FTI Consulting, Inc. (FCN): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how FTI Consulting, Inc. (FCN), a global business advisory firm with over 8,300 employees in 34 countries, helps organizations navigate change and mitigate risk? With a record of $3.699 billion in revenues during the fiscal year 2024, the company operates through five segments to provide financial, legal, operational, and reputational advisory services. Keep reading to explore the history, ownership structure, mission, and revenue streams of this consulting powerhouse.

FTI Consulting, Inc. (FCN) History

FTI Consulting, Inc. Founding Timeline

Year established

FTI Consulting, Inc. was established in 1982.

Original location

The company was originally located in Annapolis, Maryland.

Founding team members

The founding team members included:

• Joseph E. Brulé
• William T. restis
• Wayne P. Johnson

Initial capital/funding

Information regarding the initial capital and funding is not readily available in the provided search results.

FTI Consulting, Inc. Evolution Milestones

FTI Consulting, Inc. Transformative Moments

• Shift to Corporate Restructuring: The strategic decision to move into corporate restructuring and financial advisory in the late 1990s was pivotal. This transformation broadened the company’s service offerings and client base.
• Strategic Acquisitions: FTI Consulting has grown significantly through strategic acquisitions, enhancing its capabilities in areas like technology, communications, and energy consulting.
• Global Expansion: The company’s expansion into Europe and other international markets has been crucial for its growth, providing access to new clients and markets.
• Financial Performance: In the fiscal year 2024, FTI Consulting reported revenues of $3.3 billion, reflecting its continued growth and market position.

Here's more on their financial health: Breaking Down FTI Consulting, Inc. (FCN) Financial Health: Key Insights for Investors

FTI Consulting, Inc. (FCN) Ownership Structure

As a publicly traded company, FTI Consulting's ownership is distributed among a mix of institutional investors, mutual funds, and individual shareholders.

FTI Consulting, Inc.'s Current Status

FTI Consulting, Inc. is a publicly held company, trading on the New York Stock Exchange (NYSE) under the ticker symbol FCN.

FTI Consulting, Inc.'s Ownership Breakdown

Understanding the ownership structure of FTI Consulting provides insights into the stability and potential influences on the company's strategic direction. Here’s a breakdown of the ownership percentages:

FTI Consulting, Inc.'s Leadership

The leadership team at FTI Consulting, Inc. is responsible for setting the strategic direction and overseeing the company's operations. Key members of the leadership team as of April 2025 include:

• Steven H. Gunby: President and Chief Executive Officer
• Ajay Sabherwal: Chief Financial Officer
• Holly Paul: Chief Human Resources Officer

These individuals, along with other executive leaders, guide FTI Consulting in delivering expert consulting services across various industries. For more insights into FTI Consulting's financial standing, check out Breaking Down FTI Consulting, Inc. (FCN) Financial Health: Key Insights for Investors.

FTI Consulting, Inc. (FCN) Mission and Values

FTI Consulting's mission is to deliver superior, sustainable value for clients, employees, and shareholders. The company's values emphasize integrity, independence, objectivity, and the pursuit of excellence.

FTI Consulting's Core Purpose

Official mission statement

FTI Consulting's mission statement is not explicitly available in the provided search results. However, information regarding their services and values suggests that their mission revolves around providing expert consulting services to clients facing complex challenges and opportunities. This encompasses areas like:

• Restructuring
• Investigations
• Disputes
• Transactions
• Regulatory Issues
• Risk Management

FTI Consulting aims to offer strategic solutions and expert guidance to help clients navigate critical issues and achieve their desired outcomes.

Vision statement

While a specific vision statement for FTI Consulting isn't directly found in the search results, the company's focus on growth, global presence, and diverse expertise indicates a vision to be the leading global consulting firm renowned for:

• Providing comprehensive solutions
• Attracting top talent
• Delivering exceptional value to clients
• Expanding its capabilities and reach

Company slogan/tagline

I couldn't find a specific official slogan or tagline for FTI Consulting in the provided search results.

For more in-depth information, check this link: Mission Statement, Vision, & Core Values of FTI Consulting, Inc. (FCN).

FTI Consulting, Inc. (FCN) How It Works

FTI Consulting, Inc. operates by providing specialized consulting services to corporations, financial institutions, and governments, assisting them in navigating complex challenges and opportunities. Exploring FTI Consulting, Inc. (FCN) Investor Profile: Who’s Buying and Why?

FTI Consulting's Product/Service Portfolio

FTI Consulting's Operational Framework

FTI Consulting operates through a global network of consultants who possess deep industry knowledge and specialized expertise. The firm's operational framework is centered around:

• Client Engagement: Understanding client needs and objectives through close collaboration.
• Expert Teams: Assembling teams of experts with relevant skills and experience to address specific client challenges.
• Data-Driven Insights: Utilizing data analytics and industry research to develop informed strategies and solutions.
• Independent and Objective Advice: Providing unbiased advice and recommendations based on thorough analysis and expertise.
• Global Reach: Leveraging a global network of offices and consultants to serve clients across different regions and industries.

The company reported revenue of $3.49 billion for the fiscal year 2024. This revenue is generated through billable hours and project-based fees, reflecting the value of their specialized consulting services.

FTI Consulting's Strategic Advantages

FTI Consulting's success in the consulting industry can be attributed to several strategic advantages:

• Expertise and Specialization: Deep industry knowledge and specialized expertise in areas such as restructuring, litigation, and technology.
• Global Network: A global network of offices and consultants enables the firm to serve clients across different regions and industries.
• Independence and Objectivity: Providing unbiased advice and recommendations based on thorough analysis and expertise.
• Reputation and Brand Recognition: A strong reputation and brand recognition as a leading consulting firm.
• Data-Driven Approach: Utilizing data analytics and industry research to develop informed strategies and solutions.

These advantages enable FTI Consulting to maintain a competitive edge and deliver significant value to its clients, contributing to its financial performance and market position. The company's market capitalization stands at approximately $6.58 billion as of April 2025, reflecting investor confidence in its strategic direction and growth prospects.

FTI Consulting, Inc. (FCN) How It Makes Money

FTI Consulting, Inc. primarily generates revenue by providing expert consulting services and solutions across various industries, helping clients manage change, mitigate risk, and resolve disputes.

FTI Consulting, Inc.'s Revenue Breakdown

FTI Consulting, Inc. operates through five main segments. Below is a general overview of how revenue is distributed among them; however, precise figures may fluctuate annually.

FTI Consulting, Inc.'s Business Economics

The company’s business economics are underpinned by several key factors:

• Pricing Strategy: FTI Consulting, Inc. generally employs a value-based pricing model, where fees are determined by the expertise provided and the specific outcomes achieved for clients. This can include hourly rates, fixed project fees, and success-based fees.
• Economic Fundamentals: Demand for FTI Consulting, Inc.'s services is influenced by macroeconomic conditions, regulatory changes, and industry-specific trends. For example, economic downturns can increase demand for restructuring services, while new regulations can drive demand for forensic and litigation consulting.
• Cost Structure: The company's cost structure includes consultant salaries, benefits, and other operating expenses. Managing these costs effectively is crucial for maintaining profitability.

FTI Consulting, Inc.'s Financial Performance

Key aspects of FTI Consulting, Inc.'s recent financial performance include:

• In the fiscal year 2024, FTI Consulting, Inc. reported revenue of $3.48 billion, an increase of 13.8% compared to $3.06 billion in the prior year.
• The Company’s diluted earnings per share (EPS) increased to $6.75, compared to $5.52 in the prior year.
• As of December 31, 2024, FTI Consulting, Inc. had cash and cash equivalents of $337.3 million.
• Adjusted EBITDA increased to $466.1 million, or 13.4% of revenue, compared to $401.9 million, or 13.1% of revenue, in the prior year.

To gain more insight into the values and principles that guide FTI Consulting, Inc., explore Mission Statement, Vision, & Core Values of FTI Consulting, Inc. (FCN).

FTI Consulting, Inc. (FCN) Market Position & Future Outlook

FTI Consulting holds a strong position in the global business advisory services market and is expected to maintain a positive outlook, driven by strategic initiatives and adaptation to evolving market dynamics.

Competitive Landscape

Opportunities & Challenges

Industry Position

FTI Consulting operates in a highly competitive industry, providing specialized consulting services across various sectors. Key aspects of its industry standing include:

• Global Presence: FTI Consulting has a significant international footprint, allowing it to serve clients across different regions and industries.
• Expertise: The firm is known for its deep expertise in areas such as restructuring, forensic accounting, and dispute resolution.
• Client Base: FTI Consulting serves a diverse client base, including corporations, law firms, and government entities.
• Market Recognition: FTI Consulting is consistently recognized as a leader in its core service areas, enhancing its reputation and attracting top talent.

To learn more about the company's guiding principles, visit: Mission Statement, Vision, & Core Values of FTI Consulting, Inc. (FCN).