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Forrester Research FORR Return on invested capital

Return on invested capital at other companies

Gartner logo
GartnerIT
39.2%-9.0pp
Information Services Group logo
Information Services GroupIII
9%+3.7pp
Accenture logo
AccentureACN
26.7%-2.3pp
CRA International logo
CRA InternationalCRAI
18.8%+0.1pp
FTI Consulting logo
FTI ConsultingFCN
11.7%+0.7pp
Resources Connection, Inc. logo
Resources Connection, Inc.RGP
-48.9%+6.4pp

Other financials

Income statement

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Revenue$85.5M-4.9%
Gross profit$46.8M-6.9%
Operating income-$18.6M+78.7%
Net income-$21.8M+75.0%
EPS (diluted)-$1.14+75.3%

Balance sheet

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Cash & equivalents$73.9M-2.2%
Total debt$62.3M-10.4%
Total equity$106.1M-28.1%
Total assets$409.1M-7.0%

Cash flow

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Operating cash flow$25.6M-4.3%
CapEx$6.2M+856%
Free cash flow$19.4M-25.7%

Valuation

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Market cap$163.25M-12.9%
Enterprise value$151.69M-22.7%
P/S0.4×0.0×

Profitability

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Gross margin56.7%-1.2pp
Operating margin-11.3%
Net margin-13.7%-3.4pp
FCF margin4.6%

Returns & leverage

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Return on equity-42.5%-2.9pp
Debt / equity0.6×+0.1×
Current ratio0.9×-0.1×

Where this comes from

Calculated from Forrester Research’s reported figures.

Based on trailing twelve months.

The official record: Forrester Research’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Forrester Research's return on invested capital?
Forrester Research (FORR) reported return on invested capital of -37.5% in Q1 2026.
How has Forrester Research's return on invested capital changed year-over-year?
Forrester Research's return on invested capital increased by 2.8% year-over-year, from -38.6% to -37.5%.
What is the long-term trend for Forrester Research's return on invested capital?
Over 4 years (2020 to 2025), Forrester Research's return on invested capital has grown at a 93.2% compound annual growth rate (CAGR), from -4.3% to -59.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.