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RGEN vs FTRE
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
RGEN vs FTRE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Instruments & Supplies | Biotechnology |
| Market Cap | $7.09B | $1.46B |
| Revenue (TTM) | $763M | $2.71B |
| Net Income (TTM) | $51M | $-447M |
| Gross Margin | 51.5% | 12.1% |
| Operating Margin | 8.7% | -1.1% |
| Forward P/E | 63.9x | 23.1x |
| Total Debt | $690M | $68M |
| Cash & Equiv. | $566M | $175M |
RGEN vs FTRE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 23 | May 26 | Return |
|---|---|---|---|
| Repligen Corporation (RGEN) | 100 | 88.9 | -11.1% |
| Fortrea Holdings In… (FTRE) | 100 | 46.0 | -54.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: RGEN vs FTRE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
RGEN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.76
- Rev growth 16.4%, EPS growth 287.0%, 3Y rev CAGR -2.7%
- 379.1% 10Y total return vs FTRE's -51.1%
FTRE is the clearest fit if your priority is value and momentum.
- Lower P/E (23.1x vs 63.9x)
- +183.8% vs RGEN's -3.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.4% revenue growth vs FTRE's 1.0% | |
| Value | Lower P/E (23.1x vs 63.9x) | |
| Quality / Margins | 6.7% margin vs FTRE's -16.5% | |
| Stability / Safety | Beta 1.76 vs FTRE's 2.35 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +183.8% vs RGEN's -3.6% | |
| Efficiency (ROA) | 1.8% ROA vs FTRE's -16.3%, ROIC 2.2% vs -1.6% |
RGEN vs FTRE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
RGEN vs FTRE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
RGEN leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FTRE is the larger business by revenue, generating $2.7B annually — 3.5x RGEN's $763M. RGEN is the more profitable business, keeping 6.7% of every revenue dollar as net income compared to FTRE's -16.5%. On growth, RGEN holds the edge at +14.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $763M | $2.7B |
| EBITDAEarnings before interest/tax | $155M | $48M |
| Net IncomeAfter-tax profit | $51M | -$447M |
| Free Cash FlowCash after capex | $104M | $215M |
| Gross MarginGross profit ÷ Revenue | +51.5% | +12.1% |
| Operating MarginEBIT ÷ Revenue | +8.7% | -1.1% |
| Net MarginNet income ÷ Revenue | +6.7% | -16.5% |
| FCF MarginFCF ÷ Revenue | +13.7% | +8.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +14.8% | -2.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +50.0% | +95.9% |
Valuation Metrics
FTRE leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, FTRE's 28.6x EV/EBITDA is more attractive than RGEN's 52.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $7.1B | $1.5B |
| Enterprise ValueMkt cap + debt − cash | $7.2B | $1.4B |
| Trailing P/EPrice ÷ TTM EPS | 146.23x | -1.45x |
| Forward P/EPrice ÷ next-FY EPS est. | 63.92x | 23.10x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 52.17x | 28.60x |
| Price / SalesMarket cap ÷ Revenue | 9.61x | 0.54x |
| Price / BookPrice ÷ Book value/share | 3.38x | 2.53x |
| Price / FCFMarket cap ÷ FCF | 75.54x | 16.56x |
Profitability & Efficiency
RGEN leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
RGEN delivers a 2.5% return on equity — every $100 of shareholder capital generates $2 in annual profit, vs $-79 for FTRE. FTRE carries lower financial leverage with a 0.12x debt-to-equity ratio, signaling a more conservative balance sheet compared to RGEN's 0.33x. On the Piotroski fundamental quality scale (0–9), RGEN scores 7/9 vs FTRE's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +2.5% | -79.1% |
| ROA (TTM)Return on assets | +1.8% | -16.3% |
| ROICReturn on invested capital | +2.2% | -1.6% |
| ROCEReturn on capital employed | +2.2% | -1.4% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 4 |
| Debt / EquityFinancial leverage | 0.33x | 0.12x |
| Net DebtTotal debt minus cash | $124M | -$107M |
| Cash & Equiv.Liquid assets | $566M | $175M |
| Total DebtShort + long-term debt | $690M | $68M |
| Interest CoverageEBIT ÷ Interest expense | 2.64x | -7.33x |
Total Returns (Dividends Reinvested)
RGEN leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RGEN five years ago would be worth $6,790 today (with dividends reinvested), compared to $4,887 for FTRE. Over the past 12 months, FTRE leads with a +183.8% total return vs RGEN's -3.6%. The 3-year compound annual growth rate (CAGR) favors RGEN at -7.0% vs FTRE's -21.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -23.5% | -7.0% |
| 1-Year ReturnPast 12 months | -3.6% | +183.8% |
| 3-Year ReturnCumulative with dividends | -19.7% | -51.1% |
| 5-Year ReturnCumulative with dividends | -32.1% | -51.1% |
| 10-Year ReturnCumulative with dividends | +379.1% | -51.1% |
| CAGR (3Y)Annualised 3-year return | -7.0% | -21.2% |
Risk & Volatility
Evenly matched — RGEN and FTRE each lead in 1 of 2 comparable metrics.
Risk & Volatility
RGEN is the less volatile stock with a 1.76 beta — it tends to amplify market swings less than FTRE's 2.35 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FTRE currently trades 83.8% from its 52-week high vs RGEN's 71.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.76x | 2.35x |
| 52-Week HighHighest price in past year | $175.77 | $18.67 |
| 52-Week LowLowest price in past year | $109.52 | $3.97 |
| % of 52W HighCurrent price vs 52-week peak | +71.5% | +83.8% |
| RSI (14)Momentum oscillator 0–100 | 55.1 | 79.8 |
| Avg Volume (50D)Average daily shares traded | 909K | 1.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates RGEN as "Buy" and FTRE as "Hold". Consensus price targets imply 33.6% upside for RGEN (target: $168) vs 20.4% for FTRE (target: $19).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $168.00 | $18.83 |
| # AnalystsCovering analysts | 23 | 12 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
RGEN leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). FTRE leads in 1 (Valuation Metrics). 1 tied.
RGEN vs FTRE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is RGEN or FTRE a better buy right now?
For growth investors, Repligen Corporation (RGEN) is the stronger pick with 16.
4% revenue growth year-over-year, versus 1. 0% for Fortrea Holdings Inc. (FTRE). Repligen Corporation (RGEN) offers the better valuation at 146. 2x trailing P/E (63. 9x forward), making it the more compelling value choice. Analysts rate Repligen Corporation (RGEN) a "Buy" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — RGEN or FTRE?
On forward P/E, Fortrea Holdings Inc.
is actually cheaper at 23. 1x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — RGEN or FTRE?
Over the past 5 years, Repligen Corporation (RGEN) delivered a total return of -32.
1%, compared to -51. 1% for Fortrea Holdings Inc. (FTRE). Over 10 years, the gap is even starker: RGEN returned +379. 1% versus FTRE's -51. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — RGEN or FTRE?
By beta (market sensitivity over 5 years), Repligen Corporation (RGEN) is the lower-risk stock at 1.
76β versus Fortrea Holdings Inc. 's 2. 35β — meaning FTRE is approximately 34% more volatile than RGEN relative to the S&P 500. On balance sheet safety, Fortrea Holdings Inc. (FTRE) carries a lower debt/equity ratio of 12% versus 33% for Repligen Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — RGEN or FTRE?
By revenue growth (latest reported year), Repligen Corporation (RGEN) is pulling ahead at 16.
4% versus 1. 0% for Fortrea Holdings Inc. (FTRE). On earnings-per-share growth, the picture is similar: Repligen Corporation grew EPS 287. 0% year-over-year, compared to -194. 6% for Fortrea Holdings Inc.. Over a 3-year CAGR, FTRE leads at -1. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — RGEN or FTRE?
Repligen Corporation (RGEN) is the more profitable company, earning 6.
6% net margin versus -36. 2% for Fortrea Holdings Inc. — meaning it keeps 6. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RGEN leads at 8. 1% versus -1. 1% for FTRE. At the gross margin level — before operating expenses — RGEN leads at 47. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is RGEN or FTRE more undervalued right now?
On forward earnings alone, Fortrea Holdings Inc.
(FTRE) trades at 23. 1x forward P/E versus 63. 9x for Repligen Corporation — 40. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RGEN: 33. 6% to $168. 00.
08Which pays a better dividend — RGEN or FTRE?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is RGEN or FTRE better for a retirement portfolio?
For long-horizon retirement investors, Repligen Corporation (RGEN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+379.
1% 10Y return). Fortrea Holdings Inc. (FTRE) carries a higher beta of 2. 35 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (RGEN: +379. 1%, FTRE: -51. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between RGEN and FTRE?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: RGEN is a small-cap high-growth stock; FTRE is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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