📊 FCN Key Takeaways
Is Fti Consulting, Inc. (FCN) a Good Investment?
FTI Consulting exhibits severe fundamental deterioration masked by positive net income, with operating cash flow of -$310M creating an untenable 368% divergence from reported earnings. Flat revenue, low single-digit profitability margins (5.9% net, 8.5% operating), and weak returns on equity (3.5%) and assets (1.6%) indicate structural profitability challenges despite manageable debt service metrics.
FTI Consulting shows solid underlying fundamentals with healthy margins, strong returns on capital, and a conservatively leveraged balance sheet. However, flat revenue and net income growth alongside a low free cash flow margin suggest the business is currently more stable than accelerating. The company appears financially resilient, but stronger top-line expansion and better cash conversion are needed to support a more bullish fundamental view.
Why Buy Fti Consulting, Inc. Stock? FCN Key Strengths
- Exceptional interest coverage of 48.8x provides substantial debt service cushion
- Strong liquidity position with current ratio of 2.30x and $198.3M cash reserves
- Diluted EPS grew 5.5% YoY despite flat revenue, indicating cost discipline or share reduction
- Solid profitability profile with 32.1% gross margin, 10.3% operating margin, and 15.6% ROE
- Strong balance sheet with low debt-to-equity of 0.21x, current ratio of 1.56x, and very high interest coverage of 226.3x
- Positive earnings quality overall, with diluted EPS up 5.5% despite flat net income, indicating disciplined capital management
FCN Stock Risks: Fti Consulting, Inc. Investment Risks
- Catastrophic negative operating cash flow of -$310M conflicts with $57.6M net income, suggesting unsustainable business model or major unrecorded liabilities
- Revenue stagnation (0.0% YoY growth) combined with depressed margins indicates competitive pressure and inability to grow or maintain pricing power
- Negative free cash flow of -$320.6M unsustainable long-term with $754.3M long-term debt; company burning cash despite profitability
- Revenue and net income were essentially flat year over year, signaling limited near-term growth momentum
- Free cash flow generation is modest, with only $93.60M of FCF and a low 2.5% FCF margin
- As a consulting business, profitability can be sensitive to utilization rates, client spending cycles, and wage pressure
Key Metrics to Watch
- Operating cash flow trend and working capital reconciliation to net income
- Revenue growth acceleration and margin expansion trajectory
- Debt reduction progress and refinancing needs given negative FCF generation
- Revenue growth and operating margin trend
- Operating cash flow and free cash flow margin
Fti Consulting, Inc. (FCN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.30x current ratio provides a solid financial cushion.
FCN Profit Margin, ROE & Profitability Analysis
FCN vs Services Sector: How Fti Consulting, Inc. Compares
How Fti Consulting, Inc. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Fti Consulting, Inc. Stock Overvalued? FCN Valuation Analysis 2026
Based on fundamental analysis, Fti Consulting, Inc. has mixed fundamental signals relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Fti Consulting, Inc. Balance Sheet: FCN Debt, Cash & Liquidity
FCN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Fti Consulting, Inc.'s revenue has grown significantly by 61% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.71 reflects profitable operations.
FCN Revenue Growth, EPS Growth & YoY Performance
FCN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $898.3M | $57.6M | $1.74 |
| Q3 2025 | $926.0M | $61.8M | $1.85 |
| Q2 2025 | $943.7M | $61.8M | $2.13 |
| Q1 2025 | $898.3M | $61.8M | $1.74 |
| Q3 2024 | $893.3M | $47.5M | $1.85 |
| Q2 2024 | $864.6M | $47.5M | $1.75 |
| Q1 2024 | $806.7M | $47.5M | $1.34 |
| Q3 2023 | $775.9M | $47.5M | $2.15 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Fti Consulting, Inc. Dividends, Buybacks & Capital Allocation
FCN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Fti Consulting, Inc. (CIK: 0000887936)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FCN
What is the AI rating for FCN?
Fti Consulting, Inc. (FCN) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FCN's key strengths?
Claude: Exceptional interest coverage of 48.8x provides substantial debt service cushion. Strong liquidity position with current ratio of 2.30x and $198.3M cash reserves. ChatGPT: Solid profitability profile with 32.1% gross margin, 10.3% operating margin, and 15.6% ROE. Strong balance sheet with low debt-to-equity of 0.21x, current ratio of 1.56x, and very high interest coverage of 226.3x.
What are the risks of investing in FCN?
Claude: Catastrophic negative operating cash flow of -$310M conflicts with $57.6M net income, suggesting unsustainable business model or major unrecorded liabilities. Revenue stagnation (0.0% YoY growth) combined with depressed margins indicates competitive pressure and inability to grow or maintain pricing power. ChatGPT: Revenue and net income were essentially flat year over year, signaling limited near-term growth momentum. Free cash flow generation is modest, with only $93.60M of FCF and a low 2.5% FCF margin.
What is FCN's revenue and growth?
Fti Consulting, Inc. reported revenue of $983.3M.
Does FCN pay dividends?
Fti Consulting, Inc. does not currently pay dividends.
Where can I find FCN SEC filings?
Official SEC filings for Fti Consulting, Inc. (CIK: 0000887936) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FCN's EPS?
Fti Consulting, Inc. has a diluted EPS of $1.90.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FCN a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Fti Consulting, Inc. has a SELL rating with 73% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FCN stock overvalued or undervalued?
Valuation metrics for FCN: ROE of 3.5% (sector avg: 16%), net margin of 5.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy FCN stock in 2026?
Our dual AI analysis gives Fti Consulting, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FCN's free cash flow?
Fti Consulting, Inc.'s operating cash flow is $-310.0M, with capital expenditures of $10.6M. FCF margin is -32.6%.
How does FCN compare to other Services stocks?
Vs Services sector averages: Net margin 5.9% (avg: 10%), ROE 3.5% (avg: 16%), current ratio 2.30 (avg: 1.5).