Fortrea Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	81.2	118.5	108.6	112	94.6	80.3
Cash & Short-Term Investments	81.2	118.5	108.6	112	94.6	80.3
Cash Growth	-36.21%	9.12%	-3.04%	18.39%	17.81%	-
Accounts Receivable	739.2	659.5	988.5	1,022	927	741.7
Other Receivables	-	34.5	22	29.2	22.8	51.9
Receivables	739.2	694	1,011	1,051	949.8	793.6
Prepaid Expenses	139.3	58.5	34.1	32.7	-	-
Other Current Assets	0.3	77.2	97.6	50.8	73.1	66
Total Current Assets	960	948.2	1,251	1,247	1,118	939.9
Property, Plant & Equipment	148.7	156.3	172.6	164.9	162.6	178.1
Goodwill	965.2	1,710	1,739	1,997	2,081	2,103
Other Intangible Assets	654.3	655.7	728.1	823.3	935.5	1,093
Long-Term Deferred Tax Assets	5.6	5.2	3.2	1.2	1.4	1.6
Long-Term Deferred Charges	-	18.7	-	-	-	-
Other Long-Term Assets	101.3	84.7	438.5	54.3	70.8	24.8
Total Assets	2,835	3,579	4,333	4,288	4,369	4,340
Accounts Payable	92.6	138.2	132.9	81.5	60.5	67.2
Accrued Expenses	365.1	254.4	248	256.1	364.5	267.9
Current Portion of Long-Term Debt	75.4	74.8	26.1	-	-	-
Current Portion of Leases	12.4	13.4	17.2	23.3	24	26.6
Current Income Taxes Payable	-	52.7	60	39.5	40.5	33.8
Current Unearned Revenue	381.7	353.3	214.2	271.5	307	266.6
Other Current Liabilities	15.1	62.7	80	27.1	30.2	38.4
Total Current Liabilities	942.3	949.5	778.4	699	826.7	700.5
Long-Term Debt	1,102	1,050	1,569	-	-	-
Long-Term Leases	52.9	60.6	62.8	40.1	53.2	58.3
Long-Term Deferred Tax Liabilities	112.8	121.7	147.7	184.5	210.3	253.5
Other Long-Term Liabilities	36.2	34.9	59.9	19.6	13.3	36.5
Total Liabilities	2,246	2,217	2,619	945.3	1,108	1,049
Common Stock	0.1	0.1	0.1	3,619	3,409	3,412
Additional Paid-In Capital	2,080	2,042	1,998	-	-	-
Retained Earnings	-1,335	-397	-68.5	-	-	-
Comprehensive Income & Other	-155.6	-282.9	-215.5	-276	-148.4	-120.4
Shareholders' Equity	589.2	1,362	1,714	3,343	3,261	3,292
Total Liabilities & Equity	2,835	3,579	4,333	4,288	4,369	4,340
Total Debt	1,242	1,199	1,675	63.4	77.2	84.9
Net Cash (Debt)	-1,161	-1,080	-1,566	48.6	17.4	-4.6
Net Cash Growth	-	-	-	179.31%	-	-
Net Cash Per Share	-12.90	-12.07	-17.64	0.55	0.20	-
Filing Date Shares Outstanding	90.8	90.2	89.4	88.8	88.8	-
Total Common Shares Outstanding	90.8	89.7	88.8	88.8	88.8	-
Working Capital	17.7	-1.3	472.4	547.9	290.8	239.4
Book Value Per Share	6.49	15.19	19.30	37.64	-	-
Tangible Book Value	-1,030	-1,004	-753.4	522	244.2	95.6
Tangible Book Value Per Share	-11.35	-11.19	-8.48	5.88	-	-
Land	-	-	-	14.6	15.5	15.6
Buildings	-	82.2	77.8	-	-	-
Machinery	-	80.2	82.1	83	80.7	62.4
Construction In Progress	-	9.5	9.6	41.4	12.2	14
Leasehold Improvements	-	-	-	30	31.9	36.9
Order Backlog	-	7,700	-	-	-	7,858

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q