FTRE
Fortrea Holdings Inc.
NasdaqGSUSDEQUITY
DELAYED
Last price
18.39
▲ 0.20 (1.10%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
18.12
Prev close
18.19
Day high
18.54
Day low
17.82
Volume
829.94K
Market cap
—
P/E (TTM)
—
52W range
8.22 – 21.39
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
+5.63%
+7.0%
1M
-5.69%
-9.4%
3M
+39.95%
+36.9%
6M
+67.18%
+56.1%
YTD
+6.61%
-5.7%
1Y
+137.90%
+117.9%
3Y
-32.14%
-106.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap—
Enterprise value—
Revenue (TTM)—
Gross profit—
EBITDA—
Net income—
EPS (TTM)—
Free cash flow—
Total cash—
Total debt—
Book value / share—
Shares outstanding—
Float—
Short % of float—
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin—
Operating margin—
Profit margin—
Return on equity—
Return on assets—
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $2.72B | $2.70B | $2.84B | $2.84B | +1.0% |
| Operating revenue | $2.72B | $2.70B | $2.84B | $2.84B | +1.0% |
| Cost of revenue | $2.22B | $2.16B | $2.25B | $2.11B | +2.7% |
| Gross profit | $503.80M | $534.20M | $590.60M | $724.40M | -5.7% |
| Selling, general & admin | $456.40M | $560.70M | $448.10M | $416.10M | -18.6% |
| Total operating expense | $534.40M | $646.00M | $537.40M | $501.60M | -17.3% |
| Operating income | -$30.60M | -$111.80M | $53.20M | $222.80M | +72.6% |
| Net interest income | -$91.40M | -$123.80M | -$69.70M | -$200.00K | +26.2% |
| Pre-tax income | -$983.00M | -$275.00M | -$30.50M | $187.00M | -257.5% |
| Tax provision | $3.20M | -$3.50M | $1.20M | $41.10M | +191.4% |
| Net income | -$986.20M | -$328.50M | -$25.20M | $186.20M | -200.2% |
| Net income to common | -$986.20M | -$328.50M | -$25.20M | $186.20M | -200.2% |
| Basic EPS | -10.81 | -3.67 | -0.04 | 2.11 | -194.6% |
| Diluted EPS | -10.81 | -3.67 | -0.04 | 2.11 | -194.6% |
| EBIT | -$891.60M | -$151.20M | $39.20M | $187.20M | -489.7% |
| EBITDA | -$813.60M | -$64.30M | $137.20M | $280.80M | -1,165.3% |
| Basic shares | 91.23M | 89.51M | 85.00M | 88.40M | +1.9% |
| Diluted shares | 91.23M | 89.51M | 85.00M | 88.40M | +1.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $174.60M | $118.50M | $108.60M | $112.00M | +47.3% |
| Cash & short-term investments | $174.60M | $118.50M | $108.60M | $112.00M | +47.3% |
| Accounts receivable | $113.60M | $156.50M | $420.20M | $449.20M | -27.4% |
| Total current assets | $897.20M | $948.20M | $1.25B | $1.25B | -5.4% |
| Property, plant & equipment | $149.50M | $156.30M | $172.60M | $164.90M | -4.4% |
| Goodwill & intangibles | $1.58B | $2.37B | $2.47B | $2.82B | -33.1% |
| Total assets | $2.72B | $3.58B | $4.33B | $4.29B | -24.1% |
| Total current liabilities | $913.30M | $949.50M | $778.40M | $699.00M | -3.8% |
| Current debt | $4.80M | $74.80M | $26.10M | — | -93.6% |
| Long-term debt | $1.05B | $1.05B | $1.57B | — | -0.2% |
| Total debt | $1.12B | $1.20B | $1.67B | $63.40M | -6.9% |
| Total liabilities | $2.15B | $2.22B | $2.62B | $945.30M | -2.9% |
| Retained earnings | -$1.38B | -$397.00M | -$68.50M | $0 | -248.4% |
| Shareholder equity | $563.50M | $1.36B | $1.71B | $3.34B | -58.6% |
| Working capital | -$16.10M | -$1.30M | $472.40M | $547.90M | -1,138.5% |
| Net tangible assets | -$1.02B | -$1.00B | -$753.40M | $522.00M | -1.5% |
| Shares issued | 93.10M | 89.70M | 88.80M | 88.80M | +3.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$986.20M | -$328.50M | -$25.20M | $186.20M | -200.2% |
| Depreciation & amortisation | $78.00M | $86.90M | $98.00M | $93.60M | -10.2% |
| Stock-based compensation | $74.40M | $58.40M | $42.70M | $25.40M | +27.4% |
| Change in working capital | $114.70M | $384.00M | $22.50M | -$248.20M | -70.1% |
| Operating cash flow | $113.50M | $262.80M | $168.40M | $82.70M | -56.8% |
| Capital expenditure | -$25.20M | -$25.50M | -$40.30M | -$54.40M | +1.2% |
| Investing cash flow | $14.40M | $251.60M | -$31.80M | -$54.00M | -94.3% |
| Financing cash flow | -$76.30M | -$497.80M | -$140.80M | -$6.30M | +84.7% |
| Free cash flow | $88.30M | $237.30M | $128.10M | $28.30M | -62.8% |
| End cash position | $174.60M | $118.50M | $108.60M | $110.40M | +47.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $678.20M | $636.50M | $660.50M | $701.30M | $710.30M | +6.6% |
| Operating revenue | $678.20M | $636.50M | $660.50M | $701.30M | $710.30M | +6.6% |
| Cost of revenue | $539.00M | $512.90M | $529.40M | $578.60M | $576.80M | +5.1% |
| Gross profit | $139.20M | $123.60M | $131.10M | $122.70M | $133.50M | +12.6% |
| Selling, general & admin | $102.10M | $100.50M | $103.00M | $106.80M | $124.80M | +1.6% |
| Total operating expense | $121.70M | $120.30M | $122.30M | $126.40M | $144.40M | +1.2% |
| Operating income | $17.50M | $3.30M | $8.80M | -$3.70M | -$10.90M | +430.3% |
| Net interest income | -$19.30M | -$19.10M | -$23.20M | -$22.60M | -$23.30M | -1.0% |
| Pre-tax income | -$1.20M | -$12.30M | -$35.60M | -$28.70M | -$370.70M | +90.2% |
| Tax provision | $12.00M | $11.30M | -$3.10M | -$12.80M | $4.20M | +6.2% |
| Net income | -$13.20M | -$23.60M | -$32.50M | -$15.90M | -$374.90M | +44.1% |
| Net income to common | -$13.20M | -$23.60M | -$32.50M | -$15.90M | -$374.90M | +44.1% |
| Basic EPS | -0.14 | -0.25 | -0.35 | -0.17 | -4.14 | +44.0% |
| Diluted EPS | -0.14 | -0.25 | -0.35 | -0.17 | -4.14 | +44.0% |
| EBIT | $18.10M | $6.80M | -$12.40M | -$6.10M | -$347.40M | +166.2% |
| EBITDA | $37.70M | $26.60M | $6.90M | $13.50M | -$327.80M | +41.7% |
| Basic shares | 94.29M | 94.40M | 92.86M | 93.53M | 90.60M | -0.1% |
| Diluted shares | 94.29M | 94.40M | 92.86M | 93.53M | 91.10M | -0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $168.60M | $147.50M | $174.60M | $131.30M | $81.20M | +14.3% |
| Cash & short-term investments | $168.60M | $147.50M | $174.60M | $131.30M | $81.20M | +14.3% |
| Accounts receivable | $189.00M | $129.00M | $113.60M | $163.40M | $244.50M | +46.5% |
| Total current assets | $923.60M | $881.50M | $897.20M | $918.50M | $960.00M | +4.8% |
| Property, plant & equipment | $156.20M | $157.10M | $149.50M | $147.60M | $148.70M | -0.6% |
| Goodwill & intangibles | $1.54B | $1.55B | $1.58B | $1.59B | $1.62B | -1.0% |
| Total assets | $2.71B | $2.68B | $2.72B | $2.74B | $2.84B | +1.2% |
| Total current liabilities | $963.70M | $929.10M | $913.30M | $914.40M | $942.30M | +3.7% |
| Current debt | $17.10M | $10.90M | $4.80M | $74.50M | $74.80M | +56.9% |
| Long-term debt | $1.04B | $1.04B | $1.05B | $1.05B | $1.10B | -0.5% |
| Total debt | $1.12B | $1.12B | $1.12B | $1.19B | $1.24B | -0.0% |
| Total liabilities | $2.19B | $2.16B | $2.15B | $2.16B | $2.25B | +1.5% |
| Retained earnings | -$1.42B | -$1.41B | -$1.38B | -$1.35B | -$1.33B | -0.9% |
| Shareholder equity | $524.20M | $525.90M | $563.50M | $580.80M | $589.20M | -0.3% |
| Working capital | -$40.10M | -$47.60M | -$16.10M | $4.10M | $17.70M | +15.8% |
| Net tangible assets | -$1.01B | -$1.03B | -$1.02B | -$1.01B | -$1.03B | +1.3% |
| Shares issued | 95.10M | 94.60M | 93.10M | 92.20M | 90.80M | +0.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$13.20M | -$23.60M | -$32.50M | -$15.90M | -$374.90M | +44.1% |
| Depreciation & amortisation | $19.60M | $19.80M | $19.30M | $19.60M | $19.60M | -1.0% |
| Stock-based compensation | $12.60M | $11.40M | $14.80M | $22.30M | $22.70M | +10.5% |
| Change in working capital | $300.00K | -$17.80M | $132.80M | $60.20M | $19.70M | +101.7% |
| Operating cash flow | $28.90M | -$17.00M | $129.10M | $86.80M | $21.80M | +270.0% |
| Capital expenditure | -$9.00M | -$8.00M | -$7.50M | -$7.30M | -$7.50M | -12.5% |
| Investing cash flow | -$7.00M | -$8.00M | -$7.50M | $13.30M | -$7.50M | +12.5% |
| Financing cash flow | $0 | $0 | -$75.70M | -$50.00M | -$39.00M | — |
| Free cash flow | $19.90M | -$25.00M | $121.60M | $79.50M | $14.30M | +179.6% |
| End cash position | $168.60M | $147.50M | $174.60M | $131.30M | $81.20M | +14.3% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
Consensus—
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders—
Held by institutions—
Institutions holding—
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
18.25
+0.77% from price
SMA 20
18.66
-1.43% from price
SMA 50
17.89
+2.82% from price
SMA 100
15.25
+20.60% from price
SMA 200
14.24
+29.11% from price
EMA 12
18.26
+0.72% from price
EMA 26
18.24
+0.81% from price
EMA 50
17.58
+4.62% from price
RSI (14)
51.2
Neutral
MACD (12,26,9)
0.02
Hist -0.12
ATR (14)
1.10
5.96% of price
Realised vol 30D
56.7%
Annualised
Bollinger upper
20.38
20, 2σ
Bollinger lower
16.94
20, 2σ
50 / 200 cross
Golden
17.89 vs 14.24
Trend bias
Above 200
+29.11%
Risk profile
Beta vs SPY
2.04
More volatile than market
Correlation to SPY
0.35
Loosely linked
Realised vol 30D
56.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-51.8%
Peak to trough
Max drawdown 5Y
-89.9%
Peak to trough
ATR 14
1.10
5.96% of price
Beta (reported)
—
5Y monthly, from filing
Headlines
Drug Development Inputs & Services Stocks Q2 In Review: Fortrea (NASDAQ:FTRE) Vs Peers
StockStory · 8d ago
This Healthcare Services Stock Has 37% Upside
Barrons.com · 10d ago
Fortrea (FTRE) Gains Traction in Turnaround
Insider Monkey · 11d ago
Fortrea Holdings (FTRE) Beat Expectations, Is The Upside Already Priced In?
Simply Wall St. · 13d ago
Will Fortrea’s (FTRE) Higher 2026 Revenue Guidance and CFO Shift Recast Its Investment Narrative?
Simply Wall St. · 13d ago
Fortrea (FTRE) Q2 2026 Earnings Call Transcript
Motley Fool · 15d ago
Fortrea Holdings Insider Sold Shares Worth $1,913,111, According to a Recent SEC Filing
MT Newswires · 16d ago
Is ICON a Buy as Valuation Improves but Earnings Risks Still Persist?
Zacks · 16d ago
PRIVATE STRATEGY · BY QUALIFICATION
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