CRA International (CRAI)

Nasdaq Market Closed

CRA International, Inc., commonly known as Charles River Associates, is a global consulting firm that provides economic, financial, and management advisory services. The company’s shares trade under the symbol CRAI. Its work is heavily focused on complex business problems where quantitative analysis, industry expertise, and expert testimony are important to decision-making.

A large part of CRA International’s business comes from litigation, regulatory, and financial consulting. In this area, the firm assists law firms, corporations, government bodies, and other institutions with matters such as antitrust disputes, damages analysis, intellectual property cases, securities litigation, competition reviews, and regulatory proceedings. Its consultants may provide economic modelling, market analysis, valuation support, and expert witness services in high-stakes legal and policy environments.

The company also offers management consulting services to corporations seeking to improve strategy, performance, operations, and decision-making. This can include advice on pricing, market entry, auctions, energy markets, life sciences, financial services, and other specialised sectors. CRA International’s client base spans domestic and international companies, public agencies, utilities, trade associations, and legal advisers.

Revenue is generated primarily from professional fees billed for consulting engagements. The United States is the company’s largest market, with additional contributions from the United Kingdom and other international locations. CRA International’s competitive position rests on the expertise of its senior consultants, its reputation in litigation and regulatory matters, and its ability to combine academic-quality analysis with practical commercial advice. For investors, CRAI offers exposure to a specialised professional services business tied to legal, regulatory, and corporate advisory demand.

142.58 USD
88.77 USD
+1.03 (+0.73%)
After-hours

Last updated

Market Cap
921.5M
P/E
19.23
P/FCF
P/S
1.2
Enterprise Value
1.08B
Sector
Consumer Discretionary
Industry
Legal Services
Address
200 CLARENDON STREET, BOSTON, MA, 02116
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Market Cap
921.5M
Enterprise Value
1.08B
P/E
19.23
P/B
4.64
P/S
1.2
EV / EBITDA
12.05
EV / Sales
1.4
EPS
7.41
Dividend Yield
1.54%
P/FCF
P/CF
Free Cash Flow
-17.01M
ROE
24.15%
ROA
7.23%
Debt / Equity
0.97
Current Ratio
0.83
Quick Ratio
0.83
Cash
0.09
Avg Volume
168.7K
Fundamentals Snapshot Price
142.58

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 200.98M 196.96M 185.89M 186.88M 181.85M
Gross profit 55.95M 58.04M 54.42M 58.34M 61.5M
Operating income 18.03M 20.64M 17.21M 19.73M 25.55M
EBITDA 21.42M 24.35M 20.7M 23.26M 28.96M
Net income 11.13M 13.19M 11.47M 12.12M 18M
Basic EPS 1.71 2.01 1.74 1.81 2.65
Diluted EPS 1.69 1.98 1.73 1.79 2.62

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 662.41M 628.87M 629.04M 606.78M 590.44M
Total liabilities 464.02M 415.28M 427.39M 409.78M 363.12M
Total equity 198.39M 213.6M 201.66M 197M 227.32M
Cash & equivalents 32.5M 18.21M 22.5M 19.45M 25.6M
Current assets 316.47M 303.13M 305.58M 293.11M 278.12M
Current liabilities 380.84M 330.03M 338.6M 317.33M 270.5M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -113.89M 60.02M 36.55M 5.85M -79.99M
Investing cash flow -2.65M -1.06M -650K -1.19M -974K
Financing cash flow 131.28M -64.73M -32.29M -11.88M 79.06M
Change in cash 14.29M -4.29M 3.05M -6.15M -1.11M
Kind Filing Date Link
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