Forian (FORA) Equity Ratio (2019 - 2026)

Forian (FORA) reported Equity Ratio of 0.69 for Q1 2026, up 12.04% on a YoY basis from 0.62 in Q1 2025, and up 2.66% quarter-over-quarter from 0.67 in Q4 2025.

Forian (FORA) Equity Ratio (2019 - 2026) Analysis & Trends

Forian has reported Equity Ratio for 8 years, with the latest figure at 0.69 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 12.04% year-over-year to 0.69; the trailing twelve-month figure through Mar 2026 stood at 0.69 (up 12.04% YoY), and the FY2025 full-year result was 0.67, up 5.91% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.69, up from 0.67 in the prior quarter.
  • The five-year high for Equity Ratio was 0.75 in Q3 2025, with the low at 0.29 in Q4 2022.
  • Historically, Equity Ratio has averaged 0.5 across 5 years, with a median of 0.47 in 2023.
  • Annual changes were most pronounced in 2022 — Equity Ratio sank 58.59% — and 2023, when it soared 59.57%.
  • Forian's Equity Ratio stood at 0.29 in 2022, then surged by 59.57% to 0.46 in 2023, then surged by 38.85% to 0.64 in 2024, then increased by 5.91% to 0.67 in 2025, then increased by 2.66% to 0.69 in 2026.
  • The last three Equity Ratio figures came in at 0.69 (Q1 2026), 0.67 (Q4 2025), and 0.75 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Veeva Systems 27.35 Bn 20.79 Bn 662.02 Mn 0.80
2 BrightSpring Health Services 12.12 Bn 11.24 Bn 482.22 Mn 0.32
3 Healthequity 7.42 Bn 7.15 Bn 256.31 Mn 0.62
4 Hinge Health 4.95 Bn 4.64 Bn 154.23 Mn 0.15
5 Doximity 3.80 Bn 3.05 Bn 125.97 Mn 0.85
6 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 0.80
7 Waystar Holding 3.65 Bn 3.49 Bn 268.04 Mn 0.67
8 Privia Health 2.66 Bn 2.29 Bn 595.71 Mn 0.53
9 Omnicell 1.90 Bn 1.73 Bn 140.36 Mn 0.63
10 Forian 67.60 Mn 36.65 Mn 2.01 Mn 0.69

Historic Data

Download Data
DateValue
Mar 31, 2026 0.69
Dec 31, 2025 0.67
Sep 30, 2025 0.75
Jun 30, 2025 0.64
Mar 31, 2025 0.62
Dec 31, 2024 0.64
Sep 30, 2024 0.49
Jun 30, 2024 0.47
Mar 31, 2024 0.49
Dec 31, 2023 0.46
Sep 30, 2023 0.47
Jun 30, 2023 0.39
Mar 31, 2023 0.38
Dec 31, 2022 0.29
Sep 30, 2022 0.30
Jun 30, 2022 0.35
Mar 31, 2022 0.39
Dec 31, 2021 0.44
Sep 30, 2021 0.50
Jun 30, 2021 0.84