Lumida
/FTRE
⌘K
Fortrea Holdings Inc

Fortrea Holdings Inc

FTRE
$17.20USD+1.06%+0.18 today

MARKET CAP

1.6B

P/E (TTM)

28.4x

FWD P/E

17.5x

DAY RANGE

$17 – $18

52W RANGE

$8
$21

AI Summary

Stalk
StalkMedium

FTRE remains in a secular uptrend, holding key support around $16.00 and rebounding off an oversold environment. Medium-term bias is Bullish, but short-term lack of confirmation above the 9-day EMA and declining shorter moving averages suggest patience. Execution is deferred via stalking pullbacks into the $15.00–$16.00 support area for tactical long exposure.

  • Acquired Early Phase Services division for ~$45M, expanding early-phase CRO capabilities.
  • Q2 revenue $678.2M and adjusted EBITDA $58.7M; full-year guidance $2.62–2.69B.
  • Top 10 customers account for 55.4% of revenue; largest client 16.8% heightens risk.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2023FY 2024FY 2025TREND
Sales, Adj.$2.8B$2.7B$2.7B
YoY %-5.1%+1.0%
P / Sales1.1x0.6x0.6x
EV / Sales2.0x1.4x1.3x
Gross Profit, Adj.$590.6M$534.2M$503.8M
YoY %-9.5%-5.7%
Margin %20.8%19.8%18.5%
EV / Gross Profit9.4x7.1x7.0x
EBITDA, Adj.$151.2M$-24.9M$47.4M
YoY %-116.5%+290.4%
Margin %5.3%-0.9%1.7%
EV / EBITDA36.8x-151.3x74.9x
EBIT$32.0M$-161.9M$-872.6M
YoY %-605.9%-439.0%
Margin %1.1%-6.0%-32.0%
EV / EBIT174.1x-23.3x-4.1x
Net Income$-25.2M$-328.5M$-986.2M
YoY %-1203.6%-200.2%
Net Margin-0.9%-12.2%-36.2%
EPS (GAAP)-$0.29-$3.67-$10.81
YoY %-1165.5%-194.6%