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Fortrea Holdings (Fortrea Holdings) FCF Margin % : 0.39% (As of Dec. 2023)


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What is Fortrea Holdings FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Fortrea Holdings's Free Cash Flow for the three months ended in Dec. 2023 was $3 Mil. Fortrea Holdings's Revenue for the three months ended in Dec. 2023 was $775 Mil. Therefore, Fortrea Holdings's FCF Margin % for the quarter that ended in Dec. 2023 was 0.39%.

As of today, Fortrea Holdings's current FCF Yield % is 4.31%.

The historical rank and industry rank for Fortrea Holdings's FCF Margin % or its related term are showing as below:

FTRE' s FCF Margin % Range Over the Past 10 Years
Min: 1.07   Med: 4.39   Max: 6.86
Current: 4.09


During the past 4 years, the highest FCF Margin % of Fortrea Holdings was 6.86%. The lowest was 1.07%. And the median was 4.39%.

FTRE's FCF Margin % is ranked better than
82.13% of 1041 companies
in the Biotechnology industry
Industry Median: -141.21 vs FTRE: 4.09


Fortrea Holdings FCF Margin % Historical Data

The historical data trend for Fortrea Holdings's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortrea Holdings FCF Margin % Chart

Fortrea Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
FCF Margin %
6.86 4.69 1.07 4.09

Fortrea Holdings Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 -1.67 17.81 -0.55 0.39

Competitive Comparison of Fortrea Holdings's FCF Margin %

For the Biotechnology subindustry, Fortrea Holdings's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortrea Holdings's FCF Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Fortrea Holdings's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Fortrea Holdings's FCF Margin % falls into.



Fortrea Holdings FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Fortrea Holdings's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=127.1/3109
=4.09 %

Fortrea Holdings's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3/775.4
=0.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fortrea Holdings FCF Margin % Related Terms

Thank you for viewing the detailed overview of Fortrea Holdings's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortrea Holdings (Fortrea Holdings) Business Description

Traded in Other Exchanges
Address
8 Moore Drive, Durham, NC, USA, 27709
Fortrea Holdings is a late-stage contract research organization, or CRO, that provides comprehensive Phase I through IV clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after LabCorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion. Fortrea has 19,000 staff members across 90 countries.
Executives
Thomas Pike officer: Chief Executive Officer C/O ACCENTURE, 161 N. CLARK STREET, 23RD FLOOR, CHICAGO IL 60601
Peter M Neupert director 13920 SE EASTGATE WAY, STE 300, BELLEVUE WA 98005
Betty D Larson director GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE, CHICAGO IL 60661
R Andrew Eckert director THREE RAVINIA DRIVE, ATLANTA GA 30346
Edward A Pesicka director 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Amrit Ray director 60 LEVERONI COURT, NOVATO CA 94949
Amanda M. Warren officer: Chief Accounting Officer 8 MOORE DRIVE, DURHAM NC 27703
David Ross Smith director 251 BALLARDVALE STREET, WILMINGTON MA 01887
Van Der Vaart Sandra D director, officer: President and Secretary 531 SOUTH SPRING STREET, BURLINGTON NC 27215
Glenn A Eisenberg director, officer: Executive Vice President P O BOX 1017, CHARLOTTE NC 28201-1017
James S. Hanson officer: General Counsel 79 TW ALEXANDER DRIVE, 4501 RESEARCH COMMONS, SUITE 100, RESEARCH TRIANGLE PARK NC 27709
Laboratory Corp Of America Holdings 10 percent owner 358 S MAIN ST, BURLINGTON NC 27215
Jill G. Mcconnell officer: Chief Financial Officer 8 MOORE DRIVE, DURHAM NC 27703
Mark A. Morais officer: Chief Operating Officer 8 MOORE DRIVE, DURHAM NC 27703
Robert S. Pringle officer: Treasurer 531 SOUTH SPRING STREET, BURLINGTON NC 27215