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	Sep '25 Sep 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	131.3	118.5	108.6	112	94.6	80.3
Cash & Short-Term Investments	131.3	118.5	108.6	112	94.6	80.3
Cash Growth	24.69%	9.12%	-3.04%	18.39%	17.81%	-
Accounts Receivable	663.2	659.5	988.5	1,022	927	741.7
Other Receivables	-	34.5	22	29.2	22.8	51.9
Receivables	663.2	694	1,011	1,051	949.8	793.6
Prepaid Expenses	122.8	58.5	34.1	32.7	-	-
Other Current Assets	1.2	77.2	97.6	50.8	73.1	66
Total Current Assets	918.5	948.2	1,251	1,247	1,118	939.9
Property, Plant & Equipment	147.6	156.3	172.6	164.9	162.6	178.1
Goodwill	958.1	1,710	1,739	1,997	2,081	2,103
Other Intangible Assets	635.4	655.7	728.1	823.3	935.5	1,093
Long-Term Deferred Tax Assets	8.3	5.2	3.2	1.2	1.4	1.6
Long-Term Deferred Charges	-	18.7	-	-	-	-
Other Long-Term Assets	74.2	84.7	438.5	54.3	70.8	24.8
Total Assets	2,742	3,579	4,333	4,288	4,369	4,340
Accounts Payable	49.5	138.2	132.9	81.5	60.5	67.2
Accrued Expenses	357.2	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	9.2	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	411.6	353.3	214.2	271.5	307	266.6
Other Current Liabilities	11.5	62.7	80	27.1	30.2	38.4
Total Current Liabilities	914.4	949.5	778.4	699	826.7	700.5
Long-Term Debt	1,053	1,050	1,569	-	-	-
Long-Term Leases	51.5	60.6	62.8	40.1	53.2	58.3
Pension & Post-Retirement Benefits	-	-	1.2	2.1	4.6	-
Long-Term Deferred Tax Liabilities	106.9	121.7	147.7	184.5	210.3	253.5
Other Long-Term Liabilities	36	34.9	59.9	19.6	13.3	36.5
Total Liabilities	2,161	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	2,102	2,042	1,998	-	-	-
Retained Earnings	-1,351	-397	-68.5	-	-	-
Comprehensive Income & Other	-170.4	-282.9	-215.5	-276	-148.4	-120.4
Shareholders' Equity	580.8	1,362	1,714	3,343	3,261	3,292
Total Liabilities & Equity	2,742	3,579	4,333	4,288	4,369	4,340
Total Debt	1,189	1,199	1,675	63.4	77.2	84.9
Net Cash (Debt)	-1,057	-1,080	-1,566	48.6	17.4	-4.6
Net Cash Growth	-	-	-	179.31%	-	-
Net Cash Per Share	-11.70	-12.07	-17.64	0.55	0.20	-
Filing Date Shares Outstanding	92.4	90.2	89.4	88.8	88.8	-
Total Common Shares Outstanding	92.2	89.7	88.8	88.8	88.8	-
Working Capital	4.1	-1.3	472.4	547.9	290.8	239.4
Book Value Per Share	6.30	15.19	19.30	37.64	-	-
Tangible Book Value	-1,013	-1,004	-753.4	522	244.2	95.6
Tangible Book Value Per Share	-10.98	-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 Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q