FORMULA SYSTEMS (1985) LTD. (FORTY) Gross margin 2015–2024
FORMULA SYSTEMS (1985) LTD. (FORTY) gross margin by fiscal year — reported gross profit divided by reported revenue.
24.8%FY2024 · since FY2015: 23.8% → 24.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | 24.8% | +0.3 pp |
| FY2023 | 24.6% | +0.4 pp |
| FY2022 | 24.2% | +0.7 pp |
| FY2021 | 23.5% | +0.3 pp |
| FY2020 | 23.1% | +0.4 pp |
| FY2019 | 22.7% | +0.4 pp |
| FY2018 | 22.3% | +0.4 pp |
| FY2017 | 21.9% | -1.4 pp |
| FY2016 | 23.3% | -0.5 pp |
| FY2015 | 23.8% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice
More FORTY financial trends
FORTY RevenueFORTY Net incomeFORTY Net marginFORTY Gross profitFORTY Operating incomeFORTY Operating marginFORTY Operating cash flowFORTY Free cash flowFORTY Capital expendituresFORTY Return on equityFORTY Stock buybacksFORTY Dividends paidFORTY Total assetsFORTY Total liabilitiesFORTY Shareholders’ equityFORTY overview →