Fortrea Holdings Inc. (FTRE)

Fortrea Holdings Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-986.2	-328.5	-25.2	186.2	98
Depreciation & Amortization	78	86.9	98	93.6	166.3
Stock-Based Compensation	74.4	58.4	42.7	25.4	27.5
Other Adjustments	832.6	62	30.4	25.7	5.2
Change in Receivables	70.9	309.9	-53.4	-108.4	-187.6
Changes in Accounts Payable	-109.9	7.2	55.3	24.8	-6.2
Changes in Accrued Expenses	6.5	5	26.2	-125.4	52.7
Changes in Unearned Revenue	114.8	140	-2.2	-30.1	39.6
Changes in Other Operating Activities	32.4	-78.1	-3.4	-9.1	-25.7
Operating Cash Flow	113.5	262.8	168.4	82.7	169.8
Operating Cash Flow Growth	-56.81%	56.06%	103.63%	-51.30%	-15.48%
Capital Expenditures	-25.2	-25.5	-40.3	-54.4	-26.5
Sale of Property, Plant & Equipment	-	0.5	8.5	0.4	0.3
Proceeds from Business Divestments	39.6	276.6	-	-	-
Investing Cash Flow	14.4	251.6	-31.8	-54	-26.2
Short-Term Debt Issued	453.9	826.5	164	-	-
Short-Term Debt Repaid	-453.9	-826.5	-164	-	-
Long-Term Debt Issued	-	-	1,631	-	-
Long-Term Debt Repaid	-75.7	-482.7	-15.4	-	-
Net Long-Term Debt Issued (Repaid)	-75.7	-482.7	1,616	-	-
Repurchase of Common Stock	-	-14.4	-	-	-
Net Common Stock Issued (Repurchased)	-	-14.4	-	-	-
Other Financing Activities	-0.6	-0.7	-1,757	-6.3	-128.5
Financing Cash Flow	-76.3	-497.8	-140.8	-6.3	-128.5
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.5	-6.7	2.4	-6.6	-0.8
Net Cash Flow	56.1	9.9	-1.8	15.8	14.3
Free Cash Flow	88.3	237.3	128.1	28.3	143.3
Free Cash Flow Growth	-62.79%	85.25%	352.65%	-80.25%	-18.99%
FCF Margin	3.24%	8.80%	4.70%	1.05%	5.04%
Free Cash Flow Per Share	0.97	2.65	1.44	0.32	1.61
Levered Free Cash Flow	-965.3	-675.7	763.4	-429.1	175
Unlevered Free Cash Flow	-778.84	-24.34	-741.84	-260.44	233.46

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q