Fortrea Holdings Inc. (FTRE)
Return on total capital
| Dec 31, 2023 | ||
|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 94,300 |
| Long-term debt | US$ in thousands | 1,565,900 |
| Total stockholders’ equity | US$ in thousands | 1,738,800 |
| Return on total capital | 2.85% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $94,300K ÷ ($1,565,900K + $1,738,800K)
= 2.85%
Peer comparison
Dec 31, 2023
Company name
Symbol
Return on total capital
Fortrea Holdings Inc.
FTRE
2.85%
Fulgent Genetics Inc
FLGT
-17.17%
Laboratory Corporation of America Holdings
LH
6.76%
Quest Diagnostics Incorporated
DGX
11.80%
RadNet Inc
RDNT
6.84%