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Side-by-side financial comparison of Fortrea Holdings Inc. (FTRE) and CHART INDUSTRIES INC (GTLS). Click either name above to swap in a different company.

CHART INDUSTRIES INC is the larger business by last-quarter revenue ($1.1B vs $660.5M, roughly 1.6× Fortrea Holdings Inc.). CHART INDUSTRIES INC runs the higher net margin — 5.0% vs -4.9%, a 9.9% gap on every dollar of revenue. On growth, CHART INDUSTRIES INC posted the faster year-over-year revenue change (-2.5% vs -5.2%). Fortrea Holdings Inc. produced more free cash flow last quarter ($121.6M vs $66.2M). Over the past eight quarters, CHART INDUSTRIES INC's revenue compounded faster (6.6% CAGR vs -0.1%).

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.

Oricon Inc. , established in 1999, is the holding company at the head of a Japanese corporate group that supplies statistics and information on music and the music industry in Japan and Western music. It started as Original Confidence Inc. , which was founded by Sōkō Koike in November 1967 and became known for its music charts. Oricon Inc. was originally set up as a subsidiary of Original Confidence and took over the latter's Oricon record charts in April 2002.

FTRE vs GTLS — Head-to-Head

Bigger by revenue
GTLS
GTLS
1.6× larger
GTLS
$1.1B
$660.5M
FTRE
Growing faster (revenue YoY)
GTLS
GTLS
+2.8% gap
GTLS
-2.5%
-5.2%
FTRE
Higher net margin
GTLS
GTLS
9.9% more per $
GTLS
5.0%
-4.9%
FTRE
More free cash flow
FTRE
FTRE
$55.4M more FCF
FTRE
$121.6M
$66.2M
GTLS
Faster 2-yr revenue CAGR
GTLS
GTLS
Annualised
GTLS
6.6%
-0.1%
FTRE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FTRE
FTRE
GTLS
GTLS
Revenue
$660.5M
$1.1B
Net Profit
$-32.5M
$53.6M
Gross Margin
33.3%
Operating Margin
-2.1%
11.6%
Net Margin
-4.9%
5.0%
Revenue YoY
-5.2%
-2.5%
Net Profit YoY
46.9%
-32.7%
EPS (diluted)
$-0.25
$1.06

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
FTRE
FTRE
GTLS
GTLS
Q4 25
$660.5M
$1.1B
Q3 25
$701.3M
$1.1B
Q2 25
$710.3M
$1.1B
Q1 25
$651.3M
$1.0B
Q4 24
$697.0M
$1.1B
Q3 24
$674.9M
$1.1B
Q2 24
$662.4M
$1.0B
Q1 24
$662.1M
$950.7M
Net Profit
FTRE
FTRE
GTLS
GTLS
Q4 25
$-32.5M
$53.6M
Q3 25
$-15.9M
$-138.5M
Q2 25
$-374.9M
$76.1M
Q1 25
$-562.9M
$49.5M
Q4 24
$-61.2M
$79.6M
Q3 24
$-27.9M
$69.0M
Q2 24
$-138.4M
$58.6M
Q1 24
$-101.0M
$11.3M
Gross Margin
FTRE
FTRE
GTLS
GTLS
Q4 25
33.3%
Q3 25
34.1%
Q2 25
33.6%
Q1 25
33.9%
Q4 24
33.6%
Q3 24
34.1%
Q2 24
33.8%
Q1 24
31.8%
Operating Margin
FTRE
FTRE
GTLS
GTLS
Q4 25
-2.1%
11.6%
Q3 25
-1.2%
-8.0%
Q2 25
-46.5%
15.7%
Q1 25
-79.9%
15.2%
Q4 24
-8.0%
17.0%
Q3 24
-2.7%
16.8%
Q2 24
-7.7%
16.1%
Q1 24
-5.6%
11.9%
Net Margin
FTRE
FTRE
GTLS
GTLS
Q4 25
-4.9%
5.0%
Q3 25
-2.3%
-12.6%
Q2 25
-52.8%
7.0%
Q1 25
-86.4%
4.9%
Q4 24
-8.8%
7.2%
Q3 24
-4.1%
6.5%
Q2 24
-20.9%
5.6%
Q1 24
-15.3%
1.2%
EPS (diluted)
FTRE
FTRE
GTLS
GTLS
Q4 25
$-0.25
$1.06
Q3 25
$-0.17
$-3.23
Q2 25
$-4.14
$1.53
Q1 25
$-6.25
$0.94
Q4 24
$-0.68
$1.57
Q3 24
$-0.31
$1.33
Q2 24
$-1.55
$1.10
Q1 24
$-1.13
$0.10

Balance Sheet & Financial Strength

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

Metric
FTRE
FTRE
GTLS
GTLS
Cash + ST InvestmentsLiquidity on hand
$174.6M
$366.0M
Total DebtLower is stronger
$3.7B
Stockholders' EquityBook value
$563.5M
$3.2B
Total Assets
$2.7B
$9.8B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTRE
FTRE
GTLS
GTLS
Q4 25
$174.6M
$366.0M
Q3 25
$131.3M
$399.2M
Q2 25
$81.2M
$342.3M
Q1 25
$101.6M
$296.2M
Q4 24
$118.5M
$308.6M
Q3 24
$105.3M
$310.2M
Q2 24
$126.2M
$247.4M
Q1 24
$92.8M
$191.9M
Total Debt
FTRE
FTRE
GTLS
GTLS
Q4 25
$3.7B
Q3 25
Q2 25
Q1 25
Q4 24
$3.8B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FTRE
FTRE
GTLS
GTLS
Q4 25
$563.5M
$3.2B
Q3 25
$580.8M
$3.2B
Q2 25
$589.2M
$3.4B
Q1 25
$858.8M
$3.0B
Q4 24
$1.4B
$2.8B
Q3 24
$1.5B
$3.0B
Q2 24
$1.5B
$2.7B
Q1 24
$1.6B
$2.7B
Total Assets
FTRE
FTRE
GTLS
GTLS
Q4 25
$2.7B
$9.8B
Q3 25
$2.7B
$9.8B
Q2 25
$2.8B
$9.7B
Q1 25
$3.1B
$9.3B
Q4 24
$3.6B
$9.1B
Q3 24
$3.7B
$9.5B
Q2 24
$3.6B
$9.3B
Q1 24
$4.2B
$9.2B
Debt / Equity
FTRE
FTRE
GTLS
GTLS
Q4 25
1.13×
Q3 25
Q2 25
Q1 25
Q4 24
1.33×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FTRE
FTRE
GTLS
GTLS
Operating Cash FlowLast quarter
$129.1M
$88.8M
Free Cash FlowOCF − Capex
$121.6M
$66.2M
FCF MarginFCF / Revenue
18.4%
6.1%
Capex IntensityCapex / Revenue
1.1%
2.1%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$88.3M
$202.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTRE
FTRE
GTLS
GTLS
Q4 25
$129.1M
$88.8M
Q3 25
$86.8M
$118.0M
Q2 25
$21.8M
$145.9M
Q1 25
$-124.2M
$-60.0M
Q4 24
$17.1M
$281.4M
Q3 24
$-2.4M
$200.6M
Q2 24
$273.7M
$116.1M
Q1 24
$-25.6M
$-95.1M
Free Cash Flow
FTRE
FTRE
GTLS
GTLS
Q4 25
$121.6M
$66.2M
Q3 25
$79.5M
$94.7M
Q2 25
$14.3M
$122.0M
Q1 25
$-127.1M
$-80.1M
Q4 24
$13.9M
$260.9M
Q3 24
$-10.6M
$174.5M
Q2 24
$262.5M
$88.0M
Q1 24
$-34.9M
$-141.2M
FCF Margin
FTRE
FTRE
GTLS
GTLS
Q4 25
18.4%
6.1%
Q3 25
11.3%
8.6%
Q2 25
2.0%
11.3%
Q1 25
-19.5%
-8.0%
Q4 24
2.0%
23.6%
Q3 24
-1.6%
16.4%
Q2 24
39.6%
8.5%
Q1 24
-5.3%
-14.9%
Capex Intensity
FTRE
FTRE
GTLS
GTLS
Q4 25
1.1%
2.1%
Q3 25
1.0%
2.1%
Q2 25
1.1%
2.2%
Q1 25
0.4%
2.0%
Q4 24
0.5%
1.9%
Q3 24
1.2%
2.5%
Q2 24
1.7%
2.7%
Q1 24
1.4%
4.8%
Cash Conversion
FTRE
FTRE
GTLS
GTLS
Q4 25
1.66×
Q3 25
Q2 25
1.92×
Q1 25
-1.21×
Q4 24
3.54×
Q3 24
2.91×
Q2 24
1.98×
Q1 24
-8.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTRE
FTRE

Segment breakdown not available.

GTLS
GTLS

Repair Service And Leasing Segment$330.4M31%
Heat Transfer Systems Segment$325.8M30%
Specialty Products Segment$259.5M24%
Transferred Over Time$94.4M9%
Transferred At Point In Time$69.5M6%

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