FTI Consulting, Inc.

Description

FTI Consulting, Inc. provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services. The Forensic and Litigation Consulting segment offers construction and environmental solutions, data and analytics, disputes, health solutions, and risk and investigation services. The Economic Consulting segment provides antitrust and competition economics, financial economics, and international arbitration services. The Technology segment offers corporate legal department consulting; e-discovery and expertise; and information governance, privacy, and security services. The Strategic Communications segment provides corporate reputation, financial communications, and public affairs services. It serves aerospace and defense, airlines and aviation, blockchain and digital assets, chemicals, construction and environmental solutions, energy, financial services, food and agriculture, healthcare and life sciences, hospitality, gaming and leisure, automotive and industrial, insurance, mining, private equity, power and renewable, public sector and government contracts, real estate, retail and consumer products, telecom, media and technology, and transportation and logistics sectors. FTI Consulting, Inc. was incorporated in 1982 and is headquartered in Washington, the District of Columbia.

About

CEO
Mr. Steven H. Gunby J.D.
Employees
8,382
Instrument type
Common Stock
Sector
Industrials
Industry
Consulting Services
MIC code
XNYS
Address
555 12th Street NW, Washington, DC 20004, United States
Phone
202 312 9100
Website
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
No data available
Moving Averages
No data available

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Oct 22, 2025
Jul 23, 2025
Apr 23, 2025
Feb 20, 2025 1.73
Oct 24, 2024 2.06 1.85 -0.21 -10.19%

Earnings estimate

Next Quarter
(Mar 2025)
Next Year
(Dec 2025)
Number of analysts 3 3
Average estimate 1.96 8.68
Low estimate 1.87 8.55
High estimate 2.13 8.80
Last year EPS 2.23 8.15
[stock_revenue_estimate]

Growth estimates

Current qtr
-24.270%
Next qtr. (Mar 2025)
-12.110%
Current year
5.750%
Next year (Dec 2025)
6.500%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Sep 25, 2024
Truist Securities
Tobey Sommer
Maintains Buy ▲ Raises $255 → $275
Feb 23, 2024
Truist Securities
Tobey Sommer
Maintains Buy ▲ Raises $240 → $255
Nov 28, 2023
Truist Securities
Tobey Sommer
Reiterates Buy Maintains $240
Oct 18, 2023
Truist Securities
Tobey Sommer
Reiterates Buy Maintains $210
Mar 24, 2023
Goldman Sachs
James Yaro
Maintains Neutral ▲ Raises $190 → $210
Mar 13, 2023
Truist Securities
Tobey Sommer
Maintains Buy ▲ Raises $220 → $240
Jan 11, 2023
Goldman Sachs
James Yaro
Initiates Neutral Announces $167
Jun 6, 2022
Truist Securities
Tobey Sommer
Maintains Buy ▲ Raises $200 → $220
May 7, 2021
Berenberg
Initiates Buy
May 1, 2020
Sidoti & Co.
Marc Riddick
Upgrade Buy ▲ Raises $152 → $171
Oct 25, 2019
Sidoti & Co.
Maintains Buy ▲ Raises $134 → $150
Oct 10, 2019
Sidoti & Co.
Maintains Buy ▲ Raises $121 → $134
Jul 23, 2019
Sidoti & Co.
Maintains Buy ▲ Raises $99 → $117
Jul 10, 2019
SunTrust Robinson Humphrey
Upgrade Buy
Jan 6, 2017
SunTrust Robinson Humphrey
Downgrade Hold
Oct 31, 2016
Avondale Partners
Downgrade Market Perform
Aug 18, 2016
Deutsche Bank
Initiates Hold
Mar 11, 2016
William Blair
Downgrade Market Perform
Oct 30, 2015
SunTrust Robinson Humphrey
Maintains Buy ▼ Lowers $51 → $45
Jun 19, 2015
Deutsche Bank
Maintains Hold ▲ Raises $42 → $43
Oct 31, 2014
Deutsche Bank
Maintains Hold ▲ Raises $36 → $40
Oct 6, 2014
Stifel
Upgrade Buy
Sep 29, 2014
Avondale Partners
Upgrade Market Outperform ▲ Raises $42 → $43
Sep 24, 2014
William Blair
Upgrade Outperform
Jun 23, 2014
Macquarie
Upgrade Outperform
Jun 18, 2014
Deutsche Bank
Maintains Hold ▲ Raises $30 → $36
Feb 21, 2014
Macquarie
Maintains Neutral ▼ Lowers $42 → $30
Dec 12, 2013
Stifel
Initiates Hold
Dec 12, 2013
Stifel Nicolaus
Initiates Hold
Dec 11, 2013
Stifel Nicolaus
Initiates Hold

Income statement

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total reported revenue 3.49B 3.03B 2.78B 2.46B 2.35B
Cost of revenue 2.35B 2.07B 1.92B 1.67B 1.53B
Gross profit 1.14B 962.93M 860.72M 788.56M 817.82M
Operating expense
Research & development
Selling general and admin 751.31M 641.07M 537.84M 488.41M 504.07M
Other operating expenses 1.28M 2.76M
Operating income 377.56M 310.94M 312.05M 287.01M 305.60M
Non operating interest income
Income 5.21M 4.62M 3.49M 3.74M 4.76M
Expense 14.33M 10.05M 20.29M 19.81M 19.21M
Other income expense -10.08M -7.76M 2.70M -8.49M -2.70M
Pretax income 358.36M 297.75M 297.95M 262.45M 288.45M
Tax provision 83.47M 62.24M 62.98M 51.76M 71.72M
Net income 274.89M 235.51M 234.97M 210.68M 216.73M
Basic EPS 8.10 6.99 7.02 5.92 5.89
Diluted EPS 7.71 6.58 6.65 5.67 5.69
Basic average shares 33.92M 33.69M 33.49M 35.60M 36.77M
Diluted average shares 33.92M 33.69M 33.49M 35.60M 36.77M
EBITDA 429.27M 360.34M 360.91M 333.74M 349.02M
Net income from continuing op. 274.89M 235.51M 234.97M 210.68M 216.73M
Minority interests
Preferred stock dividends

Balance sheet

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3.33B 3.24B 3.10B 2.78B 2.78B
Current assets
Cash
Cash equivalents
Cash and cash equivalents 303.22M 491.69M 494.49M 294.95M 369.37M
Other short term investments 25.46M
Accounts receivable 745.37M 633.06M 542.06M 513.46M 482.33M
Other receivables 421.49M 308.87M 248.68M 236.29M 246.21M
Inventory
Prepaid assets 51.14M 46.90M 52.75M 48.22M 39.74M
Restricted cash
Assets held for sale
Hedging assets
Other current assets 27.43M 37.61M 31.16M 29.62M 32.91M
Non current assets
Properties 208.91M 203.76M 216.00M 156.65M 159.78M
Land and improvements
Machinery furniture equipment 181.49M 147.32M 140.12M 134.03M 156.60M
Construction in progress 5.73M 43.93M 21.05M 15.29M 4.36M
Leases 149.13M 129.04M 128.95M 97.07M 99.84M
Accumulated depreciation -176.69M -166.82M -147.96M -144.75M -167.13M
Goodwill 2.49B 2.48B 2.50B 2.51B 2.44B
Investment properties
Financial assets
Intangible assets 18.29M 25.51M 31.99M 41.55M 38.43M
Investments and advances
Other non current assets 73.57M 64.49M 54.40M 51.82M 40.80M
Total liabilities 1.34B 1.56B 1.52B 1.38B 1.29B
Current liabilities
Accounts payable 21.72M 20.27M 16.19M 13.12M 18.35M
Accrued expenses 74.73M 67.33M 63.77M 67.98M 48.75M
Short term debt 33.86M 31.92M 30.83M 42.72M 35.73M
Deferred revenue 67.94M 53.65M 45.54M 44.17M 36.70M
Tax payable 58.73M 20.36M 18.91M 14.72M 35.90M
Pensions 601.07M 541.89M 507.56M 455.93M 416.90M
Other current liabilities 34.72M 34.08M 35.33M 31.52M 20.21M
Non current liabilities
Long term debt 223.77M 536.78M 533.18M 447.81M 451.99M
Provision for risks and charges
Deferred liabilities 140.98M 162.37M 170.61M 158.34M 151.35M
Derivative product liabilities
Other non current liabilities 86.94M 91.05M 95.68M 100.86M 78.12M
Shareholders equity
Common stock 355,000 340,000 343,000 345,000 374,000
Retained earnings 2.11B 1.86B 1.70B 1.51B 1.41B
Other shareholders equity -150.46M -176.72M -128.84M -106.44M -140.85M
Total shareholders equity 1.98B 1.68B 1.58B 1.40B 1.49B
Additional paid in capital 16.76M 13.66M 216.16M
Treasury stock
Minority interest

Cash flow statement

20232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995
Operating Activities
Net Income274.89M235.51M234.97M210.68M216.73M150.61M107.96M85.52M66.05M58.81M-10.59M-36.99M103.90M65.98M143.03M120.91M92.12M42.02M56.37M42.88M59.47M37.16M16.47M2.56M3.00M2.60M3.30M1.70M700,000
Depreciation47.24M45.54M45.09M43.05M38.31M39.70M41.74M49.01M43.12M50.65M55.59M56.51M50.95M79.00M53.47M44.86M29.97M24.37M17.89M15.95M10.68M5.98M8.92M7.49M4.90M3.00M1.70M900,000600,000
Deferred Taxes-25.45M-10.46M4.96M-9.13M-3.71M20.83M-51.58M2.96M-134,000-254,000-200,000-600,000-200,000300,000-200,000
Stock-Based Compensation29.53M25.41M23.05M22.90M17.98M15.58M16.03M16.92M17.95M22.85M35.13M29.36M37.35M35.25M25.63M26.38M22.70M
Other Non-Cash Items5.74M4.40M11.38M16.85M14.29M6.70M4.89M2.95M561,000493,000-9.75M6.27M-94,00014.34M25.48M33.01M15.27M25.34M3.27M2.81M849,000-100,000100,000
Accounts Receivable-252.22M-183.07M-48.63M-18.77M-131.45M-63.05M-35.90M6.62M-32.54M-61.33M-63.83M-29.42M-97.96M-41.04M-31.68M-58.63M-107.60M-56.01M-34.66M-27.86M179,000551,000-2.09M-8.20M-2.50M1.30M-3.70M-2.70M-1.30M
Accounts Payable8.69M8.43M-2.10M13.90M-8.91M8.91M4.42M3.27M-4.72M980,0008.51M-12.46M11.47M18.61M
Other Assets & Liabilities43.09M4.95M12.22M-15.37M16.36M-12.78M42.26M22.79M13.12M22.86M5.01M5.32M4.99M1.90M2.92M10.91M18.52M8.50M36.06M6.79M-1.36M19.84M3.47M3.77M3.20M-1.50M1.20M-700,000300,000
Operating Cash Flow131.52M130.72M280.93M264.11M159.59M166.51M129.82M187.07M103.54M95.31M20.05M18.59M110.62M174.05M218.84M177.43M70.98M44.23M75.65M41.03M71.79M67.33M26.63M5.37M8.40M4.70M2.30M-500,000200,000
Investing Activities
Capital Expenditures-49.48M-53.32M-68.67M-34.85M-41.82M-32.27M-32.00M-28.94M-31.40M-39.26M-42.54M-27.76M-31.09M-22.60M-28.56M-35.67M-36.42M-30.36M-17.83M-11.94M-10.26M-8.78M-3.14M-6.59M-2.50M-29.70M-6.60M-1.70M-1.60M
Net Intangibles
Net Acquisitions-6.74M-10.43M-25.27M-18.79M50.28M-8.93M-1.25M-575,000-23.47M-55.50M-62.89M-62.35M-63.09M-46.71M-343.17M-32.24M-267.33M-52.18M-1.25M-233.71M-145.41M-211,000-49.40M
Purchase of Investments-24.36M-5.09M-35.72M
Sale of Investments15.00M20.58M
Investing Cash Flow-73.84M-60.06M-79.09M-60.10M-60.35M18.74M-40.64M-30.13M-31.74M-57.60M-108.19M-90.41M-93.65M-71.09M-89.89M-374.14M-68.18M-297.39M-64.86M-13.69M-243.89M-156.39M-6.30M-56.66M-4.60M-30.10M-6.20M-2.30M-1.80M
Financing Activities
Long-Term Debt Issuance835.00M165.00M402.50M289.50M45.00M549.75M422.00M200.00M292.61M25.00M410.45M
Long-Term Debt Payments-1.15B-165.00M-402.50M-289.50M-45.00M-633.50M-392.00M-130.00M-425.67M-6.01M-6.02M-377.86M-31.99M-229.75M-13.76M-11.02M-32.95M
Other Financing Charges-17.92M-20.59M-15.54M-6.46M2.49M-16.51M-2.34M4.47M-425,00011.94M263,000-4.56M6.56M-2.41M7.78M10.71M17.99M-7.00M-13.11M-50,000-3.78M-3.20M-14,000-5.30M100,000-1.90M-200,000100,000
Financing Cash Flow-354.66M-106.01M-61.67M-360.05M-103.31M-255.99M-110.43M-277.02M-52.63M1.56M-72.52M-64.84M-198.73M143.85M-240.28M17.98M244.65M-20.16M-151.61M-7.99M104.31M3.33M12.83M18.58M500,000-300,000-100,00010.70M-800,000
Other Cash Details
End Cash Position303.22M491.69M494.49M294.95M369.37M312.07M189.96M216.16M149.76M283.68M205.83M156.79M264.42M384.57M118.87M191.84M360.46M91.92M153.38M25.70M5.77M9.91M12.86M3.24M5.00M
Income Tax Paid79.59M77.01M47.50M83.45M50.94M45.57M4.93M20.27M20.65M27.33M35.07M46.92M38.74M33.24M54.12M64.95M58.35M
Interest Paid14.39M7.84M9.10M7.75M7.61M21.69M23.29M23.15M46.97M48.17M48.16M57.08M50.66M35.44M38.74M39.01M40.20M
Free Cash Flow174.98M135.48M286.82M292.22M176.07M198.40M115.62M204.55M108.52M96.15M150.73M92.43M142.74M172.45M222.21M161.81M32.31M33.61M81.55M46.50M89.57M71.88M31.06M8.96M5.30M-24.50M-3.00M-2.20M-100,000

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Lenders Maintain Optimism After a Banner Year for Leveraged Credit Article
Lenders Maintain Optimism After a Banner Year for Leveraged Credit
WASHINGTON, Feb. 10, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the results of its 2025 Leveraged Loan Market Survey , which found that lenders expect a continued stable lending environment supported by easing interest rates, plentiful lending capital, slowing inflation and an improved climate for large corporate borrowers in the year ahead.
GlobeNewsWire Neutral
Feb 10, 2025
FTI Delta Strengthens Telecommunications Practice with Two Senior Hires Article
FTI Delta Strengthens Telecommunications Practice with Two Senior Hires
WASHINGTON, Feb. 06, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Matteo Dominianni and Alexey Timashkov as Senior Managing Directors in FTI Delta, the firm's strategy consulting practice within the Corporate Finance & Restructuring segment.
GlobeNewsWire Neutral
Feb 6, 2025
Indonesian startup eFishery appoints FTI Consulting as manager amid alleged fraud probe Article
Indonesian startup eFishery appoints FTI Consulting as manager amid alleged fraud probe
Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following allegations of misconduct including fraud by certain members of its management.
Reuters Negative
Feb 4, 2025
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