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FTI Consulting (FTI Consulting) Goodwill : $1,231 Mil (As of Mar. 2024)


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What is FTI Consulting Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. FTI Consulting's goodwill for the quarter that ended in Mar. 2024 was $1,231 Mil.


FTI Consulting Goodwill Historical Data

The historical data trend for FTI Consulting's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FTI Consulting Goodwill Chart

FTI Consulting Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,202.77 1,234.88 1,232.79 1,227.59 1,234.57

FTI Consulting Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,230.07 1,231.77 1,226.36 1,234.57 1,230.65

FTI Consulting Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


FTI Consulting  (NYSE:FCN) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

FTI Consulting's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1234.57/3325.878
=0.37

FTI Consulting's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=1230.65/3324.528
=0.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


FTI Consulting Goodwill Related Terms

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FTI Consulting (FTI Consulting) Business Description

Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.
Executives
Holly Paul officer: Chief Human Resources Officer 6016 KINGSFORD ROAD, BETHESDA MD 20817
Ajay Sabherwal officer: Chief Financial Officer C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Paul Alderman Linton officer: Chief Strategy/Transf. Officer 5915 SONOMA ROAD, BETHESDA MD 20817
Mark S. Bartlett director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Brenda J Bacon director 909 COMMERCE ROAD, ANNAPOLIS MD 21403
Steven Henry Gunby director, officer: President & CEO 9508 HEMSWELL PLACE, POTOMAC MD 20854
Elsy Lisa Boglioli director 555 12TH STREET NW, WASHINGTON DC 20004
Curtis P Lu officer: General Counsel 1203 STONNELL PLACE, ALEXANDRIA VA 22302
Vernon James Ellis director 49 QUEENS GATE TERRACE, LONDON X0 SW7 5PN
Claudio Costamagna director VIA SEBETO 4, MILANO L6 20123
Stephen C Robinson director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Nicole S Jones director 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Nicholas C Fanandakis director 1007 MARKET STREET, WILMINGTON DE 19898
Gerard E Holthaus director 3129 BLENDON ROAD, OWINGS MILLS MD 21117
Brendan J Keating officer: CAO and Controller C/O FTI CONSULTING INC, 555 12TH STREET NW, WASHINGTON DC 20004