Altair Engineering (ALTR)

Operating Margin as of April 2024 (TTM): -2.82%

According to Altair Engineering 's latest financial reports and stock price the company's current Operating Margin is -2.82%. At the end of 2022 the company had an Operating Margin of -4.93%.

Operating Margin history for Altair Engineering from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-4.93%9010.68%
2021-0.05%-112.52%
20200.43%-41.43%
20190.74%-89.17%
20186.82%-162.41%
2017-10.92%-349.72%
20164.37%9.51%
20153.99%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.31%-536.52%๐Ÿ‡บ๐Ÿ‡ธ USA
3.08%-209.22%๐Ÿ‡บ๐Ÿ‡ธ USA
50.08%-1,875.89%๐Ÿ‡บ๐Ÿ‡ธ USA
36.67%-1,400.52%๐Ÿ‡บ๐Ÿ‡ธ USA
27.94%-1,090.90%๐Ÿ‡บ๐Ÿ‡ธ USA
-51.21% 1,715.96%๐Ÿ‡บ๐Ÿ‡ธ USA
29.18%-1,134.75%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.