FTRE FY 2024 Earnings — Fortrea Holdings Inc. Revenue & Financial Results | Market Cap Arena

FTREFortrea Holdings Inc.

$851M

FY 2024 Earnings

Healthcare Biotechnology

Income Statement

Revenue

$2.7B-5.1% YoY

Gross Profit

$534M19.8% margin

Operating Income

-$162M-6.0% margin

Net Income

-$329M-12.2% margin

EPS (Diluted)

$-3.67

Cash Flow

Operating Cash Flow

$263M

Free Cash Flow

$237M

Stock-Based Comp.

$58M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.2B

Stockholders' Equity

$1.4B

Cash & Equivalents

$119M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.8B	-5.1%
Gross Profit	$534M	$591M	-9.5%
Operating Income	-$162M	$32M	-605.9%
Net Income	-$329M	-$25M	-1203.6%