FTI Consulting (FCN) Financials

$165.08 -2.02 (-1.21%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$165.00 -0.08 (-0.05%)

As of 04/15/2025 04:34 PM Eastern

Annual Income Statements for FTI Consulting

This table shows FTI Consulting's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	66	86	108	151	-1,848	211	235	236	275	280
Consolidated Net Income / (Loss)	66	86	108	151	217	211	235	236	275	280
Net Income / (Loss) Continuing Operations	66	86	108	151	-1,848	211	235	236	275	280
Total Pre-Tax Income	105	128	87	208	288	262	298	298	358	351
Total Operating Income	165	142	109	226	306	283	312	304	378	347
Total Gross Profit	608	600	592	700	818	789	861	963	1,135	1,182
Total Revenue	1,779	1,810	1,808	2,028	2,353	2,461	2,776	3,029	3,489	3,699
Operating Revenue	1,779	1,810	1,808	2,028	2,353	2,461	2,776	3,029	3,489	3,699
Total Cost of Revenue	1,171	1,211	1,216	1,328	1,535	1,673	1,916	2,066	2,354	2,517
Operating Cost of Revenue	1,171	1,211	1,216	1,328	1,535	1,673	1,916	2,066	2,354	2,517
Total Operating Expenses	443	457	483	474	2,559	506	549	659	757	835
Selling, General & Admin Expense	433	437	432	466	504	488	538	641	751	822
Amortization Expense	12	10	11	8.16	8.15	10	11	9.64	6.16	4.18
Other Operating Expenses / (Income)	0.00	10	41	0.00	2,047	7.10	-	8.34	0.00	8.23
Total Other Income / (Expense), net	-59	-14	-22	-18	-34	-20	-14	-6.13	-19	6.82
Interest Expense	59	14	22	31	17	20	14	6.13	19	-3.41
Other Income / (Expense), net	-	0.00	0.00	13	-17	-	-	-	-	3.41
Income Tax Expense	39	42	-21	57	72	52	63	62	83	71
Basic Earnings per Share	$1.62	$2.09	$2.79	$4.06	$5.89	$5.92	$7.02	$6.99	$8.10	$7.96
Weighted Average Basic Shares Outstanding	40.85M	40.94M	38.70M	37.10M	37.49M	34.24M	34.35M	33.93M	35.53M	35.92M
Diluted Earnings per Share	$1.58	$2.05	$2.75	$3.93	$5.69	$5.67	$6.65	$6.58	$7.71	$7.81
Weighted Average Diluted Shares Outstanding	40.85M	40.94M	38.70M	37.10M	37.49M	34.24M	34.35M	33.93M	35.53M	35.92M
Weighted Average Basic & Diluted Shares Outstanding	40.85M	40.94M	38.70M	37.10M	37.49M	34.24M	34.35M	33.93M	35.53M	35.92M

This table shows FTI Consulting's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	77	47	48	62	83	82	80	84	66	50
Consolidated Net Income / (Loss)	77	47	48	62	83	82	80	84	66	50
Net Income / (Loss) Continuing Operations	77	47	48	62	83	82	80	84	66	50
Total Pre-Tax Income	93	64	63	85	108	103	99	103	89	60
Total Operating Income	88	73	67	89	107	115	100	104	91	53
Total Gross Profit	249	248	253	276	294	311	303	311	298	270
Total Revenue	776	774	807	865	893	925	929	949	926	895
Operating Revenue	776	774	807	865	893	925	929	949	926	895
Total Cost of Revenue	527	526	554	588	599	614	626	638	628	625
Operating Cost of Revenue	527	526	554	588	599	614	626	638	628	625
Total Operating Expenses	162	176	186	188	187	196	203	207	207	217
Selling, General & Admin Expense	159	165	184	186	186	195	202	206	206	208
Amortization Expense	2.32	2.32	2.18	1.42	1.34	1.22	1.02	1.08	1.05	1.03
Total Other Income / (Expense), net	5.39	-9.63	-4.28	-3.61	1.35	-13	-0.14	-1.41	-2.11	10
Interest Expense	-5.39	9.08	4.28	3.61	-0.67	12	0.14	1.41	2.11	-7.06
Income Tax Expense	16	16	15	23	24	21	20	19	22	10
Basic Earnings per Share	$2.29	$1.42	$1.43	$1.87	$2.44	$2.36	$2.29	$2.38	$1.88	$1.41
Weighted Average Basic Shares Outstanding	34.42M	33.93M	33.98M	34.03M	35.51M	35.53M	35.70M	35.90M	35.94M	35.92M
Diluted Earnings per Share	$2.15	$1.34	$1.34	$1.75	$2.34	$2.28	$2.23	$2.34	$1.85	$1.39
Weighted Average Diluted Shares Outstanding	34.42M	33.93M	33.98M	34.03M	35.51M	35.53M	35.70M	35.90M	35.94M	35.92M
Weighted Average Basic & Diluted Shares Outstanding	34.42M	33.93M	33.98M	34.03M	35.51M	35.53M	35.70M	35.90M	35.94M	35.92M

This table details how cash moves in and out of FTI Consulting's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-134	66	-26	122	57	-74	200	-2.80	-188	357
Net Cash From Operating Activities	140	233	148	231	218	327	355	189	224	395
Net Cash From Continuing Operating Activities	140	233	148	231	218	327	355	189	224	395
Net Income / (Loss) Continuing Operations	66	86	108	151	217	211	235	236	275	280
Consolidated Net Income / (Loss)	66	86	108	151	217	211	235	236	275	280
Depreciation Expense	31	39	31	32	30	33	34	36	41	44
Amortization Expense	12	12	13	14	20	22	23	43	36	57
Non-Cash Adjustments To Reconcile Net Income	50	25	48	26	29	50	41	54	78	89
Changes in Operating Assets and Liabilities, net	-19	72	-53	8.53	-79	12	23	-180	-206	-75
Net Cash From Investing Activities	-32	-30	-41	19	-61	-60	-79	-60	-74	-10
Net Cash From Continuing Investing Activities	-32	-30	-41	19	-61	-60	-79	-60	-74	-10
Purchase of Property, Plant & Equipment	-31	-29	-32	-32	-42	-35	-69	-53	-49	-35
Acquisitions	-0.58	-1.25	-8.93	0.00	-	-25	-10	-6.74	0.00	0.00
Purchase of Investments	-	-	-	-	-	-	0.00	0.00	-24	25
Net Cash From Financing Activities	-236	-125	-141	-118	-103	-360	-62	-106	-355	-15
Net Cash From Continuing Financing Activities	-236	-125	-141	-118	-103	-360	-62	-106	-355	-15
Repayment of Debt	-430	-130	-392	-650	-45	-286	-401	-170	-1,154	-597
Repurchase of Common Equity	-27	-21	-168	-56	-106	-354	-46	-85	-21	-10
Issuance of Debt	218	27	425	552	47	290	403	165	835	600
Other Financing Activities, net	-0.75	-0.87	-5.67	-3.03	0.89	-9.77	-17	-15	-15	-8.13
Effect of Exchange Rate Changes	-6.14	-12	7.75	-9.79	3.34	19	-15	-26	16	-12
Cash Interest Paid	47	23	23	22	7.61	7.75	9.10	7.84	14	5.92
Cash Income Taxes Paid	21	20	4.93	46	51	83	48	77	80	117

This table details how cash moves in and out of FTI Consulting's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	71	165	-253	-35	-2.39	102	-59	-18	160	274
Net Cash From Operating Activities	128	229	-254	-11	107	383	-275	135	219	315
Net Cash From Continuing Operating Activities	128	229	-254	-11	107	383	-275	135	219	315
Net Income / (Loss) Continuing Operations	77	47	48	62	83	82	80	84	66	50
Consolidated Net Income / (Loss)	77	47	48	62	83	82	80	84	66	50
Depreciation Expense	8.95	8.85	9.44	10	10	11	10	11	11	12
Amortization Expense	2.84	34	2.83	2.07	1.77	29	1.25	1.23	1.38	53
Non-Cash Adjustments To Reconcile Net Income	14	15	12	11	24	32	21	17	15	36
Changes in Operating Assets and Liabilities, net	25	124	-326	-96	-12	229	-387	22	126	165
Net Cash From Investing Activities	-13	-14	-18	-11	-39	-6.26	21	-10	-7.03	-14
Net Cash From Continuing Investing Activities	-13	-14	-18	-11	-39	-6.26	21	-10	-7.03	-14
Purchase of Property, Plant & Equipment	-13	-14	-18	-11	-14	-6.26	-4.64	-10	-7.03	-14
Purchase of Investments	-	-	-	-	-	-	-	-	-	25
Net Cash From Financing Activities	-20	-69	16	-25	-58	-288	199	-140	-63	-11
Net Cash From Continuing Financing Activities	-20	-69	16	-25	-58	-288	199	-140	-63	-11
Repayment of Debt	-4.89	-5.26	-44	-178	-535	-397	-73	-385	-141	1.86
Repurchase of Common Equity	-20	-62	-21	-	-	-	0.00	-	-	-10
Other Financing Activities, net	-1.52	5.18	-9.06	-1.69	-3.25	-1.08	-8.71	5.01	-2.27	-2.16
Effect of Exchange Rate Changes	-24	19	3.30	12	-12	13	-3.64	-2.43	11	-17
Cash Interest Paid	3.73	-0.18	3.63	0.52	6.02	4.23	0.77	3.26	1.43	0.47
Cash Income Taxes Paid	8.91	26	12	45	9.64	13	26	49	9.72	32

This table presents FTI Consulting's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	2,229	2,225	2,257	2,379	2,783	2,777	3,101	3,241	3,326	3,597
Total Current Assets	742	783	794	965	1,179	1,130	1,370	1,511	1,555	1,820
Cash & Equivalents	150	216	190	312	369	295	494	492	303	660
Note & Lease Receivable	36	32	26	29	35	35	30	27	31	45
Accounts Receivable	500	475	523	555	693	711	754	896	1,102	1,020
Prepaid Expenses	56	60	56	69	81	88	91	95	119	94
Plant, Property, & Equipment, net	75	62	75	85	94	102	142	153	160	150
Total Noncurrent Assets	1,413	1,380	1,388	1,329	1,511	1,546	1,589	1,577	1,611	1,627
Noncurrent Note & Lease Receivables	107	105	98	84	69	61	54	56	75	109
Goodwill	1,198	1,180	1,205	1,172	1,203	1,235	1,233	1,228	1,235	1,227
Intangible Assets	64	52	44	35	38	42	32	26	18	17
Other Noncurrent Operating Assets	44	44	41	38	201	208	270	268	282	275
Total Liabilities & Shareholders' Equity	2,229	2,225	2,257	2,379	2,783	2,777	3,101	3,241	3,326	3,597
Total Liabilities	1,081	1,018	1,065	1,030	1,294	1,377	1,518	1,560	1,344	1,339
Total Current Liabilities	347	378	410	483	613	670	718	769	893	932
Accounts Payable	90	87	95	105	159	170	165	174	224	224
Current Employee Benefit Liabilities	228	262	269	334	417	456	508	542	601	640
Other Current Liabilities	-	-	47	44	37	44	46	54	68	68
Total Noncurrent Liabilities	734	640	655	548	681	707	799	790	452	407
Noncurrent Deferred & Payable Income Tax Liabilities	140	174	124	155	151	158	171	162	141	112
Other Noncurrent Operating Liabilities	100	100	134	127	255	263	332	313	311	295
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,148	1,207	1,192	1,349	1,489	1,400	1,583	1,682	1,981	2,258
Total Preferred & Common Equity	1,148	1,207	1,192	1,349	1,489	1,400	1,583	1,682	1,981	2,258
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,148	1,207	1,192	1,349	1,489	1,400	1,583	1,682	1,981	2,258
Common Stock	401	417	266	300	217	0.35	14	0.34	17	40
Retained Earnings	855	941	1,046	1,197	1,413	1,506	1,698	1,858	2,115	2,395
Accumulated Other Comprehensive Income / (Loss)	-109	-151	-120	-148	-141	-106	-129	-177	-150	-177

This table presents FTI Consulting's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	3,082	3,101	3,246	3,319	3,325	3,358	3,517
Total Current Assets	1,393	1,352	1,480	1,567	1,545	1,569	1,716
Cash & Equivalents	327	239	204	201	244	226	386
Note & Lease Receivable	27	28	31	32	45	45	45
Accounts Receivable	948	988	1,138	1,207	1,157	1,191	1,184
Prepaid Expenses	91	98	108	127	98	107	100
Plant, Property, & Equipment, net	145	163	165	165	153	152	150
Total Noncurrent Assets	1,544	1,586	1,601	1,587	1,627	1,636	1,651
Noncurrent Note & Lease Receivables	54	62	75	74	97	106	108
Goodwill	1,213	1,230	1,232	1,226	1,231	1,231	1,240
Intangible Assets	26	22	21	19	19	18	18
Other Noncurrent Operating Assets	252	271	273	267	280	281	285
Total Liabilities & Shareholders' Equity	3,082	3,101	3,246	3,319	3,325	3,358	3,517
Total Liabilities	1,438	1,380	1,451	1,454	1,270	1,208	1,265
Total Current Liabilities	649	538	645	709	628	714	823
Accounts Payable	175	177	172	171	227	183	202
Current Employee Benefit Liabilities	423	309	421	481	333	464	557
Other Current Liabilities	51	52	52	57	68	68	65
Total Noncurrent Liabilities	789	842	806	746	642	494	442
Noncurrent Deferred & Payable Income Tax Liabilities	161	158	156	158	136	136	139
Other Noncurrent Operating Liabilities	312	323	310	303	301	298	303
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,645	1,721	1,795	1,864	2,054	2,149	2,252
Total Preferred & Common Equity	1,645	1,721	1,795	1,864	2,054	2,149	2,252
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,645	1,721	1,795	1,864	2,054	2,149	2,252
Common Stock	0.34	0.34	5.81	10	22	34	42
Retained Earnings	1,868	1,887	1,950	2,033	2,195	2,279	2,345
Accumulated Other Comprehensive Income / (Loss)	-224	-167	-160	-179	-162	-164	-135

This table displays calculated financial ratios and metrics derived from FTI Consulting's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.31%	1.76%	-0.15%	12.18%	16.02%	4.61%	12.80%	9.10%	15.20%	6.00%
EBITDA Growth	4.82%	-6.97%	-21.08%	86.43%	19.17%	-0.50%	9.46%	3.69%	18.84%	-0.65%
EBIT Growth	11.59%	-13.59%	-23.53%	119.88%	20.67%	-2.01%	10.40%	-2.62%	24.25%	-7.10%
NOPAT Growth	20.61%	-7.75%	41.65%	21.58%	40.17%	-1.17%	8.45%	-2.33%	20.49%	-4.23%
Net Income Growth	12.32%	29.47%	26.24%	39.50%	43.90%	-2.79%	11.53%	0.23%	16.72%	1.89%
EPS Growth	9.72%	29.75%	34.15%	42.91%	44.78%	-0.35%	17.28%	-1.05%	17.17%	1.30%
Operating Cash Flow Growth	3.34%	66.87%	-36.77%	56.26%	-5.54%	50.11%	8.69%	-46.89%	18.89%	76.02%
Free Cash Flow Firm Growth	7.06%	79.13%	-59.67%	178.81%	-47.43%	69.11%	8.89%	-51.82%	-3.74%	206.77%
Invested Capital Growth	-1.70%	-9.10%	3.06%	-6.86%	7.15%	-0.29%	-0.39%	8.60%	11.49%	-4.79%
Revenue Q/Q Growth	0.97%	-0.02%	1.45%	1.87%	4.31%	1.00%	1.82%	3.35%	4.50%	-0.80%
EBITDA Q/Q Growth	0.30%	-3.56%	12.49%	9.37%	-3.45%	7.51%	-5.13%	15.09%	18.49%	-1.46%
EBIT Q/Q Growth	1.14%	-8.43%	28.10%	10.80%	-4.55%	8.75%	-6.00%	7.66%	12.64%	-14.37%
NOPAT Q/Q Growth	9.81%	-3.04%	110.74%	-19.80%	0.76%	13.83%	-8.00%	5.77%	14.45%	-14.50%
Net Income Q/Q Growth	16.65%	-3.66%	124.10%	-22.28%	2.52%	14.41%	-6.89%	4.11%	14.18%	-10.23%
EPS Q/Q Growth	16.18%	-3.76%	125.41%	-21.56%	2.89%	16.19%	-6.73%	4.11%	13.88%	-10.23%
Operating Cash Flow Q/Q Growth	-11.57%	12.15%	1.15%	9.92%	-1.53%	15.98%	3.94%	18.65%	217.45%	-14.62%
Free Cash Flow Firm Q/Q Growth	-20.39%	16.20%	-12.61%	11.72%	-13.49%	17.30%	11.93%	4.35%	285.13%	-12.07%
Invested Capital Q/Q Growth	-5.38%	-8.13%	-2.49%	-7.36%	-5.45%	-5.88%	-8.88%	-7.79%	-13.87%	-14.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.16%	33.12%	32.76%	34.51%	34.76%	32.04%	31.00%	31.79%	32.53%	31.96%
EBITDA Margin	11.67%	10.67%	8.43%	14.01%	14.39%	13.69%	13.29%	12.63%	13.03%	12.21%
Operating Margin	9.25%	7.85%	6.01%	11.14%	12.99%	11.48%	11.24%	10.03%	10.82%	9.39%
EBIT Margin	9.25%	7.85%	6.01%	11.79%	12.26%	11.48%	11.24%	10.03%	10.82%	9.48%
Profit (Net Income) Margin	3.71%	4.72%	5.97%	7.43%	9.21%	8.56%	8.46%	7.78%	7.88%	7.57%
Tax Burden Percent	62.68%	66.92%	123.94%	72.48%	75.13%	80.28%	78.86%	79.10%	76.71%	79.85%
Interest Burden Percent	64.06%	89.90%	80.13%	86.93%	100.00%	92.85%	95.48%	97.98%	94.92%	100.00%
Effective Tax Rate	37.32%	33.08%	-23.94%	27.52%	24.87%	19.72%	21.14%	20.90%	23.29%	20.15%
Return on Invested Capital (ROIC)	6.85%	6.68%	9.78%	12.13%	17.02%	16.29%	17.72%	16.63%	18.20%	16.93%
ROIC Less NNEP Spread (ROIC-NNEP)	-2.89%	2.79%	-5.28%	-4.39%	35.39%	47.93%	28.51%	19.22%	24.33%	16.37%
Return on Net Nonoperating Assets (RNNOA)	-0.98%	0.59%	-0.78%	-0.28%	-1.75%	-1.70%	-1.97%	-2.20%	-3.19%	-3.72%
Return on Equity (ROE)	5.87%	7.26%	9.00%	11.86%	15.27%	14.58%	15.75%	14.43%	15.01%	13.21%
Cash Return on Invested Capital (CROIC)	8.57%	16.22%	6.76%	19.24%	10.12%	16.57%	18.11%	8.38%	7.33%	21.84%
Operating Return on Assets (OROA)	7.12%	6.38%	4.85%	10.31%	11.18%	10.17%	10.62%	9.58%	11.50%	10.13%
Return on Assets (ROA)	2.86%	3.84%	4.82%	6.50%	8.40%	7.58%	7.99%	7.43%	8.37%	8.09%
Return on Common Equity (ROCE)	5.87%	7.26%	9.00%	11.86%	15.27%	14.58%	15.75%	14.43%	15.01%	13.21%
Return on Equity Simple (ROE_SIMPLE)	5.76%	7.08%	9.06%	11.17%	14.55%	15.05%	14.84%	14.00%	13.87%	12.40%
Net Operating Profit after Tax (NOPAT)	103	95	135	164	230	227	246	240	290	277
NOPAT Margin	5.80%	5.25%	7.45%	8.08%	9.76%	9.22%	8.86%	7.94%	8.30%	7.50%
Net Nonoperating Expense Percent (NNEP)	9.74%	3.89%	15.06%	16.52%	-18.37%	-31.64%	-10.79%	-2.59%	-6.14%	0.56%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	12.04%	14.62%	12.28%
Cost of Revenue to Revenue	65.84%	66.88%	67.24%	65.49%	65.24%	67.96%	69.00%	68.21%	67.47%	68.04%
SG&A Expenses to Revenue	24.32%	24.12%	23.90%	22.96%	21.43%	19.84%	19.37%	21.17%	21.53%	22.23%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.91%	25.27%	26.74%	23.36%	108.78%	20.55%	19.76%	21.76%	21.71%	22.56%
Earnings before Interest and Taxes (EBIT)	165	142	109	239	288	283	312	304	378	351
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	208	193	152	284	339	337	369	382	455	452
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.27	1.58	1.37	1.90	2.80	2.85	3.32	3.25	3.57	3.04
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	18.03	16.80	32.19	16.51	12.75	9.71	6.77
Price to Revenue (P/Rev)	0.82	1.06	0.90	1.26	1.77	1.62	1.89	1.80	2.03	1.86
Price to Earnings (P/E)	22.01	22.34	15.10	16.98	0.00	18.91	22.39	23.21	25.73	24.53
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.54%	4.48%	6.62%	5.89%	0.00%	5.29%	4.47%	4.31%	3.89%	4.08%
Enterprise Value to Invested Capital (EV/IC)	1.21	1.52	1.31	1.93	2.92	2.86	3.65	3.51	4.03	3.89
Enterprise Value to Revenue (EV/Rev)	1.01	1.14	1.02	1.24	1.73	1.62	1.82	1.75	1.94	1.68
Enterprise Value to EBITDA (EV/EBITDA)	8.67	10.66	12.05	8.84	12.02	11.80	13.73	13.83	14.89	13.75
Enterprise Value to EBIT (EV/EBIT)	10.94	14.49	16.90	10.51	14.11	14.06	16.23	17.41	17.93	17.70
Enterprise Value to NOPAT (EV/NOPAT)	17.45	21.65	13.63	15.33	17.73	17.52	20.57	22.01	23.37	22.39
Enterprise Value to Operating Cash Flow (EV/OCF)	12.86	8.82	12.44	10.89	18.68	12.15	14.24	28.02	30.15	15.72
Enterprise Value to Free Cash Flow (EV/FCFF)	13.95	8.92	19.71	9.67	29.81	17.21	20.14	43.66	58.04	17.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.43	0.30	0.33	0.20	0.19	0.20	0.19	0.19	0.00	0.00
Long-Term Debt to Equity	0.43	0.30	0.33	0.20	0.19	0.20	0.19	0.19	0.00	0.00
Financial Leverage	0.34	0.21	0.15	0.06	-0.05	-0.04	-0.07	-0.11	-0.13	-0.23
Leverage Ratio	2.05	1.89	1.87	1.82	1.82	1.92	1.97	1.94	1.79	1.63
Compound Leverage Factor	1.32	1.70	1.50	1.59	1.82	1.79	1.88	1.90	1.70	1.63
Debt to Total Capital	30.13%	23.24%	24.95%	16.45%	15.62%	16.97%	15.80%	15.78%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	30.13%	23.24%	24.95%	16.45%	15.62%	16.97%	15.80%	15.78%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	69.87%	76.76%	75.05%	83.55%	84.38%	83.03%	84.20%	84.22%	100.00%	100.00%
Debt to EBITDA	2.38	1.89	2.60	0.93	0.81	0.85	0.81	0.82	0.00	0.00
Net Debt to EBITDA	1.66	0.77	1.35	-0.16	-0.28	-0.03	-0.54	-0.46	0.00	0.00
Long-Term Debt to EBITDA	2.38	1.89	2.60	0.93	0.81	0.85	0.81	0.82	0.00	0.00
Debt to NOPAT	4.80	3.84	2.94	1.62	1.20	1.26	1.21	1.31	0.00	0.00
Net Debt to NOPAT	3.35	1.57	1.53	-0.28	-0.41	-0.04	-0.80	-0.73	0.00	0.00
Long-Term Debt to NOPAT	4.80	3.84	2.94	1.62	1.20	1.26	1.21	1.31	0.00	0.00
Altman Z-Score	2.60	2.96	2.73	3.62	4.07	3.92	4.33	4.42	5.71	5.66
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.14	2.07	1.94	2.00	1.92	1.69	1.91	1.96	1.74	1.95
Quick Ratio	1.98	1.91	1.80	1.86	1.79	1.55	1.78	1.84	1.61	1.85
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	129	231	93	260	137	231	251	121	117	358
Operating Cash Flow to CapEx	445.62%	806.94%	461.27%	714.82%	521.07%	938.53%	517.71%	354.08%	453.65%	1,115.84%
Free Cash Flow to Firm to Interest Expense	2.18	16.10	4.31	8.31	7.96	11.42	17.83	19.77	6.07	0.00
Operating Cash Flow to Interest Expense	2.37	16.27	6.83	7.38	12.71	16.18	25.21	30.80	11.69	0.00
Operating Cash Flow Less CapEx to Interest Expense	1.84	14.25	5.35	6.35	10.27	14.45	20.34	22.10	9.11	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.77	0.81	0.81	0.87	0.91	0.89	0.94	0.96	1.06	1.07
Accounts Receivable Turnover	3.61	3.71	3.62	3.76	3.77	3.50	3.79	3.67	3.49	3.49
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	22.68	26.50	26.40	25.40	26.40	25.20	22.77	20.49	22.29	23.87
Accounts Payable Turnover	12.37	13.67	13.34	13.32	11.65	10.17	11.43	12.19	11.84	11.23
Days Sales Outstanding (DSO)	101.03	98.25	100.73	96.97	96.81	104.16	96.34	99.43	104.52	104.72
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	29.50	26.70	27.35	27.41	31.33	35.90	31.93	29.94	30.83	32.50
Cash Conversion Cycle (CCC)	71.53	71.55	73.38	69.56	65.47	68.26	64.41	69.49	73.69	72.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,493	1,357	1,398	1,302	1,395	1,391	1,386	1,505	1,678	1,598
Invested Capital Turnover	1.18	1.27	1.31	1.50	1.74	1.77	2.00	2.10	2.19	2.26
Increase / (Decrease) in Invested Capital	-26	-136	42	-96	93	-4.02	-5.37	119	173	-80
Enterprise Value (EV)	1,799	2,060	1,837	2,512	4,070	3,975	5,063	5,290	6,769	6,210
Market Capitalization	1,454	1,910	1,631	2,558	4,164	3,984	5,261	5,466	7,072	6,870
Book Value per Share	$27.35	$28.49	$31.40	$35.14	$39.57	$39.26	$46.18	$48.85	$55.80	$62.83
Tangible Book Value per Share	($2.73)	($0.58)	($1.50)	$3.70	$6.59	$3.47	$9.29	$12.45	$20.52	$28.24
Total Capital	1,642	1,573	1,588	1,614	1,765	1,686	1,880	1,997	1,981	2,258
Total Debt	495	366	396	266	276	286	297	315	0.00	0.00
Total Long-Term Debt	495	366	396	266	276	286	297	315	0.00	0.00
Net Debt	345	149	206	-46	-94	-8.82	-197	-177	-303	-660
Capital Expenditures (CapEx)	31	29	32	32	42	35	69	53	49	35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	245	189	194	171	197	165	157	249	359	227
Debt-free Net Working Capital (DFNWC)	395	405	384	483	566	460	652	741	663	888
Net Working Capital (NWC)	395	405	384	483	566	460	652	741	663	888
Net Nonoperating Expense (NNE)	37	9.60	27	13	13	16	11	4.85	15	-2.72
Net Nonoperating Obligations (NNO)	345	149	206	-46	-94	-8.82	-197	-177	-303	-660
Total Depreciation and Amortization (D&A)	43	51	44	45	50	54	57	79	77	101
Debt-free, Cash-free Net Working Capital to Revenue	13.76%	10.42%	10.73%	8.42%	8.36%	6.69%	5.67%	8.23%	10.30%	6.14%
Debt-free Net Working Capital to Revenue	22.18%	22.36%	21.23%	23.81%	24.06%	18.67%	23.48%	24.47%	18.99%	24.00%
Net Working Capital to Revenue	22.18%	22.36%	21.23%	23.81%	24.06%	18.67%	23.48%	24.47%	18.99%	24.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.62	$2.09	$2.79	$4.06	$5.89	$5.92	$7.02	$6.99	$8.10	$7.96
Adjusted Weighted Average Basic Shares Outstanding	41.23M	41.20M	37.44M	37.86M	37.49M	34.24M	34.35M	33.93M	35.53M	35.92M
Adjusted Diluted Earnings per Share	$1.58	$2.05	$2.75	$3.93	$5.69	$5.67	$6.65	$6.58	$7.71	$7.81
Adjusted Weighted Average Diluted Shares Outstanding	41.23M	41.20M	37.44M	37.86M	37.49M	34.24M	34.35M	33.93M	35.53M	35.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	41.23M	41.20M	37.44M	37.86M	37.49M	34.24M	34.35M	33.93M	35.53M	35.92M
Normalized Net Operating Profit after Tax (NOPAT)	102	95	76	164	230	227	246	240	290	277
Normalized NOPAT Margin	5.75%	5.25%	4.21%	8.08%	9.76%	9.22%	8.86%	7.94%	8.30%	7.50%
Pre Tax Income Margin	5.92%	7.06%	4.82%	10.25%	12.26%	10.66%	10.73%	9.83%	10.27%	9.48%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.78	9.90	5.03	7.65	16.82	13.98	22.13	49.58	19.67	0.00
NOPAT to Interest Expense	1.74	6.63	6.24	5.24	13.39	11.22	17.45	39.22	15.09	0.00
EBIT Less CapEx to Interest Expense	2.25	7.89	3.55	6.62	14.39	12.26	17.26	40.88	17.09	0.00
NOPAT Less CapEx to Interest Expense	1.21	4.61	4.76	4.21	10.95	9.50	12.58	30.52	12.51	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	40.17%	25.13%	155.70%	37.01%	48.82%	167.83%	19.63%	36.27%	7.63%	3.65%

This table displays calculated financial ratios and metrics derived from FTI Consulting's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.49%	14.52%	11.48%	14.52%	15.13%	19.40%	15.10%	9.78%	3.67%	-3.22%
EBITDA Growth	-3.62%	77.01%	-13.09%	30.59%	20.46%	34.79%	40.77%	15.06%	-13.83%	-24.38%
EBIT Growth	-1.04%	42.38%	-15.74%	36.94%	22.79%	58.31%	49.15%	17.34%	-15.61%	-54.14%
NOPAT Growth	4.89%	30.28%	-17.59%	27.54%	13.74%	67.88%	57.62%	30.84%	-17.82%	-51.89%
Net Income Growth	11.21%	24.31%	-19.85%	21.33%	7.83%	71.87%	68.18%	34.54%	-20.23%	-39.11%
EPS Growth	9.69%	24.07%	-19.28%	22.38%	8.84%	70.15%	66.42%	33.71%	-20.94%	-39.04%
Operating Cash Flow Growth	-34.86%	14.87%	-24.75%	-131.37%	-16.85%	67.07%	-8.11%	1,330.00%	105.65%	-17.67%
Free Cash Flow Firm Growth	-244.45%	-238.06%	-575.86%	-1,142.69%	-507.92%	-26.08%	17.74%	119.29%	164.54%	251.76%
Invested Capital Growth	7.31%	8.60%	9.71%	14.38%	19.36%	11.49%	9.36%	2.63%	-4.23%	-4.79%
Revenue Q/Q Growth	2.76%	-0.18%	4.17%	7.18%	3.32%	3.52%	0.42%	2.22%	-2.44%	-3.36%
EBITDA Q/Q Growth	28.80%	15.86%	-6.39%	27.58%	18.80%	29.65%	-12.77%	4.28%	-11.03%	13.78%
EBIT Q/Q Growth	35.39%	-17.16%	-8.06%	32.79%	21.41%	6.80%	-13.38%	4.48%	-12.68%	-41.97%
NOPAT Q/Q Growth	42.74%	-25.43%	-6.41%	28.02%	27.30%	10.06%	-12.13%	6.27%	-20.04%	-35.57%
Net Income Q/Q Growth	50.24%	-38.53%	0.10%	31.23%	33.53%	-2.02%	-2.04%	4.98%	-20.82%	-25.21%
EPS Q/Q Growth	50.35%	-37.67%	0.00%	30.60%	33.71%	-2.56%	-2.19%	4.93%	-20.94%	-24.86%
Operating Cash Flow Q/Q Growth	266.06%	78.68%	-210.89%	95.68%	1,070.30%	259.02%	-171.76%	149.21%	62.23%	43.73%
Free Cash Flow Firm Q/Q Growth	-168.03%	-69.22%	-72.98%	-58.39%	-31.12%	64.90%	-12.85%	137.14%	338.76%	-17.47%
Invested Capital Q/Q Growth	-3.37%	-7.79%	22.44%	4.84%	0.84%	-13.87%	20.09%	-1.61%	-5.91%	-14.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.12%	32.06%	31.39%	31.98%	32.96%	33.62%	32.58%	32.81%	32.17%	30.18%
EBITDA Margin	12.82%	14.89%	9.80%	11.67%	13.42%	16.80%	11.99%	12.23%	11.15%	13.13%
Operating Margin	11.30%	9.38%	8.28%	10.26%	11.98%	12.44%	10.73%	10.97%	9.82%	5.89%
EBIT Margin	11.30%	9.38%	8.28%	10.26%	12.06%	12.44%	10.73%	10.97%	9.82%	5.89%
Profit (Net Income) Margin	9.96%	6.13%	5.89%	7.22%	9.33%	8.83%	8.61%	8.84%	7.18%	5.55%
Tax Burden Percent	82.99%	74.71%	76.05%	73.32%	77.36%	79.23%	80.37%	81.75%	74.86%	83.12%
Interest Burden Percent	106.15%	87.50%	93.59%	95.94%	100.00%	89.58%	99.86%	98.65%	97.68%	113.39%
Effective Tax Rate	17.01%	25.29%	23.95%	26.68%	22.64%	20.77%	19.63%	18.25%	25.14%	16.88%
Return on Invested Capital (ROIC)	17.44%	14.69%	11.13%	13.38%	17.29%	21.60%	16.14%	16.93%	14.37%	11.06%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.80%	18.31%	7.51%	10.68%	18.74%	25.56%	15.88%	24.76%	15.41%	9.84%
Return on Net Nonoperating Assets (RNNOA)	0.09%	-2.10%	0.40%	0.61%	0.38%	-3.35%	0.35%	-0.18%	-1.13%	-2.24%
Return on Equity (ROE)	17.53%	12.59%	11.53%	13.99%	17.67%	18.26%	16.49%	16.74%	13.23%	8.82%
Cash Return on Invested Capital (CROIC)	7.36%	8.38%	3.77%	0.04%	-3.52%	7.33%	7.60%	14.73%	21.34%	21.84%
Operating Return on Assets (OROA)	10.88%	8.96%	8.52%	10.58%	12.58%	13.22%	12.06%	12.27%	10.71%	6.30%
Return on Assets (ROA)	9.59%	5.86%	6.06%	7.44%	9.73%	9.38%	9.68%	9.90%	7.83%	5.94%
Return on Common Equity (ROCE)	17.53%	12.59%	11.53%	13.99%	17.67%	18.26%	16.49%	16.74%	13.23%	8.82%
Return on Equity Simple (ROE_SIMPLE)	13.76%	0.00%	13.00%	13.07%	12.91%	0.00%	14.96%	15.30%	13.85%	0.00%
Net Operating Profit after Tax (NOPAT)	73	54	51	65	83	91	80	85	68	44
NOPAT Margin	9.38%	7.01%	6.30%	7.52%	9.27%	9.86%	8.62%	8.97%	7.35%	4.90%
Net Nonoperating Expense Percent (NNEP)	25.24%	-3.63%	3.62%	2.70%	-1.46%	-3.96%	0.27%	-7.84%	-1.04%	1.22%
Return On Investment Capital (ROIC_SIMPLE)	-	2.72%	-	-	-	4.60%	-	-	-	1.94%
Cost of Revenue to Revenue	67.88%	67.94%	68.61%	68.02%	67.04%	66.38%	67.42%	67.19%	67.83%	69.82%
SG&A Expenses to Revenue	20.52%	21.30%	22.84%	21.56%	20.83%	21.05%	21.74%	21.73%	22.25%	23.25%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.82%	22.68%	23.11%	21.72%	20.98%	21.18%	21.85%	21.84%	22.36%	24.28%
Earnings before Interest and Taxes (EBIT)	88	73	67	89	108	115	100	104	91	53
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	99	115	79	101	120	155	111	116	103	118
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.48	3.25	3.89	3.60	3.26	3.57	3.63	3.58	3.63	3.04
Price to Tangible Book Value (P/TBV)	14.08	12.75	14.29	11.91	9.81	9.71	9.28	8.55	8.22	6.77
Price to Revenue (P/Rev)	1.95	1.80	2.15	2.01	1.82	2.03	2.07	2.08	2.19	1.86
Price to Earnings (P/E)	6.91	23.21	29.92	27.54	25.22	25.73	24.30	23.40	26.18	24.53
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	14.46%	4.31%	3.34%	3.63%	3.97%	3.89%	4.12%	4.27%	3.82%	4.08%
Enterprise Value to Invested Capital (EV/IC)	3.50	3.51	3.70	3.42	3.16	4.03	3.69	3.80	4.17	3.89
Enterprise Value to Revenue (EV/Rev)	1.95	1.75	2.19	2.05	1.84	1.94	2.06	2.04	2.09	1.68
Enterprise Value to EBITDA (EV/EBITDA)	17.19	13.83	20.07	18.14	16.05	14.89	16.19	15.88	16.99	13.75
Enterprise Value to EBIT (EV/EBIT)	20.23	17.41	23.39	20.89	18.36	17.93	18.10	17.68	19.00	17.70
Enterprise Value to NOPAT (EV/NOPAT)	25.13	22.01	29.69	27.09	24.32	23.37	23.29	22.20	23.99	22.39
Enterprise Value to Operating Cash Flow (EV/OCF)	35.89	28.02	49.27	71.49	87.05	30.15	36.44	21.50	16.82	15.72
Enterprise Value to Free Cash Flow (EV/FCFF)	49.19	43.66	102.57	9,453.47	0.00	58.04	50.69	26.11	19.13	17.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.19	0.19	0.21	0.19	0.15	0.00	0.10	0.03	0.00	0.00
Long-Term Debt to Equity	0.19	0.19	0.21	0.19	0.15	0.00	0.10	0.03	0.00	0.00
Financial Leverage	-0.01	-0.11	0.05	0.06	0.02	-0.13	0.02	-0.01	-0.07	-0.23
Leverage Ratio	1.91	1.94	1.81	1.82	1.82	1.79	1.70	1.67	1.66	1.63
Compound Leverage Factor	2.03	1.70	1.69	1.75	1.82	1.61	1.70	1.65	1.62	1.85
Debt to Total Capital	16.06%	15.78%	17.32%	15.95%	13.26%	0.00%	9.07%	2.72%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	16.06%	15.78%	17.32%	15.95%	13.26%	0.00%	9.07%	2.72%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	83.94%	84.22%	82.68%	84.05%	86.74%	100.00%	90.93%	97.28%	100.00%	100.00%
Debt to EBITDA	0.95	0.82	1.06	0.94	0.74	0.00	0.45	0.13	0.00	0.00
Net Debt to EBITDA	-0.04	-0.46	0.36	0.38	0.22	0.00	-0.08	-0.35	0.00	0.00
Long-Term Debt to EBITDA	0.95	0.82	1.06	0.94	0.74	0.00	0.45	0.13	0.00	0.00
Debt to NOPAT	1.39	1.31	1.57	1.40	1.13	0.00	0.64	0.18	0.00	0.00
Net Debt to NOPAT	-0.05	-0.73	0.53	0.56	0.33	0.00	-0.12	-0.49	0.00	0.00
Long-Term Debt to NOPAT	1.39	1.31	1.57	1.40	1.13	0.00	0.64	0.18	0.00	0.00
Altman Z-Score	4.57	4.19	5.15	4.90	4.79	5.45	5.97	6.28	6.26	5.38
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.15	1.96	2.51	2.30	2.21	1.74	2.46	2.20	2.08	1.95
Quick Ratio	2.01	1.84	2.33	2.13	2.03	1.61	2.30	2.05	1.96	1.85
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-38	-65	-112	-178	-233	-82	-92	34	151	124
Operating Cash Flow to CapEx	964.75%	1,593.67%	-1,411.31%	-99.81%	751.39%	6,122.88%	-5,922.80%	1,344.19%	3,120.98%	2,305.10%
Free Cash Flow to Firm to Interest Expense	0.00	-7.15	-26.24	-49.33	0.00	-6.83	-669.48	24.33	71.48	0.00
Operating Cash Flow to Interest Expense	0.00	25.25	-59.38	-3.05	0.00	31.96	-1,991.43	95.91	104.17	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	23.66	-63.59	-6.10	0.00	31.44	-2,025.06	88.77	100.83	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.96	0.96	1.03	1.03	1.04	1.06	1.12	1.12	1.09	1.07
Accounts Receivable Turnover	3.33	3.67	3.43	3.15	3.10	3.49	3.37	3.17	3.12	3.49
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	21.12	20.49	20.45	20.86	21.57	22.29	22.86	23.30	23.65	23.87
Accounts Payable Turnover	12.15	12.19	12.13	12.99	13.10	11.84	12.01	13.95	13.46	11.23
Days Sales Outstanding (DSO)	109.47	99.43	106.27	115.77	117.79	104.52	108.44	114.99	117.06	104.72
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	30.05	29.94	30.09	28.09	27.86	30.83	30.38	26.16	27.12	32.50
Cash Conversion Cycle (CCC)	79.41	69.49	76.18	87.68	89.93	73.69	78.05	88.83	89.94	72.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,632	1,505	1,843	1,932	1,948	1,678	2,015	1,983	1,866	1,598
Invested Capital Turnover	1.86	2.10	1.77	1.78	1.87	2.19	1.87	1.89	1.96	2.26
Increase / (Decrease) in Invested Capital	111	119	163	243	316	173	172	51	-82	-80
Enterprise Value (EV)	5,711	5,290	6,817	6,600	6,155	6,769	7,428	7,527	7,784	6,210
Market Capitalization	5,724	5,466	6,695	6,463	6,071	7,072	7,467	7,694	8,170	6,870
Book Value per Share	$47.61	$48.85	$50.73	$52.83	$54.79	$55.80	$57.55	$60.21	$62.73	$62.83
Tangible Book Value per Share	$11.77	$12.45	$13.81	$15.97	$18.19	$20.52	$22.53	$25.21	$27.70	$28.24
Total Capital	1,959	1,997	2,081	2,136	2,149	1,981	2,259	2,209	2,252	2,258
Total Debt	315	315	361	341	285	0.00	205	60	0.00	0.00
Total Long-Term Debt	315	315	361	341	285	0.00	205	60	0.00	0.00
Net Debt	-12	-177	122	137	84	-303	-39	-166	-386	-660
Capital Expenditures (CapEx)	13	14	18	11	14	6.26	4.64	10	7.03	14
Debt-free, Cash-free Net Working Capital (DFCFNWC)	417	249	575	632	658	359	673	629	506	227
Debt-free Net Working Capital (DFNWC)	744	741	814	836	859	663	917	855	893	888
Net Working Capital (NWC)	744	741	814	836	859	663	917	855	893	888
Net Nonoperating Expense (NNE)	-4.48	6.78	3.26	2.64	-0.52	9.49	0.11	1.15	1.58	-5.87
Net Nonoperating Obligations (NNO)	-12	-177	122	137	84	-303	-39	-166	-386	-660
Total Depreciation and Amortization (D&A)	12	43	12	12	12	40	12	12	12	65
Debt-free, Cash-free Net Working Capital to Revenue	14.24%	8.23%	18.49%	19.62%	19.69%	10.30%	18.64%	17.02%	13.58%	6.14%
Debt-free Net Working Capital to Revenue	25.40%	24.47%	26.16%	25.94%	25.72%	18.99%	25.39%	23.14%	23.95%	24.00%
Net Working Capital to Revenue	25.40%	24.47%	26.16%	25.94%	25.72%	18.99%	25.39%	23.14%	23.95%	24.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.29	$1.42	$1.43	$1.87	$2.44	$2.36	$2.29	$2.38	$1.88	$1.41
Adjusted Weighted Average Basic Shares Outstanding	34.42M	33.93M	33.98M	34.03M	35.51M	35.53M	35.70M	35.90M	35.94M	35.92M
Adjusted Diluted Earnings per Share	$2.15	$1.34	$1.34	$1.75	$2.34	$2.28	$2.23	$2.34	$1.85	$1.39
Adjusted Weighted Average Diluted Shares Outstanding	34.42M	33.93M	33.98M	34.03M	35.51M	35.53M	35.70M	35.90M	35.94M	35.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	34.42M	33.93M	33.98M	34.03M	35.51M	35.53M	35.70M	35.90M	35.94M	35.92M
Normalized Net Operating Profit after Tax (NOPAT)	73	54	51	65	83	91	80	85	68	44
Normalized NOPAT Margin	9.38%	7.01%	6.30%	7.52%	9.27%	9.86%	8.62%	8.97%	7.35%	4.90%
Pre Tax Income Margin	12.00%	8.21%	7.75%	9.84%	12.06%	11.14%	10.72%	10.82%	9.59%	6.68%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	8.00	15.60	24.60	0.00	9.60	721.98	73.82	43.16	0.00
NOPAT to Interest Expense	0.00	5.98	11.87	18.04	0.00	7.60	580.26	60.35	32.31	0.00
EBIT Less CapEx to Interest Expense	0.00	6.42	11.40	21.55	0.00	9.08	688.36	66.69	39.82	0.00
NOPAT Less CapEx to Interest Expense	0.00	4.39	7.66	14.98	0.00	7.08	546.64	53.22	28.97	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	10.40%	36.27%	46.17%	44.02%	34.42%	7.63%	0.00%	0.00%	0.00%	3.65%

Frequently Asked Questions About FTI Consulting's Financials

When does FTI Consulting's fiscal year end?

According to the most recent income statement we have on file, FTI Consulting's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has FTI Consulting's net income changed over the last 9 years?

FTI Consulting's net income appears to be on an upward trend, with a most recent value of $280.09 million in 2024, rising from $66.05 million in 2015. The previous period was $274.89 million in 2023.

What is FTI Consulting's operating income?

FTI Consulting's total operating income in 2024 was $347.36 million, based on the following breakdown:

Total Gross Profit: $1.18 billion
Total Operating Expenses: $834.56 million

How has FTI Consulting revenue changed over the last 9 years?

Over the last 9 years, FTI Consulting's total revenue changed from $1.78 billion in 2015 to $3.70 billion in 2024, a change of 107.9%.

How much debt does FTI Consulting have?

FTI Consulting's total liabilities were at $1.34 billion at the end of 2024, a 0.4% decrease from 2023, and a 23.8% increase since 2015.

How much cash does FTI Consulting have?

In the past 9 years, FTI Consulting's cash and equivalents has ranged from $149.76 million in 2015 to $660.49 million in 2024, and is currently $660.49 million as of their latest financial filing in 2024.

How has FTI Consulting's book value per share changed over the last 9 years?

Over the last 9 years, FTI Consulting's book value per share changed from 27.35 in 2015 to 62.83 in 2024, a change of 129.7%.

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This page (NYSE:FCN) was last updated on 4/16/2025 by MarketBeat.com Staff

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FTI Consulting (FCN) Financials

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FTI Consulting (FCN) Financials

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