Fortrea
FTRE
#4542
Rank
$1.77 B
Marketcap
$19.84
Share price
0.20%
Change (1 day)
-30.77%
Change (1 year)

Operating Margin for Fortrea (FTRE)

Operating Margin as of September 2024 (TTM): -2.59%

According to Fortrea's latest financial reports and stock price the company's current Operating Margin is -2.59%. At the end of 2023 the company had an Operating Margin of 0.04%.

Operating Margin history for Fortrea from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20230.04%-99.54%
20227.65%71.59%
20214.46%-134.65%
2020-12.87%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.