FTI Consulting, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $270.9M | $280.1M | $274.9M | $235.5M | $235.0M | $210.7M | $216.7M | $150.6M |
| Depreciation & Amortization | $45.8M | $43.9M | $41.1M | $35.9M | $34.3M | $32.7M | $30.2M | $31.5M |
| Depreciation | $45.8M | $43.9M | $41.1M | $35.9M | $34.3M | $32.6M | $30.1M | $26.2M |
| Amortization | $3.5M | $4.2M | $6.2M | $9.6M | $10.8M | $10.4M | $8.2M | $8.2M |
| Stock-Based Compensation | $39.3M | $38.4M | $29.5M | $25.4M | $23.1M | $22.9M | $18.0M | $15.6M |
| Net Cash from Operating Activities | $152.1M | $395.1M | $224.5M | $188.8M | $355.5M | $327.1M | $217.9M | $230.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $58.5M | $35.4M | $49.5M | $53.3M | $68.7M | $34.8M | $41.8M | $32.3M |
| Business Acquisitions | — | $0 | $0 | $6.7M | $10.4M | $25.3M | $18.8M | $0 |
| Net Cash from Investing Activities | $-58.5M | $-10.2M | $-73.8M | $-60.1M | $-79.1M | $-60.1M | $-60.6M | $18.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $858.7M | $10.2M | $21.0M | $85.4M | $46.1M | $353.6M | $105.8M | $55.7M |
| Net Cash from Financing Activities | $-510.5M | $-15.4M | $-354.7M | $-106.0M | $-61.7M | $-360.1M | $-103.3M | $-117.5M |
| Net Change in Cash | $-395.4M | $357.3M | $-188.5M | $-2.8M | $199.5M | $-74.4M | $57.3M | $122.1M |
| Free Cash Flow | $93.6M | $359.7M | $175.0M | $135.5M | $286.8M | $292.2M | $176.1M | $198.4M |