Fortrea Holdings (FTRE) Debt Ratio (2023 - 2026)
Fortrea Holdings' Debt Ratio was 0.39 in Q3 2026, down 6.2% from 0.41 a year earlier and down 0.8% from the prior quarter.
Powered by 
Analysis
Fortrea Holdings (FTRE) Debt Ratio (2023 - 2026) Analysis & Trends
From Q2 2023 onward, Fortrea Holdings has reported Debt Ratio for 14 quarters.
- In earlier years, Debt Ratio was 0.31 in FY2024 (-14.5%) and 0.37 in FY2023.
- The Q3 2026 figure marks the lowest quarterly Debt Ratio since Q4 2024.
- Compared with a year earlier, Debt Ratio was higher in five of the last eight quarters, with growth averaging 8.1%.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2025 (growth of 33.9%); the worst was Q3 2024 (a decline of 17.1%).
- Per Business Quant data, FTRE's Debt Ratio in the three quarters before Q3 2026 was 0.39 (Q2 2026), 0.39 (Q1 2026) and 0.39 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 45.39 Bn | 36.65 Bn | 1.50 Bn | 0.53 |
| 2 | Medpace Holdings | 18.59 Bn | 16.24 Bn | 223.89 Mn | - |
| 3 | Charles River Laboratories International | 16.59 Bn | 15.79 Bn | 357.87 Mn | 0.33 |
| 4 | Icon | 15.81 Bn | 12.58 Bn | 491.83 Mn | 0.21 |
| 5 | Fortrea Holdings | 2.06 Bn | 1.35 Bn | 139.50 Mn | 0.39 |
| 6 | Ginkgo Bioworks Holdings | 758.79 Mn | -3.29 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 603.77 Mn | -1.27 Bn | - | 0.20 |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 48.71 Mn | 12.36 Mn | 1.61 Mn | - |
| 10 | Natural Alternatives International | 6.87 Mn | -21.21 Mn | 1.73 Mn | 0.15 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.39 |
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.37 |
API Access
Fortrea Holdings Debt 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=debt-ratio&ticker=FTRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=FTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();