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FTRE Fortrea Holdings Inc

Price (delayed)

$19.5

Market cap

$1.75B

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$3.4

Enterprise value

$2.85B

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 29% year-on-year
FTRE's equity is down by 11% YoY but it is up by 3.6% QoQ
The quick ratio has contracted by 33% YoY
Fortrea Holdings's gross profit has decreased by 17% YoY

Key stats

What are the main financial stats of FTRE
Market
Shares outstanding
89.7M
Market cap
$1.75B
Enterprise value
$2.85B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
1.15
Price to sales (P/S)
0.63
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.03
Earnings
Revenue
$2.77B
EBIT
-$174.4M
EBITDA
-$67.1M
Free cash flow
$220.6M
Per share
EPS
-$3.4
Free cash flow per share
$2.46
Book value per share
$16.89
Revenue per share
$30.97
TBVPS
$13.45
Balance sheet
Total assets
$3.66B
Total liabilities
$2.15B
Debt
$1.2B
Equity
$1.51B
Working capital
$141.1M
Liquidity
Debt to equity
0.8
Current ratio
1.18
Quick ratio
1
Net debt/EBITDA
-16.37
Margins
EBITDA margin
-2.4%
Gross margin
18.5%
Net margin
-10.9%
Operating margin
-4.2%
Efficiency
Return on assets
-7.7%
Return on equity
-19.3%
Return on invested capital
-8.5%
Return on capital employed
-6.1%
Return on sales
-6.3%
Dividend
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
1.83%
1 week
-3.47%
1 month
3.01%
1 year
-40.26%
YTD
-44.13%
QTD
-2.5%

Financial performance

How have Fortrea Holdings's revenue and profit performed over time
Revenue
$2.77B
Gross profit
$513M
Operating income
-$117M
Net income
-$303.3M
Gross margin
18.5%
Net margin
-10.9%
Fortrea Holdings's operating income has plunged by 198% YoY and by 32% from the previous quarter
Fortrea Holdings's operating margin has decreased by 31% from the previous quarter
Fortrea Holdings's gross profit has decreased by 17% YoY
The gross margin has contracted by 14% 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
1.15
P/S
0.63
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.03
The EPS has contracted by 4.6% from the previous quarter
The price to book (P/B) is 32% lower than the last 4 quarters average of 1.7
FTRE's equity is down by 11% YoY but it is up by 3.6% QoQ
FTRE's P/S is 30% below its last 4 quarters average of 0.9
Fortrea Holdings's revenue has decreased by 4.1% YoY

Efficiency

How efficient is Fortrea Holdings business performance
The return on invested capital has declined by 42% since the previous quarter
The ROS has contracted by 29% from the previous quarter
The company's return on assets fell by 10% QoQ
FTRE's return on equity is down by 8% since 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 70% greater than the total liabilities
The quick ratio has contracted by 33% YoY
The current ratio has declined by 27% year-on-year
The debt is 20% smaller than the equity
The debt has declined by 29% year-on-year
Fortrea Holdings's debt to equity has decreased by 20% YoY and by 2.4% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.