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CRA International (FRA:CR2) Return-on-Tangible-Equity : 49.41% (As of Mar. 2024)


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What is CRA International Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. CRA International's annualized net income for the quarter that ended in Mar. 2024 was €50.4 Mil. CRA International's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €102.0 Mil. Therefore, CRA International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 49.41%.

The historical rank and industry rank for CRA International's Return-on-Tangible-Equity or its related term are showing as below:

FRA:CR2' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.93   Med: 20.97   Max: 41.2
Current: 41.2

During the past 13 years, CRA International's highest Return-on-Tangible-Equity was 41.20%. The lowest was 5.93%. And the median was 20.97%.

FRA:CR2's Return-on-Tangible-Equity is ranked better than
80.58% of 1004 companies
in the Business Services industry
Industry Median: 11.86 vs FRA:CR2: 41.20

CRA International Return-on-Tangible-Equity Historical Data

The historical data trend for CRA International's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

CRA International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.66 21.57 38.02 40.52 34.39

CRA International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 34.67 38.59 33.31 41.63 49.41

Competitive Comparison of CRA International's Return-on-Tangible-Equity

For the Consulting Services subindustry, CRA International's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CRA International's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CRA International's Return-on-Tangible-Equity falls into.



CRA International Return-on-Tangible-Equity Calculation

CRA International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=35.287/( (103.504+101.71 )/ 2 )
=35.287/102.607
=34.39 %

CRA International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=50.384/( (101.71+102.248)/ 2 )
=50.384/101.979
=49.41 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CRA International  (FRA:CR2) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


CRA International Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of CRA International's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


CRA International (FRA:CR2) 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 almost all its revenue from the United States and the United Kingdom.

CRA International (FRA:CR2) Headlines

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