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  "documentTitle": "GoDaddy Inc. (GDDY)",
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  "presentationDate": "2023-10-17 00:00:00",
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  "notes": "The chart highlights that even when controlling for revenue scale, Fortrea's margins (13% and 8.8%) are significantly lower than the peer median of 18%.",
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      "text": "Even when adjusted for scale, Fortrea’s adjusted EBITDA margins are well below the peer median.",
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      "text": "Source: Public company filings. Starboard has identified the peers as the relevant peer set for comparing FTRE's metrics. Starboard believes these provide appropriate peer comparisons.",
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