FTRE FY 2022 Earnings — Fortrea Holdings Inc. Revenue & Financial Results | Market Cap Arena

FTREFortrea Holdings Inc.

$851M

FY 2022 Earnings

Healthcare Biotechnology

Income Statement

Revenue

$2.8B-7.2% YoY

Gross Profit

$724M25.5% margin

Operating Income

$187M6.6% margin

Net Income

$186M6.6% margin

EPS (Diluted)

$2.11

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$28M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$945M

Stockholders' Equity

$3.3B

Cash & Equivalents

$112M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$3.1B	-7.2%
Gross Profit	$724M	$604M	+19.9%
Operating Income	$187M	$114M	+63.7%
Net Income	$186M	$98M	+90.0%