Fortrea Holdings Inc. financial data

Symbol
FTRE on Nasdaq
Industry
Services-Medical Laboratories
Location
8 Moore Drive, Durham, NC
Fiscal year end
December 31
Former names
Silver Spinco Inc. (to 4/5/2023)
Latest financial report
10-K - Q4 2024 - Mar 3, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 120 %
Debt-to-equity 154 %
Return On Equity -22.2 % -1781%
Return On Assets -8.73 %
Operating Margin -6 % -633%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 90.2M shares
Common Stock, Shares, Outstanding 89.7M shares +1.01%
Entity Public Float 2.1B USD -36.4%
Common Stock, Value, Issued 100K USD 0%
Weighted Average Number of Shares Outstanding, Basic 89.5M shares +0.79%
Weighted Average Number of Shares Outstanding, Diluted 89.5M shares +0.79%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.7B USD -5.14%
Costs and Expenses 2.86B USD +1.7%
Operating Income (Loss) -162M USD -606%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -275M USD -802%
Income Tax Expense (Benefit) -3.5M USD -392%
Net Income (Loss) Attributable to Parent -329M USD -1204%
Earnings Per Share, Basic -3.67 USD/shares -1166%
Earnings Per Share, Diluted -3.67 USD/shares -1166%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 119M USD +9.12%
Other Assets, Current 35.5M USD +24.6%
Assets, Current 948M USD -24.2%
Deferred Income Tax Assets, Net 5.2M USD +62.5%
Property, Plant and Equipment, Net 219M USD
Operating Lease, Right-of-Use Asset 66.2M USD -11.4%
Intangible Assets, Net (Excluding Goodwill) 656M USD -9.94%
Goodwill 1.71B USD -1.67%
Other Assets, Noncurrent 103M USD +48.4%
Assets 3.58B USD -17.4%
Accounts Payable, Current 138M USD +3.99%
Employee-related Liabilities, Current 90.6M USD -16%
Accrued Liabilities, Current 370M USD +10.2%
Contract with Customer, Liability, Current 353M USD +64.9%
Liabilities, Current 950M USD +22%
Operating Lease, Liability, Noncurrent 60.6M USD -3.5%
Other Liabilities, Noncurrent 35.3M USD +9.97%
Liabilities 2.22B USD -15.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -283M USD -31.3%
Retained Earnings (Accumulated Deficit) -397M USD -480%
Stockholders' Equity Attributable to Parent 1.36B USD -20.5%
Liabilities and Equity 3.58B USD -17.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -25.6M USD -1180%
Net Cash Provided by (Used in) Financing Activities 21.3M USD -13.1%
Net Cash Provided by (Used in) Investing Activities -9.2M USD +43.2%
Common Stock, Shares Authorized 265M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -15.8M USD -303%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 119M USD +9.12%
Interest Paid, Excluding Capitalized Interest, Operating Activities 44.6M USD
Deferred Tax Assets, Valuation Allowance 28.5M USD +850%
Deferred Tax Assets, Gross 97.3M USD +37.8%
Operating Lease, Liability 74M USD -7.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -396M USD -1261%
Lessee, Operating Lease, Liability, to be Paid 99.9M USD -8.68%
Operating Lease, Liability, Current 13.4M USD -22.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.4M USD -26.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 16.5M USD -26.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +19.6%
Deferred Income Tax Expense (Benefit) 4.2M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 25.9M USD +10.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.9M USD -21.2%
Preferred Stock, Shares Authorized 30M shares
Unrecognized Tax Benefits 400K USD +33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.2M USD 0%
Additional Paid in Capital 2.04B USD +2.21%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 60.7M USD -1.95%
Depreciation, Depletion and Amortization 98.4M USD +1.73%
Deferred Tax Assets, Net of Valuation Allowance 68.8M USD +1.78%
Share-based Payment Arrangement, Expense 57.2M USD +41.9%
Interest Expense 69.8M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares