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CRAI (CRA International) EBIT : $64.2 Mil (TTM As of Sep. 2024)


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What is CRA International EBIT?

CRA International's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $17.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $64.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CRA International's annualized ROC % for the quarter that ended in Sep. 2024 was 10.34%. CRA International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 55.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CRA International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.51%.


CRA International EBIT Historical Data

The historical data trend for CRA International's EBIT 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.

* Premium members only.

CRA International EBIT Chart

CRA International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.05 34.84 55.25 60.63 56.10

CRA International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT 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 11.55 16.16 19.48 11.10 17.49

Competitive Comparison of CRA International's EBIT

For the Consulting Services subindustry, CRA International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Business Services Industry

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

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



CRA International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $64.2 Mil.

* 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  (NAS:CRAI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CRA International's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=73.564 * ( 1 - 28.65% )/( (490.539 + 525.108)/ 2 )
=52.487914/507.8235
=10.34 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

CRA International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=69.948/( ( (118.155 + max(7.184, 0)) + (125.528 + max(-19.789, 0)) )/ 2 )
=69.948/( ( 125.339 + 125.528 )/ 2 )
=69.948/125.4335
=55.77 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.141 + 0 + 15.748) - (36.964 + 3.976 + 107.765)
=7.184

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(152.116 + 0 + 17.726) - (39.952 + 6.466 + 143.213)
=-19.789

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

CRA International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=64.219/1424.854
=4.51 %

* 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 EBIT Related Terms

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CRA International Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, Boston, MA, USA, 02116-5092
CRA International Inc is a U.S.-based advisory firm that provides economic, financial, and management consultancy services. The company advises clients on economic and financial issues relating to litigation and regulatory proceedings and helps businesses set important business strategies and solve performance-related issues. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. CRA International generates majority of its revenue from the United States.
Executives
Paul A Maleh officer: EVP, Platform Leader 200 CLARENDON STREET, T-9, BOSTON MA 02116
Jonathan D Yellin officer: EVP and General Counsel 200 CLARENDON STREET, T-9, BOSTON MA 02116
Daniel K. Mahoney officer: CFO, EVP and Treasurer C/O OLD MUTUAL ASSET MANAGEMENT, 200 CLARENDON STREET, BOSTON MA 02116
Christine Rose Detrick director 200 CLARENDON STREET, T-9, BOSTON MA 02116
Thomas Aiken Avery director 465 LAUREL CHASE COURT, ATLANTA GA 30327
Chad M Holmes officer: CFO, EVP and Treasurer 200 CLARENDON STREET, T-9, BOSTON MA 02116
Heather Tookes director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert W Holthausen director 200 CLARENDON STREET, T-9, BOSTON MA 02116
Alva Taylor director C/O CRA INTERNATIONAL, INC., 200 CLARENDON STREET, BOSTON MA 02116
Nancy Hawthorne director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Richard Douglas Booth director 200 CLARENDON STREET, T-9, BOSTON MA 02116
William F Concannon director 200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10166
Rowland Moriarty director 200 CLARENDON ST T33, BOSTON MA 02116
Robert A Whitman director 4200 TEXAS COMMERCE TOWER WEST, 2200 ROSS AVE, DALLAS TX 75201
Douglas C Miller officer: VP, Chief Accounting Officer ONE AMERICAN ROW, P.O. BOX 5056, HARTFORD CT 06052