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% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,158.96 | 1,398.76 | 1,521.81 | 1,699.14 |
| 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 |
| Operating Income | 109.67 | 136.90 | 178.73 | 187.71 |
| EBITDA | 137.03 | 161.84 | 204.03 | 220.13 |
| EBIT | 109.67 | 136.90 | 178.73 | 187.71 |
| Pretax Income | 108.58 | 83.89 | 154.02 | 135.08 |
| Tax Provision | 33.02 | 21.42 | 37.39 | 30.04 |
| Net Income | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income Common Stockholders | 75.55 | 62.48 | 116.63 | 105.04 |
| Total Expenses | 1,049.29 | 1,261.86 | 1,343.07 | 1,511.44 |
| Selling General And Administration | 209.57 | 257.93 | 286.65 | 318.01 |
| Normalized EBITDA | 146.94 | 173.39 | 213.94 | 229.27 |
| Normalized Income | 82.45 | 71.08 | 124.13 | 112.15 |
| Basic EPS | 3.73 | 3.32 | 6.52 | 6.02 |
| Diluted EPS | 3.64 | 3.19 | 6.27 | 5.84 |
| Tax Effect Of Unusual Items | -3.01 | -2.95 | -2.41 | -2.03 |
| Tax Rate For Calcs | 0.30 | 0.26 | 0.24 | 0.22 |
| 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 From Continuing Operation Net Minority Interest | 75.55 | 62.48 | 116.63 | 105.04 |
| Reconciled Depreciation | 27.36 | 24.94 | 25.30 | 32.43 |
| Reconciled Cost Of Revenue | 812.55 | 979.43 | 1,045.31 | 1,157.92 |
| Net Interest Income | -11.88 | -19.57 | -25.35 | -34.20 |
| Net Income From Continuing And Discontinued Operation | 75.55 | 62.48 | 116.63 | 105.04 |
| Total Operating Income As Reported | 99.76 | 125.35 | 168.82 | 178.57 |
| Diluted Average Shares | 20.75 | 19.60 | 18.61 | 17.99 |
| Basic Average Shares | 20.25 | 18.83 | 17.89 | 17.45 |
| Diluted NI Availto Com Stockholders | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income Including Noncontrolling Interests | 75.55 | 62.48 | 116.63 | 105.04 |
| Net Income Discontinuous Operations | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | 75.55 | 62.48 | 116.63 | 105.04 |
| Other Income Expense | 10.79 | -33.43 | 0.63 | -18.43 |
| Other Non Operating Income Expenses | 20.70 | -21.88 | 10.54 | -9.29 |
| Special Income Charges | -9.91 | -11.55 | -9.91 | -9.14 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Impairment Of Capital Assets | 0 | 0 | 0 | 0 |
| Restructuring And Mergern Acquisition | 9.91 | 11.55 | 9.91 | 9.14 |
| Net Non Operating Interest Income Expense | -11.88 | -19.57 | -25.35 | -34.20 |
| Total Other Finance Cost | 11.88 | 19.57 | 25.35 | 34.20 |
| Other Operating Expenses | -0.19 | -0.44 | -14.20 | 3.07 |
| 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 |
| Amortization | 0 | 0 | 0 | 0 |
| Amortization Of Intangibles Income Statement | 0 | 0 | 0 | 0 |
| Depreciation Income Statement | 0 | 0 | 0 | 0 |
| Operating Revenue | 1,132.45 | 1,362.06 | 1,486.09 | 1,662.84 |
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 | $2.1B | 22.00 | 4.01 | 19.9% | 11.58 |
| American Superconductor Corporation | AMSC | $2.3B | 15.69 | 4.23 | 3.1% | 95.34 |
| First Advantage Corporation | FA | $2.2B | - | 1.73 | -2.7% | 10.84 |
| Helios Technologies, Inc. | HLIO | $2.2B | 46.10 | 2.38 | 5.2% | 16.37 |
| Eos Energy Enterprises, Inc. | EOSE |
| $2.2B |
| - |
| -0.95 |
| 43.3% |
| -15.54 |
| Blue Bird Corporation | BLBD | $2.1B | 15.52 | 7.17 | 50.0% | 9.57 |
| Custom Truck One Source, Inc. | CTOS | $2.1B | - | 2.57 | -3.8% | 21.79 |
| Ducommun Incorporated | DCO | $2.1B | - | 3.12 | -5.1% | 21.40 |
| V2X, Inc. | VVX | $2.1B | 26.78 | 1.89 | 7.2% | 9.34 |
| Peer Median | - | 21.24 | 2.47 | 4.1% | 13.61 | |