Fortrea Holdings Inc. (FTRE) quarterly balance sheet — complete assets, liabilities & equity history
Fortrea Holdings Inc. (FTRE) balance sheet — 5-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|
| Total Current Assets | 952.7M | 923.6M | 881.5M | 897.2M | 918.5M | 960M | 970.3M | 948.2M | 936.9M | 887.7M | 1.2B | 1.25B | 1.26B | 1.23B | 1.24B | 1.25B |
| Cash & Short-Term Investments | 220.6M | 168.6M | 147.5M | 174.6M | 131.3M | 81.2M | 101.6M | 118.5M | 105.3M | 126.2M | 92.8M | 108.6M | 107.5M | 114.3M | 120M | 112M |
| Cash Only | 220.6M | 168.6M | 147.5M | 174.6M | 131.3M | 81.2M | 101.6M | 118.5M | 105.3M | 126.2M | 92.8M | 108.6M | 107.5M | 114.3M | 120M | 112M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 641.1M | 654.4M | 619.6M | 620M | 663.2M | 739.2M | 729M | 694M | 689.1M | 637.9M | 941M | 1.01B | 1.05B | 1.01B | 996.6M | 1.05B |
| Days Sales Outstanding | 86.18 | 85.47 | 87.64 | 89.37 | 91.99 | 94.05 | 98.32 | 91.28 | 90.45 | 108.45 | 134.11 | 122.07 | 132.87 | 126.21 | 132.81 | 763.55 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 100.6M | 114.4M | 37.6M | 124M | 139.6M | 139.7M | 77.2M | 142.5M | 123.6M | 166.2M | 97.6M | 103.2M | 102.5M | 0 | 50.8M |
| Total Non-Current Assets | 1.79B | 1.79B | 1.8B | 1.82B | 1.82B | 1.88B | 2.15B | 2.63B | 2.73B | 2.68B | 3.04B | 3.08B | 3.06B | 3.12B | 3.06B | 3.04B |
| Property, Plant & Equipment | 158.6M | 156.2M | 157.1M | 149.5M | 147.6M | 148.7M | 150.2M | 156.3M | 173.1M | 173.1M | 167.4M | 172.6M | 219.2M | 212.3M | 174.3M | 164.9M |
| Fixed Asset Turnover | 4.39x | 4.33x | 4.15x | 4.45x | 4.73x | 4.75x | 4.25x | 4.23x | 3.90x | 3.89x | 3.89x | 3.96x | 3.31x | 3.75x | 4.09x | 3.05x |
| Goodwill | 949.9M | 950.3M | 950.8M | 960M | 958.1M | 965.2M | 1.24B | 1.71B | 1.77B | 1.73B | 1.73B | 1.74B | 1.99B | 2.03B | 2.01B | 2B |
| Intangible Assets | 572M | 586.8M | 601.7M | 622M | 635.4M | 654.3M | 651.3M | 655.7M | 691.2M | 691.9M | 707.9M | 728.1M | 773.7M | 801.5M | 812.3M | 823.3M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 98.8M | 91.8M | 86.1M | 80.8M | 74.2M | 101.3M | 101.4M | 103.4M | 92.3M | 83.8M | 434.1M | 438.5M | 69.7M | 83.7M | 66.3M | 54.3M |
| Total Assets | 2.74B | 2.71B | 2.68B | 2.72B | 2.74B | 2.84B | 3.12B | 3.58B | 3.66B | 3.57B | 4.24B | 4.33B | 4.32B | 4.36B | 4.31B | 4.29B |
| Asset Turnover | 0.25x | 0.25x | 0.24x | 0.24x | 0.25x | 0.24x | 0.19x | 0.19x | 0.19x | 0.17x | 0.15x | 0.18x | 0.16x | 0.17x | 0.16x | 0.12x |
| Asset Growth % | -0.14% | -4.24% | -14.02% | -24.13% | -25.15% | -20.48% | -26.39% | -17.39% | -15.13% | -18.15% | -1.54% | 1.04% | - | - | - | - |
| Total Current Liabilities | 983.3M | 963.7M | 929.1M | 913.3M | 914.4M | 942.3M | 999.1M | 949.5M | 795.8M | 749M | 818.3M | 778.4M | 774.6M | 752.1M | 656.5M | 699M |
| Accounts Payable | 53M | 54.2M | 70.8M | 29.7M | 49.5M | 92.6M | 110.2M | 138.2M | 137.6M | 144.2M | 131.3M | 132.9M | 128.3M | 105.3M | 102.6M | 81.5M |
| Days Payables Outstanding | 8.93 | 10.55 | 8.49 | 6.64 | 10.93 | 15.47 | 20.9 | 22.81 | 24.62 | 23.86 | 21.69 | 18.32 | 19.06 | 16.63 | 15.3 | 136.21 |
| Short-Term Debt | 23.4M | 26M | 10.9M | 4.8M | 83.7M | 74.8M | 163.8M | 74.8M | 0 | 0 | 55M | 26.1M | 26.1M | 26.1M | 0 | 0 |
| Deferred Revenue (Current) | 525.5M | 502.7M | 481.3M | 473.8M | 411.6M | 381.7M | 364.4M | 353.3M | 321.1M | 248M | 236.9M | 214.2M | 264.8M | 264.3M | 258M | 271.5M |
| Other Current Liabilities | 0 | 380.8M | 0 | 168.9M | 369.6M | 0 | 0 | 129.6M | 0 | 0 | 51.2M | 185.9M | 0 | 0 | 0 | 150.1M |
| Current Ratio | 0.97x | 0.96x | 0.95x | 0.98x | 1.00x | 1.02x | 0.97x | 1.00x | 1.18x | 1.19x | 1.47x | 1.61x | 1.62x | 1.64x | 1.89x | 1.78x |
| Quick Ratio | 0.97x | 0.96x | 0.95x | 0.98x | 1.00x | 1.02x | 0.97x | 1.00x | 1.18x | 1.19x | 1.47x | 1.61x | 1.62x | 1.64x | 1.89x | 1.78x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.22B | 1.23B | 1.23B | 1.24B | 1.25B | 1.3B | 1.26B | 1.27B | 1.35B | 1.36B | 1.83B | 1.84B | 1.85B | 1.85B | 1.84B | 246.3M |
| Long-Term Debt | 1.03B | 1.04B | 1.04B | 1.05B | 1.05B | 1.1B | 1.05B | 1.05B | 1.12B | 1.12B | 1.56B | 1.57B | 1.57B | 1.58B | 1.61B | 0 |
| Capital Lease Obligations | 53.8M | 54.3M | 55.7M | 54M | 51.5M | 52.9M | 59.1M | 60.6M | 65.4M | 65.8M | 59.5M | 62.8M | 68M | 52.9M | 30.3M | 40.1M |
| Deferred Tax Liabilities | 97.1M | 97M | 92.3M | 97.6M | 106.9M | 112.8M | 117.9M | 121.7M | 126.9M | 136.1M | 150.7M | 147.7M | 171.7M | 184.2M | 181.4M | 184.5M |
| Other Non-Current Liabilities | 39.8M | 38.5M | 37.8M | 39.3M | 36.4M | 37M | 36.3M | 35.3M | 37.6M | 29.6M | 60.4M | 63.7M | 35.7M | 37M | 22.3M | 21.7M |
| Total Liabilities | 2.21B | 2.19B | 2.16B | 2.15B | 2.16B | 2.25B | 2.26B | 2.22B | 2.15B | 2.1B | 2.65B | 2.62B | 2.62B | 2.61B | 2.5B | 945.3M |
| Total Debt | 1.12B | 1.12B | 1.12B | 1.12B | 1.19B | 1.24B | 1.29B | 1.2B | 1.2B | 1.2B | 1.69B | 1.67B | 1.69B | 1.68B | 1.66B | 63.4M |
| Net Debt | 897.8M | 948.9M | 970.5M | 941.4M | 1.06B | 1.16B | 1.18B | 1.08B | 1.1B | 1.08B | 1.6B | 1.56B | 1.58B | 1.56B | 1.54B | -48.6M |
| Debt / Equity | 2.10x | 2.13x | 2.13x | 1.98x | 2.04x | 2.11x | 1.50x | 0.88x | 0.80x | 0.82x | 1.06x | 0.98x | 1.00x | 0.96x | 0.92x | 0.02x |
| Debt / EBITDA | 31.95x | 32.49x | 48.40x | 39.72x | 320.89x | 142.64x | - | - | 376.22x | - | - | 126.67x | 47.76x | 29.39x | 44.72x | 13.49x |
| Net Debt / EBITDA | 25.65x | 27.58x | 42.01x | 33.50x | 285.41x | 133.31x | - | - | 343.31x | - | - | 118.44x | 44.72x | 27.39x | 41.49x | -10.34x |
| Interest Coverage | 0.82x | 0.77x | 0.35x | -0.53x | -0.27x | -14.98x | -23.57x | -2.42x | -0.60x | -0.96x | -1.21x | -0.19x | 0.37x | 53.29x | - | -40.50x |
| Total Equity | 532.3M | 524.2M | 525.9M | 563.5M | 580.8M | 589.2M | 858.8M | 1.36B | 1.51B | 1.46B | 1.59B | 1.71B | 1.69B | 1.75B | 1.81B | 3.34B |
| Equity Growth % | -8.35% | -11.03% | -38.76% | -58.64% | -61.63% | -59.67% | -46.05% | -20.52% | -10.67% | -16.56% | -11.83% | -48.72% | - | - | - | - |
| Book Value per Share | 5.26 | 5.56 | 5.77 | 6.18 | 6.37 | 6.50 | 9.61 | 15.14 | 16.82 | 16.34 | 17.85 | 19.52 | 19.40 | 19.72 | 20.42 | 37.81 |
| Total Shareholders' Equity | 532.3M | 524.2M | 525.9M | 563.5M | 580.8M | 589.2M | 858.8M | 1.36B | 1.51B | 1.46B | 1.59B | 1.71B | 1.69B | 1.75B | 1.81B | 3.34B |
| Common Stock | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 0 |
| Retained Earnings | -1.42B | -1.42B | -1.41B | -1.38B | -1.35B | -1.33B | -959.9M | -397M | -335.8M | -307.9M | -169.5M | -68.5M | -13.1M | 0 | -257.1M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -201M | -196.5M | -195.4M | -170M | -170.4M | -155.6M | -238.2M | -282.9M | -178.1M | -249M | -241.6M | -215.5M | -280.3M | -225.5M | -257.1M | -276M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |