Altair Engineering Inc (ALTR)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	14,175	32,854	26,713	9,580	-8,926	-16,536	-45,422	-56,916	-43,429	-56,891	-31,752	-11,626	-8,794	-5,199	-5,595	-2,170	-10,500	-14,200	-21,634	-14,531
Total stockholders’ equity	US$ in thousands	857,189	836,900	791,306	762,928	711,331	634,118	620,215	606,905	569,736	535,529	558,172	619,209	613,981	603,046	400,129	399,813	379,370	360,239	355,734	358,497
ROE		1.65%	3.93%	3.38%	1.26%	-1.25%	-2.61%	-7.32%	-9.38%	-7.62%	-10.62%	-5.69%	-1.88%	-1.43%	-0.86%	-1.40%	-0.54%	-2.77%	-3.94%	-6.08%	-4.05%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $14,175K ÷ $857,189K
= 1.65%

Altair Engineering Inc's return on equity (ROE) has shown a mixed performance over the quarters analyzed. The ROE was negative throughout the fiscal year 2020 and continued to be negative in the first half of 2021, indicating that the company was not generating significant profits relative to its equity during that period.

However, there was a noticeable improvement in ROE starting from the first quarter of 2024, where it turned positive at 1.26% and gradually increased in the subsequent quarters, reaching a peak of 3.93% by the end of September 2024.

The positive trend in ROE from 2024 indicates that Altair Engineering Inc was able to enhance its profitability in relation to the shareholders' equity during that period. This improvement could be attributed to better financial management, operational efficiency, or increased revenue generation.

It is important for investors and stakeholders to monitor Altair Engineering Inc's ROE over time to assess the company's ability to generate returns for shareholders and to ensure continued financial stability and growth.