Fortrea Holdings (FTRE) Tax Rate (2022 - 2023)
Fortrea Holdings' Tax Rate came in at -1000.00% for Q2 2026, down 998.87 percentage points from -1.13% a year earlier and down 908.13 percentage points from the prior quarter.
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Analysis
Fortrea Holdings (FTRE) Tax Rate (2022 - 2023) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fortrea Holdings reported Tax Rate of -9.51%, down 9.43 percentage points year-over-year; for FY2025, it came in at -0.33%, down 1.60 percentage points from FY2024.
- Tax Rate carries a four-year change of -28.48 percentage points (FY2021 to FY2025).
- Going back by year, Tax Rate was 1.27% in FY2024 (+5.21 pp), -3.93% in FY2023 (-25.91 pp), 21.98% in FY2022 (-6.17 pp) and 28.15% in FY2021.
- The Q2 2026 figure represents the lowest quarterly Tax Rate in data going back to Q2 2022.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -132.34 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2023 (a gain of 75.01 percentage points), and the weakest in Q2 2026 (a drop of 998.87 percentage points).
- Business Quant data shows FTRE's Tax Rate at -91.87% (Q1 2026), 8.71% (Q4 2025) and 44.60% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.26 Bn | 36.10 Bn | 1.44 Bn | 19.93% |
| 2 | Medpace Holdings | 17.42 Bn | 15.48 Bn | 201.64 Mn | 19.98% |
| 3 | Charles River Laboratories International | 14.08 Bn | 13.32 Bn | 363.37 Mn | 101.43% |
| 4 | Icon | 13.02 Bn | 10.12 Bn | 479.29 Mn | - |
| 5 | Fortrea Holdings | 1.90 Bn | 1.28 Bn | 139.20 Mn | - |
| 6 | Ginkgo Bioworks Holdings | 817.41 Mn | 55.33 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 608.00 Mn | -965.22 Mn | - | - |
| 8 | Champions Oncology | 69.59 Mn | 45.24 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 62.13 Mn | 26.34 Mn | 1.61 Mn | - |
| 10 | Natural Alternatives International | 8.98 Mn | -19.10 Mn | 1.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 31.69% |
| Mar 31, 2023 | 15.79% |
| Sep 30, 2022 | 18.33% |
| Jun 30, 2022 | 20.57% |
API Access
Fortrea Holdings Tax Rate 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=tax-rate&ticker=FTRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();