📊 FCN Key Takeaways
Is FCN a Good Investment? Thesis Analysis
FTI Consulting demonstrates solid financial health with strong balance sheet metrics (0.21x debt/equity, 1.56x current ratio) and exceptional interest coverage of 226.3x, indicating minimal financial distress risk. However, the company faces significant growth headwinds with zero year-over-year revenue growth and declining profitability margins, suggesting operational challenges despite positive EPS growth driven by share buybacks rather than operational improvement.
Why Buy FCN? Key Strengths
- Fortress balance sheet with low leverage (0.21x debt/equity) and strong liquidity position ($265.1M cash)
- Robust interest coverage ratio of 226.3x demonstrates significant debt servicing capacity
- Double-digit ROE (15.6%) and ROA (7.8%) indicate efficient capital deployment relative to current asset base
- Substantial free cash flow generation ($93.6M) provides flexibility for dividends, buybacks, and debt reduction
FCN Investment Risks to Consider
- Zero revenue growth (flat YoY) signals stagnant top-line performance and potential market share loss in competitive consulting sector
- Declining profitability margins across gross (32.1%), operating (10.3%), and net (7.1%) levels despite flat revenue indicate cost structure pressures
- Low free cash flow margin (2.5%) relative to revenue suggests limited cash generation efficiency despite absolute FCF levels
- EPS growth (5.5%) appears driven by share repurchases rather than operational performance improvement
Key Metrics to Watch
- Revenue growth trajectory - critical inflection point needed to reverse stagnation
- Operating margin trend - monitor cost discipline and ability to maintain profitability despite flat revenues
- Free cash flow conversion rate - assess sustainability of cash generation relative to earnings
- Debt reduction pace - track whether company uses cash flow to strengthen already-strong balance sheet further
FCN Financial Metrics
💡 AI Analyst Insight
The relatively thin 2.5% FCF margin may limit capital allocation flexibility.
FCN Profitability Ratios
FCN vs Default Sector
How FTI CONSULTING, INC compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FCN Overvalued or Undervalued?
Based on fundamental analysis, FTI CONSULTING, INC has mixed fundamental signals relative to the Default 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.
FCN Balance Sheet & Liquidity
FCN 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
FCN Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| 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 |
| Q2 2023 | $755.0M | $47.5M | $1.43 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
FCN Capital Allocation
FCN SEC 10-K & 10-Q Filing 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 an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are FCN's key strengths?
Claude: Fortress balance sheet with low leverage (0.21x debt/equity) and strong liquidity position ($265.1M cash). Robust interest coverage ratio of 226.3x demonstrates significant debt servicing capacity.
What are the risks of investing in FCN?
Claude: Zero revenue growth (flat YoY) signals stagnant top-line performance and potential market share loss in competitive consulting sector. Declining profitability margins across gross (32.1%), operating (10.3%), and net (7.1%) levels despite flat revenue indicate cost structure pressures.
What is FCN's revenue and growth?
FTI CONSULTING, INC reported revenue of $3.8B.
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 $8.24.
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 March 2026, FTI CONSULTING, INC has a HOLD rating with 62% 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 15.6% (sector avg: 15%), net margin of 7.1% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy FCN stock in 2026?
Our dual AI analysis gives FTI CONSULTING, INC a combined HOLD 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 $152.1M, with capital expenditures of $58.5M. FCF margin is 2.5%.
How does FCN compare to other Default stocks?
Vs Default sector averages: Net margin 7.1% (avg: 12%), ROE 15.6% (avg: 15%), current ratio 1.56 (avg: 1.8).