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CRA INTERNATIONAL INC (CRAI) Stock Fundamental Analysis

USA - NASDAQ:CRAI - US12618T1051 - Common Stock

180.53 USD
-1.27 (-0.7%)
Last: 10/17/2025, 8:04:11 PM
180.53 USD
0 (0%)
After Hours: 10/17/2025, 8:04:11 PM
Fundamental Rating

5

Taking everything into account, CRAI scores 5 out of 10 in our fundamental rating. CRAI was compared to 86 industry peers in the Professional Services industry. While CRAI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CRAI is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

CRAI had positive earnings in the past year.
In the past year CRAI had a positive cash flow from operations.
CRAI had positive earnings in each of the past 5 years.
Each year in the past 5 years CRAI had a positive operating cash flow.
CRAI Yearly Net Income VS EBIT VS OCF VS FCFCRAI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

1.2 Ratios

With an excellent Return On Assets value of 9.30%, CRAI belongs to the best of the industry, outperforming 80.23% of the companies in the same industry.
CRAI's Return On Equity of 28.64% is amongst the best of the industry. CRAI outperforms 81.40% of its industry peers.
CRAI has a Return On Invested Capital of 14.97%. This is amongst the best in the industry. CRAI outperforms 81.40% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CRAI is in line with the industry average of 13.28%.
The last Return On Invested Capital (14.97%) for CRAI is above the 3 year average (13.88%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 9.3%
ROE 28.64%
ROIC 14.97%
ROA(3y)7.66%
ROA(5y)6.96%
ROE(3y)20.2%
ROE(5y)18.49%
ROIC(3y)13.88%
ROIC(5y)12.07%
CRAI Yearly ROA, ROE, ROICCRAI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

CRAI's Profit Margin of 7.91% is fine compared to the rest of the industry. CRAI outperforms 75.58% of its industry peers.
In the last couple of years the Profit Margin of CRAI has grown nicely.
CRAI has a Operating Margin of 11.94%. This is in the better half of the industry: CRAI outperforms 76.74% of its industry peers.
CRAI's Operating Margin has improved in the last couple of years.
CRAI has a Gross Margin of 32.02%. This is comparable to the rest of the industry: CRAI outperforms 45.35% of its industry peers.
In the last couple of years the Gross Margin of CRAI has remained more or less at the same level.
Industry RankSector Rank
OM 11.94%
PM (TTM) 7.91%
GM 32.02%
OM growth 3Y1.5%
OM growth 5Y9.66%
PM growth 3Y-2.64%
PM growth 5Y8.1%
GM growth 3Y0.98%
GM growth 5Y0.39%
CRAI Yearly Profit, Operating, Gross MarginsCRAI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

4

2. Health

2.1 Basic Checks

CRAI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CRAI has been reduced compared to 1 year ago.
Compared to 5 years ago, CRAI has less shares outstanding
There is no outstanding debt for CRAI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
CRAI Yearly Shares OutstandingCRAI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M
CRAI Yearly Total Debt VS Total AssetsCRAI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

CRAI has an Altman-Z score of 3.81. This indicates that CRAI is financially healthy and has little risk of bankruptcy at the moment.
CRAI's Altman-Z score of 3.81 is fine compared to the rest of the industry. CRAI outperforms 69.77% of its industry peers.
CRAI has a debt to FCF ratio of 5.68. This is a neutral value as CRAI would need 5.68 years to pay back of all of its debts.
CRAI has a Debt to FCF ratio (5.68) which is in line with its industry peers.
A Debt/Equity ratio of 0.61 indicates that CRAI is somewhat dependend on debt financing.
CRAI has a Debt to Equity ratio (0.61) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 5.68
Altman-Z 3.81
ROIC/WACC1.73
WACC8.66%
CRAI Yearly LT Debt VS Equity VS FCFCRAI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.3 Liquidity

A Current Ratio of 0.92 indicates that CRAI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.92, CRAI is doing worse than 75.58% of the companies in the same industry.
A Quick Ratio of 0.92 indicates that CRAI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.92, CRAI is doing worse than 75.58% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.92
Quick Ratio 0.92
CRAI Yearly Current Assets VS Current LiabilitesCRAI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 20.61% over the past year.
CRAI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.24% yearly.
CRAI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.27%.
CRAI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.78% yearly.
EPS 1Y (TTM)20.61%
EPS 3Y11.47%
EPS 5Y20.24%
EPS Q2Q%2.73%
Revenue 1Y (TTM)9.27%
Revenue growth 3Y6.7%
Revenue growth 5Y8.78%
Sales Q2Q%9%

3.2 Future

Based on estimates for the next years, CRAI will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.25% on average per year.
Based on estimates for the next years, CRAI will show a small growth in Revenue. The Revenue will grow by 6.30% on average per year.
EPS Next Y8.23%
EPS Next 2Y8.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.39%
Revenue Next 2Y6.3%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
CRAI Yearly Revenue VS EstimatesCRAI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
CRAI Yearly EPS VS EstimatesCRAI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6 8

2

4. Valuation

4.1 Price/Earnings Ratio

CRAI is valuated rather expensively with a Price/Earnings ratio of 22.85.
The rest of the industry has a similar Price/Earnings ratio as CRAI.
Compared to an average S&P500 Price/Earnings ratio of 27.42, CRAI is valued at the same level.
Based on the Price/Forward Earnings ratio of 20.30, the valuation of CRAI can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRAI is on the same level as its industry peers.
CRAI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.94, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.85
Fwd PE 20.3
CRAI Price Earnings VS Forward Price EarningsCRAI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CRAI is valued a bit cheaper than 76.74% of the companies in the same industry.
60.47% of the companies in the same industry are cheaper than CRAI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 56.23
EV/EBITDA 9.65
CRAI Per share dataCRAI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of CRAI may justify a higher PE ratio.
PEG (NY)2.78
PEG (5Y)1.13
EPS Next 2Y8.25%
EPS Next 3YN/A

5

5. Dividend

5.1 Amount

CRAI has a Yearly Dividend Yield of 1.08%.
Compared to an average industry Dividend Yield of 3.84, CRAI pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.08, CRAI pays less dividend than the S&P500 average, which is at 2.36.
Industry RankSector Rank
Dividend Yield 1.08%

5.2 History

On average, the dividend of CRAI grows each year by 24.11%, which is quite nice.
CRAI has been paying a dividend for at least 10 years, so it has a reliable track record.
As CRAI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)24.11%
Div Incr Years8
Div Non Decr Years8
CRAI Yearly Dividends per shareCRAI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

CRAI pays out 23.36% of its income as dividend. This is a sustainable payout ratio.
The dividend of CRAI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP23.36%
EPS Next 2Y8.25%
EPS Next 3YN/A
CRAI Yearly Income VS Free CF VS DividendCRAI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
CRAI Dividend Payout.CRAI Dividend Payout, showing the Payout Ratio.CRAI Dividend Payout.PayoutRetained Earnings

CRA INTERNATIONAL INC

NASDAQ:CRAI (10/17/2025, 8:04:11 PM)

After market: 180.53 0 (0%)

180.53

-1.27 (-0.7%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)07-31 2025-07-31/bmo
Earnings (Next)10-30 2025-10-30/bmo
Inst Owners93.63%
Inst Owner Change-2.02%
Ins Owners3.78%
Ins Owner Change-4.91%
Market Cap1.19B
Analysts82.5
Price Target244.29 (35.32%)
Short Float %3.49%
Short Ratio2.65
Dividend
Industry RankSector Rank
Dividend Yield 1.08%
Yearly Dividend1.8
Dividend Growth(5Y)24.11%
DP23.36%
Div Incr Years8
Div Non Decr Years8
Ex-Date08-26 2025-08-26 (0.49)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.98%
Min EPS beat(2)0.35%
Max EPS beat(2)11.61%
EPS beat(4)4
Avg EPS beat(4)11.22%
Min EPS beat(4)0.35%
Max EPS beat(4)23.1%
EPS beat(8)7
Avg EPS beat(8)15.81%
EPS beat(12)9
Avg EPS beat(12)11.59%
EPS beat(16)13
Avg EPS beat(16)14.89%
Revenue beat(2)2
Avg Revenue beat(2)1.27%
Min Revenue beat(2)0.94%
Max Revenue beat(2)1.59%
Revenue beat(4)3
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)3.69%
Revenue beat(8)5
Avg Revenue beat(8)0.72%
Revenue beat(12)6
Avg Revenue beat(12)-0.13%
Revenue beat(16)7
Avg Revenue beat(16)-0.21%
PT rev (1m)0%
PT rev (3m)0.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.05%
EPS NY rev (1m)0%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.43%
Valuation
Industry RankSector Rank
PE 22.85
Fwd PE 20.3
P/S 1.67
P/FCF 56.23
P/OCF 32.22
P/B 6.03
P/tB 12.43
EV/EBITDA 9.65
EPS(TTM)7.9
EY4.38%
EPS(NY)8.89
Fwd EY4.93%
FCF(TTM)3.21
FCFY1.78%
OCF(TTM)5.6
OCFY3.1%
SpS108.35
BVpS29.94
TBVpS14.53
PEG (NY)2.78
PEG (5Y)1.13
Profitability
Industry RankSector Rank
ROA 9.3%
ROE 28.64%
ROCE 29.41%
ROIC 14.97%
ROICexc 15.72%
ROICexgc 21.24%
OM 11.94%
PM (TTM) 7.91%
GM 32.02%
FCFM 2.96%
ROA(3y)7.66%
ROA(5y)6.96%
ROE(3y)20.2%
ROE(5y)18.49%
ROIC(3y)13.88%
ROIC(5y)12.07%
ROICexc(3y)15.53%
ROICexc(5y)13.83%
ROICexgc(3y)23.95%
ROICexgc(5y)21.04%
ROCE(3y)19.28%
ROCE(5y)16.76%
ROICexcg growth 3Y6.51%
ROICexcg growth 5Y24.79%
ROICexc growth 3Y6.14%
ROICexc growth 5Y22.57%
OM growth 3Y1.5%
OM growth 5Y9.66%
PM growth 3Y-2.64%
PM growth 5Y8.1%
GM growth 3Y0.98%
GM growth 5Y0.39%
F-Score6
Asset Turnover1.17
Health
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 5.68
Debt/EBITDA 0.99
Cap/Depr 43.83%
Cap/Sales 2.21%
Interest Coverage 19.88
Cash Conversion 30.46%
Profit Quality 37.44%
Current Ratio 0.92
Quick Ratio 0.92
Altman-Z 3.81
F-Score6
WACC8.66%
ROIC/WACC1.73
Cap/Depr(3y)34.29%
Cap/Depr(5y)51.3%
Cap/Sales(3y)1.15%
Cap/Sales(5y)1.45%
Profit Quality(3y)90.22%
Profit Quality(5y)120.14%
High Growth Momentum
Growth
EPS 1Y (TTM)20.61%
EPS 3Y11.47%
EPS 5Y20.24%
EPS Q2Q%2.73%
EPS Next Y8.23%
EPS Next 2Y8.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.27%
Revenue growth 3Y6.7%
Revenue growth 5Y8.78%
Sales Q2Q%9%
Revenue Next Year8.39%
Revenue Next 2Y6.3%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y44.63%
EBIT growth 3Y8.3%
EBIT growth 5Y19.28%
EBIT Next Year41.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-41.2%
FCF growth 3Y-23.19%
FCF growth 5Y24.34%
OCF growth 1Y-5.35%
OCF growth 3Y-13.07%
OCF growth 5Y12.31%