Fortrea Holdings Inc (FTRE) Company Profile & Statistics

Fortrea Holdings Inc
FTRE
(Nasdaq - US)
Open
19.56
+0.06 (+0.28%)
in:usd•As of: Nov 22, 2024 09:33 UTC -5
Open
19.37
High
19.56
Low
19.37

About Fortrea Holdings Inc

CEO

Thomas Pike

Headquarters

8 moore drive

durham, nc 27709, united states

Auditor

Deloitte & Touche LLP

Employees

18,000

Share Holders

1,748

Website

https://www.fortrea.com

Industry

miscellaneous commercial services

Sector

commercial services

Company Overview

Fortrea Holdings Inc. is a provider of clinical development and patient access solutions to the life sciences industry. It provides phase I-IV clinical trial management, clinical pharmacology, differentiated technology enabled trial solutions and post-approval services. Fortrea Holdings Inc. is based in DURHAM, N.C.

Fortrea Holdings Inc Statistics

Valuation Measures

Market Capitalization ²	1.75B
Enterprise Value	2.77B
Enterprise Value/EBITDA (ttm)	202.43
Price to Earnings Ratio (ttm)	53.37
Price to Book (mrq)	1.11
Price to Sales (ttm)	0.60
Price to Cash (ytd)	7.51

Profitability

Gross Margin (ttm)	16.32%
Operating Margin (ttm)	1.14%
Profit Margin (ttm)	-10.91%
Return on Equity (ttm)	2.00%
Return on Invested Capital (ttm)	-7.69%
Return on Assets (ttm)	0.80%

Income Statement

Revenue (ttm)	2.98B
Revenue Per Share (ttm)	33.17
Gross Profit (ttm)	454.90M
EBITDA (ttm)³	13.70M
Net Income Avi to Common (ttm)	-300.00M
Diluted EPS (ttm)	-3.42

Share Statistics

Beta (5Y Monthly)	0.70
52-Week Change	-39.50%
S&P500 52-Week Change	30.63%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	89.70M
Dividend Yield	0.00%
Float ⁴	89.59M
% Held by Insiders	0.12%
% Held by Institutions	N/A

Balance Sheet

Total Cash (mrq)	105.30M
Total Cash Per Share (mrq)	1.17
Total Debt (mrq)	1.12B
Total Debt/Equity (mrq)	74.30%
Current Ratio (mrq)	1.18%
Quick Ratio (mrq)	1.18%
Book Value Per Share (mrq)	16.87

Cash Flow

Operating Cash Flow Per Share (ytd)	2.74
Free Cash Flow (ytd)	217.20M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Fortrea Holdings Inc

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