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Fortrea Holdings Inc. (FTRE)

Fortrea Holdings Inc. (FTRE)

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Balance Sheets Overview

Current Ratio
95.84%
Quick Ratio
95.84%
Cash Ratio
17.50%
Debt to Asset Ratio
80.69%
Unit: Thousand (K) dollars
Assets Breakdown
    • Goodwill, net
    • Intangible assets, net
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Unearned revenue
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
168,600
147,500
174,600
131,300
Accounts receivable and unbilled services, net
654,400
619,600
589,700
663,200
Prepaid expenses and other
100,600
114,400
132,900
124,000
Total current assets
923,600
881,500
897,200
918,500
Property, plant and equipment, net
156,200
157,100
149,500
147,600
Goodwill, net
950,300
950,800
960,000
958,100
Intangible assets, net
586,800
601,700
622,000
635,400
Deferred income taxes
6,200
6,200
6,200
8,300
Other assets, net
91,800
86,100
80,800
74,200
Total assets
2,714,900
2,683,400
2,715,700
2,742,100
Accounts payable
54,200
70,800
29,700
49,500
Accrued expenses and other current liabilities
380,800
357,300
395,800
369,600
Unearned revenue
502,700
481,300
473,800
411,600
Current portion of long-term debt
17,100
10,900
4,800
74,500
Short-term operating lease liabilities
8,900
8,800
9,200
9,200
Total current liabilities
963,700
929,100
913,300
914,400
Long-term debt, less current portion
1,037,200
1,042,600
1,048,000
1,052,100
Operating lease liabilities
54,300
55,700
54,000
51,500
Deferred income taxes and other tax liabilities
97,000
92,300
97,600
106,900
Other liabilities
38,500
37,800
39,300
36,400
Total liabilities
2,190,700
2,157,500
2,152,200
2,161,300
Common stock, 95.1 and 93.1 shares outstanding at june30, 2026 and december31, 2025, respectively
100
100
100
100
Additional paid-in capital
2,140,600
2,128,000
2,116,600
2,101,800
Accumulated deficit
-1,420,000
-1,406,800
-1,383,200
-1,350,700
Accumulated other comprehensive loss
-196,500
-195,400
-170,000
-170,400
Total equity
524,200
525,900
563,500
580,800
Total liabilities and equity
2,714,900
2,683,400
2,715,700
2,742,100
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Accounts receivable andunbilled services, net$654,400K (-11.47%↓ Y/Y)Cash and cashequivalents$168,600K (107.64%↑ Y/Y)Prepaid expenses andother$100,600K (-27.94%↓ Y/Y)Goodwill, net$950,300K (-1.54%↓ Y/Y)Total current assets$923,600K (-3.79%↓ Y/Y)Intangible assets, net$586,800K (-10.32%↓ Y/Y)Property, plant andequipment, net$156,200K (5.04%↑ Y/Y)Other assets, net$91,800K (-9.38%↓ Y/Y)Deferred income taxes$6,200K (10.71%↑ Y/Y)Total assets$2,714,900K (-4.24%↓ Y/Y)Total liabilities andequity$2,714,900K (-4.24%↓ Y/Y)Total liabilities$2,190,700K (-2.46%↓ Y/Y)Total equity$524,200K (-11.03%↓ Y/Y)Accumulated deficit-$1,420,000K (-6.38%↓ Y/Y)Accumulated othercomprehensive loss-$196,500K (-26.29%↓ Y/Y)Long-term debt, lesscurrent portion$1,037,200K (-5.79%↓ Y/Y)Total currentliabilities$963,700K (2.27%↑ Y/Y)Deferred income taxes andother tax liabilities$97,000K (-14.01%↓ Y/Y)Operating leaseliabilities$54,300K (2.65%↑ Y/Y)Other liabilities$38,500K (4.05%↑ Y/Y)Additional paid-in capital$2,140,600K (2.94%↑ Y/Y)Common stock, 95.1 and93.1 shares...$100K (0.00%↑ Y/Y)Unearned revenue$502,700K (31.70%↑ Y/Y)Accrued expenses andother current...$380,800K (0.00%↑ Y/Y)Accounts payable$54,200K (-41.47%↓ Y/Y)Current portion oflong-term debt$17,100K (-77.14%↓ Y/Y)Short-term operating leaseliabilities$8,900K (-28.23%↓ Y/Y)