Fortrea Holdings (FTRE) Tax Rate (2022 - 2026)
Fortrea Holdings (FTRE) reported Tax Rate of 91.87% for Q1 2026, down 8915.0% on a YoY basis from 1.04% in Q1 2025, and down 1155.02% quarter-over-quarter from 8.71% in Q4 2025.
Fortrea Holdings (FTRE) Tax Rate (2022 - 2026) Analysis & Trends
Fortrea Holdings has reported Tax Rate for 5 years, with the latest figure at 91.87% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 8915.0% year-over-year to 91.87%; the trailing twelve-month figure through Mar 2026 stood at 0.09% (up 107.0% YoY), and the FY2025 full-year result was 0.33%, down 160.0% from the prior year.
- Tax Rate for Q1 2026 stood at 91.87%, down from 8.71% in the prior quarter.
- The five-year high for Tax Rate was 48.32% in Q3 2024, with the low at 91.87% in Q1 2026.
- Historically, Tax Rate has averaged 3.12% across 5 years, with a median of 9.93% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate surged 7501 bps — and 2026, when it plunged 8915 bps.
- Fortrea Holdings' Tax Rate stood at 63.86% in 2022, then jumped by 117 bps to 11.15% in 2023, then slumped by 88 bps to 1.34% in 2024, then surged by 552 bps to 8.71% in 2025, then plunged by 1155 bps to 91.87% in 2026.
- The last three Tax Rate figures came in at 91.87% (Q1 2026), 8.71% (Q4 2025), and 44.6% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Fortrea Holdings | 1.43 Bn | 1.28 Bn | 123.60 Mn | -91.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -91.87% |
| Mar 31, 2026 | -91.87% |
| Dec 31, 2025 | 8.71% |
| Dec 31, 2025 | 8.71% |
| Sep 30, 2025 | 44.60% |
| Sep 30, 2025 | 44.60% |
| Jun 30, 2025 | -1.13% |
| Jun 30, 2025 | -1.13% |
| Mar 31, 2025 | -2.72% |
| Mar 31, 2025 | -2.72% |
| Dec 31, 2024 | 1.34% |
| Dec 31, 2024 | 1.34% |
| Sep 30, 2024 | 48.32% |
| Sep 30, 2024 | 48.32% |
| Jun 30, 2024 | -12.08% |
| Jun 30, 2024 | -12.08% |
| Mar 31, 2024 | -5.42% |
| Mar 31, 2024 | -5.42% |
| Dec 31, 2023 | 11.15% |
| Dec 31, 2023 | 11.15% |