FTI Consulting, Inc. (FCN)

FTI Consulting Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	270.87	280.09	274.89	235.51	234.97
Depreciation & Amortization	49.24	48.09	47.24	45.54	45.09
Other Amortization	-	1.08	1.93	2.22	11.7
Stock-Based Compensation	39.32	38.44	29.53	25.41	23.05
Provision & Write-off of Bad Debts	42.84	50.32	35.15	19.68	16.15
Other Operating Activities	98.53	34.24	6.15	22.52	4.63
Change in Accounts Receivable	-34.26	18.34	-229.3	-182.67	-61.27
Change in Accounts Payable	6.63	12.88	8.69	8.43	-2.1
Change in Unearned Revenue	-12.09	0.27	13.76	9.27	1.7
Change in Income Taxes	-67.96	-29.44	29.34	-4.32	10.52
Change in Other Net Operating Assets	-240.99	-59.2	7.09	7.18	71.05
Operating Cash Flow	152.13	395.1	224.46	188.79	355.48
Operating Cash Flow Growth	-61.49%	76.02%	18.89%	-46.89%	8.69%
Capital Expenditures	-58.53	-35.41	-49.48	-53.32	-68.67
Cash Acquisitions	-	-	-	-6.74	-10.43
Investment in Securities	-	25.25	-24.36	-	-
Investing Cash Flow	-58.53	-10.16	-73.84	-60.06	-79.09
Short-Term Debt Issued	-	600	835	165	402.5
Long-Term Debt Issued	1,280	-	-	-	-
Total Debt Issued	1,280	600	835	165	402.5
Short-Term Debt Repaid	-	-600	-835	-165	-402.5
Long-Term Debt Repaid	-915	-	-315.76	-	-
Total Debt Repaid	-915	-600	-1,151	-165	-402.5
Net Debt Issued (Repaid)	365	-	-315.76	-	-
Issuance of Common Stock	1.39	10.89	1.3	2.62	-
Repurchase of Common Stock	-877.23	-29.24	-37.36	-103.38	-55.38
Other Financing Activities	0.36	2.97	-2.84	-5.26	-6.3
Financing Cash Flow	-510.48	-15.38	-354.66	-106.01	-61.67
Foreign Exchange Rate Adjustments	21.47	-12.28	15.57	-25.52	-15.18
Net Cash Flow	-395.4	357.27	-188.47	-2.8	199.53
Free Cash Flow	93.6	359.69	174.98	135.48	286.82
Free Cash Flow Growth	-73.98%	105.56%	29.16%	-52.77%	-1.85%
Free Cash Flow Margin	2.47%	9.72%	5.01%	4.47%	10.33%
Free Cash Flow Per Share	2.85	10.04	4.91	3.79	8.12
Cash Interest Paid	19.67	5.92	14.39	7.84	9.1
Cash Income Tax Paid	144.36	116.73	79.59	77.01	47.5
Levered Free Cash Flow	220.35	379.85	178.84	119.3	216.87
Unlevered Free Cash Flow	233.72	383.12	185.87	123.35	217.86
Change in Working Capital	-348.67	-57.15	-170.43	-162.11	19.89

Updated Feb 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q