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FTI Consulting (FCN) backlog: remaining performance obligations

How much revenue FTI Consulting already has under contract, how fast it converts, and who it is with.

Data as of .

FTI Consulting backlog history

$0$1B$2B$3BMar 2018Jun 2018Sep 2018Dec 2018Dec 2020Dec 2024Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
31 Dec 2024$25.5M$3.70B0.0 yrs$67.6M
31 Dec 2020$8.50M$2.46B0.0 yrs$0
31 Dec 2018$8.80M$2.03B0.0 yrs$44.4M
30 Sep 2018$11.1M$1.99B0.0 yrsn/a
30 Jun 2018$3.80M$1.93B0.0 yrsn/a
31 Mar 2018$6.50M$1.86B0.0 yrsn/a

Questions

What is FTI Consulting's backlog?
FTI Consulting reported $25.5M of remaining performance obligations at 31 Dec 2024. That is 0.0 years of trailing revenue already under contract.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.