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SNPS vs. ALTR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SNPS and ALTR 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

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.

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Key characteristics

Fundamentals

Market Cap

SNPS:

$79.55B

ALTR:

$9.63B

EPS

SNPS:

$8.33

ALTR:

$0.16

PE Ratio

SNPS:

61.76

ALTR:

699.06

PEG Ratio

SNPS:

8.32

ALTR:

5.74

PS Ratio

SNPS:

13.10

ALTR:

14.47

PB Ratio

SNPS:

8.60

ALTR:

11.24

Total Revenue (TTM)

SNPS:

$4.62B

ALTR:

$492.88M

Gross Profit (TTM)

SNPS:

$3.68B

ALTR:

$391.34M

EBITDA (TTM)

SNPS:

$1.12B

ALTR:

$34.76M

Returns By Period


SNPS

YTD

5.99%

1M

23.77%

6M

-1.21%

1Y

-9.63%

5Y*

26.58%

10Y*

26.58%

ALTR

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

SNPS vs. ALTR — Risk-Adjusted Performance Rank

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

SNPS
The Risk-Adjusted Performance Rank of SNPS is 3838
Overall Rank
The Sharpe Ratio Rank of SNPS is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of SNPS is 3535
Sortino Ratio Rank
The Omega Ratio Rank of SNPS is 3636
Omega Ratio Rank
The Calmar Ratio Rank of SNPS is 3737
Calmar Ratio Rank
The Martin Ratio Rank of SNPS is 4242
Martin Ratio Rank

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
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.

SNPS vs. ALTR - Risk-Adjusted Performance 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.



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Dividends

SNPS vs. ALTR - Dividend Comparison

Neither SNPS nor ALTR has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SNPS vs. ALTR - Drawdown Comparison


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Volatility

SNPS vs. ALTR - Volatility Comparison


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Financials

SNPS vs. ALTR - Financials Comparison

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


0.00500.00M1.00B1.50BJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
1.46B
192.63M
(SNPS) Total Revenue
(ALTR) Total Revenue
Values in USD except per share items

SNPS vs. ALTR - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

72.0%74.0%76.0%78.0%80.0%82.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
81.5%
82.7%
(SNPS) Gross Margin
(ALTR) Gross Margin
SNPS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Synopsys, Inc. reported a gross profit of 1.19B and revenue of 1.46B. Therefore, the gross margin over that period was 81.5%.

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%.

SNPS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Synopsys, Inc. reported an operating income of 251.84M and revenue of 1.46B, resulting in an operating margin of 17.3%.

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%.

SNPS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Synopsys, Inc. reported a net income of 295.68M and revenue of 1.46B, resulting in a net margin of 20.3%.

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%.