Fortrea Holdings (FTRE) Asset Utilization Ratio (2023 - 2026)

Fortrea Holdings (FTRE) reported Asset Utilization Ratio of 1.0 for Q1 2026, up 25.16% on a YoY basis from 0.8 in Q1 2025, and up 0.54% quarter-over-quarter from 1.0 in Q4 2025.

Fortrea Holdings (FTRE) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

Fortrea Holdings has reported Asset Utilization Ratio for 4 years, with the latest figure at 1.0 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 25.16% year-over-year to 1.0; the trailing twelve-month figure through Mar 2026 stood at 1.0 (up 25.16% YoY), and the FY2025 full-year result was 0.87, up 26.94% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.0, up from 1.0 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.0 in Q1 2026, with the low at 0.61 in Q3 2023.
  • Historically, Asset Utilization Ratio has averaged 0.8 across 4 years, with a median of 0.75 in 2024.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio gained 13.28% — and 2025, when it soared 34.04%.
  • Fortrea Holdings' Asset Utilization Ratio stood at 0.66 in 2023, then rose by 13.28% to 0.74 in 2024, then surged by 34.04% to 1.0 in 2025, then grew by 0.54% to 1.0 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.0 (Q1 2026), 1.0 (Q4 2025), and 0.99 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 0.55
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.60
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 1,422.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 0.47
9 Abivax 91.96 Bn 91.96 Bn - -
10 Fortrea Holdings 1.43 Bn 1.28 Bn 123.60 Mn 1.00

Historic Data

Download Data
DateValue
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