Fortrea Holdings Inc. (FTRE) — Cash Flow Quality Index

Latest as of June 2023: 4.87x

Fortrea Holdings Inc. (FTRE) has a Cash Flow Quality Index of 4.87x as of June 2023. Operating cash flow of $150.10 Million exceeds net income of $30.80 Million, indicating high earnings quality where cash backs reported profits. Explore FTRE operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.87x
Operating CF / Net Income

Operating Cash Flow

$150.10 Million
USD

Net Income

$30.80 Million
USD

Data as of

Jun 2023
Most recent filing

Fortrea Holdings Inc. Cash Flow Quality Index (2021–2022)

Historical Cash Flow Quality Index for Fortrea Holdings Inc. across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Fortrea Holdings Inc. cash conversion from operations.

Annual Cash Flow Quality Index for Fortrea Holdings Inc. (2021–2022)

Year-by-year earnings quality comparison for Fortrea Holdings Inc..

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 0.44x $82.70 Million $186.20 Million ▼ -74.4%
2021 1.73x $169.80 Million $98.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.