MARKETS / NASDAQ / CRAI

NASDAQ · SERVICES-LEGAL SERVICES · LARGE CAP

CRA International, Inc. CRAI

17 fiscal years on record · USD · FY2025 reported · SEC filings only

9 YEARS OF DIVIDEND GROWTH

Revenue

$751.6M

▲ 9.3% YoY

Net income

$54.8M

▲ 17.4% YoY

Free cash flow

$18.6M

▼ 44.0% YoY

In brief

What this company does

It offers consulting services in two broad areas: litigation, regulatory, and financial consulting, and management consulting. In its litigation, regulatory, and financial consulting practices, it typically works closely with law firms on behalf of one or more companies involved in litigation or regulatory proceedings in areas such as antitrust, accounting and valuation disputes, damages, and labor and employment. Its management consulting practices offer a mix of industry and functional expertise to help companies address and solve their strategic, organizational, and operational business problems. The company's inception dates to 1965.

Written from the business description in CRA INTERNATIONAL, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 751.6M

Revenue, FY2025 · full 17-year series below

Revenue $M Net income $M

FY2025 · Revenue 751.6 · Net income 54.8

Compound annual growth

Revenue

+8.3%

+8.1%

+9.5%

+6.6%

Net income

+7.9%

+17.5%

+21.7%

EPS, diluted

+11.3%

+21.5%

Dividend / share

+16.5%

Returned to shareholders

+17.9%

+23.9%

+17.5%

+21.1%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +8.1% a year over five years — but profit grew faster: net income at +17.5%, earnings per share at +21.5%.

The share count fell from 0.01B to 0.01B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

7 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 11.1% · Net 7.3%

ROE

FY2025 · ROE 25.7%

Gross margin30.9%

Operating margin11.1%

Net margin7.3%

Return on assets9.1%

EBITDAUSD 97.3M

Each USD of equity produced 26 cents of profit this year.

Cash & shareholders

USD 61.0M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 18.6

Net buybacks $M Dividends $M

FY2025 · Dividends 13.8 · Net buybacks 47.1

Dividends paidUSD 13.8M

Net buybacksUSD 47.1M

Share of profit111.3%

Consecutive raises9 years

USD 13.8M in dividends and USD 47.1M in buybacks — 111% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 628.9M

EquityUSD 213.6M

CashUSD 18.2M

Current ratio0.92×

Equity funds 34% of total assets.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.8	0.7	0.6	0.6	0.6	0.5	0.5	0.4	0.4	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3
Operating income $B	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.1	0.0	0.0	0.0
EBITDA $B	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.1	0.0	0.0	0.0
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0
Net income $B	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.1	0.0	0.0	0.0
Free cash flow $B	0.0	0.0	0.1	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0
EPS, diluted $	8.14	6.74	5.39	5.91	5.45	3.07	·	·	·	·	·	·	·	·	·	·	·
Dividend / sh $	2.04	1.75	1.50	1.29	1.09	0.95	0.83	0.71	0.59	0.14	·	·	·	·	·	·	·
Payout %	25	26	28	22	20	31	33	26	65	9	·	·	·	·	·	·	·
ROE %	25.7	22.0	18.2	20.9	20.1	12.0	10.5	11.2	3.7	6.2	3.6	·	·	·	·	·	·
Shares out B	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 63 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 23 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityServices-Legal Services

Listed onNASDAQ

Incorporated inMassachusetts

Fiscal year endsJanuary 2

Data on record since2009