Fortrea Holdings Inc. (FTRE)
NASDAQ: FTRE · Real-Time Price · USD
18.99
+0.56 (3.04%)
Aug 10, 2026, 4:00 PM EDT - Market closed

Fortrea Holdings Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,6772,7232,6962,7232,6962,843
Revenue Growth
-2.08%1.00%-0.99%1.00%-5.14%10.16%
Gross Profit
516.6503.8534.2503.8534.2590.6
Operating Income
-10.8-872.6-161.9-872.6-161.932
Net Income
-85.2-986.2-328.5-986.2-328.5-25.2
Earnings Per Share
-0.91-10.81-3.67-0.291.641.10
EPS Growth
----49.09%-

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
North America
1,2521,2901,2701,3981,4161,650
Europe
866.3851.7800827.5841.9868.4
Other Geographic
557.9582.1626.9616.6579.6539.5
Revenue (Total)
2,6772,7232,6962,7232,6962,843

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
168.6174.6118.5108.611294.6
Total Debt
1,1181,1161,1991,67263.477.2
Net Cash (Debt)
-948.9-941.4-1,080-1,56348.617.4
Net Cash Growth
----179.31%-
Net Cash Per Share
-10.08-10.32-12.07-17.610.550.20

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
227.8113.5262.8168.482.7169.8
Capital Expenditures
-31.8-25.2-25.5-40.3-54.4-26.5
Free Cash Flow
19688.3237.3128.128.3143.3
Free Cash Flow Growth
--62.79%85.25%352.65%-80.25%-18.99%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
19.30%18.50%19.81%18.50%19.81%20.78%
Operating Margin
-0.40%-32.04%-6.00%-32.04%-6.00%1.13%
Pretax Margin
-2.91%-36.09%-10.20%-36.09%-10.20%-1.07%
Profit Margin
-1.81%-36.21%-10.07%-36.21%-10.07%-1.12%
FCF Margin
7.32%3.24%8.80%4.70%1.05%5.04%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
20.2525.4915.3034.63--
P/FCF Ratio
9.2118.197.0524.19--
PS Ratio
0.670.590.621.14--