Altair Engineering Inc (ALTR)
83.61
+0.44
(+0.52%)
USD |
NASDAQ |
Apr 26, 16:00
83.61
0.00 (0.00%)
After-Hours: 19:20
Altair Engineering Gross Profit Margin (Quarterly): 82.99% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 82.99% |
| September 30, 2023 | 78.29% |
| June 30, 2023 | 78.18% |
| March 31, 2023 | 80.28% |
| December 31, 2022 | 78.90% |
| September 30, 2022 | 76.62% |
| June 30, 2022 | 77.74% |
| March 31, 2022 | 80.22% |
| December 31, 2021 | 76.71% |
| September 30, 2021 | 74.03% |
| June 30, 2021 | 73.36% |
| March 31, 2021 | 77.74% |
| December 31, 2020 | 75.50% |
| September 30, 2020 | 72.72% |
| June 30, 2020 | 74.55% |
| Date | Value |
|---|---|
| March 31, 2020 | 73.76% |
| December 31, 2019 | 70.17% |
| September 30, 2019 | 68.39% |
| June 30, 2019 | 70.94% |
| March 31, 2019 | 74.28% |
| December 31, 2018 | 70.61% |
| September 30, 2018 | 68.64% |
| June 30, 2018 | 68.45% |
| March 31, 2018 | 74.36% |
| December 31, 2017 | 70.38% |
| September 30, 2017 | 69.03% |
| June 30, 2017 | 67.03% |
| March 31, 2017 | 65.20% |
| December 31, 2016 | 68.35% |
| September 30, 2016 | 67.17% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
68.39%
Minimum
Sep 2019
82.99%
Maximum
Dec 2023
75.85%
Average
76.62%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| ePlus Inc | 26.29% |
| DecisionPoint Systems Inc | 24.73% |
| Upland Software Inc | 67.15% |
| Red Violet Inc | 77.84% |
| Strong Global Entertainment Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -1.42% |
| Return on Assets | -0.71% |
| Return on Invested Capital | -0.95% |
| Profit Margin (Quarterly) | 11.47% |
| Operating Margin (Quarterly) | 13.17% |
| Return on Net Operating Assets | -1.15% |