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
DateValue
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%