Fortrea Holdings (FTRE) FCF Margin (2022 - 2026)
Fortrea Holdings (FTRE) recorded FCF Margin of 7.59% in Q3 2026, down 3.74 percentage points from 11.34% a year earlier but up 4.66 percentage points from the prior quarter.
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Analysis
Fortrea Holdings (FTRE) FCF Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Fortrea Holdings' FCF Margin came in at 6.34% as of Sep 30, 2026, up 6.81 percentage points year-over-year; for FY2025, it was 3.24%, down 5.56 percentage points from FY2024.
- Annual FCF Margin has a four-year change of -1.44 percentage points (FY2021 to FY2025).
- Across earlier years, FCF Margin came in at 8.80% in FY2024 (+4.29 pp), 4.51% in FY2023 (+3.51 pp), 1.00% in FY2022 (-3.69 pp) and 4.69% in FY2021.
- Quarterly FCF Margin has ranged from -19.51% in Q1 2025 to 39.63% in Q2 2024 over the past five years.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of -1.13 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 20.25 percentage points in Q2 2024, against a drop of 37.62 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.93% (Q2 2026), -3.93% (Q1 2026) and 18.41% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 45.39 Bn | 36.65 Bn | 1.50 Bn | 15.06% |
| 2 | Medpace Holdings | 18.59 Bn | 16.24 Bn | 223.89 Mn | 27.44% |
| 3 | Charles River Laboratories International | 16.59 Bn | 15.79 Bn | 357.87 Mn | 21.09% |
| 4 | Icon | 15.81 Bn | 12.58 Bn | 491.83 Mn | 15.17% |
| 5 | Fortrea Holdings | 2.06 Bn | 1.35 Bn | 139.50 Mn | 7.59% |
| 6 | Ginkgo Bioworks Holdings | 758.79 Mn | -3.29 Mn | 18.44 Mn | -232.65% |
| 7 | Evotec SE | 603.77 Mn | -1.27 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | -3.59% |
| 9 | MindWalk Holdings | 48.71 Mn | 12.36 Mn | 1.61 Mn | -107.46% |
| 10 | Natural Alternatives International | 6.87 Mn | -21.21 Mn | 1.73 Mn | -4.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.59% |
| Jun 30, 2026 | 2.93% |
| Mar 31, 2026 | -3.93% |
| Dec 31, 2025 | 18.41% |
| Sep 30, 2025 | 11.34% |
| Jun 30, 2025 | 2.01% |
| Mar 31, 2025 | -19.51% |
| Dec 31, 2024 | 2.91% |
| Sep 30, 2024 | -1.57% |
| Jun 30, 2024 | 39.63% |
| Mar 31, 2024 | -5.27% |
| Dec 31, 2023 | 1.27% |
| Sep 30, 2023 | -0.45% |
| Jun 30, 2023 | 19.38% |
| Mar 31, 2023 | -2.62% |
| Dec 31, 2022 | 1.01% |
| Sep 30, 2022 | 8.38% |
API Access
Fortrea Holdings FCF Margin 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=fcf-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();