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MARKETS / NYSE / FCN
NYSE · SERVICES-MANAGEMENT CONSULTING SERVICES · LARGE CAP

FTI Consulting, Inc. FCN

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.8B
▲ 2.4% YoY
$270.9M
▼ 3.3% YoY
$93.6M
▼ 74.0% YoY
In brief

What this company does

FTI Consulting, Inc. provides its clients with advice and solutions involving transactions, transformation, turnaround and restructuring, construction, projects, assets and environmental solutions, data and analytics, dispute advisory services, healthcare risk management and advisory, risk and investigations, antitrust and competition economics, financial economics, international arbitration, blockchain and digital assets, information governance, privacy and security, investigations, litigation, mergers and acquisitions, antitrust and competition, corporate reputation, financial communications and public affairs. Its operations include locations in the Americas, with 37 U.S. offices in 21 states and Washington, D.C. and four offices in Canada; in Latin America, with seven offices in Argentina, Brazil, Colombia, Mexico, and the British Overseas Territories of the Cayman Islands and the Virgin Islands; in Asia Pacific, with 19 offices in Australia, China (including Hong Kong), India, Japan, Singapore and South Korea; and in Europe, Middle East and Africa, with 37 offices in Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Lebanon, Netherlands, Portugal, Qatar, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, United Arab Emirates and the United Kingdom. As of December 31, 2025, it employed 8,118 employees, of which 6,421 were billable professionals. During the year ended December 31, 2025, no single client accounted for more than 10% of its consolidated revenues, and no reportable segment had a single client accounting for more than 10% of that segment's total revenues. It reports financial results for five reportable segments: Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. Its Corporate Finance segment focuses on the strategic, operational, financial, transactional and capital needs of clients around the world. Its Economic Consulting segment, which includes subsidiary Compass Lexecon LLC, provides law firms, companies, government entities and other interested parties with analyses of economic issues for use in international arbitration, legal and regulatory proceedings and strategic decision making and public policy debates around the world. Its Technology segment provides companies, law firms, private equity firms and government entities with a portfolio of digital insights and risk management, AI and data services.

Written from the business description in FTI CONSULTING, INC's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 3.8B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.8 · Net income 0.3
2B2008201120142017202020232025
Compound annual growth
+7.7%
+9.0%
+7.9%
+6.9%
+4.8%
+5.2%
+15.2%
+9.9%
+7.8%
+7.8%
+18.0%
+12.7%
+118.0%
+19.7%
+65.9%
+25.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.0% a year over five years — but profit grew slower: net income at +5.2%, earnings per share at +7.8%.

The share count fell from 0.03B to 0.03B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 10.3% · Net 7.1%
5%10%15%-1%-2%2008201120142017202020232025
ROE
FY2025 · ROE 13.6%
5%10%15%-1%-2%-3%2008201120142017202020232025

Each USD of equity produced 14 cents of profit this year.

Cash & shareholders
USD 857.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 93.6
200M2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 857.3
400M800M200920112013201520172019202120232025

USD 857.3M in buybacks — 316% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 3.5B
EquityUSD 1.7B
CashUSD 265.1M
Gross debtUSD 365.0M
Net debtUSD 99.9M
Current ratio1.56×

Net debt stands at 6% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B3.83.73.53.02.82.52.42.01.81.81.81.81.71.61.61.41.41.3
Operating income $B0.40.30.40.30.30.30.30.20.10.10.20.10.10.10.20.20.30.2
EBITDA $B0.40.40.40.30.30.30.30.30.10.20.20.20.10.10.20.20.3·
Income tax $B0.10.10.10.10.10.10.10.1−0.00.00.00.00.00.00.00.00.10.1
Net income $B0.30.30.30.20.20.20.20.20.10.10.10.1−0.0−0.00.10.10.10.1
Free cash flow $B0.10.40.20.10.30.30.20.20.10.20.10.10.20.10.10.20.20.2
EPS, diluted $8.247.817.716.586.655.675.693.932.752.051.581.44−0.27−0.922.391.382.632.26
Dividend / sh $··················
Payout %··················
ROE %13.613.215.014.415.814.615.311.99.07.35.95.5−1.0−3.49.15.812.510.7
Shares out B0.030.040.040.030.030.030.040.040.040.040.040.04··0.040.050.05·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 73 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 8 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Management Consulting Services
Listed onNYSE
Incorporated inMaryland
Fiscal year endsDecember 31
Data on record since2008

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