• Altair Engineering average operating margin for 2023 was -2.94%, a 416.13% decline from 2022.
• Altair Engineering average operating margin for 2022 was 0.93%, a 66.67% decline from 2021.
• Altair Engineering average operating margin for 2021 was 2.79%, a 116.28% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.