FTI Consulting Inc (FCN)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,135,026 | 1,069,825 | 1,026,579 | 985,444 | 963,007 | 911,983 | 890,894 | 874,752 | 860,716 | 842,897 | 821,999 | 800,322 | 788,564 | 785,803 | 792,947 | 817,959 | 817,821 | 799,106 | 763,427 | 725,354 |
| Revenue (ttm) | US$ in thousands | 3,489,242 | 3,336,371 | 3,220,975 | 3,111,826 | 3,028,984 | 2,935,947 | 2,860,439 | 2,814,939 | 2,776,223 | 2,714,552 | 2,638,598 | 2,539,210 | 2,461,275 | 2,436,912 | 2,407,769 | 2,406,036 | 2,352,717 | 2,255,492 | 2,175,398 | 2,081,377 |
| Gross profit margin | 32.53% | 32.07% | 31.87% | 31.67% | 31.79% | 31.06% | 31.15% | 31.08% | 31.00% | 31.05% | 31.15% | 31.52% | 32.04% | 32.25% | 32.93% | 34.00% | 34.76% | 35.43% | 35.09% | 34.85% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,135,026K ÷ $3,489,242K
= 32.53%
FTI Consulting Inc.'s gross profit margin has shown a slightly increasing trend over the past eight quarters. In Q4 2023, the gross profit margin reached 32.53%, which is an improvement compared to the same period in the previous year at 31.79%. This indicates that the company has been able to effectively manage its cost of goods sold and generate stronger revenues relative to the cost of producing goods or services. Despite some fluctuations, the overall consistency in maintaining gross profit margin above 30% demonstrates FTI Consulting Inc.'s ability to efficiently control production costs and maintain profitability.
Peer comparison
Dec 31, 2023