Fortrea Holdings (FTRE) Debt to Equity (2023 - 2026)
Fortrea Holdings (FTRE) reported Debt to Equity of $2.0 for Q1 2026, up 41.75% on a YoY basis from $1.41 in Q1 2025, and up 7.22% quarter-over-quarter from $1.87 in Q4 2025.
Fortrea Holdings (FTRE) Debt to Equity (2023 - 2026) Analysis & Trends
Fortrea Holdings has reported Debt to Equity for 4 years, with the latest figure at $2.0 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 41.75% year-over-year to $2.0; the trailing twelve-month figure through Mar 2026 stood at $2.0 (up 41.75% YoY), and the FY2025 full-year result was $1.87, up 126.36% from the prior year.
- Debt to Equity for Q1 2026 stood at $2.0, up from $1.87 in the prior quarter.
- The five-year high for Debt to Equity was $2.0 in Q1 2026, with the low at $0.74 in Q3 2024.
- Historically, Debt to Equity has averaged $1.28 across 4 years, with a median of $0.98 in 2024.
- Annual changes were most pronounced in 2024 — Debt to Equity retreated 21.43% — and 2025, when it soared 161.08%.
- Fortrea Holdings' Debt to Equity stood at $0.93 in 2023, then decreased by 11.13% to $0.83 in 2024, then soared by 126.36% to $1.87 in 2025, then climbed by 7.22% to $2.0 in 2026.
- The last three Debt to Equity figures came in at $2.0 (Q1 2026), $1.87 (Q4 2025), and $1.94 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 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 | 0.32 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 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 | - |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Fortrea Holdings | 1.43 Bn | 1.28 Bn | 123.60 Mn | 2.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.00 |
| Dec 31, 2025 | 1.87 |
| Sep 30, 2025 | 1.94 |
| Jun 30, 2025 | 2.00 |
| Mar 31, 2025 | 1.41 |
| Dec 31, 2024 | 0.83 |
| Sep 30, 2024 | 0.74 |
| Jun 30, 2024 | 0.77 |
| Mar 31, 2024 | 1.01 |
| Dec 31, 2023 | 0.93 |
| Sep 30, 2023 | 0.95 |
| Jun 30, 2023 | 0.92 |