Fti Consulting Stock Price, News & Analysis

FTI Consulting, Inc. (NYSE: FCN) is a business advisory firm that generates its sales by providing professional advisory services to corporate, financial, public sector and other clients. According to available disclosures, the company operates through five segments: Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. The Corporate Finance segment is identified as the primary contributor to revenue. FTI Consulting is incorporated in Maryland and its common stock is listed on the New York Stock Exchange under the symbol FCN.

Clients of FTI Consulting span a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life sciences, insurance, real estate and infrastructure, retail and consumer products, telecom, media and technology. Based on the information provided, a majority of the company’s revenue is derived from serving customers in the United States, though the firm also engages with clients in other regions.

Business segments and advisory focus

The Corporate Finance segment is a central part of FTI Consulting’s business model. It focuses on corporate finance mandates and related advisory work. This segment is described as generating the majority of the company’s revenue, underscoring its importance within the overall portfolio.

The Forensic and Litigation Consulting segment provides services connected to disputes, investigations and related matters. Within this segment, FTI Consulting has a Cybersecurity practice, where the firm has appointed senior experts to support clients across the spectrum of cyber risk management needs, including program assessments, incident response and complex investigations. The segment also includes a Healthcare Risk Management & Advisory practice, which supports clients with regulatory strategy, government programs compliance, operational optimization and turnaround initiatives in the healthcare space.

The Economic Consulting segment includes work carried out by Compass Lexecon, a subsidiary that is described as an economic consulting firm with competition, finance, intellectual property, international arbitration and energy practices. Compass Lexecon engages academic and industry experts in fields such as machine learning, artificial intelligence, quantitative economics and digital platforms to address issues related to digital markets, online advertising auctions, pricing, algorithmic fairness, privacy and the economics of digital assets.

The Technology segment supports clients with technology-related matters. While the detailed activities of this segment are not fully described in the provided materials, it is identified as a distinct business line within FTI Consulting’s overall structure.

The Strategic Communications segment focuses on communications, stakeholder engagement and reputation management for organizations facing transactions, activism, regulatory scrutiny, crises and other high-stakes situations. The firm highlights capabilities in transactions communications, shareholder activism defense, issues management, crisis and special situations, public affairs, investor relations and event-driven communications. Senior professionals within this segment advise on M&A transactions, activism campaigns, financial communications, crisis response and public affairs for clients across industries and geographies.

Industry coverage and sector expertise

FTI Consulting serves clients across numerous industries, including:

• Construction, energy and power, and environmental sectors
• Financial institutions and insurance
• Healthcare and life sciences, including revenue cycle management and healthcare risk management
• Real estate and infrastructure
• Retail and consumer products
• Telecom, media and technology

Within these sectors, the firm’s professionals work on matters such as complex transactions, restructurings, operational performance, regulatory strategy, risk management, communications and litigation-related issues, as reflected in the segment descriptions and recent appointments.

Geographic footprint and offices

FTI Consulting’s filings indicate that a significant portion of its revenue is generated from clients in the United States. At the same time, the company has a presence in multiple regions. For example, it has announced senior appointments in London and Singapore, and its subsidiary Compass Lexecon is described as having professionals in offices around the world. An agreement for leases disclosed in an SEC filing shows that a wholly owned subsidiary expects to lease office premises in London for FTI Consulting’s London office, indicating continued investment in that market.

Human capital and leadership structure

FTI Consulting emphasizes its identity as an expert-driven firm. The company appoints Senior Managing Directors and other senior professionals across its segments to deepen capabilities in areas such as cybersecurity, healthcare risk management, strategic communications, private equity transformation, tax advisory and public affairs. The firm has also detailed its human capital leadership, including the role of a Chief Human Resources Officer responsible for global human capital strategy, talent acquisition and development, workforce planning and total rewards.

Board-approved employment agreements and leadership transitions are documented in SEC filings. For example, an amended and restated employment agreement with the company’s President and Chief Executive Officer extends the term of that agreement, and the Board has authorized changes in senior roles such as the Chief Human Resources Officer and interim Chief Financial Officer. These disclosures illustrate the firm’s governance processes and approach to executive appointments and compensation arrangements.

Capital allocation and stock repurchase program

FTI Consulting’s SEC filings describe a stock repurchase program authorized by its Board of Directors. Over time, the Board has increased the aggregate authorization for repurchases of the company’s common stock. The filings explain that shares may be repurchased in open-market transactions or other methods, subject to applicable laws and regulations, and that the program may be funded with cash on hand or borrowings under a senior unsecured bank revolving credit facility. The company notes that no time limit has been established for the completion of the repurchase program and that it may be suspended, discontinued or replaced at the Board’s discretion.

Use of non-GAAP financial measures

In connection with quarterly earnings announcements, FTI Consulting uses certain non-GAAP financial measures alongside GAAP results. These include Total Segment Operating Income, Adjusted Segment EBITDA, Total Adjusted Segment EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Earnings per Diluted Share and Free Cash Flow. The company defines these measures in its filings and explains that they are used by management to evaluate segment performance, assess core operating performance and understand cash generation. It also notes that non-GAAP measures are commonly used by investors, analysts and rating agencies to compare financial performance within the industry and that reconciliations to the most directly comparable GAAP measures are provided in its press releases, presentations and periodic reports.

Advisory themes and recent focus areas

Recent announcements highlight several themes in FTI Consulting’s work:

• Cybersecurity and digital risk: The firm has expanded its Cybersecurity practice within Forensic and Litigation Consulting, appointing senior leaders with experience in incident response, digital forensics, strategic risk advisory and complex cyber investigations.
• Healthcare advisory and revenue cycle management: FTI Consulting has strengthened its Healthcare Risk Management & Advisory practice and entered into a collaboration with a healthcare AI company to support revenue cycle management transformation. This collaboration is intended to help healthcare providers improve revenue cycle performance and reduce administrative burden by integrating AI platforms into revenue cycle transformation work.
• Strategic communications for transactions and crises: The Strategic Communications segment has added senior hires to support transactions communications, shareholder activism defense, crisis and issues management, and public affairs. These professionals advise on stakeholder engagement, regulatory and policy issues, and reputation management for organizations facing complex environments.
• Private equity, financial services and tax advisory: The firm has invested in its Transformation practices and EMEA Tax Advisory team, adding senior professionals with experience in operational performance, value creation, restructurings, insolvencies and tax aspects of complex transactions.

These developments illustrate how FTI Consulting’s segment structure supports clients dealing with regulatory complexity, operational and financial challenges, digital transformation, cyber risk and high-stakes corporate events.

Regulatory reporting and corporate structure

FTI Consulting, Inc. is incorporated in Maryland and files reports with the U.S. Securities and Exchange Commission. Its common stock, with a par value of $0.01 per share, trades on the New York Stock Exchange under the symbol FCN. The company uses Form 8-K to report material events such as executive appointments and departures, lease commitments, stock repurchase authorizations, earnings releases and the use of non-GAAP financial measures. These filings provide investors with information on the company’s governance, financial reporting practices, capital allocation decisions and significant contractual obligations.

Position within professional services

Within the broader professional, scientific and technical services sector, FTI Consulting is characterized in the available information as a firm that focuses on professional business advisory services. Its five-segment structure, broad industry coverage and emphasis on expert-led engagements in areas such as corporate finance, economic consulting, forensic and litigation consulting, technology and strategic communications distinguish its operating model. The firm’s disclosures and news releases emphasize expert-driven work on high-stakes matters, complex transactions, regulatory and policy challenges, and risk management across multiple industries.