On this page of StockholderLetter.com we present the latest annual shareholder letter from FTI CONSULTING, INC — ticker symbol FCN. Reading current and past FCN letters to shareholders can bring important insights into the investment thesis.
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4/21/2025 Letter Continued (Full PDF)
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4/24/2023 FCN Stockholder Letter
• 4/19/2024 FCN Stockholder Letter
• More "Business Services & Equipment" Category Stockholder Letters
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FCN Benford's Law Stock Score = 77
4/21/2025 Letter Continued (Full PDF)
•
4/24/2023 FCN Stockholder Letter•
4/19/2024 FCN Stockholder Letter•
More "Business Services & Equipment" Category Stockholder Letters•
FCN Benford's Law Stock Score = 77FCN Shareholder/Stockholder Letter Transcript:
Annual Report 2024 AN FTI CONSULTING REPORT PUBLISHED 00/00/2022 Headline is set in Source Sans Pro Regular 33/34pt fticonsulting.com 24 FTI Consulting, Inc. 202 2024 0 4A ANNUAL NNU N AL REPORT T A letter from our President and Chief Executive Officer In 2024, we once again delivered record revenues and delivered our tenth year in a row of Adjusted Earnings per Share growth. And we delivered those financial results notwithstanding the fact that we continued to attract and invest in great talent. Having said that, the second half of 2024 fell short of our expectations due to both market factors and some idiosyncratic factors. As any longtime shareholder knows, these sorts of zigs and zags of performance are endemic to our business. Over short periods of time, market forces and idiosyncratic forces can vary widely and can impact us, and sometimes, significantly. What we have found is that the key to long-term success is to not overreact to those short-term factors, that if we maintain our focus and commitment to do the right things for our business and focus on what really matters in professional services attracting great people, supporting those people and delivering for our clients though we will always have quarterly and annual zigzags, over any extended period of time, the zigzags will surround a powerfully upward-sloping line. We intend to maintain that commitment, and I believe that with that commitment this company will deliver an extraordinarily bright future for our shareholders, for our clients and for our people. I look forward to sharing that with you as we go forward. STEVEN H. GUNBY President and Chief Executive Officer 3 FTI Consulting, Inc. 2024 ANNUAL REPORT 2024 ANNUAL REPORT FTI Consulting, Inc. 3 4 FTI TI Co Consulting, onsu n lti ting, n In ng, Inc. c.. 202 2024 024 ANNU A ANNUAL NNUA NNU AL REPORT AL REPO REP ORT O RT R T 2024 Business Highlights $3.7 Billion $7.81 and $7.99 Global revenues of $3.7 billion, reflecting 6% growth compared with 2023. Record Earnings per Diluted Share ( EPS ) of $7.81 and Adjusted EPS (1) of $7.99. Diverse Revenue Growth Global Platform All five business segments delivered record revenues in 2024. Revenues outside of the U.S. represented 36% of company revenues in 2024. $660.5 Million $516.3 Million Cash and cash equivalents of $660.5 million for the year ended December 31, 2024. Returned $516.3 million to shareholders through share repurchases since 2020. (1) Please refer to pages 18 through 21 of this Annual Report for the definitions of Adjusted EPS and other non-GAAP financial measures and the reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures. 5 FTI Consulting, Inc. 2024 ANNUAL REPORT 2024 ANNUAL REPORT FTI Consulting, Inc. 5