FTI Consulting Inc (FCN)

Pretax margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before tax but after interest (EBT)	US$ in thousands	358,392	297,749	297,947	262,446	288,450
Revenue	US$ in thousands	3,489,240	3,028,910	2,776,220	2,461,280	2,352,720
Pretax margin		10.27%	9.83%	10.73%	10.66%	12.26%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $358,392K ÷ $3,489,240K
= 10.27%

FTI Consulting Inc.'s pretax margin has shown some fluctuations over the past five years. The margin was relatively stable between 2020 and 2022, ranging from 10.66% to 10.73%. However, there was a slight decline in 2023 to 10.27%. This indicates that the company's ability to generate profits before considering taxes has slightly decreased. It is important for FTI Consulting Inc. to continue monitoring and managing its operating expenses and revenue generation to maintain a healthy pretax margin in the future.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

FTI Consulting Inc

FCN

10.27%