ForgeRock, Inc. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q2 2023.

Location
San Francisco, CA
Fiscal year end
31 December
Latest financial report
08 Aug 2023

Quick Takeaways

  • ForgeRock, Inc. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q2 2023.
  • Headline metric: Return On Equity -27%.

What Changed

  • Return On Equity YoY change: <span class="text-red-600">-78%</span>.
  • Most recent SEC facts end date: 30 Jun 2023.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2023-06-30) highlights Return On Equity -27.0%, Return On Assets -17.8%, and Operating Margin -34.5%.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

36.7/100

Weak Confidence high

Return On Equity

-27%

Metric score 0.0/100

Return On Assets

-18%

Metric score 0.0/100

Financial Health

Current Ratio
3.61x
Quick Ratio
2.92x
Debt to Equity
0.54x

Strengths

Debt-to-equity and Revenues YoY

Watchpoints

Return On Equity, Return On Assets, and Operating Margin

Key metrics snapshot

Return On Equity

-27%

YoY: -78%

Industry median: 1.8% (n=305)

View history

Return On Assets

-18%

YoY: +23%

Industry median: -5.4% (n=303)

View history

Operating Margin

-34%

YoY: +13%

Industry median: -8.2% (n=263)

View history

Current Ratio

3.61x

YoY: -23%

Industry median: 1.3x (n=304)

View history

Quick Ratio

2.92x

YoY: +84%

Industry median: 0.94x (n=234)

View history

Debt-to-equity

0.54x

YoY: +23%

Industry median: 0.51x (n=238)

View history

Revenues YoY

29%

YoY:

Industry median: 10% (n=265)

View history

NetIncomeLoss YoY

-23%

YoY:

Industry median: 6.9% (n=284)

View history

Profitability

Metric Latest value YoY change
Return On Equity -27% -78%
Return On Assets -18% +23%
Operating Margin -34% +13%

Financial Health

Metric Latest value YoY change
Current Ratio 3.61x -23%
Quick Ratio 2.92x +84%
Debt-to-equity 0.54x +23%

Growth

Metric Latest value YoY change
Revenues YoY 29%
NetIncomeLoss YoY -23%

Share Metrics

Metric Latest value YoY change
Weighted Average Number of Shares Outstanding, Basic 88,757,000 +5.1%
Weighted Average Number of Shares Outstanding, Diluted 88,757,000 +5.1%

Additional Metrics

Metric Latest value YoY change
Revenue from Contract with Customer, Excluding Assessed Tax $243,169,000 +29%
Cost of Revenue $46,431,000 +27%
Research and Development Expense $66,410,000 +25%
Selling and Marketing Expense $135,833,000 +31%
General and Administrative Expense $61,371,000 +18%
Operating Income (Loss) $83,847,000 -47%
Nonoperating Income (Expense) $3,763,000 +297%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $80,084,000 -23%
Income Tax Expense (Benefit) $1,565,000 +13%
Earnings Per Share, Basic -1 -18%
Earnings Per Share, Diluted -1 -18%
Cash and Cash Equivalents, at Carrying Value $288,994,000 +192%
Accounts Receivable, after Allowance for Credit Loss, Current $50,904,000 +11%
Assets, Current $421,146,000 -1.5%
Property, Plant and Equipment, Net $2,720,000 -1.1%
Operating Lease, Right-of-Use Asset $9,377,000 -13%
Assets $458,720,000 -0.4%
Accounts Payable, Current $6,154,000 +219%
Employee-related Liabilities, Current $17,029,000 +6.3%
Accrued Liabilities, Current $7,924,000 +34%
Contract with Customer, Liability, Current $82,016,000 +28%
Liabilities, Current $116,552,000 +28%
Contract with Customer, Liability, Noncurrent $2,389,000 +12%
Operating Lease, Liability, Noncurrent $8,352,000 -17%
Other Liabilities, Noncurrent $2,838,000 +57%
Liabilities $169,806,000 +17%
Accumulated Other Comprehensive Income (Loss), Net of Tax $5,909,000 +93%
Retained Earnings (Accumulated Deficit) $384,314,000 -27%
Stockholders' Equity Attributable to Parent $288,914,000 -8.5%
Liabilities and Equity $458,720,000 -0.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $291,587,000 +194%
Operating Lease, Liability $10,279,000 -8.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $78,800,000 -16%
Lessee, Operating Lease, Liability, to be Paid $11,967,000 -11%
Operating Lease, Liability, Current $1,927,000 +53%
Lessee, Operating Lease, Liability, to be Paid, Year Two $1,930,000 -8.2%
Lessee, Operating Lease, Liability, to be Paid, Year One $2,157,000 -2.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,688,000 -25%
Lessee, Operating Lease, Liability, to be Paid, Year Three $1,763,000 -6.3%
Preferred Stock, Shares Authorized 100,000,000 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,779,000 +1.5%
Additional Paid in Capital $667,230,000 +8.4%
Preferred Stock, Shares Outstanding 0
Share-based Payment Arrangement, Expense $40,091,000 +84%
Interest Expense $3,807,000 -2.9%
Preferred Stock, Par or Stated Value Per Share 0

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY