Fortrea Holdings Inc. (FTRE1) Ratios
Fortrea Holdings Inc. Ratios
MX:FTRE1's free cash flow for Q3 2026 was $52.50M. For the 2026 fiscal year, MX:FTRE1's free cash flow was decreased by $-8.30M and operating cash flow was $60.80M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.98 | 1.00 | 1.61 | 1.78 | 1.35 |
| Quick Ratio | 0.98 | 1.00 | 1.61 | 1.78 | 1.35 |
| Cash Ratio | 0.19 | 0.12 | 0.14 | 0.16 | 0.11 |
| Solvency Ratio | -0.42 | -0.11 | 0.03 | 0.30 | 0.24 |
| Operating Cash Flow Ratio | 0.12 | 0.28 | 0.22 | 0.12 | 0.21 |
| Short-Term Operating Cash Flow Coverage | 23.65 | 3.51 | 6.45 | 0.00 | 0.00 |
| Net Current Asset Value | $ -1.25B | $ -1.27B | $ -1.37B | $ 301.60M | $ 9.40M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.41 | 0.33 | 0.39 | 0.01 | 0.02 |
| Debt-to-Equity Ratio | 1.98 | 0.88 | 0.98 | 0.02 | 0.02 |
| Debt-to-Capital Ratio | 0.66 | 0.47 | 0.49 | 0.02 | 0.02 |
| Long-Term Debt-to-Capital Ratio | 0.65 | 0.44 | 0.48 | 0.00 | 0.00 |
| Financial Leverage Ratio | 4.82 | 2.63 | 2.53 | 1.28 | 1.34 |
| Debt Service Coverage Ratio | -8.49 | -0.31 | 1.42 | 1198.50 | 1322.50 |
| Interest Coverage Ratio | -0.33 | -1.31 | 0.46 | 935.50 | 571.50 |
| Debt to Market Cap | 0.67 | 0.67 | 0.51 | 0.00 | 0.00 |
| Interest Debt Per Share | 13.24 | 14.77 | 19.61 | 0.72 | 0.88 |
| Net Debt to EBITDA | -1.16 | -16.80 | 11.40 | -0.17 | -0.06 |
| Profitability Margins | |||||
| Gross Profit Margin | 15.63% | 19.81% | 20.78% | 25.53% | 19.77% |
| EBIT Margin | -32.74% | -5.61% | 1.38% | 6.60% | 4.47% |
| EBITDA Margin | -29.87% | -2.38% | 4.83% | 9.90% | 9.91% |
| Operating Profit Margin | -1.12% | -6.00% | 1.13% | 6.59% | 3.74% |
| Pretax Profit Margin | -36.09% | -10.20% | -1.07% | 6.59% | 4.46% |
| Net Profit Margin | -36.21% | -12.18% | -0.89% | 6.56% | 3.21% |
| Continuous Operations Profit Margin | -36.21% | -10.07% | -1.12% | 5.14% | 3.21% |
| Net Income Per EBT | 100.33% | 119.45% | 82.62% | 99.57% | 71.85% |
| EBT Per EBIT | 3212.42% | 169.86% | -95.31% | 99.95% | 119.34% |
| Return on Assets (ROA) | -36.31% | -9.18% | -0.58% | 4.34% | 2.24% |
| Return on Equity (ROE) | -175.01% | -24.11% | -1.47% | 5.57% | 3.01% |
| Return on Capital Employed (ROCE) | -1.70% | -6.16% | 0.90% | 5.21% | 3.23% |
| Return on Invested Capital (ROIC) | -1.68% | -5.88% | 0.89% | 4.04% | 2.30% |
| Return on Tangible Assets | -86.99% | -27.08% | -1.35% | 12.69% | 7.25% |
| Earnings Yield | -62.69% | -19.68% | -0.81% | 6.58% | 3.46% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.39 | 3.89 | 2.81 | 2.70 | 3.22 |
| Payables Turnover | 77.36 | 15.65 | 16.94 | 25.92 | 40.55 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 18.22 | 17.25 | 16.47 | 17.20 | 18.80 |
| Asset Turnover | 1.00 | 0.75 | 0.66 | 0.66 | 0.70 |
| Working Capital Turnover Ratio | -313.03 | 11.45 | 5.57 | 6.77 | 0.00 |
| Cash Conversion Cycle | 78.38 | 70.61 | 108.22 | 121.19 | 104.38 |
| Days of Sales Outstanding | 83.09 | 93.94 | 129.76 | 135.27 | 113.39 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 4.72 | 23.33 | 21.54 | 14.08 | 9.00 |
| Operating Cycle | 83.09 | 93.94 | 129.76 | 135.27 | 113.39 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.24 | 2.94 | 1.90 | 0.94 | 1.92 |
| Free Cash Flow Per Share | 0.97 | 2.65 | 1.44 | 0.32 | 1.62 |
| Dividend Paid and CapEx Coverage Ratio | 4.50 | 10.31 | 4.18 | 1.52 | 6.41 |
| Capital Expenditure Coverage Ratio | 4.50 | 10.31 | 4.18 | 1.52 | 6.41 |
| Operating Cash Flow Coverage Ratio | 0.10 | 0.22 | 0.10 | 1.30 | 2.20 |
| Operating Cash Flow to Sales Ratio | 0.04 | 0.10 | 0.06 | 0.03 | 0.06 |
| Free Cash Flow Yield | 5.61% | 14.22% | 4.13% | 1.00% | 5.07% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -1.60 | -5.08 | -122.98 | 15.19 | 28.87 |
| Price-to-Sales (P/S) Ratio | 0.58 | 0.62 | 1.09 | 1.00 | 0.93 |
| Price-to-Book (P/B) Ratio | 2.79 | 1.23 | 1.81 | 0.85 | 0.87 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 17.82 | 7.03 | 24.19 | 99.96 | 19.74 |
| Price-to-Operating Cash Flow Ratio | 13.86 | 6.35 | 18.40 | 34.21 | 16.66 |
| Price-to-Earnings Growth (PEG) Ratio | -0.01 | -0.00 | 1.21 | 0.17 | -0.23 |
| Enterprise Value Multiple | -3.09 | -42.76 | 33.98 | 9.90 | 9.28 |
| Enterprise Value | 2.51B | 2.75B | 4.66B | 2.78B | 2.81B |
| EV to EBITDA | -3.09 | -42.76 | 33.98 | 9.90 | 9.28 |
| EV to Sales | 0.92 | 1.02 | 1.64 | 0.98 | 0.92 |
| EV to Free Cash Flow | 28.48 | 11.59 | 36.40 | 98.24 | 19.62 |
| EV to Operating Cash Flow | 22.16 | 10.46 | 27.69 | 33.62 | 16.56 |
| Tangible Book Value Per Share | -11.17 | -11.21 | -8.48 | 5.90 | 2.76 |
| Shareholders’ Equity Per Share | 6.18 | 15.22 | 19.30 | 37.81 | 36.88 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.00 | 0.01 | -0.04 | 0.22 | 0.28 |
| Revenue Per Share | 29.86 | 30.13 | 32.01 | 32.09 | 34.59 |
| Net Income Per Share | -10.81 | -3.67 | -0.28 | 2.11 | 1.11 |
| Tax Burden | 1.00 | 1.19 | 0.83 | 1.00 | 0.72 |
| Interest Burden | 1.10 | 1.82 | -0.78 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.17 | 0.21 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 |
| Income Quality | -0.12 | -0.97 | -6.68 | 0.44 | 1.73 |
Currency in USD
