FTRENasdaqServices-Medical LaboratoriesFiscal year ends December 31
Fortrea Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$22.42−0.07 (-0.31%)
Close on Oct 19, 2026
- Market cap
- $2.13B
- P/E (TTM)
- –
- Dividend yield
- –
Fortrea statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Services-Medical Laboratories companies for comparison
Valuation
| Measure | Fortrea | Industry median |
|---|---|---|
| Market Cap | $2.13B | $1.14B |
| Enterprise Value | $3.02B | $1.35B |
| PS Ratio | 0.80 | 1.63 |
| PB Ratio | 4.07 | 3.03 |
| P/FCF Ratio | 10.88 | 20.54 |
| P/OCF Ratio | 9.36 | 15.44 |
Enterprise value
| Measure | Fortrea | Industry median |
|---|---|---|
| EV / Sales | 1.13 | 1.78 |
| EV / EBITDA | 44.71 | 14.40 |
| EV / FCF | 15.40 | 23.16 |
Income (trailing twelve months)
| Measure | Fortrea | Industry median |
|---|---|---|
| Revenue | $2.68B | $561.90M |
| Gross Profit | $516.60M | $173.32M |
| Operating Income | -$10.80M | -$1.81M |
| Pretax Income | -$77.80M | -$572.42K |
| Net Income | -$85.20M | -$1.16M |
| EBITDA | $67.50M | -$20.72K |
Margins
| Measure | Fortrea | Industry median |
|---|---|---|
| Gross Margin | 19.3% | 33.1% |
| Operating Margin | -0.40% | -4.45% |
| Pretax Margin | -2.91% | 1.54% |
| Profit Margin | -3.18% | -2.91% |
| EBITDA Margin | 2.52% | 2.41% |
| FCF Margin | 7.32% | 3.13% |
Returns
| Measure | Fortrea | Industry median |
|---|---|---|
| Return on Equity (ROE) | -15.3% | 1.84% |
| Return on Assets (ROA) | -3.07% | -3.06% |
| Return on Invested Capital (ROIC) | -0.55% | 2.11% |
| Return on Capital Employed (ROCE) | -0.62% | -0.57% |
Growth
| Measure | Fortrea | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -2.09% | 6.92% |
| Revenue Growth (3Y CAGR) | -1.35% | 10.9% |
Balance sheet
| Measure | Fortrea | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $168.60M | $48.71M |
| Total Debt | $1.05B | $140.00M |
| Net Cash (Debt) | -$885.70M | $205.49K |
| Net Cash Per Share | -$9.31 | $0.01 |
| Equity (Book Value) | $524.20M | $235.16M |
| Book Value Per Share | $5.51 | $3.48 |
| Tangible Book Value | -$1.01B | $703.69K |
| Working Capital | -$40.10M | $30.48M |
Financial position
| Measure | Fortrea | Industry median |
|---|---|---|
| Current Ratio | 0.96 | 1.40 |
| Quick Ratio | 0.17 | 1.02 |
| Debt / Equity | 2.01 | 0.66 |
| Debt / EBITDA | 15.62 | 2.61 |
| Debt / FCF | 5.38 | 4.59 |
| Net Debt / EBITDA | 13.12 | 2.15 |
Cash flow (trailing twelve months)
| Measure | Fortrea | Industry median |
|---|---|---|
| Operating Cash Flow | $227.80M | $3.10M |
| Capital Expenditures | -$31.80M | -$18.62M |
| Free Cash Flow | $196.00M | $23.73M |
| FCF Per Share | $2.06 | $0.37 |
Efficiency
| Measure | Fortrea | Industry median |
|---|---|---|
| Asset Turnover | 0.96 | 0.87 |
| Revenue Per Employee | $187.17K | $228.48K |
| Profits Per Employee | -$5.96K | -$8.65K |
| Employee Count | 14,300 | 913 |
Dividends and yields
| Measure | Fortrea | Industry median |
|---|---|---|
| Earnings Yield | -4.00% | -1.25% |
| FCF Yield | 9.19% | 1.74% |
Shares
| Measure | Fortrea | Industry median |
|---|---|---|
| Shares Outstanding | 95,100,000 | 58,282,400 |
| Shares Change (QoQ) | 0.53% | 0.32% |
| Float | 91,300,800 | 33,780,100 |
| Shares Held by Insiders | 3.99% | 16.4% |
| Shares Held by Institutions | 105.3% | 85.9% |
Taxes
| Measure | Fortrea | Industry median |
|---|---|---|
| Income Tax | $7.40M | $697.00K |
Scores
| Measure | Fortrea | Industry median |
|---|---|---|
| Altman Z-Score | 0.81 | 1.96 |
| Piotroski F-Score | 3 | 5 |
Calculated by StockData from Fortrea's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.