Altair Engineering (FRA:8A2) 3-Year EBITDA Growth Rate : 12.00% (As of Mar. 2024)

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What is Altair Engineering 3-Year EBITDA Growth Rate?

Altair Engineering's EBITDA per Share for the three months ended in Mar. 2024 was €0.35.

During the past 12 months, Altair Engineering's average EBITDA Per Share Growth Rate was 2060.00% per year. During the past 3 years, the average EBITDA Per Share Growth Rate was 12.00% per year. During the past 5 years, the average EBITDA Per Share Growth Rate was -5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

During the past 9 years, the highest 3-Year average EBITDA Per Share Growth Rate of Altair Engineering was 12.00% per year. The lowest was -30.50% per year. And the median was -4.30% per year.

Competitive Comparison of Altair Engineering's 3-Year EBITDA Growth Rate

For the Software - Infrastructure subindustry, Altair Engineering's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Altair Engineering's 3-Year EBITDA Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Altair Engineering's 3-Year EBITDA Growth Rate distribution charts can be found below:

* The bar in red indicates where Altair Engineering's 3-Year EBITDA Growth Rate falls into.

Altair Engineering 3-Year EBITDA Growth Rate Calculation

This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

Altair Engineering (FRA:8A2) 3-Year EBITDA Growth Rate Explanation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Altair Engineering 3-Year EBITDA Growth Rate Related Terms

Thank you for viewing the detailed overview of Altair Engineering's 3-Year EBITDA Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Altair Engineering (FRA:8A2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altair Engineering Inc (FRA:8A2) » Definitions » 3-Year EBITDA Growth Rate

Comparable Companies

DLO TENB RELY AFRM S WIX INFA TDC QLYS FIVN MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

ALTR:USA ALTR:Mexico 8A2:Germany

Address

1820 East Big Beaver Road, Troy, MI, USA, 48083

Website

https://www.altair.com

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. Majority of its revenue comes from the software segment.

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