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

Fortrea Holdings Inc. is the larger business by last-quarter revenue ($660.5M vs $461.6M, roughly 1.4× RBC Bearings INC). RBC Bearings INC runs the higher net margin — 14.6% vs -4.9%, a 19.5% gap on every dollar of revenue. On growth, RBC Bearings INC posted the faster year-over-year revenue change (17.0% vs -5.2%). Fortrea Holdings Inc. produced more free cash flow last quarter ($121.6M vs $99.1M). Over the past eight quarters, RBC Bearings INC's revenue compounded faster (5.6% 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.

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...

FTRE vs RBC — Head-to-Head

Bigger by revenue
FTRE
FTRE
1.4× larger
FTRE
$660.5M
$461.6M
RBC
Growing faster (revenue YoY)
RBC
RBC
+22.3% gap
RBC
17.0%
-5.2%
FTRE
Higher net margin
RBC
RBC
19.5% more per $
RBC
14.6%
-4.9%
FTRE
More free cash flow
FTRE
FTRE
$22.5M more FCF
FTRE
$121.6M
$99.1M
RBC
Faster 2-yr revenue CAGR
RBC
RBC
Annualised
RBC
5.6%
-0.1%
FTRE

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FTRE
FTRE
RBC
RBC
Revenue
$660.5M
$461.6M
Net Profit
$-32.5M
$67.4M
Gross Margin
44.3%
Operating Margin
-2.1%
22.3%
Net Margin
-4.9%
14.6%
Revenue YoY
-5.2%
17.0%
Net Profit YoY
46.9%
16.4%
EPS (diluted)
$-0.25
$2.13

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
RBC
RBC
Q4 25
$660.5M
$461.6M
Q3 25
$701.3M
$455.3M
Q2 25
$710.3M
$436.0M
Q1 25
$651.3M
$437.7M
Q4 24
$697.0M
$394.4M
Q3 24
$674.9M
$397.9M
Q2 24
$662.4M
$406.3M
Q1 24
$662.1M
$413.7M
Net Profit
FTRE
FTRE
RBC
RBC
Q4 25
$-32.5M
$67.4M
Q3 25
$-15.9M
$60.0M
Q2 25
$-374.9M
$68.5M
Q1 25
$-562.9M
$72.7M
Q4 24
$-61.2M
$57.9M
Q3 24
$-27.9M
$54.2M
Q2 24
$-138.4M
$61.4M
Q1 24
$-101.0M
Gross Margin
FTRE
FTRE
RBC
RBC
Q4 25
44.3%
Q3 25
44.1%
Q2 25
44.8%
Q1 25
44.2%
Q4 24
44.3%
Q3 24
43.7%
Q2 24
45.3%
Q1 24
43.1%
Operating Margin
FTRE
FTRE
RBC
RBC
Q4 25
-2.1%
22.3%
Q3 25
-1.2%
21.5%
Q2 25
-46.5%
23.2%
Q1 25
-79.9%
23.0%
Q4 24
-8.0%
21.7%
Q3 24
-2.7%
21.6%
Q2 24
-7.7%
24.0%
Q1 24
-5.6%
22.8%
Net Margin
FTRE
FTRE
RBC
RBC
Q4 25
-4.9%
14.6%
Q3 25
-2.3%
13.2%
Q2 25
-52.8%
15.7%
Q1 25
-86.4%
16.6%
Q4 24
-8.8%
14.7%
Q3 24
-4.1%
13.6%
Q2 24
-20.9%
15.1%
Q1 24
-15.3%
EPS (diluted)
FTRE
FTRE
RBC
RBC
Q4 25
$-0.25
$2.13
Q3 25
$-0.17
$1.90
Q2 25
$-4.14
$2.17
Q1 25
$-6.25
$2.33
Q4 24
$-0.68
$1.82
Q3 24
$-0.31
$1.65
Q2 24
$-1.55
$1.90
Q1 24
$-1.13
$1.92

Balance Sheet & Financial Strength

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

Metric
FTRE
FTRE
RBC
RBC
Cash + ST InvestmentsLiquidity on hand
$174.6M
$107.6M
Total DebtLower is stronger
$990.2M
Stockholders' EquityBook value
$563.5M
$3.3B
Total Assets
$2.7B
$5.1B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTRE
FTRE
RBC
RBC
Q4 25
$174.6M
$107.6M
Q3 25
$131.3M
$91.2M
Q2 25
$81.2M
$132.9M
Q1 25
$101.6M
$36.8M
Q4 24
$118.5M
Q3 24
$105.3M
Q2 24
$126.2M
$76.8M
Q1 24
$92.8M
$63.5M
Total Debt
FTRE
FTRE
RBC
RBC
Q4 25
$990.2M
Q3 25
$1.1B
Q2 25
$915.6M
Q1 25
$920.1M
Q4 24
Q3 24
Q2 24
Q1 24
$1.2B
Stockholders' Equity
FTRE
FTRE
RBC
RBC
Q4 25
$563.5M
$3.3B
Q3 25
$580.8M
$3.2B
Q2 25
$589.2M
$3.1B
Q1 25
$858.8M
$3.0B
Q4 24
$1.4B
$2.9B
Q3 24
$1.5B
$2.9B
Q2 24
$1.5B
$2.8B
Q1 24
$1.6B
$2.8B
Total Assets
FTRE
FTRE
RBC
RBC
Q4 25
$2.7B
$5.1B
Q3 25
$2.7B
$5.1B
Q2 25
$2.8B
$4.8B
Q1 25
$3.1B
$4.7B
Q4 24
$3.6B
$4.7B
Q3 24
$3.7B
$4.7B
Q2 24
$3.6B
$4.7B
Q1 24
$4.2B
$4.7B
Debt / Equity
FTRE
FTRE
RBC
RBC
Q4 25
0.30×
Q3 25
0.34×
Q2 25
0.29×
Q1 25
0.30×
Q4 24
Q3 24
Q2 24
Q1 24
0.43×

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
RBC
RBC
Operating Cash FlowLast quarter
$129.1M
$122.1M
Free Cash FlowOCF − Capex
$121.6M
$99.1M
FCF MarginFCF / Revenue
18.4%
21.5%
Capex IntensityCapex / Revenue
1.1%
5.0%
Cash ConversionOCF / Net Profit
1.81×
TTM Free Cash FlowTrailing 4 quarters
$88.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTRE
FTRE
RBC
RBC
Q4 25
$129.1M
$122.1M
Q3 25
$86.8M
$88.4M
Q2 25
$21.8M
$120.0M
Q1 25
$-124.2M
Q4 24
$17.1M
$84.0M
Q3 24
$-2.4M
Q2 24
$273.7M
$97.4M
Q1 24
$-25.6M
Free Cash Flow
FTRE
FTRE
RBC
RBC
Q4 25
$121.6M
$99.1M
Q3 25
$79.5M
$71.7M
Q2 25
$14.3M
$104.3M
Q1 25
$-127.1M
Q4 24
$13.9M
$73.6M
Q3 24
$-10.6M
Q2 24
$262.5M
$88.4M
Q1 24
$-34.9M
FCF Margin
FTRE
FTRE
RBC
RBC
Q4 25
18.4%
21.5%
Q3 25
11.3%
15.7%
Q2 25
2.0%
23.9%
Q1 25
-19.5%
Q4 24
2.0%
18.7%
Q3 24
-1.6%
Q2 24
39.6%
21.8%
Q1 24
-5.3%
Capex Intensity
FTRE
FTRE
RBC
RBC
Q4 25
1.1%
5.0%
Q3 25
1.0%
3.7%
Q2 25
1.1%
3.6%
Q1 25
0.4%
3.2%
Q4 24
0.5%
2.6%
Q3 24
1.2%
4.1%
Q2 24
1.7%
2.2%
Q1 24
1.4%
Cash Conversion
FTRE
FTRE
RBC
RBC
Q4 25
1.81×
Q3 25
1.47×
Q2 25
1.75×
Q1 25
Q4 24
1.45×
Q3 24
Q2 24
1.59×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTRE
FTRE

Segment breakdown not available.

RBC
RBC

Domestic$413.3M90%
Foreign$48.3M10%

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