What is Fortrea Holdings Inc.'s price / earnings?

Fortrea Holdings Inc. (FTRE) reported price / earnings of 44.6× in Q3 2023.

What does price / earnings mean?

Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

Fortrea Holdings Inc. FTRE Price / earnings

Price / earnings at other companies

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24×+2.8×

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20.7×-2.6×

Medpace Holdings, Inc.MEDP

29.6×+7.3×

BrightSpring Health Services, Inc.BTSG

26.4×—

Simulations PlusSLP

80.2×+1.3×

Labcorp HoldingsLH

23.4×-3.3×

Other financials

Income statement

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Revenue$636.5M-2.3%

Gross profit$123.6M+6.1%

Operating income-$3.4M+99.3%

Net income-$23.6M+95.8%

EPS (diluted)-$0.25+96.0%

Balance sheet

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Cash & equivalents$147.5M+45.2%

Total debt$1.1B-13.1%

Total equity$525.9M-38.8%

Total assets$2.7B-14.0%

Cash flow

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Operating cash flow-$17.0M+86.3%

CapEx$8.0M+176%

Free cash flow-$25.0M+80.3%

Valuation

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Market cap$1.65B+247%

Enterprise value$2.62B+59.8%

P/S0.6×+0.4×

Profitability

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Gross margin18.9%-1.3pp

Operating margin-13.1%-4.1pp

Net margin-16.5%-5.0pp

FCF margin5.8%+1.7pp

Returns & leverage

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Return on equity-64.5%0.0pp

Debt / equity2.1×+0.6×

Current ratio0.9×0.0×

Where this comes from

Calculated from Fortrea Holdings Inc.’s reported figures.

market cap/net income=44.6×

Based on the most recent quarter.

The official record: Fortrea Holdings Inc.’s 10-Q, filed November 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortrea Holdings Inc.'s price / earnings?: Fortrea Holdings Inc. (FTRE) reported price / earnings of 44.6× in Q3 2023.
What does price / earnings mean?: Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.