Altair Engineering
ALTR
#2681
Rank
$4.25 B
Marketcap
$53.10
Share price
1.57%
Change (1 day)
-15.61%
Change (1 year)

Operating Margin for Altair Engineering (ALTR)

Operating Margin as of January 2023 (TTM): -5.76%

According to Altair Engineering 's latest financial reports and stock price the company's current Operating Margin is -5.76%. At the end of 2021 the company had an Operating Margin of -0.05%.

Operating Margin history for Altair Engineering from 2017 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
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
27.46%-100.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.32%-100.44%๐Ÿ‡บ๐Ÿ‡ธ USA
48.62%-101.36%๐Ÿ‡บ๐Ÿ‡ธ USA
36.67%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
27.94%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
-51.21%-100.86%๐Ÿ‡บ๐Ÿ‡ธ USA
25.31%-102.85%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.