Fortrea Holdings Inc (FTRE)
23.15
-0.78
(-3.26%)
USD |
NASDAQ |
Jun 21, 16:00
23.16
+0.01
(+0.04%)
Pre-Market: 20:00
Fortrea Holdings Profit Margin (Quarterly): -15.25% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | -15.25% |
| December 31, 2023 | -4.64% |
| September 30, 2023 | -1.69% |
| June 30, 2023 | 3.57% |
| March 31, 2023 | 1.80% |
| Date | Value |
|---|---|
| December 31, 2022 | 4.38% |
| September 30, 2022 | 7.95% |
| June 30, 2022 | 8.37% |
| March 31, 2022 | 4.17% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-15.25%
Minimum
Mar 2024
8.37%
Maximum
Jun 2022
0.96%
Average
3.57%
Median
Jun 2023
Profit Margin (Quarterly) Benchmarks
| Incyte Corp | 19.25% |
| Walgreens Boots Alliance Inc | -15.95% |
| Legend Biotech Corp | -63.62% |
| CareCloud Inc | -0.93% |
| Maravai LifeSciences Holdings Inc | -18.82% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | -7.10% |
| Return on Assets | -2.82% |
| Return on Invested Capital | -3.67% |
| Gross Profit Margin (Quarterly) | 16.30% |
| Operating Margin (Quarterly) | -5.15% |
| Return on Net Operating Assets | -3.08% |