This page shows Fti Consulting Inc (FCN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Fti Consulting Inc has an operating margin of 10.3%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 45/100, indicating healthy but not exceptional operating efficiency. This is up from 9.4% the prior year.
Fti Consulting Inc's revenue grew a modest 2.4% year-over-year to $3.8B. This slow but positive growth earns a score of 37/100.
Fti Consulting Inc carries a low D/E ratio of 0.21, meaning only $0.21 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
Fti Consulting Inc's current ratio of 1.56 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 27/100, which could limit financial flexibility.
Fti Consulting Inc has a free cash flow margin of 2.5%, earning a moderate score of 31/100. The company generates positive cash flow after capital investments, but with room for improvement.
Fti Consulting Inc's ROE of 15.6% shows moderate profitability relative to equity, earning a score of 46/100. This is up from 12.4% the prior year.
Fti Consulting Inc scores 4.31, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Fti Consulting Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Fti Consulting Inc generates $0.56 in operating cash flow ($152.1M OCF vs $270.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Fti Consulting Inc earns $18.2 in operating income for every $1 of interest expense ($389.1M vs $21.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Fti Consulting Inc generated $3.8B in revenue in fiscal year 2025. This represents an increase of 2.4% from the prior year.
Fti Consulting Inc's EBITDA was $434.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 11.1% from the prior year.
Fti Consulting Inc reported $270.9M in net income in fiscal year 2025. This represents a decrease of 3.3% from the prior year.
Fti Consulting Inc earned $8.24 per diluted share (EPS) in fiscal year 2025. This represents an increase of 5.5% from the prior year.
Cash & Balance Sheet
Fti Consulting Inc generated $93.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 74.0% from the prior year.
Fti Consulting Inc held $265.1M in cash against $365.0M in long-term debt as of fiscal year 2025.
Fti Consulting Inc had 31M shares outstanding in fiscal year 2025. This represents a decrease of 14.1% from the prior year.
Margins & Returns
Fti Consulting Inc's gross margin was 32.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the prior year.
Fti Consulting Inc's operating margin was 10.3% in fiscal year 2025, reflecting core business profitability. This is up 0.9 percentage points from the prior year.
Fti Consulting Inc's net profit margin was 7.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
Fti Consulting Inc's ROE was 15.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.2 percentage points from the prior year.
Capital Allocation
Fti Consulting Inc spent $858.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 8304.4% from the prior year.
Fti Consulting Inc invested $58.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 65.3% from the prior year.
FCN Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $990.7M+3.6% | $956.2M+1.3% | $943.7M+5.1% | $898.3M+0.4% | $894.9M-3.4% | $926.0M-2.4% | $949.2M+2.2% | $928.6M |
| Cost of Revenue | $683.1M+7.0% | $638.2M-0.5% | $641.1M+5.3% | $608.9M-2.6% | $624.9M-0.5% | $628.1M-1.5% | $637.7M+1.9% | $626.0M |
| Gross Profit | $307.7M-3.2% | $317.9M+5.1% | $302.5M+4.6% | $289.4M+7.1% | $270.1M-9.4% | $297.9M-4.3% | $311.4M+2.9% | $302.5M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $213.6M+7.1% | $199.5M-1.3% | $202.2M+9.7% | $184.3M-11.4% | $208.1M+1.0% | $206.0M-0.1% | $206.2M+2.2% | $201.9M |
| Operating Income | $93.4M-20.6% | $117.7M+18.5% | $99.3M+26.1% | $78.7M+49.2% | $52.7M-42.0% | $90.9M-12.7% | $104.1M+4.5% | $99.6M |
| Interest Expense | $7.5M-1.3% | $7.6M+45.2% | $5.3M+443.1% | $968K+35.2% | $716K-40.2% | $1.2M-63.9% | $3.3M+93.1% | $1.7M |
| Income Tax | $32.2M+11.5% | $28.9M+42.8% | $20.2M+7.9% | $18.8M+85.7% | $10.1M-54.8% | $22.3M+19.1% | $18.7M-4.1% | $19.5M |
| Net Income | $54.5M-34.2% | $82.8M+15.5% | $71.7M+16.0% | $61.8M+24.4% | $49.7M-25.2% | $66.5M-20.8% | $83.9M+5.0% | $80.0M |
| EPS (Diluted) | N/A | $2.60+22.1% | $2.13+22.4% | $1.74 | N/A | $1.85-20.9% | $2.34+4.9% | $2.23 |
FCN Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.5B0.0% | $3.5B-0.1% | $3.5B+4.4% | $3.3B-6.9% | $3.6B+2.3% | $3.5B+4.8% | $3.4B+1.0% | $3.3B |
| Current Assets | $1.5B+1.3% | $1.5B-0.3% | $1.5B+5.2% | $1.4B-21.5% | $1.8B+6.0% | $1.7B+9.4% | $1.6B+1.6% | $1.5B |
| Cash & Equivalents | $265.1M+81.6% | $146.0M-4.5% | $152.8M+1.1% | $151.1M-77.1% | $660.5M+71.0% | $386.3M+70.6% | $226.4M-7.2% | $244.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.0B-9.0% | $1.1B+1.2% | $1.1B+2.8% | $1.1B+7.4% | $1.0B-13.9% | $1.2B-0.5% | $1.2B+2.9% | $1.2B |
| Goodwill | $1.2B+0.1% | $1.2B-0.1% | $1.2B+0.9% | $1.2B+0.4% | $1.2B-1.1% | $1.2B+0.8% | $1.2B0.0% | $1.2B |
| Total Liabilities | $1.8B+1.0% | $1.7B+9.1% | $1.6B+33.1% | $1.2B-10.5% | $1.3B+5.8% | $1.3B+4.7% | $1.2B-4.9% | $1.3B |
| Current Liabilities | $975.2M+20.5% | $809.0M+13.4% | $713.5M+12.0% | $637.3M-31.6% | $931.8M+13.2% | $823.2M+15.3% | $713.9M+13.7% | $627.7M |
| Long-Term Debt | $365.0M-28.4% | $510.0M+8.5% | $470.0M+193.8% | $160.0M | $0 | N/A | $60.0M-70.7% | $205.0M |
| Total Equity | $1.7B-0.9% | $1.7B-7.9% | $1.9B-11.6% | $2.1B-4.8% | $2.3B+0.3% | $2.3B+4.8% | $2.1B+4.6% | $2.1B |
| Retained Earnings | $1.9B-1.1% | $1.9B-7.2% | $2.0B-12.3% | $2.3B-3.5% | $2.4B+2.1% | $2.3B+2.9% | $2.3B+3.8% | $2.2B |
FCN Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $359.8M+78.2% | $201.9M+262.5% | $55.7M+112.0% | -$465.2M-247.5% | $315.3M+43.7% | $219.4M+62.2% | $135.2M+149.2% | -$274.8M |
| Capital Expenditures | $8.4M-43.8% | $14.9M-14.4% | $17.4M-2.1% | $17.8M+30.1% | $13.7M+94.6% | $7.0M-30.1% | $10.1M+116.8% | $4.6M |
| Free Cash Flow | $351.4M+87.9% | $187.0M+388.6% | $38.3M+107.9% | -$483.0M-260.1% | $301.6M+42.0% | $212.3M+69.7% | $125.2M+144.8% | -$279.5M |
| Investing Cash Flow | -$8.4M+43.8% | -$14.9M+14.4% | -$17.4M+2.1% | -$17.8M-30.1% | -$13.7M-94.6% | -$7.0M+30.1% | -$10.1M-148.8% | $20.6M |
| Financing Cash Flow | -$233.2M-20.8% | -$193.1M-272.1% | -$51.9M-60.7% | -$32.3M-207.3% | -$10.5M+83.4% | -$63.2M+55.0% | -$140.3M-170.6% | $198.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $87.8M-62.5% | $234.2M-33.8% | $354.0M+93.8% | $182.6M+1687.6% | $10.2M | $0 | $0 | $0 |
FCN Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.1%-2.2pp | 33.3%+1.2pp | 32.1%-0.2pp | 32.2%+2.0pp | 30.2%-2.0pp | 32.2%-0.6pp | 32.8%+0.2pp | 32.6% |
| Operating Margin | 9.4%-2.9pp | 12.3%+1.8pp | 10.5%+1.8pp | 8.8%+2.9pp | 5.9%-3.9pp | 9.8%-1.2pp | 11.0%+0.2pp | 10.7% |
| Net Margin | 5.5%-3.2pp | 8.7%+1.1pp | 7.6%+0.7pp | 6.9%+1.3pp | 5.5%-1.6pp | 7.2%-1.7pp | 8.8%+0.2pp | 8.6% |
| Return on Equity | 3.1%-1.6pp | 4.7%+1.0pp | 3.8%+0.9pp | 2.9%+0.7pp | 2.2%-0.8pp | 2.9%-1.0pp | 3.9%+0.0pp | 3.9% |
| Return on Assets | 1.6%-0.8pp | 2.4%+0.3pp | 2.1%+0.2pp | 1.8%+0.5pp | 1.4%-0.5pp | 1.9%-0.6pp | 2.5%+0.1pp | 2.4% |
| Current Ratio | 1.56-0.3 | 1.85-0.3 | 2.11-0.1 | 2.24+0.3 | 1.95-0.1 | 2.08-0.1 | 2.20-0.3 | 2.46 |
| Debt-to-Equity | 0.21-0.1 | 0.29+0.0 | 0.25+0.2 | 0.07+0.1 | 0.00-0.6 | 0.56+0.5 | 0.03-0.1 | 0.10 |
| FCF Margin | 35.5%+15.9pp | 19.6%+15.5pp | 4.1%+57.8pp | -53.8%-87.5pp | 33.7%+10.8pp | 22.9%+9.7pp | 13.2%+43.3pp | -30.1% |
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Frequently Asked Questions
What is Fti Consulting Inc's annual revenue?
Fti Consulting Inc (FCN) reported $3.8B in total revenue for fiscal year 2025. This represents a 2.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Fti Consulting Inc's revenue growing?
Fti Consulting Inc (FCN) revenue grew by 2.4% year-over-year, from $3.7B to $3.8B in fiscal year 2025.
Is Fti Consulting Inc profitable?
Yes, Fti Consulting Inc (FCN) reported a net income of $270.9M in fiscal year 2025, with a net profit margin of 7.1%.
What is Fti Consulting Inc's EBITDA?
Fti Consulting Inc (FCN) had EBITDA of $434.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Fti Consulting Inc have?
As of fiscal year 2025, Fti Consulting Inc (FCN) had $265.1M in cash and equivalents against $365.0M in long-term debt.
What is Fti Consulting Inc's gross margin?
Fti Consulting Inc (FCN) had a gross margin of 32.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Fti Consulting Inc's operating margin?
Fti Consulting Inc (FCN) had an operating margin of 10.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Fti Consulting Inc's net profit margin?
Fti Consulting Inc (FCN) had a net profit margin of 7.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Fti Consulting Inc's return on equity (ROE)?
Fti Consulting Inc (FCN) has a return on equity of 15.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Fti Consulting Inc's free cash flow?
Fti Consulting Inc (FCN) generated $93.6M in free cash flow during fiscal year 2025. This represents a -74.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Fti Consulting Inc's operating cash flow?
Fti Consulting Inc (FCN) generated $152.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Fti Consulting Inc's total assets?
Fti Consulting Inc (FCN) had $3.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Fti Consulting Inc's capital expenditures?
Fti Consulting Inc (FCN) invested $58.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Fti Consulting Inc's current ratio?
Fti Consulting Inc (FCN) had a current ratio of 1.56 as of fiscal year 2025, which is generally considered healthy.
What is Fti Consulting Inc's debt-to-equity ratio?
Fti Consulting Inc (FCN) had a debt-to-equity ratio of 0.21 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fti Consulting Inc's return on assets (ROA)?
Fti Consulting Inc (FCN) had a return on assets of 7.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Fti Consulting Inc's Altman Z-Score?
Fti Consulting Inc (FCN) has an Altman Z-Score of 4.31, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Fti Consulting Inc's Piotroski F-Score?
Fti Consulting Inc (FCN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Fti Consulting Inc's earnings high quality?
Fti Consulting Inc (FCN) has an earnings quality ratio of 0.56x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Fti Consulting Inc cover its interest payments?
Fti Consulting Inc (FCN) has an interest coverage ratio of 18.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Fti Consulting Inc?
Fti Consulting Inc (FCN) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.