Fortrea Holdings (FTRE) Asset Utilization Ratio (2023 - 2026)
Fortrea Holdings' Asset Utilization Ratio was 0.98 in Q3 2026, down 1.2% from 0.99 a year earlier and down 1.4% from the prior quarter.
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Analysis
Fortrea Holdings (FTRE) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Fortrea Holdings came in at 0.87, up 26.9% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.68 in FY2024 (+3.4%) and 0.66 in FY2023.
- The Q3 2026 figure marks the lowest quarterly Asset Utilization Ratio since Q2 2025.
- Compared with a year earlier, Asset Utilization Ratio was higher in seven of the last eight quarters, with growth averaging 20.5%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q4 2025 (growth of 34.0%); the worst was Q3 2026 (a decline of 1.2%).
- Per Business Quant data, FTRE's Asset Utilization Ratio in the three quarters before Q3 2026 was 0.99 (Q2 2026), 1.00 (Q1 2026) and 1.00 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.91 Bn | 35.17 Bn | 1.50 Bn | 0.57 |
| 2 | Medpace Holdings | 18.49 Bn | 16.13 Bn | 223.89 Mn | 1.30 |
| 3 | Charles River Laboratories International | 16.73 Bn | 15.93 Bn | 363.37 Mn | 0.52 |
| 4 | Icon | 16.38 Bn | 13.15 Bn | 491.83 Mn | 0.50 |
| 5 | Fortrea Holdings | 2.09 Bn | 1.38 Bn | 139.50 Mn | 0.98 |
| 6 | Ginkgo Bioworks Holdings | 700.42 Mn | -61.66 Mn | 18.44 Mn | 0.11 |
| 7 | Evotec SE | 561.15 Mn | -1.05 Bn | - | - |
| 8 | Champions Oncology | 67.23 Mn | 42.88 Mn | 7.70 Mn | 2.01 |
| 9 | MindWalk Holdings | 54.73 Mn | 18.38 Mn | 1.61 Mn | 0.84 |
| 10 | Natural Alternatives International | 6.78 Mn | -21.30 Mn | 1.73 Mn | 1.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.98 |
| Jun 30, 2026 | 0.99 |
| Mar 31, 2026 | 1.00 |
| Dec 31, 2025 | 1.00 |
| Sep 30, 2025 | 0.99 |
| Jun 30, 2025 | 0.92 |
| Mar 31, 2025 | 0.80 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 0.75 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 0.66 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | 0.61 |
API Access
Fortrea Holdings Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FTRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FTRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();