Fortrea Holdings Inc. (FTRE)

Fortrea Holdings Statistics

Total Valuation

FTRE has a market cap or net worth of $683.72 million. The enterprise value is $1.76 billion.

Market Cap	683.72M
Enterprise Value	1.76B

Important Dates

The last earnings date was Monday, March 3, 2025, before market open.

Earnings Date	Mar 3, 2025
Ex-Dividend Date	n/a

Share Statistics

FTRE has 90.20 million shares outstanding. The number of shares has increased by 0.79% in one year.

Current Share Class	90.20M
Shares Outstanding	90.20M
Shares Change (YoY)	+0.79%
Shares Change (QoQ)	+0.11%
Owned by Insiders (%)	0.35%
Owned by Institutions (%)	85.69%
Float	78.28M

Valuation Ratios

PE Ratio	n/a
Forward PE	15.19
PS Ratio	0.27
Forward PS	0.26
PB Ratio	0.53
P/TBV Ratio	n/a
P/FCF Ratio	2.87
P/OCF Ratio	2.59
PEG Ratio	0.34

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.65
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	7.42

Financial Position

The company has a current ratio of 1.00, with a Debt / Equity ratio of 0.88.

Current Ratio	1.00
Quick Ratio	0.86
Debt / Equity	0.88
Debt / EBITDA	n/a
Debt / FCF	5.05
Interest Coverage	-0.90

Financial Efficiency

Return on equity (ROE) is -17.65% and return on invested capital (ROIC) is -2.35%.

Return on Equity (ROE)	-17.65%
Return on Assets (ROA)	-1.77%
Return on Invested Capital (ROIC)	-2.35%
Return on Capital Employed (ROCE)	-4.25%
Revenue Per Employee	$167,270
Profits Per Employee	-$20,378
Employee Count	16,120
Asset Turnover	0.68
Inventory Turnover	n/a

Taxes

Income Tax	-3.50M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -81.22% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-81.22%
50-Day Moving Average	13.25
200-Day Moving Average	19.40
Relative Strength Index (RSI)	20.63
Average Volume (20 Days)	2,614,509

Short Selling Information

The latest short interest is 7.87 million, so 8.72% of the outstanding shares have been sold short.

Short Interest	7.87M
Short Previous Month	6.89M
Short % of Shares Out	8.72%
Short % of Float	10.05%
Short Ratio (days to cover)	3.41

Income Statement

In the last 12 months, FTRE had revenue of $2.70 billion and -$328.50 million in losses. Loss per share was -$3.67.

Revenue	2.70B
Gross Profit	534.20M
Operating Income	-111.80M
Pretax Income	-283.50M
Net Income	-328.50M
EBITDA	-26.50M
EBIT	-111.80M
Loss Per Share	-$3.67

Balance Sheet

The company has $118.50 million in cash and $1.20 billion in debt, giving a net cash position of -$1.08 billion or -$11.98 per share.

Cash & Cash Equivalents	118.50M
Total Debt	1.20B
Net Cash	-1.08B
Net Cash Per Share	-$11.98
Equity (Book Value)	1.36B
Book Value Per Share	15.19
Working Capital	-1.30M

Cash Flow

In the last 12 months, operating cash flow was $262.80 million and capital expenditures -$25.50 million, giving a free cash flow of $237.30 million.

Operating Cash Flow	262.80M
Capital Expenditures	-25.50M
Free Cash Flow	237.30M
FCF Per Share	$2.63

Margins

Gross margin is 19.81%, with operating and profit margins of -4.15% and -12.18%.

Gross Margin	19.81%
Operating Margin	-4.15%
Pretax Margin	-10.20%
Profit Margin	-12.18%
EBITDA Margin	-0.98%
EBIT Margin	-4.15%
FCF Margin	8.80%

Dividends & Yields

FTRE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.79%
Shareholder Yield	-0.79%
Earnings Yield	-48.30%
FCF Yield	34.89%

Analyst Forecast

The average price target for FTRE is $20.30, which is 167.81% higher than the current price. The consensus rating is "Hold".

Price Target	$20.30
Price Target Difference	167.81%
Analyst Consensus	Hold
Analyst Count	11
Revenue Growth Forecast (5Y)	3.59%
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

FTRE has an Altman Z-Score of 1.15 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.15
Piotroski F-Score	4