FTRE Fortrea Holdings Inc
Price (delayed)
$7.51
Market cap
$675.9M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$3.67
Enterprise value
$1.76B
Fortrea is a leading global contract research organization (CRO) helping customers bring life-changing solutions to patients faster. With over 19,000 professionals conducting operations in more than 90 countries, Fortrea is
Highlights
The debt has declined by 28% year-on-year
The gross margin has contracted by 4.8% YoY but it has grown by 2.1% from the previous quarter
The quick ratio has contracted by 42% YoY and by 18% from the previous quarter
FTRE's equity is down by 21% YoY and by 10% QoQ
Key stats
What are the main financial stats of FTRE
Market
Valuations
Earnings
Shares outstanding
90M
Market cap
$675.9M
Enterprise value
$1.76B
Price to earnings (P/E)
N/A
Price to book (P/B)
0.49
Price to sales (P/S)
0.25
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.65
Revenue
$2.7B
Gross profit
$534.2M
Operating income
-$161.9M
Net income
-$328.5M
EBIT
-$208.2M
EBITDA
-$107.3M
Free cash flow
$237.8M
Per share
Balance sheet
Liquidity
EPS
-$3.67
EPS diluted
-$3.67
Free cash flow per share
$2.65
Book value per share
$15.19
Revenue per share
$30.06
TBVPS
$13.52
Total assets
$3.58B
Total liabilities
$2.22B
Debt
$1.2B
Equity
$1.36B
Working capital
-$1.3M
Debt to equity
0.88
Current ratio
1
Quick ratio
0.82
Net debt/EBITDA
-10.07
Margins
Efficiency
Dividend
EBITDA margin
-4%
Gross margin
19.8%
Net margin
-12.2%
Operating margin
-6%
Return on assets
-8.7%
Return on equity
-22.2%
Return on invested capital
-12.1%
Return on capital employed
-7.9%
Return on sales
-7.7%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
FTRE stock price
How has the Fortrea Holdings stock price performed over time
Intraday
6.52%
1 week
-11.12%
1 month
-45.78%
1 year
-80.94%
YTD
-59.73%
QTD
-0.53%
Financial performance
How have Fortrea Holdings's revenue and profit performed over time
Revenue
$2.7B
Gross profit
$534.2M
Operating income
-$161.9M
Net income
-$328.5M
Gross margin
19.8%
Net margin
-12.2%
Fortrea Holdings's operating margin has decreased by 25% from the previous quarter
Fortrea Holdings's operating income has decreased by 24% from the previous quarter
Fortrea Holdings's gross profit has decreased by 10% YoY
Fortrea Holdings's revenue has decreased by 5% YoY
Growth
What is Fortrea Holdings's growth rate over time
Valuation
What is Fortrea Holdings stock price valuation
P/E
N/A
P/B
0.49
P/S
0.25
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.65
The price to book (P/B) is 69% lower than the last 4 quarters average of 1.5
FTRE's equity is down by 21% YoY and by 10% QoQ
FTRE's P/S is 71% below its last 4 quarters average of 0.8
Fortrea Holdings's revenue has decreased by 5% YoY
Efficiency
How efficient is Fortrea Holdings business performance
The return on invested capital has declined by 29% since the previous quarter
FTRE's return on equity is down by 8% since the previous quarter
The company's return on assets fell by 7% QoQ
The ROS has contracted by 7% from the previous quarter
Dividends
What is FTRE's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
There are no recent dividends present for FTRE.
Financial health
How did Fortrea Holdings financials performed over time
The total assets is 61% greater than the total liabilities
The quick ratio has contracted by 42% YoY and by 18% from the previous quarter
The current ratio has declined by 38% year-on-year and by 15% since the previous quarter
The debt is 12% smaller than the equity
The debt has declined by 28% year-on-year
FTRE's equity is down by 21% YoY and by 10% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.