Fortrea Holdings (FTRE) Tax Rate (2022 - 2026)

Fortrea Holdings' (FTRE) quarterly Tax Rate came in at 1000.0% in Q2 2026, down 99887.0% YoY from N/an in Q2 2025, and down 988.5% on a QoQ basis from 91.87% in Q1 2026.

Fortrea Holdings (FTRE) Tax Rate (2022 - 2026) Analysis & Trends

Fortrea Holdings (FTRE) has 5 years of Tax Rate data on file, last reported at 1000.0% in Q2 2026.

  • Quarterly Tax Rate fell 99887.0% year-over-year to 1000.0% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.51% (down 943.0% YoY) and the FY2025 annual result came in at 0.33%, down 160.0% from the prior year.
  • Tax Rate slipped to 1000.0% in Q2 2026, from 91.87% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 48.32% in Q3 2024 to a low of 1000.0% in Q2 2026.
  • A 5-year average of 55.89% and a median of 8.71% 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 sank 99887 bps.
  • Tracing FTRE's Tax Rate over 5 years: 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 11584 bps to 1000.0% in 2026.
  • The last three Tax Rate figures came in at 1000.0% (Q2 2026), 91.87% (Q1 2026), and 8.71% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 Fortrea Holdings 1.66 Bn 1.49 Bn 139.20 Mn -1,000.00%

Historic Data

Download Data
DateValue
Jun 30, 2026 -1,000.00%
Jun 30, 2026 -1,000.00%
Jun 30, 2026 -1,000.00%
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%