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Huron Consulting Group Gross Margin %

: 30.69% (As of Sep. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. Huron Consulting Group's Gross Profit for the three months ended in Sep. 2021 was $69.9 Mil. Huron Consulting Group's Revenue for the three months ended in Sep. 2021 was $227.7 Mil. Therefore, Huron Consulting Group's Gross Margin % for the quarter that ended in Sep. 2021 was 30.69%.

Warning Sign:

Huron Consulting Group Inc gross margin has been in long term decline. The average rate of decline per year is -5.6%.


The historical rank and industry rank for Huron Consulting Group's Gross Margin % or its related term are showing as below:

NAS:HURN' s Gross Margin % Range Over the Past 10 Years
Min: 28.89   Med: 34.84   Max: 38.64
Current: 28.92

28.89
38.64

During the past 13 years, the highest Gross Margin % of Huron Consulting Group was 38.64%. The lowest was 28.89%. And the median was 34.84%.

NAS:HURN's Gross Margin % is ranked lower than
57% of the 957 Companies
in the Business Services industry.

( Industry Median: 33.46 vs. NAS:HURN: 28.92 )

Huron Consulting Group had a gross margin of 30.69% for the quarter that ended in Sep. 2021 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Huron Consulting Group was -5.60% per year.


Huron Consulting Group Gross Margin % Historical Data

The historical data trend for Huron Consulting Group's Gross Margin % 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.

Huron Consulting Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.18 34.36 31.15 31.19 28.89

Huron Consulting Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 28.76 28.52 26.82 29.37 30.69

Competitive Comparison

For the Consulting Services subindustry, Huron Consulting Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

   

Huron Consulting Group Gross Margin % Distribution

For the Business Services industry and Industrials sector, Huron Consulting Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Huron Consulting Group's Gross Margin % falls into.



Huron Consulting Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Huron Consulting Group's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=251.7 / 871.014
=(Revenue - Cost of Goods Sold) / Revenue
=(871.014 - 619.346) / 871.014
=28.89 %

Huron Consulting Group's Gross Margin for the quarter that ended in Sep. 2021 is calculated as


Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=69.9 / 227.697
=(Revenue - Cost of Goods Sold) / Revenue
=(227.697 - 157.816) / 227.697
=30.69 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Huron Consulting Group  (NAS:HURN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Huron Consulting Group had a gross margin of 30.69% for the quarter that ended in Sep. 2021 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Huron Consulting Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Huron Consulting Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Huron Consulting Group Business Description

Huron Consulting Group logo
Industry
Industrials » Business Services NAICS : 541611 SIC : 8742
Traded in Other Exchanges
Address
550 West Van Buren Street, Chicago, IL, USA, 60607
Huron Consulting Group Inc is a professional services firm. The company provides expertise in strategy, technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Business Advisory. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Business Advisory segment provides services to large and middle-market organizations, not-for-profit organizations, and private equity firms. It generates a majority of its revenue from the Healthcare Segment.
Executives
Zumwalt Debra director 149 COMMONWEALTH DRIVE MENLO PARK CA 94025
Roth James H director, officer: CEO HURON CONSULTING GROUP 550 WEST VAN BUREN STREET CHICAGO IL 60607
Hussey C. Mark officer: President and COO 550 WEST VAN BUREN STREET CHICAGO IL 60607
Mccartney John director US ROBOTICS INC 8100 MCCORMICK BLVD SKOKIE IL 60076
Featherstone Kyle officer: Controller 550 W. VAN BUREN 17TH FLOOR CHICAGO IL 60607
Lockhart H Eugene director OAK HILL FARM, P.O. BOX 489 4125 LOUISA ROAD KESWICK VA 22947
Sawyer Hugh E Iii director 1806 BALLY BUNION DRIVE DECATUR GA 30097
Singh-bushell Ekta director 9197 S. PEORIA ST. ENGLEWOOD CO 80112
Torain Ernest W. Jr. officer: EVP, Gen. Counsel & Corp.Sec. 550 W. VAN BUREN 17TH FLOOR CHICAGO IL 60607
Massaro George director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MASSARO GEORGE a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Kelly John D. officer: EVP, CFO and Treasurer 555 WEST VAN BUREN STREET CHICAGO IL 60607
Wong Ellen officer: Chief Accounting Officer 550 WEST VAN BUREN STREET CHICAGO IL 60607
Ratekin Diane E. officer: EVP, Gen. Counsel, & Corp.Sec. 550 WEST VAN BUREN STREET CHICAGO IL 60607
Moody John S director MARSH MCLENNAN REALTY ADVISORS 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036
Edwards James D director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: EDWARDS JAMES D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Huron Consulting Group Headlines

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