Fortrea Holdings (MEX:FTRE1) Tax Provision: MXN-123 Mil (TTM As of Jun. 2026)

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MEX:FTRE1 Fortrea Holdings Inc MEX:FTRE1
63 GF Score
Price MXN435.30
GF Value MXN386.03
! 8 Warning Signs
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What is Fortrea Holdings Tax Provision?

Fortrea Holdings MEX:FTRE1 63 Tax Provision is MXN-123 Mil as of Jun. 2026. GuruFocus rates MEX:FTRE1 with a GF Score™ of 63/100 and a GF Value™ of MXN386.03. The stock has 8 warning signs investors should review.

Fortrea Holdings's tax provision for the three months ended in Jun. 2026 was MXN-209 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was MXN-123 Mil.

Fortrea Holdings Tax Provision Historical Data

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The historical data trend for Fortrea Holdings's Tax Provision 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 Tax Provision Chart

Fortrea Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial -787.74 -801.29 -20.37 73.00 -57.62

Fortrea Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Provision 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 -79.08 234.81 55.82 -203.77 -209.39
MEX:FTRE1
63GF Score
Fortrea Holdings Inc MEX:FTRE1
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortrea Holdings Tax Provision Calculation

Tax to be paid.

Tax Provision 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 MXN-123 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of MXN-123 Mil mean?
Fortrea Holdings (MEX:FTRE1) has a Tax Provision of MXN-123 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Fortrea Holdings and its competitors.
Is Fortrea Holdings' Tax Provision too high?
Fortrea Holdings' current Tax Provision is MXN-123 Mil. Overall, Fortrea Holdings has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Fortrea Holdings' Tax Provision compare to SNDX and KARD?
Fortrea Holdings' Tax Provision of MXN-123 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Biotechnology company?
A good Tax Provision depends on the Biotechnology industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Fortrea Holdings and its competitors. Fortrea Holdings's current Tax Provision is MXN-123 Mil. 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?
Fortrea Holdings (MEX:FTRE1) has a current Tax Provision of MXN-123 Mil. The stock's GF Value™ is MXN386.03, compared to a current price of MXN435.30 — trading 12.8% above its estimated fair value. The current Tax Provision is MXN-123 Mil. Fortrea Holdings' overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Fortrea Holdings (MEX:FTRE1), the current Tax Provision is MXN-123 Mil 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 (MEX:FTRE1) Overvalued in 2026?

Based on GuruFocus' analysis, Fortrea Holdings stock appears to be overvalued. The current stock price of MXN435.30 is trading 12.8% above its estimated GF Value™ of MXN386.03.

Key valuation signals for MEX:FTRE1:

  • Tax Provision: MXN-123 Mil
  • GF Value™: MXN386.03 vs. price of MXN435.30 (12.8% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the MEX:FTRE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortrea Holdings Business Description

Other Exchanges FTRE:USAK67: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.
63GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN435.30
Price
MXN386.03
GF Value