COMP <GO>
FTRE vs MRK // ALTMAN Z-SCORE & DEBT/EQUITY
Fortrea Holdings Inc. (NASDAQ) VS. Merck & Company Inc. Common Stock (new) (NYSE) • 15-METRIC TALLY: FTRE 1
— MRK 13
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: MRK
LAST: $21.29 (-7.99%) • MKT CAP: $2.20B
balance-sheet
0.45
LAST: $149.52 (+2.18%) • MKT CAP: $361.02B
balance-sheet
5.19
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (FTRE VS. MRK)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | FTRE | MRK | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 74.80% | -33.80 | MRK | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 20.70% | -55.70 | MRK | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 15.3x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -0.41% | 3.42% | -3.83 | MRK | /fcf-yield <GO> |
| Operating Margin | -32.00% | 34.30% | -66.30 | MRK | /operating-margins <GO> |
| Net Profit Margin | -36.30% | 28.10% | -64.40 | MRK | /net-margins <GO> |
| Revenue Growth (YoY) | 1.00% | 1.30% | -0.30 | MRK | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.26% | -2.26 | MRK | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 0.45 | 5.19 | -4.74 | MRK | /balance-sheet <GO> |
| Piotroski F-Score Quality | 3/9 | 7/9 | -4.00 | MRK | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.90% | 6.60% | +0.30 | MRK | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 46.4 | 56.9 | -10.47 | MRK | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.99 | 0.92 | +0.07 | FTRE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 29.0x | 18.4x | +10.60 | MRK | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.20B | $361.02B | -$358.82B | MRK | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | FTRE REV | MRK REV | FTRE GROSS % | MRK GROSS % | FTRE FCF | MRK FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.72B | $65.01B | 44.0% | 74.8% | -$9.1M | $12.36B |
| FY 2024 | $2.70B | $64.17B | 44.0% | 76.3% | $141.5M | $18.10B |
| FY 2023 | $2.84B | $60.12B | 44.0% | 44.0% | $40.5M | $10.30B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
FTRE // BETA 0.99
MRK // BETA 0.92