FTI Consulting, Inc. (FCN) financial statements (2021 and earlier)

Company profile

Business Address 555 12TH STREET NW
WASHINGTON, DC 20004
State of Incorp. MD
Fiscal Year End December 31
SIC 8742 - Management Consulting Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments295369312190216150284
Cash and cash equivalents295369312190216150284
Restricted cash and investments      0
Receivables757737603556522551536
Prepaid expense48403636333130
Costs in excess of billings   248
Other current assets   819292115
Other undisclosed current assets303315(69)(79)(82)(329)
Total current assets:1,1301,179965794783742884
Noncurrent Assets
Operating lease, right-of-use asset157160
Property, plant and equipment102948575627582
Long-term investments and receivables61698498105107122
Accounts and financing receivable, after allowance for credit loss61698498105107122
Intangible assets, net (including goodwill)1,2761,2411,2071,2491,2321,2621,289
Goodwill1,2351,2031,1721,2051,1801,1981,212
Intangible assets, net (excluding goodwill)42383544526477
Deferred costs      13
Other noncurrent assets52413841444453
Other undisclosed noncurrent assets      (13)
Total noncurrent assets:1,6481,6041,4141,4631,4421,4871,546
TOTAL ASSETS:2,7772,7832,3792,2572,2252,2292,431
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:17015910595879099
Accounts payable1318181416109
Accrued liabilities65475246434653
Employee-related liabilities      221
Taxes payable1536131291712
Interest and dividends payable3222239
Other undisclosed accounts payable and accrued liabilities745619211714(205)
Deferred revenue4437
Debt      11
Billings in excess of cost47302936
Contract with customer, liability44
Other liabilities   410378347367
Other undisclosed current liabilities456417334(142)(117)(119)(146)
Total current liabilities:670613483410378347367
Noncurrent Liabilities
Long-term debt and lease obligation448452266396366495700
Long-term debt, excluding current maturities286276266396366495700
Operating lease, liability162176
Liabilities, other than long-term debt, including:259229131259274240264
Deferred compensation liability, classified      1
Deferred tax liabilities, net  174140162
Deferred income tax liabilities158151
Liability for uncertainty in income taxes  43383
Other liabilities1017812713410010099
Other undisclosed liabilities, other than long-term debt   122(3)(8) 
Other undisclosed noncurrent liabilities  151   (704)
Total noncurrent liabilities:707681548655640734261
Other undisclosed liabilities      700
Total liabilities:1,3771,2941,0301,0651,0181,0811,328
Stockholders' equity
Stockholders' equity attributable to parent, including:1,4001,4891,3491,1921,2071,1481,103
Common stock0000000
Additional paid in capital 35300266417401393
Accumulated other comprehensive loss(106)(141)(148)(120)(151)(109)(80)
Retained earnings1,5061,4131,1971,046941855789
Other undisclosed stockholders' equity attributable to parent 181     
Total stockholders' equity:1,4001,4891,3491,1921,2071,1481,103
TOTAL LIABILITIES AND EQUITY:2,7772,7832,3792,2572,2252,2292,431

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,4612,3532,0281,8081,8101,7791,756
Cost of revenue(1,673)(1,535)(1,328)(1,216)(1,211)(1,171)(1,145)
Gross profit:789818700592600608611
Operating expenses(488)(504)(466)(430)(435)(433)(508)
Other undisclosed operating income (loss)(17)(8)(8)(54)(23)(11)43
Operating income:283306226109142165147
Nonoperating expense(20)(17)(18)(22)(14)(59)(46)
Foreign currency transaction gain (loss), before tax(4)(3)0(0)5(1)(3)
Interest and debt expense(20)(19)(9)(25)(25)(20)(51)
Other undisclosed income from continuing operations before equity method investments, income taxes2019925252051
Income from continuing operations before income taxes:26228820887128105101
Income tax expense (benefit)(52)(72)(57)21(42)(39)(43)
Net income available to common stockholders, diluted:211217151108866659

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:211217151108866659
Other comprehensive income (loss)34 (28)31(42)(29)(29)
Comprehensive income:245217123139443730
Other undisclosed comprehensive income, net of tax, attributable to parent 7     
Comprehensive income, net of tax, attributable to parent:245224123139443730

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: