Fortrea Holdings (FTRE) Asset Utilization Ratio (2023 - 2026)
Fortrea Holdings (FTRE) posted Asset Utilization Ratio of 1.0 for Q1 2026, up 0.54% on a QoQ basis from 1.0 in Q4 2025, and up 25.16% year-over-year from 0.8 in Q1 2025.
Fortrea Holdings (FTRE) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Fortrea Holdings' Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 1.0 for Q1 2026.
- Quarterly Asset Utilization Ratio rose 25.16% year-over-year to 1.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.0 (up 25.16% YoY) and the FY2025 annual result came in at 0.87, up 26.94% from the prior year.
- Asset Utilization Ratio was 1.0 for Q1 2026 at Fortrea Holdings, up from 1.0 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.0 in Q1 2026 and bottomed at 0.61 in Q3 2023.
- A 4-year average of 0.8 and a median of 0.75 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio grew 13.28% — and 2025, when it soared 34.04%.
- Fortrea Holdings' Asset Utilization Ratio stood at 0.66 in 2023, then advanced by 13.28% to 0.74 in 2024, then jumped by 34.04% to 1.0 in 2025, then rose by 0.54% to 1.0 in 2026.
- Business Quant data shows FTRE's Asset Utilization Ratio at 1.0 in Q1 2026, 1.0 in Q4 2025, and 0.99 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 0.69 |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 0.47 |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 0.37 |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Fortrea Holdings | 1.83 Bn | 1.68 Bn | 123.60 Mn | 1.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |