Huron Consulting Group (HURN) Investor presentation summary

Strategic positioning and market focus

• Operates as a global professional services firm with deep industry and technical expertise, focusing on healthcare, education, and commercial sectors facing disruption and regulatory change.

• 2025 revenues before reimbursable expenses (RBR) reached $1.66B, with healthcare contributing 50%, education 30%, and commercial 20%.

• Digital capabilities accounted for 41% of 2025 RBR, with 87% of digital RBR from technology services.

• Maintains leading market positions in healthcare and education, while expanding commercial and digital offerings.

• Recognized for a collaborative culture and talent, earning multiple industry and workplace awards.

Growth strategy and financial targets

• Pursues a balanced growth strategy: organic hiring, programmatic M&A, and AI-driven innovation.

• Medium-term goals include low double-digit annual RBR growth, adjusted EBITDA margin expansion to 15-17% by 2029, and doubling adjusted diluted EPS from 2024 to 2029.

• Targets 75% conversion of adjusted EBITDA to free cash flow.

• Capital allocation split evenly between M&A and shareholder returns, with a target leverage ratio of 2.0x-2.5x.

Segment performance and market dynamics

• Healthcare segment RBR grew 11% YoY (2025), with a 19% CAGR from 2022-2025 in consulting and managed services.

• Education segment RBR grew 6% YoY, with a 10% CAGR in consulting and managed services and 13% in digital.

• Commercial segment RBR grew 27% YoY, with a 7% CAGR in consulting and managed services and 13% in digital.

• Each segment faces unique regulatory, technological, and operational challenges, with AI and automation as key growth drivers.