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Formula Systems (1985) (Formula Systems (1985)) Net Margin % : 2.38% (As of Sep. 2023)


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What is Formula Systems (1985) Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Formula Systems (1985)'s Net Income for the three months ended in Sep. 2023 was $16 Mil. Formula Systems (1985)'s Revenue for the three months ended in Sep. 2023 was $655 Mil. Therefore, Formula Systems (1985)'s net margin for the quarter that ended in Sep. 2023 was 2.38%.

The historical rank and industry rank for Formula Systems (1985)'s Net Margin % or its related term are showing as below:

FORTY' s Net Margin % Range Over the Past 10 Years
Min: 0.76   Med: 2.28   Max: 12.7
Current: 2.41


FORTY's Net Margin % is ranked better than
52.88% of 2761 companies
in the Software industry
Industry Median: 1.72 vs FORTY: 2.41

Formula Systems (1985) Net Margin % Historical Data

The historical data trend for Formula Systems (1985)'s Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Formula Systems (1985) Net Margin % Chart

Formula Systems (1985) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.28 2.42 2.27 3.16

Formula Systems (1985) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 2.33 2.34 2.60 2.38

Competitive Comparison of Formula Systems (1985)'s Net Margin %

For the Information Technology Services subindustry, Formula Systems (1985)'s Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Formula Systems (1985)'s Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Formula Systems (1985)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where Formula Systems (1985)'s Net Margin % falls into.



Formula Systems (1985) Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Formula Systems (1985)'s Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=81.393/2572.357
=3.16 %

Formula Systems (1985)'s Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=15.596/654.839
=2.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Formula Systems (1985)  (NAS:FORTY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Formula Systems (1985) Net Margin % Related Terms

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Formula Systems (1985) (Formula Systems (1985)) Business Description

Traded in Other Exchanges
Address
Yahadut Canada 1 Street, Or Yehuda, Tel Aviv, ISR, 6037501
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.