Fortrea Holdings Inc. (FTRE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FTRE SEC filings page.
Fortrea Holdings Inc. (FTRE) reported $2.7B in revenue over the twelve months to Jun 30, 2026, down 2.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Fortrea’s revenue stayed broadly level, but weaker operating economics and shrinking equity made the balance sheet increasingly leveraged.
Revenue stability did not translate into operating stability: revenue was$2.84B in FY2023 and$2.72B in FY2025, while operating margin moved from1.1% to-32.0% . Gross margin also slipped from20.8% to18.5% , so the deterioration extended beyond overhead and financing costs into the economics of delivered work.
Balance-sheet leverage increased as losses consumed equity. Total equity fell from
Cash generation and reported earnings diverged sharply. FY2025 operating cash flow remained positive at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Fortrea Holdings Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Fortrea Holdings Inc. has an operating margin of -32.0%, meaning the company loses $32 on every $100 of revenue. This results in a profitability score of 13/100. This is down from -6.0% the prior year.
Fortrea Holdings Inc.'s revenue grew a modest 1.0% year-over-year to $2.7B. This slow but positive growth earns a score of 23/100.
Fortrea Holdings Inc. has a moderate D/E ratio of 1.86. This balance of debt and equity financing earns a leverage score of 34/100.
Fortrea Holdings Inc.'s current ratio of 0.98 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Fortrea Holdings Inc. has a free cash flow margin of 3.2%, earning a moderate score of 45/100. The company generates positive cash flow after capital investments, but with room for improvement.
Fortrea Holdings Inc. posts a -175.5% return on equity (ROE), meaning it loses $176 for every $100 of shareholders' equity. This results in a returns score of 13/100. This is down from -24.1% the prior year.
Fortrea Holdings Inc. scores -0.22, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.0B) relative to total liabilities ($2.2B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Fortrea Holdings Inc. passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Fortrea Holdings Inc. reported a net loss of $989.0M while generating $113.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Fortrea Holdings Inc. reported an operating loss of $872.6M against $91.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Fortrea Holdings Inc. generated $678.2M in revenue in Q2 2026. This represents a decrease of 4.5% from the same quarter a year earlier. Against the prior quarter it is up 6.6%.
Fortrea Holdings Inc.'s EBITDA was $34.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 111.1% from the same quarter a year earlier. Against the prior quarter it is up 109.8%.
Fortrea Holdings Inc. reported -$13.2M in net income in Q2 2026. This represents an increase of 96.5% from the same quarter a year earlier. Against the prior quarter it is up 44.1%.
Fortrea Holdings Inc. earned -$0.14 per diluted share (EPS) in Q2 2026. This represents an increase of 96.6% from the same quarter a year earlier. Against the prior quarter it is up 44.0%.
Cash & Balance Sheet
Fortrea Holdings Inc. generated $19.9M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 39.2% from the same quarter a year earlier. Against the prior quarter it is up 179.6%.
Fortrea Holdings Inc. held $168.6M in cash against $1.0B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Fortrea Holdings Inc.'s gross margin was 20.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Fortrea Holdings Inc.'s operating margin was 2.2% in Q2 2026, reflecting core business profitability. This is up 48.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.7 percentage points.
Fortrea Holdings Inc.'s net profit margin was -1.9% in Q2 2026, showing the share of revenue converted to profit. This is up 50.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Fortrea Holdings Inc.'s ROE was -2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 61.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.0 percentage points.
Capital Allocation
Fortrea Holdings Inc. invested $9.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 20.0% from the same quarter a year earlier. Against the prior quarter it is up 12.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
FTRE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $678.2M-4.5% | $636.5M-2.3% | $660.5M-5.2% | $701.3M+3.9% | $710.3M+7.2% | $651.3M-1.6% | $697.0M-1.8% | $674.9M-5.4% |
| Cost of Revenue | $539.0M-6.6% | $512.9M-4.1% | $529.4M-4.8% | $578.6M+9.9% | $576.8M+9.8% | $534.8M-3.5% | $556.1M-3.8% | $526.6M-6.6% |
| Gross Profit | $139.2M+4.3% | $123.6M+6.1% | $131.1M-7.0% | $122.7M-17.3% | $133.5M-2.6% | $116.5M+8.0% | $140.9M+6.9% | $148.3M-1.1% |
| SG&A Expenses | $102.1M-18.2% | $100.5M-17.5% | $103.0M-30.5% | $106.8M-21.6% | $124.8M-20.1% | $121.8M+1.4% | $148.1M+16.9% | $136.3M+27.6% |
| Operating Income | $14.8M+104.5% | -$3.4M+99.3% | -$13.6M+75.5% | -$8.6M+52.2% | -$330.3M-548.9% | -$520.1M-1290.6% | -$55.6M-131.7% | -$18.0M-274.8% |
| EBITDA | $34.4M+111.1% | $16.4M+103.3% | $5.7M+116.4% | $11.0M+243.8% | -$310.7M-953.2% | -$500.6M-3501.4% | -$34.8M-3000.0% | $3.2M-90.8% |
| Interest Expense | $19.3M-17.2% | $19.1M-14.3% | $23.2M+5.9% | $22.6M+0.9% | $23.3M-48.5% | $22.3M-35.0% | $21.9M-36.3% | $22.4M-35.3% |
| Income Tax | $12.0M+185.7% | $11.3M-24.2% | -$3.1M-210.0% | -$12.8M+26.0% | $4.2M-60.7% | $14.9M+263.4% | -$1.0M+83.6% | -$17.3M-198.3% |
| Net Income | -$13.2M+96.5% | -$23.6M+95.8% | -$35.3M+42.8% | -$15.9M+43.0% | -$374.9M-170.9% | -$562.9M-457.3% | -$61.7M-13.6% | -$27.9M-99.3% |
| EPS (Basic) | -$0.14+96.6% | -$0.25+96.0% | -$0.28+58.8% | -$0.17+45.2% | -$4.14-167.1% | -$6.25-453.1% | -$0.68-9.7% | -$0.31-93.8% |
| EPS (Diluted) | -$0.14+96.6% | -$0.25+96.0% | -$0.28+58.8% | -$0.17+45.2% | -$4.14-167.1% | -$6.25-453.1% | -$0.68-9.7% | -$0.31-93.8% |
| Diluted Shares (Avg) | 95M+4.6% | 94M+3.9% | N/A | N/A | 91M+1.3% | 90M+1.0% | N/A | 90M+0.9% |
Not reported in any period shown, so not listed: R&D Expenses.
FTRE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.7B-4.2% | $2.7B-14.0% | $2.7B-24.1% | $2.7B-25.2% | $2.8B-20.5% | $3.1B-26.4% | $3.6B-17.4% | $3.7B-15.1% |
| Current Assets | $923.6M-3.8% | $881.5M-9.2% | $897.2M-5.4% | $918.5M-2.0% | $960.0M+8.1% | $970.3M-19.1% | $948.2M-24.2% | $936.9M-25.5% |
| Cash & Equivalents | $168.6M+107.6% | $147.5M+45.2% | $174.6M+47.3% | $131.3M+24.7% | $81.2M-35.7% | $101.6M+9.5% | $118.5M+9.1% | $105.3M-2.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $950.3M-1.5% | $950.8M-23.5% | $960.0M-43.9% | $958.1M-45.8% | $965.2M-44.1% | $1.2B-28.1% | $1.7B-1.7% | $1.8B-11.4% |
| Total Liabilities | $2.2B-2.5% | $2.2B-4.6% | $2.2B-2.9% | $2.2B+0.5% | $2.2B+6.7% | $2.3B-14.6% | $2.2B-15.3% | $2.2B-18.0% |
| Current Liabilities | $963.7M+2.3% | $929.1M-7.0% | $913.3M-3.8% | $914.4M+14.9% | $942.3M+25.8% | $999.1M+22.1% | $949.5M+22.0% | $795.8M+2.7% |
| Non-Current Liabilities | $1.2B-5.9% | $1.2B-2.8% | $1.2B-2.2% | $1.2B-7.9% | $1.3B-3.8% | $1.3B-31.0% | $1.3B-31.1% | $1.4B-26.7% |
| Long-Term Debt | $1.0B-5.8% | $1.0B-0.7% | $1.0B-0.2% | $1.1B-6.4% | $1.1B-2.0% | $1.0B-32.7% | $1.0B-33.0% | $1.1B-28.5% |
| Total Equity | $524.2M-11.0% | $525.9M-38.8% | $563.5M-58.6% | $580.8M-61.6% | $589.2M-59.7% | $858.8M-46.1% | $1.4B-20.5% | $1.5B-10.5% |
| Retained Earnings | -$1.4B-6.4% | -$1.4B-46.6% | -$1.4B-248.4% | -$1.4B-302.2% | -$1.3B-333.5% | -$959.9M-466.3% | -$397.0M-479.6% | -$335.8M-2463.4% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable.
FTRE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $28.9M+32.6% | -$17.0M+86.3% | $129.1M+655.0% | $86.8M+3716.7% | $21.8M-92.0% | -$124.2M-385.2% | $17.1M-7.1% | -$2.4M-226.3% |
| Depreciation & Amortization | $19.6M0.0% | $19.8M+1.5% | $19.3M-7.2% | $19.6M-7.5% | $19.6M-8.4% | $19.5M-17.0% | $20.8M-14.8% | $21.2M-13.8% |
| Stock-Based Compensation | $12.6M-44.5% | $11.4M-21.9% | N/A | $22.3M+71.5% | $22.7M+47.4% | $14.6M-3.3% | N/A | $13.0M+25.0% |
| Capital Expenditures | $9.0M+20.0% | $8.0M+175.9% | $7.5M+134.4% | $7.3M-11.0% | $7.5M-33.0% | $2.9M-68.8% | -$3.2M-66.0% | $8.2M+60.8% |
| Free Cash Flow | $19.9M+39.2% | -$25.0M+80.3% | $121.6M+774.8% | $79.5M+850.0% | $14.3M-94.6% | -$127.1M-264.2% | $13.9M+54.4% | -$10.6M-231.3% |
| Investing Cash Flow | -$7.0M+6.7% | -$8.0M-149.7% | -$7.5M-314.3% | $13.3M+264.2% | -$7.5M-102.8% | $16.1M+275.0% | $3.5M+138.9% | -$8.1M-400.0% |
| Financing Cash Flow | $0+100.0% | $0-100.0% | -$75.7M-6781.8% | -$50.0M-257.1% | -$39.0M+92.3% | $88.4M+315.0% | -$1.1M+85.7% | -$14.0M-81.8% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FTRE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.5%+1.7pp | 19.4%+1.5pp | 19.9%-0.4pp | 17.5%-4.5pp | 18.8%-1.9pp | 17.9%+1.6pp | 20.2%+1.6pp | 22.0%+1.0pp |
| Operating Margin | 2.2%+48.7pp | -0.5%+79.3pp | -2.1%+5.9pp | -1.2%+1.4pp | -46.5%-38.8pp | -79.9%-74.2pp | -8.0%-4.6pp | -2.7%-4.1pp |
| Net Margin | -1.9%+50.8pp | -3.7%+82.7pp | -5.3%+3.5pp | -2.3%+1.9pp | -52.8%-31.9pp | -86.4%-71.2pp | -8.8%-1.2pp | -4.1%-2.2pp |
| Return on Equity | -2.5%+61.1pp | -4.5%+61.0pp | -6.3%-1.7pp | -2.7%-0.9pp | -63.6%-54.2pp | -65.5%-59.2pp | -4.5%-1.4pp | -1.8%-1.0pp |
| Return on Assets | -0.5%+12.7pp | -0.9%+17.2pp | -1.3%+0.4pp | -0.6%+0.2pp | -13.2%-9.3pp | -18.0%-15.7pp | -1.7%-0.5pp | -0.8%-0.4pp |
| Current Ratio | 0.96-0.1x | 0.950.0x | 0.980.0x | 1.00-0.2x | 1.02-0.2x | 0.97-0.5x | 1.00-0.6x | 1.18-0.4x |
| Debt-to-Equity | 1.98+0.1x | 1.98+0.8x | 1.86+1.1x | 1.81+1.1x | 1.87+1.1x | 1.22+0.2x | 0.77-0.1x | 0.74-0.2x |
| Asset Turnover | 0.250.0x | 0.240.0x | 0.240.0x | 0.26+0.1x | 0.25+0.1x | 0.21+0.1x | 0.190.0x | 0.180.0x |
| FCF Margin | 2.9%+0.9pp | -3.9%+15.6pp | 18.4%+16.4pp | 11.3%+12.9pp | 2.0%-37.6pp | -19.5%-14.2pp | 2.0%+0.7pp | -1.6%-1.1pp |
Note: The current ratio is below 1.0 (0.98), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Fortrea Holdings Inc. FTRE | FY2025 | $2.7B | -$989.0M | -36.3% | $2.0B | 24/100 |
| Maravai LifeSciences Holdings, Inc. MRVI | FY2025 | $185.7M | -$130.8M | -70.4% | $1.2B | 24/100 |
| AtaiBeckley Inc. ATAI | FY2025 | $4.1M | -$660.0M | N/A | $2.7B | 54/100 |
| CorMedix Inc. CRMD | FY2025 | $311.7M | $163.1M | 52.3% | $560.4M | 50/100 |
| uniQure N.V. QURE | FY2025 | $16.1M | -$199.0M | N/A | $1.6B | 44/100 |
| EyePoint, Inc. EYPT | FY2025 | $31.4M | -$232.0M | N/A | $280.2M | 46/100 |
Where Fortrea Holdings Inc. Ranks
Frequently Asked Questions
What is Fortrea Holdings Inc.'s annual revenue?
Fortrea Holdings Inc. (FTRE) reported $2.7B in total revenue for fiscal year 2025. This represents a 1.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Fortrea Holdings Inc.'s revenue growing?
Fortrea Holdings Inc. (FTRE) revenue grew by 1.0% year-over-year, from $2.7B to $2.7B in fiscal year 2025.
Is Fortrea Holdings Inc. profitable?
No, Fortrea Holdings Inc. (FTRE) reported a net income of -$989.0M in fiscal year 2025, with a net profit margin of -36.3%.
What is Fortrea Holdings Inc.'s EBITDA?
Fortrea Holdings Inc. (FTRE) had EBITDA of -$794.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Fortrea Holdings Inc. have?
As of fiscal year 2025, Fortrea Holdings Inc. (FTRE) had $174.6M in cash and equivalents against $1.0B in long-term debt.
What is Fortrea Holdings Inc.'s gross margin?
Fortrea Holdings Inc. (FTRE) had a gross margin of 18.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Fortrea Holdings Inc.'s operating margin?
Fortrea Holdings Inc. (FTRE) had an operating margin of -32.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Fortrea Holdings Inc.'s net profit margin?
Fortrea Holdings Inc. (FTRE) had a net profit margin of -36.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Fortrea Holdings Inc.'s return on equity (ROE)?
Fortrea Holdings Inc. (FTRE) has a return on equity of -175.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Fortrea Holdings Inc.'s free cash flow?
Fortrea Holdings Inc. (FTRE) generated $88.3M in free cash flow during fiscal year 2025. This represents a -62.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Fortrea Holdings Inc.'s operating cash flow?
Fortrea Holdings Inc. (FTRE) generated $113.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Fortrea Holdings Inc.'s total assets?
Fortrea Holdings Inc. (FTRE) had $2.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Fortrea Holdings Inc.'s capital expenditures?
Fortrea Holdings Inc. (FTRE) invested $25.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Fortrea Holdings Inc.'s current ratio?
Fortrea Holdings Inc. (FTRE) had a current ratio of 0.98 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Fortrea Holdings Inc.'s debt-to-equity ratio?
Fortrea Holdings Inc. (FTRE) had a debt-to-equity ratio of 1.86 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fortrea Holdings Inc.'s return on assets (ROA)?
Fortrea Holdings Inc. (FTRE) had a return on assets of -36.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Fortrea Holdings Inc.'s P/E ratio?
Fortrea Holdings Inc. (FTRE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $2.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Fortrea Holdings Inc.'s price-to-sales ratio?
Fortrea Holdings Inc. (FTRE) trades at 0.8x sales, its market capitalization divided by revenue of $2.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Fortrea Holdings Inc.'s Altman Z-Score?
Fortrea Holdings Inc. (FTRE) has an Altman Z-Score of -0.22, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Fortrea Holdings Inc.'s Piotroski F-Score?
Fortrea Holdings Inc. (FTRE) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Fortrea Holdings Inc.'s earnings high quality?
Fortrea Holdings Inc. (FTRE) reported a net loss of $989.0M while generating $113.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Fortrea Holdings Inc. cover its interest payments?
Fortrea Holdings Inc. (FTRE) reported an operating loss of $872.6M against $91.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Fortrea Holdings Inc.?
Fortrea Holdings Inc. (FTRE) scores 24 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.