SequelSEC

Fortrea Holdings Inc. FTRE

Services-Medical Laboratories · CIK 0001965040 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$2.67B
Fiscal year ended 2026-09-30
Operating income
$12.80M
Fiscal year ended 2026-09-30
Free cash flow
Unavailable
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$448.40MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$4.80Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.8×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Services-Medical Laboratories filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity1.86x100th
Revenue YoY growth1.0%15th
Current ratio0.98x20th
SBC / revenue2.7%25th
Operating margin-32.0%33th
Net margin-36.2%38th

Fortrea Holdings Inc. (FTRE) reported revenue of $2.67B and net income of -$68.70M for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Fortrea Holdings Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Medical Laboratories.

Income

Fortrea Holdings Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Revenue$2.67B
Cost of revenueUnavailable
Gross profitUnavailable
Operating income$12.80M
Net income-$68.70M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income-$52.70M
Income tax expense$16.00M
Diluted EPSUnavailable
Selling, general & administrative$409.40M
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

Fortrea Holdings Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Cash & equivalents$220.60M
Total assets$2.74B
Current assets$952.70M
Total liabilities$2.21B
Current liabilities$983.30M
Total equity incl. NCI$532.30M
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivableUnavailable
Goodwill$949.90M
Long-term debt$1.03B
Accounts payable$53.00M

Cash flow

Fortrea Holdings Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Operating cash flow$201.80M
Capital expendituresUnavailable
Investing cash flow-$30.80M
Financing cash flow-$75.70M
Net change in cash$89.30M
Stock-based compensation$50.80M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$78.70M

Derived

Fortrea Holdings Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Free cash flowUnavailable
Gross marginUnavailable
Operating margin0.5%
FCF marginUnavailable
SBC / revenue1.9%
Current ratio0.97x
Revenue YoY growth-3.4%
Net margin-2.6%
R&D / revenueUnavailable
CapEx / revenueUnavailable
Long-term debt / equity1.94x
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FTRE in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-29View SEC filing
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-05-05View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-06View SEC filing

Companies in the same industry

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.