FTI Consulting Inc. Common Stock (FCN)

FairStock Score: 56/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at FTI Consulting as a specialized advisory firm: corporate finance, forensic and litigation consulting, economic consulting, technology, and strategic communications. That is a specialized set of services, but the figures do not prove a wide moat; it is a people business with limited hard assets. The numbers show a steady but unspectacular enterprise. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $993.5M, up from $943.7M in fiscal Q2 2025, the quarter ended 2025-06-30, yet net income fell to $57.8M from $71.7M. That is the wrong direction. In fiscal year 2025, the year ended 2025-12-31, revenue was $3.8B and net income $270.9M, versus fiscal year 2024, the year ended 2024-12-31, revenue $3.7B and net income $280.1M. The latest quarter margin was only 5.82%. On the plus side, trailing free cash flow is $358.7M, a 9.4% FCF yield on the $3.8B market cap, and ROE is 15.63%. But ROCE is 6.88% and debt-to-equity is 0.95, so returns are not as robust as they first appear. The Piotroski score is 6/9, and the Altman Z-score is 2.26, not a fortress balance sheet. At the $137.89 close on 2026-10-13, FairStock calculates a P/E of 16.69. The Graham Number is $94.59, leaving a negative 45.78% margin of safety, while EV/EBITDA is 11.20. FairStock's score is 56/100, and its Lynch category is SLOW GROWER. For a slow grower with falling profits, I would want a wider discount. The cash generation is attractive, but the price is not a bargain.

In plain English: FTI Consulting sells business advice, including help with disputes, risks, turnarounds, technology, and communications. It still makes solid cash and earns a decent return on shareholders' money, but recent profits have slipped. At the latest price, the shares look fair rather than clearly cheap compared with earnings and asset value.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer