See more : BSQUARE Corporation (BSQR) 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.
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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
Investors who lost money on Fortrea Holdings Inc. should contact Levi & Korsinsky about an ongoing investigation - FTRE
Investors who lost money on Fortrea Holdings Inc. should contact Levi & Korsinsky about an ongoing investigation - 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 Releases Inaugural Corporate Social Responsibility Report
Fortrea Holdings Inc. (FTRE) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE
Fortrea Holdings Inc. Being Investigated on Behalf of Fortrea Holdings Inc. Investors. Contact Levi & Korsinsky For Details.
Fortrea Announces Date for Third Quarter 2024 Financial Results and Conference Call
Source: https://incomestatements.info
Category: Stock Reports