NASDAQ · FTRE

Fortrea Holdings Inc.

$19.52 +$0.02 (+0.10%) 1D After hours

Key Metrics

$1.84B
Market cap
P/E · TTM
$2.71B
Revenue · TTM
−$446.90M
Net income
EPS · TTM $-4.96
Dividend yield
Free cash flow $190.40M
Beta · 1Y 2.57
EBITDA · TTM −$369.00M
Gross margin

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 18.6 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE
  • May 5
    The stock moved +18.6% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, May 5
  • Mar 30
    From its Jan 29 high, the share price fell 48%.

    Peak close $17.05 on Jan 29; trough close $8.87 on Mar 30. The drawdown is the fact — the chapters around it are the context.

    RECEIPT: PRICE SERIES, PEAK-TO-TROUGH -48%
  • Feb 11
    The stock moved -15.2% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, Feb 11

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$1.84B
Enterprise value$2.75B
Shares outstanding94.6M
52-wk range$5.27 – $20.19
Avg volume · 20D1.6M
Net cash −$906.00M
Book value / share$5.84
IndustryServices-Medical Laboratories
ExchangeNASDAQ
About Fortrea Holdings Inc.
IPO dateJun 16, 2023
Employees14000

Fortrea is a global, late-stage contract research organization that provides comprehensive phase 1 through phase 4 clinical trial management, clinical pharmacology, and patient access solutions.

Wolf Grade COMING SOON

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E
P/S0.68
P/FCF9.69
EV/EBITDA
EV/Sales1.02
Graham №

Profitability

Gross
Operating -16.5%
Net -16.5%
FCF 7.0%
ROE / ROIC -47.3% · -31.2%

Financial Health

Current ratio0.95
Quick ratio
Debt / equity2.00
Debt / EBITDA -2.86
Net cash −$906.00M
Working capital−$47.60M

Cash Flow · TTM

Operating CF $220.70M
Capex −$30.30M
Free cash flow $190.40M
Buybacks
Dividends paid
Shareholder yield

Piotroski F-Score

3 / 9
Weak fundamentals · 3 of 9 signals passing

Altman Z-Score

0.2
Distress zone (< 1.81) · elevated risk

Graham Number vs Price

Requires positive earnings and book value
Fundamentals through 2026-03-31 · computed by TickerWolf from SEC filings