FTI Consulting, Inc. (FCN) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Consulting Services
EV/EBITDA
↓
10.16
↓-35% vs avg
5yr avg: 15.51
30Y Low4.1·High16.6
P/FCF
↑
28.00
-9% vs avg
5yr avg: 30.90
30Y Low4.8·High68.2
P/B Ratio
↓
2.76
↓-17% vs avg
5yr avg: 3.33
30Y Low0.7·High4.1
ROE
↓
13.6%
-6% vs avg
5yr avg: 14.4%
30Y Low-3%·High20%
Debt/EBITDA
↓
1.27
+12% vs avg
5yr avg: 1.14
30Y Low0.1·High6.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FCN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
FTI Consulting, Inc. trades at 17.7x earnings, 25% below its 5-year average of 23.6x, sitting at the 22nd percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 31%. On a free-cash-flow basis, the stock trades at 28.0x P/FCF, 9% below the 5-year average of 30.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.4B | $5.6B | $6.9B | $7.1B | $5.7B | $5.4B | $4.2B | $4.2B | $2.6B | $1.7B | $1.9B |
| Enterprise Value | $4.7B | $5.9B | $6.4B | $7.1B | $5.8B | $5.5B | $4.3B | $4.3B | $2.5B | $1.9B | $2.0B |
| P/E Ratio → | 17.67 | 20.73 | 24.47 | 25.83 | 24.13 | 23.07 | 19.70 | 19.45 | 16.96 | 15.62 | 21.99 |
| P/S Ratio | 1.16 | 1.48 | 1.85 | 2.03 | 1.88 | 1.95 | 1.69 | 1.79 | 1.26 | 0.93 | 1.04 |
| P/B Ratio | 2.76 | 3.24 | 3.03 | 3.58 | 3.38 | 3.42 | 2.96 | 2.83 | 1.89 | 1.41 | 1.56 |
| P/FCF | 28.00 | 35.87 | 17.23 | 40.57 | 41.94 | 18.90 | 14.20 | 23.95 | 12.87 | 14.56 | 9.19 |
| P/OCF | 28.82 | 36.92 | 17.34 | 31.63 | 30.10 | 15.25 | 12.69 | 19.36 | 11.07 | 11.41 | 8.05 |
P/E links to full P/E history page with 30-year chart
FCN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
FTI Consulting, Inc.'s enterprise value stands at 10.2x EBITDA, 35% below its 5-year average of 15.5x. The Industrials sector median is 13.8x, placing the stock at a 27% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.57 | 1.74 | 2.02 | 1.90 | 1.98 | 1.77 | 1.84 | 1.24 | 1.05 | 1.12 |
| EV / EBITDA | 10.16 | 12.82 | 16.27 | 16.60 | 16.48 | 15.37 | 13.34 | 12.61 | 9.44 | 12.56 | 10.62 |
| EV / EBIT | 11.36 | 15.14 | 17.98 | 18.93 | 18.71 | 17.25 | 15.40 | 14.09 | 10.67 | 16.81 | 13.30 |
| EV / FCF | — | 37.94 | 16.17 | 40.31 | 42.51 | 19.14 | 14.87 | 24.62 | 12.64 | 16.35 | 9.92 |
FCN Profitability
Margins and return-on-capital ratios measuring operating efficiency
FTI Consulting, Inc. earns an operating margin of 10.9%, above the Industrials sector average of 4.3%. ROE of 13.6% is modest. ROIC of 15.9% represents solid returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.1% | 32.1% | 32.0% | 32.5% | 31.8% | 31.0% | 32.0% | 34.8% | 34.5% | 32.8% | 33.1% |
| Operating Margin | 10.9% | 10.9% | 9.4% | 10.8% | 10.0% | 11.2% | 11.5% | 13.0% | 11.1% | 6.0% | 7.9% |
| Net Profit Margin | 7.1% | 7.1% | 7.6% | 7.9% | 7.8% | 8.5% | 8.6% | 9.2% | 7.4% | 6.0% | 4.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.6% | 13.6% | 13.2% | 15.0% | 14.4% | 15.8% | 14.6% | 15.3% | 11.9% | 9.0% | 7.3% |
| ROA | 7.6% | 7.6% | 8.1% | 8.4% | 7.4% | 8.0% | 7.6% | 8.4% | 6.5% | 4.8% | 3.8% |
| ROIC | 15.9% | 15.9% | 13.8% | 15.3% | 13.4% | 14.4% | 13.2% | 15.8% | 12.6% | 5.9% | 7.5% |
| ROCE | 16.0% | 16.0% | 13.6% | 15.4% | 12.5% | 13.9% | 13.2% | 15.0% | 12.1% | 5.9% | 7.6% |
FCN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
FTI Consulting, Inc. carries a Debt/EBITDA ratio of 1.3x, which is manageable (61% below the sector average of 3.2x). Net debt stands at $324M ($590M total debt minus $265M cash). Interest coverage of 18.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.34 | 0.34 | 0.11 | 0.13 | 0.34 | 0.36 | 0.35 | 0.33 | 0.20 | 0.33 | 0.30 |
| Debt / EBITDA | 1.27 | 1.27 | 0.61 | 0.61 | 1.63 | 1.58 | 1.51 | 1.42 | 1.00 | 2.63 | 1.91 |
| Net Debt / Equity | — | 0.19 | -0.19 | -0.02 | 0.05 | 0.04 | 0.14 | 0.08 | -0.03 | 0.17 | 0.12 |
| Net Debt / EBITDA | 0.70 | 0.70 | -1.06 | -0.11 | 0.22 | 0.19 | 0.60 | 0.34 | -0.17 | 1.37 | 0.78 |
| Debt / FCF | — | 2.07 | -1.05 | -0.26 | 0.57 | 0.24 | 0.67 | 0.67 | -0.23 | 1.78 | 0.73 |
| Interest Coverage | 18.34 | 18.34 | 51.46 | 26.01 | 30.64 | 15.68 | 14.25 | 16.02 | 8.65 | 4.44 | 6.15 |
FCN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.56x means FTI Consulting, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.74x to 1.56x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.56 | 1.56 | 1.95 | 1.74 | 1.96 | 1.91 | 1.69 | 1.92 | 2.00 | 1.94 | 2.07 |
| Quick Ratio | 1.56 | 1.56 | 1.95 | 1.74 | 1.96 | 1.91 | 1.69 | 1.85 | 1.89 | 1.82 | 1.94 |
| Cash Ratio | 0.27 | 0.27 | 0.71 | 0.37 | 0.64 | 0.69 | 0.44 | 0.60 | 0.65 | 0.46 | 0.57 |
| Asset Turnover | — | 1.09 | 1.03 | 1.05 | 0.93 | 0.90 | 0.89 | 0.85 | 0.85 | 0.80 | 0.81 |
| Inventory Turnover | — | — | — | — | — | — | — | 32.04 | 24.28 | 25.09 | 25.47 |
| Days Sales Outstanding | — | 108.43 | 105.76 | 120.11 | 112.60 | 104.08 | 112.25 | 114.28 | 162.54 | 112.21 | 104.73 |
FCN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
FTI Consulting, Inc. returns 19.6% to shareholders annually primarily through share buybacks. The earnings yield of 5.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.7% | 4.8% | 4.1% | 3.9% | 4.1% | 4.3% | 5.1% | 5.1% | 5.9% | 6.4% | 4.5% |
| FCF Yield | 3.6% | 2.8% | 5.8% | 2.5% | 2.4% | 5.3% | 7.0% | 4.2% | 7.8% | 6.9% | 10.9% |
| Buyback Yield | 19.6% | 15.3% | 0.1% | 0.3% | 1.5% | 0.9% | 8.5% | 2.5% | 2.2% | 10.0% | 1.1% |
| Total Shareholder Yield | 19.6% | 15.3% | 0.1% | 0.3% | 1.5% | 0.9% | 8.5% | 2.5% | 2.2% | 10.0% | 1.1% |
| Shares Outstanding | — | $33M | $36M | $36M | $36M | $35M | $37M | $38M | $38M | $39M | $42M |
Peer Comparison
Compare FCN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FCNYou | $4B | 17.7 | 10.2 | 28.0 | 32.1% | 10.9% | 13.6% | 15.9% | 1.3 |
 HLI | $10B | 24.2 | 17.1 | 12.1 | 38.5% | 21.0% | 19.9% | 15.5% | 0.8 |
 HUBB | $28B | 31.7 | 22.0 | 31.8 | 35.5% | 20.8% | 24.8% | 17.1% | 1.9 |
 HURN | $1B | 15.5 | 8.6 | 8.0 | 29.9% | 11.7% | 19.3% | 15.0% | 2.4 |
 ICFI | $1B | 13.4 | 8.4 | 10.0 | 34.1% | 8.1% | 9.1% | 7.2% | 2.7 |
 FORR | $128M | -1.1 | 8.2 | 7.1 | 53.3% | 0.5% | -67.0% | 0.8% | 4.3 |
 CRAI | $896M | 17.0 | 10.3 | 48.3 | 29.0% | 11.1% | 25.7% | 20.4% | 1.3 |
 ACN | $80B | 10.7 | 6.1 | 7.4 | 31.9% | 14.7% | 25.0% | 26.8% | 0.6 |
 BAH | $8B | 9.6 | 9.0 | 8.4 | 20.9% | 9.8% | 80.7% | 18.6% | 3.3 |
 KFRC | $830M | 23.2 | 16.1 | 17.7 | 26.8% | 3.8% | 24.9% | 19.1% | 1.3 |
 G | $5B | 9.0 | 6.7 | 6.5 | 35.6% | 15.0% | 22.4% | 17.2% | 2.1 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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FCN — Frequently Asked Questions
Quick answers to the most common questions about buying FCN stock.
What is FTI Consulting, Inc.'s P/E ratio?
FTI Consulting, Inc.'s current P/E ratio is 17.7x. The historical average is 20.9x. This places it at the 22th percentile of its historical range.
What is FTI Consulting, Inc.'s EV/EBITDA?
FTI Consulting, Inc.'s current EV/EBITDA is 10.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.3x.
What is FTI Consulting, Inc.'s ROE?
FTI Consulting, Inc.'s return on equity (ROE) is 13.6%. The historical average is 11.2%.
Is FCN stock overvalued?
Based on historical data, FTI Consulting, Inc. is trading at a P/E of 17.7x. This is at the 22th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are FTI Consulting, Inc.'s profit margins?
FTI Consulting, Inc. has 32.1% gross margin and 10.9% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does FTI Consulting, Inc. have?
FTI Consulting, Inc.'s Debt/EBITDA ratio is 1.3x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.