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Fortrea Holdings Inc.

FTRE

$20.47 ▼ -0.37 (-1.78%) at close

21 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Fortrea Holdings Inc. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $2.0B

Dividend Yield —

Revenue Growth -1.4% ↗

Op. Margin 2.2% →

ROIC -0.2% ↘

FCF / Share $0.64 ↗

Trailing P/E 2047.0x

Price / Book 3.7x

FCF Yield 3.1%

Debt / Equity 1.94

info Valuation on last close. End-of-day price, Nov 5, 2026.

21-Year Financial Trajectory

Quarterly

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$691.50M

↓ -1.4% —

Net Income Profit after all expenses

$-23.60M

↑ +95.8% —

Operating Margin Operating profit as % of sales

2.2%

↓ -0.6% 7th

FCF / Share Free cash flow per share

$0.64

↑ +108.6% —

Long-Term Debt Long-term obligations

$1.03B

↓ -0.5% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health

Cash Quality

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📈 Is growth accelerating? 5 metrics

Metric	Q3 FY2026 Sep 30, 2026 10-Q ↗	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Jun 30, 2023 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Dec 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q4 FY2020 Dec 31, 2020 10-K ↗
Revenue Growth YoY (%)	-1.4% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-117%)	-4.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-156%)	-2.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-128%)	-5.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-165%)	3.9% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-51%)	7.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-10%)	-1.6% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-120%)	-1.8% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-122%)	-13.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-263%)	-16.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-306%)	-4.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-157%)	41.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+415%)	1.8% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-77%)	-0.0% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-100%)	-75.5% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1044%)	—	—	—	—	—	—
EPS Growth YoY (%)	N/M	96.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	96.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	58.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	45.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-167.1% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-453.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-9.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-106.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	N/M	-57.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-93.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—
Net Income Growth YoY (%)	95.8% Excellent ↑ Excellent Improving Year-over-year change in net income	95.8% Excellent ↑ Excellent Improving Year-over-year change in net income	95.8% Excellent ↑ Excellent Improving Year-over-year change in net income	46.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-457.3% Weak ↓ Weak Declining Year-over-year change in net income	-457.3% Weak ↓ Weak Declining Year-over-year change in net income	-457.3% Weak Weak Year-over-year change in net income	-12.3% Weak Weak Year-over-year change in net income	N/M	N/M	N/M	N/M	-46.5% Weak ↑ Weak Improving Year-over-year change in net income	-46.5% Weak Weak Year-over-year change in net income	-93.3% Weak Weak Year-over-year change in net income	—	—	—	—	—	—
FCF Growth YoY (%)	—	—	—	—	—	—	—	—	—	—	-1174.3% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	-3.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-5.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-2.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	9.5% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-2.7% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-3.6% Weak Weak Compound annual revenue growth over 3 years	-38.8% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	Q3 FY2026 Sep 30, 2026 10-Q ↗	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Jun 30, 2023 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Dec 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q4 FY2020 Dec 31, 2020 10-K ↗
Operating Margin (%) (%)	2.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	2.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-85%)	-0.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-104%)	-2.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-114%)	-1.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-108%)	-46.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-410%)	-79.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-632%)	-8.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-153%)	-2.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-118%)	-7.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-151%)	-5.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-138%)	-3.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	1.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	4.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-72%)	2.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	2.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	9.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	9.0% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	6.6% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	—	—
Effective Tax Rate (%) (%)	116.7% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1000.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-91.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	8.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	44.6% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	48.3% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-12.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-5.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.8% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.2% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.8% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-63.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	18.3% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	20.6% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.0% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-3.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-128%)	-3.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-129%)	-3.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-131%)	-4.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-141%)	-80.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-769%)	-79.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-760%)	-86.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-820%)	-8.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-173%)	-15.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-225%)	-15.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-227%)	-15.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-227%)	-7.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-164%)	2.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	2.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-82%)	1.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-85%)	5.3% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	4.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-64%)	4.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-66%)	6.6% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-45%)	—	—
FCF Margin (%) (%)	8.8% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-2.7% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	19.5% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-19.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	2.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-3.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	2.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-0.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	10.6% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	-13.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	2.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—
FCF / Net Income (x)	-2.58x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.22x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.72x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	-3.97x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	0.22x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.28x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	0.25x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.34x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	-0.16x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.88x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	2.49x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-3.21x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.44x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	Q3 FY2026 Sep 30, 2026 10-Q ↗	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Jun 30, 2023 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Dec 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q4 FY2020 Dec 31, 2020 10-K ↗
Return on Invested Capital (%)	-0.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	10.4% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-19.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-28.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-0.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-2.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-1.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-1.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	4.5% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	0.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-0.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-0.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-0.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-11.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-16.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-1.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	—	0.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	0.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	—	—	—	—
Return on Common Equity (%) (%)	-4.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-130%)	-4.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-130%)	-4.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-130%)	-5.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-138%)	-96.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-746%)	-95.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-737%)	-65.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-537%)	-4.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-130%)	-6.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-144%)	-6.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-146%)	-6.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-142%)	-3.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-121%)	1.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-93%)	1.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-93%)	0.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-98%)	0.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-95%)	1.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-93%)	1.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-93%)	5.7% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-62%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	Q3 FY2026 Sep 30, 2026 10-Q ↗	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Jun 30, 2023 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Dec 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q4 FY2020 Dec 31, 2020 10-K ↗
Debt to Equity (x)	1.94x Weak → Weak Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+223%)	1.98x Weak → Weak Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+230%)	1.98x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+230%)	1.86x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+210%)	1.81x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+202%)	1.87x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+211%)	1.22x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+104%)	0.77x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+28%)	0.74x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+24%)	0.77x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+28%)	0.98x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+63%)	—	0.93x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+55%)	0.90x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+50%)	—	—	—	—	—	—	—
Interest Coverage (x)	0.54x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	1.59x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-0.15x Weak Weak Operating income divided by interest expense Optimal: > 5x	-0.80x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	-15.21x Weak Weak Operating income divided by interest expense Optimal: > 5x	-4.92x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	-0.84x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.08x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.40x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	48.29x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	141.00x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	71.50x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	935.50x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$811.30M	$868.60M	$895.10M	$873.40M	$920.80M	$1.02B	$948.30M	$931.20M	$1.02B	$997.60M	$1.47B	—	$1.46B	$1.46B	—	—	—	—	—	—	—
Debt / EBITDA (x)	29.48x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	30.15x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	63.57x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	183.86x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-122.34x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-3.33x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.10x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-30.16x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-62.47x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-22.08x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-112.19x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	40.74x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	26.81x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	Q3 FY2026 Sep 30, 2026 10-Q ↗	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Jun 30, 2023 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Dec 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q4 FY2020 Dec 31, 2020 10-K ↗
Revenue per Share (USD)	$7.23	$7.15	$6.80	—	—	—	—	—	$7.53	$7.41	$7.42	—	$8.74	$8.93	$7.81	—	$8.58	$8.93	—	—	—
Basic EPS, GAAP (USD)	$0.01	$-0.14	$-0.25	$-0.28	$-0.17	$-4.14	$-6.25	$-0.68	$-0.31	$-1.55	$-1.13	$-0.62	$-0.15	$0.32	$0.14	$0.29	$0.68	$0.75	$2.09	—	—
Free Cash Flow per Share (USD)	$0.64	$0.30	$-0.18	—	—	—	—	—	—	—	$-0.29	—	—	—	$-0.02	—	$0.91	$-1.18	—	—	—
Book Value per Share (USD)	$5.52	$5.51	$5.56	$6.05	$6.30	$6.49	$9.49	$15.19	$16.87	$16.33	$17.81	—	$19.08	$19.72	$38.32	$37.61	$36.29	$37.15	—	—	—
Tangible Book Value per Share (USD)	$-10.25	$-10.65	$-10.85	$-10.94	$-10.98	$-11.35	$-11.44	$-11.19	$-10.53	$-10.69	$-9.44	—	$-12.10	$-12.11	$18.95	$18.39	$14.47	$14.61	—	—	—
Basic Weighted Avg Shares (shares)	95.60M	94.80M	93.60M	—	—	—	—	—	89.60M	89.40M	89.20M	—	88.80M	88.80M	88.80M	—	88.80M	88.80M	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	Q3 FY2026 Sep 30, 2026 10-Q ↗	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Jun 30, 2023 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Dec 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q4 FY2020 Dec 31, 2020 10-K ↗
Working Capital (USD)	$-30.60M	$-40.10M	$-47.60M	$-16.10M	$4.10M	$17.70M	$-28.80M	$-1.30M	$141.10M	$138.70M	$381.70M	—	$483.20M	$479.40M	—	—	—	—	—	—	—
LT Debt (USD)	$1.03B	$1.04B	$1.04B	$1.05B	$1.05B	$1.10B	$1.05B	$1.05B	$1.12B	$1.12B	$1.56B	—	$1.57B	$1.58B	—	—	—	—	—	—	—
Total Equity (USD)	$532.30M	$524.20M	$525.90M	$563.50M	$580.80M	$589.20M	$858.80M	$1.36B	$1.51B	$1.46B	$1.59B	$1.71B	$1.69B	$1.75B	$3.40B	$3.34B	$3.22B	$3.30B	$3.26B	$3.26B	$3.29B

📋 What is driving earnings? 4 metrics

Metric	Q3 FY2026 Sep 30, 2026 10-Q ↗	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Jun 30, 2023 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Dec 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q4 FY2020 Dec 31, 2020 10-K ↗
Sales/Revenue/Turnover (USD)	$691.50M	$678.20M	$636.50M	$660.50M	$701.30M	$710.30M	$651.30M	$697.00M	$674.90M	$662.40M	$662.10M	$709.70M	$776.40M	$793.00M	$693.90M	$502.60M	$762.30M	$793.10M	$2.84B	—	—
Depreciation Expense (USD)	$20.00M	$19.60M	$19.80M	$19.30M	—	—	$19.50M	$20.80M	—	—	$23.50M	$24.40M	$24.60M	$25.10M	$23.10M	$23.90M	$22.70M	$23.40M	$93.60M	—	—
Net Income, GAAP (USD)	$-23.60M	$-23.60M	$-23.60M	$-32.50M	$-562.90M	$-562.90M	$-562.90M	$-61.20M	$-101.00M	$-101.00M	$-101.00M	$-54.50M	$17.40M	$17.40M	$12.50M	$26.70M	$32.50M	$32.50M	$186.20M	—	—
Operating Cash Flow (USD)	$60.80M	$28.90M	$-17.00M	$129.10M	—	—	$-124.20M	$17.10M	—	—	$-25.60M	$18.40M	—	—	$-2.00M	$23.50M	$80.90M	$-104.40M	$82.70M	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 5 days ago 6 years · 21 quarters

Fortrea Holdings Inc.

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