FTI Consulting Inc (FCN)
Total 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 |
Total assets | US$ in thousands | 3,596,830 | 3,325,880 | 3,241,410 | 3,100,910 | 2,777,360 |
Total asset turnover | 1.03 | 1.05 | 0.93 | 0.90 | 0.89 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,698,650K ÷ $3,596,830K
= 1.03
The total asset turnover ratio for FTI Consulting Inc has shown a consistent upward trend over the years, indicating a more efficient utilization of assets to generate revenue. From 0.89 in December 2020 to 1.03 in December 2024, the ratio has improved steadily. This suggests that the company is effectively generating sales relative to its total assets, reflecting strong asset management and operational efficiency. The increasing trend in total asset turnover is a positive sign of the company's ability to maximize its asset base to drive revenue growth and profitability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Total asset turnover
FTI Consulting Inc
FCN
1.03
Exponent Inc
EXPO
0.72
Genpact Limited
G
0.96