Altair Engineering Inc (ALTR)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	32,630	52,539	36,507	28,662	12,619	-4,959	-22,725	-38,998	-28,213	-37,801	-14,219	3,369	-288	1,407	919	5,751	2,032	-135	-7,205	-3,037
Revenue (ttm)	US$ in thousands	665,788	644,660	627,213	619,579	612,701	601,631	586,979	578,474	572,221	552,585	554,541	541,797	532,179	524,823	509,972	488,621	469,921	460,357	454,307	462,519
Pretax margin		4.90%	8.15%	5.82%	4.63%	2.06%	-0.82%	-3.87%	-6.74%	-4.93%	-6.84%	-2.56%	0.62%	-0.05%	0.27%	0.18%	1.18%	0.43%	-0.03%	-1.59%	-0.66%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $32,630K ÷ $665,788K
= 4.90%

Altair Engineering Inc's pretax margin, a measure of profitability, has fluctuated over the periods provided in the dataset. The company showed negative pretax margins in the first half of 2022, with the lowest at -6.84% in September 2022. However, the pretax margin started improving in the second half of 2023 and significantly increased to 8.15% by September 30, 2024. This improvement suggests that Altair Engineering Inc was able to enhance its operational efficiency and generate higher profits relative to its revenue. Additionally, the company maintained a positive pretax margin in the last quarter of 2024 at 4.90%, indicating sustained profitability going forward. Continued monitoring of this metric will be essential to assess the company's financial health and performance in the upcoming periods.