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Fortrea Holdings Inc. FTRE Return on invested capital

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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

Calculated from Fortrea Holdings Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Fortrea Holdings Inc.’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050597

FAQ

What is Fortrea Holdings Inc.'s return on invested capital?
Fortrea Holdings Inc. (FTRE) reported return on invested capital of -0.7% in Q2 2026.
How has Fortrea Holdings Inc.'s return on invested capital changed year-over-year?
Fortrea Holdings Inc.'s return on invested capital increased by 98.4% year-over-year, from -43.1% to -0.7%.
What is the long-term trend for Fortrea Holdings Inc.'s return on invested capital?
Over 2 years (2023 to 2025), Fortrea Holdings Inc.'s return on invested capital has grown at a 380.9% compound annual growth rate (CAGR), from 1.9% to -44.2%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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