Fortrea Holdings Inc.

Fortrea Holdings Inc.verified

FTRE

Price:

$4.79

Market Cap:

$433.50M

Fortrea Holdings Inc., a contract research organization, primarily engages in the provision of biopharmaceutical product and medical device development services worldwide. It operates through two segments: Clinical Services and Enabling Services. The Clinical Services segment provides across the clinical pharmacology and clinical development spectrum. The Enabling Services segment provides patient access and clinical trial technology solutions to customers that streamline complex randomization and optimize the trial drug supply process. The company offers delivery models that include full service, functional service provider, and hybrid service structures. It also offers phase I-IV clinical ...[Read more]

Industry

Biotechnology

IPO Date

2023-06-20

Stock Exchange

NASDAQ

Ticker

FTRE

The Current Ratio as of July 2025 (TTM) for Fortrea Holdings Inc. (FTRE) is 0.97

According to Fortrea Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.97. This represents a change of -10.33% compared to the average of 1.08 of the last 4 quarters.

Fortrea Holdings Inc. (FTRE) Historical Current Ratio (quarterly & annually)

How has FTRE Current Ratio performed in the past?

The mean historical Current Ratio of Fortrea Holdings Inc. over the last ten years is 1.15. The current 0.97 Current Ratio has changed 8.35% with respect to the historical average. Over the past ten years (40 quarters), FTRE's Current Ratio was at its highest in in the March 2023 quarter at 1.89. The Current Ratio was at its lowest in in the March 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

1.15

Median

1.35

Minimum

0

Maximum

1.78

Fortrea Holdings Inc. (FTRE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Fortrea Holdings Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 1.78

Minimum Annual Increase = -37.97%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.00-37.97%
20231.61-9.75%
20221.7831.96%
20211.35Infinity%

Fortrea Holdings Inc. (FTRE) Average Current Ratio

How has FTRE Current Ratio performed in the past?

The current Current Ratio of Fortrea Holdings Inc. (FTRE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.46

5-year avg

1.15

10-year avg

1.15

Fortrea Holdings Inc. (FTRE) Current Ratio vs. Peers

How is FTRE’s Current Ratio compared to its peers?

Fortrea Holdings Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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