Piotroski F-score
Failed
FORTY reported revenue of $2.76B and net income of $79.67M in FY2024.
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2024 | $2.76B | $79.67M |
| 2023 | $2.62B | $64.01M |
| 2022 | $2.57B | $81.39M |
7 more years are on Measure
Free, no card, and it does not expire. See what the paid plans add
Also filed under Information Technology Services, ranked by how closely they sit beside FORTY.
The assistant answers from what FORTY has actually filed: 10 annual reports filed with the SEC and 1 fund that holds it. Every figure in a reply links to the filing it came from, so an answer can be checked rather than believed.
Press one and the answer appears right here on the page, from FORTY's filings and figures. One a day without an account; a free account has its own, and no card.
Cash flow breakdown
What the business generated, and where it went
Operating cash flow
$324.45M 2024
Cash generated by the business itself
Free cash flow
$308.01M 2024
Operating cash flow minus capital expenditure
Capital expenditure
$16.44M 2024
Spending on property, plant and equipment
FORTY generated $324.45M of operating cash flow. Each figure below is what it did with that, as reported on the same statement.
Reinvested in the business
Paid to shareholders
A non-cash cost, added back above
As reported in the company's own annual filings.
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $324.45M | $294.97M | $239.14M | $209.09M | $288.14M | $196.08M | $82.6M | $81.1M | $74.96M | $87.12M |
| Capital expenditure | $16.44M | $16.68M | $22.06M | $17.35M | $16.65M | $22.38M | $11.63M | $9.57M | $9.14M | $6.77M |
| Free cash flow | $308.01M |
Financial statements
Every figure below is this company’s, as filed. Measure draws them: 10 years and 2 quarters plotted to scale, on the income statement, balance sheet and cash flow, plus the ratio and estimate sections this page does not carry.
Free, no card, and it does not expire. See what the paid plans add
Gross profit
Plotted to scale onMeasure
Revenue
Plotted to scale onMeasure
Net income
Plotted to scale onMeasure
As reported in the company's own annual filings.
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.76B | $2.62B | $2.57B | $2.4B | $1.93B | $1.7B | $1.49B | $1.36B | $1.11B | $973.19M |
| Cost of revenue | $2.07B | $1.98B | $1.95B | $1.84B | $1.49B | $1.32B | $1.16B | $1.06B | $849.84M | $741.27M |
| Gross profit | $684.68M | $643.71M |
Total assets
Plotted to scale onMeasure
Total liabilities
Plotted to scale onMeasure
Shareholder equity
Plotted to scale onMeasure
Cash
Plotted to scale onMeasure
Current assets
Plotted to scale onMeasure
Current liabilities
Plotted to scale onMeasure
As reported in the company's own annual filings.
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.01B | $2.81B | $2.79B | $2.75B | $2.52B | $2.09B | $1.66B | $1.56B | $1.35B | - |
| Current assets | $1.49B | $1.38B | $1.37B | $1.3B | $1.16B | $965.5M | $781.1M | $694.8M | $633.66M | - |
| Cash | $507.8M | $451.95M |
Return on equity
Plotted to scale onMeasure
Computed from the filed figures above.
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | 5.73% | 4.89% | 6.92% | 4.63% | 4.22% | 4.33% | 4.02% | 1.34% | 3.10% | 2.81% |
| Return on invested capital | - | - | - | - | 15.39% | 15.45% | 13.61% | 9.42% | 12.23% | 10.76% |
| Revenue growth | 5.21% | 1.89% | 6.99% | 24.33% | 13.69% |
P/E ratio
Plotted to scale onMeasure
Computed against the closing price on each fiscal year end, not reported by the company.
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | $1.39B | $1.01B | $1.1B | - | - | - | - | - | - | - |
| Enterprise value | $999.12M | $730.68M | $554.67M | - | - | - | - | - | - | - |
| Price at year end | $89.00 | $65.31 | $70.89 | $123.97 | $85.50 | $67.78 |
Derived from SEC XBRL filings. Not investment advice.
See every filed year for FORTY, quarter by quarter.
Ten seconds. No card. Nothing to cancel.
Be told the next time FORTY files
Watch FORTY and every quarterly and annual report, material 8-K, open-market Form 4 worth a row and tracked manager's change lands in the bell and a daily email. Free.
See all 10 filed years plotted, not just read
Every annual statement FORTY has filed is on this page as figures. Drawn to scale, a trend over the whole record is something you can see rather than something you have to add up.
The charts, to scaleMeasure
Catch a turn before the year confirms it
Revenue, margins and cash flow quarter by quarter, where a change in direction shows up first.
Quarterly statementsMeasure
Ask why a number moved, get the filing back
Why a margin moved, where the cash went: answered from FORTY's own statements, not a guess.
Free, no card, and it does not expire.
| $278.29M |
| $217.07M |
| $191.74M |
| $271.49M |
| $173.7M |
| $70.97M |
| $71.52M |
| $65.82M |
| $80.35M |
| Stock-based compensation | $16.16M | $18.62M | $14.95M | $14.77M | $7.78M | $3.87M | $3.98M | $4.55M | $4.39M | $4.87M |
|---|
| Dividends paid | $18.81M | $9.93M | $21.78M | $22.08M | $14.94M | $12.97M | $5.01M | $12.08M | $10.01M | $12.89M |
|---|
| $622.47M |
| $563.86M |
| $447.43M |
| $386.05M |
| $333.31M |
| $296.82M |
| $258.78M |
| $231.92M |
| Research and development | $84.38M | $77.97M | $72.13M | $65.86M | $52.6M | $46.69M | $41.22M | $39.85M | $22.33M | $15.12M |
|---|
| Selling, general and administrative | $335.15M | $326.38M | $317.96M | $289.99M | $224.19M | $200.87M | $182.47M | $184.16M | $147.95M | $140.94M |
|---|
| Operating income | - | - | - | - | $170.64M | $138.49M | $109.62M | $72.81M | $88.5M | $75.87M |
|---|
| Net income | $79.67M | $64.01M | $81.39M | $54.59M | $46.78M | $38.82M | $32.37M | $10.35M | $22.45M | $19.83M |
|---|
| Diluted EPS | $5.09 | $4.12 | $5.21 | $3.50 | $3.01 | $2.44 | $2.14 | $0.68 | $1.49 | $1.33 |
|---|
| Diluted shares | 15.64M | 15.5M | 15.5M | - | - | - | - | - | - | - |
|---|
| Gross margin | 24.83% | 24.56% | 24.20% | 23.45% | 23.14% | 22.69% | 22.33% | 21.90% | 23.34% | 23.83% |
|---|
| Operating margin | - | - | - | - | 8.82% | 8.14% | 7.34% | 5.37% | 7.98% | 7.80% |
|---|
| Net margin | 2.89% | 2.44% | 3.16% | 2.27% | 2.42% | 2.28% | 2.17% | 0.76% | 2.02% | 2.04% |
|---|
| $544.34M |
| $485.39M |
| $501.65M |
| $368.67M |
| $268.49M |
| $245.95M |
| $238.16M |
| $249.14M |
| Short-term investments | - | - | $738K | $1.14M | $1.24M | $6.6M | $9.91M | $14.14M | $37.52M | - |
|---|
| Total liabilities | $1.63B | $1.5B | $1.62B | $1.57B | $1.41B | $1.19B | $859.15M | $790.72M | $630.68M | - |
|---|
| Current liabilities | $1.14B | $985.66M | $1B | $947.6M | $779.9M | $671.39M | $525.53M | $432.95M | $359.04M | - |
|---|
| Total debt | $115.23M | $170.45M | - | - | - | - | - | - | - | - |
|---|
| Shareholder equity | $1.39B | $1.31B | $1.18B | $1.18B | $1.11B | $896.33M | $805.4M | $772.92M | $723.84M | $705.28M |
|---|
| 13.94% |
| 10.17% |
| 22.24% |
| 13.92% |
| - |
| EPS growth | 23.54% | −20.92% | 48.86% | 16.28% | 23.36% | 14.02% | 214.71% | −54.36% | 12.03% | - |
|---|
| $35.19 |
| $39.43 |
| $38.38 |
| $24.80 |
| P/E ratio | 17.49 | 15.85 | 13.61 | 35.42 | 28.41 | 27.78 | 16.44 | 57.98 | 25.76 | 18.65 |
|---|
| Price to free cash flow | 4.52 | 3.64 | 5.06 | - | - | - | - | - | - | - |
|---|