F

Fortrea Holdings Inc
NASDAQ:FTRE

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Fortrea Holdings Inc
NASDAQ:FTRE
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Price: 19.36 USD 0.99% Market Closed
Market Cap: 1.7B USD
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Fortrea Holdings Inc
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Fortrea Holdings Inc
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
F
Fortrea Holdings Inc
NASDAQ:FTRE
Net Income (Common)
-$3.4m
CAGR 3-Years
79%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Thermo Fisher Scientific Inc
NYSE:TMO
Net Income (Common)
$6.1B
CAGR 3-Years
-11%
CAGR 5-Years
11%
CAGR 10-Years
14%
Danaher Corp
NYSE:DHR
Net Income (Common)
$3.9B
CAGR 3-Years
-12%
CAGR 5-Years
10%
CAGR 10-Years
4%
Mettler-Toledo International Inc
NYSE:MTD
Net Income (Common)
$795.6m
CAGR 3-Years
2%
CAGR 5-Years
8%
CAGR 10-Years
9%
Agilent Technologies Inc
NYSE:A
Net Income (Common)
$1.3B
CAGR 3-Years
2%
CAGR 5-Years
4%
CAGR 10-Years
9%
IQVIA Holdings Inc
NYSE:IQV
Net Income (Common)
$1.4B
CAGR 3-Years
22%
CAGR 5-Years
42%
CAGR 10-Years
15%
No Stocks Found

Fortrea Holdings Inc
Glance View

Market Cap
1.7B USD
Industry
Life Sciences Tools & Services

Fortrea Holdings Inc. operates in the dynamic sphere of Contract Research Organizations (CRO), carving out a niche in the healthcare and biopharmaceutical industries by providing essential services to companies looking to bring new medicinal products and treatments to market. At its core, Fortrea specializes in conducting clinical trials, integrating advanced data analytics, and ensuring regulatory compliance, vital for pharmaceutical firms that often lack the infrastructure to manage these complex processes internally. By offering an array of services—from initial research design through to the final stages of clinical trials—Fortrea positions itself as a critical partner in the drug development lifecycle. This includes preclinical, clinical, and post-approval phases, ensuring that the medicines undergoing testing meet stringent safety and efficacy standards, which is a significant challenge in today's growing demand for faster time-to-market in healthcare innovation. What sets Fortrea apart from many in its industry is its strategic approach to integrating technology with clinical research, leveraging data-driven insights to streamline processes and improve the accuracy of research outcomes. The company generates revenue by entering into contracts with pharmaceutical and biotechnology companies, charging fees for specific research and trial services. Fortrea’s ability to provide tailored solutions that encompass the breadth of clinical services—from design and optimization of clinical studies to statistical analysis and project management—ensures consistent demand for its offerings. In a world where pharmaceutical innovation dictates market share and competitiveness, Fortrea's role in enabling breakthroughs in medical treatments positions it as a cornerstone of the healthcare research community, driving both its relevance and profitability.

FTRE Intrinsic Value
35.3 USD
Undervaluation 45%
Intrinsic Value
Price
F

See Also

What is Fortrea Holdings Inc's Net Income (Common)?
Net Income (Common)
-3.4m USD

Based on the financial report for Dec 31, 2023, Fortrea Holdings Inc's Net Income (Common) amounts to -3.4m USD.

What is Fortrea Holdings Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 3Y
79%

The average annual Net Income (Common) growth rates for Fortrea Holdings Inc have been 79% over the past three years .

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