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| Date | Value |
|---|---|
| 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 |