Fortrea Holdings Inc. (FTRE)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -161,900 | 45,800 |
| Long-term debt | US$ in thousands | 1,049,700 | 1,565,900 |
| Total stockholders’ equity | US$ in thousands | 1,362,400 | 1,714,100 |
| Return on total capital | -6.71% | 1.40% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-161,900K ÷ ($1,049,700K + $1,362,400K)
= -6.71%
Peer comparison
Dec 31, 2024
Company name
Symbol
Return on total capital
Fortrea Holdings Inc.
FTRE
-6.71%
Fulgent Genetics Inc
FLGT
-17.17%
Laboratory Corporation of America Holdings
LH
8.72%
Quest Diagnostics Incorporated
DGX
11.80%
RadNet Inc
RDNT
5.52%