Saturday 17 October 2026
Export FCN’s income statement to Excel — free account
FTI Consulting, Inc.
FCN Industrials Consulting Services
FTI Consulting, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 2.44% from fiscal 2024. In the quarter to June 2026, revenue grew 5.28%, EPS fell 6.94%, free cash flow grew 268.5% and total debt rose 116.9%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
148.53
2.29
+1.57%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
21.22 | 15.16 | 16.41 | 18.79 | 18.84 | 21.85 | 23.16 | 24.37 | 24.01 | 20.46 |
Piotroski F-Score |
6 | 5 | 9 | 8 | 5 | 8 | 6 | 6 | 6 | 5 |
Altman Z-Score |
2.92 | 2.75 | 3.55 | 4.05 | 3.91 | 4.28 | 4.38 | 5.57 | 5.59 | 4.28 |
P/S ratio |
1.01 | 0.94 | 1.22 | 1.73 | 1.62 | 1.85 | 1.80 | 1.91 | 1.82 | 1.47 |
P/FCF ratio |
8.92 | 14.66 | 12.46 | 23.11 | 13.61 | 17.91 | 40.26 | 38.17 | 18.71 | 59.37 |
Altman Z″-Score (non-manufacturers) |
4.25 | 4.12 | 4.98 | 4.94 | 4.60 | 4.94 | 5.13 | 5.69 | 6.21 | 4.54 |
Beneish M-Score |
(2.81) | (2.46) | (2.59) | (2.28) | (2.61) | (2.57) | (2.32) | (2.16) | (2.73) | (2.41) |
P/Operating CF |
14.97 | 13.72 | 17.12 | 28.86 | 21.37 | 25.75 | 23.79 | 17.44 | 21.34 | 15.45 |
P/B ratio |
1.51 | 1.42 | 1.83 | 2.73 | 2.84 | 3.25 | 3.24 | 3.37 | 2.98 | 3.21 |
Price to Tangible BV |
0.00 | 0.00 | 17.43 | 16.41 | 32.14 | 16.13 | 12.73 | 9.17 | 6.63 | 11.64 |
EV/Sales |
1.10 | 1.06 | 1.34 | 1.82 | 1.73 | 1.89 | 1.84 | 1.99 | 1.74 | 1.57 |
EV/EBITDA |
10.28 | 12.55 | 10.04 | 12.01 | 12.66 | 14.20 | 14.58 | 15.32 | 14.37 | 11.63 |
EV/Operating CF |
8.50 | 12.96 | 11.80 | 19.61 | 13.04 | 14.73 | 29.53 | 30.89 | 16.26 | 39.14 |
EV/FCF |
9.71 | 16.54 | 13.72 | 24.27 | 14.60 | 18.26 | 41.15 | 39.62 | 17.86 | 63.61 |
Quick Ratio |
1.83 | 1.74 | 1.80 | 1.74 | 1.50 | 1.74 | 1.80 | 1.60 | 1.80 | 1.34 |
Current Ratio |
2.07 | 1.94 | 2.00 | 1.92 | 1.69 | 1.91 | 1.96 | 1.74 | 1.95 | 1.56 |
Net Debt/EBITDA |
0.77 | 1.35 | (0.17) | (0.26) | (0.03) | (0.53) | (0.46) | (0.73) | (1.48) | 0.20 |
Debt/Assets |
16.43% | 17.56% | 11.16% | 9.90% | 10.30% | 9.58% | 9.72% | 0.00% | 0.00% | 10.46% |
Debt/Equity |
0.30 | 0.33 | 0.20 | 0.19 | 0.20 | 0.19 | 0.19 | 0.00 | 0.00 | 0.21 |
Asset Turnover |
0.81 | 0.81 | 0.87 | 0.91 | 0.89 | 0.94 | 0.96 | 1.06 | 1.07 | 1.07 |
Operating CF/Net income |
2.73 | 1.37 | 1.53 | 1.01 | 1.55 | 1.51 | 0.80 | 0.82 | 1.41 | 0.56 |
Capex/Depreciation |
(0.57) | (0.73) | (0.71) | (0.83) | (0.64) | (1.21) | (0.68) | (0.66) | (0.36) | (0.48) |
Interest Coverage |
5.73 | 4.29 | 8.32 | 15.91 | 14.27 | 15.38 | 30.25 | 26.35 | 49.97 | 18.18 |
| 7.26% | 9.00% | 11.86% | 15.27% | 14.58% | 15.75% | 14.43% | 15.01% | 13.21% | 13.57% | |
| 3.84% | 4.82% | 6.50% | 8.40% | 7.58% | 7.99% | 7.43% | 8.37% | 8.09% | 7.64% | |
ROIC |
6.55% | 4.86% | 10.85% | 13.69% | 12.70% | 14.07% | 12.62% | 14.28% | 13.59% | 13.26% |
Return on Tangible Assets |
18.33% | 23.52% | 26.55% | 32.85% | 37.54% | 29.59% | 26.33% | 33.43% | 26.98% | 38.06% |
Average Days of Receivables |
95.75 | 105.57 | 99.82 | 107.57 | 105.49 | 99.15 | 107.99 | 115.29 | 100.68 | 99.96 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
24.12% | 23.90% | 22.96% | 21.43% | 19.84% | 19.37% | 21.17% | 21.53% | 22.23% | 21.10% |
Intangible Assets out of Total Assets |
0.55 | 0.55 | 0.51 | 0.45 | 0.46 | 0.41 | 0.39 | 0.38 | 0.35 | 0.36 |
Share Based Compensation of Revenue |
0.93% | 0.89% | 0.77% | 0.76% | 0.93% | 0.83% | 0.84% | 0.85% | 1.04% | 1.04% |
Graham Net Nets |
(0.13) | (0.16) | (0.03) | (0.03) | (0.06) | (0.03) | (0.01) | 0.03 | 0.07 | (0.04) |
Graham Number |
37.33 | 44.75 | 57.63 | 73.26 | 72.44 | 86.42 | 88.60 | 103.05 | 107.18 | 100.06 |
Earnings Yield |
4.71% | 6.60% | 6.09% | 5.32% | 5.31% | 4.58% | 4.32% | 4.10% | 4.16% | 4.89% |
Free Cash Flow Yield |
11.21% | 6.82% | 8.03% | 4.33% | 7.35% | 5.58% | 2.48% | 2.62% | 5.35% | 1.68% |
Revenue per Share |
44.22 | 46.72 | 54.66 | 63.98 | 69.13 | 82.90 | 89.90 | 102.85 | 105.05 | 116.47 |
Operating CF per Share |
5.70 | 3.81 | 6.22 | 5.93 | 9.19 | 10.61 | 5.60 | 6.62 | 11.22 | 4.68 |
Capex per Share |
(0.71) | (0.83) | (0.87) | (1.14) | (0.98) | (2.05) | (1.58) | (1.46) | (1.01) | (1.80) |
Free Cash Flow per Share |
5.00 | 2.99 | 5.35 | 4.79 | 8.21 | 8.56 | 4.02 | 5.16 | 10.22 | 2.88 |
Cash per Share |
5.28 | 4.91 | 8.41 | 10.04 | 8.28 | 14.77 | 14.59 | 9.69 | 18.76 | 8.15 |
Shareholders Equity per Share |
29.49 | 30.80 | 36.36 | 40.49 | 39.33 | 47.28 | 49.91 | 58.41 | 64.14 | 53.29 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
29.49 | 30.80 | 36.36 | 40.49 | 39.33 | 47.28 | 49.91 | 58.41 | 64.14 | 53.29 |
Free Cash Flow |
204.55 | 115.62 | 198.40 | 176.07 | 292.22 | 286.82 | 135.48 | 174.98 | 359.69 | 93.60 |
Working Capital |
404.72 | 383.85 | 482.78 | 566.12 | 459.54 | 651.91 | 741.11 | 662.68 | 887.76 | 542.44 |
Capital Expenditures |
(28.93) | (32.00) | (32.27) | (41.81) | (34.85) | (68.66) | (53.32) | (49.48) | (35.41) | (58.53) |
Net Current Asset Value |
(234.84) | (271.09) | (64.94) | (115.34) | (247.47) | (147.56) | (49.08) | 211.00 | 480.97 | (239.17) |
EV/EBIT |
13.96 | 17.59 | 12.05 | 13.98 | 15.09 | 16.78 | 18.35 | 18.36 | 18.50 | 15.30 |
Capex to Sales |
0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 |
Price to Operating Income |
12.84 | 15.59 | 10.94 | 13.32 | 14.07 | 16.47 | 17.95 | 17.69 | 19.37 | 14.28 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.82 | 0.58 | 0.53 | 0.54 | 0.53 | 0.40 | 0.51 | 0.47 | 0.66 | 0.73 |
Cash ROIC |
11.43% | 6.50% | 10.30% | 8.25% | 14.75% | 12.08% | 5.44% | 7.57% | 12.32% | 3.96% |
Accounts Receivable Turnover |
3.71 | 3.62 | 3.76 | 3.77 | 3.50 | 3.79 | 3.67 | 3.49 | 3.49 | 3.68 |
Accounts Payable Turnover |
13.67 | 13.34 | 13.32 | 11.65 | 10.17 | 11.43 | 12.19 | 11.84 | 11.23 | 11.94 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
26.32 | 28.49 | 28.75 | 37.80 | 37.11 | 31.45 | 30.73 | 34.69 | 32.54 | 29.28 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
487.34 | 498.89 | 538.74 | 623.99 | 702.36 | 732.74 | 825.14 | 999.15 | 1,061.16 | 1,028.93 |
Average Payables |
88.58 | 91.10 | 99.74 | 131.77 | 164.50 | 167.55 | 169.49 | 198.86 | 224.08 | 215.32 |
Average Assets |
2,227.19 | 2,241.30 | 2,318.18 | 2,581.13 | 2,780.25 | 2,939.14 | 3,171.16 | 3,283.64 | 3,461.35 | 3,543.68 |
Average Common Equity |
1,177.48 | 1,199.66 | 1,270.40 | 1,418.98 | 1,444.66 | 1,491.75 | 1,632.52 | 1,831.57 | 2,119.86 | 1,996.01 |
Columns are period end dates