Altair Engineering Overview

  • Founded
  • 1985
Founded
  • Status
  • Public
  • Employees
  • 2,950
Employees
  • Stock Symbol
  • ALTR
Stock Symbol
  • Investments
  • 33
  • Share Price
  • $61.87
  • (As of Wednesday Closing)

Altair Engineering General Information

Description

Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Most of its revenue comes from the software segment within the United States.

Contact Information

Website
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Automation/Workflow Software
Other Industries
Business/Productivity Software
Other Software
Stock Exchange
NAS
Primary Office
  • 1820 East Big Beaver Road
  • Troy, MI 48083
  • United States
+1 (248) 000-0000
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Altair Engineering Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$61.87 $60.50 $23.04 - $63.14 $4.56B 73.7M 268K -$0.19

Altair Engineering Financials Summary

In Thousands,
USD
TTM 30-Sep-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 3,036,385 2,534,244 1,743,314 1,580,051
Revenue 460,357 458,915 396,379 333,333
EBITDA 33,842 31,281 41,958 (22,504)
Net Income (14,200) (7,542) 15,535 (101,941)
Total Assets 779,703 743,145 487,197 287,871
Total Debt 250,832 207,983 31,748 410
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Altair Engineering Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Altair Engineering Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product
Automation/Workflow Software
Troy, MI
2,950 As of 2019
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San Rafael, CA
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Pleasanton, CA
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Altair Engineering Competitors (76)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Autodesk Corporate Backed or Acquired San Rafael, CA 00000 0000
0000000 Formerly VC-backed Pleasanton, CA 00000 00000 00000000000 00000
00000 Formerly PE-Backed Canonsburg, PA 0000 000.00 0000 000.00
00 & 0 00000000000 Corporate Backed or Acquired Rotkreuz, Switzerland 000000&0
00000000 Venture Capital-Backed Munich, Germany 000 000.00 00000000000 000.00
You’re viewing 5 of 76 competitors. Get the full list »

Altair Engineering Executive Team (45)

Name Title Board Seat Contact Info
James Scapa Chief Executive Officer & Chairman
Howard Morof Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Brett Chouinard President, Chief Operating Officer and Board Member
Srikanth Mahalingam Chief Technology Officer
Bill Nitzberg Chief Technology Officer, PBS Works
You’re viewing 5 of 45 executive team members. Get the full list »

Altair Engineering Board Members (10)

Name Representing Role Since
Brett Chouinard Altair Engineering President, Chief Operating Officer and Board Member 000 0000
James Scapa Altair Engineering Chief Executive Officer & Chairman 000 0000
Jan Kowal Self Board Member 000 0000
Louis Crain Self Board Member 000 0000
Richard Hart JD Altair Engineering Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Altair Engineering Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Altair Engineering Investments & Acquisitions (33)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0-0000 00000000000 08-Oct-2020 000000000000000000 Media and Information Services (B2B) 00000 00000
0000000 16-Sep-2020 000000000000000000 Business/Productivity Software 00000 00000
00000 14-Sep-2020 000000000000000000 Business/Productivity Software 00000 00000
0&0000 27-Jul-2020 000000000000000000 Business/Productivity Software 00000 00000
WRAP International (WRAP Software Business) 07-May-2020 Merger/Acquisition Business/Productivity Software 00000 00000
You’re viewing 5 of 33 investments and acquisitions. Get the full list »

Altair Engineering Subsidiaries (18)

Company Name Industry Location Founded
Carriots Business/Productivity Software Madrid, Spain 2011
0000000 Business/Productivity Software Cambridge, United Kingdom 0000
000000000 Business/Productivity Software Guadalajara, Spain 0000
0000000000 000000 Application Software New York, NY 0000
00000 0000 0000000 Business/Productivity Software Athens, Greece 0000
You’re viewing 5 of 18 subsidiaries. Get the full list »