Fortrea Holdings (FTRE) Debt Ratio (2023 - 2026)
Fortrea Holdings' (FTRE) quarterly Debt Ratio came in at 0.39 in Q2 2026, down 6.36% on a YoY basis from 0.41 in Q2 2025, and down 1.09% quarter-over-quarter from 0.39 in Q1 2026.
Analysis
Fortrea Holdings (FTRE) Debt Ratio (2023 - 2026) Analysis & Trends
Fortrea Holdings (FTRE) has reported Debt Ratio for 4 consecutive years, with 0.39 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 6.36% year-over-year to 0.39; the trailing twelve-month figure through Jun 2026 stood at 0.39 (down 6.36% YoY), and the FY2025 full-year result was 0.39, up 23.39% from the prior year.
- Debt Ratio fell to 0.39 in Q2 2026 per FTRE's latest filing, from 0.39 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.41 in Q2 2025 and bottomed at 0.31 in Q3 2024.
- Historically, Debt Ratio has averaged 0.37 across 4 years, with a median of 0.38 in 2024.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio retreated 17.11% in 2024, then soared 33.86% in 2025.
- Over 4 years, Debt Ratio stood at 0.37 in 2023, then slipped by 14.5% to 0.31 in 2024, then gained by 23.39% to 0.39 in 2025, then advanced by 0.17% to 0.39 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.39, 0.39, and 0.39 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.06 Bn | 42.11 Bn | 1.44 Bn | 0.54 |
| 2 | Medpace Holdings | 16.50 Bn | 16.00 Bn | 201.64 Mn | - |
| 3 | Charles River Laboratories International | 13.77 Bn | 13.62 Bn | 452.07 Mn | 0.35 |
| 4 | Icon | 12.62 Bn | 11.69 Bn | 479.29 Mn | 0.21 |
| 5 | Fortrea Holdings | 1.68 Bn | 1.51 Bn | 139.20 Mn | 0.39 |
| 6 | Evotec SE | 661.34 Mn | 235.46 Mn | - | 0.30 |
| 7 | Ginkgo Bioworks Holdings | 442.79 Mn | 358.26 Mn | 18.44 Mn | - |
| 8 | Champions Oncology | 72.49 Mn | 72.62 Mn | 7.03 Mn | - |
| 9 | MindWalk Holdings | 61.66 Mn | 53.38 Mn | 1.82 Mn | - |
| 10 | VivoSim Labs | 1.47 Mn | 1.47 Mn | - | - |
Historic Data
Download Data
Historic 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 |