Fortrea Holdings Price To Book vs. Return On Asset

FTRE Stock

14.53 2.28 18.61%

Based on Fortrea Holdings' financial statements, Fortrea Holdings is currently operating at a loss, with net income of -986.2 million. The net profit margin is -34.0% and operating margin is -1.18%, with return on equity at -1.66%. Despite reporting a net loss, most profitability indicators are improving year over year, suggesting the margin structure may be stabilizing.

Current Value

Last Year

Change From Last Year

10 Year Trend

Gross Profit Margin

22.00%

15.63%

Way Up

Moderate Variation

Profitability metrics for Fortrea Holdings reflect a business that is consuming more capital than it generates, with deep negative margins across the income statement. Gross margin of 22.0% narrows sharply to a net margin of -34.0%, indicating that overhead, financing, or non-operating costs consume a large share of gross profit. Return on equity of -1.66% and return on assets of -34.0% confirm that capital is not generating positive returns at current operating levels. Figures reflect Fortrea Holdings' last reported annual data.

Fortrea Holdings has a market cap of 1.16 billion, an operating margin of 1.33% on a trailing twelve-month basis, compared to -1.18% in the last reported annual period. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Fortrea Holdings's company valuation - related indicators include signals in state and metro area employment, hours, and earnings.

Our How to Trade Fortrea Holdings guide. The guide covers key considerations relevant to Fortrea Stock order placement. It provides context that complements the data presented here for Fortrea Holdings.The evolution of Fortrea Holdings' EPS estimates over time maps how analyst sentiment has responded to reported results. Cash per share provides a liquidity overlay to Fortrea Holdings' reported earnings figure. Fortrea Holdings' EPS figure reflects both top-line momentum and cost discipline across reporting periods. Consensus EPS projections for Fortrea are based on current analyst assumptions and may be revised. The EPS estimates for Fortrea Holdings are based on earnings before non-recurring charges and credits. The estimates may reflect stock option expense as part of the total.

Macro event markers

Covid

Interest Hikes

As of 30th of June 2026, Fortrea Holdings EPS is estimated at 0.1777. A consistent beat pattern for Fortrea Holdings may reflect conservative guidance rather than outperformance. The spread between high and low analyst estimates for Fortrea Holdings reflects the range of uncertainty around forward earnings. Forward estimates are inherently uncertain but provide a baseline for tracking how expectations evolve.

Quarterly Earnings Growth

-57.4%

Earnings Share

-10.89

Revenue Per Share

29.86

Quarterly Revenue Growth

-5.2%

Return On Assets

-34.0%

For Fortrea Holdings, market value and book value represent two distinct lenses on the same underlying business. Fortrea Holdings' market capitalization is 1.16 billion. At P/B 2.04, Fortrea Holdings trades moderately above book value. Enterprise value (TTM) stands at 2.09 billion. Intrinsic value attempts to bridge the gap between market sentiment and accounting reality.

Fortrea Holdings' estimated value and market price are complementary but separate measures of worth. For Fortrea Holdings, key inputs include a P/B ratio of 2.04, a profit margin of -34.0%, ROE of -1.66%, and revenue of 2.72 billion.

Fortrea Holdings Return On Asset vs. Price To Book Fundamental Analysis

Fortrea Return On Asset vs. Price To Book

Fortrea Holdings

null

Fortrea Holdings

-0.34

Earnings History

Quarterly gross profit history for Fortrea Holdings is shown below using reported financial data.

Fortrea Holdings Quarterly Gross Profit

$111.8 million

The mean reversion effect in Fortrea Holdings is stronger when the initial deviation was driven by sentiment rather than fundamentals. Such deviations have sometimes corrected when the initial catalyst fades, though timing remains uncertain. The degree to which Fortrea Holdings' exhibits mean reversion depends on how efficiently the market prices new information. Short-term deviations tend to persist and even widen before correcting, making allocation calibration important.

Sentiment

Range

Low	Sentiment	High
7.28	12.17	17.06

Details

Intrinsic

Valuation

Low	Intrinsic	High
5.39	10.28	15.17

Details

Naive

Forecast

Low	Next	High
7.34	12.23	17.12

Details

Analyst

Consensus

Low	Target	High
11.52	12.66	14.06

Details

Peer benchmarking frames Fortrea Holdings's operating metrics and market pricing against comparable companies. Placing Fortrea Holdings' results in peer context distinguishes company-specific performance from industry-wide trends. Standalone financial analysis captures Fortrea Holdings's individual trajectory; peer comparison reveals relative standing. Peer benchmarking forms the basis of most institutional comparative equity analysis.

Estimated Months Earnings per Share

This chart shows the estimate series used for upcoming reporting periods.

Detailed Analysis of Earnings Estimates

Latest Earning Estimates and Surprises

The table below lists reported EPS, estimated EPS, and the reported surprise for each available quarter.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
null	null	null	null	null	0
2026-02-26	2025-12-31	0.53	0.09	-0.44	83
2025-11-05	2025-09-30	0.48	0.12	-0.36	75
2025-08-06	2025-06-30	0.08	0.19	0.11	137
2025-05-12	2025-03-31	-0.0573	0.02	0.0773	134
2025-03-10	2024-12-31	0.3653	0.18	-0.1853	50
2024-11-11	2024-09-30	0.25	0.23	-0.02	8