Fortrea Holdings Inc. (FTRE)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024
Net income (ttm) US$ in thousands -328,500 -303,300 -289,400 -120,200
Revenue (ttm) US$ in thousands 2,646,300 2,690,400 2,756,600 2,905,600
Net profit margin -12.41% -11.27% -10.50% -4.14%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-328,500K ÷ $2,646,300K
= -12.41%

The net profit margin of Fortrea Holdings Inc. has shown a consistent downward trend over the four quarters of the fiscal year 2024, starting at -4.14% in March and decreasing to -12.41% by December. This indicates that the company's profitability relative to its revenue has been diminishing. The declining trend suggests that Fortrea Holdings Inc. may be experiencing challenges in controlling its costs and expenses in relation to its net sales. It is essential for the company to closely monitor its cost structures and seek ways to improve operational efficiency in order to enhance its profitability in the future.