FTRE (Fortrea Holdings) Tax Rate %: -91.87% (As of Mar. 2026)

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FTRE Fortrea Holdings Inc FTRE
64 GF Score
Price $17.76
GF Value $18.19
Valuation Fairly Valued
! 7 Warning Signs
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What is Fortrea Holdings Tax Rate %?

Fortrea Holdings FTRE -0.95% 64 Tax Rate % is -91.87% as of Mar. 2026. GuruFocus rates FTRE with a GF Score™ of 64/100 and a GF Value™ of $18.19 (Fairly Valued). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fortrea Holdings's Tax Expense for the three months ended in Mar. 2026 was $11 Mil. Fortrea Holdings's Pre-Tax Income for the three months ended in Mar. 2026 was $-12 Mil. Therefore, Fortrea Holdings's Tax Rate % for the quarter that ended in Mar. 2026 was -91.87%.

Fortrea Holdings Tax Rate % Related Terms

Fortrea Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Fortrea Holdings's Tax Rate % 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 Rate % Chart

Fortrea Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 28.15 21.98 -3.93 1.27 -0.33

Fortrea Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 -2.72 -1.13 44.60 8.71 -91.87
FTRE
64GF Score
Fortrea Holdings Inc FTRE
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortrea Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fortrea Holdings's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=3.2/-983
=-0.33 %

Fortrea Holdings's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=11.3/-12.3
=-91.87 %

* 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 Rate % →
What does a Tax Rate % of -91.87% mean?
Fortrea Holdings (FTRE) has a Tax Rate % of -91.87% as of Mar. 2026.
Is Fortrea Holdings' Tax Rate % too high?
Fortrea Holdings' current Tax Rate % is -91.87%. Overall, Fortrea Holdings has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortrea Holdings' Tax Rate % compare to SEPN and MLTX?
Fortrea Holdings' Tax Rate % of -91.87% 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 Rate % for a Biotechnology company?
A good Tax Rate % depends on the Biotechnology industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Fortrea Holdings's current Tax Rate % is -91.87%. 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 Fairly Valued. The stock's GF Value™ is $18.19, compared to a current price of $17.76 — trading 2.4% below its estimated fair value. The current Tax Rate % is -91.87%. Fortrea Holdings' overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Fortrea Holdings (FTRE), the current Tax Rate % is -91.87% as of Mar. 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 undervalued. The current stock price of $17.76 is trading 2.4% below its estimated GF Value™ of $18.19. GuruFocus considers Fortrea Holdings to be Fairly Valued.

Key valuation signals for FTRE:

  • Tax Rate %: -91.87%
  • GF Value™: $18.19 vs. price of $17.76 (2.4% below fair value)
  • GF Score™: 64/100 with 7 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.
64GF Score

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

$17.76
Price
$18.19
GF Value