Financhill
Buy
65

FORTY Quote, Financials, Valuation and Earnings

Last price:
$105.36
Seasonality move :
-0.38%
Day range:
$96.05 - $96.05
52-week range:
$69.07 - $107.00
Dividend yield:
1.63%
P/E ratio:
18.87x
P/S ratio:
0.54x
P/B ratio:
2.17x
Volume:
212
Avg. volume:
689
1-year change:
21.54%
Market cap:
$1.5B
Revenue:
$2.8B
EPS (TTM):
$5.09
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 $684M
Gross Profit Margin 23.14% 23.45% 24.2% 24.56% 24.81%
 
R&D Expenses $52.6M $65.9M $72.1M $78M $83.7M
Selling, General & Admin $224.2M $226.8M $245.2M $251.6M $335.2M
Other Inc / (Exp) -$3.5M -$201K $43.5M -$3.8M --
Operating Expenses $276.8M $355.8M $390.1M $404.3M $413.5M
Operating Income $170.6M $208M $232.4M $239.4M $270.5M
 
Net Interest Expenses $23.4M $23.8M $19.1M $24.6M $22.1M
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 --
 
Minority Interest in Earnings -$67.2M -$87.3M -$118.3M -$101.7M -$114.1M
Net Income to Common Excl Extra Items $46.8M $54.6M $81.4M $64M $79.7M
 
Basic EPS (Cont. Ops) $3.05 $3.57 $5.31 $4.19 $5.22
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 $324.3M $390.5M $362.5M $270.5M
EBIT $162.5M $202.1M $275.1M $240.7M $270.5M
 
Revenue (Reported) $1.9B $2.4B $2.6B $2.6B $2.8B
Operating Income (Reported) $170.6M $208M $232.4M $239.4M $270.5M
Operating Income (Adjusted) $162.5M $202.1M $275.1M $240.7M $270.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $543.2M $657.6M $657.1M $640.3M $691.5M
Revenue Growth (YoY) 21.2% 21.05% -0.08% -2.55% 8%
 
Cost of Revenues $418.3M $501.9M $494.2M $479.1M $511M
Gross Profit $125M $155.7M $162.9M $161.2M $180.5M
Gross Profit Margin 23.01% 23.68% 24.79% 25.18% 26.1%
 
R&D Expenses $14.2M $16.7M $18.9M $19.7M $22.1M
Selling, General & Admin $65M $16.2M $11.2M $6.3M $84.7M
Other Inc / (Exp) -- -- -$757K -- --
Operating Expenses $79.2M $96.1M $102.8M $100.9M $108.6M
Operating Income $45.8M $59.6M $60.1M $60.3M $71.9M
 
Net Interest Expenses $7.2M $7.2M $6.1M $5.4M $6.9M
EBT. Incl. Unusual Items $35M $52.2M $53.3M $51.1M $65M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $6.8M $12.6M $10.9M $10.7M $15.7M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$17.6M -$24.2M -$24.6M -$24.9M -$31M
Net Income to Common Excl Extra Items $11.9M $15.5M $15.3M $15.7M $20.1M
 
Basic EPS (Cont. Ops) $0.77 $1.02 $1.01 $1.03 $1.31
Diluted EPS (Cont. Ops) $0.76 $0.99 $1.00 $1.01 $1.28
Weighted Average Basic Share $15.3M $15.3M $15.3M $15.3M $15.3M
Weighted Average Diluted Share $15.3M $15.5M $15.5M $15.5M $15.7M
 
EBITDA $37.7M $53.6M $58.7M $61.7M $71.9M
EBIT $37.7M $53.6M $58.7M $61.7M $71.9M
 
Revenue (Reported) $543.2M $657.6M $657.1M $640.3M $691.5M
Operating Income (Reported) $45.8M $59.6M $60.1M $60.3M $71.9M
Operating Income (Adjusted) $37.7M $53.6M $58.7M $61.7M $71.9M
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) -- -- -- -- --
 
Cost of Revenues $1.5B $1.8B $1.9B $2B $2.1B
Gross Profit $447.4M $563.9M $622.5M $643.7M $684M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $52.6M $65.9M $72.1M $78M $83.7M
Selling, General & Admin $224.2M $226.8M $245.2M $251.6M $335.2M
Other Inc / (Exp) -- -- $43.5M -- --
Operating Expenses $276.8M $355.8M $390.1M $404.3M $413.5M
Operating Income $170.6M $208M $232.4M $239.4M $270.5M
 
Net Interest Expenses $23.4M $23.8M $19.1M $24.6M $22.1M
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 -- -- -- -- --
 
Minority Interest in Earnings -$67.2M -$87.3M -$118.3M -$101.7M -$114.1M
Net Income to Common Excl Extra Items $46.8M $54.6M $81.4M $64M $79.7M
 
Basic EPS (Cont. Ops) $3.06 $3.57 $5.34 $4.19 $5.21
Diluted EPS (Cont. Ops) $3.02 $3.50 $5.25 $4.13 $5.09
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $162.5M $202.1M $275.1M $240.7M $270.5M
EBIT $162.5M $202.1M $275.1M $240.7M $270.5M
 
Revenue (Reported) $1.9B $2.4B $2.6B $2.6B $2.8B
Operating Income (Reported) $170.6M $208M $232.4M $239.4M $270.5M
Operating Income (Adjusted) $162.5M $202.1M $275.1M $240.7M $270.5M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $2.4B $2.6B $2.6B $2.8B --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.8B $1.9B $2B $2.1B --
Gross Profit $563.9M $622.5M $643.7M $684M --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $65.9M $72.1M $78M $83.7M --
Selling, General & Admin $226.8M $245.2M $251.6M $335.2M --
Other Inc / (Exp) -- $43.5M -- -- --
Operating Expenses $355.8M $390.1M $404.3M $413.5M --
Operating Income $208M $232.4M $239.4M $270.5M --
 
Net Interest Expenses $23.8M $19.1M $24.6M $22.1M --
EBT. Incl. Unusual Items $184M $256.7M $211M $248.4M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $42.6M $55.2M $46.1M $56.7M --
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$87.3M -$118.3M -$101.7M -$114.1M --
Net Income to Common Excl Extra Items $54.6M $81.4M $64M $79.7M --
 
Basic EPS (Cont. Ops) $3.57 $5.34 $4.19 $5.21 --
Diluted EPS (Cont. Ops) $3.50 $5.25 $4.13 $5.09 --
Weighted Average Basic Share $61.2M $61.2M $61.2M $61.2M --
Weighted Average Diluted Share $61.6M $62M $62M $62.5M --
 
EBITDA $202.1M $275.1M $240.7M $270.5M --
EBIT $202.1M $275.1M $240.7M $270.5M --
 
Revenue (Reported) $2.4B $2.6B $2.6B $2.8B --
Operating Income (Reported) $208M $232.4M $239.4M $270.5M --
Operating Income (Adjusted) $202.1M $275.1M $240.7M $270.5M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $501.7M $485.4M $544.3M $451.9M $507.8M
Short Term Investments $31.5M $27.1M $24.7M $76.2M $55.4M
Accounts Receivable, Net $519.9M $696.3M $702.7M $721M $803M
Inventory $24M $21.2M $35.2M $42M $30.7M
Prepaid Expenses $47.2M $48.9M $42.2M $40.7M --
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 $208.2M
Long-Term Investments $51.2M $29.6M $35.5M $45.2M $94.1M
Goodwill $872.4M $932.9M $926.2M $936.6M --
Other Intangibles $222.3M $241.9M $222.7M $206.9M --
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 $292.1M
Accrued Expenses $223.6M $248.5M $243.6M $240.4M $233.4M
Current Portion Of Long-Term Debt $118.2M $137.8M $156.2M $154.2M $230.3M
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 $60.8M
Total Current Liabilities $779.9M $947.6M $1B $985.7M $1.1B
 
Long-Term Debt $383.4M $362.3M $421.5M $322.4M $249M
Capital Leases -- -- -- -- --
Total Liabilities $1.4B $1.6B $1.6B $1.5B $1.6B
 
Common Stock $4.3M $4.3M $4.3M $4.4M --
Other Common Equity Adj $25.5M $25.5M -$17M -$11M --
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 $586.4M $647.7M $541.3M $479.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $501.7M $485.4M $544.3M $451.9M $507.8M
Short Term Investments $31.5M $27.1M $24.7M $76.2M $55.4M
Accounts Receivable, Net $519.9M $696.3M $702.7M $721M $803M
Inventory $24M $21.2M $35.2M $42M $30.7M
Prepaid Expenses $47.2M $48.9M $42.2M $40.7M --
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 $208.2M
Long-Term Investments $51.2M $29.6M $35.5M $45.2M $94.1M
Goodwill $872.4M $932.9M $926.2M $936.6M --
Other Intangibles $222.3M $241.9M $222.7M $206.9M --
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 $292.1M
Accrued Expenses $223.6M $248.5M $243.6M $240.4M $233.4M
Current Portion Of Long-Term Debt $118.2M $137.8M $156.2M $154.2M $230.3M
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 $60.8M
Total Current Liabilities $779.9M $947.6M $1B $985.7M $1.1B
 
Long-Term Debt $383.4M $362.3M $421.5M $322.4M $249M
Capital Leases -- -- -- -- --
Total Liabilities $1.4B $1.6B $1.6B $1.5B $1.6B
 
Common Stock $4.3M $4.3M $4.3M $4.4M --
Other Common Equity Adj $25.5M $25.5M -$17M -$11M --
Common Equity -- -- -- -- --
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 $586.4M $647.7M $541.3M $479.4M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders $94.4M $114M $141.9M $199.7M $165.7M
Depreciation & Amoritzation $86.9M $95.5M $122.2M $115.3M $121.8M
Stock-Based Compensation $3.9M $7.8M $14.8M $15M $18.6M
Change in Accounts Receivable $29M $32M -$130.3M -$48.8M $729K
Change in Inventories -$938K -$11M $4.6M -$13.8M -$3.4M
Cash From Operations $196.1M $288.1M $209.1M $239.1M $295M
 
Capital Expenditures $36.6M $28.8M $31.1M $39.3M $32M
Cash Acquisitions -$61.8M -$157.1M -$85.8M -$14.5M -$48.8M
Cash From Investing -$108.2M -$177M -$110.2M -$74.3M -$139.2M
 
Dividends Paid (Ex Special Dividend) -$13M -$14.9M -$22.1M -$21.8M -$9.9M
Special Dividend Paid
Long-Term Debt Issued $204.6M $151.4M $113M $264.7M $55.6M
Long-Term Debt Repaid -$141.5M -$142.8M -$175.3M -$190.7M -$198.4M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$45.1M -$68.3M -$68.1M -$115.9M -$85.7M
Cash From Financing $6M $9.7M -$114.1M -$71M -$243.2M
 
Beginning Cash (CF) $268.5M $368.7M $501.7M $485.4M $544.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $93.9M $120.8M -$15.2M $93.9M -$87.4M
Ending Cash (CF) $368.7M $501.7M $485.4M $544.3M $451.9M
 
Levered Free Cash Flow $159.5M $259.3M $178M $199.8M $263M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
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 2021-05-16 2022-05-16 2023-05-16 2024-05-16
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 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
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 -- -- -- -- --

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