Huron Consulting Group Inc. provides global professional services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The company offers financial and operational performance improvement consulting services; digital services; spanning technology and analytic-related services, including enterprise health record, enterprise resource planning, enterprise performance management, customer relationship management, data management, artificial intelligence and automation, technology managed services, and a portfolio of software products; organizational transformation; revenue cycle managed services and outsourcing; financial and capital advisory consulting; and strategy and innovation consulting. It also provides research-focused consulting and managed services, as well as Huron Research product suite, a software suite designed to facilitate and improve research administration service delivery and compliance. In addition, the company offers software products, financial capital advisory services, regulatory compliance and risk management consulting, and Commercial consulting. The company serves healthcare, education, financial services, industrials and manufacturing, energy and utilities, public sector, and other commercial industries. The company was incorporated in 2002 and is headquartered in Chicago, Illinois.
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 | $1.7B | $220M | $105M | $162M | 19.9% | 11.7% | -9.9% |
| 2024 | $1.5B | $204M | $117M | $169M | 20.8% | 8.8% | 86.7% |
| 2023 | $1.4B | $162M | $62M | $100M | 11.7% | 20.7% | -17.3% |
| 2022 | $1.2B | $137M | $76M | $61M | 13.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,158.96 | 1,398.76 | 1,521.80 | 1,699.14 |
| Operating Revenue | - | 1,132.46 | 1,362.06 | 1,486.08 | 1,662.84 |
| Cost Of Revenue | - | 812.55 | 979.46 | 1,045.79 | 1,158.73 |
| Gross Profit | - | 346.41 | 419.29 | 476.01 | 540.41 |
| Operating Expense | - | 236.74 | 282.39 | 297.28 | 352.71 |
| Selling General And Administration | - | 209.57 | 257.93 | 286.65 | 318.02 |
| Total Expenses | - | 1,049.29 | 1,261.86 | 1,343.07 | 1,511.44 |
| Operating Income | - | 109.67 | 136.90 | 178.73 | 187.71 |
| Total Operating Income As Reported | - | 99.76 | 125.35 | 168.82 | 178.57 |
| EBITDA | - | 137.03 | 161.84 | 204.03 | 220.14 |
| Normalized EBITDA | - | 146.94 | 173.39 | 213.94 | 229.27 |
| EBIT | - | 109.67 | 136.90 | 178.73 | 187.71 |
| Net Interest Income | - | -11.88 | -19.57 | -25.35 | -34.20 |
| Other Non Operating Income Expenses | - | 20.70 | -21.88 | 10.54 | -9.29 |
| Other Income Expense | - | 10.79 | -33.43 | 0.63 | -18.43 |
| Net Non Operating Interest Income Expense | - | -11.88 | -19.57 | -25.35 | -34.20 |
| Pretax Income | - | 108.58 | 83.90 | 154.02 | 135.08 |
| Tax Provision | - | 33.02 | 21.42 | 37.39 | 30.04 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.01 | -2.95 | -2.41 | -2.03 |
| Net Income Continuous Operations | - | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income From Continuing And Discontinued Operation | - | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income From Continuing Operation Net Minority Interest | - | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income | - | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income Common Stockholders | - | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income Including Noncontrolling Interests | - | 75.55 | 62.48 | 116.63 | 105.04 |
| Normalized Income | - | 82.45 | 71.08 | 124.13 | 112.15 |
| Diluted NI Availto Com Stockholders | - | 75.55 | 62.48 | 116.63 | 105.04 |
| Basic Average Shares | - | 20.25 | 18.83 | 17.89 | 17.44 |
| Diluted Average Shares | - | 20.75 | 19.60 | 18.61 | 17.99 |
| Reconciled Depreciation | - | 27.36 | 24.94 | 25.30 | 32.43 |
| Reconciled Cost Of Revenue | - | 812.55 | 979.43 | 1,045.31 | 1,157.92 |
| Total Unusual Items | - | -9.91 | -11.55 | -9.91 | -9.14 |
| Total Unusual Items Excluding Goodwill | - | -9.91 | -11.55 | -9.91 | -9.14 |
| Net Income Discontinuous Operations | 0 | 0 | - | - | - |
| Special Income Charges | - | -9.91 | -11.55 | -9.91 | -9.14 |
| Other Special Charges | 0.20 | - | - | - | - |
| Impairment Of Capital Assets | 0 | 0 | - | - | - |
| Restructuring And Mergern Acquisition | - | 9.91 | 11.55 | 9.91 | 9.14 |
| Depreciation Amortization Depletion Income Statement | - | 27.36 | 24.91 | 24.82 | 31.62 |
| Depreciation And Amortization In Income Statement | - | 27.36 | 24.91 | 24.82 | 31.62 |
| Total Other Finance Cost | - | 11.88 | 19.57 | 25.35 | 34.20 |
| Other Operating Expenses | - | -0.19 | -0.44 | -14.20 | 3.07 |
| Amortization | 3.80 | - | - | - | - |
| Amortization Of Intangibles Income Statement | 3.80 | - | - | - | - |
| Depreciation Income Statement | 21.69 | - | - | - | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Huron Consulting Group Inc.this co. | HURN | $1.7B | 16.54 | 3.29 | 19.9% | 10.27 |
| Enovix Corporation | ENVX | $1.8B | - | 6.72 | -57.8% | - |
| JetBlue Airways Corporation | JBLU | $1.8B | -2.99 | 0.85 | -28.4% | 18.80 |
| CBIZ, Inc. | CBZ | $1.8B | 15.50 | 1.02 | 6.6% | 9.83 |
| Proto Labs, Inc. | PRLB | $1.8B | 83.79 |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.64 |
| 3.2% |
| 27.86 |
| Enerpac Tool Group Corp. | EPAC | $1.8B | 18.89 | 4.04 | 21.4% | 12.23 |
| Vestis Corporation | VSTS | $1.7B | -43.48 | 2.02 | -4.6% | 16.43 |
| Ameresco, Inc. | AMRC | $1.7B | 39.14 | 1.60 | 4.1% | 15.21 |
| Target Hospitality Corp. | TH | $1.7B | -45.10 | 4.30 | -9.5% | 44.27 |
| Peer Median | - | 15.50 | 2.33 | -0.7% | 16.43 | |