Company / Interest Expense
Fortrea Interest Expense History
FY2021-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$69.8M
FY2023
5-year range
-$200.0K / $69.8M
FY2021-FY2023
Trend
+35000.0%
vs FY2022
Sector context
#11 of 44
Health Care
What the data says
Interest Expense changed +35000% YoY in FY2023, a notable deviation from the 2-year average annual change of +17400%.
Based on SEC 10-K filings.
$70M in FY2023. Top quartile in the Health Care sector.
Increased from $200,000 to $70M over the past 2 years.
Health Care sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 25% in Health CareTop 75% of 44This company $69.8M Sector average $291.0M
▼
-76.0% below sector average
Key checks
Key Insights
- In FY2023, interest expense increased 35000.0% year-over-year.
- Ranks #11 out of 44 companies in the Health Care sector.
Company context
Key Data Points
- Altman Z-Score -0.32 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $69.8M | +35000.0% |
| FY2022 | -$200.0K | -200.0% |
| FY2021 | $200.0K | - |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026