Stocktoria

FTI CONSULTING, INC FCN

NYSE · stock · Services-Management Consulting Services · website · IPO 1996-05-09 · LEI

FTI CONSULTING, INC statistics & valuation

Market cap$4.6B
P / E16.8×
P / S1.2×
P / B2.6×
P / FCF48.7×
Net margin7.1%
Return on equity15.6%
FCF margin2.5%
Net debt$99.9M
Net debt / EBITDA0.2×
Enterprise value USD$4.7B
EV / EBITDA10.7×
Earnings yield EBIT/EV8.4%
Return on capital15.5%
Graham number -35.2%$98.87

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($98.87); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.70% 6.00% 7.40% 9.20% 8.60% 8.50% 7.80% 7.90% 7.60% 7.10% 2016201720182019202020212022202320242025
Gross margin (%)
31.80% 32.50% 32.00% 32.10% 2016201720182019202020212022202320242025
Operating margin (%)
7.90% 6.00% 11.10% 13.00% 11.50% 11.20% 10.00% 10.80% 9.40% 10.30% 2016201720182019202020212022202320242025
Return on equity (%)
7.10% 9.10% 11.20% 14.60% 15.00% 14.80% 14.00% 13.90% 12.40% 15.60% 2016201720182019202020212022202320242025
Shares outstanding
42.0M 39.2M 38.3M 38.1M 37.1M 35.3M 35.8M 35.6M 35.9M 32.9M 2016201720182019202020212022202320242025
Net debt ($)
$149.4M $206.3M -$46.5M -$93.8M -$8.8M -$197.3M -$176.5M -$303.2M -$660.5M $99.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
3.80% 4.80% 6.30% 7.80% 7.60% 7.60% 7.30% 8.30% 7.80% 7.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
11.30% 6.40% 9.80% 7.50% 11.90% 10.30% 4.50% 5.00% 9.70% 2.50% 2016201720182019202020212022202320242025
Debt / equity (×)
0.30× 0.33× 0.20× 0.19× 0.20× 0.19× 0.19× 0.00× 0.00× 0.21× 2016201720182019202020212022202320242025
EPS ($)
$2.05 $2.75 $3.93 $5.69 $5.67 $6.65 $6.58 $7.71 $7.81 $8.24 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FTI CONSULTING, INC trades at about 18.5× earnings — below its 10-year norm (10-year range 15.8×–25×, median 21.2×).

15.8× 25×

Shaded band = 10-year range (15.8×–25×); dot = today's 18.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin32.1%32.0%32.5%31.8%——————
Operating margin10.3%9.4%10.8%10.0%11.2%11.5%13.0%11.1%6.0%7.9%
Net margin7.1%7.6%7.9%7.8%8.5%8.6%9.2%7.4%6.0%4.7%
FCF margin2.5%9.7%5.0%4.5%10.3%11.9%7.5%9.8%6.4%11.3%
Return on assets7.8%7.8%8.3%7.3%7.6%7.6%7.8%6.3%4.8%3.8%
Return on equity15.6%12.4%13.9%14.0%14.8%15.0%14.6%11.2%9.1%7.1%
Debt / equity0.21×0.00×0.00×0.19×0.19×0.20×0.19×0.20×0.33×0.30×
Current ratio1.561.951.741.961.911.691.922.001.942.07

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.