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Fortrea Holdings Inc.

$17.41 +$0.60 (+3.57%)
NASDAQ · 14 Sep 2026 20:00 UTC
Previous Close
$17.2
Day Range
$16.98$17.67
Year Range
$8.3$21.39
Market Cap
1.66B
AVG Volume
1.41M
Trailing/Forward PE
-18.72/16.37
PEG ratio
-0.7
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
NASDAQUS
Revenue (USD)
01B2B3B2022202320242025
FTRE Revenue (USD) by year
PeriodRevenue (USD)
20252.72B
20242.7B
20232.91B
20222.84B
Net Income (USD)
-1B-500M0500M2022202320242025
FTRE Net Income (USD) by year
PeriodNet Income (USD)
2025-986.2M
2024-328.5M
2023-6.7M
2022186.2M
Operating Income (USD)
-600M-400M-200M0200M2022202320242025
FTRE Operating Income (USD) by year
PeriodOperating Income (USD)
2025-538.1M
2024-161.9M
202345.3M
2022187.1M
EBITDA (USD)
-1B-500M0500M2022202320242025
FTRE EBITDA (USD) by year
PeriodEBITDA (USD)
2025-813.7M
2024-64.3M
2023155.7M
2022280.8M
Cash Flows (USD)
0100M200M300M2022202320242025
FTRE Cash Flows (USD) by year
PeriodCash Flows (USD)
202588.3M
2024237.3M
2023122.1M
202233.1M
EPS (USD)
-15-10-5052022202320242025
FTRE EPS (USD) by year
PeriodEPS (USD)
2025-10.97
2024-3.69
2023-0.37
20222.11
Expenses (USD)
0200M400M600MSG&ACapex2022202320242025
FTRE Expenses (USD) by year
PeriodExpenses (USD)
2025481.6M
2024586.2M
2023460.6M
2022470.5M
Cash & Debt (USD)
0500M1B1.5B2BCashLong Term DebtShort Term Debt2022202320242025
FTRE Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025174.6M
2024118.5M
2023108.6M
2022112M
Debt ratios
-3-2-102025
FTRE Debt ratios by year
PeriodDebt ratios
2025-2.13
Margins
0%10%20%30%2022202320242025
FTRE Margins by year
PeriodMargins
202516.35%
202419.81%
202319.89%
202225.53%
Return on Capital
-200%-150%-100%-50%0%50%2022202320242025
FTRE Return on Capital by year
PeriodReturn on Capital
2025-175.01%
2024-24.11%
2023-0.39%
20225.57%
Shares Outstanding
025M50M75M100M2022202320242025
FTRE Shares Outstanding by year
PeriodShares Outstanding
202591.2M
202490M
202387.8M
202288.4M
Book Value Per Share (USD)
0102030402022202320242025
FTRE Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20256.18
202415.14
202319.52
202237.81
Total Assets (USD)
02B4B6B2022202320242025
FTRE Total Assets (USD) by year
PeriodTotal Assets (USD)
20252.72B
20243.58B
20234.33B
20224.29B
Employee Count
05K10K15K20K202320242025
FTRE Employee Count by year
PeriodEmployee Count
202514.3K
202415.5K
202318K
PE Ratio
0204060med 19.95Jun 23Aug 23Sep 23Nov 23Dec 23Jan 24Mar 24
FTRE PE Ratio by year
PeriodPE Ratio
Mar 2457.44
Mar 2458.83
Feb 2457.03
Feb 2455.53
Feb 2449.59
Feb 2447.63
Jan 2448.22
Jan 2447.83
Jan 2447.92
Jan 2451.31
Dec 2354.43
Dec 2354.35
Dec 2350.59
Dec 2347.81
Dec 2348.55
Nov 2352.17
Nov 2349.73
Nov 2319.18
Nov 2320.3
Oct 2318.72
Oct 2319.35
Oct 2320.03
Oct 2318.45
Sep 2319.44
Sep 2318.89
Sep 2319.87
Sep 2317.76
Sep 2318.47
Aug 2318.68
Aug 2317.73
Aug 2316.3
Aug 2315.83
Jul 2316.88
Jul 2317.5
Jul 2317.3
Jul 2317.14
Jun 2318.09
Jun 2317.95
Free Cash Flow Yield
-20%0%20%40%60%med 11.68%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
FTRE Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 269.29%
Sep 269.02%
Aug 268.49%
Aug 268.69%
Aug 269.17%
Aug 268.67%
Jul 268.33%
Jul 2610.7%
Jul 2611.76%
Jul 2611.76%
Jul 2612.08%
Jun 2611.83%
Jun 2613.64%
Jun 2612.67%
Jun 2612.98%
May 2613.57%
May 2615.79%
May 2615.28%
May 2613.53%
May 267.95%
Apr 269.88%
Apr 269.33%
Apr 2610.55%
Apr 2610.25%
Mar 2610.67%
Mar 2610.16%
Mar 2610.84%
Mar 2610.07%
Feb 269.03%
Feb 26-1.3%
Feb 26-1.46%
Feb 26-0.97%
Jan 26-0.85%
Jan 26-0.85%
Jan 26-0.86%
Jan 26-0.82%
Jan 26-0.85%
Dec 25-0.82%
Dec 25-0.8%
Dec 25-0.91%
Dec 25-1%
Nov 25-1.12%
Nov 25-1.31%
Nov 25-1.37%
Nov 25-1.27%
Oct 25-10.88%
Oct 25-10.07%
Oct 25-12.04%
Oct 25-11.76%
Oct 25-12.04%
Sep 25-13.11%
Sep 25-11.23%
Sep 25-11.27%
Sep 25-9.78%
Aug 25-11.55%
Aug 25-13.64%
Aug 25-14.15%
Aug 25-17.29%
Aug 2529.73%
Jul 2523.87%
Jul 2534.61%
Jul 2531.76%
Jul 2531.09%
Jun 2532.59%
Jun 2530.51%
Jun 2527.46%
Jun 2530.74%
May 2537.75%
May 2539.98%
May 2536.56%
May 2542.87%
May 2542.12%
Apr 2544.54%
Apr 2549.84%
Apr 2550.9%
Apr 2540.82%
Mar 2532.84%
Mar 2530.06%
Mar 2527.29%
Mar 2524.69%
Feb 2517.65%
Feb 2516.43%
Feb 2516.33%
Feb 2516.39%
Jan 2514.54%
Jan 2513.75%
Jan 2513.82%
Jan 2513.44%
Jan 2512.68%
Dec 2412.63%
Dec 2412.69%
Dec 2412.22%
Dec 2411.28%
Nov 2411.61%
Nov 2412.39%
Nov 2412.64%
Nov 2410.4%
Nov 2415.1%
Oct 2414.68%
Oct 2412.79%
Price to Sales
00.20.40.60.8med 0.41Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
FTRE Price to Sales by year
PeriodPrice to Sales
Sep 260.61
Sep 260.62
Aug 260.66
Aug 260.65
Aug 260.61
Aug 260.65
Jul 260.68
Jul 260.66
Jul 260.6
Jul 260.6
Jul 260.58
Jun 260.59
Jun 260.52
Jun 260.55
Jun 260.54
May 260.52
May 260.45
May 260.46
May 260.52
May 260.41
Apr 260.33
Apr 260.35
Apr 260.31
Apr 260.32
Mar 260.3
Mar 260.32
Mar 260.3
Mar 260.32
Feb 260.36
Feb 260.36
Feb 260.32
Feb 260.48
Jan 260.56
Jan 260.56
Jan 260.55
Jan 260.57
Jan 260.56
Dec 250.57
Dec 250.59
Dec 250.52
Dec 250.47
Nov 250.42
Nov 250.36
Nov 250.34
Nov 250.37
Oct 250.35
Oct 250.37
Oct 250.31
Oct 250.32
Oct 250.31
Sep 250.29
Sep 250.34
Sep 250.33
Sep 250.39
Aug 250.33
Aug 250.28
Aug 250.27
Aug 250.22
Aug 250.18
Jul 250.23
Jul 250.16
Jul 250.17
Jul 250.17
Jun 250.17
Jun 250.18
Jun 250.2
Jun 250.18
May 250.14
May 250.14
May 250.15
May 250.21
May 250.21
Apr 250.2
Apr 250.18
Apr 250.17
Apr 250.22
Mar 250.27
Mar 250.29
Mar 250.32
Mar 250.36
Feb 250.45
Feb 250.48
Feb 250.49
Feb 250.48
Jan 250.55
Jan 250.58
Jan 250.57
Jan 250.59
Jan 250.63
Dec 240.63
Dec 240.62
Dec 240.65
Dec 240.7
Nov 240.68
Nov 240.64
Nov 240.63
Nov 240.76
Nov 240.54
Oct 240.55
Oct 240.63
EV/EBITDA
050100150200250med 32Aug 23Oct 23Jan 24Apr 24Jul 24Sep 24Sep 26
FTRE EV/EBITDA by year
PeriodEV/EBITDA
Sep 2631.66
Sep 2632.24
Aug 2633.53
Aug 2633.04
Aug 2631.9
Aug 2633.09
Jul 2633.95
Nov 24169.95
Oct 24172.78
Oct 24187.83
Oct 24182.19
Oct 24181.36
Sep 24187.54
Sep 24211.42
Sep 24196.66
Sep 24189.01
Aug 24206.48
Aug 24200.42
Aug 24201.89
Aug 2438.41
Aug 2439.58
Jul 2439.98
Jul 2439.18
Jul 2439.16
Jul 2436.79
Jun 2436.78
Jun 2436.61
Jun 2437.34
Jun 2439.61
May 2438.61
May 2438.75
May 2425.58
May 2428.67
May 2431.14
Apr 2430.54
Apr 2430.06
Apr 2432.06
Apr 2432.06
Mar 2432.68
Mar 2432
Mar 2432.2
Mar 2433.49
Mar 2434.03
Feb 2433.33
Feb 2432.74
Feb 2430.42
Feb 2429.65
Jan 2429.88
Jan 2429.73
Jan 2429.77
Jan 2431.09
Dec 2332.31
Dec 2332.28
Dec 2330.81
Dec 2329.72
Dec 2330.01
Nov 2331.42
Nov 2330.47
Nov 2320.1
Nov 2320.82
Oct 2319.8
Oct 2320.21
Oct 2320.65
Oct 2319.63
Sep 2320.27
Sep 2319.91
Sep 2320.55
Sep 2319.19
Sep 2319.65
Aug 2319.78
Aug 2319.17
Aug 2316.96
Aug 2316.65
Jul 2317.34
Jul 2317.76
Jul 2317.62
Jul 2317.52
Jun 2318.15
Jun 2318.06
Price/Operating Cashflow
050010001500med 7.06Sep 24Jan 25Apr 25Aug 25Feb 26May 26Sep 26
FTRE Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 268.89
Sep 269.15
Aug 269.72
Aug 269.51
Aug 269
Aug 269.53
Jul 269.91
Jul 268.07
Jul 267.34
Jul 267.34
Jul 267.14
Jun 267.29
Jun 266.33
Jun 266.81
Jun 266.64
May 266.36
May 265.46
May 265.64
May 266.38
May 269.79
Apr 267.87
Apr 268.34
Apr 267.38
Apr 267.59
Mar 267.29
Mar 267.66
Mar 267.18
Mar 267.72
Feb 268.61
Feb 26668.8
Feb 26595.23
Feb 26890.72
Jan 261022.05
Jan 261023.26
Jan 261003.2
Jan 261057.31
Jan 261022.05
Dec 251057.92
Dec 251078.59
Dec 25955.78
Dec 25865.79
Nov 25772.77
Nov 25662.72
Nov 25632.93
Nov 25684
Aug 252.97
Jul 253.7
Jul 252.55
Jul 252.78
Jul 252.84
Jun 252.71
Jun 252.9
Jun 253.22
Jun 252.87
May 252.34
May 252.21
May 252.42
May 252.11
May 252.14
Apr 252.03
Apr 251.81
Apr 251.77
Apr 252.21
Mar 252.75
Mar 253
Mar 253.31
Mar 253.66
Feb 254.83
Feb 255.19
Feb 255.22
Feb 255.2
Jan 255.86
Jan 256.2
Jan 256.17
Jan 256.34
Jan 256.72
Dec 246.75
Dec 246.72
Dec 246.97
Dec 247.56
Nov 247.34
Nov 246.88
Nov 246.74
Nov 248.19
Nov 245.74
Oct 245.9
Oct 246.78
Oct 246.45
Oct 246.4
Sep 246.76
Sep 248.14
Sep 247.29
Sep 246.84
Aug 247.86
Aug 247.51
Aug 247.59
Aug 2416.17
Aug 2417.02
Jul 2417.3
Jul 2416.73
Price to Book
01234med 1.48Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
FTRE Price to Book by year
PeriodPrice to Book
Sep 263.09
Sep 263.18
Aug 263.38
Aug 263.31
Aug 263.13
Aug 263.31
Jul 263.45
Jul 263.39
Jul 263.08
Jul 263.08
Jul 263
Jun 263.06
Jun 262.66
Jun 262.86
Jun 262.79
May 262.67
May 262.29
May 262.37
May 262.68
May 261.97
Apr 261.59
Apr 261.68
Apr 261.49
Apr 261.53
Mar 261.47
Mar 261.54
Mar 261.45
Mar 261.56
Feb 261.73
Feb 261.73
Feb 261.54
Feb 262.3
Jan 262.64
Jan 262.64
Jan 262.59
Jan 262.73
Jan 262.64
Dec 252.73
Dec 252.79
Dec 252.47
Dec 252.24
Nov 252
Nov 251.71
Nov 251.63
Nov 251.77
Oct 251.61
Oct 251.74
Oct 251.45
Oct 251.49
Oct 251.45
Sep 251.33
Sep 251.56
Sep 251.55
Sep 251.79
Aug 251.51
Aug 251.28
Aug 251.24
Aug 251.01
Aug 250.57
Jul 250.71
Jul 250.49
Jul 250.53
Jul 250.54
Jun 250.52
Jun 250.55
Jun 250.62
Jun 250.55
May 250.45
May 250.42
May 250.46
May 250.41
May 250.41
Apr 250.39
Apr 250.35
Apr 250.34
Apr 250.43
Mar 250.53
Mar 250.58
Mar 250.64
Mar 250.71
Feb 250.82
Feb 250.88
Feb 250.89
Feb 250.89
Jan 251
Jan 251.06
Jan 251.05
Jan 251.08
Jan 251.15
Dec 241.15
Dec 241.15
Dec 241.19
Dec 241.29
Nov 241.25
Nov 241.17
Nov 241.15
Nov 241.4
Nov 241.03
Oct 241.06
Oct 241.22
Fortrea Holdings Inc.
FTRE
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News: FTRE

Fortrea Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

globenewswire.com · 10 Sep 2026

Fortrea Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

DURHAM, N.C., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (“CRO”), today announced the granting of an inducement award of restricted stock units (“RSUs”) and performance share units (“PSUs”) on September 10, 2026, to five newly hired employees.

Fortrea to Participate in September Investor Conferences

globenewswire.com · 10 Sep 2026

Fortrea to Participate in September Investor Conferences

DURHAM, N.C., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (“CRO”), today announced that CEO Anshul Thakral, CFO Jason Knoblauch, and SVP of Investor Relations, Tracy Krumme will participate in the following conferences in September:

Fortrea Leverages Early Phase Strengths to Accelerate Market Expansion

benzinga.com · 2 Sep 2026

Fortrea Leverages Early Phase Strengths to Accelerate Market Expansion

Fortrea (NASDAQ:FTRE) signed a definitive agreement to acquire the Early Phase Services division of Worldwide Clinical Trials in an all-cash transaction valued at approximately $45 million.

Fortrea to Acquire Clinical Pharmacology Unit and Bioanalytical Laboratory Operations from Worldwide Clinical Trials

globenewswire.com · 2 Sep 2026

Fortrea to Acquire Clinical Pharmacology Unit and Bioanalytical Laboratory Operations from Worldwide Clinical Trials

Adds dedicated bioanalytical capabilities and expanded capacity to Fortrea's early clinical development network as Worldwide advances its strategy to scale clinical development, therapeutic leadership and high-growth markets Adds dedicated bioanalytical capabilities and expanded capacity to Fortrea's early clinical development network as Worldwide advances its strategy to scale clinical development, therapeutic leadership and high-growth markets

Fortrea Holdings: The Turnaround Is Showing Up In Earnings Before Revenue

seekingalpha.com · 30 Aug 2026

Fortrea Holdings: The Turnaround Is Showing Up In Earnings Before Revenue

Fortrea Holdings Inc. is rated Buy at ~$18.86, driven by an earnings turnaround from aggressive cost reductions, not revenue growth. Adjusted EBITDA rose ~24% in H1 despite a ~3.4% revenue decline, as direct costs and SG&A fell faster than sales. Net new business awards increased ~19% YoY, with a trailing-12-month book-to-bill ratio of 1.12x, but revenue conversion remains uncertain.

Fortrea Holdings Inc. (FTRE) Upgraded to Strong Buy: Here's What You Should Know

zacks.com · 31 Jul 2026

Fortrea Holdings Inc. (FTRE) Upgraded to Strong Buy: Here's What You Should Know

Fortrea Holdings Inc. (FTRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

FTRE vs. ARGX: Which Stock Is the Better Value Option?

zacks.com · 31 Jul 2026

FTRE vs. ARGX: Which Stock Is the Better Value Option?

Investors interested in Medical - Biomedical and Genetics stocks are likely familiar with Fortrea Holdings Inc. (FTRE) and argenex SE (ARGX). But which of these two companies is the best option for those looking for undervalued stocks?

Best Momentum Stock to Buy for July 31st

zacks.com · 31 Jul 2026

Best Momentum Stock to Buy for July 31st

FTRE, ASML and KLAC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 31, 2026.

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