Financhill
Buy
58

FORTY Quote, Financials, Valuation and Earnings

Last price:
$93.35
Seasonality move :
5.16%
Day range:
$93.35 - $93.35
52-week range:
$60.39 - $96.50
Dividend yield:
1.33%
P/E ratio:
19.37x
P/S ratio:
0.54x
P/B ratio:
2.17x
Volume:
--
Avg. volume:
186
1-year change:
44.17%
Market cap:
$1.4B
Revenue:
$2.6B
EPS (TTM):
$4.82
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $1.7B $1.9B $2.4B $2.6B $2.6B
Revenue Growth (YoY) 13.94% 13.69% 24.33% 6.99% 1.89%
 
Cost of Revenues $1.3B $1.5B $1.8B $1.9B $2B
Gross Profit $386M $447.4M $563.9M $622.5M $643.7M
Gross Profit Margin 22.69% 23.14% 23.45% 24.2% 24.56%
 
R&D Expenses $46.7M $52.6M $65.9M $72.1M $78M
Selling, General & Admin $200.9M $224.2M $226.8M $245.2M $251.6M
Other Inc / (Exp) -$1.1M -$3.5M -$201K $43.5M -$3.8M
Operating Expenses $247.6M $276.8M $355.8M $390.1M $404.3M
Operating Income $138.5M $170.6M $208M $232.4M $239.4M
 
Net Interest Expenses $17.6M $23.4M $23.8M $19.1M $24.6M
EBT. Incl. Unusual Items $119.8M $143.8M $184M $256.7M $211M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $27.2M $31.3M $42.6M $55.2M $46.1M
Net Income to Company $94.4M $114M $141.9M $199.7M $165.7M
 
Minority Interest in Earnings -$55.6M -$67.2M -$87.3M -$118.3M -$101.7M
Net Income to Common Excl Extra Items $38.8M $46.8M $54.6M $81.4M $64M
 
Basic EPS (Cont. Ops) $2.56 $3.05 $3.57 $5.31 $4.19
Diluted EPS (Cont. Ops) $2.44 $3.01 $3.50 $5.21 $4.12
Weighted Average Basic Share $15.2M $15.3M $15.3M $15.3M $15.3M
Weighted Average Diluted Share $15.3M $15.3M $15.4M $15.5M $15.5M
 
EBITDA $223M $258M $324.3M $390.5M $362.5M
EBIT $136M $162.5M $202.1M $275.1M $240.7M
 
Revenue (Reported) $1.7B $1.9B $2.4B $2.6B $2.6B
Operating Income (Reported) $138.5M $170.6M $208M $232.4M $239.4M
Operating Income (Adjusted) $136M $162.5M $202.1M $275.1M $240.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $487.3M $586.3M $627.7M $654.8M $699.9M
Revenue Growth (YoY) 8.54% 20.3% 7.07% 4.33% 6.89%
 
Cost of Revenues $371M $444.6M $473.4M $495.2M $527M
Gross Profit $116.4M $141.6M $154.2M $159.6M $172.9M
Gross Profit Margin 23.88% 24.16% 24.57% 24.38% 24.7%
 
R&D Expenses $13.3M $16.8M $18.1M $19.7M $21M
Selling, General & Admin $57.7M $74.4M $78.6M $81.7M $88.1M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $71M $91.2M $96.7M $101.4M $101.9M
Operating Income $45.4M $50.5M $57.5M $58.2M $71M
 
Net Interest Expenses $5.9M $5.6M $4.6M $6.4M $5.8M
EBT. Incl. Unusual Items $39.5M $44.9M $52.9M $51.8M $65.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $8.1M $9.8M $11.4M $12.5M $13.9M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$18.7M -$21.5M -$24.6M -$24.1M -$28.1M
Net Income to Common Excl Extra Items $12.6M $13.3M $16.9M $15.6M $23.6M
 
Basic EPS (Cont. Ops) $0.83 $0.87 $1.11 $1.02 $1.55
Diluted EPS (Cont. Ops) $0.82 $0.85 $1.09 $1.00 $1.51
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 $15.7M
 
EBITDA $45.4M $50.5M $57.5M $58.2M $71M
EBIT $45.4M $50.5M $57.5M $58.2M $71M
 
Revenue (Reported) $487.3M $586.3M $627.7M $654.8M $699.9M
Operating Income (Reported) $45.4M $50.5M $57.5M $58.2M $71M
Operating Income (Adjusted) $45.4M $50.5M $57.5M $58.2M $71M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $1.8B $2.3B $2.6B $2.6B $2.7B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.4B $1.8B $2B $2B $2B
Gross Profit $426.4M $533.1M $615.3M $645.4M $664.8M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $50.8M $63.3M $70M $77.1M $81.4M
Selling, General & Admin $213.7M $275.6M $250.3M $256.4M $256.8M
Other Inc / (Exp) -- -- $44.2M -$757K --
Operating Expenses $264.5M $338.9M $383.5M $406.2M $405.8M
Operating Income $161.9M $194.2M $231.8M $239.1M $259M
 
Net Interest Expenses $21.2M $23.8M $20.2M $25.2M $20.7M
EBT. Incl. Unusual Items $139.6M $166.9M $255.6M $213.2M $234.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $31.2M $36.8M $56.9M $46.3M $51.7M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$64.1M -$80.7M -$117.8M -$101.5M -$108M
Net Income to Common Excl Extra Items $44.9M $50.9M $81.6M $63.6M $75.3M
 
Basic EPS (Cont. Ops) $2.94 $3.32 $5.35 $4.17 $4.93
Diluted EPS (Cont. Ops) $2.90 $3.27 $5.24 $4.12 $4.82
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA $159.5M $186.1M $270.1M $237.7M $260.3M
EBIT $159.5M $186.1M $270.1M $237.7M $260.3M
 
Revenue (Reported) $1.8B $2.3B $2.6B $2.6B $2.7B
Operating Income (Reported) $161.9M $194.2M $231.8M $239.1M $259M
Operating Income (Adjusted) $159.5M $186.1M $270.1M $237.7M $260.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $1.4B $1.7B $1.9B $2B $2.1B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.1B $1.3B $1.5B $1.5B $1.6B
Gross Profit $322.5M $408.1M $459.6M $482.5M $503.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $38.4M $49.1M $53.3M $58.2M $61.6M
Selling, General & Admin $159.2M $210.6M $234.1M $245.2M $250.5M
Other Inc / (Exp) -- -- $44.2M -- --
Operating Expenses $197.6M $259.7M $287.3M $303.5M $304.9M
Operating Income $124.9M $148.4M $172.3M $179M $198.7M
 
Net Interest Expenses $16.2M $16.6M $13M $19.1M $15.2M
EBT. Incl. Unusual Items $108.7M $131.8M $203.4M $159.9M $183.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $24.5M $30M $44.3M $35.4M $41M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$49.7M -$63.1M -$93.6M -$76.8M -$83.1M
Net Income to Common Excl Extra Items $34.9M $39M $66.1M $48.3M $59.6M
 
Basic EPS (Cont. Ops) $2.29 $2.55 $4.33 $3.16 $3.90
Diluted EPS (Cont. Ops) $2.26 $2.51 $4.25 $3.12 $3.81
Weighted Average Basic Share $45.9M $45.9M $45.9M $45.9M $45.9M
Weighted Average Diluted Share $45.9M $46.1M $46.5M $46.5M $46.8M
 
EBITDA $124.9M $148.4M $216.5M $179M $198.7M
EBIT $124.9M $148.4M $216.5M $179M $198.7M
 
Revenue (Reported) $1.4B $1.7B $1.9B $2B $2.1B
Operating Income (Reported) $124.9M $148.4M $172.3M $179M $198.7M
Operating Income (Adjusted) $124.9M $148.4M $216.5M $179M $198.7M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $368.7M $501.7M $485.4M $544.3M $451.9M
Short Term Investments $36.5M $31.5M $27.1M $24.7M $76.2M
Accounts Receivable, Net $486M $519.9M $696.3M $702.7M $721M
Inventory $8.6M $24M $21.2M $35.2M $42M
Prepaid Expenses $37.4M $47.2M $48.9M $42.2M $40.7M
Other Current Assets -- -- -- -- --
Total Current Assets $965.5M $1.2B $1.3B $1.4B $1.4B
 
Property Plant And Equipment $147.2M $173.6M $172.7M $171.8M $173.6M
Long-Term Investments $48.2M $51.2M $29.6M $35.5M $45.2M
Goodwill $724.2M $872.4M $932.9M $926.2M $936.6M
Other Intangibles $165.3M $222.3M $241.9M $222.7M $206.9M
Other Long-Term Assets -- -- -- -- --
Total Assets $2.1B $2.5B $2.7B $2.8B $2.8B
 
Accounts Payable $125.2M $153.3M $205.8M $222.5M $258.6M
Accrued Expenses $169.4M $223.6M $248.5M $243.6M $240.4M
Current Portion Of Long-Term Debt $96.7M $118.2M $137.8M $156.2M $154.2M
Current Portion Of Capital Lease Obligations $35.7M $32.1M $41.7M $45.5M $44.1M
Other Current Liabilities $48.1M $44.5M $47.3M $87.6M $43.9M
Total Current Liabilities $671.4M $779.9M $947.6M $1B $985.7M
 
Long-Term Debt $337.5M $383.4M $362.3M $421.5M $322.4M
Capital Leases -- -- -- -- --
Total Liabilities $1.2B $1.4B $1.6B $1.6B $1.5B
 
Common Stock $4.3M $4.3M $4.3M $4.3M $4.4M
Other Common Equity Adj $11.7M $25.5M $25.5M -$17M -$11M
Common Equity $421.6M $503.2M $541M $551.9M $625.8M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $474.7M $605.3M $638.8M $625M $682.4M
Total Equity $896.3M $1.1B $1.2B $1.2B $1.3B
 
Total Liabilities and Equity $2.1B $2.5B $2.7B $2.8B $2.8B
Cash and Short Terms $405.2M $533.2M $512.5M $569.1M $528.2M
Total Debt $494.1M $545.3M $586.4M $647.7M $541.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $431.9M $453.3M $470.5M $392.3M $469.7M
Short Term Investments $4M $41.8M $37.9M $76.8M $41.1M
Accounts Receivable, Net $476.3M $610.8M $668.4M $692.8M $757.2M
Inventory $17.7M $21.1M $36.1M $37.2M $27M
Prepaid Expenses -- -- -- -- $86.4M
Other Current Assets -- -- -- -- --
Total Current Assets $991.5M $1.2B $1.3B $1.3B $1.4B
 
Property Plant And Equipment $156.8M $155.8M $163.3M $160.3M $206M
Long-Term Investments $27.5M $28.6M $68.3M $70.2M $89.9M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $2.2B $2.6B $2.7B $2.7B $2.9B
 
Accounts Payable $110.5M $151.5M $187.3M $211.5M $226.7M
Accrued Expenses -- -- $191.3M $185.1M $213.4M
Current Portion Of Long-Term Debt $157M $252.8M $234.6M $234.9M $220.1M
Current Portion Of Capital Lease Obligations $32.9M $31.9M $41.3M $41.3M $44.6M
Other Current Liabilities $39.1M $41.7M $70.6M $54.6M $56.3M
Total Current Liabilities $656.2M $861.6M $916.7M $904.5M $981.4M
 
Long-Term Debt $395.3M $375.7M $418.5M $342.7M $293.2M
Capital Leases -- -- -- -- --
Total Liabilities $1.3B $1.5B $1.5B $1.4B $1.5B
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $493.8M $617.3M $596.5M $643.2M $701.4M
Total Equity $938.4M $1.1B $1.1B $1.2B $1.4B
 
Total Liabilities and Equity $2.2B $2.6B $2.7B $2.7B $2.9B
Cash and Short Terms $435.8M $495.1M $508.4M $469.1M $510.9M
Total Debt $552.3M $628.5M $653.1M $577.6M $513.3M
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 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
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) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2020-12-26 2021-12-26 2022-12-26 2023-12-26
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 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
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) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --

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