Nearly Three-Quarters of CFOs Project Double-Digit Growth in 2025: FTI Consulting’s Global CFO Report
21 January 2025 - 11:30PM
FTI Consulting, Inc. (NYSE: FCN) today announced the release of its
2025 Global CFO Report, which reveals almost three-quarters (72%)
of Chief Financial Officers expect revenue growth of 10% or more
over the next 12 months.
The survey, which collected the views of 655 senior finance
executives across North America; Europe, the Middle East and
Africa; Asia; and Australia, was conducted by the firm’s Office of
the CFO Solutions practice in collaboration with CFO Dive.
More than three-quarters (77%) of CFOs surveyed from larger
companies, those with revenues greater than $5 billion, remain
highly optimistic about revenue growth in the coming year despite
economic pressures driven by supply chain improvements and
favorable market conditions. However, talent retention and
financial forecasting still remain challenging for this group.
Mid-market firms with revenues between $100 million and $1
billion are adjusting expectations, with only 67.5% of CFOs
surveyed predicting double-digit growth for 2025, down from 76% in
2024. The decrease may stem from rising costs, increased
competition and talent shortages.
“Despite market volatility and economic pressures, this survey
reflects what we’re seeing from our CFO clients: confidence in the
ability of their businesses to expand,” said Gina Gutzeit, Global
Leader of the Office of the CFO Solutions practice at FTI
Consulting. “Additionally, CFO roles have shifted beyond
traditional financial stewardship; they are placing more emphasis
on strategic planning to help navigate the technological
advancements and evolving business models needed to stay
competitive.”
Additional insights from the global survey include:
- Cybersecurity was ranked in the top three strategic priorities
for CFOs across all regions surveyed. In North America, 75% of
respondents say cyber attacks are among their top challenges,
leading to investment in robust defenses.
- Outsourcing finance functions has increased by 11% from 2024 to
2025. This increase highlights the growing reliance on external
capabilities as CFOs seek to enhance operational efficiency, reduce
costs and improve access to both technology and skills, without
sacrificing capacity.
- CFO turnover rates are changing. While the majority (54%) of
respondents still view the average tenure of a CFO at one company
to be between three to five years, the number of respondents
believing CFO tenure is five years or longer has increased 5% from
2024. This shift suggests organizations are valuing strategic
leadership from CFOs, especially as they navigate complex
challenges and market uncertainty.
- CFOs continue to emphasize the importance of improving
forecasting capabilities, with 85% identifying forecasting accuracy
as a primary area needing improvement.
- 87% of CFOs stated that they plan to use AI tools within the
next 12 months, demonstrating a commitment to leveraging innovative
tools that can enhance predictive capabilities.
“Whether it’s navigating their organizations through inflation,
supply chain disruption or competitive pressures, the strategic CFO
doesn’t sit on the sidelines; they are in the thick of it, driving
decisions that shape the future of their organization,” said Alan
Numsuwan, an Executive Vice President in FTI Consulting’s Office of
the CFO Solutions practice. “As we have seen more and more, CFOs
are driving growth through finance-led decision support and taking
an increased role in business strategy.”
For more information, read the full survey report here.
About FTI Consulting FTI Consulting,
Inc. is a global business advisory firm dedicated to helping
organizations manage change, mitigate risk and resolve disputes:
financial, legal, operational, political & regulatory,
reputational and transactional. With more than 8,300 employees
located in 34 countries and territories, FTI Consulting
professionals work closely with clients to anticipate, illuminate
and overcome complex business challenges and make the most of
opportunities. The Company generated $3.49 billion in revenues
during fiscal year 2023. In certain jurisdictions, FTI Consulting’s
services are provided through distinct legal entities that are
separately capitalized and independently managed. More information
can be found at www.fticonsulting.com.
FTI Consulting, Inc. 555 12th Street
NW Washington, DC
20004 +1.202.312.9100
Investor Contact: Mollie
Hawkes +1.617.747.1791 mollie.hawkes@fticonsulting.com
Media Contact: Samantha
Ford+1.617.480.7402samantha.ford@fticonsulting.com
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