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Fortrea Holdings Inc. FTRE Enabling Services — Current portion of debt, gross

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Other financials

Income statement

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Revenue$678.2M-4.5%
Gross profit$139.2M+4.3%
Operating income$14.8M+104%
Net income-$13.2M+96.5%
EPS (diluted)-$0.14+96.6%

Balance sheet

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Cash & equivalents$168.6M+108%
Total debt$1.1B-10.0%
Total equity$524.2M-11.0%
Total assets$2.7B-4.2%

Cash flow

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Operating cash flow$28.9M
CapEx$9.0M+20.0%
Free cash flow-$25.0M+80.3%

Valuation

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Market cap$1.68B+182%
Enterprise value$2.63B+49.9%
P/S0.6×+0.4×

Profitability

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Gross margin19.3%-0.4pp
Operating margin-0.4%-0.2pp
Net margin-3.2%-1.5pp
FCF margin5.8%+2.0pp

Returns & leverage

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Return on equity-15.3%-7.0pp
Debt / equity2.1×0.0×
Current ratio-0.1×

Where this comes from

Reported directly by Fortrea Holdings Inc. in its filing.

Tagged under the XBRL concept ftre:DebtInstrumentRepurchaseAmountFollowingSaleOfAssets.

The source filing: Fortrea Holdings Inc.’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:04 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012244

The bond indenture for the Notes contains an asset sale covenant that effectively requires the Company to utilize a prorated portion of the Net Cash Proceeds from an Asset Sale, each as defined in the indenture, to retire Notes at par. As a result of Fortrea’s sale of assets relating to its Enabling Services Segment, the Company repurchased $75.7 of the Notes in accordance with the terms of the indenture in the fourth quarter of 2025.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Fortrea Holdings Inc.'s enabling services — current portion of debt, gross?
Fortrea Holdings Inc. (FTRE) reported enabling services — current portion of debt, gross of $75.7M in Q4 2025.
What does enabling services — current portion of debt, gross mean?
This metric reflects the portion of long-term debt obligations specifically allocated or attributable to the Enabling Services segment that is due within the next twelve months. It provides insight into the short-term liquidity requirements and financial leverage specific to this business unit. Monitoring this helps evaluate the segment's ability to meet its immediate debt service obligations without relying on external financing.

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