Fortrea Holdings is a late-stage contract research organization, or CRO, that provides comprehensive Phase I through IV clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion. Fortrea has 19,000 staff members across 90 countries.

Financial Strength

4/10

Name	Current	Vs Industry
Cash-To-Debt	0.09
Equity-to-Asset	0.41
Debt-to-Equity	0.8
Debt-to-EBITDA	138.38
Piotroski F-Score	N/A/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	1.12	Distress Grey Safe
Beneish M-Score	-3.26	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	6.2
	3-Year EBITDA Growth Rate	-9.1
	3-Year FCF Growth Rate	-10.6

Momentum Rank

	Name	Current	Vs Industry		Vs History
	6-1 Month Momentum %	-6.12

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.18
	Quick Ratio	1.18
	Cash Ratio	0.13
	Days Sales Outstanding	38.86
	Days Payable	19.52

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	3-Year Average Share Buyback Ratio	-0.2
	Shareholder Yield %	-10.15

Profitability Rank

3/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	15.29
	Operating Margin %	-2.24
	Net Margin %	-10.08
	FCF Margin %	7.75
	ROE %	-18.75
	ROA %	-7.45
	ROIC %	-1.87
	ROC (Joel Greenblatt) %	-45.45
	ROCE %	-2.67
	Years of Profitability over Past 10-Year	2

GF Value Rank

	Name	Current	Vs Industry		Vs History
	Forward PE Ratio	16.15
	PE Ratio without NRI	55.15
	PS Ratio	0.56
	PB Ratio	1.11
	Price-to-Free-Cash-Flow	7.45
	Price-to-Operating-Cash-Flow	6.37
	EV-to-EBIT	-32.23
	EV-to-Forward-EBIT	100.7
	EV-to-EBITDA	321.16
	EV-to-Forward-EBITDA	23.36
	EV-to-Revenue	0.94
	EV-to-Forward-Revenue	1.03
	EV-to-FCF	12.37
	Earnings Yield (Greenblatt) %	-3.11
	FCF Yield %	13.33

Financials (Next Earnings Date:2025-03-11 Est.)

Annual Quarterly TTM

MEX:FTRE1's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

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5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Fortrea Holdings Inc Executives

Details

GF Value

MEX:FTRE1

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 1 Severe warning sign with FTRE1. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil MXN)	53,164.114
	EPS (TTM) (MXN)	-60.275
	Beta	0
	Volatility %	0
	14-Day RSI	0
	14-Day ATR (MXN)	0.012202
	20-Day SMA (MXN)	435.3
	12-1 Month Momentum %	0
	52-Week Range (MXN)	435.3 - 463.7
	Shares Outstanding (Mil)	89.7

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	9999
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Fortrea Holdings Inc Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Fortrea Holdings Inc Stock Events

Financials Calendars

	Event	Date	Price(MXN)
No Event Data

Fortrea Holdings Inc Frequently Asked Questions

What is Fortrea Holdings Inc(MEX:FTRE1)'s stock price today?

The current price of MEX:FTRE1 is MXN435.30. The 52 week high of MEX:FTRE1 is MXN463.70 and 52 week low is MXN435.30.

When is next earnings date of Fortrea Holdings Inc(MEX:FTRE1)?

The next earnings date of Fortrea Holdings Inc(MEX:FTRE1) is 2025-03-11 Est..

Does Fortrea Holdings Inc(MEX:FTRE1) pay dividends? If so, how much?

Fortrea Holdings Inc(MEX:FTRE1) does not pay dividend.

Press Release

	Subject	Date
No Press Release

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