Companies
/Technology
Formula Systems (1985) Ltd
$117.62
▼ $1.58 (−1.33%) today
Markets open · 12:53pm ET
Today · % change
Fundamentals
Market Cap
$1.8B
P/E Ratio
25.3
Dividend Yield
2.24%
Profit Margin
21.6%
Revenue (TTM)
$2.9B
EPS (TTM)
$4.71
52-Week Range
$99 – $170
About Formula Systems
Formula Systems (1985) Ltd is a global provider of a wide range of IT solutions and services, including software development, IT professional services, and computer infrastructure solutions. With a focus on both proprietary and non-proprietary software, the company caters to various sectors by offering solutions for customer relations management, data management, and cloud-based services. Additionally, Formula Systems specializes in insurance platforms, data analytics, and reinsurance software solutions, alongside providing strategic consulting, outsourcing services, and professional training in IT. Headquartered in Or Yehuda, Israel, Formula Systems has been innovating in the tech space since 1985.