What is Fortrea Holdings Price-to-Operating-Cash-Flow?
As of today (2024-05-12), Fortrea Holdings's share price is $33.03.
Fortrea Holdings's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.89. Hence, Fortrea Holdings's Price-to-Operating-Cash-Flow Ratio for today is 17.52.
The historical rank and industry rank for Fortrea Holdings's Price-to-Operating-Cash-Flow or its related term are showing as below:
FTRE'
s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 8.78 Med: 15.96 Max: 21.29
Current: 17.52
During the past 4 years, Fortrea Holdings's highest Price-to-Operating-Cash-Flow Ratio was 21.29. The lowest was 8.78. And the median was 15.96.
Fortrea Holdings's Cash Flow from Operations per share for the
three
months ended in Dec. 2023 was $0.14.
Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.89.
During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Fortrea Holdings was 90.40% per year.
During the past 3 years, the average Operating Cash Flow per Share Growth Rate was -6.00% per year.
During the past 4 years, Fortrea Holdings's highest 3-Year average Operating Cash Flow per Share Growth Rate was -6.00% per year. The lowest was -6.00% per year. And the median was -6.00% per year.
Fortrea Holdings Price-to-Operating-Cash-Flow Historical Data
The historical data trend for Fortrea Holdings's Price-to-Operating-Cash-Flow 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.
Fortrea Holdings Price-to-Operating-Cash-Flow Chart
|
Fortrea Holdings Annual Data
|
|
Trend |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Price-to-Operating-Cash-Flow |
|
- |
- |
- |
18.51 |
|
Fortrea Holdings Quarterly Data
|
|
Dec20 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Price-to-Operating-Cash-Flow |
Get a 7-Day Free Trial
|
|
|
- |
- |
11.45 |
13.85 |
18.51 |
Competitive Comparison of Fortrea Holdings's Price-to-Operating-Cash-Flow
For the Biotechnology subindustry, Fortrea Holdings's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Fortrea Holdings's Price-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Fortrea Holdings's Price-to-Operating-Cash-Flow falls into.
Fortrea Holdings Price-to-Operating-Cash-Flow Calculation
Fortrea Holdings's Price-to-Operating-Cash-Flow ratio for today is calculated as
| Price-to-Operating-Cash-Flow Ratio | = | Share Price | / | Cash Flow from Operations per share (TTM) |
| = | 33.03 | / | 1.885 |
| = | 17.52 |
Fortrea Holdings's Share Price of today is $33.03.
Fortrea Holdings's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.89.
* 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.
Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).
It can also be calculated from the numbers for the whole company:
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 |
Fortrea Holdings (Fortrea Holdings) Headlines
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