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Side-by-side financial comparison of FTI CONSULTING, INC (FCN) and SELECT MEDICAL HOLDINGS CORP (SEM). Click either name above to swap in a different company.

SELECT MEDICAL HOLDINGS CORP is the larger business by last-quarter revenue ($1.4B vs $983.3M, roughly 1.4× FTI CONSULTING, INC). FTI CONSULTING, INC runs the higher net margin — 5.9% vs 4.5%, a 1.4% gap on every dollar of revenue. On growth, FTI CONSULTING, INC posted the faster year-over-year revenue change (9.5% vs 5.0%). Over the past eight quarters, SELECT MEDICAL HOLDINGS CORP's revenue compounded faster (5.3% CAGR vs 1.8%).

FTI Consulting is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, technology and strategy consulting. FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.

Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.

FCN vs SEM — Head-to-Head

Bigger by revenue
SEM
SEM
1.4× larger
SEM
$1.4B
$983.3M
FCN
Growing faster (revenue YoY)
FCN
FCN
+4.4% gap
FCN
9.5%
5.0%
SEM
Higher net margin
FCN
FCN
1.4% more per $
FCN
5.9%
4.5%
SEM
Faster 2-yr revenue CAGR
SEM
SEM
Annualised
SEM
5.3%
1.8%
FCN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FCN
FCN
SEM
SEM
Revenue
$983.3M
$1.4B
Net Profit
$57.6M
$63.8M
Gross Margin
Operating Margin
8.5%
6.9%
Net Margin
5.9%
4.5%
Revenue YoY
9.5%
5.0%
Net Profit YoY
-6.8%
-14.7%
EPS (diluted)
$1.90
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FCN
FCN
SEM
SEM
Q1 26
$983.3M
$1.4B
Q4 25
$990.7M
$1.4B
Q3 25
$956.2M
$1.4B
Q2 25
$943.7M
$1.3B
Q1 25
$898.3M
$1.4B
Q4 24
$894.9M
$1.3B
Q3 24
$926.0M
$1.3B
Q2 24
$949.2M
$1.3B
Net Profit
FCN
FCN
SEM
SEM
Q1 26
$57.6M
$63.8M
Q4 25
$54.5M
$20.2M
Q3 25
$82.8M
$28.8M
Q2 25
$71.7M
$40.6M
Q1 25
$61.8M
$56.7M
Q4 24
$49.7M
$-16.1M
Q3 24
$66.5M
$55.6M
Q2 24
$83.9M
$77.6M
Gross Margin
FCN
FCN
SEM
SEM
Q1 26
Q4 25
31.1%
Q3 25
33.3%
Q2 25
32.1%
Q1 25
32.2%
Q4 24
30.2%
Q3 24
32.2%
Q2 24
32.8%
Operating Margin
FCN
FCN
SEM
SEM
Q1 26
8.5%
6.9%
Q4 25
9.4%
4.6%
Q3 25
12.3%
5.4%
Q2 25
10.5%
6.5%
Q1 25
8.8%
8.3%
Q4 24
5.9%
1.6%
Q3 24
9.8%
4.3%
Q2 24
11.0%
5.8%
Net Margin
FCN
FCN
SEM
SEM
Q1 26
5.9%
4.5%
Q4 25
5.5%
1.4%
Q3 25
8.7%
2.1%
Q2 25
7.6%
3.0%
Q1 25
6.9%
4.2%
Q4 24
5.6%
-1.2%
Q3 24
7.2%
4.4%
Q2 24
8.8%
6.1%
EPS (diluted)
FCN
FCN
SEM
SEM
Q1 26
$1.90
$0.35
Q4 25
$1.77
$0.17
Q3 25
$2.60
$0.23
Q2 25
$2.13
$0.32
Q1 25
$1.74
$0.44
Q4 24
$1.39
$-0.12
Q3 24
$1.85
$0.43
Q2 24
$2.34
$0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCN
FCN
SEM
SEM
Cash + ST InvestmentsLiquidity on hand
$198.3M
$25.7M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$2.1B
Total Assets
$3.5B
$6.0B
Debt / EquityLower = less leverage
0.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCN
FCN
SEM
SEM
Q1 26
$198.3M
$25.7M
Q4 25
$265.1M
$26.5M
Q3 25
$146.0M
$60.1M
Q2 25
$152.8M
$52.3M
Q1 25
$151.1M
$53.2M
Q4 24
$660.5M
$59.7M
Q3 24
$386.3M
$191.5M
Q2 24
$226.4M
$111.2M
Total Debt
FCN
FCN
SEM
SEM
Q1 26
$1.8B
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$0
$1.7B
Q3 24
$3.1B
Q2 24
$60.0M
$3.6B
Stockholders' Equity
FCN
FCN
SEM
SEM
Q1 26
$2.1B
Q4 25
$1.7B
$1.7B
Q3 25
$1.7B
$1.7B
Q2 25
$1.9B
$1.7B
Q1 25
$2.1B
$1.7B
Q4 24
$2.3B
$1.7B
Q3 24
$2.3B
$1.9B
Q2 24
$2.1B
$1.4B
Total Assets
FCN
FCN
SEM
SEM
Q1 26
$3.5B
$6.0B
Q4 25
$3.5B
$5.9B
Q3 25
$3.5B
$5.7B
Q2 25
$3.5B
$5.7B
Q1 25
$3.3B
$5.7B
Q4 24
$3.6B
$5.6B
Q3 24
$3.5B
$8.0B
Q2 24
$3.4B
$7.9B
Debt / Equity
FCN
FCN
SEM
SEM
Q1 26
0.88×
Q4 25
1.06×
Q3 25
1.03×
Q2 25
1.10×
Q1 25
1.03×
Q4 24
0.00×
1.01×
Q3 24
1.62×
Q2 24
0.03×
2.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FCN
FCN
SEM
SEM
Operating Cash FlowLast quarter
$-310.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-5.38×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCN
FCN
SEM
SEM
Q1 26
$-310.0M
Q4 25
$359.8M
$64.3M
Q3 25
$201.9M
$175.3M
Q2 25
$55.7M
$110.3M
Q1 25
$-465.2M
$-3.5M
Q4 24
$315.3M
$125.4M
Q3 24
$219.4M
$181.0M
Q2 24
$135.2M
$278.2M
Free Cash Flow
FCN
FCN
SEM
SEM
Q1 26
Q4 25
$351.4M
$5.2M
Q3 25
$187.0M
$122.2M
Q2 25
$38.3M
$45.6M
Q1 25
$-483.0M
$-55.8M
Q4 24
$301.6M
$62.0M
Q3 24
$212.3M
$130.3M
Q2 24
$125.2M
$222.6M
FCF Margin
FCN
FCN
SEM
SEM
Q1 26
Q4 25
35.5%
0.4%
Q3 25
19.6%
9.0%
Q2 25
4.1%
3.4%
Q1 25
-53.8%
-4.1%
Q4 24
33.7%
4.7%
Q3 24
22.9%
10.2%
Q2 24
13.2%
17.4%
Capex Intensity
FCN
FCN
SEM
SEM
Q1 26
Q4 25
0.8%
4.2%
Q3 25
1.6%
3.9%
Q2 25
1.8%
4.8%
Q1 25
2.0%
3.9%
Q4 24
1.5%
4.8%
Q3 24
0.8%
4.0%
Q2 24
1.1%
4.3%
Cash Conversion
FCN
FCN
SEM
SEM
Q1 26
-5.38×
Q4 25
6.60×
3.19×
Q3 25
2.44×
6.09×
Q2 25
0.78×
2.72×
Q1 25
-7.52×
-0.06×
Q4 24
6.34×
Q3 24
3.30×
3.25×
Q2 24
1.61×
3.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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