Formula Systems (1985) (FORTY) Return on Invested Capital [ROIC] (2009 - 2026)
Formula Systems (1985) (FORTY) reported Return on Invested Capital [ROIC] of 10.54% for Q2 2026, up 0.78 percentage points from 9.76% a year earlier and up 1.52 percentage points from the prior quarter.
Powered by 
Analysis
Formula Systems (1985) (FORTY) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Formula Systems (1985) posted Return on Invested Capital [ROIC] of 8.25%, down 1.16 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -3.28 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 9.41% in FY2024 (+0.57 pp), 8.84% in FY2023 (-7.07 pp), 15.91% in FY2022 (+4.37 pp) and 11.53% in FY2021 (unchanged).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year over year, Return on Invested Capital [ROIC] gained in 1 of the last eight quarters, with an average year-over-year change of -2.31 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2022 (a gain of 5.05 percentage points); the low point was Q2 2025 (a drop of 3.96 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.02% (Q1 2026), 7.96% (Q4 2025) and 9.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 49.92 Bn | 42.11 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 31.88 Bn | 25.05 Bn | 1.83 Bn | 13.74% |
| 3 | Wipro | 22.24 Bn | 17.40 Bn | 745.00 Mn | 16.56% |
| 4 | Cdw | 20.69 Bn | 18.68 Bn | 1.32 Bn | 15.18% |
| 5 | Td Synnex | 19.74 Bn | 13.90 Bn | 1.43 Bn | 11.10% |
| 6 | Cgi | 18.25 Bn | 16.05 Bn | - | - |
| 7 | Arrow Electronics | 10.68 Bn | 9.70 Bn | 1.13 Bn | 10.19% |
| 8 | Avnet | 7.23 Bn | 6.41 Bn | 865.03 Mn | 6.41% |
| 9 | EPAM Systems | 7.03 Bn | 2.67 Bn | 429.57 Mn | 11.55% |
| 10 | Formula Systems (1985) | 1.79 Bn | -1.10 Bn | 158.43 Mn | 10.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.09% |
| Mar 31, 2026 | 8.74% |
| Dec 31, 2025 | 7.74% |
| Sep 30, 2025 | 8.98% |
| Jun 30, 2025 | 9.42% |
| Mar 31, 2025 | 10.24% |
| Dec 31, 2024 | 11.07% |
| Sep 30, 2024 | 12.63% |
| Jun 30, 2024 | 13.25% |
| Mar 31, 2024 | 12.45% |
| Dec 31, 2023 | 12.83% |
| Sep 30, 2023 | 13.94% |
| Jun 30, 2023 | 14.09% |
| Mar 31, 2023 | 15.19% |
| Dec 31, 2022 | 15.50% |
| Sep 30, 2022 | 17.16% |
| Jun 30, 2022 | 16.65% |
| Mar 31, 2022 | 12.62% |
| Dec 31, 2021 | 12.08% |
| Sep 30, 2021 | 12.50% |
API Access
Formula Systems (1985) Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();