Fortrea Holdings/$FTRE
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About Fortrea Holdings
Fortrea Holdings is a late-stage contract research organization, or CRO, that provides comprehensive Phase I through IV clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion. Fortrea has 19,000 staff members across 90 countries.
Ticker
$FTRE
Sector
Primary listing
Industry
Life Sciences Tools & Services
Headquarters
Employees
15,000
ISIN
US34965K1079
Website
Fortrea Holdings Metrics
BasicAdvanced
$468M
-
-$8.81
1.60
-
Price and volume
Market cap
$468M
Beta
1.6
52-week high
$28.41
52-week low
$3.97
Average daily volume
2.9M
Financial strength
Current ratio
0.971
Quick ratio
0.831
Long term debt to equity
129.134
Total debt to equity
149.779
Interest coverage (TTM)
-0.92%
Profitability
EBITDA (TTM)
-21.2
Gross margin (TTM)
20.21%
Net profit margin (TTM)
-29.43%
Operating margin (TTM)
-3.82%
Effective tax rate (TTM)
-0.98%
Revenue per employee (TTM)
$180,000
Management effectiveness
Return on assets (TTM)
-1.74%
Return on equity (TTM)
-61.58%
Valuation
Price to revenue (TTM)
0.173
Price to book
0.54
Price to tangible book (TTM)
-0.45
Price to free cash flow (TTM)
3.197
Free cash flow yield (TTM)
31.28%
Free cash flow per share (TTM)
161.72%
Growth
Revenue change (TTM)
-4.45%
Earnings per share change (TTM)
464.62%
What the Analysts think about Fortrea Holdings
Analyst ratings (Buy, Hold, Sell) for Fortrea Holdings stock.
Bulls say / Bears say
Fortrea's fourth-quarter 2024 book-to-bill ratio was 1.35x, indicating strong demand and potential revenue growth. (Fortrea Reports Fourth Quarter and Full-Year 2024 Results)
Activist investor Keith Meister projects a 42% upside for Fortrea's stock, suggesting confidence in the company's growth prospects. (Corvex founder Meister sees big upside for stocks already targeted by others)
Fortrea's transition from its former parent company has been completed, positioning it for independent strategic initiatives and potential operational efficiencies. (Fortrea Reports Fourth Quarter and Full-Year 2024 Results)
Fortrea reported a GAAP net loss of $271.5 million for the full year 2024, raising concerns about its profitability. (Fortrea Reports Fourth Quarter and Full-Year 2024 Results)
The company's 2025 revenue guidance of $2.45 to $2.55 billion reflects a potential decline from 2024 revenues, indicating possible challenges in maintaining growth. (Fortrea Reports Fourth Quarter and Full-Year 2024 Results)
Fortrea's gross debt stood at $1.142 billion as of December 31, 2024, which may limit financial flexibility and increase interest expenses. (Fortrea Reports Fourth Quarter and Full-Year 2024 Results)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.
Fortrea Holdings Financial Performance
Revenues and expenses
Fortrea Holdings Earnings Performance
Company profitability
Fortrea Holdings News
AllArticlesVideos
FTRE SHAREHOLDERS: The Fortrea Holdings Inc. August 1 Class Action Deadline is Approaching -- Contact BFA Law if You Suffered Losses (NASDAQ:FTRE)
GlobeNewsWire·3 hours ago
Investors who lost money on Fortrea Holdings Inc.(FTRE) should contact Levi & Korsinsky about pending Class Action - FTRE
GlobeNewsWire·19 hours ago
FTRE INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fortrea Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewsWire·2 days ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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Capital at risk
Upcoming events
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FAQs
What’s the current market cap for Fortrea Holdings stock?
Fortrea Holdings (FTRE) has a market cap of $468M as of July 04, 2025.
What is the P/E ratio for Fortrea Holdings stock?
The price to earnings (P/E) ratio for Fortrea Holdings (FTRE) stock is 0 as of July 04, 2025.
Does Fortrea Holdings stock pay dividends?
No, Fortrea Holdings (FTRE) stock does not pay dividends to its shareholders as of July 04, 2025.
When is the next Fortrea Holdings dividend payment date?
Fortrea Holdings (FTRE) stock does not pay dividends to its shareholders.
What is the beta indicator for Fortrea Holdings?
Fortrea Holdings (FTRE) has a beta rating of 1.6. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.