Company Fortrea Holdings Inc.

Equities

FTRE

US34965K1079

Biotechnology & Medical Research

Market Closed - Nasdaq 04:00:00 2024-06-05 pm EDT 5-day change 1st Jan Change
27.35 USD +9.97% Intraday chart for Fortrea Holdings Inc. +10.68% -21.63%

Business Summary

Fortrea Holdings Inc. is a global contract research organization (CRO), which provides clinical development solutions to the life sciences industry. The Company is engaged in providing biopharmaceutical product and medical device development services to pharmaceutical, biotechnology and medical device customers. The Company offers customers flexible delivery models that include full service, functional service provider, and hybrid service structures. It provides phase I-IV clinical trial management, clinical pharmacology and consulting services. The Company manages its business through a single segment, Clinical Services, that provides services across the clinical pharmacology and clinical development spectrum. The Company has access to all key markets worldwide through a footprint of primary office locations in five countries (the United States, the United Kingdom, China, India and Singapore) with field operations in other jurisdictions worldwide.

Number of employees: 16,000

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 $
Starboard Value LP
8.496 %
7,595,000 8.496 % 276 M $
Sessa Capital IM LP
7.131 %
6,375,000 7.131 % 232 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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