FTI Consulting Inc (FCN)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,698,650 | 3,489,240 | 3,028,910 | 2,776,220 | 2,461,280 |
| Property, plant and equipment | US$ in thousands | — | — | 357,230 | 142,163 | 101,642 |
| Fixed asset turnover | — | — | 8.48 | 19.53 | 24.22 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,698,650K ÷ $—K
= —
FTI Consulting Inc's fixed asset turnover ratio has shown a decreasing trend over the years. In December 31, 2020, the ratio stood at 24.22, indicating that the company generated $24.22 in revenue for each dollar invested in fixed assets. However, by December 31, 2021, the ratio decreased to 19.53, suggesting a decline in efficiency in utilizing fixed assets to generate revenue. The trend continued with a significant drop to 8.48 by December 31, 2022, implying a further decrease in the company's ability to generate revenue from its fixed assets.
The absence of data for December 31, 2023, and December 31, 2024, prevents a complete analysis of the fixed asset turnover ratio for those years. However, based on the available data, FTI Consulting Inc may need to assess its asset utilization strategies and consider ways to improve efficiency in generating revenue from its fixed assets to ensure sustainable growth and profitability.
Peer comparison
Dec 31, 2024