Fortrea Holdings Inc. (FTRE)
NASDAQ: FTRE · Real-Time Price · USD
5.22
+0.05 (0.97%)
Jul 3, 2025, 1:00 PM - Market closed
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 | Mar '25 Mar 31, 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 | 101.6 | 118.5 | 108.6 | 112 | 94.6 | 80.3 |
Cash & Short-Term Investments | 101.6 | 118.5 | 108.6 | 112 | 94.6 | 80.3 |
Cash Growth | 8.20% | 9.12% | -3.04% | 18.39% | 17.81% | - |
Accounts Receivable | 729 | 659.5 | 988.5 | 1,022 | 927 | 741.7 |
Other Receivables | - | 34.5 | 22 | 29.2 | 22.8 | 51.9 |
Receivables | 729 | 694 | 1,011 | 1,051 | 949.8 | 793.6 |
Prepaid Expenses | 139.6 | 58.5 | 34.1 | 32.7 | - | - |
Other Current Assets | 0.1 | 77.2 | 97.6 | 50.8 | 73.1 | 66 |
Total Current Assets | 970.3 | 948.2 | 1,251 | 1,247 | 1,118 | 939.9 |
Property, Plant & Equipment | 150.2 | 156.3 | 172.6 | 164.9 | 162.6 | 178.1 |
Goodwill | 1,243 | 1,710 | 1,739 | 1,997 | 2,081 | 2,103 |
Other Intangible Assets | 651.3 | 655.7 | 728.1 | 823.3 | 935.5 | 1,093 |
Long-Term Deferred Tax Assets | 5.4 | 5.2 | 3.2 | 1.2 | 1.4 | 1.6 |
Long-Term Deferred Charges | - | 18.7 | - | - | - | - |
Other Long-Term Assets | 101.4 | 84.7 | 438.5 | 54.3 | 70.8 | 24.8 |
Total Assets | 3,121 | 3,579 | 4,333 | 4,288 | 4,369 | 4,340 |
Accounts Payable | 110.2 | 138.2 | 132.9 | 81.5 | 60.5 | 67.2 |
Accrued Expenses | 331.2 | 254.4 | 248 | 256.1 | 364.5 | 267.9 |
Current Portion of Long-Term Debt | 164.2 | 74.8 | 26.1 | - | - | - |
Current Portion of Leases | 13.5 | 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 | 364.4 | 353.3 | 214.2 | 271.5 | 307 | 266.6 |
Other Current Liabilities | 15.6 | 62.7 | 80 | 27.1 | 30.2 | 38.4 |
Total Current Liabilities | 999.1 | 949.5 | 778.4 | 699 | 826.7 | 700.5 |
Long-Term Debt | 1,051 | 1,050 | 1,569 | - | - | - |
Long-Term Leases | 59.1 | 60.6 | 62.8 | 40.1 | 53.2 | 58.3 |
Long-Term Deferred Tax Liabilities | 117.9 | 121.7 | 147.7 | 184.5 | 210.3 | 253.5 |
Other Long-Term Liabilities | 35.5 | 34.9 | 59.9 | 19.6 | 13.3 | 36.5 |
Total Liabilities | 2,262 | 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 | 2,057 | 2,042 | 1,998 | - | - | - |
Retained Earnings | -959.9 | -397 | -68.5 | - | - | - |
Comprehensive Income & Other | -238.2 | -282.9 | -215.5 | -276 | -148.4 | -120.4 |
Shareholders' Equity | 858.8 | 1,362 | 1,714 | 3,343 | 3,261 | 3,292 |
Total Liabilities & Equity | 3,121 | 3,579 | 4,333 | 4,288 | 4,369 | 4,340 |
Total Debt | 1,288 | 1,199 | 1,675 | 63.4 | 77.2 | 84.9 |
Net Cash (Debt) | -1,186 | -1,080 | -1,566 | 48.6 | 17.4 | -4.6 |
Net Cash Growth | - | - | - | 179.31% | - | - |
Net Cash Per Share | -13.22 | -12.07 | -17.64 | 0.55 | 0.20 | - |
Filing Date Shares Outstanding | 90.5 | 90.2 | 89.4 | 88.8 | 88.8 | - |
Total Common Shares Outstanding | 90.5 | 89.7 | 88.8 | 88.8 | 88.8 | - |
Working Capital | -28.8 | -1.3 | 472.4 | 547.9 | 290.8 | 239.4 |
Book Value Per Share | 9.49 | 15.19 | 19.30 | 37.64 | - | - |
Tangible Book Value | -1,035 | -1,004 | -753.4 | 522 | 244.2 | 95.6 |
Tangible Book Value Per Share | -11.44 | -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 May 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.