ALTR vs. ALGM
Compare and contrast key facts about Altair Engineering Inc. (ALTR) and Allegro MicroSystems, Inc. (ALGM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALTR or ALGM.
Correlation
The correlation between ALTR and ALGM is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALTR vs. ALGM - Performance Comparison
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Key characteristics
Fundamentals
ALTR:
$9.63B
ALGM:
$4.99B
ALTR:
$0.16
ALGM:
-$0.39
ALTR:
14.47
ALGM:
6.89
ALTR:
11.24
ALGM:
5.37
ALTR:
$492.88M
ALGM:
$725.01M
ALTR:
$391.34M
ALGM:
$321.53M
ALTR:
$34.76M
ALGM:
-$8.39M
Returns By Period
ALTR
N/A
N/A
N/A
N/A
N/A
N/A
N/A
ALGM
24.70%
50.94%
39.87%
-9.28%
4.88%
N/A
N/A
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Risk-Adjusted Performance
ALTR vs. ALGM — Risk-Adjusted Performance Rank
ALTR
ALGM
ALTR vs. ALGM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Altair Engineering Inc. (ALTR) and Allegro MicroSystems, Inc. (ALGM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ALTR vs. ALGM - Dividend Comparison
Neither ALTR nor ALGM has paid dividends to shareholders.
Drawdowns
ALTR vs. ALGM - Drawdown Comparison
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Volatility
ALTR vs. ALGM - Volatility Comparison
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Financials
ALTR vs. ALGM - Financials Comparison
This section allows you to compare key financial metrics between Altair Engineering Inc. and Allegro MicroSystems, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALTR vs. ALGM - Profitability Comparison
ALTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Altair Engineering Inc. reported a gross profit of 159.25M and revenue of 192.63M. Therefore, the gross margin over that period was 82.7%.
ALGM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Allegro MicroSystems, Inc. reported a gross profit of 79.88M and revenue of 192.82M. Therefore, the gross margin over that period was 41.4%.
ALTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Altair Engineering Inc. reported an operating income of 10.97M and revenue of 192.63M, resulting in an operating margin of 5.7%.
ALGM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Allegro MicroSystems, Inc. reported an operating income of -13.20M and revenue of 192.82M, resulting in an operating margin of -6.8%.
ALTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Altair Engineering Inc. reported a net income of 996.00K and revenue of 192.63M, resulting in a net margin of 0.5%.
ALGM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Allegro MicroSystems, Inc. reported a net income of -14.80M and revenue of 192.82M, resulting in a net margin of -7.7%.