Fortrea Balance Sheet
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Fortrea financial position
At the end of fiscal 2025, Fortrea reported total assets of $2.72 billion, down 24.1% from a year earlier against total liabilities of $2.15 billion. Shareholders' equity stood at $563.5 million, or 20.7% of assets. The company held $174.6 million in cash and equivalents against $1.05 billion of debt, a net debt position of $878.2 million.
The current ratio (current assets divided by current liabilities) was 0.98, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.87.
Summary generated from market data by MetaCap's automated system. Methodology
Fortrea balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 |
|---|---|---|---|---|---|
| Cash & Equivalents | 174.60M | 118.50M | 108.60M | 112.00M | 94.60M |
| Total Current Assets | 897.20M | 948.20M | 1.25B | 1.25B | — |
| Property, Plant & Equipment | — | — | — | 164.90M | — |
| Goodwill | 960.00M | 1.71B | 1.74B | 1.71B | 2.08B |
| Intangible Assets | 622.00M | 655.70M | 728.10M | 823.30M | — |
| Total Assets | 2.72B | 3.58B | 4.33B | 4.29B | — |
| Accounts Payable | 29.70M | 138.20M | 132.90M | 81.50M | — |
| Short-Term Debt | 4.80M | 74.80M | 26.10M | 0 | — |
| Total Current Liabilities | 913.30M | 949.50M | 778.40M | 699.00M | — |
| Long-Term Debt | 1.05B | 1.05B | 1.57B | 0 | — |
| Total Liabilities | 2.15B | 2.22B | 2.62B | 945.30M | — |
| Shareholders' Equity | 563.50M | 1.36B | 1.71B | 3.34B | 3.26B |
| Retained Earnings | -1.38B | -397.00M | -68.50M | 0 | — |
| Total Debt | 1.05B | 1.12B | 1.59B | 0 | — |
| Net Cash (Debt) | -878.20M | -1.01B | -1.48B | 112.00M | 94.60M |
| Shares Outstanding | 93.10M | 89.70M | 88.80M | 0 | — |
This table shows 5 annual periods of Fortrea's balance sheet, from FY 2025 back to FY 2021, across 16 line items including cash & equivalents, total current assets, property, plant & equipment. Values in USD; B = billions, M = millions. Fiscal periods follow FTRE's reporting calendar. What is a balance sheet?