Huron Consulting Group Announces Medium-Term Financial Goals Through 2029: Targets Include Low Double-Digit Annual Revenue Growth, 15%-17% EBITDA Margin, 75% EBITDA To Free Cash Flow Conversion, Balanced Capital Allocation, And Doubling EPS
Author: Benzinga Newsdesk | March 25, 2025 08:24am
Medium-Term Financial Goals
- In conjunction with today's announcement, the Company is providing detail on its capital allocation strategy, which balances growth, flexibility, and return of capital to shareholders. In addition, the Company is introducing financial goals through 2029 for the following:
- Revenue: Low double-digit annual revenues before reimbursable expenses (RBR) growth, primarily driven by mid-upper single digit organic growth;
- Adjusted EBITDA Margin(1): Expand adjusted EBITDA margin(1) to 15-17% by 2029;
- Free Cash Flow(1) and Capital Allocation: Annual conversion of 75% of annual adjusted EBITDA(1) to free cash flow(1) and balanced deployment of capital between strategic, tuck-in M&A and share repurchases; and
- Adjusted Diluted EPS(1): Double adjusted diluted EPS(1) by 2029.
Posted In: HURN