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Side-by-side financial comparison of Fortrea Holdings Inc. (FTRE) and SiteOne Landscape Supply, Inc. (SITE). Click either name above to swap in a different company.

SiteOne Landscape Supply, Inc. is the larger business by last-quarter revenue ($940.1M vs $660.5M, roughly 1.4× Fortrea Holdings Inc.). On growth, SiteOne Landscape Supply, Inc. posted the faster year-over-year revenue change (0.1% vs -5.2%). Over the past eight quarters, Fortrea Holdings Inc.'s revenue compounded faster (-0.1% CAGR vs -11.8%).

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.

SiteOne Landscape Supply, Inc. is a leading North American wholesale distributor of landscape supplies. Its offerings cover irrigation components, outdoor lighting, hardscape materials, nursery plants, landscaping tools and related accessories. It mainly serves professional landscapers, contractors, golf course operators, municipal maintenance teams, with a wide branch network across the U.S. and Canada.

FTRE vs SITE — Head-to-Head

Bigger by revenue
SITE
SITE
1.4× larger
SITE
$940.1M
$660.5M
FTRE
Growing faster (revenue YoY)
SITE
SITE
+5.3% gap
SITE
0.1%
-5.2%
FTRE
Faster 2-yr revenue CAGR
FTRE
FTRE
Annualised
FTRE
-0.1%
-11.8%
SITE

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
FTRE
FTRE
SITE
SITE
Revenue
$660.5M
$940.1M
Net Profit
$-32.5M
Gross Margin
33.9%
Operating Margin
-2.1%
Net Margin
-4.9%
Revenue YoY
-5.2%
0.1%
Net Profit YoY
46.9%
EPS (diluted)
$-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
FTRE
FTRE
SITE
SITE
Q1 26
$940.1M
Q4 25
$660.5M
$1.0B
Q3 25
$701.3M
$1.3B
Q2 25
$710.3M
$1.5B
Q1 25
$651.3M
$939.4M
Q4 24
$697.0M
$1.0B
Q3 24
$674.9M
$1.2B
Q2 24
$662.4M
Net Profit
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
$-32.5M
$-9.0M
Q3 25
$-15.9M
$59.1M
Q2 25
$-374.9M
$129.0M
Q1 25
$-562.9M
$-27.3M
Q4 24
$-61.2M
$-21.7M
Q3 24
$-27.9M
$44.4M
Q2 24
$-138.4M
Gross Margin
FTRE
FTRE
SITE
SITE
Q1 26
33.9%
Q4 25
34.1%
Q3 25
34.7%
Q2 25
36.4%
Q1 25
33.0%
Q4 24
33.3%
Q3 24
34.0%
Q2 24
Operating Margin
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
-2.1%
-0.5%
Q3 25
-1.2%
6.8%
Q2 25
-46.5%
12.8%
Q1 25
-79.9%
-3.1%
Q4 24
-8.0%
-2.5%
Q3 24
-2.7%
5.8%
Q2 24
-7.7%
Net Margin
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
-4.9%
-0.9%
Q3 25
-2.3%
4.7%
Q2 25
-52.8%
8.8%
Q1 25
-86.4%
-2.9%
Q4 24
-8.8%
-2.1%
Q3 24
-4.1%
3.7%
Q2 24
-20.9%
EPS (diluted)
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
$-0.25
$-0.19
Q3 25
$-0.17
$1.31
Q2 25
$-4.14
$2.86
Q1 25
$-6.25
$-0.61
Q4 24
$-0.68
$-0.46
Q3 24
$-0.31
$0.97
Q2 24
$-1.55

Balance Sheet & Financial Strength

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

Metric
FTRE
FTRE
SITE
SITE
Cash + ST InvestmentsLiquidity on hand
$174.6M
$84.0M
Total DebtLower is stronger
$531.9M
Stockholders' EquityBook value
$563.5M
$1.6B
Total Assets
$2.7B
$3.5B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTRE
FTRE
SITE
SITE
Q1 26
$84.0M
Q4 25
$174.6M
$190.6M
Q3 25
$131.3M
$106.9M
Q2 25
$81.2M
$78.6M
Q1 25
$101.6M
$56.6M
Q4 24
$118.5M
$107.1M
Q3 24
$105.3M
$85.5M
Q2 24
$126.2M
Total Debt
FTRE
FTRE
SITE
SITE
Q1 26
$531.9M
Q4 25
$385.4M
Q3 25
$388.4M
Q2 25
$469.9M
Q1 25
$503.0M
Q4 24
$388.2M
Q3 24
$410.6M
Q2 24
Stockholders' Equity
FTRE
FTRE
SITE
SITE
Q1 26
$1.6B
Q4 25
$563.5M
$1.7B
Q3 25
$580.8M
$1.7B
Q2 25
$589.2M
$1.6B
Q1 25
$858.8M
$1.6B
Q4 24
$1.4B
$1.6B
Q3 24
$1.5B
$1.6B
Q2 24
$1.5B
Total Assets
FTRE
FTRE
SITE
SITE
Q1 26
$3.5B
Q4 25
$2.7B
$3.2B
Q3 25
$2.7B
$3.3B
Q2 25
$2.8B
$3.3B
Q1 25
$3.1B
$3.3B
Q4 24
$3.6B
$3.1B
Q3 24
$3.7B
$3.1B
Q2 24
$3.6B
Debt / Equity
FTRE
FTRE
SITE
SITE
Q1 26
0.33×
Q4 25
0.23×
Q3 25
0.23×
Q2 25
0.29×
Q1 25
0.32×
Q4 24
0.25×
Q3 24
0.25×
Q2 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
SITE
SITE
Operating Cash FlowLast quarter
$129.1M
Free Cash FlowOCF − Capex
$121.6M
FCF MarginFCF / Revenue
18.4%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$88.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
$129.1M
$164.8M
Q3 25
$86.8M
$128.6M
Q2 25
$21.8M
$136.7M
Q1 25
$-124.2M
$-129.6M
Q4 24
$17.1M
$119.4M
Q3 24
$-2.4M
$115.9M
Q2 24
$273.7M
Free Cash Flow
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
$121.6M
$150.3M
Q3 25
$79.5M
$118.5M
Q2 25
$14.3M
$122.4M
Q1 25
$-127.1M
$-144.4M
Q4 24
$13.9M
$109.9M
Q3 24
$-10.6M
$105.9M
Q2 24
$262.5M
FCF Margin
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
18.4%
14.4%
Q3 25
11.3%
9.4%
Q2 25
2.0%
8.4%
Q1 25
-19.5%
-15.4%
Q4 24
2.0%
10.8%
Q3 24
-1.6%
8.8%
Q2 24
39.6%
Capex Intensity
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
1.1%
1.4%
Q3 25
1.0%
0.8%
Q2 25
1.1%
1.0%
Q1 25
0.4%
1.6%
Q4 24
0.5%
0.9%
Q3 24
1.2%
0.8%
Q2 24
1.7%
Cash Conversion
FTRE
FTRE
SITE
SITE
Q1 26
Q4 25
Q3 25
2.18×
Q2 25
1.06×
Q1 25
Q4 24
Q3 24
2.61×
Q2 24

Financial Flow Comparison

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

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