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Income Statement

Income Statement

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update)
Net Sales 357.58 337.67 326.10 313.73
Revenue 357.58 337.67 326.10 313.73
Total Revenue 357.58 337.67 326.10 313.73
Cost of Revenue 146.50 136.87 128.18 126.26
Cost of Revenue, Total 146.50 136.87 128.18 126.26
Gross Profit 211.07 200.80 197.92 187.47
Selling/General/Administrative Expense 171.77 161.87 153.93 151.35
Labor & Related Expense 3.97 3.95 3.55 3.77
Selling/General/Administrative Expenses, Total 175.74 165.82 157.48 155.12
Depreciation 7.96 6.65 7.81 8.19
Amortization of Intangibles, Operating 1.16 0.78 0.83 0.89
Depreciation/Amortization 9.12 7.43 8.64 9.08
Restructuring Charge 0.00 0.00 1.03 4.43
Other Unusual Expense (Income) 3.79 -- -- --
Unusual Expense (Income) 3.79 0.00 1.03 4.43
Total Operating Expense 335.15 310.12 295.32 294.90
Operating Income 22.43 27.55 30.77 18.83
Investment Income, Non-Operating 0.43 -0.48 -0.81 -0.02
Interest/Investment Income, Non-Operating 0.43 -0.48 -0.81 -0.02
Interest Income (Expense), Net-Non-Operating, Total 0.43 -0.48 -0.81 -0.02
Other Non-Operating Income (Expense) 0.67 0.30 0.74 0.51
Other, Net 0.67 0.30 0.74 0.51
Net Income Before Taxes 23.53 27.37 30.71 19.32
Income Tax – Total 7.75 10.63 13.06 7.32
Income After Tax 15.78 16.74 17.65 12.00
Net Income Before Extraordinary Items 15.78 16.74 17.65 12.00
Extraordinary Item -0.40 -1.60 -- --
Total Extraordinary Items -0.40 -1.60 -- --
Net Income 15.38 15.14 17.65 12.00
Income Available to Common Excluding Extraordinary Items 15.78 16.74 17.65 12.00
Income Available to Common Stocks Including Extraordinary Items 15.38 15.14 17.65 12.00
Basic Weighted Average Shares 18.09 17.92 17.98 17.93
Basic EPS Excluding Extraordinary Items 0.87 0.93 0.98 0.67
Basic EPS Including Extraordinary Items 0.85 0.84 0.98 0.67
Diluted Net Income 15.38 15.14 17.65 12.00
Diluted Weighted Average Shares 18.38 18.24 18.27 18.14
Diluted EPS Excluding Extraordinary Items 0.86 0.92 0.97 0.66
Diluted EPS Including Extraordinary Items 0.84 0.83 0.97 0.66
DPS - Common Stock Primary Issue 0.80 0.76 0.72 0.68
Gross Dividends - Common Stock 14.50 13.63 12.99 12.20
Other Unusual Expense (Income), Supplemental -- -- -- --
Non-Recurring Items, Total -- -- -- --
Total Special Items 3.79 0.00 1.03 4.43
Normalized Income Before Taxes 27.31 27.37 31.74 23.75
Effect of Special Items on Income Taxes 1.25 0.00 0.44 1.68
Income Taxes Excluding Impact of Special Items 8.99 10.63 13.49 9.00
Normalized Income After Taxes 18.32 16.74 18.24 14.75
Normalized Income Available to Common 18.32 16.74 18.24 14.75
Basic Normalized EPS 1.01 0.93 1.01 0.82
Diluted Normalized EPS 1.00 0.92 1.00 0.81
Amortization of Intangibles, Supplemental 1.16 0.78 0.83 0.89
Depreciation, Supplemental 7.96 6.65 7.81 8.35
Rental Expense, Supplemental 17.50 17.40 16.10 16.00
Stock-Based Compensation, Supplemental 8.30 8.49 7.98 8.35
Audit-Related Fees, Supplemental 1.32 1.11 1.09 1.08
Audit-Related Fees 0.27 0.05 0.05 0.00
Tax Fees, Supplemental 0.17 0.09 0.16 0.24
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00 0.00
Gross Margin 59.03 59.47 60.69 59.75
Operating Margin 6.27 8.16 9.44 6.00
Pretax Margin 6.58 8.11 9.42 6.16
Effective Tax Rate 32.92 38.84 42.52 37.91
Net Profit Margin 4.41 4.96 5.41 3.82
Normalized EBIT 26.21 27.55 31.80 23.26
Normalized EBITDA 35.33 34.98 40.44 32.50
Current Tax - Domestic 2.28 2.59 6.09 5.10
Current Tax - Foreign 1.76 2.16 2.03 1.95
Current Tax - Local 1.17 1.06 2.33 1.25
Current Tax - Total 5.21 5.81 10.46 8.31
Deferred Tax - Domestic 1.71 3.95 2.72 -0.72
Deferred Tax - Foreign 0.15 0.18 -0.18 -0.03
Deferred Tax - Local 0.67 0.70 0.06 -0.23
Deferred Tax - Total 2.53 4.83 2.60 -0.99
Income Tax - Total 7.75 10.63 13.06 7.32
Defined Contribution Expense - Domestic 5.00 5.20 4.30 4.10
Total Pension Expense 5.00 5.20 4.30 4.10

In millions of USD (except for per share items)

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