FTI Consulting

FCN

Consulting Services · Industrials

Price

$162.55

-2.02 (-1.23%)

Market Cap

$4.90B

Winston Score

Winston is curious

Mixed quality — meaningful strengths and weaknesses.

Share count falling — buybacks

−7.0% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 35.3M (2021) → 32.9M (2025)

FTI Consulting helps businesses, governments, and law firms solve big, complicated problems. The company offers advice in five main areas: economic consulting, financial restructuring, legal disputes, communications strategy, and business transformation. It is often hired when a company is in financial trouble, facing a lawsuit, or going through a major merger.

FTI makes money by charging clients fees for professional services, mostly billed by the hour or project. It operates globally, with a strong presence in North America, Europe, and Asia-Pacific, and generates roughly $3.5 billion in annual revenue. Its competitive edge comes from its deep roster of expert economists, former regulators, and turnaround specialists — people who are hard to replace and difficult for rivals to copy quickly. The main risk is that demand for restructuring and litigation work is tied to economic cycles and deal activity, so revenue can slow sharply when corporate bankruptcies and mergers dry up.

Winston Score History

Politician Trades

8 trades / 12mo

6 Congressional buys and 2 sells on FCN in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+9.5% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+9.1% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

4.1%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~2 months

$198M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

FTI Consulting has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

31.1%

Modest — 31.1% gross margin

Operating Margin

8.5%

Modest — 8.5% operating margin

ROCE

4.5%

Weak — 4.5% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+5.6%

Slow sales growth (5.6% YoY)

EPS YoY

+14.5%

Earnings growing (14.5% YoY)

Healthy double-digit earnings growth — what compounders look like.

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

115%

Turns 115% of profit into real cash

FCF Margin

7.5%

Modest free cash flow (7.5%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.13

Conservative — low debt load (0.13)

Interest Cover

14.67x

Comfortably covers interest (14.7x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

19.1x

Fair value — P/E 19.1

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

P/E vs Forward

+2.5

GROWING

Earnings expected to grow — slightly cheaper on forward P/E

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial