Company Fortrea Holdings Inc.

Equities

FTRE

US34965K1079

Biotechnology & Medical Research

Real-time Estimate Cboe BZX 14:14:01 2024-05-24 EDT 5-day change 1st Jan Change
25.66 USD -0.14% Intraday chart for Fortrea Holdings Inc. -6.46% -26.16%

Business Summary

Fortrea Holdings Inc. is a global contract research organization (CRO). The Company is providing clinical development, patient access solutions and consulting to the life sciences industry. The Company provides phase I through IV clinical trial management, clinical pharmacology, differentiated technology-enabled trial solutions and post-approval services. The Company operates through two segments: Clinical Services and Enabling Services. The Clinical Services segment offers solutions to the market that include clinical pharmacology and comprehensive clinical development capabilities. Its Enabling Services segment provides patient access and technology solutions that can be deployed as a standalone offering or across its global solutions depending on the scope of its customers’ needs. The Company offers its customers with clinical trial solutions through three delivery models: Full Service, Functional Service Provider, and Hybrid.

Number of employees: 17,730

Sales per Business

USD in Million2022Weight2023Weight Delta
Clinical Services
91.3 %
2,825 91.3 % 2,840 91.3 % +0.50%
Enabling Services
8.7 %
271 8.7 % 270 8.7 % -0.44%

Sales per region

USD in Million2022Weight2023Weight Delta
North America
53.5 %
1,673 54.0 % 1,664 53.5 % -0.54%
Europe
26.6 %
842 27.2 % 828 26.6 % -1.71%
Other
19.9 %
582 18.8 % 618 19.9 % +6.24%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 89,400,000 89,282,131 ( 99.87 %) 0 99.87 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
16.62 %
14,854,021 16.62 % 540 M $
Vanguard Fiduciary Trust Co.
11.09 %
9,913,921 11.09 % 360 M $
Sessa Capital IM LP
7.131 %
6,375,000 7.131 % 232 M $
Starboard Value LP
6.864 %
6,136,000 6.864 % 223 M $
Starboard Value LP
5.931 %
5,302,000 5.931 % 193 M $
Boston Partners Global Investors, Inc.
4.406 %
3,938,584 4.406 % 143 M $
3,138,805 3.511 % 114 M $
AllianceBernstein LP
3.449 %
3,083,666 3.449 % 112 M $
Gates Capital Management, Inc.
2.653 %
2,371,628 2.653 % 86 M $
Beck, Mack & Oliver LLC
2.649 %
2,368,212 2.649 % 86 M $

Company contact information

Fortrea Holdings, Inc.

8 Moore Drive

27709, Durham

+877 495 0816

http://fortrea.com/
address Fortrea Holdings Inc.(FTRE)
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