FTI Consulting Inc (FCN)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 377,561 | 303,878 | 312,048 | 282,663 | 305,595 |
| Revenue | US$ in thousands | 3,489,240 | 3,028,910 | 2,776,220 | 2,461,280 | 2,352,720 |
| Operating profit margin | 10.82% | 10.03% | 11.24% | 11.48% | 12.99% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $377,561K ÷ $3,489,240K
= 10.82%
The operating profit margin of FTI Consulting Inc. has seen a slight fluctuation over the past five years. It decreased from 12.99% in 2019 to 10.82% in 2023. The company's operating profit margin remained relatively stable around the 10-12% range between 2020 and 2023. The downward trend in operating profit margin may indicate potential challenges in managing operating expenses or generating higher revenues in recent years. Further analysis of the company's cost structure and revenue streams would provide insights into the factors influencing these fluctuations in operating profit margin.
Peer comparison
Dec 31, 2023