Formula Systems (1985) annual gross margin
2009
2010
2011
2012
2013
2014
2015
2017
2018
2019
2020
2021
2022
2023
2024
Formula Systems (1985) Gross Margin Growth & History (FORTY)
Formula Systems (1985)'s gross margin was 24.83% for fiscal 2024.
View full Formula Systems (1985) company overviewFormula Systems (1985) annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 24.83% | +0.27 pp |
| 2023 | 2023-12-31 | 24.56% | +0.36 pp |
| 2022 | 2022-12-31 | 24.20% | +0.75 pp |
| 2021 | 2021-12-31 | 23.45% | +0.32 pp |
| 2020 | 2020-12-31 | 23.14% | +0.44 pp |
| 2019 | 2019-12-31 | 22.69% | +0.37 pp |
| 2018 | 2018-12-31 | 22.33% | +0.42 pp |
| 2017 | 2017-12-31 | 21.90% | −1.93 pp |
| 2015 | 2015-12-31 | 23.83% | +7.12 pp |
| 2014 | 2014-12-31 | 16.71% | −7.52 pp |
| 2013 | 2013-12-31 | 24.22% | +0.24 pp |
| 2012 | 2012-12-31 | 23.98% | +0.92 pp |
| 2011 | 2011-12-31 | 23.06% | −1.90 pp |
| 2010 | 2010-12-31 | 24.96% | +0.02 pp |
| 2009 | 2009-12-31 | 24.95% | — |
Formula Systems (1985) quarterly gross margin
Q3.17
Q3.18
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2018 | 2018-09-30 | 22.13% | — |
| Q3 2017 | 2017-09-30 | 22.14% | — |
Formula Systems (1985) gross margin trends
Over the last five reported fiscal years, Formula Systems (1985)'s gross margin increased from 22.69% to 24.83%, a change of +2.14 percentage points. The latest reported quarter, Q3 2018, shows 22.13%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Formula Systems (1985) filings at SEC.gov ↗