FTI Consulting Inc (FCN)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 377,561 | 335,196 | 315,877 | 291,403 | 303,878 | 282,251 | 283,074 | 302,819 | 312,048 | 331,957 | 316,494 | 298,113 | 282,663 | 259,925 | 268,993 | 291,489 | 305,595 | 302,198 | 277,172 | 250,908 |
| Total assets | US$ in thousands | 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 | 2,783,140 | 2,690,270 | 2,571,360 | 2,464,900 |
| Operating ROA | 11.35% | 10.10% | 9.73% | 9.40% | 9.37% | 9.16% | 9.43% | 10.27% | 10.06% | 11.04% | 10.77% | 10.73% | 10.18% | 9.30% | 9.94% | 11.05% | 10.98% | 11.23% | 10.78% | 10.18% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ 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 eight quarters. The operating ROA has gradually increased from 9.63% in Q4 2022 to 11.35% in Q4 2023, indicating improved operational efficiency and profitability.
The company's operating ROA consistently remained above 9% throughout the period under review, reflecting the effective utilization of its assets to generate operating income. This demonstrates FTI Consulting's ability to generate profit from its operational activities relative to the size of its asset base.
The slight fluctuations in the operating ROA indicate some variability in the company's performance, with the highest value observed in Q4 2023. Overall, the increasing trend in operating ROA suggests that FTI Consulting Inc. has been effectively managing its assets to drive profitability during the period.
Peer comparison
Dec 31, 2023