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) Gross margin

Alert me on Gross margin

Fortrea Holdings Inc.'s gross margin over the twelve months to 30 September 2026 was 20.0%, up 1.5 percentage points from fiscal 2025 (18.5%). Over the past ten years it has ranged from 14.3% (fiscal 2020) to 25.5% (fiscal 2022); the current reading is higher than 33% of that period. That is below the Biotechnology industry median of 68.5% and below the Healthcare sector median of 54.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 18.5% (1.31)
FY2024 19.8% (0.97)
FY2023 20.8% (4.75)
FY2022 25.5% 5.76
FY2021 19.8% 5.43
FY2020 14.3% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 20.2% (0.35)
Jun 2026 20.5% 1.10
Mar 2026 19.4% (0.43)
Dec 2025 19.9% 2.35
13 more quarters

Against its own ten years

Low 14.3% High 25.5%
Ten-year median 19.8%
Current reading's percentile 71

Gross margin against peers

Company Gross margin
IMNM Immunome, Inc. compare 100.0%
VIR Vir Biotechnology, Inc. compare 100.0%
HRMY Harmony Biosciences Holdings, Inc. compare 74.0%
FTRE Fortrea Holdings Inc. 20.0%
SRPT Sarepta Therapeutics, Inc. compare 0.00%
REPL Replimune Group, Inc. compare 0.00%
BHVN Biohaven Ltd. compare 0.00%
ZYME Zymeworks Inc. compare −246.7%
TRAX First Tracks Biotherapeutics, Inc. compare —
Biotechnology industry median 68.5%
Healthcare sector median 54.5%
Market median 46.0%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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