Fortrea Holdings Inc. (FTRE)

Fortrea Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-300	-3.4	192.9	98	-359.2
Depreciation & Amortization	93.8	96.4	92.7	108.7	119
Asset Writedown & Restructuring Costs	24	-	9.8	57.6	405.7
Stock-Based Compensation	58.6	42.7	25.4	27.5	23.1
Other Operating Activities	-28.1	-14.1	12.5	5.2	3.4
Change in Accounts Receivable	307.1	-28.8	-105	-187.6	-22.6
Change in Accounts Payable	11	51.1	22.4	-6.2	-2.1
Change in Unearned Revenue	109	-3.4	-32.5	39.6	-3.6
Change in Other Net Operating Assets	-37.9	26.9	-130.7	27	37.2
Operating Cash Flow	263.1	167.4	87.5	169.8	200.9
Operating Cash Flow Growth	47.56%	91.31%	-48.47%	-15.48%	-
Capital Expenditures	-38.1	-40.3	-54.4	-26.5	-24
Sale of Property, Plant & Equipment	0.6	8.5	0.4	0.3	0.3
Cash Acquisitions	-	-	-	-	-137.5
Investing Cash Flow	239.1	-31.8	-54	-26.2	-161.2
Short-Term Debt Issued	-	164	-	-	-
Long-Term Debt Issued	-	1,631	-	-	-
Total Debt Issued	757	1,795	-	-	-
Short-Term Debt Repaid	-	-164	-	-	-
Long-Term Debt Repaid	-	-15.4	-	-	-
Total Debt Repaid	-1,247	-179.4	-	-	-
Net Debt Issued (Repaid)	-490.4	1,616	-	-	-
Other Financing Activities	1.8	-1,755	-8.7	-128.5	-33.1
Financing Cash Flow	-502.6	-139	-8.7	-128.5	-33.1
Foreign Exchange Rate Adjustments	0.3	-	-7.4	-0.8	0.5
Net Cash Flow	-0.1	-3.4	17.4	14.3	7.1
Free Cash Flow	225	127.1	33.1	143.3	176.9
Free Cash Flow Growth	74.42%	283.99%	-76.90%	-18.99%	-
Free Cash Flow Margin	7.56%	4.09%	1.07%	4.69%	6.86%
Free Cash Flow Per Share	2.52	1.43	0.37	1.61	-
Cash Interest Paid	120.5	45.1	0.4	0.2	0.1
Cash Income Tax Paid	52.9	18	27	16.1	22.2
Levered Free Cash Flow	368.2	154.8	-2.8	195.45	-
Unlevered Free Cash Flow	441.31	198.43	-2.68	195.58	-
Change in Net Working Capital	-368.7	-45	239	34.5	-

Source: S&P Capital IQ. Standard template. Financial Sources.