CRAI (CRA International) Debt-to-EBITDA : 2.53 (As of Jun. 2026) — 79% Above Median

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CRAI CRA International Inc CRAI
84 GF Score
Price $174.45
GF Value $210.92
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is CRA International Debt-to-EBITDA?

CRA International CRAI +0.87% 84 Debt-to-EBITDA is 2.53 as of Jun. 2026, which is 79% above its 10-year median of 1.41. GuruFocus rates CRAI with a GF Score™ of 84/100 and a GF Value™ of $210.92 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 832 Business Services companies, CRA International ranks worse than 67.67% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

CRA International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $236.7 Mil. CRA International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $67.0 Mil. CRA International's annualized EBITDA for the quarter that ended in Jun. 2026 was $120.2 Mil. CRA International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.53.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for CRA International's Debt-to-EBITDA or its related term are showing as below:

CRAI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.06   Med: 1.41   Max: 3.23
Current: 2.8

During the past 13 years, the highest Debt-to-EBITDA Ratio of CRA International was 3.23. The lowest was 1.06. And the median was 1.41.

CRAI's Debt-to-EBITDA is ranked worse than
67.67% of 832 companies
in the Business Services industry
Industry Median: 1.68 vs CRAI: 2.80

CRA International  (NAS:CRAI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


CRA International Debt-to-EBITDA Related Terms


CRA International Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CRA International's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CRA International Debt-to-EBITDA Chart

CRA International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.41 1.33 1.06 1.14

CRA International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.13 1.92 1.16 2.75 2.53

CRAI vs ICFI, ROMA, HURN: Debt-to-EBITDA Comparison

For the Consulting Services subindustry, CRA International's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CRA International Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, CRA International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CRA International's Debt-to-EBITDA falls into.


CRAI
84GF Score
CRA International Inc CRAI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRA International Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

CRA International's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(51.223 + 76.009) / 111.44
=1.14

CRA International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(236.695 + 66.956) / 120.236
=2.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.53 mean?
CRA International (CRAI) has a Debt-to-EBITDA of 2.53 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CRA International. This is 79% above median its historical median of 1.41. Over the past decade, CRA International's Debt-to-EBITDA has ranged from 1.06 to 3.23. According to the industry distribution chart, CRA International ranks #563 out of 832 companies in the Business Services industry, placing it in the top 67.7%.
Is CRA International's Debt-to-EBITDA too high?
CRA International's current Debt-to-EBITDA of 2.53 is 79% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 3.23. The Business Services industry median Debt-to-EBITDA is 1.68. CRA International's value of 2.53 is 50.6% above this industry median. Based on the distribution chart, CRA International ranks #563 out of 832 companies in the Business Services industry, which is below the industry midpoint. Overall, CRA International has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRA International's Debt-to-EBITDA compare to ICFI and ROMA?
According to the Business Services industry distribution chart, CRA International ranks #563 out of 832 companies for Debt-to-EBITDA. This places CRA International in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. CRA International's value of 2.53 is 50.6% above this benchmark. Historically, CRA International's own Debt-to-EBITDA has ranged from 1.06 to 3.23 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.68, CRA International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.68, based on 832 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CRA International's current Debt-to-EBITDA of 2.53 is 50.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CRA International. For the Business Services industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRA International's current Debt-to-EBITDA is 2.53, which is 79% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRA International stock overvalued right now?
Based on GuruFocus' analysis, CRA International (CRAI) is currently considered Modestly Undervalued. The stock's GF Value™ is $210.92, compared to a current price of $174.45 — trading 17.3% below its estimated fair value. The current Debt-to-EBITDA is 2.53, which is 79% above median its 10-year median of 1.41 and 50.6% above the Business Services industry median of 1.68. CRA International's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For CRA International (CRAI), the current Debt-to-EBITDA is 2.53 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CRA International (CRAI) Overvalued in 2026?

Based on GuruFocus' analysis, CRA International stock appears to be undervalued. The current stock price of $174.45 is trading 17.3% below its estimated GF Value™ of $210.92. GuruFocus considers CRA International to be Modestly Undervalued.

Key valuation signals for CRAI:

  • Debt-to-EBITDA: 2.53 (79% above median its 10-year median of 1.41)
  • GF Value™: $210.92 vs. price of $174.45 (17.3% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 50.6% above the Business Services median (#563 of 832)

No single metric tells the full story. See the CRAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRA International Business Description

Other Exchanges CR2:Germany
Address 200 Clarendon Street, Boston, MA, USA, 02116-5092
CRA International Inc is a consulting firm specializing in providing economic, financial and management consulting services. The company provides advisory services on economic and financial matters related to litigation and regulatory proceedings, and advises corporations on business and performance-related matters. Its consulting services are organized into two areas: litigation, regulatory and financial consulting, and management consulting. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. It derives revenues by providing professional and consulting services. Geographically, the maximum revenue is derived from the United States, followed by United Kingdom and other regions.
84GF Score

Get the complete analysis for CRAI

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$174.45
Price
$210.92
GF Value