fortrea holdings inc - FTRE

FTRE

Close Chg Chg %
9.38 -0.20 -2.13%

Closed Market

9.18

-0.20 (2.13%)

Volume: 591.89K

Last Updated:

Apr 10, 2026, 4:00 PM EDT

Company Overview: fortrea holdings inc - FTRE

FTRE Key Data

Open

$9.38

Day Range

8.94 - 9.51

52 Week Range

3.97 - 18.67

Market Cap

$877.03M

Shares Outstanding

93.50M

Public Float

93.00M

Beta

1.77

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$10.91

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.24M

 

FTRE Performance

1 Week
 
-2.86%
 
1 Month
 
2.80%
 
3 Months
 
-47.21%
 
1 Year
 
77.22%
 
5 Years
 
N/A
 

FTRE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About fortrea holdings inc - FTRE

Fortrea Holdings, Inc. engages in the provision of clinical development and commercialization services. It operates under the Clinical Services and Enabling Services Segments. The Clinical Services segment provides services across the clinical pharmacology, clinical development, and other clinical service spectrum utilizing enabling services and technology through multiple delivery models. The Enabling Services segment provides technology solutions directly to customers that streamline complex randomization and optimize the trial drug supply process, while minimizing operational costs and supporting timely and accurate patient dosing. The company was founded on January 31, 2023 and is headquartered in Durham, NC.

FTRE At a Glance

Fortrea Holdings, Inc.
8 Moore Drive
Durham, North Carolina 27709
Phone 1-877-495-0816 Revenue 2.72B
Industry Miscellaneous Commercial Services Net Income -986,200,000.00
Sector Commercial Services 2025 Sales Growth 1.001%
Fiscal Year-end 12 / 2026 Employees 14,300
View SEC Filings

FTRE Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.578
Price to Book Ratio 2.85
Price to Cash Flow Ratio 13.86
Enterprise Value to EBITDA 53.051
Enterprise Value to Sales 0.923
Total Debt to Enterprise Value 0.444

FTRE Efficiency

Revenue/Employee 190,447.552
Income Per Employee -68,965.035
Receivables Turnover 4.393
Total Asset Turnover 0.865

FTRE Liquidity

Current Ratio 0.982
Quick Ratio 0.982
Cash Ratio 0.191

FTRE Profitability

Gross Margin 15.635
Operating Margin -1.124
Pretax Margin -36.095
Net Margin -36.212
Return on Assets -31.333
Return on Equity -102.414
Return on Total Capital -58.72
Return on Invested Capital -47.663

FTRE Capital Structure

Total Debt to Total Equity 198.048
Total Debt to Total Capital 66.448
Total Debt to Total Assets 41.094
Long-Term Debt to Equity 195.563
Long-Term Debt to Total Capital 65.615
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Fortrea Holdings Inc - FTRE

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
3.10B 3.11B 2.70B 2.72B
Sales Growth
+1.26% +0.42% -13.27% +1.00%
Cost of Goods Sold (COGS) incl D&A
2.54B 2.69B 2.25B 2.30B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
117.60M 96.40M 85.30M 78.00M
Depreciation
51.90M 32.60M 24.50M 19.70M
Amortization of Intangibles
65.70M 63.80M 60.80M 58.30M
COGS Growth
-3.03% +5.70% -16.29% +2.23%
Gross Income
556.00M 424.00M 448.90M 425.80M
Gross Income Growth
+26.91% -23.74% +5.87% -5.15%
Gross Profit Margin
+17.96% +13.64% +16.65% +15.63%
2022 2023 2024 2025 5-year trend
SG&A Expense
279.80M 336.60M 560.70M 456.40M
Research & Development
- - - -
-
Other SG&A
279.80M 336.60M 560.70M 456.40M
SGA Growth
-7.69% +20.30% +66.58% -18.60%
Other Operating Expense
- - - -
-
Unusual Expense
40.30M 24.30M 52.10M 841.10M
EBIT after Unusual Expense
235.90M 63.10M (163.90M) (871.70M)
Non Operating Income/Expense
1.10M 7.40M 11.20M (20.00M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- 69.40M 122.30M 91.30M
Interest Expense Growth
- - +76.22% -25.35%
-
Gross Interest Expense
- 69.40M 122.30M 91.30M
Interest Capitalized
- - - -
-
Pretax Income
237.00M 1.10M (275.00M) (983.00M)
Pretax Income Growth
+73.75% -99.54% -25,100.00% -257.45%
Pretax Margin
+7.65% +0.04% -10.20% -36.09%
Income Tax
44.10M 4.50M (3.50M) 3.20M
Income Tax - Current - Domestic
29.30M 4.50M (2.10M) 4.70M
Income Tax - Current - Foreign
31.30M 40.50M 37.70M 29.10M
Income Tax - Deferred - Domestic
(13.90M) (28.30M) (26.10M) (15.00M)
Income Tax - Deferred - Foreign
(2.60M) (12.20M) (13.00M) (15.60M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
192.90M (3.40M) (271.50M) (986.20M)
Minority Interest Expense
- - - -
-
Net Income
192.90M (3.40M) (271.50M) (986.20M)
Net Income Growth
+96.84% -101.76% -7,885.29% -263.24%
Net Margin Growth
+6.23% -0.11% -10.07% -36.21%
Extraordinaries & Discontinued Operations
- - - (37.40M)
-
Discontinued Operations
- - - (37.40M)
-
Net Income After Extraordinaries
192.90M (3.40M) (308.90M) (986.20M)
Preferred Dividends
- - - -
-
Net Income Available to Common
192.90M (3.40M) (308.90M) (986.20M)
EPS (Basic)
2.1772 -0.0383 -3.4514 -10.8136
EPS (Basic) Growth
+96.84% -101.76% -8,911.49% -213.31%
Basic Shares Outstanding
88.60M 88.80M 89.50M 91.20M
EPS (Diluted)
2.1772 -0.0383 -3.4514 -10.8136
EPS (Diluted) Growth
+96.84% -101.76% -8,911.49% -213.31%
Diluted Shares Outstanding
88.60M 88.80M 89.50M 91.20M
EBITDA
393.80M 183.80M (26.50M) 47.40M
EBITDA Growth
+17.97% -53.33% -114.42% +278.87%
EBITDA Margin
+12.72% +5.91% -0.98% +1.74%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 13.25
Number of Ratings 12 Current Quarters Estimate 0.171
FY Report Date 06 / 2026 Current Year's Estimate 0.679
Last Quarter’s Earnings 0.07 Median PE on CY Estimate N/A
Year Ago Earnings 0.43 Next Fiscal Year Estimate 0.902
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 11 11 11
Mean Estimate 0.17 0.20 0.68 0.90
High Estimates 0.22 0.28 0.84 1.11
Low Estimate 0.09 0.10 0.36 0.49
Coefficient of Variance 24.47 28.84 20.75 22.51

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 3
OVERWEIGHT 2 2 1
HOLD 5 5 6
UNDERWEIGHT 1 2 3
SELL 0 0 0
MEAN Overweight Overweight Hold

Fortrea Holdings Inc in the News