Fortrea US Competitors and Similar CompaniesClear all
Fortrea US's competitors and similar companies include IQVIA, PPD, SNBL, ICON, Bio-Rad, Biogen and Charles River Laboratories.
 Fortrea US Fortrea US (formerly known as Labcorp Drug Development) is a company that specializes in clinical development and patient access solutions. |  IQVIA IQVIA Holdings (formerly known as QuintilesIMS) is a company that offers clinical research services, data analysis, and information solutions for the life sciences and healthcare industries. |  PPD PPD (Pharmaceutical Product Development) is a company that provides drug development and laboratory solutions. |  SNBL SNBL (Shin Nippon Biomedical Laboratories, 株式会社 新日本科学) is a contract research company specializing in preclinical and clinical studies. |  ICON ICON is a clinical research organization that provides consulting, outsourced development, and commercialization services. |  Bio-Rad Bio-Rad Laboratories is a company that develops, manufactures, and sells life science research and clinical diagnostics products.
|  Biogen Biogen (formerly known as Biogen Idec) is a biopharmaceutical company that develops and delivers therapies for neurological and neurodegenerative diseases. |  Charles River Laboratories Charles River Laboratories International is a company that provides drug discovery and non-clinical development solutions. | |
Founding Date | Founding Date 1993 | Founding Date 2016 | Founding Date 1985 | Founding Date 1957 | Founding Date 1990 | Founding Date 1952 | Founding Date 1978 | Founding Date 1947 |
Type | Type Subsidiary | Type Public | Type Subsidiary | Type Public | Type Public | Type Public | Type Public | Type Public |
Tags | ||||||||
Locations | Locations Durham, US HQ | Locations Durham, US HQ Buenos Aires, AR Melbourne, AU North Sydney, AU Wien, AT Antwerpen, BE Wijnegem, BE see more | Locations Wilmington, US HQ Buenos Aires, AR Melbourne, AU Brussels, BE Zaventem, BE São Paulo, BR São Paulo, BR see more | Locations Tokyo, JP HQ Kagoshima, JP Kainan, JP Osaka, JP Everett, US San Luis, US | Locations Hercules, US HQ South Granville, AU South Granville, AU Wien, AT Lokeren, BE Temse, BE São Paulo, BR see more | Locations Cambridge, US HQ Vicente López, AR Macquarie Park, AU Wien, AT Machelen, BE São Paul, BR Toronto, CA see more | Locations Wilmington, US HQ Melbourne, AU Beerse, BE Brussels, BE São Paulo, BR Laval, CA Saint Constant, CA see more | |
Employees | Employees 15,099 | Employees 93,000 | Employees 24,5842% decrease | Employees 1,436 | Employees 41,250 | Employees 7,4503% decrease | Employees 7,605 | Employees 18,3002% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 39.4 b | Valuation ($) N/A | Valuation ($) 337.1 m | Valuation ($) 19.2 b | Valuation ($) 9.2 b | Valuation ($) 26.7 b | Valuation ($) 9.6 b |
Financial | ||||||||
Revenue (est.) | Revenue (est.) $5.7b (FY, 2022) | Revenue (est.) $16.3b (FY, 2025) | Revenue (est.) $4.7b (FY, 2020) | Revenue (est.) ¥32.4b (FY, 2025) | Revenue (est.) $8.3b (FY, 2024) | Revenue (est.) $2.6b (FY, 2025) | Revenue (est.) $9.9b (FY, 2025) | Revenue (est.) $4b (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods $10.9b (FY, 2025) | Cost of goods $1.7b (FY, 2020) | Cost of goods ¥13.2b (FY, 2025) | Cost of goods N/A | Cost of goods $1.2b (FY, 2025) | Cost of goods $2.4b (FY, 2025) | Cost of goods $2.7b (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit $5.4b (FY, 2025) | Gross profit $3b (FY, 2020) | Gross profit ¥19.2b (FY, 2025) | Gross profit $8.3b (FY, 2024) | Gross profit $1.3b (FY, 2025) | Gross profit $7.5b (FY, 2025) | Gross profit $1.3b (FY, 2025) |
Net income | Net income N/A | Net income $1.4b (FY, 2025) | Net income $160.6m (FY, 2020) | Net income ¥4.9b (FY, 2025) | Net income $791.5m (FY, 2024) | Net income $759.9m (FY, 2025) | Net income $1.3b (FY, 2025) | Net income ($142.2m) (FY, 2025) |
Operating ⚠ | ||||||||
Backlog | Backlog N/A | Backlog $27.2b (FY, 2022) | Backlog $9.5b (Q3, 2021) | Backlog N/A | Backlog N/A | Backlog N/A | Backlog N/A | Backlog N/A |
Countries | Countries N/A | Countries 100 (FY, 2022) | Countries 46 (FY, 2020) | Countries N/A | Countries 53 (FY, 2021) | Countries 35 (Q1, 2023) | Countries N/A | Countries 20 (FY, 2021) |
Funding | ||||||||
Total funding raised | Total funding raised $ 1.3m | Total funding raised $ 3.2b | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 34m |
For sources of this data, please see the company profile
View Company Profiles
IQVIA
HQ
Durham, US
Employees
93,000
IQVIA Holdings (formerly known as QuintilesIMS) is a company that offers clinical research services, data analysis, and information solutions for the life sciences and healthcare industries.
View companyPPD
HQ
Wilmington, US
PPD (Pharmaceutical Product Development) is a company that provides drug development and laboratory solutions.
View companySNBL
HQ
Tokyo, JP
Employees
1,436
SNBL (Shin Nippon Biomedical Laboratories, 株式会社 新日本科学) is a contract research company specializing in preclinical and clinical studies.
View companyICON
HQ
Dublin, IE
Employees
41,250
ICON is a clinical research organization that provides consulting, outsourced development, and commercialization services.
View company