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Daily valuation snapshot
Fortrea Holdings Inc. Common Stock: source evidence dated 2026-10-09.
- Daily close (USD)
- $20.84
- Market capitalization (USD)
- $1,981,884,000
- Price / earnings (TTM)
- Not reported
- Price / book
- 3.78
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Company overview
Fortrea Holdings Inc., a contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide. It offers clinical services that provides development and consulting services to clinical pharmacology and clinical development spectrum. The company also offers delivery models that include full service, functional service provider, and hybrid service structures. In addition, it delivers phase I " IV clinical trial management, clinical pharmacology, and consulting services. Fortrea Holdings Inc. enters into a strategic collaboration with Emery Pharma to provide rapid lot-by-lot, 1-methyl-4-nitrosopiperazine (MNP) testing of rifampin, the preferred drug for drug-drug interaction studies, to certify impurities are below the Acceptable Intake Limit set by U.S. Food and Drug Administration guidelines. Fortrea Holdings Inc. was incorporated in 2023 and is headquartered in Durham, North Carolina.
Daily valuation snapshot
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These values come from the daily market snapshot dated 2026-10-09. TTM means trailing twelve months. Use the market date when comparing FTRE with another company.
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| Daily close (USD) | $20.84 |
| Market capitalization (USD) | $1,981,884,000 |
| Price / earnings (TTM) | Not reported |
| Price / book | 3.78 |
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Company size
Fortrea Holdings Inc. Common Stock's recorded market capitalization is $1,981,884,000. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
P/E compares share price with trailing annual earnings per share. For a company with losses, inspect the earnings figures directly rather than treating a negative multiple as a cheap valuation.
Price relative to book equity
FTRE's recorded price-to-book ratio is 3.78. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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