FCN vs ULS Stock Comparison

Fti Consulting and UL Solutions Prices as of Oct 23, 2026 Peers: Industry group
FCN Fti Consulting, Inc
$157.29 +17.8% 1M +2.3% 1Y
Market cap
$4.64B
P/E
18.4x
Revenue (TTM)
$3.92B
Div. yield
–
Consulting Industrials
6 wins
ULS UL Solutions Inc.
$73.41 +12.3% 1M -7.3% 1Y
Market cap
$14.75B
P/E
29.2x
Revenue (TTM)
$3.15B
Div. yield
0.01%
Consulting Industrials
4 wins

Head to Head

10 decided of 12

Fti Consulting leads on 6 of the 12 questions below (Fti Consulting 6, UL Solutions 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFCNULSLeader
Larger companyMarket capitalisation $4.64B $14.75B ULS
Cheaper on earningsLower P/E, profitable companies only 18.4x 29.2x FCN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.4x 34.0x FCN
Faster revenue growthRevenue growth, trailing twelve months +7.1% +6.6% FCN
More profitableNet margin, trailing twelve months 6.4% 16.1% ULS
Better return on capitalReturn on invested capital 11.5% 22.9% ULS
Less leveragedLower net debt / EBITDA 2.0x -0.2x ULS
Higher dividend yieldTrailing dividend yield 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +2.3% -7.3% FCN
Better 5-year returnAnnualised price return, 5 years +2.0%/yr — –
Less volatileAnnualised volatility, 1 year 32.3% 42.5% FCN
Higher overall scoreMean of the five percentile scores vs peers 78/100 64/100 FCN

Percentile Scorecard

FCNULS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFCNULS
Valuation 68 #37 of 112 30 #79 of 112
Growth 85 #15 of 96 78 #22 of 96
Profitability 73 #26 of 93 96 #5 of 93
Financial Health 66 #44 of 126 81 #25 of 126
Shareholder Returns 100 #1 of 67 36 #43 of 67
Overall 78 64
  • FCN ranked among 130 companies in Business Services
  • ULS ranked among 130 companies in Business Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFCNULSSPY
1 month +17.8%+12.3% -1.0%
3 months -1.5%-14.1% +2.9%
6 months -14.6%-18.6% +6.4%
Year to date -7.9%-6.9% +11.4%
1 year +2.3%-7.3% +13.1%
3 years -14.8%— +79.4%
3 years, per year -5.2%— +21.5%
5 years +10.4%— +67.7%
5 years, per year +2.0%— +10.9%
10 years +252.7%— +255.2%
10 years, per year +13.4%— +13.5%

Risk

MeasureFCNULSSPY
Volatility, 1Y 32.3%42.5% 12.7%
Downside volatility, 1Y 33.0%40.9% 12.7%
Beta vs S&P 500, 1Y -0.310.61 1.00
Return / volatility, 1Y 0.07-0.17 1.03
Max drawdown, 5Y -43.5%-38.9% -25.4%
From 52-week high -15.9%-30.0% -2.5%
52-week high $187.03$104.89 $779.14
52-week low $130.44$64.05 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFCNULS
P/E now vs peer median 17.9xmedian 21.0x 29.4xmedian 21.0x
P/S now vs peer median 1.1xmedian 0.9x 4.7xmedian 0.9x
EV/EBITDA now vs peer median 12.1xmedian 12.3x 19.5xmedian 12.3x
P/FCF now vs peer median 12.1xmedian 15.1x 34.0xmedian 15.1x
P/B now vs peer median 3.3xmedian 2.4x 9.2xmedian 2.4x
PEG now vs peer median 1.83median 1.02 —median 1.02

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFCNULS
Revenue $3.92B $3.15B
Gross profit $1.25B $1.58B
Operating income $380.04M $562.00M
Net income $252.79M $528.00M
Free cash flow $358.73M $436.00M
EPS (diluted) $8.71 $2.48
Cash & equivalents $163.75M $434.00M
Total debt $1.02B –
Shares (diluted) 29.04M 204.00M
Enterprise value $3.87B $13.51B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFCNULS
P/E 17.9x 29.4x
P/FCF 12.1x 34.0x
P/Operating cash flow 10.8x 21.9x
P/S 1.1x 4.7x
P/B 3.3x 9.2x
P/Tangible book 3.3x 9.4x
EV/EBITDA 12.1x 19.5x
EV/EBIT 13.7x 26.1x
EV/Revenue 1.3x 4.7x
EV/FCF 14.5x 33.7x
EV/Operating cash flow 12.9x 21.7x
PEG (3Y EPS CAGR) 1.83 –

Growth

14 metrics
MetricFCNULS
Revenue growth (1Y) 7.1% 6.6%
Revenue CAGR (3Y) 6.8% –
Gross profit growth (1Y) 7.7% 10.8%
Gross profit CAGR (3Y) 6.7% –
Operating income growth (1Y) 18.2% 14.0%
Operating income CAGR (3Y) 6.4% –
Net income growth (1Y) 1.2% 52.2%
Net income CAGR (3Y) 2.5% –
EPS growth (1Y) 17.1% 53.7%
EPS CAGR (3Y) 9.8% –
Operating cash flow growth (1Y) 222.7% 16.7%
Operating cash flow CAGR (3Y) 63.6% –
Free cash flow growth (1Y) 418.1% 19.8%
Free cash flow CAGR (3Y) 116.0% –

Profitability

14 metrics
MetricFCNULS
Gross margin 31.8% 50.3%
EBITDA margin 11.0% 23.9%
Operating margin 9.7% 17.9%
Pretax margin 8.9% 22.8%
Net margin 6.4% 16.1%
FCF margin 9.1% 13.9%
Operating cash flow margin 10.3% 21.6%
Return on equity 16.9% 35.7%
Return on assets 7.2% 17.4%
Return on invested capital 11.5% 22.9%
Return on capital employed 13.9% 25.9%
Asset turnover 1.1x 1.0x
Cash conversion (OCF / net income) 1.6x 1.3x
Stock comp / revenue 1.1% 1.9%

Financial Health

11 metrics
MetricFCNULS
Debt / assets 28.8% 9.7%
Debt / equity 0.8x 0.2x
Net debt / EBITDA 2.0x -0.2x
Debt / FCF 2.8x 0.7x
Liabilities / assets 62.3% 48.1%
Equity / assets 37.7% 51.9%
Interest coverage 11.4x 17.6x
Current ratio 2.0x 1.4x
Quick ratio 2.3x 1.3x
Cash ratio 0.2x 0.5x
Altman Z-score 3.51 8.02

Shareholder Returns

7 metrics
MetricFCNULS
Dividend yield – 0.7%
Net buyback yield 19.3% –
Shareholder yield 19.3% 0.7%
Payout ratio (earnings) – 20.8%
Payout ratio (FCF) – 25.2%
Dividend growth (1Y) – 7.8%
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFCNULS
Forward P/E 16.4xFY2026 34.0xFY2026
EPS, next fiscal year $9.57FY2026 $2.16FY2026
EPS growth, next FY +8.4%FY2026 +8.5%FY2026
EPS growth, the year after +20.4% +17.1%
Revenue, next fiscal year $4.17BFY2026 $3.29BFY2026
Revenue growth, next FY +10.0%FY2026 +8.0%FY2026
Revenue growth, the year after +9.1% +1.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFCNULS
Held by institutions 100.0% 43.6%
Institutions holding 377 389
Change in shares held, QoQ -3.6% +1.8%
Institutions buying 158 231
Institutions selling 173 105
Buyers to sellers 0.91 2.20

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FCNULS
FCN 1.00 0.13
ULS 0.13 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, FCN and ULS?

UL Solutions (ULS) is the largest by market capitalisation: Fti Consulting (FCN) $4.64B, UL Solutions (ULS) $14.75B.

Which stock is cheaper, FCN and ULS?

Fti Consulting (FCN) trades on the lowest price-to-earnings ratio (Fti Consulting (FCN) 18.4x, UL Solutions (ULS) 29.2x). On next year's consensus earnings, Fti Consulting (FCN) is cheapest (Fti Consulting (FCN) 16.4x, UL Solutions (ULS) 34.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Fti Consulting (FCN) grew revenue fastest over the trailing twelve months: Fti Consulting (FCN) +7.1%, UL Solutions (ULS) +6.6%.

Which company is more profitable?

UL Solutions (ULS) has the highest net margin (Fti Consulting (FCN) 6.4%, UL Solutions (ULS) 16.1%). On return on invested capital, UL Solutions (ULS) leads (Fti Consulting (FCN) 11.5%, UL Solutions (ULS) 22.9%).

Which stock has performed better?

Over the past year Fti Consulting (FCN) returned the most: Fti Consulting (FCN) +2.3%, UL Solutions (ULS) -7.3%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Fti Consulting (FCN) 0.00%, UL Solutions (ULS) 0.01%. Fti Consulting (FCN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Fti Consulting (FCN) has been the steadiest (Fti Consulting (FCN) 32.3%, UL Solutions (ULS) 42.5%). Volatility measures how widely the price swings, not the risk of the business.

Do FCN and ULS move together?

Their daily returns over the past year have a correlation of 0.13, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, FCN and ULS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Fti Consulting (FCN) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.