Fortrea Holdings (FTRE) Debt Ratio (2023 - 2026)
Fortrea Holdings' (FTRE) quarterly Debt Ratio came in at 0.39 in Q2 2026, down 6.36% YoY from 0.41 in Q2 2025, and down 1.09% on a QoQ basis from 0.39 in Q1 2026.
Fortrea Holdings (FTRE) Debt Ratio (2023 - 2026) Analysis & Trends
Fortrea Holdings (FTRE) has 4 years of Debt Ratio data on file, last reported at 0.39 in Q2 2026.
- Quarterly Debt Ratio fell 6.36% year-over-year to 0.39 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.39 (down 6.36% YoY) and the FY2025 annual result came in at 0.39, up 23.39% from the prior year.
- Debt Ratio slipped to 0.39 in Q2 2026, from 0.39 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.41 in Q2 2025 to a low of 0.31 in Q3 2024.
- A 4-year average of 0.37 and a median of 0.38 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio fell 17.11% — and 2025, when it surged 33.86%.
- Tracing FTRE's Debt Ratio over 4 years: stood at 0.37 in 2023, then retreated by 14.5% to 0.31 in 2024, then increased by 23.39% to 0.39 in 2025, then rose by 0.17% to 0.39 in 2026.
- The last three Debt Ratio figures came in at 0.39 (Q2 2026), 0.39 (Q1 2026), and 0.39 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | - |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 0.12 |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | - |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 0.47 |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | - |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 0.26 |
| 10 | Fortrea Holdings | 1.66 Bn | 1.49 Bn | 139.20 Mn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |