Fortrea Holdings (FTRE) Operating Margin (2022 - 2026)
Fortrea Holdings (FTRE) recorded Operating Margin of 2.17% in Q3 2026, up 3.40 percentage points from -1.23% a year earlier but down 0.01 percentage points from the prior quarter.
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Analysis
Fortrea Holdings (FTRE) Operating Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Fortrea Holdings' Operating Margin came in at 0.48% as of Sep 30, 2026, up 33.62 percentage points year-over-year; for FY2025, it was -32.04%, down 26.04 percentage points from FY2024.
- Annual Operating Margin has declined for three straight years, with a four-year change of -35.78 percentage points (FY2021 to FY2025).
- Across earlier years, Operating Margin came in at -6.00% in FY2024 (-7.13 pp), 1.13% in FY2023 (-5.47 pp), 6.59% in FY2022 (+2.86 pp) and 3.74% in FY2021.
- Quarterly Operating Margin has ranged from -79.86% in Q1 2025 to 9.04% in Q3 2022 over the past five years.
- On a year-over-year basis, Operating Margin has increased for five consecutive quarters, with an average year-over-year change of +2.64 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 79.32 percentage points in Q1 2026, against a drop of 74.21 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.18% (Q2 2026), -0.53% (Q1 2026) and -2.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 45.39 Bn | 36.65 Bn | 1.50 Bn | 12.92% |
| 2 | Medpace Holdings | 18.59 Bn | 16.24 Bn | 223.89 Mn | 23.12% |
| 3 | Charles River Laboratories International | 16.59 Bn | 15.79 Bn | 357.87 Mn | 20.62% |
| 4 | Icon | 15.81 Bn | 12.58 Bn | 491.83 Mn | 9.82% |
| 5 | Fortrea Holdings | 2.06 Bn | 1.35 Bn | 139.50 Mn | 2.17% |
| 6 | Ginkgo Bioworks Holdings | 758.79 Mn | -3.29 Mn | 18.44 Mn | -290.47% |
| 7 | Evotec SE | 603.77 Mn | -1.27 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | -2.69% |
| 9 | MindWalk Holdings | 48.71 Mn | 12.36 Mn | 1.61 Mn | -76.50% |
| 10 | Natural Alternatives International | 6.87 Mn | -21.21 Mn | 1.73 Mn | -38.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.17% |
| Jun 30, 2026 | 2.18% |
| Mar 31, 2026 | -0.53% |
| Dec 31, 2025 | -2.06% |
| Sep 30, 2025 | -1.23% |
| Jun 30, 2025 | -46.50% |
| Mar 31, 2025 | -79.86% |
| Dec 31, 2024 | -7.98% |
| Sep 30, 2024 | -2.67% |
| Jun 30, 2024 | -7.68% |
| Mar 31, 2024 | -5.65% |
| Dec 31, 2023 | -3.38% |
| Sep 30, 2023 | 1.44% |
| Jun 30, 2023 | 4.36% |
| Mar 31, 2023 | 2.03% |
| Dec 31, 2022 | 2.85% |
| Sep 30, 2022 | 9.04% |
| Jun 30, 2022 | 8.98% |
API Access
Fortrea Holdings Operating 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=operating-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();