CRA International, Inc., together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guide corporations through business strategy and performance-related issues. The company also offers consulting services, including research and analysis, expert testimony, and comprehensive support in litigation and regulatory proceedings in the areas of finance, accounting, economics, insurance, and forensic accounting and investigations to corporate clients and attorneys. In addition, it provides management consulting services, such as strategy development, performance improvement, corporate strategy and portfolio analysis, estimation of market demand, environmental, social and corporate governance and sustainability strategy and analysis, design and implementation of auction and bidding, new product pricing strategies, survey and market research, valuation of intellectual property and other assets, assessment of competitors' actions, and analysis of new sources of supply. The company serves various industries comprising blockchain and cryptocurrency; communications and media; consumer, health, and wellness products; energy; entertainment and leisure; financial services; healthcare; life sciences; manufacturing and industries; natural resources; retail and distribution; technology; and transportation. The company was incorporated in 1965 and is headquartered in Boston, Massachusetts.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $752M | $111M | $55M | $19M | 25.6% | 9.3% | 17.4% |
| 2024 | $687M | $97M | $47M | $33M | 22.0% | 10.2% | 21.2% |
| 2023 | $624M | $82M | $38M | $58M | 18.1% | 5.6% | -11.8% |
| 2022 | $591M | $86M | $44M | $21M | 20.7% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 590.90 | 623.98 | 687.41 | 751.58 |
| Operating Revenue | - | 590.90 | 623.98 | 687.41 | 751.58 |
| Cost Of Revenue | - | 410.08 | 439.75 | 479.94 | 519.29 |
| Gross Profit | - | 180.82 | 184.22 | 207.48 | 232.30 |
| Operating Expense | - | 122.08 | 126.68 | 136.73 | 149.17 |
| Selling General And Administration | - | 110.09 | 115.12 | 125.05 | 135.03 |
| Total Expenses | - | 532.16 | 566.43 | 616.66 | 668.46 |
| Operating Income | - | 58.74 | 57.54 | 70.75 | 83.12 |
| Total Operating Income As Reported | - | 58.74 | 57.54 | 70.75 | 83.12 |
| EBITDA | - | 86.38 | 81.94 | 97.48 | 111.44 |
| Normalized EBITDA | - | 84.49 | 83.38 | 97.58 | 112.63 |
| EBIT | - | 60.63 | 56.10 | 70.66 | 81.93 |
| Interest Expense | - | 1.83 | 3.81 | 4.42 | 5.36 |
| Net Interest Income | - | -1.83 | -3.81 | -4.42 | -5.36 |
| Other Income Expense | - | 1.89 | -1.44 | -0.09 | -1.19 |
| Interest Expense Non Operating | - | 1.83 | 3.81 | 4.42 | 5.36 |
| Net Non Operating Interest Income Expense | - | -1.83 | -3.81 | -4.42 | -5.36 |
| Pretax Income | - | 58.80 | 52.29 | 66.24 | 76.57 |
| Tax Provision | - | 15.18 | 13.81 | 19.59 | 21.79 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.49 | -0.38 | -0.03 | -0.34 |
| Net Income Continuous Operations | - | 43.62 | 38.48 | 46.65 | 54.78 |
| Net Income From Continuing And Discontinued Operation | - | 43.62 | 38.48 | 46.65 | 54.78 |
| Net Income From Continuing Operation Net Minority Interest | - | 43.62 | 38.48 | 46.65 | 54.78 |
| Net Income | - | 43.62 | 38.48 | 46.65 | 54.78 |
| Net Income Common Stockholders | - | 43.45 | 38.34 | 46.53 | 54.68 |
| Net Income Including Noncontrolling Interests | - | 43.62 | 38.48 | 46.65 | 54.78 |
| Normalized Income | - | 42.22 | 39.54 | 46.72 | 55.64 |
| Diluted NI Availto Com Stockholders | - | 43.45 | 38.34 | 46.53 | 54.68 |
| Basic Average Shares | - | 7.22 | 7.01 | 6.82 | 6.64 |
| Diluted Average Shares | - | 7.36 | 7.12 | 6.91 | 6.71 |
| Reconciled Depreciation | - | 25.75 | 25.84 | 26.82 | 29.51 |
| Reconciled Cost Of Revenue | - | 396.33 | 425.48 | 464.79 | 503.92 |
| Total Unusual Items | - | 1.89 | -1.44 | -0.09 | -1.19 |
| Total Unusual Items Excluding Goodwill | - | 1.89 | -1.44 | -0.09 | -1.19 |
| Gain On Sale Of Security | - | 1.89 | -1.44 | -0.09 | -1.19 |
| Depreciation Amortization Depletion Income Statement | - | 12 | 11.56 | 11.68 | 14.14 |
| Depreciation And Amortization In Income Statement | - | 12 | 11.56 | 11.68 | 14.14 |
| Otherunder Preferred Stock Dividend | - | 0.17 | 0.14 | 0.13 | 0.10 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CRA International, Inc.this co. | CRAI | $921M | 16.85↓ discount | 4.31 | 25.6% | 9.25 |
| Cardinal Infrastructure Group Inc. | CDNL | $967M | 42.62 | 16.54 | 38.8% | 13.93 |
| Resolute Holdings Management, Inc. | RHLD | $966M | -163.07 | 148.07 | -90.8% | 6.35 |
| Eastman Kodak Company | KODK | $950M | -7.42 | 1.55 | -20.8% | -41.08 |
| Aebi Schmidt Holding AG |
| - |
| - |
| - |
| - |
| - |
| AEBI |
| $942M |
| 96.77 |
| 1.16 |
| 1.2% |
| 16.49 |
| National Presto Industries, Inc. | NPK | $939M | 28.38 | 2.38 | 8.4% | 20.15 |
| Power Solutions International, Inc. | PSIX | $926M | 8.13 | 5.19 | 63.8% | 8.99 |
| Sun Country Airlines Holdings, Inc. | SNCY | $876M | 16.59 | 1.40 | 8.4% | 6.43 |
| Transcat, Inc. | TRNS | $871M | 161.88 | 2.90 | 1.8% | 25.78 |
| Peer Median | - | 22.49 | 2.64 | 5.1% | 11.46 | |
Historically, Feb has averaged the highest return (+5.9%); Mar the lowest (-4.4%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.9%Negative MonthJan 2026: -5.86% | -8.6%Negative MonthFeb 2026: -8.62% | -6.2%Negative MonthMar 2026: -6.24% | -2.7%Negative MonthApr 2026: -2.72% | -11.9%Negative MonthMay 2026: -11.89% | +2.6%Positive MonthJun 2026: +2.56% | +25.8%Positive MonthJul 2026: +25.81% | -3.2%*Negative MonthAug 2026: -3.18% | — | — | — | — |
| 2025 | -1.9%Neutral MonthJan 2025: -1.93% | +5.2%Positive MonthFeb 2025: +5.21% | -10.3%Negative MonthMar 2025: -10.33% | -6.4%Negative MonthApr 2025: -6.35% | +17.2%Positive MonthMay 2025: +17.17% | -1.4%Neutral MonthJun 2025: -1.41% | -5.7%Negative MonthJul 2025: -5.72% | +9.7%Positive MonthAug 2025: +9.68% | +7.6%Positive MonthSep 2025: +7.62% | -8.7%Negative MonthOct 2025: -8.65% | -7.4%Negative MonthNov 2025: -7.43% | +13.8%Positive MonthDec 2025: +13.81% |
| 2024 | +8.5%Positive MonthJan 2024: +8.49% | +23.6%Positive MonthFeb 2024: +23.59% | +12.9%Positive MonthMar 2024: +12.86% | -3.0%Negative MonthApr 2024: -3.00% | +21.3%Positive MonthMay 2024: +21.28% | -2.1%Negative MonthJun 2024: -2.13% | +1.5%Neutral MonthJul 2024: +1.50% | -3.5%Negative MonthAug 2024: -3.55% | +4.0%Positive MonthSep 2024: +3.99% | +3.9%Positive MonthOct 2024: +3.89% | +7.1%Positive MonthNov 2024: +7.08% | -4.0%Negative MonthDec 2024: -4.01% |
| 2023 | -2.9%Negative MonthJan 2023: -2.93% | +4.7%Positive MonthFeb 2023: +4.74% | -13.4%Negative MonthMar 2023: -13.38% | -2.5%Negative MonthApr 2023: -2.49% | -11.9%Negative MonthMay 2023: -11.86% | +10.1%Positive MonthJun 2023: +10.07% | -1.9%Neutral MonthJul 2023: -1.87% | +8.5%Positive MonthAug 2023: +8.53% | -7.2%Negative MonthSep 2023: -7.24% | -3.6%Negative MonthOct 2023: -3.62% | -2.4%Negative MonthNov 2023: -2.41% | +4.3%Positive MonthDec 2023: +4.31% |
| 2022 | -8.9%Negative MonthJan 2022: -8.89% | +4.4%Positive MonthFeb 2022: +4.43% | -5.1%Negative MonthMar 2022: -5.14% | -2.2%Negative MonthApr 2022: -2.24% | +4.1%Positive MonthMay 2022: +4.08% | +4.2%Positive MonthJun 2022: +4.19% | +10.8%Positive MonthJul 2022: +10.85% | -7.7%Negative MonthAug 2022: -7.68% | -2.9%Negative MonthSep 2022: -2.92% | +15.8%Positive MonthOct 2022: +15.78% | +20.0%Positive MonthNov 2022: +19.97% | -0.7%Neutral MonthDec 2022: -0.67% |
| 2021 | — | — | — | — | +2.0%Neutral MonthMay 2021: +1.99% | +4.6%Positive MonthJun 2021: +4.57% | +0.2%Neutral MonthJul 2021: +0.15% | +8.5%Positive MonthAug 2021: +8.47% | +6.8%Positive MonthSep 2021: +6.83% | +10.5%Positive MonthOct 2021: +10.55% | -16.2%Negative MonthNov 2021: -16.16% | +1.4%Neutral MonthDec 2021: +1.40% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.