(FCN) FTI Consulting - Overview
Sector: Industrials | Industry: Consulting Services | Exchange: NYSE (USA) | Market Cap: 4.619m USD | Total Return: -4.5% in 12m
Avg Turnover: 93.5M
EPS Trend: 59.8%
Qual. Beats: -1
Rev. Trend: 86.1%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
FTI Consulting, Inc. (FCN) is a global business advisory firm headquartered in Washington, D.C., specializing in risk management, dispute resolution, and organizational change. The company operates through five primary segments: Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. Its service portfolio includes restructuring, cybersecurity, antitrust economics, and financial communications across diverse industries including energy, healthcare, and financial services.
The firm operates within the professional services sector, where revenue is primarily generated through hourly billing and success fees tied to complex legal or financial events. Unlike generalist firms, FCN’s business model focuses on high-stakes, counter-cyclical activities such as bankruptcy restructuring and litigation support, which often provide stability during economic downturns. You can evaluate the firms historical performance and valuation metrics on ValueRay.
- Counter-cyclical restructuring demand increases during periods of elevated corporate distress
- Global M&A volume fluctuations impact transaction and strategic communications revenue
- Regulatory antitrust enforcement intensity drives economic and forensic consulting volume
- Talent acquisition and retention costs directly influence operating margin compression
- Global geopolitical instability fuels demand for risk mitigation and investigation services
| Net Income: 266.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 3.73 > 1.0 |
| NWC/Revenue: 22.72% < 20% (prev 21.58%; Δ 1.14% < -1%) |
| CFO/TA 0.09 > 3% & CFO 307.3m > Net Income 266.7m |
| Net Debt (770.9m) to EBITDA (445.3m): 1.73 < 3 |
| Current Ratio: 2.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (31.9m) vs 12m ago -10.27% < -2% |
| Gross Margin: 31.80% > 18% (prev 0.32%; Δ 3.15k% > 0.5%) |
| Asset Turnover: 113.0% > 50% (prev 109.6%; Δ 3.46% > 0%) |
| Interest Coverage Ratio: 14.67 > 6 (EBITDA TTM 445.3m / Interest Expense TTM 26.9m) |
| A: 0.25 (Total Current Assets 1.56b - Total Current Liabilities 676.8m) / Total Assets 3.51b |
| B: 0.51 (Retained Earnings 1.80b / Total Assets 3.51b) |
| C: 0.12 (EBIT TTM 394.3m / Avg Total Assets 3.43b) |
| D: 0.90 (Book Value of Equity 1.66b / Total Liabilities 1.84b) |
| Altman-Z'' = 5.04 = AAA |
| DSRI: 1.00 (Receivables 1.24b/1.17b, Revenue 3.87b/3.67b) |
| GMI: 1.00 (GM 31.80% / 31.80%) |
| AQI: 0.97 (AQ_t 0.45 / AQ_t-1 0.47) |
| SGI: 1.06 (Revenue 3.87b / 3.67b) |
| TATA: -0.01 (NI 266.7m - CFO 307.3m) / TA 3.51b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of May 29, 2026, the stock is trading at USD 154.90 with a total of 350,672 shares traded.
Over the past week, the price has changed by +0.28%,
over one month by -15.22%,
over three months by -5.79% and
over the past year by -4.49%.
FTI Consulting has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold FCN.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 174.5 | 12.7% |
P/E Trailing = 18.3741
P/E Forward = 18.9036
P/S = 1.1924
P/B = 2.802
P/EG = 0.9597
Revenue TTM = 3.87b USD
EBIT TTM = 394.3m USD
EBITDA TTM = 445.3m USD
Long Term Debt = 754.3m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 969.2m USD (corrected: LT Debt 754.3m + ST Debt none) + Leases 215.0m
Net Debt = 770.9m USD (calculated: Debt 969.2m - CCE 198.3m)
Enterprise Value = 5.39b USD (4.62b + Debt 969.2m - CCE 198.3m)
Interest Coverage Ratio = 14.67 (Ebit TTM 394.3m / Interest Expense TTM 26.9m)
EV/FCF = 16.94x (Enterprise Value 5.39b / FCF TTM 318.1m)
FCF Yield = 5.90% (FCF TTM 318.1m / Enterprise Value 5.39b)
FCF Margin = 8.21% (FCF TTM 318.1m / Revenue TTM 3.87b)
Net Margin = 6.88% (Net Income TTM 266.7m / Revenue TTM 3.87b)
Gross Margin = 31.80% ((Revenue TTM 3.87b - Cost of Revenue TTM 2.64b) / Revenue TTM)
Gross Margin QoQ = 31.14% (prev 30.99%)
Tobins Q-Ratio = 1.54 (Enterprise Value 5.39b / Total Assets 3.51b)
Interest Expense / Debt = 2.77% (Interest Expense 26.9m / Debt 969.2m)
Taxrate = 26.63% (20.9m / 78.5m)
NOPAT = 289.3m (EBIT 394.3m * (1 - 26.63%))
Current Ratio = 2.30 (Total Current Assets 1.56b / Total Current Liabilities 676.8m)
Debt / Equity = 0.58 (Debt 969.2m / totalStockholderEquity, last quarter 1.66b)
Debt / EBITDA = 1.73 (Net Debt 770.9m / EBITDA 445.3m)
Debt / FCF = 2.42 (Net Debt 770.9m / FCF TTM 318.1m)
Total Stockholder Equity = 1.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.78% (Net Income 266.7m / Total Assets 3.51b)
RoE = 15.14% (Net Income TTM 266.7m / Total Stockholder Equity 1.76b)
RoCE = 15.67% (EBIT 394.3m / Capital Employed (Equity 1.76b + L.T.Debt 754.3m))
RoIC = 10.22% (NOPAT 289.3m / Invested Capital 2.83b)
WACC = 5.74% (E(4.62b)/V(5.59b) * Re(6.52%) + D(969.2m)/V(5.59b) * Rd(2.77%) * (1-Tc(0.27)))
Discount Rate = 6.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -53.94 | Cagr: -5.03%
[DCF] Terminal Value 77.97% ; FCFF base≈262.4m ; Y1≈300.8m ; Y5≈442.7m
[DCF] Fair Price = 195.4 (EV 6.66b - Net Debt 770.9m = Equity 5.89b / Shares 30.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 59.84 | EPS CAGR: 7.07% | SUE: -1.01 | # QB: -1
Revenue Correlation: 86.11 | Revenue CAGR: 5.17% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.23 | Chg30d=-7.20% | Revisions=-14% | Analysts=3
EPS next Quarter (2026-09-30): EPS=2.69 | Chg30d=+4.67% | Revisions=+14% | Analysts=3
EPS current Year (2026-12-31): EPS=9.19 | Chg30d=-1.01% | Revisions=+0% | GrowthEPS=+4.0% | GrowthRev=+6.3%
EPS next Year (2027-12-31): EPS=11.02 | Chg30d=-0.39% | Revisions=+33% | GrowthEPS=+20.0% | GrowthRev=+7.1%
[Analyst] Revisions Ratio: +33%