Can FTI Consulting cover its short-term obligations?

Its current ratio is 2.30 — current assets exceed current liabilities.

Where does FTI Consulting's balance sheet data come from?

Every line is extracted from FTI Consulting's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

FTI Consulting FCN Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$198.28M-25.2%	$265.09M+81.6%	$145.97M-4.5%	$152.83M+1.1%	$151.12M-77.1%
Accounts receivable, net	$823.86M+7.8%	$764.22M-3.7%	$793.65M-2.0%	$810.09M+6.1%	$763.64M+2.8%
Prepaid expenses and other current assets	$119.16M-6.2%	$127M+3.0%	$123.29M-9.8%	$136.66M+29.6%	$105.42M+12.2%
Total current assets	$1.56B+2.6%	$1.52B+1.3%	$1.5B-0.3%	$1.5B+5.2%	$1.43B-21.5%
Property and equipment, net	$166.21M-1.8%	$169.33M-0.7%	$170.55M+1.1%	$168.73M+4.1%	$162.1M+7.9%
Accumulated depreciation	$16.76M-7.4%	$18.1M-44.5%	$32.65M+2.4%	$31.89M+8.6%	$29.36M+6.1%
Operating lease right-of-use assets	5.9%-20,149,199,994%	20,149,200,000%+20,149,199,994%	5.9%0.0%	5.9%-0.1%	6%-19,831,799,994%
Goodwill	$1.24B-0.2%	$1.24B+0.1%	$1.24B-0.1%	$1.24B+0.9%	$1.23B+0.4%
Intangible assets, net	$7.28M-8.1%	$7.92M-7.2%	$8.53M-8.4%	$9.31M-8.7%	$10.21M-39.1%
Other non-current assets	$245.72M-2.0%	$250.67M-6.8%	$269.07M-2.1%	$274.74M+19.2%	$230.57M+111%
Total assets	$3.51B+0.5%	$3.49B0.0%	$3.49B-0.1%	$3.49B+4.4%	$3.35B-6.9%
Accounts payable	$254.3M+23.3%	$206.25M+10.5%	$186.66M+1.0%	$184.87M-21.7%	$236.02M+5.2%
Accrued expenses	$369.35M-48.1%	$712.34M+26.8%	$561.9M+20.3%	$467.07M+40.2%	$333.17M-47.9%
Deferred revenue	$53.18M-6.0%	$56.61M-6.4%	$60.48M-1.8%	$61.55M-9.6%	$68.09M+0.7%
Current portion of long-term debt	$0—	$0—	——	——	——
Operating lease liabilities, current	$37.78M+1.5%	$37.21M+11.6%	$33.35M-7.4%	$36.02M+6.4%	$33.84M-0.8%
Total current liabilities	$676.83M-30.6%	$975.19M+20.5%	$809.04M+13.4%	$713.5M+12.0%	$637.29M-31.6%
Long-term debt	$754.26M+107%	$365M-28.4%	$510M+8.5%	$470M+194%	$160M—
Operating lease liabilities, non-current	$214.96M-4.3%	$224.51M-0.7%	$225.99M+4.3%	$216.75M+7.7%	$201.19M-3.3%
Operating Lease Liabilities (Total)	$252.73M-3.4%	$261.72M+0.9%	$259.34M+2.6%	$252.76M+7.5%	$235.03M-2.9%
Other non-current liabilities	$95.54M+3.3%	$92.49M+4.7%	$88.33M+1.5%	$87.06M-1.9%	$88.72M+2.1%
Total liabilities	$1.84B+5.0%	$1.76B+1.0%	$1.74B+9.1%	$1.59B+33.1%	$1.2B-10.5%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	75M0.0%	75M0.0%	75M0.0%	75M0.0%	75M+20,791%
Additional paid-in capital	$0-100%	$354K—	$0—	$0—	$0-100%
Retained earnings	$1.8B-3.3%	$1.86B-1.1%	$1.88B-7.2%	$2.03B-12.3%	$2.31B-3.5%
Accumulated other comprehensive income (loss)	-$139.66M-7.8%	-$129.6M+2.7%	-$133.14M-3.8%	-$128.23M+20.8%	-$162M+8.3%
Total stockholders' equity	$1.66B-4.2%	$1.73B-0.9%	$1.75B-7.9%	$1.9B-11.6%	$2.15B-4.8%
Total liabilities and stockholders' equity	$3.51B+0.5%	$3.49B0.0%	$3.49B-0.1%	$3.49B+4.4%	$3.35B-6.9%
Allowance for Doubtful Accounts	$106.35M+1.6%	$104.65M+9.9%	$95.2M+5.8%	$89.99M+2.0%	$88.2M-2.6%
Allowance for Doubtful Accounts Receivable (Current)	$106.35M+1.6%	$104.65M+9.9%	$95.2M+5.8%	$89.99M+2.0%	$88.2M-2.6%
Finance Receivables (Current)	$91.37M+4.0%	$87.86M-0.9%	$88.66M+2.4%	$86.61M+13.4%	$76.35M+70.1%
Unbilled Revenue	$430.57M+13.9%	$378.12M-14.5%	$442.22M+8.7%	$406.82M-3.3%	$420.58M+14.2%
Deferred Tax Assets and Other Non-Current Assets	$91.17M-4.1%	$95.09M+0.5%	$94.6M+0.5%	$94.08M+8.9%	$86.37M+13.3%
Equipment Installment Plan Receivables (Non-Current), Net	$245.72M-2.0%	$250.67M-6.8%	$269.07M-2.1%	$274.74M+19.2%	$230.57M+111%
Finite Lived Intangible Assets - Gross	$24.05M-7.6%	$26.03M-36.8%	$41.18M-0.1%	$41.21M+4.2%	$39.56M+1.9%
Indefinite-Lived Intangible Assets	$5.63M0.0%	$5.63M0.0%	$5.63M—	——	——
Indefinite-Lived Intangible Assets, Gross	$5.63M0.0%	$5.63M0.0%	$5.63M—	——	——
Indefinite-Lived Research and Development Assets	$5.63M0.0%	$5.63M0.0%	$5.63M—	——	——
Indefinite-Lived Trademarks	$5.63M0.0%	$5.63M0.0%	$5.63M—	——	——
Intangible Assets Gross (Excluding Goodwill)	$29.67M-6.3%	$31.65M-32.4%	$46.81M-0.1%	$46.83M+3.6%	$45.19M+1.7%
Net Investment in Lease	$193.8M-3.8%	$201.49M0.0%	$201.41M+2.9%	$195.75M+1.8%	$192.27M-3.1%
Intangible assets — net	$7.28M-8.1%	$7.92M-7.2%	$8.53M-8.4%	$9.31M-8.7%	$10.21M-8.4%
Other intangible assets—net	$12.91M-4.7%	$13.55M-4.3%	$14.16M-5.2%	$14.94M-5.6%	$15.83M-5.6%
Long-term financing receivables (net of allowances of $27 in 2026 and $34 in 2025)	$245.72M-2.0%	$250.67M-6.8%	$269.07M-2.1%	$274.74M+19.2%	$230.57M+111%
Operating lease right-of-use assets	$193.8M-3.8%	$201.49M0.0%	$201.41M+2.9%	$195.75M+1.8%	$192.27M-3.1%
Other non-current assets	$91.17M-4.1%	$95.09M+0.5%	$94.6M+0.5%	$94.08M+8.9%	$86.37M+13.3%
Operating Lease Right-of-Use Assets in Other Assets	$193.8M-3.8%	$201.49M0.0%	$201.41M+2.9%	$195.75M+1.8%	$192.27M-3.1%
Software and Technology Licenses, Net	$91.17M-4.1%	$95.09M+0.5%	$94.6M+0.5%	$94.08M+8.9%	$86.37M+13.3%
Accrued Manufacturing Costs	$369.35M-48.1%	$712.34M+26.8%	$561.9M+20.3%	$467.07M+40.2%	$333.17M-47.9%
Accounts payable and other current liabilities (Note 11)	$254.3M+23.3%	$206.25M+10.5%	$186.66M+1.0%	$184.87M-21.7%	$236.02M+5.2%
Compensation and benefits	$369.35M-48.1%	$712.34M+26.8%	$561.9M+20.3%	$467.07M+40.2%	$333.17M-47.9%
Lease Liability Payments - 2020 (Remaining Three Months)	$42.91M—	——	$10.62M-58.6%	$25.63M+15.3%	$22.24M—
Operating Lease Liability Payments - 2024 (Lessee)	$45.38M—	——	$54.13M+4.4%	$51.85M+6.2%	$48.83M—
Operating Lease Liability Payments - 2025 (Lessee)	$29.53M—	——	$33.01M+7.6%	$30.68M+6.7%	$28.76M—
Lease Liability Payments - Due Year Two	$45.38M—	——	$54.13M+4.4%	$51.85M+6.2%	$48.83M—
Lease Liability Payments - Due Year Three	$34.85M—	——	$43.09M+5.3%	$40.94M+6.6%	$38.39M—
Lease Liability Payments - Due Year Four	$29.53M—	——	$33.01M+7.6%	$30.68M+6.7%	$28.76M—
Lease Liability Payments - Remainder of Fiscal Year	$53.65M—	——	$56.13M+2.9%	$54.56M+6.1%	$51.44M—
Operating Lease Liability Payments Due	$313.87M—	——	$323.69M+2.7%	$315.04M+5.1%	$299.83M—
Operating Lease Liability - Undiscounted Excess Amount	$61.13M—	——	$64.35M+3.3%	$62.27M-3.9%	$64.79M—
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$743K—	$0—	——	——	——
Operating Lease Liability Payments - 2027 (Lessee)	$34.85M—	——	$43.09M+5.3%	$40.94M+6.6%	$38.39M—
Operating Lease Liability Payments - 2028 (Lessee)	$29.53M—	——	$33.01M+7.6%	$30.68M+6.7%	$28.76M—
Total debt	$1.01B+60.7%	$626.72M-18.5%	$769.34M+6.4%	$722.76M+83.0%	$395.03M+63.1%
Total Carrying Value of Debt	$755M+107%	$365M—	——	——	——
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	30.1M-2.3%	30.9M-1.5%	31.3M-4.2%	32.7M-6.1%	34.9M-2.9%
Convertible Preferred Stock Authorized Shares	5M0.0%	5M0.0%	5M0.0%	5M0.0%	5M0.0%
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Additional paid-in capital	$0-100%	$354K—	$0—	$0—	$0-100%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$301K-2.6%	$309K-1.3%	$313K-4.3%	$327K-6.3%	$349K-2.8%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Allowance for doubtful accounts	$106.35M+1.6%	$104.65M+9.9%	$95.2M+5.8%	$89.99M+2.0%	$88.2M-2.6%
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$75M0.0%	$75M0.0%	$75M0.0%	$75M0.0%	$75M0.0%
Common stock, shares issued (in shares)	$30.15M-2.3%	$30.86M-1.5%	$31.35M-4.2%	$32.73M-6.1%	$34.86M-2.9%
Common Stock, Shares, Outstanding	$30.15M-2.3%	$30.86M-1.5%	$31.35M-4.2%	$32.73M-6.1%	$34.86M-2.9%
Long-term debt, gross	$755M+107%	$365M—	——	——	——
Deferred income taxes	$103.25M+3.7%	$99.61M-6.7%	$106.78M-0.2%	$106.97M-3.5%	$110.86M-0.9%
Finite-Lived Intangible Assets, Accumulated Amortization	$16.76M-7.4%	$18.1M-44.5%	$32.65M+2.4%	$31.89M+8.6%	$29.36M+6.1%
Gross Carrying Amount	$24.05M-7.6%	$26.03M-36.8%	$41.18M-0.1%	$41.21M+4.2%	$39.56M+1.9%
Trademarks	$5.63M0.0%	$5.63M0.0%	$5.63M—	——	——
Indefinite- lived intangible impairment	$29.67M-6.3%	$31.65M-32.4%	$46.81M-0.1%	$46.83M+3.6%	$45.19M+1.7%
Lessee Operating Lease Liability Payments Due	$313.87M—	——	$323.69M+2.7%	$315.04M+5.1%	$299.83M—
Thereafter	$107.54M—	——	$126.72M+13.8%	$111.39M+1.1%	$110.17M—
Lessee Operating Lease Liability Undiscounted Excess Amount	$61.13M—	——	$64.35M+3.3%	$62.27M-3.9%	$64.79M—
Operating Lease Weighted Average Discount Rate Percent	$0.06—	——	$0.060.0%	$0.06-1.7%	$0.06—
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$5M0.0%	$5M0.0%	$5M0.0%	$5M0.0%	$5M0.0%
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$20.1M-26.4%	$27.3M+25.2%	$21.8M-11.0%	$24.5M-12.5%	$28M+9.8%
Unbilled Receivables	$430.57M+13.9%	$378.12M-14.5%	$442.22M+8.7%	$406.82M-3.3%	$420.58M+14.2%
Remainder of Fiscal Year 2024	$42.91M—	——	$10.62M-58.6%	$25.63M+15.3%	$22.24M—

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Questions, answered.

Can FTI Consulting cover its short-term obligations?: Its current ratio is 2.30 — current assets exceed current liabilities.
Where does FTI Consulting's balance sheet data come from?: Every line is extracted from FTI Consulting's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.