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. Also explore how large is Fortrea Holdings Inc.'s balance sheet for the complete picture of this company's asset base.

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. Check Fortrea Holdings Inc. (FTRE) tangible net worth to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Fortrea Holdings Inc.. For live market cap and the full company financial profile, see FTRE company net worth.

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.