Fortrea Holdings (FTRE) Tax Rate (2022 - 2026)
Fortrea Holdings (FTRE) posted Tax Rate of 91.87% for Q1 2026, down 1155.02% on a QoQ basis from 8.71% in Q4 2025, and down 8915.0% year-over-year from 1.04% in Q1 2025.
Fortrea Holdings (FTRE) Tax Rate (2022 - 2026) Analysis & Trends
Fortrea Holdings' Tax Rate history runs 5 years deep, the most recent figure standing at 91.87% for Q1 2026.
- Quarterly Tax Rate fell 8915.0% year-over-year to 91.87% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.09% (up 107.0% YoY) and the FY2025 annual result came in at 0.33%, down 160.0% from the prior year.
- Tax Rate was 91.87% for Q1 2026 at Fortrea Holdings, down from 8.71% in the prior quarter.
- Across five years, Tax Rate topped out at 48.32% in Q3 2024 and bottomed at 91.87% in Q1 2026.
- A 5-year average of 3.12% and a median of 9.93% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate surged 7501 bps — and 2026, when it tumbled 8915 bps.
- Fortrea Holdings' Tax Rate stood at 63.86% in 2022, then soared by 117 bps to 11.15% in 2023, then plunged by 88 bps to 1.34% in 2024, then jumped by 552 bps to 8.71% in 2025, then slumped by 1155 bps to 91.87% in 2026.
- Business Quant data shows FTRE's Tax Rate at 91.87% in Q1 2026, 8.71% in Q4 2025, and 44.6% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -0.34% |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 12.29% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -5.41% |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 17.68% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 12.51% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 33.09% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Fortrea Holdings | 1.83 Bn | 1.68 Bn | 123.60 Mn | -91.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -91.87% |
| Mar 31, 2026 | -91.87% |
| Mar 31, 2026 | -91.87% |
| Dec 31, 2025 | 8.71% |
| Dec 31, 2025 | 8.71% |
| Dec 31, 2025 | 8.71% |
| Sep 30, 2025 | 44.60% |
| Sep 30, 2025 | 44.60% |
| Sep 30, 2025 | 44.60% |
| Jun 30, 2025 | -1.13% |
| Jun 30, 2025 | -1.13% |
| Jun 30, 2025 | -1.13% |
| Mar 31, 2025 | -2.72% |
| Mar 31, 2025 | -2.72% |
| Mar 31, 2025 | -2.72% |
| Dec 31, 2024 | 1.34% |
| Dec 31, 2024 | 1.34% |
| Dec 31, 2024 | 1.34% |
| Sep 30, 2024 | 48.32% |
| Sep 30, 2024 | 48.32% |