Formula Systems (1985) (FORTY) Equity Ratio (2010 - 2025)

Formula Systems (1985) (FORTY) reported Equity Ratio of 0.38 for Q4 2025, up 67.61% on a YoY basis from 0.23 in Q4 2024, and up 67.61% quarter-over-quarter from 0.23 in Q4 2024.

Formula Systems (1985) (FORTY) Equity Ratio (2010 - 2025) Analysis & Trends

Formula Systems (1985) has reported Equity Ratio for 16 years, with the latest figure at 0.38 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio rose 67.61% year-over-year to 0.38; the trailing twelve-month figure through Dec 2025 stood at 0.38 (up 67.61% YoY), and the FY2025 full-year result was 0.38, up 67.61% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.38, up from 0.23 in the prior quarter.
  • The five-year high for Equity Ratio was 351.86 in Q4 2021, with the low at 0.23 in Q4 2024.
  • Historically, Equity Ratio has averaged 58.97 across 5 years, with a median of 0.44 in 2022.
  • Annual changes were most pronounced in 2021 — Equity Ratio surged 79889.29% — and 2022, when it tumbled 99.88%.
  • Formula Systems (1985)'s Equity Ratio stood at 351.86 in 2021, then plunged by 99.88% to 0.42 in 2022, then increased by 10.42% to 0.47 in 2023, then tumbled by 51.55% to 0.23 in 2024, then jumped by 67.61% to 0.38 in 2025.
  • The last three Equity Ratio figures came in at 0.38 (Q4 2025), 0.23 (Q4 2024), and 0.47 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 0.21
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 0.47
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 0.74
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 0.37
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 0.32
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 0.16
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 0.33
10 Formula Systems (1985) 293,580.00 -1.18 Bn 146.04 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.38
Dec 31, 2024 0.23
Dec 31, 2023 0.47
Sep 30, 2023 0.46
Dec 31, 2022 0.42
Dec 31, 2021 351.86
Dec 31, 2020 0.44
Dec 31, 2019 0.43
Dec 31, 2018 0.48
Dec 31, 2017 0.49
Dec 31, 2016 0.53
Dec 31, 2015 0.58
Dec 31, 2014 0.35
Dec 31, 2013 0.55
Dec 31, 2012 0.53
Dec 31, 2011 0.52
Dec 31, 2010 0.54