Formula Systems (1985) (FORTY) Return on Equity [ROE] (2009 - 2026)
Formula Systems (1985) (FORTY) reported Return on Equity [ROE] of 39.86% for Q2 2026, up 26.84 percentage points from 13.02% a year earlier and up 1.80 percentage points from the prior quarter.
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Analysis
Formula Systems (1985) (FORTY) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Formula Systems (1985) posted Return on Equity [ROE] of 42.25%, up 27.88 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of +30.88 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 14.37% in FY2024 (+1.03 pp), 13.34% in FY2023 (-3.61 pp), 16.94% in FY2022 (+4.54 pp) and 12.40% in FY2021 (+1.03 pp).
- Five-year quarterly Return on Equity [ROE] spans a low of 11.49% in Q3 2021 and a high of 40.12% in Q4 2025.
- Year over year, Return on Equity [ROE] has now increased in each of the last three quarters, with an average year-over-year change of +9.71 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q4 2025 (a gain of 26.88 percentage points); the low point was Q4 2023 (a drop of 4.34 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 38.06% (Q1 2026), 40.12% (Q4 2025) and 11.92% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 54.39 Bn | 40.89 Bn | 1.60 Bn | 13,073.94% |
| 2 | Cognizant Technology Solutions | 34.33 Bn | 27.49 Bn | 1.83 Bn | 15.04% |
| 3 | Wipro | 22.89 Bn | 18.03 Bn | 745.00 Mn | 17.12% |
| 4 | Cdw | 21.00 Bn | 18.98 Bn | 1.32 Bn | 43.20% |
| 5 | Td Synnex | 19.58 Bn | 13.74 Bn | 1.43 Bn | 14.53% |
| 6 | Cgi | 18.28 Bn | 16.07 Bn | - | - |
| 7 | Arrow Electronics | 10.72 Bn | 9.67 Bn | 1.13 Bn | 11.68% |
| 8 | Avnet | 7.27 Bn | 6.45 Bn | 865.03 Mn | 6.70% |
| 9 | EPAM Systems | 7.20 Bn | 2.84 Bn | 429.57 Mn | 11.56% |
| 10 | Formula Systems (1985) | 1.85 Bn | -1.05 Bn | 158.43 Mn | 40.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.11% |
| Mar 31, 2026 | 38.30% |
| Dec 31, 2025 | 40.38% |
| Sep 30, 2025 | 12.69% |
| Jun 30, 2025 | 13.84% |
| Mar 31, 2025 | 14.50% |
| Dec 31, 2024 | 14.09% |
| Sep 30, 2024 | 13.64% |
| Jun 30, 2024 | 13.02% |
| Mar 31, 2024 | 12.78% |
| Dec 31, 2023 | 13.08% |
| Sep 30, 2023 | 13.46% |
| Jun 30, 2023 | 13.80% |
| Mar 31, 2023 | 16.77% |
| Dec 31, 2022 | 17.20% |
| Sep 30, 2022 | 17.29% |
| Jun 30, 2022 | 16.48% |
| Mar 31, 2022 | 12.91% |
| Dec 31, 2021 | 12.25% |
| Sep 30, 2021 | 11.63% |
API Access
Formula Systems (1985) Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();