Fortrea Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,007	3,109	3,096	3,058	2,580
Revenue Growth (YoY)	-0.14%	0.42%	1.26%	18.49%	-
Cost of Revenue	2,507	2,589	2,447	2,453	2,091
Gross Profit	500.3	520.4	648.7	604.4	489.1
Selling, General & Admin	378.7	336.6	279.8	303.1	267.6
Other Operating Expenses	121.9	120.7	133	187	535.7
Operating Expenses	500.6	457.3	412.8	490.1	803.3
Operating Income	-0.3	63.1	235.9	114.3	-314.2
Interest Expense / Income	104.1	69.8	0.2	0.2	0
Other Expense / Income	12.5	-7.8	-1.3	-22.3	18
Pretax Income	-116.9	1.1	237	136.4	-332.2
Income Tax	4.9	4.5	44.1	38.4	27
Net Income	-121.8	-3.4	192.9	98	-359.2
Net Income Growth	-	-	96.84%	-	-
Shares Outstanding (Basic)	89	89	88	-	-
Shares Change	1.13%	0.45%	-	-	-
EPS (Basic)	-1.37	-0.04	2.17	1.10	-
EPS (Diluted)	-1.37	-0.04	2.17	1.10	-
EPS Growth	-	-	97.27%	-	-
Free Cash Flow	113.6	135.6	33.5	143.6	177.2
Free Cash Flow Per Share	1.27	1.53	0.38	-	-
Gross Margin	16.64%	16.74%	20.95%	19.77%	18.96%
Operating Margin	-0.01%	2.03%	7.62%	3.74%	-12.18%
Profit Margin	-4.05%	-0.11%	6.23%	3.21%	-13.92%
Free Cash Flow Margin	3.78%	4.36%	1.08%	4.70%	6.87%
Effective Tax Rate	-	409.09%	18.61%	28.15%	-
EBITDA	110.1	194.7	354.8	335.4	-175.8
EBITDA Margin	3.66%	6.26%	11.46%	10.97%	-6.81%
Depreciation & Amortization	122.9	123.8	117.6	198.8	156.4
EBIT	-12.8	70.9	237.2	136.6	-332.2
EBIT Margin	-0.43%	2.28%	7.66%	4.47%	-12.87%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).