Financhill
Buy
62

FORTY Quote, Financials, Valuation and Earnings

Last price:
$140.00
Seasonality move :
11.27%
Day range:
$147.25 - $147.25
52-week range:
$77.50 - $151.31
Dividend yield:
1.31%
P/E ratio:
29.51x
P/S ratio:
0.80x
P/B ratio:
3.12x
Volume:
126
Avg. volume:
324
1-year change:
68.29%
Market cap:
$2.3B
Revenue:
$2.8B
EPS (TTM):
$5.12
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $1.9B $2.4B $2.6B $2.6B $2.8B
Revenue Growth (YoY) 13.69% 24.33% 6.99% 1.89% 5.21%
 
Cost of Revenues $1.5B $1.8B $1.9B $2B $2.1B
Gross Profit $447.4M $563.9M $622.5M $643.7M $684.7M
Gross Profit Margin 23.14% 23.45% 24.2% 24.56% 24.83%
 
R&D Expenses $52.6M $65.9M $72.1M $78M $84.4M
Selling, General & Admin $224.2M $290M $318M $326.4M $335.2M
Other Inc / (Exp) -$3.5M -$201K $43.5M -$3.8M $5M
Operating Expenses $276.8M $355.8M $390.1M $404.3M $419.5M
Operating Income $170.6M $208M $232.4M $239.4M $265.2M
 
Net Interest Expenses $23.4M $26.5M $24.9M $38.4M $37.7M
EBT. Incl. Unusual Items $143.8M $184M $256.7M $211M $248.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $31.3M $42.6M $55.2M $46.1M $56.7M
Net Income to Company $114M $141.9M $199.7M $165.7M $193.8M
 
Minority Interest in Earnings -$67.2M $87.3M $118.3M $101.7M $114.1M
Net Income to Common Excl Extra Items $46.8M $141.9M $199.7M $165.7M $193.8M
 
Basic EPS (Cont. Ops) $3.05 $3.57 $5.32 $4.18 $5.21
Diluted EPS (Cont. Ops) $3.01 $3.50 $5.21 $4.12 $5.09
Weighted Average Basic Share $15.3M $15.3M $15.3M $15.3M $15.3M
Weighted Average Diluted Share $15.3M $15.4M $15.5M $15.5M $15.6M
 
EBITDA $258M $330.2M $347.7M $361.2M $380.6M
EBIT $162.5M $208M $232.4M $239.4M $265.2M
 
Revenue (Reported) $1.9B $2.4B $2.6B $2.6B $2.8B
Operating Income (Reported) $170.6M $208M $232.4M $239.4M $265.2M
Operating Income (Adjusted) $162.5M $208M $232.4M $239.4M $265.2M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Revenue $587.9M $636.9M $655.4M $667.7M $758.9M
Revenue Growth (YoY) 34.51% 8.34% 2.9% 1.88% 13.66%
 
Cost of Revenues $446.9M $487.4M $494.4M $501.2M $569.5M
Gross Profit $140.9M $149.5M $160.9M $166.4M $189.4M
Gross Profit Margin 23.98% 23.47% 24.56% 24.93% 24.95%
 
R&D Expenses $16.3M $17.8M $19.2M $20.4M $24.3M
Selling, General & Admin $74.1M $76.3M $81.7M $81M $95.7M
Other Inc / (Exp) -- $44.2M -- -- --
Operating Expenses $90.4M $94.2M $101M $101.4M $120.1M
Operating Income $50.5M $55.3M $60M $65M $69.3M
 
Net Interest Expenses $5.9M $3.7M $5.6M $3.8M $10.4M
EBT. Incl. Unusual Items $44.6M $95.8M $54.4M $61.2M $58.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $10.8M $21.4M $11.4M $13.7M $14.7M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$20.8M $41.8M $26.1M $28.6M $29M
Net Income to Common Excl Extra Items $13.3M $74.8M $43.2M $47.4M $44.4M
 
Basic EPS (Cont. Ops) $0.87 $2.15 $1.11 $1.23 $1.00
Diluted EPS (Cont. Ops) $0.86 $2.12 $1.11 $1.20 $0.97
Weighted Average Basic Share $15.3M $15.3M $15.3M $15.3M $15.3M
Weighted Average Diluted Share $15.4M $15.5M $15.5M $15.6M $15.8M
 
EBITDA $50.5M $99.5M $60M $65M --
EBIT $50.5M $55.3M $60M $65M $69.3M
 
Revenue (Reported) $587.9M $636.9M $655.4M $667.7M $758.9M
Operating Income (Reported) $50.5M $55.3M $60M $65M $69.3M
Operating Income (Adjusted) $50.5M $55.3M $60M $65M $69.3M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Revenue $2.2B $2.5B $2.6B $2.7B $2.9B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.7B $1.9B $1.9B $2B $2.2B
Gross Profit $507.9M $602.7M $642.3M $651.5M $723.4M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $59.9M $68.7M $75.4M $80.1M $88.5M
Selling, General & Admin $258.9M $309.2M $328.4M $325.2M $357.6M
Other Inc / (Exp) -- $44.2M -$757K -- --
Operating Expenses $318.7M $378M $403.8M $405.3M $446.1M
Operating Income $189.1M $224.8M $238.5M $246.2M $277.4M
 
Net Interest Expenses $24.1M $21.4M $24.2M $25.1M $28.7M
EBT. Incl. Unusual Items $161.5M $247.6M $214.3M $221.1M $254.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $35M $55.3M $45.2M $50.3M $59.7M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$78M $114.7M $101.9M $104.1M $119.1M
Net Income to Common Excl Extra Items $50.3M $192.7M $166.9M $171.4M $197.5M
 
Basic EPS (Cont. Ops) $3.28 $5.10 $4.24 $4.40 $5.12
Diluted EPS (Cont. Ops) $3.24 $5.00 $4.21 $4.31 $4.99
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $181M $263M $237M $247.5M --
EBIT $181M $224.8M $238.5M $246.2M $277.4M
 
Revenue (Reported) $2.2B $2.5B $2.6B $2.7B $2.9B
Operating Income (Reported) $189.1M $224.8M $238.5M $246.2M $277.4M
Operating Income (Adjusted) $181M $224.8M $238.5M $246.2M $277.4M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Revenue $1.2B $1.3B $1.3B $1.4B $1.5B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $894M $982.3M $1B $1B $1.1B
Gross Profit $266.5M $305.3M $322.9M $330.7M $370.1M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $32.3M $35.2M $38.5M $40.6M $45.4M
Selling, General & Admin $136.2M $155.4M $163.6M $162.4M $184.8M
Other Inc / (Exp) -- $44.2M -- -- --
Operating Expenses $168.5M $190.6M $202.1M $203M $230.2M
Operating Income $98M $114.7M $120.8M $127.6M $139.8M
 
Net Interest Expenses $11M $8.4M $12.7M $9.4M $16M
EBT. Incl. Unusual Items $86.9M $150.5M $108.1M $118.2M $123.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $20.2M $32.9M $22.9M $27.1M $30.2M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$41.7M $69M $52.7M $55.1M $60.1M
Net Income to Common Excl Extra Items $25.8M $118.2M $85.4M $91.1M $94.7M
 
Basic EPS (Cont. Ops) $1.68 $3.22 $2.14 $2.35 $2.27
Diluted EPS (Cont. Ops) $1.66 $3.16 $2.12 $2.30 $2.20
Weighted Average Basic Share $30.6M $30.6M $30.6M $30.6M $30.6M
Weighted Average Diluted Share $30.7M $31M $30.9M $31.2M $31.5M
 
EBITDA $98M $158.9M $120.8M $127.6M $70.5M
EBIT $98M $114.7M $120.8M $127.6M $139.8M
 
Revenue (Reported) $1.2B $1.3B $1.3B $1.4B $1.5B
Operating Income (Reported) $98M $114.7M $120.8M $127.6M $139.8M
Operating Income (Adjusted) $98M $114.7M $120.8M $127.6M $139.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $501.7M $512.5M $569.1M $528.2M $563.2M
Short Term Investments $31.5M $27.1M $24.7M $76.2M $55.4M
Accounts Receivable, Net $519.9M $696.3M $702.7M $721M $803.2M
Inventory $24M $21.2M $35.2M $42M $30.7M
Prepaid Expenses $47.2M $48.9M $42.2M $40.7M $48M
Other Current Assets -- -- -- -- --
Total Current Assets $1.2B $1.3B $1.4B $1.4B $1.5B
 
Property Plant And Equipment $173.6M $172.7M $171.8M $173.6M $208M
Long-Term Investments $51.2M $28.9M $43.9M $56.1M $76.7M
Goodwill $872.4M $932.9M $926.2M $936.6M $975.1M
Other Intangibles $222.3M $241.9M $222.7M $206.9M $217.1M
Other Long-Term Assets -- -- -- -- --
Total Assets $2.5B $2.7B $2.8B $2.8B $3B
 
Accounts Payable $153.3M $205.8M $222.5M $258.6M $296.2M
Accrued Expenses $223.6M $248.5M $243.6M $240.4M $282.4M
Current Portion Of Long-Term Debt $118.2M $137.8M $156.2M $154.2M $140.6M
Current Portion Of Capital Lease Obligations $32.1M $41.7M $45.5M $44.1M $45.2M
Other Current Liabilities $44.5M $47.3M $87.6M $43.9M $61.6M
Total Current Liabilities $779.9M $947.6M $1B $985.7M $1.1B
 
Long-Term Debt $383.4M $447.1M $500.5M $407.1M $370.4M
Capital Leases -- -- -- -- --
Total Liabilities $1.4B $1.6B $1.6B $1.5B $1.6B
 
Common Stock $4.3M $4.3M $4.3M $4.4M $4.4M
Other Common Equity Adj $25.5M $25.5M -$17M -$11M -$13.4M
Common Equity $503.2M $541M $551.9M $625.8M $679.3M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $605.3M $638.8M $625M $682.4M $710M
Total Equity $1.1B $1.2B $1.2B $1.3B $1.4B
 
Total Liabilities and Equity $2.5B $2.7B $2.8B $2.8B $3B
Cash and Short Terms $533.2M $512.5M $569.1M $528.2M $563.2M
Total Debt $545.3M $541.2M $702.1M $603.6M $554.9M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Cash and Equivalents $446.4M $451.5M $477.5M $472.9M $406.2M
Short Term Investments $21.8M $39.4M $91.5M $64.6M --
Accounts Receivable, Net $576.2M $656.5M $698.1M $710.3M $883.2M
Inventory $19.3M $36.7M $39.4M $30.2M $48.1M
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $1.1B $1.2B $1.3B $1.3B $1.4B
 
Property Plant And Equipment $161.9M $150.5M $172.1M $162.6M $226.2M
Long-Term Investments $29M $26.6M $69.4M $71.6M $101M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $2.6B $2.6B $2.7B $2.7B $3.2B
 
Accounts Payable $145.9M $183.9M $202.9M $199.1M $287.7M
Accrued Expenses -- $188M $182.4M $197.5M --
Current Portion Of Long-Term Debt $194.5M $259.8M $221.7M $214.7M --
Current Portion Of Capital Lease Obligations $32M $37.8M $46.2M $41.1M --
Other Current Liabilities $40.6M $55.8M $64.2M $55.1M --
Total Current Liabilities $807.7M $920.7M $924M $931.7M $1.2B
 
Long-Term Debt $385.5M $369.5M $463.3M $337.8M $382.4M
Capital Leases -- -- -- -- --
Total Liabilities $1.5B $1.4B $1.5B $1.4B $1.7B
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $610M $620.8M $651.6M $682.9M $739.6M
Total Equity $1.1B $1.2B $1.2B $1.3B $1.5B
 
Total Liabilities and Equity $2.6B $2.6B $2.7B $2.7B $3.2B
Cash and Short Terms $468.2M $451.5M $477.5M $472.9M $406.2M
Total Debt $580M $443.7M $575.5M $443.1M $525.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $114M $141.9M $199.7M $165.7M $193.8M
Depreciation & Amoritzation $95.5M $122.2M $115.3M $121.8M $115.5M
Stock-Based Compensation $7.8M $14.8M $15M $18.6M $16.2M
Change in Accounts Receivable $32M -$130.3M -$48.8M $729K -$81.2M
Change in Inventories -$11M $4.6M -$13.8M -$3.4M $11.7M
Cash From Operations $288.1M $208.6M $239.2M $295M $324.6M
 
Capital Expenditures $28.8M $31.1M $39.3M $32M $29M
Cash Acquisitions -$157.1M $81.4M $70.9M $52.8M $55.2M
Cash From Investing -$177M -$114.5M -$93M -$155.2M -$83.4M
 
Dividends Paid (Ex Special Dividend) -$14.9M $22.1M $21.8M $9.9M $18.8M
Special Dividend Paid
Long-Term Debt Issued $151.4M $113M $264.7M $55.6M $130.3M
Long-Term Debt Repaid -$142.8M -$175.3M -$190.7M -$198.4M -$212.7M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$68.3M -$68.1M -$115.9M -$85.7M -$77.6M
Cash From Financing $9.7M -$109.9M -$52.3M -$227.3M -$180M
 
Beginning Cash (CF) $368.7M $485.4M $544.3M $451.9M $507.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $120.8M -$16.3M $59M -$92.4M $55.9M
Ending Cash (CF) $501.7M $468.7M $568.4M $354.6M $558.2M
 
Levered Free Cash Flow $259.3M $177.5M $199.9M $263M $295.7M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- $412.1M $386M $408.3M $393.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-11-08 2022-11-08 2023-11-08 2024-11-08
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- $944.9M $833.9M $845.1M $855M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --

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