Altair Engineering Inc. Annual Return On Assets in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Altair Engineering Inc. quarterly/annual Return On Assets history and growth rate from 2018 to 2023.
  • Altair Engineering Inc. Return On Assets for the quarter ending September 30, 2024 was 2.41 %.
  • Altair Engineering Inc. annual Return On Assets for 2023 was -0.7 %, a 81.4% increase from 2022.
  • Altair Engineering Inc. annual Return On Assets for 2022 was -3.78 %, a 310% decline from 2021.
  • Altair Engineering Inc. annual Return On Assets for 2021 was -0.92 %, a 32.3% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -0.7 +3.08 +81.4% Jan 1, 2023 Dec 31, 2023
2022 -3.78 -2.86 -310% Jan 1, 2022 Dec 31, 2022
2021 -0.92 +0.44 +32.3% Jan 1, 2021 Dec 31, 2021
2020 -1.36 -0.25 -22.4% Jan 1, 2020 Dec 31, 2020
2019 -1.11 -4.85 -130% Jan 1, 2019 Dec 31, 2019
2018 3.73 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.