Fortrea Holdings Inc.

FTRE Healthcare Biotechnology

Fortrea Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 1.00% from fiscal 2024.

Revenue
−1.40%
EPS
+103.7%
Free cash flow
−34.0%
Total debt
−6.33%

Quarter to September 2026, against a year earlier

21.95 1.49 +7.28%
Market cap
$2.0B
P/E
0.0×
Fwd P/E
−47.3×
Dividend yield
—
F-score
3/9
Altman Z
−0.34
Beneish M
−4.60
Dividend safety
n/a

Fortrea Holdings Inc. (FTRE) EV/EBITDA

Alert me on EV/EBITDA

As of 6 November 2026, Fortrea Holdings Inc. (FTRE) trades at a EV/EBITDA of 32.1×. Over the past ten years it has ranged from 0.0× (December 2025) to 775× (January 2026); the current reading is higher than 60% of that period. That is above the Biotechnology industry median of 0.7× and above the Healthcare sector median of 8.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 743× —
FY2024 0.0× —
FY2023 31.7× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 30.0× (20.21%)
Jun 2026 37.6× (33.82%)
Mar 2026 56.8× (92.36%)
Dec 2025 743× —
13 more quarters

Against its own ten years

Low 0.0× High 775×
Ten-year median 19.3×
Current reading's percentile 60

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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