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Side-by-side financial comparison of Bloomin' Brands, Inc. (BLMN) and Fortrea Holdings Inc. (FTRE). Click either name above to swap in a different company.

Bloomin' Brands, Inc. is the larger business by last-quarter revenue ($975.2M vs $660.5M, roughly 1.5× Fortrea Holdings Inc.). Bloomin' Brands, Inc. runs the higher net margin — -1.4% vs -4.9%, a 3.5% gap on every dollar of revenue. On growth, Bloomin' Brands, Inc. posted the faster year-over-year revenue change (0.3% vs -5.2%). Fortrea Holdings Inc. produced more free cash flow last quarter ($121.6M vs $63.7M). Over the past eight quarters, Fortrea Holdings Inc.'s revenue compounded faster (-0.1% CAGR vs -4.5%).

Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered.

Fortrea Holdings Inc. is an American contract research organization organized in Delaware and headquartered in Durham, North Carolina with operations in 90 countries. Its customers are primarily in the pharmaceutical, biotechnology, and medical device industries.

BLMN vs FTRE — Head-to-Head

Bigger by revenue
BLMN
BLMN
1.5× larger
BLMN
$975.2M
$660.5M
FTRE
Growing faster (revenue YoY)
BLMN
BLMN
+5.6% gap
BLMN
0.3%
-5.2%
FTRE
Higher net margin
BLMN
BLMN
3.5% more per $
BLMN
-1.4%
-4.9%
FTRE
More free cash flow
FTRE
FTRE
$57.9M more FCF
FTRE
$121.6M
$63.7M
BLMN
Faster 2-yr revenue CAGR
FTRE
FTRE
Annualised
FTRE
-0.1%
-4.5%
BLMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLMN
BLMN
FTRE
FTRE
Revenue
$975.2M
$660.5M
Net Profit
$-13.5M
$-32.5M
Gross Margin
70.2%
Operating Margin
-1.4%
-2.1%
Net Margin
-1.4%
-4.9%
Revenue YoY
0.3%
-5.2%
Net Profit YoY
83.0%
46.9%
EPS (diluted)
$-0.16
$-0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLMN
BLMN
FTRE
FTRE
Q4 25
$975.2M
$660.5M
Q3 25
$928.8M
$701.3M
Q2 25
$1.0B
$710.3M
Q1 25
$1.0B
$651.3M
Q4 24
$972.0M
$697.0M
Q3 24
$910.0M
$674.9M
Q2 24
$999.4M
$662.4M
Q1 24
$1.1B
$662.1M
Net Profit
BLMN
BLMN
FTRE
FTRE
Q4 25
$-13.5M
$-32.5M
Q3 25
$-45.9M
$-15.9M
Q2 25
$25.4M
$-374.9M
Q1 25
$42.2M
$-562.9M
Q4 24
$-79.5M
$-61.2M
Q3 24
$6.9M
$-27.9M
Q2 24
$28.4M
$-138.4M
Q1 24
$-83.9M
$-101.0M
Gross Margin
BLMN
BLMN
FTRE
FTRE
Q4 25
70.2%
Q3 25
70.4%
Q2 25
70.2%
Q1 25
70.1%
Q4 24
71.6%
Q3 24
71.3%
Q2 24
70.5%
Q1 24
70.5%
Operating Margin
BLMN
BLMN
FTRE
FTRE
Q4 25
-1.4%
-2.1%
Q3 25
-3.9%
-1.2%
Q2 25
3.0%
-46.5%
Q1 25
5.5%
-79.9%
Q4 24
1.7%
-8.0%
Q3 24
0.9%
-2.7%
Q2 24
4.4%
-7.7%
Q1 24
6.6%
-5.6%
Net Margin
BLMN
BLMN
FTRE
FTRE
Q4 25
-1.4%
-4.9%
Q3 25
-4.9%
-2.3%
Q2 25
2.5%
-52.8%
Q1 25
4.0%
-86.4%
Q4 24
-8.2%
-8.8%
Q3 24
0.8%
-4.1%
Q2 24
2.8%
-20.9%
Q1 24
-7.8%
-15.3%
EPS (diluted)
BLMN
BLMN
FTRE
FTRE
Q4 25
$-0.16
$-0.25
Q3 25
$-0.54
$-0.17
Q2 25
$0.30
$-4.14
Q1 25
$0.50
$-6.25
Q4 24
$-0.93
$-0.68
Q3 24
$0.08
$-0.31
Q2 24
$0.32
$-1.55
Q1 24
$-0.96
$-1.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLMN
BLMN
FTRE
FTRE
Cash + ST InvestmentsLiquidity on hand
$59.5M
$174.6M
Total DebtLower is stronger
$787.4M
Stockholders' EquityBook value
$333.6M
$563.5M
Total Assets
$3.2B
$2.7B
Debt / EquityLower = less leverage
2.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLMN
BLMN
FTRE
FTRE
Q4 25
$59.5M
$174.6M
Q3 25
$66.5M
$131.3M
Q2 25
$50.3M
$81.2M
Q1 25
$57.7M
$101.6M
Q4 24
$70.1M
$118.5M
Q3 24
$83.6M
$105.3M
Q2 24
$117.9M
$126.2M
Q1 24
$131.7M
$92.8M
Total Debt
BLMN
BLMN
FTRE
FTRE
Q4 25
$787.4M
Q3 25
$962.2M
Q2 25
$917.1M
Q1 25
$917.6M
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$951.8M
Stockholders' Equity
BLMN
BLMN
FTRE
FTRE
Q4 25
$333.6M
$563.5M
Q3 25
$344.1M
$580.8M
Q2 25
$397.2M
$589.2M
Q1 25
$380.6M
$858.8M
Q4 24
$135.5M
$1.4B
Q3 24
$242.1M
$1.5B
Q2 24
$286.8M
$1.5B
Q1 24
$302.7M
$1.6B
Total Assets
BLMN
BLMN
FTRE
FTRE
Q4 25
$3.2B
$2.7B
Q3 25
$3.3B
$2.7B
Q2 25
$3.3B
$2.8B
Q1 25
$3.3B
$3.1B
Q4 24
$3.4B
$3.6B
Q3 24
$3.4B
$3.7B
Q2 24
$3.4B
$3.6B
Q1 24
$3.4B
$4.2B
Debt / Equity
BLMN
BLMN
FTRE
FTRE
Q4 25
2.36×
Q3 25
2.80×
Q2 25
2.31×
Q1 25
2.41×
Q4 24
7.58×
Q3 24
4.51×
Q2 24
3.49×
Q1 24
3.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLMN
BLMN
FTRE
FTRE
Operating Cash FlowLast quarter
$119.1M
$129.1M
Free Cash FlowOCF − Capex
$63.7M
$121.6M
FCF MarginFCF / Revenue
6.5%
18.4%
Capex IntensityCapex / Revenue
5.7%
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$96.8M
$88.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLMN
BLMN
FTRE
FTRE
Q4 25
$119.1M
$129.1M
Q3 25
$34.4M
$86.8M
Q2 25
$49.7M
$21.8M
Q1 25
$73.5M
$-124.2M
Q4 24
$119.8M
$17.1M
Q3 24
$-7.8M
$-2.4M
Q2 24
$42.4M
$273.7M
Q1 24
$73.8M
$-25.6M
Free Cash Flow
BLMN
BLMN
FTRE
FTRE
Q4 25
$63.7M
$121.6M
Q3 25
$-5.7M
$79.5M
Q2 25
$11.1M
$14.3M
Q1 25
$27.7M
$-127.1M
Q4 24
$66.7M
$13.9M
Q3 24
$-67.3M
$-10.6M
Q2 24
$-12.1M
$262.5M
Q1 24
$20.0M
$-34.9M
FCF Margin
BLMN
BLMN
FTRE
FTRE
Q4 25
6.5%
18.4%
Q3 25
-0.6%
11.3%
Q2 25
1.1%
2.0%
Q1 25
2.6%
-19.5%
Q4 24
6.9%
2.0%
Q3 24
-7.4%
-1.6%
Q2 24
-1.2%
39.6%
Q1 24
1.9%
-5.3%
Capex Intensity
BLMN
BLMN
FTRE
FTRE
Q4 25
5.7%
1.1%
Q3 25
4.3%
1.0%
Q2 25
3.8%
1.1%
Q1 25
4.4%
0.4%
Q4 24
5.5%
0.5%
Q3 24
6.5%
1.2%
Q2 24
5.5%
1.7%
Q1 24
5.0%
1.4%
Cash Conversion
BLMN
BLMN
FTRE
FTRE
Q4 25
Q3 25
Q2 25
1.95×
Q1 25
1.74×
Q4 24
Q3 24
-1.13×
Q2 24
1.49×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLMN
BLMN

Food And Beverage$958.0M98%
Franchiseand Other Revenue$17.2M2%
International Franchise Segment$7.8M1%

FTRE
FTRE

Segment breakdown not available.

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