Formula Systems (1985) Ltd (FORTY)
77.70
+2.90
(+3.88%)
USD |
NASDAQ |
Apr 30, 16:00
77.70
0.00 (0.00%)
After-Hours: 16:38
Formula Systems Gross Profit Margin (Quarterly): 25.18% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 25.18% |
| September 30, 2023 | 24.38% |
| June 30, 2023 | 24.56% |
| March 31, 2023 | 24.15% |
| December 31, 2022 | 24.79% |
| September 30, 2022 | 24.57% |
| June 30, 2022 | 23.47% |
| March 31, 2022 | 23.95% |
| December 31, 2021 | 23.68% |
| September 30, 2021 | 24.16% |
| June 30, 2021 | 23.97% |
| March 31, 2021 | 21.93% |
| December 31, 2020 | 23.01% |
| September 30, 2020 | 23.88% |
| June 30, 2020 | 23.55% |
| March 31, 2020 | 22.12% |
| December 31, 2019 | 23.20% |
| September 30, 2019 | 22.55% |
| June 30, 2019 | 22.53% |
| March 31, 2019 | 22.45% |
| December 31, 2018 | 22.58% |
| September 30, 2018 | 22.55% |
| June 30, 2018 | 22.26% |
| March 31, 2018 | 22.32% |
| December 31, 2017 | 22.05% |
| Date | Value |
|---|---|
| September 30, 2017 | 22.14% |
| June 30, 2017 | 22.03% |
| March 31, 2017 | 21.34% |
| December 31, 2016 | 22.61% |
| September 30, 2016 | 23.82% |
| June 30, 2016 | 23.83% |
| March 31, 2016 | 23.18% |
| December 31, 2015 | 25.17% |
| September 30, 2015 | 23.19% |
| June 30, 2015 | 23.34% |
| March 31, 2015 | 23.56% |
| December 31, 2014 | 15.45% |
| September 30, 2014 | 16.17% |
| June 30, 2014 | 15.01% |
| March 31, 2014 | 19.81% |
| December 31, 2013 | 24.36% |
| September 30, 2013 | 24.42% |
| June 30, 2013 | 24.08% |
| March 31, 2013 | 24.03% |
| December 31, 2012 | 23.74% |
| September 30, 2012 | 24.96% |
| June 30, 2012 | 23.70% |
| March 31, 2012 | 23.54% |
| December 31, 2011 | 21.35% |
| September 30, 2011 | 23.58% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
21.93%
Minimum
Mar 2021
25.18%
Maximum
Dec 2023
23.66%
Average
23.88%
Median
Sep 2020
Gross Profit Margin (Quarterly) Benchmarks
| Magic Software Enterprises Ltd | 29.44% |
| MIND C.T.I. Ltd | 49.47% |
| Nayax Ltd | 39.92% |
| SatixFy Communications Ltd | 14.80% |
| Silynxcom Ltd | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 5.22% |
| Return on Assets | 2.33% |
| Return on Invested Capital | 3.51% |
| Profit Margin (Quarterly) | 2.45% |
| Operating Margin (Quarterly) | 9.42% |
| Return on Net Operating Assets | 3.01% |