FTI Consulting Inc (FCN)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,698,652 | 3,728,412 | 3,695,654 | 3,611,089 | 3,489,242 | 3,338,989 | 3,221,593 | 3,111,994 | 3,028,908 | 2,930,708 | 2,857,071 | 2,813,565 | 2,776,222 | 2,726,572 | 2,646,593 | 2,542,959 | 2,461,275 | 2,436,912 | 2,407,769 | 2,406,036 |
| Total assets | US$ in thousands | 3,596,830 | 3,517,180 | 3,357,640 | 3,324,530 | 3,325,880 | 3,318,830 | 3,246,310 | 3,100,980 | 3,241,410 | 3,082,090 | 3,003,170 | 2,949,290 | 3,100,910 | 3,006,920 | 2,938,430 | 2,778,200 | 2,777,360 | 2,794,400 | 2,704,910 | 2,637,180 |
| Total asset turnover | 1.03 | 1.06 | 1.10 | 1.09 | 1.05 | 1.01 | 0.99 | 1.00 | 0.93 | 0.95 | 0.95 | 0.95 | 0.90 | 0.91 | 0.90 | 0.92 | 0.89 | 0.87 | 0.89 | 0.91 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,698,652K ÷ $3,596,830K
= 1.03
The total asset turnover ratio for FTI Consulting Inc has shown some fluctuations over the past few years, ranging from 0.87 to 1.10. This ratio measures the efficiency with which the company's total assets are utilized to generate revenue. A higher total asset turnover ratio generally indicates better efficiency in asset utilization.
FTI Consulting Inc's total asset turnover ratio increased steadily from 0.87 in September 2020 to a peak of 1.10 in June 2024. This suggests that the company has been able to generate more revenue relative to its total assets during this period. However, there was a slight decrease in the ratio to 1.03 by December 2024.
Overall, the increasing trend in the total asset turnover ratio over the years is a positive sign of improved asset efficiency and revenue generation for FTI Consulting Inc. It indicates that the company has been able to make more effective use of its assets to drive sales and potentially enhance overall financial performance.
Peer comparison
Dec 31, 2024