FTI Consulting Inc (FCN)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 3,325,880 | 3,241,410 | 3,100,910 | 2,777,360 | 2,783,140 |
| Operating ROA | 11.35% | 9.37% | 10.06% | 10.18% | 10.98% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $377,561K ÷ $3,325,880K
= 11.35%
FTI Consulting Inc.'s operating return on assets (operating ROA) has shown a generally positive trend over the past five years. The company's operating ROA increased from 10.98% in 2019 to 11.35% in 2023, indicating an improvement in the efficiency of utilizing its assets to generate operating income over the period.
However, it is noteworthy that there was a slight decline in operating ROA in 2022 compared to 2021, which was followed by a rebound in 2023. This fluctuation suggests some variability in the company's operating efficiency during these years.
Overall, FTI Consulting Inc.'s operating ROA performance demonstrates a solid utilization of assets to generate operating profits, with a positive trend in recent years, albeit with some fluctuations. It is essential for investors and stakeholders to closely monitor the company's asset management and operational performance to assess its sustainability and long-term profitability potential.
Peer comparison
Dec 31, 2023