FTI Consulting (FCN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

FTI Consulting

NYSE•Industrials•Consulting Services

$145.13-1.79(-0.01%)Pre-market

Market Cap

$4.06B

P/E

16.1x

P/S

1.0x

P/B

3.0x

FTI Consulting, Inc. provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance; Forensic and Litigation Consulting; Economic Consulting; and Technology, and Strategic Communications segments. The Corporate Finance segment provides transactions, transformation and turnaround, and restructuring services. The Forensic and Litigation Consulting segment offers construction, projects and assets and environmental solutions, data and analytics, dispute advisory services, healthcare risk management and advisory, and risk and investigations, which include cybersecurity and financial services-related offerings. The Economic Consulting segment provides antitrust and competition economics, financial economics, and international arbitration services. The Technology segment offers blockchain and digital assets, information governance, privacy and security, investigations, litigation, M&A, and antitrust and competition 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 agribusiness, healthcare and life sciences, hospitality, gaming and leisure, automotive and industrial, insurance, mining, power and products, renewable and energy transition, professional services, public sector and government contracts, real estate, retail and consumer products, telecom, media and technology, and transportation and logistics sectors. The company was incorporated in 1982 and is headquartered in Washington, the District of Columbia.

How this company scores

GoodMetricSide Score: 69/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability16/25

Growth16/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowHigh ROECash-backed earningsImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 16.1x5y range 16.1x – 29.2x

Currently below its 20-quarter median.

P/S · 1.0x5y range 1.0x – 2.2x

Currently below its 20-quarter median.

P/B · 3.0x5y range 2.7x – 3.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 208.9% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $4.06B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.92B
Q. Revenue: $993.46M
TTM EBITDA: $452.35M
TTM Op. Income: $380.04M
Q. Op. Income: $85.02M
TTM Net Income: $252.79M
Q. Net Income: $57.81M
EPS: $2.01
Shares Out.: $28.74M

$3.92B in TTM revenue grew 7.1% YoY, reaching $993.46M last quarter. TTM EBITDA of $452.35M and TTM operating income of $380.04M show growth is flowing through to the bottom line. TTM net income of $252.79M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 31.8%
EBITDA Margin: 9.8%
Op. Margin: 8.6%
Net Margin: 5.8%

Op. margin of 8.6% is down 2.0% YoY — costs are rising relative to revenue. Net margin at 5.8% and gross margin of 31.8% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 19% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 16.1x
P/S Ratio: 1.0x
P/B Ratio: 3.0x

At 16.1x P/E, the stock trades within typical market levels. P/S of 1.0x and P/B of 3.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 25% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.53B
Cash: $163.75M
Long-Term Debt: $1.02B
Book Value: $1.33B
D/E Ratio: 0.8
Debt/EBITDA: 10.5

With $3.53B in assets and $1.02B in long-term debt, D/E is 0.8and book value is $1.33B — a conservative capital structure with a cushion to weather downturns. Across the last 7 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $152.29M
TTM Free Cash Flow: $358.73M
FCF Margin: 9.1%
FCF / Net Income: 1.4

TTM FCF of $358.73M on $152.29M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.