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Fortrea Holdings Inc.

FTRE

Last
$20.76
Day
+1.9%
1y
+89.5%
5y
-44.7%
52w
-13.4%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-10-2918d
EMA 21
19.83
EMA 50
19.01
EMA 200
15.91
20d high
-13.4%
5y high
-50.3%
5y range
44th
Website · 14,000 employees · United States

Positions held

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Score
56
Hold
swing
Signal
Strong Buy
Target
$23.69
Stop
$18.71
Stop distance
9.9%
Target vs last
+14.1%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Fortrea Holdings Inc. is positioned in the biotechnology sector, which is known for its potential high returns due to innovation and advancements in healthcare.
  • Revenue increased by 7% compared to the prior quarter, reaching $678 million.
  • Gross margin improved to 20.5%, up from 19.4% in the previous quarter.
Bear case
  • The company has a high debt-to-equity ratio of 213.24, indicating potential financial instability.
  • Fortrea reported a net income loss of $13.2 million in Q2 2026, continuing a trend of negative earnings.
  • The operating margin remains low at 2.6%, reflecting challenges in profitability despite revenue growth.

Fundamentals

Market cap$1.94BEnterprise value$2.89BTrailing P/E—Forward P/E17.79
PEG0.34Price / book3.70Beta1.91Dividend yield0.00%
Revenue growth-4.5%Earnings growth—Gross margin19.3%Operating margin2.6%
Profit margin-3.2%ROE-15.3%ROA0.6%Debt / equity2.13
Current ratio0.96Free cash flow$278.86MAnalyst recommendationbuyMean target$20.83
52w high$23.5152w low$8.55

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$678M$637M$661M$701M$710M—
Op margin2.6%0.5%1.3%-0.5%-1.5%—
Net income-$13.2M-$23.6M-$32.5M-$15.9M-$375M—
Gross margin20.5%19.4%19.8%17.5%18.8%—
Gross profit$139M$124M$131M$123M$134M—
Operating income$17.5M$3.3M$8.8M-$3.7M-$10.9M—
  • Revenue +7% vs prior quarter ($678M vs $636M).
  • Gross margin 20.5% (was 19.4% prior quarter).
  • Operating margin expanded to 2.6%.

Yearly (6y)

2025202420232022
Revenue$2.7B$2.7B$2.8B$2.8B
Op margin-1.1%-4.1%1.9%7.9%
Net income-$986M-$329M-$25.2M$186M
Gross margin18.5%19.8%20.8%25.5%
Gross profit$504M$534M$591M$724M
Operating income-$30.6M-$112M$53.2M$223M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

FTRE · daily-0.3% over 13 sessions
Close EMA21 EMA50 EMA200
18.8320.0521.2822.5123.732026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$375M-$104M$168M$439M$710M-2%9%21%2025-Q22025-Q32025-Q42026-Q12026-Q2