Altair Engineering ALTR
Cybersecurity Data & Analytics Enterprise Software B2B SaaS Security

Altair Engineering trades at 12.9x EV/NTM revenue on a $9.03B enterprise value. Revenue grew 12.3% year over year to $192.6M in the quarter ending December 2024, an annual run rate of $770.0M. Altair Engineering reports a 82.7% gross margin and 11.0-month CAC payback.

ARR ($M)
770
Net Dollar Retention
--
ARR Growth
12.2%
EV / NTM Revenue
12.9x
Payback Period
11.0
EV / Run Rate
11.7x
Price & Key Metrics
Price Performance
Company Details
Share Price: 111.85
Last Filing Date: 2024-12-31
Last Filing: Form
Founding Year: 2017
IPO Year: 2017
Description
ALTR is the only automated data access governance and data security solution that allows users to easily control and protect sensitive data in the cloud – to minimize risks sooner and unlock value faster.  ALTR’s partner ecosystem integrations enable scalable on-premises-to-cloud protection.
Reporting Notes
Categories
Cybersecurity Data & Analytics Enterprise Software B2B SaaS Security
Valuation
Market Cap: 9,596.148
Enterprise Value: 9,034.25
EV / Revenue Run Rate: 11.7x
EV / NTM Revenue: 12.9x
EV / 2026 Revenue Estimates: --
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 770
ARR Growth %: 12%
ARR/Customer ($K): --
ARR/Employee ($K): 233
Revenue
Revenue Run Rate: 770
ARR: 770
2026 Revenue Estimates: --
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 665
Last Year Run Rate: 686
Growth
Revenue Growth: 12%
ARR Growth: 12%
Growth Persistence: 179%
2026 Revenue Growth Estimates: --
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Altair Engineering growing?

Altair Engineering grew revenue 12.3% year over year, reaching $192.6M in the quarter ending December 2024.

What multiple does Altair Engineering trade at?

Altair Engineering trades at 12.9x EV/NTM revenue and 11.7x EV/run-rate, on an enterprise value of $9.03B.

Is Altair Engineering profitable?

For Altair Engineering, operating income was $11.0M last quarter and LTM free cash flow margin is 20.9%.

How long does it take Altair Engineering to pay back CAC?

Altair Engineering recovers customer acquisition cost in about 11.0 months.

What sector is Altair Engineering in?

Public Comps classifies Altair Engineering under Cybersecurity, Data & Analytics, Enterprise Software, B2B SaaS, and Security.

Where does Public Comps get Altair Engineering's data?

Figures come from Altair Engineering's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.