See more : AVI Limited (AVI.JO) Income Statement Analysis – Financial Results
Complete financial analysis of Fortrea Holdings Inc. (FTRE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Fortrea Holdings Inc., a leading company in the Biotechnology industry within the Healthcare sector.
- Eletrobras Participações S.A. – Eletropar (LIPR3.SA) Income Statement Analysis – Financial Results
- Ardelyx, Inc. (ARDX) Income Statement Analysis – Financial Results
- Bell Buckle Holdings, Inc. (BLLB) Income Statement Analysis – Financial Results
- Hiro Metaverse Acquisitions I S.A. (HMA1.L) Income Statement Analysis – Financial Results
- Arête Industries, Inc. (ARET) Income Statement Analysis – Financial Results
Fortrea Holdings Inc. (FTRE)
About Fortrea Holdings Inc.
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 trial management, differentiated technology enabled trial solutions, and post approval services. The company serves pharmaceutical, biotechnology, and medical device organizations. Fortrea Holdings Inc. was incorporated in 2023 and is based in Durham, North Carolina.
| Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 3.11B | 3.10B | 3.06B | 2.58B |
| Cost of Revenue | 2.69B | 2.47B | 2.45B | 2.09B |
| Gross Profit | 424.00M | 621.70M | 604.40M | 489.10M |
| Gross Profit Ratio | 13.64% | 20.08% | 19.77% | 18.96% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 336.60M | 299.90M | 303.10M | 267.60M |
| Other Expenses | 0.00 | 7.00M | 1.90M | 800.00K |
| Operating Expenses | 457.30M | 396.20M | 469.40M | 386.60M |
| Cost & Expenses | 3.05B | 2.87B | 2.92B | 2.48B |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 69.80M | 132.40M | 200.00K | 0.00 |
| Depreciation & Amortization | 96.40M | 117.60M | 198.80M | 156.40M |
| EBITDA | 166.90M | 354.60M | 335.20M | -175.80M |
| EBITDA Ratio | 5.37% | 10.62% | 9.87% | 25.46% |
| Operating Income | 63.10M | 185.20M | 114.30M | -314.20M |
| Operating Income Ratio | 2.03% | 5.98% | 3.74% | -12.18% |
| Total Other Income/Expenses | -62.00M | 1.10M | 22.10M | -434.70M |
| Income Before Tax | 1.10M | 58.90M | 136.40M | -332.20M |
| Income Before Tax Ratio | 0.04% | 1.90% | 4.46% | -12.87% |
| Income Tax Expense | 4.50M | 500.00K | 38.40M | 27.00M |
| Net Income | -3.40M | 58.40M | 98.00M | -359.20M |
| Net Income Ratio | -0.11% | 1.89% | 3.21% | -13.92% |
| EPS | -0.04 | 0.66 | 1.11 | -4.06 |
| EPS Diluted | -0.04 | 0.64 | 1.11 | -4.06 |
| Weighted Avg Shares Out | 88.80M | 88.40M | 88.40M | 88.40M |
| Weighted Avg Shares Out (Dil) | 88.80M | 91.10M | 88.40M | 88.40M |
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
Fortrea Holdings Inc. (FTRE) Reports Next Week: Wall Street Expects Earnings Growth
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
FTRE STOCK ALERT: Levi & Korsinsky Notifies Fortrea Holdings Inc. Investors of an Ongoing Investigation
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
Fortrea Holdings Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - FTRE
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
Source: https://incomestatements.info
Category: Stock Reports