Fortrea Holdings Inc. Annual Amortization of Intangible Assets in USD from 2021 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Fortrea Holdings Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2021 to 2023.
  • Fortrea Holdings Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $15.1M, a 1.95% decline year-over-year.
  • Fortrea Holdings Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $63.8M.
  • Fortrea Holdings Inc. annual Amortization of Intangible Assets for 2023 was $63.8M, a 2.89% decline from 2022.
  • Fortrea Holdings Inc. annual Amortization of Intangible Assets for 2022 was $65.7M, a 53.1% decline from 2021.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $63.8M -$1.9M -2.89% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-13
2022 $65.7M -$74.3M -53.1% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-13
2021 $140M Jan 1, 2021 Dec 31, 2021 10-K 2024-03-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.