FTI Consulting (FCN)

Company Profile

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 6,300 employees located in 28 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.46 billion in revenues during fiscal year 2020.

Company profile

Ticker

FCN

Exchange

NYSE

Website

www.fticonsulting.com

CEO

Steven Gunby

Incorporated

Maryland

Location

District of Columbia

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Payroll Services

Industry (SIC)

Services - Management Consulting Services

Booz Allen Hamilton Holding • Genpact • Huron Consulting • ICF International • Exponent • RMR Group Inc (The) • AgileThought • Montrose Environmental • Atlas Technical Consultants • Hackett Group Inc ...

Former names

FORENSIC TECHNOLOGIES INTERNATIONAL CORP, FTI CONSULTING INC

SEC CIK

0000887936

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Andersch digital GmbH • Andersch Management GmbH • Bold Capital Holding B.V. • Bold Capital Management B.V. • Bold Investment Management B.V. • Bold Support Optimisation B.V. • Compass Lexecon (Belgium) SRL • Compass Lexecon Economic Consulting (Beijing) Co., Ltd. • Compass Lexecon LLC • [fka LI Acquisition Company ...

IRS number

521261113

FCN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$203.50

Low target

$167.00

High target

$240.00

Latest filings (excl ownership)

View all

8-K

FCN.N - Q4 2022 FTI Consulting Inc Earnings Call

27 Feb 23

8-K

Results of Operations and Financial Condition

24 Feb 23

8-K

FTI Consulting Reports Fourth Quarter and Full Year 2022 Financial Results

23 Feb 23

Amendments to Articles of Incorporation or Bylaws

21 Feb 23

8-K

FTI Consulting, Inc. Announces $400.0 Million Stock Repurchase Authorization

5 Dec 22

8-K

FTI Consulting Announces Increase of Senior Secured Revolving Line of Credit to $900.0 Million and About FTI Consulting

22 Nov 22

8-K

FCN.N – Q3 2022 FTI Consulting Inc Earnings Call

31 Oct 22

8-K

Results of Operations and Financial Condition

28 Oct 22

8-K

FTI Consulting Reports Record Third Quarter 2022 Financial Results

28 Oct 22

Transcripts

View all

FCN

Earnings call transcript

2022 Q4

23 Feb 23

FCN

Earnings call transcript

2022 Q3

27 Oct 22

FCN

Earnings call transcript

2022 Q2

31 Jul 22

FCN

Earnings call transcript

2022 Q1

29 Apr 22

FCN

Earnings call transcript

2021 Q4

26 Feb 22

FCN

Earnings call transcript

2021 Q3

28 Oct 21

FCN

Earnings call transcript

2021 Q2

31 Jul 21

FCN

Earnings call transcript

2021 Q1

2 May 21

FCN

Earnings call transcript

2020 Q4

26 Feb 21

FCN

Earnings call transcript

2020 Q3

1 Nov 20

Latest ownership filings

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KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC

Financial summary

Financial statements Chart FCN financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	491.69 mm	491.69 mm	491.69 mm	491.69 mm	491.69 mm	491.69 mm
Cash burn (monthly)	(no burn)	233.08 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	632.96 k	n/a	n/a	n/a	n/a
Cash remaining	n/a	491.06 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	2106.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

FCN institutional ownership history Ownership history

3.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	345	343	+0.6%
Opened positions	47	48	-2.1%
Closed positions	45	46	-2.2%
Increased positions	129	107	+20.6%
Reduced positions	120	140	-14.3%

13F shares	Current	Prev Q	Change
Total value	5.58 tn	5.68 bn	+98147.9%
Total shares	35.56 mm	34.29 mm	+3.7%
Total puts	65.00 k	46.30 k	+40.4%
Total calls	106.80 k	140.10 k	-23.8%
Total put/call ratio	0.6	0.3	+84.2%

Largest owners	Shares	Value	Change
Mawer Investment Management	3.82 mm	$605.88 bn	-12.5%
Kayne Anderson Rudnick Investment Management	3.37 mm	$534.64 bn	-1.3%
Vanguard	3.21 mm	$509.25 bn	+1.6%
BLK Blackrock	3.07 mm	$487.22 bn	+3.4%
MS Morgan Stanley	1.55 mm	$245.88 bn	+793.2%
Neuberger Berman	1.24 mm	$196.65 bn	-0.2%
Alliancebernstein	995.15 k	$158.03 bn	+266.7%
STT State Street	968.18 k	$153.75 bn	NEW
Dimensional Fund Advisors	859.19 k	$137.52 bn	-8.9%
FIL	857.80 k	$136.22 bn	+4.8%

Largest transactions	Shares	Bought/sold	Change
MS Morgan Stanley	1.55 mm	+1.38 mm	+793.2%
STT State Street	968.18 k	+968.18 k	NEW
Alliancebernstein	995.15 k	+723.80 k	+266.7%
Atlanta Capital Management Co L L C	0.00	-662.93 k	EXIT
Mawer Investment Management	3.82 mm	-546.06 k	-12.5%
Fuller & Thaler Asset Management	231.00 k	-329.62 k	-58.8%
Norges Bank	283.25 k	+283.25 k	NEW
Greenvale Capital	710.00 k	+235.00 k	+49.5%
Vaughan Nelson Investment Management	0.00	-222.52 k	EXIT
Allspring Global Investments	431.14 k	+206.33 k	+91.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FCN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Mar 23	Keating Brendan J	Common Stock	Payment of exercise	Dispose F	No	No	195.94	500	97.97 k	5,500
11 Mar 23	Sabherwal Ajay	Common Stock	Payment of exercise	Dispose F	No	No	186.58	338	63.06 k	16,511
11 Mar 23	Lu Curtis P	Common Stock	Payment of exercise	Dispose F	No	No	186.58	315	58.77 k	29,190
11 Mar 23	Paul Holly	Common Stock	Payment of exercise	Dispose F	No	No	186.58	337	62.88 k	30,559
10 Mar 23	Sabherwal Ajay	Common Stock	Payment of exercise	Dispose F	No	No	186.58	310	57.84 k	16,849
10 Mar 23	Lu Curtis P	Common Stock	Payment of exercise	Dispose F	No	No	186.58	288	53.74 k	29,505
10 Mar 23	Lu Curtis P	Common Stock	Sell	Dispose S	No	No	191.35	349	66.78 k	29,793
10 Mar 23	Paul Holly	Common Stock	Payment of exercise	Dispose F	No	No	186.58	308	57.47 k	30,896
9 Mar 23	Ellis Vernon James	Common Stock	Gift	Dispose G	No	No	0	700	0.00	26,227
9 Mar 23	Sabherwal Ajay	Common Stock	Payment of exercise	Dispose F	No	No	179.94	313	56.32 k	17,159