SNPS vs. ALTR

Last updated Apr 1, 2026

Compare and contrast key facts about Synopsys, Inc. (SNPS) and Altair Engineering Inc. (ALTR).

Performance

SNPS vs. ALTR - Performance Comparison

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

SNPS vs. ALTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNPS Synopsys, Inc.	-15.59%	-3.22%	-5.74%	61.27%	-13.35%	42.15%	86.24%	65.24%	-1.17%	-1.02%
ALTR Altair Engineering Inc.	0.00%	2.51%	29.66%	85.07%	-41.19%	32.90%	62.02%	30.20%	15.30%	30.64%

Fundamentals

Total Revenue (TTM) SNPS : $8.01B ALTR : $665.79M
Gross Profit (TTM) SNPS : $6.02B ALTR : $533.36M
EBITDA (TTM) SNPS : $2.35B ALTR : $65.46M

Returns By Period

SNPS

• 1D: 3.48%
• 1M: -4.23%
• YTD: -15.59%
• 6M: -19.64%
• 1Y: -7.55%
• 3Y*: 0.88%
• 5Y*: 9.29%
• 10Y*: 23.18%

ALTR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SNPS vs. ALTR — Risk / Return Rank

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

SNPS

SNPS Risk / Return Rank: 36
SNPS Sharpe Ratio Rank: 36
SNPS Sortino Ratio Rank: 36
SNPS Omega Ratio Rank: 38
SNPS Calmar Ratio Rank: 35
SNPS Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SNPS vs. ALTR - Risk-Adjusted Trends Comparison

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

	SNPS	ALTR	Difference
Sharpe ratio Return per unit of total volatility	-0.13	—	—
Sortino ratio Return per unit of downside risk	0.23	—	—
Omega ratio Gain probability vs. loss probability	1.04	—	—
Calmar ratio Return relative to maximum drawdown	-0.23	—	—
Martin ratio Return relative to average drawdown	-0.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SNPS	ALTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.13	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Correlation

The correlation between SNPS and ALTR is 0.52, 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.

Dividends

SNPS vs. ALTR - Dividend Comparison

Neither SNPS nor ALTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	SNPS	ALTR	Difference
Max Drawdown Largest peak-to-trough decline	-60.95%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-41.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.04%	—	—
Current Drawdown Current decline from peak	-38.56%	—	—
Average Drawdown Average peak-to-trough decline	-20.25%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	23.28%	—	—

Volatility

Volatility by Period

	SNPS	ALTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.19%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.57%	—	—

Financials