Altair Engineering Inc
Altair Engineering Inc., together with its subsidiaries, develops and offers software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates through two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, h… Read more
Market Cap & Net Worth: Altair Engineering Inc (ALTR)
Altair Engineering Inc (NASDAQ:ALTR) has a market capitalization of $6.79 Billion ($6.79 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #2634 globally and #1829 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Altair Engineering Inc's stock price $111.85 by its total outstanding shares 60730600 (60.73 Million).
Altair Engineering Inc Market Cap History: 2017 to 2025
Altair Engineering Inc's market capitalization history from 2017 to 2025. Data shows growth from $1.45 Billion to $6.79 Billion (27.71% CAGR).
Altair Engineering Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Altair Engineering Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
9.95x
Altair Engineering Inc's market cap is 9.95 times its annual revenue
1.98x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
467.46x
Altair Engineering Inc's market cap is 467.46 times its annual earnings
19.85x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $1.45 Billion | $333.33 Million | -$99.41 Million | 4.36x | N/A |
| 2018 | $1.67 Billion | $396.38 Million | $13.71 Million | 4.23x | 122.13x |
| 2019 | $2.18 Billion | $458.92 Million | -$7.54 Million | 4.75x | N/A |
| 2020 | $3.53 Billion | $469.92 Million | -$10.50 Million | 7.52x | N/A |
| 2021 | $4.70 Billion | $532.18 Million | -$8.79 Million | 8.82x | N/A |
| 2022 | $2.76 Billion | $572.22 Million | -$43.43 Million | 4.83x | N/A |
| 2023 | $5.11 Billion | $612.70 Million | -$8.93 Million | 8.34x | N/A |
| 2024 | $6.63 Billion | $665.79 Million | $14.18 Million | 9.95x | 467.46x |
Competitor Companies of ALTR by Market Capitalization
Companies near Altair Engineering Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Altair Engineering Inc by market ranking:
- SAP SE (PINK:SAPGF): Ranked #61 globally with a market cap of $238.59 Billion USD.
- Shopify Inc (NYSE:SHOP): Ranked #75 globally with a market cap of $196.50 Billion USD.
- Salesforce.com Inc (NYSE:CRM): Ranked #86 globally with a market cap of $180.61 Billion USD.
- Uber Technologies Inc (NYSE:UBER): Ranked #118 globally with a market cap of $150.35 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #61 | SAP SE | PINK:SAPGF | $238.59 Billion | $246.20 |
| #75 | Shopify Inc | NYSE:SHOP | $196.50 Billion | $161.08 |
| #86 | Salesforce.com Inc | NYSE:CRM | $180.61 Billion | $198.34 |
| #118 | Uber Technologies Inc | NYSE:UBER | $150.35 Billion | $74.66 |
Altair Engineering Inc Historical Marketcap From 2017 to 2025
Between 2017 and today, Altair Engineering Inc's market cap moved from $1.45 Billion to $ 6.79 Billion, with a yearly change of 27.71%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $6.79 Billion | +2.51% |
| 2024 | $6.63 Billion | +29.66% |
| 2023 | $5.11 Billion | +85.07% |
| 2022 | $2.76 Billion | -41.19% |
| 2021 | $4.70 Billion | +32.90% |
| 2020 | $3.53 Billion | +62.02% |
| 2019 | $2.18 Billion | +30.20% |
| 2018 | $1.67 Billion | +15.30% |
| 2017 | $1.45 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Altair Engineering Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.79 Billion USD |
| MoneyControl | $6.79 Billion USD |
| MarketWatch | $6.79 Billion USD |
| marketcap.company | $6.79 Billion USD |
| Reuters | $6.79 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.