Feed / HURN

Huron Consulting Group Inc.

HURN

Industrials · 149.14 -0.4% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Huron Consulting Group Inc.'s current read is isolated; its market group is not confirming.

The latest filing evidence is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

What changed
  • Revenue increased 11.8% versus the comparable filing period.
  • Net margin fell 0.9 percentage points.
Company-0.4% todayVolume comparison unavailable
Market group0 of 17 activeNo Coherent Theme · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • Managed Services professionals increased 59.5% to 2,643 as of March 31, 2026, driven by hiring to support higher demand for services.
  • Net interest expense rose to $8.9M in Q1 2026, attributed primarily to higher borrowing under the senior secured credit facility.

Invalidation: The isolated read changes if HURN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Consulting Services

The latest filing evidence is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 11.8% versus the comparable filing period.
Evidence that challenges
  • Net margin fell 0.9 percentage points.
  • Operating cash flow covered only -6.98x net income.
What would clarify the read
  • Managed Services professionals increased 59.5% to 2,643 as of March 31, 2026, driven by hiring to support higher demand for services.
  • Net interest expense rose to $8.9M in Q1 2026, attributed primarily to higher borrowing under the senior secured credit facility.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements211
Verified relationships3
Evidence supporting the case
  • Latest annual revenue changed +11.7% year over year.
  • Operating cash flow covered net income at 1.84x in the latest annual period.
  • Credit and interest rates has repeated favorable evidence across 4 filings.
  • Demand and volume has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Net margin changed -1.5 percentage points in the latest annual period.
Questions before a position
  • P/E is 46% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 74% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

148.40
6m+10.0%12m+6.3%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$927.0M+6.4%$2.89-0.3%
2022-12-31$1.2B+25.0%$3.64-4.9%
2023-12-31$1.4B+20.7%$3.19-5.5%
2024-12-31$1.5B+8.8%$6.27-5.0%
2025-12-31$1.7B+11.7%$5.84-3.3%

What management says matters

Persistent and emerging business drivers

Credit and interest ratespositive · 4 filings
Other Income (Expense), Net Interest expense, net of interest income increased $3.2 million to $8.9 million in the first quarter of 2026 from $5.6 million in the first quarter of 2025, which was primarily attributable to higher levels of borrowing under our s…
10-Q · May 5, 2026
Demand and volumemixed · 4 filings
The increase in compensation costs reflects our investment to grow our talented team to meet increased market demand and is primarily attributable to a $29.6 million increase in salaries and related expenses, driven by recent acquisitions, hiring to support t…
10-Q · May 5, 2026
Restructuring and cost reductionsmixed · 4 filings
The increase in adjusted EBITDA was primarily attributable to the increase in segment operating income for all three of our segments, excluding segment depreciation and amortization and segment restructuring charges; partially offset by the increase in unallo…
10-Q · May 5, 2026
Legal and regulatory exposurenegative · 3 filings
The decrease in fair value in 2025 was driven by a decrease in the projected cash flows of Shorelight, which reflects the current federal regulatory environment in which Shorelight operates.
10-K · Feb 24, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.6× · EV/sales 1.8×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

149.14-0.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for HURN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

The latest filing shows material pressure

10-Q filed 2026-05-05 against the comparable filing from 2025-04-29.

cautious
OperationsmixedEvidence score +1
liquiditycautiousEvidence score -1
valuationmixed

What improved

  • Revenue increased 11.8% versus the comparable filing period.

What weakened

  • Net margin fell 0.9 percentage points.
  • Operating cash flow covered only -6.98x net income.

Filing receipts

Operating income and operating margin for each of our segments as well as unallocated corporate expenses were as follows: Segment Operating Income (in thousands, except operating margin percentages) Three Months Ended March 31, Increase / (Decrease) 2026 2025 Healthcare $ 63,953 28.4% $ 56,316 28.4% $ 7,637 Education $ 27,578 21.6% $ 23,060 18.8% $ 4,518 Commercial $ 14,896 16.4% $ 11,296 15.2% $ 3,600 Unallocated Corporate Expenses (in thousands) Unallocated corporate expenses $ 60,030 $ 52,371 $ 7,659 • Healthcare operating income increased $7.6 million, or 13.6%, primarily due to the increase in RBR, as well as a decrease in salaries and related expenses for our support personnel; partia...

Commercial operating margin increased to 16.4% from 15.2% primarily due to decreases in contractor expenses and salaries and related expenses for our support personnel, as well as revenue growth that outpaced the increase in performance bonus expense for our revenue-generating professionals; partially offset by an increase in salaries and related expenses for our revenue-generating professionals, as a percentage of RBR.

This decrease was primarily due to revenue growth that outpaced the increase in performance bonus expense for our revenue-generating professionals and the decreases in share-based compensation expense and contractor expenses; partially offset by an increase in salaries and related expenses for our revenue-generating professionals, as a percentage of RBR.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind HURN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

MSFTMicrosoft CorporationpartnerMay 5, 2026

For example, we are a Leading Modern Oracle Network Partner; a Summit-level consulting partner with Salesforce.com and a Premium Partner with Salesforce.org; a Workday Services, Preferred Channel, Extend, and Application Management Services Partner; a Microso…

AMZNAmazon.com, Inc.partnerMay 5, 2026

For example, we are a Leading Modern Oracle Network Partner; a Summit-level consulting partner with Salesforce.com and a Premium Partner with Salesforce.org; a Workday Services, Preferred Channel, Extend, and Application Management Services Partner; a Microso…

AXIAAXIA EnergiainvesteeJul 31, 2025

Through our acquisition of AXIA Consulting, we have also expanded our supply chain management (“SCM”) offerings and broadened our technology portfolio with advanced Microsoft capabilities, while strengthening Huron's ability to empower clients to align their…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HURN is currently a Participant in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for HURN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.