Fortrea Holdings Inc. (FTRE)
NASDAQ: FTRE · Real-Time Price · USD
18.99
+0.56 (3.04%)
Aug 10, 2026, 4:00 PM EDT - Market closed
Fortrea Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -85.2 | -986.2 | -328.5 | -25.2 | 186.2 | 98 |
Depreciation & Amortization | 78.3 | 78 | 86.9 | 98 | 93.6 | 166.3 |
Stock-Based Compensation | 61.1 | 74.4 | 58.4 | 42.7 | 25.4 | 27.5 |
Other Adjustments | -1.9 | 832.6 | 62 | 30.4 | 25.7 | 5.2 |
Change in Receivables | 78.4 | 70.9 | 309.9 | -53.4 | -108.4 | -187.6 |
Changes in Accounts Payable | -38.5 | -109.9 | 7.2 | 55.3 | 24.8 | -6.2 |
Changes in Accrued Expenses | -10.1 | 6.5 | 5 | 26.2 | -125.4 | 52.7 |
Changes in Unearned Revenue | 120.3 | 114.8 | 140 | -2.2 | -30.1 | 39.6 |
Changes in Other Operating Activities | 25.4 | 32.4 | -78.1 | -3.4 | -9.1 | -25.7 |
Operating Cash Flow | 227.8 | 113.5 | 262.8 | 168.4 | 82.7 | 169.8 |
Operating Cash Flow Growth | - | -56.81% | 56.06% | 103.63% | -51.30% | -15.48% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -31.8 | -25.2 | -25.5 | -40.3 | -54.4 | -26.5 |
Sale of Property, Plant & Equipment | 2 | - | 0.5 | 8.5 | 0.4 | 0.3 |
Proceeds from Business Divestments | 20.6 | 39.6 | 276.6 | - | - | - |
Investing Cash Flow | -9.2 | 14.4 | 251.6 | -31.8 | -54 | -26.2 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 137.5 | 453.9 | 826.5 | 164 | - | - |
Short-Term Debt Repaid | -187.5 | -453.9 | -826.5 | -164 | - | - |
Net Short-Term Debt Issued (Repaid) | -50 | 0 | 0 | 0 | - | - |
Long-Term Debt Issued | - | - | - | 1,631 | - | - |
Long-Term Debt Repaid | -75.7 | -75.7 | -482.7 | -15.4 | - | - |
Net Long-Term Debt Issued (Repaid) | -75.7 | -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 | -125.7 | -76.3 | -497.8 | -140.8 | -6.3 | -128.5 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -5.5 | 4.5 | -6.7 | 2.4 | -6.6 | -0.8 |
Net Cash Flow | 87.4 | 56.1 | 9.9 | -1.8 | 15.8 | 14.3 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 196 | 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 | 7.32% | 3.24% | 8.80% | 4.70% | 1.05% | 5.04% |
Free Cash Flow Per Share | 2.08 | 0.97 | 2.65 | 1.44 | 0.32 | 1.61 |
Levered Free Cash Flow | -67.3 | -965.3 | -675.7 | 763.4 | -429.1 | 175 |
Unlevered Free Cash Flow | 131.77 | -778.84 | -24.34 | -741.84 | -260.44 | 233.46 |