Formula Systems (1985) (FORTY) Tax Rate (2009 - 2026)

Formula Systems (1985) (FORTY) posted quarterly Tax Rate of 19.76% for Q1 2026, down 574.0% year-on-year from 4.17% in Q1 2025, and down 46.83% on a QoQ basis from 37.16% in Q4 2025.

Formula Systems (1985) (FORTY) Tax Rate (2009 - 2026) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Tax Rate for 18 consecutive years, with 19.76% the latest figure, recorded in Q1 2026.

  • Quarterly Tax Rate fell 574.0% year-over-year to 19.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.8% (down 114.0% YoY) and the FY2025 annual result came in at 27.64%, up 323.0% from the prior year.
  • Tax Rate declined to 19.76% in Q1 2026 per FORTY's latest filing, from 37.16% in the prior quarter.
  • Over the last five years, Tax Rate for FORTY reached as high as 37.16% in Q4 2025 and fell as low as 19.76% in Q1 2026.
  • A 5-year average of 23.36% and a median of 21.93% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2025 — Tax Rate soared 1074 bps — and 2026, when it sank 574 bps.
  • Year by year, Tax Rate stood at 20.47% in 2022, then advanced by 2 bps to 20.96% in 2023, then gained by 26 bps to 26.41% in 2024, then surged by 41 bps to 37.16% in 2025, then tumbled by 47 bps to 19.76% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 19.76%, 37.16%, and 25.02% for Q1 2026, Q4 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 12.63%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 24.19%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -8.48%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 29.49%
5 Cgi 41.25 Bn 40.60 Bn - 28.00%
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 40.93%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 23.99%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -22.49%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 18.88%
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn 19.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.76%
Mar 31, 2026 19.76%
Mar 31, 2026 19.76%
Dec 31, 2025 37.16%
Dec 31, 2025 37.16%
Dec 31, 2025 37.16%
Jun 30, 2025 25.02%
Jun 30, 2025 25.02%
Jun 30, 2025 25.02%
Mar 31, 2025 25.49%
Mar 31, 2025 25.49%
Mar 31, 2025 25.49%
Dec 31, 2024 26.41%
Dec 31, 2024 26.41%
Dec 31, 2024 26.41%
Sep 30, 2024 21.25%
Sep 30, 2024 21.25%
Sep 30, 2024 21.25%
Jun 30, 2024 22.30%
Jun 30, 2024 22.30%