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CRAICRA International, Inc.
$158.74$1.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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CRAI logo

CRA International, Inc.

CRAI
NASDAQ · Consulting Services
$158.74
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$1.03B
P/E19.5x
52W High$227.29
Volume113.4K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Revenue Growth Masks Structural Margin Erosion

CRAI's accelerating top-line growth, reaching 12.8% year-over-year in Q2 2026, suggests strong demand for its specialized litigation support services. However, this growth appears to be masking structural margin compression, with gross margins declining to 26....

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

CRAI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-10% Peers

P/E is 10% below peer median

03

Market leadership

RS 49 · Lag

Laggard (Underperforming 51% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 6

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CRAI-19.98%
S&P 500 (^GSPC)+13.20%
1-Year Return
CRAI-22.77%
S&P 500 (^GSPC)+15.98%
3-Year Return
CRAI+60.10%
S&P 500 (^GSPC)+77.66%
5-Year Return
CRAI+76.02%
S&P 500 (^GSPC)+67.60%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
19.5x
Forward P/EExpansion
19.3x
EV/EBITDA40th %ile
11.7x
FCF YieldCash Flow
1.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
19.5x
20.7x
40th· Fair
EV/EBITDA
11.7x
11.7x
40th· Fair
Price/FCF
55.3x
39.0x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$115.40-27.3%
Base (Fair)$211.85+28.1%
Bull$341.48+115.1%
$115.40 Bear$211.85 Base$341.48 Bull
Current Market Price: $158.74
Trades at a 25.1% discount to Base DCF ($211.85)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$752M+9.3% YoY
Net income
$55M+17.4% YoY
Free cash flow
$19M-44.0% YoY
Operating margin
11.1%+0.8 pts YoY
ROIC (TTM)20.4%
Avg ROIC 5Y-
ROE (TTM)25.7%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$2.16+0.5%
vs $2.15
$211M+6.0%
vs $199M
Q2 2026
May 7, 2026
$1.99-1.5%
vs $2.02
$201M+3.7%
vs $194M
Q1 2026
Feb 26, 2026
$2.06+0.5%
vs $2.05
$197M+3.4%
vs $191M
Q4 2025
Oct 30, 2025
$2.06+14.4%
vs $1.80
$186M-2.4%
vs $191M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·6d ago
Charles River Associates (CRA) to Present at Upcoming Investor Conferences

BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that the Company will present at the following investor conferences. CRA Chairman and Chief Executive Officer Paul Maleh is scheduled to present at both events. Mr. Maleh, along with Eric Nierenberg, Chief Financial Officer, and Chad Holmes, Chief Corporate Development Officer, will be available for virtual meetings with inves.

Zacks Investment Research·Sep 16, 2026
Advisory Expertise & Specialized Talent Aid CRAI Amid Stiff Rivalry

Charles River benefits from rising advisory demand, a strong talent base and capital returns. Its competition and higher talent costs pressure margins.

Zacks Investment Research·Sep 1, 2026
Here's Why You Should Hold Charles River Stock in Your Portfolio Now

CRAI gains from strong advisory demand, a diverse client base and specialist talent, but rising costs and tight liquidity pose risks.

Defense World·Aug 31, 2026
Deutsche Bank AG Acquires New Position in Charles River Associates $CRAI

Deutsche Bank AG acquired a new position in shares of Charles River Associates (NASDAQ: CRAI) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,720 shares of the business services provider's stock, valued at approximately $1,099,000. Deutsche Bank AG

Filtered for CRA International, Inc.More Headlines
04

Compare before deciding

Benchmark CRAI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for CRA International, Inc. (CRAI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CRAI logoCRAICRA International, Inc.Current
$158.74$1.03B19.509.33%7.29%25.74%1.3%
HURN logoHURNHuron Consulting Group Inc.
$157.86$2.51B27.0314.34%6.38%25.53%—
FTI logoFTITechnipFMC plc
$70.82$28.24B30.799.37%11.29%35.02%—
EXPO logoEXPOExponent, Inc.
$66.22$3.21B31.994.21%17.67%31.48%—
FORR logoFORRForrester Research, Inc.
$11.75$228.09M-1.87-8.23%-11.17%-33.27%—
ICFI logoICFIICF International, Inc.
$83.58$1.51B16.88-7.27%4.86%8.57%—

Compare CRAI vs Peers

CRA International, Inc. (CRAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HURN

Most directly comparable listed peer for CRAI.

Scale Benchmark

vs ACN

Larger-name benchmark to compare CRAI against a more recognizable public peer.

Peer Set

Compare Top 5

vs HURN, FTI, EXPO, FORR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CRAI SEC Filings & Documents

CRA International, Inc. (CRAI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 22, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 20, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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CRAI Frequently Asked Questions

CRA International, Inc. (CRAI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is CRA International, Inc.'s revenue?

CRA International, Inc. (CRAI) reported $794.6M in revenue for fiscal year 2025. This represents a 1674% increase from $44.8M in 1997.

How fast is CRA International, Inc. growing?

CRA International, Inc. (CRAI) grew revenue by 9.3% over the past year. This is steady growth.

Is CRAI profitable?

Yes, CRA International, Inc. (CRAI) is profitable, generating $49.3M in net income for fiscal year 2025 (7.3% net margin).

Dividend & Returns
Does CRAI pay dividends?

Yes, CRA International, Inc. (CRAI) pays a dividend with a yield of 1.30%. This makes it attractive for income-focused investors.

What is CRAI's return on equity?

CRA International, Inc. (CRAI) has a return on equity (ROE) of 25.7%. This is excellent, indicating efficient use of shareholder capital.

What is CRA International, Inc.'s free cash flow?

CRA International, Inc. (CRAI) had negative free cash flow of $27.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CRAI back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →