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