CRAINasdaqServices-Legal ServicesFiscal year ends January 2
CRA INTERNATIONAL, INC.
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 6, 2026
$177.99−0.10 (-0.06%)
Close on Oct 19, 2026
- Market cap
- $1.14B
- P/E (TTM)
- 23.7
- Dividend yield
- 1.15%
Margins
Share of revenue, fiscal years 2010 to 2025
Gross margin
30.9%+3.8 pts over 5 years
Operating margin
11.1%+4.2 pts over 5 years
Net margin
7.3%+2.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.3% | +8.3% | +8.1% | +9.5% | |
| Gross profit | +12.0% | +8.7% | +11.0% | +9.2% | |
| Operating income | +17.5% | +12.3% | +19.0% | +21.0% | |
| Net income | +17.4% | +7.9% | +17.5% | +21.7% | |
| EPS, diluted | +20.8% | +11.3% | +21.5% | – | |
| Free cash flow | -44.0% | -4.5% | -13.2% | +22.4% | |
| Dividend per share | +16.6% | +16.5% | +16.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.2% | 12.0% | 25.7% | |
| Return on assets | 4.0% | 4.5% | 9.1% | |
| Current ratio | 1.81 | 1.10 | 0.92 | |
| Interest coverage | 40.3× | 28.6× | 15.5× | |
| Capex to revenue | 4.0% | 3.4% | 0.5% | |
| Diluted shares | 9M | 8M | 7M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Cra International generated $233.05M from operations and spent $268.62M on capital expenditure, dividends and share buybacks. 11% of that went back into the business.
Generated
$233.05M
Used
$268.62M
Capital expenditure$29.29M11%Dividends$54.81M20%Share buybacks$184.52M69%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.3%
×Asset turnover1.25×
×Equity multiplier2.82×
=Return on equity, FY202525.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.3% | 1.25× | 2.82× | 25.7% |
| FY2024 | 6.8% | 1.22× | 2.65× | 22.0% |
| FY2023 | 6.2% | 1.13× | 2.61× | 18.2% |
| FY2022 | 7.4% | 1.07× | 2.65× | 20.9% |
| FY2021 | 7.4% | 1.02× | 2.68× | 20.1% |
| FY2020 | 4.8% | 0.93× | 2.68× | 12.0% |
| FY2019 | 4.6% | 1.00× | 2.29× | 10.5% |
| FY2018 | 5.4% | 1.14× | 1.82× | 11.2% |
| FY2017 | 2.1% | 1.08× | 1.66× | 3.7% |
| FY2016 | 4.0% | 1.02× | 1.52× | 6.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$54.78M
- Cash generatingOperating cash flow above zero$22.42M
- Return on assets improvedROA up on the prior year8.4% → 9.6%
- Earnings backed by cashOperating cash flow above net income$22.42M vs $54.78M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.07 → 0.92
- No dilutionShare count did not rise7M → 7M
- Gross margin improvedGross margin up on the prior year30.18% → 30.91%
- More efficientAsset turnover rose1.24 → 1.32