FTRE (Fortrea Holdings) Earnings Yield (Joel Greenblatt) %: 0.25% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FTRE Fortrea Holdings Inc FTRE
67 GF Score
Price $19.52
GF Value $16.99
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Fortrea Holdings Earnings Yield (Joel Greenblatt) %?

Fortrea Holdings FTRE +2.82% 67 Earnings Yield (Joel Greenblatt) % is 0.25% as of Jun. 2026. GuruFocus rates FTRE with a GF Score™ of 67/100 and a GF Value™ of $16.99 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,336 Biotechnology companies, Fortrea Holdings ranks better than 79.27% on this metric.

Fortrea Holdings's Enterprise Value for the quarter that ended in Jun. 2026 was $2,604 Mil. Fortrea Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $6 Mil. Fortrea Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 0.25%.

The historical rank and industry rank for Fortrea Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FTRE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -59.29   Med: -4.19   Max: 3.9
Current: 0.23

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Fortrea Holdings was 3.90%. The lowest was -59.29%. And the median was -4.19%.

FTRE's Earnings Yield (Joel Greenblatt) % is ranked better than
79.27% of 1336 companies
in the Biotechnology industry
Industry Median: -10.02 vs FTRE: 0.23

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Fortrea Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Fortrea Holdings  (NAS:FTRE) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Fortrea Holdings Earnings Yield (Joel Greenblatt) % Related Terms


Fortrea Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Fortrea Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortrea Holdings Earnings Yield (Joel Greenblatt) % Chart

Fortrea Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 0.84 -5.49 -34.97

Fortrea Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.48 -50.76 -34.97 -19.31 0.25

FTRE vs SNDX, KARD, OCUL: Earnings Yield (Joel Greenblatt) % Comparison

For the Biotechnology subindustry, Fortrea Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortrea Holdings Earnings Yield (Joel Greenblatt) % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Fortrea Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Fortrea Holdings's Earnings Yield (Joel Greenblatt) % falls into.


FTRE
67GF Score
Fortrea Holdings Inc FTRE
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortrea Holdings Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Fortrea Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-891.6/2547.375
=-35.00 %

Fortrea Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.25% mean?
Fortrea Holdings (FTRE) has a Earnings Yield (Joel Greenblatt) % of 0.25% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Fortrea Holdings and its competitors. According to the industry distribution chart, Fortrea Holdings ranks #277 out of 1336 companies in the Biotechnology industry, placing it in the top 20.7%.
Is Fortrea Holdings' Earnings Yield (Joel Greenblatt) % too high?
Fortrea Holdings' current Earnings Yield (Joel Greenblatt) % is 0.25%. Based on the distribution chart, Fortrea Holdings ranks #277 out of 1336 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Fortrea Holdings has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortrea Holdings' Earnings Yield (Joel Greenblatt) % compare to SNDX and KARD?
According to the Biotechnology industry distribution chart, Fortrea Holdings ranks #277 out of 1336 companies for Earnings Yield (Joel Greenblatt) %. This places Fortrea Holdings in the top 21% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Biotechnology company?
A good Earnings Yield (Joel Greenblatt) % depends on the Biotechnology industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Fortrea Holdings and its competitors. Fortrea Holdings's current Earnings Yield (Joel Greenblatt) % is 0.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortrea Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fortrea Holdings (FTRE) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.99, compared to a current price of $19.52 — trading 14.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.25%. Fortrea Holdings' overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Fortrea Holdings (FTRE), the current Earnings Yield (Joel Greenblatt) % is 0.25% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortrea Holdings (FTRE) Overvalued in 2026?

Based on GuruFocus' analysis, Fortrea Holdings stock appears to be overvalued. The current stock price of $19.52 is trading 14.9% above its estimated GF Value™ of $16.99. GuruFocus considers Fortrea Holdings to be Modestly Overvalued.

Key valuation signals for FTRE:

  • Earnings Yield (Joel Greenblatt) %: 0.25%
  • GF Value™: $16.99 vs. price of $19.52 (14.9% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the FTRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortrea Holdings Business Description

Other Exchanges K67:Germany
Address 8 Moore Drive, Durham, NC, USA, 27713
Fortrea is a global, late-stage contract research organization that provides comprehensive phase 1 through phase 4 clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion.
67GF Score

Get the complete analysis for FTRE

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.52
Price
$16.99
GF Value