Fortrea Holdings (FTRE) EV to FCF (2023 - 2026)
Fortrea Holdings' (FTRE) quarterly EV to FCF came in at 74.68 in Q2 2026, up 190.71% on a YoY basis from 25.69 in Q2 2025, and up 351.07% quarter-over-quarter from 29.75 in Q1 2026.
Analysis
Fortrea Holdings (FTRE) EV to FCF (2023 - 2026) Analysis & Trends
Fortrea Holdings (FTRE) has reported EV to FCF for 4 consecutive years, with 74.68 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 190.71% year-over-year to 74.68; the trailing twelve-month figure through Jun 2026 stood at 7.58 (up 312.8% YoY), and the FY2025 full-year result was 16.21, up 19.47% from the prior year.
- EV to FCF improved to 74.68 in Q2 2026 per FTRE's latest filing, from 29.75 in the prior quarter.
- Across five years, EV to FCF topped out at 676.63 in Q4 2023 and bottomed at 1553.15 in Q3 2023.
- Historically, EV to FCF has averaged 85.07 across 4 years, with a median of 11.77 in 2025.
- The widest YoY moves for EV to FCF: up 190.71% in 2026, down 549.95% in 2026.
- Over 4 years, EV to FCF stood at 676.63 in 2023, then tumbled by 76.56% to 158.61 in 2024, then slumped by 92.58% to 11.77 in 2025, then soared by 534.43% to 74.68 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 74.68, 29.75, and 11.77 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.77 Bn | 40.69 Bn | 1.44 Bn |
| 2 | Medpace Holdings | 16.50 Bn | 16.00 Bn | 201.64 Mn |
| 3 | Charles River Laboratories International | 13.37 Bn | 13.18 Bn | 452.07 Mn |
| 4 | Icon | 12.49 Bn | 11.56 Bn | 479.29 Mn |
| 5 | Fortrea Holdings | 1.58 Bn | 1.42 Bn | 139.20 Mn |
| 6 | Evotec SE | 642.83 Mn | 216.96 Mn | - |
| 7 | Ginkgo Bioworks Holdings | 422.55 Mn | 338.02 Mn | 18.44 Mn |
| 8 | Champions Oncology | 69.16 Mn | 69.16 Mn | 7.03 Mn |
| 9 | MindWalk Holdings | 59.83 Mn | 51.55 Mn | 1.82 Mn |
| 10 | VivoSim Labs | 1.45 Mn | 1.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.68 |
| Mar 31, 2026 | -29.75 |
| Dec 31, 2025 | 11.77 |
| Sep 30, 2025 | 8.11 |
| Jun 30, 2025 | 25.69 |
| Mar 31, 2025 | -4.58 |
| Dec 31, 2024 | 158.61 |
| Sep 30, 2024 | -328.56 |
| Jun 30, 2024 | 15.43 |
| Mar 31, 2024 | -202.99 |
| Dec 31, 2023 | 676.63 |
| Sep 30, 2023 | -1,553.15 |
| Jun 30, 2023 | 42.18 |