Stocks · Services-Legal Services

CRA INTERNATIONAL, INC.

CRAI Clue Score55
United States Fiscal year ends January CIK 0001053706
$176.73 -0.47% Close, 9 Oct 2026
Price $176.73 +67.23% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue324.8Operating income18.9Net income12.9EPS, diluted1.49Fiscal year 2017Revenue370.1 +13.9%Operating income15.8Net income7.6 −40.8%EPS, diluted0.89 −40.3%Fiscal year 2018Revenue417.6 +12.9%Operating income28.9Net income22.5 +195.0%EPS, diluted2.61 +193.3%Fiscal year 2019Revenue451.4 +8.1%Operating income29.3Net income20.7 −7.8%EPS, diluted2.53 −3.1%Fiscal year 2021Revenue508.4 +12.6%Operating income34.8Net income24.5 +18.1%EPS, diluted3.07 +21.3%Fiscal year 2022Revenue565.9 +11.3%Operating income55.7Net income41.7 +70.1%EPS, diluted5.45 +77.5%Fiscal year 2022Revenue590.9 +4.4%Operating income58.7Net income43.6 +4.7%EPS, diluted5.91 +8.4%Fiscal year 2023Revenue624.0 +5.6%Operating income57.5Net income38.5 −11.8%EPS, diluted5.39 −8.8%Fiscal year 2024Revenue687.4 +10.2%Operating income70.8Net income46.7 +21.2%EPS, diluted6.74 +25.0%Fiscal year 2026Revenue751.6 +9.3%Operating income83.1Net income54.8 +17.4%EPS, diluted8.14 +20.8%
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Revenue 324.8 370.1 417.6 451.4 508.4 565.9 590.9 624.0 687.4 751.6
Growth +13.9% +12.9% +8.1% +12.6% +11.3% +4.4% +5.6% +10.2% +9.3%
Operating income 18.9 15.8 28.9 29.3 34.8 55.7 58.7 57.5 70.8 83.1
Net income 12.9 7.6 22.5 20.7 24.5 41.7 43.6 38.5 46.7 54.8
Growth −40.8% +195.0% −7.8% +18.1% +70.1% +4.7% −11.8% +21.2% +17.4%
EPS, diluted 1.49 0.89 2.61 2.53 3.07 5.45 5.91 5.39 6.74 8.14
Growth −40.3% +193.3% −3.1% +21.3% +77.5% +8.4% −8.8% +25.0% +20.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin30.0%Operating margin5.8%Net margin4.0%Free cash flow margin10.8%Fiscal year 2017Operating margin4.3%Net margin2.1%Free cash flow margin9.8%Fiscal year 2018Operating margin6.9%Net margin5.4%Free cash flow margin5.0%Fiscal year 2019Operating margin6.5%Net margin4.6%Free cash flow margin2.5%Fiscal year 2021Operating margin6.8%Net margin4.8%Free cash flow margin7.4%Fiscal year 2022Operating margin9.8%Net margin7.4%Free cash flow margin12.9%Fiscal year 2022Operating margin9.9%Net margin7.4%Free cash flow margin3.6%Fiscal year 2023Operating margin9.2%Net margin6.2%Free cash flow margin9.2%Fiscal year 2024Operating margin10.3%Net margin6.8%Free cash flow margin4.8%Fiscal year 2026Operating margin11.1%Net margin7.3%Free cash flow margin2.5%
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Gross margin 30.0% n/a n/a n/a n/a n/a n/a n/a n/a n/a
Operating margin 5.8% 4.3% 6.9% 6.5% 6.8% 9.8% 9.9% 9.2% 10.3% 11.1%
Net margin 4.0% 2.1% 5.4% 4.6% 4.8% 7.4% 7.4% 6.2% 6.8% 7.3%
Free cash flow margin 10.8% 9.8% 5.0% 2.5% 7.4% 12.9% 3.6% 9.2% 4.8% 2.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow48.2Capital expenditure−13.0Free cash flow35.1Buybacks−19.3Dividends paid−1.2Fiscal year 2017Operating cash flow45.9Capital expenditure−9.8Free cash flow36.1 +2.7%Buybacks−19.5Dividends paid−4.9Fiscal year 2018Operating cash flow36.2Capital expenditure−15.4Free cash flow20.7 −42.5%Buybacks−27.9Dividends paid−5.8Fiscal year 2019Operating cash flow27.8Capital expenditure−16.7Free cash flow11.1 −46.3%Buybacks−18.1Dividends paid−6.8Fiscal year 2021Operating cash flow54.7Capital expenditure−17.1Free cash flow37.6 +237.3%Buybacks−13.4Dividends paid−7.5Fiscal year 2022Operating cash flow75.7Capital expenditure−2.6Free cash flow73.1 +94.5%Buybacks−45.0Dividends paid−8.3Fiscal year 2022Operating cash flow25.1Capital expenditure−3.8Free cash flow21.3 −70.8%Buybacks−27.6Dividends paid−9.6Fiscal year 2023Operating cash flow60.1Capital expenditure−2.4Free cash flow57.7 +170.8%Buybacks−31.4Dividends paid−10.8Fiscal year 2024Operating cash flow49.7Capital expenditure−16.6Free cash flow33.1 −42.6%Buybacks−33.3Dividends paid−12.3Fiscal year 2026Operating cash flow22.4Capital expenditure−3.9Free cash flow18.6 −44.0%Buybacks−47.1Dividends paid−13.8
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Operating cash flow 48.2 45.9 36.2 27.8 54.7 75.7 25.1 60.1 49.7 22.4
Capital expenditure −13.0 −9.8 −15.4 −16.7 −17.1 −2.6 −3.8 −2.4 −16.6 −3.9
Free cash flow 35.1 36.1 20.7 11.1 37.6 73.1 21.3 57.7 33.1 18.6
Growth +2.7% −42.5% −46.3% +237.3% +94.5% −70.8% +170.8% −42.6% −44.0%
Buybacks −19.3 −19.5 −27.9 −18.1 −13.4 −45.0 −27.6 −31.4 −33.3 −47.1
Dividends paid −1.2 −4.9 −5.8 −6.8 −7.5 −8.3 −9.6 −10.8 −12.3 −13.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash53.5Shareholders’ equity207.2Fiscal year 2017Cash54.0Shareholders’ equity206.9Fiscal year 2018Cash38.0Shareholders’ equity196.5Fiscal year 2019Cash25.6Shareholders’ equity197.8Fiscal year 2021Cash45.7Shareholders’ equity209.0Fiscal year 2022Cash66.1Shareholders’ equity205.8Fiscal year 2022Cash31.4Shareholders’ equity211.2Fiscal year 2023Cash45.6Shareholders’ equity212.1Fiscal year 2024Cash26.7Shareholders’ equity212.1Fiscal year 2026Cash18.2Shareholders’ equity213.6
FY2016FY2017FY2018FY2019FY2021FY2022FY2022FY2023FY2024FY2026
Cash 53.5 54.0 38.0 25.6 45.7 66.1 31.4 45.6 26.7 18.2
Shareholders’ equity 207.2 206.9 196.5 197.8 209.0 205.8 211.2 212.1 212.1 213.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 30 Dec 2017 FY2018 29 Dec 2018 FY2019 28 Dec 2019 FY2021 2 Jan 2021 FY2022 1 Jan 2022 FY2022 31 Dec 2022 FY2023 30 Dec 2023 FY2024 28 Dec 2024 FY2026 3 Jan 2026
Revenue and profit
324.8 370.1 417.6 451.4 508.4 565.9 590.9 624.0 687.4 751.6
Growth +13.9% +12.9% +8.1% +12.6% +11.3% +4.4% +5.6% +10.2% +9.3%
97.4 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Growth
70.6 86.5 89.5 93.6 90.0 97.4 110.1 115.1 125.1 135.0
18.9 15.8 28.9 29.3 34.8 55.7 58.7 57.5 70.8 83.1
Growth −16.7% +83.6% +1.4% +18.6% +60.2% +5.4% −2.0% +22.9% +17.5%
21.9 15.2 28.9 26.8 33.6 54.3 58.8 52.3 66.2 76.6
7.7 7.5 6.5 6.1 9.1 12.6 15.2 13.8 19.6 21.8
12.9 7.6 22.5 20.7 24.5 41.7 43.6 38.5 46.7 54.8
Growth −40.8% +195.0% −7.8% +18.1% +70.1% +4.7% −11.8% +21.2% +17.4%
Per share
1.50 0.91 2.76 2.63 3.14 5.59 6.02 5.48 6.82 8.23
1.49 0.89 2.61 2.53 3.07 5.45 5.91 5.39 6.74 8.14
Growth −40.3% +193.3% −3.1% +21.3% +77.5% +8.4% −8.8% +25.0% +20.8%
8.5 8.3 8.1 7.9 7.8 7.4 7.2 7.0 6.8 6.6
8.6 8.5 8.6 8.2 7.9 7.6 7.4 7.1 6.9 6.7
Growth −1.2% +0.9% −4.7% −2.7% −4.1% −3.5% −3.2% −3.0% −2.8%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 8.1% a year over five years, and earnings per share grew 21.5% a year.
  • The diluted share count fell 15.5% in five years, so buybacks did some of the work per share.
  • Operating margin is up 4.2 points on five years ago, at 11.1%.
  • Profitable in every one of the 10 years on file.