fortrea holdings inc - FTRE

FTRE

Close Chg Chg %
10.32 -0.25 -2.42%

Pre-Market

10.07

-0.25 (2.42%)

Volume: 1.20M

Last Updated:

Sep 9, 2025, 4:00 PM EDT

Company Overview: fortrea holdings inc - FTRE

FTRE Key Data

Open

$10.22

Day Range

10.03 - 10.45

52 Week Range

3.97 - 25.28

Market Cap

$937.06M

Shares Outstanding

90.80M

Public Float

90.34M

Beta

1.89

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$11.42

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.96M

 

FTRE Performance

1 Week
 
-13.41%
 
1 Month
 
53.04%
 
3 Months
 
70.39%
 
1 Year
 
-52.92%
 
5 Years
 
N/A
 

FTRE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 13
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 2.70B
Industry Miscellaneous Commercial Services Net Income -308,900,000.00
Sector Commercial Services Employees 15,500
Fiscal Year-end 12 / 2025
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 0.619
Price to Book Ratio 1.228
Price to Cash Flow Ratio 6.352
Enterprise Value to EBITDA -103.742
Enterprise Value to Sales 1.02
Total Debt to Enterprise Value 0.436

FTRE Efficiency

Revenue/Employee 173,961.29
Income Per Employee -19,929.032
Receivables Turnover 3.885
Total Asset Turnover 0.68

FTRE Liquidity

Current Ratio 0.999
Quick Ratio 0.999
Cash Ratio 0.125

FTRE Profitability

Gross Margin 16.648
Operating Margin -4.146
Pretax Margin -10.199
Net Margin -11.456
Return on Assets -6.842
Return on Equity -17.509
Return on Total Capital -10.602
Return on Invested Capital -9.292

FTRE Capital Structure

Total Debt to Total Equity 87.97
Total Debt to Total Capital 46.80
Total Debt to Total Assets 33.485
Long-Term Debt to Equity 81.496
Long-Term Debt to Total Capital 43.356
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Fortrea Holdings Inc - FTRE

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
3.06B 3.10B 3.11B 2.70B
Sales Growth
+18.49% +1.26% +0.42% -13.27%
Cost of Goods Sold (COGS) incl D&A
2.62B 2.54B 2.69B 2.25B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
198.80M 117.60M 96.40M 85.30M
Depreciation
58.80M 51.90M 32.60M 24.50M
Amortization of Intangibles
140.00M 65.70M 63.80M 60.80M
COGS Growth
+18.51% -3.03% +5.70% -16.29%
Gross Income
438.10M 556.00M 424.00M 448.90M
Gross Income Growth
+18.37% +26.91% -23.74% +5.87%
Gross Profit Margin
+14.33% +17.96% +13.64% +16.65%
2021 2022 2023 2024 5-year trend
SG&A Expense
303.10M 279.80M 336.60M 560.70M
Research & Development
- - - -
-
Other SG&A
303.10M 279.80M 336.60M 560.70M
SGA Growth
+13.27% -7.69% +20.30% +66.58%
Other Operating Expense
- - - -
-
Unusual Expense
20.70M 40.30M 24.30M 52.10M
EBIT after Unusual Expense
114.30M 235.90M 63.10M (163.90M)
Non Operating Income/Expense
22.10M 1.10M 7.40M 11.20M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - 69.40M 122.30M
-
Interest Expense Growth
- - - +76.22%
-
Gross Interest Expense
- - 69.40M 122.30M
-
Interest Capitalized
- - - -
-
Pretax Income
136.40M 237.00M 1.10M (275.00M)
Pretax Income Growth
+141.06% +73.75% -99.54% -25,100.00%
Pretax Margin
+4.46% +7.65% +0.04% -10.20%
Income Tax
38.40M 44.10M 4.50M (3.50M)
Income Tax - Current - Domestic
32.80M 29.30M 4.50M (2.10M)
Income Tax - Current - Foreign
35.80M 31.30M 40.50M 37.70M
Income Tax - Deferred - Domestic
(32.60M) (13.90M) (28.30M) (26.10M)
Income Tax - Deferred - Foreign
2.40M (2.60M) (12.20M) (13.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
98.00M 192.90M (3.40M) (271.50M)
Minority Interest Expense
- - - -
-
Net Income
98.00M 192.90M (3.40M) (271.50M)
Net Income Growth
+127.28% +96.84% -101.76% -7,885.29%
Net Margin Growth
+3.21% +6.23% -0.11% -10.07%
Extraordinaries & Discontinued Operations
- - - (37.40M)
-
Discontinued Operations
- - - (37.40M)
-
Net Income After Extraordinaries
98.00M 192.90M (3.40M) (308.90M)
Preferred Dividends
- - - -
-
Net Income Available to Common
98.00M 192.90M (3.40M) (308.90M)
EPS (Basic)
1.1061 2.1772 -0.0383 -3.4514
EPS (Basic) Growth
+127.28% +96.84% -101.76% -8,911.49%
Basic Shares Outstanding
88.60M 88.60M 88.80M 89.50M
EPS (Diluted)
1.1061 2.1772 -0.0383 -3.4514
EPS (Diluted) Growth
+127.28% +96.84% -101.76% -8,911.49%
Diluted Shares Outstanding
88.60M 88.60M 88.80M 89.50M
EBITDA
333.80M 393.80M 183.80M (26.50M)
EBITDA Growth
+28.93% +17.97% -53.33% -114.42%
EBITDA Margin
+10.92% +12.72% +5.91% -0.98%

Snapshot

Average Recommendation HOLD Average Target Price 7.40
Number of Ratings 13 Current Quarters Estimate 0.152
FY Report Date 09 / 2025 Current Year's Estimate 0.547
Last Quarter’s Earnings 0.19 Median PE on CY Estimate N/A
Year Ago Earnings 0.33 Next Fiscal Year Estimate 0.823
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 0.15 0.18 0.55 0.82
High Estimates 0.26 0.25 0.72 1.19
Low Estimate 0.07 0.12 0.41 0.31
Coefficient of Variance 39.40 21.96 16.87 29.01

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 1
OVERWEIGHT 2 2 0
HOLD 9 9 10
UNDERWEIGHT 1 1 1
SELL 1 1 1
MEAN Hold Hold Hold

Insider Actions for Fortrea Holdings Inc - FTRE

Date Name Shares Transaction Value
Mar 24, 2025 Thomas H. Pike Chief Executive Officer; Director 359,342 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 24, 2025 Erin L. Russell Director 23,946 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Jill G. Mcconnell Chief Financial Officer 37,655 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 17, 2025 Jill G. Mcconnell Chief Financial Officer 37,394 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $9.93 per share 371,322.42
Mar 17, 2025 Jill G. Mcconnell Chief Financial Officer 118,407 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 17, 2025 Mark A. Morais Chief Operating Officer 35,799 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 17, 2025 Mark A. Morais Chief Operating Officer 35,596 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $9.93 per share 353,468.28
Mar 17, 2025 Mark A. Morais Chief Operating Officer 115,234 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2025 James Stillman Hanson General Counsel 35,991 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2025 James Stillman Hanson General Counsel 63,659 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2025 Robert Alan Parks Chief Accounting Officer 78,886 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2025 Robert Alan Parks Chief Accounting Officer 94,697 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Robert Andrew Eckert Director 13,636 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Robert Andrew Eckert Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Fortrea Holdings Inc in the News