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Fortrea Holdings Inc. (FTRE)

20.02 -1.27 (-5.97%)
At close: November 2 at 4:00:02 PM EST
20.02 0.00 (0.00%)
After hours: November 2 at 4:33:55 PM EST
Trade FTRE on Coinbase
Chart Range Bar
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  • Previous Close 21.29
  • Open 21.41
  • Bid 15.45 x 200
  • Ask 25.28 x 200
  • Day's Range 19.75 - 21.56
  • 52 Week Range 8.55 - 26.16
  • Volume 1,752,185
  • Avg. Volume 1,653,564
  • Market Cap (intraday) 1.932B
  • Beta (5Y Monthly) 1.86
  • PE Ratio (TTM) --
  • EPS (TTM) -0.73
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 23.62
  • Morningstar Rating Rating available with Stock Picks access

Fortrea Holdings Inc., a contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide. It offers clinical pharmacology, such as clinical research units, external partnerships, project management, study design and monitoring, bioanalytics and biomarkers, pharmacokinetics, modeling and simulation, and biometrics; and clinical development, including phase I through IV clinical and real-world evidence studies, regulatory affairs, protocol design, operational planning, study and site start-up, patient recruitment, project management, comprehensive site and medical monitoring, data management and biostatistics, pharmacovigilance, medical writing, and mobile clinical services. The company also provides consulting services comprising product development and regulatory, market access and health economics, and outcomes research, as well as RWE services. Fortrea Holdings Inc. was incorporated in 2023 and is headquartered in Durham, North Carolina.

www.fortrea.com

14,000

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Biotechnology

Industry

Recent News

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Performance Overview

Trailing total returns as of 11/2/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FTRE
16.06%
S&P 500 (^GSPC)
10.17%

1-Year Return

FTRE
91.40%
S&P 500 (^GSPC)
10.25%

3-Year Return

FTRE
32.00%
S&P 500 (^GSPC)
74.66%

5-Year Return

FTRE
33.49%
S&P 500 (^GSPC)
62.86%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 691.5M
Earnings 600k
Profit Margin 0.09%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
200M
400M
600M
-4.0%
-3.0%
-2.0%
-1.0%
0.0%

Analyst Insights

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Analyst Price Targets

13.50 Low
23.62 Average
20.02 Current
29.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/2/2026
Analyst TD Cowen
Rating Action Maintains
Rating Buy
Price Action Raises
Price Target 23 -> 26

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -2.58%

  • Return on Assets (ttm)

    1.03%

  • Return on Equity (ttm)

    -12.34%

  • Revenue (ttm)

    2.67B

  • Net Income Avi to Common (ttm)

    -68.7M

  • Diluted EPS (ttm)

    -0.73

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    220.6M

  • Total Debt/Equity (mrq)

    210.13%

  • Levered Free Cash Flow (ttm)

    250.69M

Company Insights

Research Reports

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