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FTI Consulting FCN Operating margin

Operating margin at other companies

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10.3%-0.2pp
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Houlihan LokeyHLI
20.1%-0.9pp

Other financials

Income statement

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Revenue$993.5M+5.3%
Gross profit$316.3M+4.5%
Operating income$85.0M-14.3%
Net income$57.8M-19.4%
EPS (diluted)$1.99-6.6%

Balance sheet

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Cash & equivalents$163.7M+7.1%
Total debt$1.3B+75.4%
Total equity$1.3B-29.8%
Total assets$3.5B+1.2%

Cash flow

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Operating cash flow-$310.0M+33.4%
CapEx$11.3M-35.3%
Free cash flow-$320.6M+33.6%

Valuation

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Market cap$4.17B-23.4%
Enterprise value$5.27B-12.3%
P/E16.5×-5.3×
P/S1.1×-0.4×

Profitability

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Gross margin31.8%+0.2pp
Net margin6.4%-0.4pp
FCF margin4.3%-0.4pp

Returns & leverage

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Return on equity15.6%+3.3pp
Debt / equity+0.6×
Current ratio-0.1×

Where this comes from

Calculated from FTI Consulting’s reported figures.

Based on trailing twelve months.

The source filing: FTI Consulting’s 10-Q, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 7:30 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000887936-26-000088

FAQ

What is FTI Consulting's operating margin?
FTI Consulting (FCN) reported operating margin of 9.7% in Q2 2026.
How has FTI Consulting's operating margin changed year-over-year?
FTI Consulting's operating margin increased by 10.3% year-over-year, from 8.8% to 9.7%.
What is the long-term trend for FTI Consulting's operating margin?
Over 5 years (2020 to 2025), FTI Consulting's operating margin has grown at a -2.2% compound annual growth rate (CAGR), from 11.5% to 10.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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