PortfoliosLab logo
ALTR vs. ANET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ALTR and ANET is 0.55, 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. ANET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altair Engineering Inc. (ALTR) and Arista Networks, Inc. (ANET). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Fundamentals

Market Cap

ALTR:

$9.63B

ANET:

$121.45B

EPS

ALTR:

$0.16

ANET:

$2.37

PE Ratio

ALTR:

699.06

ANET:

40.80

PEG Ratio

ALTR:

5.74

ANET:

2.61

PS Ratio

ALTR:

14.47

ANET:

16.33

PB Ratio

ALTR:

11.24

ANET:

12.00

Total Revenue (TTM)

ALTR:

$492.88M

ANET:

$7.44B

Gross Profit (TTM)

ALTR:

$391.34M

ANET:

$4.77B

EBITDA (TTM)

ALTR:

$34.76M

ANET:

$3.20B

Returns By Period


ALTR

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

3Y*

N/A

5Y*

N/A

10Y*

N/A

ANET

YTD

-13.44%

1M

34.37%

6M

1.32%

1Y

19.82%

3Y*

55.06%

5Y*

46.99%

10Y*

36.36%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Altair Engineering Inc.

Arista Networks, Inc.

Risk-Adjusted Performance

ALTR vs. ANET — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALTR
The Risk-Adjusted Performance Rank of ALTR is 8686
Overall Rank
The Sharpe Ratio Rank of ALTR is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of ALTR is 8383
Sortino Ratio Rank
The Omega Ratio Rank of ALTR is 8484
Omega Ratio Rank
The Calmar Ratio Rank of ALTR is 9191
Calmar Ratio Rank
The Martin Ratio Rank of ALTR is 8686
Martin Ratio Rank

ANET
The Risk-Adjusted Performance Rank of ANET is 6464
Overall Rank
The Sharpe Ratio Rank of ANET is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of ANET is 6161
Sortino Ratio Rank
The Omega Ratio Rank of ANET is 6363
Omega Ratio Rank
The Calmar Ratio Rank of ANET is 6868
Calmar Ratio Rank
The Martin Ratio Rank of ANET is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ALTR vs. ANET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Altair Engineering Inc. (ALTR) and Arista Networks, Inc. (ANET). 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.



Loading data...

Dividends

ALTR vs. ANET - Dividend Comparison

Neither ALTR nor ANET has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ALTR vs. ANET - Drawdown Comparison


Loading data...

Volatility

ALTR vs. ANET - Volatility Comparison


Loading data...

Financials

ALTR vs. ANET - Financials Comparison

This section allows you to compare key financial metrics between Altair Engineering Inc. and Arista Networks, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B2.00B20212022202320242025
192.63M
2.00B
(ALTR) Total Revenue
(ANET) Total Revenue
Values in USD except per share items

ALTR vs. ANET - Profitability Comparison

The chart below illustrates the profitability comparison between Altair Engineering Inc. and Arista Networks, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

60.0%65.0%70.0%75.0%80.0%20212022202320242025
82.7%
63.7%
(ALTR) Gross Margin
(ANET) Gross Margin
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%.

ANET - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Arista Networks, Inc. reported a gross profit of 1.28B and revenue of 2.00B. Therefore, the gross margin over that period was 63.7%.

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%.

ANET - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Arista Networks, Inc. reported an operating income of 858.80M and revenue of 2.00B, resulting in an operating margin of 42.8%.

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%.

ANET - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Arista Networks, Inc. reported a net income of 813.80M and revenue of 2.00B, resulting in a net margin of 40.6%.