RVBA-HURNConsulting

Huron Consulting — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (2/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news

No ESG-relevant news ingested yet for this company. Run python -m pipeline.news_gdelt to backfill. Sourced from GDELT 2.0 (3-month trailing window).

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2025

P&L highlights (USD)

Headcount (FTE)	3,500people
Revenue	1.7B
Cost of revenue	(1.2B)
Gross profit	508.8M
Operating expenses (S&M + G&A)	(309.5M)
Operating income	199.3M
Net income	105M

Balance sheet highlights (USD)

Property, plant & equipment	43.5M
Right-of-use (leased) assets	19.2M
Total assets	1.5B
Total debt	524M
Cash & equivalents	24.5M
Minority interest	0

Market & shares

Market cap (FY-end)	3B
Shares outstanding	17.4M

2024

P&L highlights (USD)

Headcount (FTE)	2,650people
Revenue	1.5B
Cost of revenue	(1B)
Gross profit	476M
Operating expenses (S&M + G&A)	(307.2M)
Operating income	168.8M
Net income	116.6M

Balance sheet highlights (USD)

Property, plant & equipment	40.9M
Right-of-use (leased) assets	24.1M
Total assets	1.3B
Total debt	368.9M
Cash & equivalents	21.9M
Minority interest	0

Market & shares

Market cap (FY-end)	2.2B
Shares outstanding	17.9M

2023

sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	540
Scope 2 (market-based)	1,030
Scope 3	8,686
Cat 6 · Business travel	8,686
Gross carbon footprint	10,256
Net carbon footprint	10,256

P&L highlights (USD)

Headcount (FTE)	6,480people
Revenue	1.4B
Cost of revenue	(942.7M)
Gross profit	419.4M
Operating expenses (S&M + G&A)	(294M)
Operating income	125.3M
Net income	62.5M

Balance sheet highlights (USD)

Property, plant & equipment	47.9M
Right-of-use (leased) assets	30.3M
Total assets	1.3B
Total debt	335M
Cash & equivalents	12.1M
Minority interest	0

Market & shares

Market cap (FY-end)	1.9B
Shares outstanding	18.8M

Events 2023· 4

Scope 3 limited to business travel only

Huron's reported Scope 3 covers only air and non-air business travel; other Scope 3 categories (purchased goods, employee commuting, etc.) are not calculated. Activity data is largely estimated/extrapolated rather than fully measured.

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Revised train travel emissions methodology (rail passenger-miles, EPA factors)

In 2023, Huron revised its methodology for calculating train travel emissions, updating from rail miles (2022) to rail passenger-miles using updated EPA emission factors. 2022 figures were not restated; if restated, 2022 Scope 3 would have been ~13% lower.

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Annual neutralization target for Scope 1 and Scope 2 emissions via Climate Vault

Huron has a forward-looking target to neutralize Scope 1 and Scope 2 GHG emissions on an annual basis through collaboration with Climate Vault. Beginning in 2023, Huron neutralized its 2022 Scope 1 and Scope 2 emissions via Climate Vault.

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Workforce expansion >70% since 2020 driving emissions growth

From 2020 to 2023, revenue grew at 17% CAGR and workforce expanded over 70%. Scope 1, 2, and 3 emissions all increased from 2022 to 2023 due to higher electricity usage and expanded business travel.

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2022

annual report ↗

Climate · carbon footprint (tCO2e)

Scope 1	539
Scope 2 (market-based)	740
Scope 3	7,551
Cat 6 · Business travel	7,551
Gross carbon footprint	8,829
Net carbon footprint	8,829

P&L highlights (USD)

Headcount (FTE)	5,660people
Revenue	1.1B
Cost of revenue	(785.9M)
Gross profit	346.6M
Operating expenses (S&M + G&A)	(246.8M)
Operating income	99.8M
Net income	75.6M

Balance sheet highlights (USD)

Property, plant & equipment	56.4M
Right-of-use (leased) assets	35.3M
Total assets	1.2B
Total debt	300.5M
Cash & equivalents	11.8M
Minority interest	0

Market & shares

Market cap (FY-end)	1.5B
Shares outstanding	20.2M

Events 2022· 5

Plans to establish carbon-reduction targets in 2023

Huron stated that in 2023 it will be establishing carbon-reduction targets to continue progress on reducing emissions. As of the 2022 report, no specific quantitative reduction target or net-zero year had been set.

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Air business travel data coverage expanded via extrapolation

Actual air business travel activity data covered 49% in 2019, 62% in 2020, 66% in 2021, and 70% in 2022; remainder is extrapolated. Coverage of actual data has improved year-over-year, but reliance on activity-data estimations continues.

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Continued reliance on activity-data estimations for GHG calculations

GHG calculations rely on activity data estimations (e.g., stationary combustion estimated from office square footage and EIA averages; purchased electricity extrapolated from the Chicago HQ). Limits comparability and accuracy.

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Train travel added to Scope 3 in 2022

Huron first reported train travel emissions in 2022, expanding non-air business travel coverage within Scope 3.

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Mobile combustion source (corporate aircraft) divested

Sources of Huron's mobile combustion emissions (the private jet) were liquidated from the company's holdings; Huron had no mobile combustion emissions in 2022. Prior to 2022, Scope 1 included fuel usage from two company-owned aircraft.

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2021

annual report ↗

Climate · carbon footprint (tCO2e)

Scope 1	994
Scope 2 (market-based)	427
Scope 3	3,409
Cat 6 · Business travel	3,409
Gross carbon footprint	4,829
Net carbon footprint	4,829

P&L highlights (USD)

Headcount (FTE)	4,609people
Revenue	905.6M
Cost of revenue	(636.8M)
Gross profit	268.9M
Operating expenses (S&M + G&A)	(216M)
Operating income	52.8M
Net income	63M

Balance sheet highlights (USD)

Property, plant & equipment	66.3M
Right-of-use (leased) assets	39.4M
Total assets	1.1B
Total debt	242.9M
Cash & equivalents	20.8M
Minority interest	0

Market & shares

Market cap (FY-end)	1.1B
Shares outstanding	21.4M

Events 2021· 5

Migration from data centers to cloud

Moved 3,000 server workloads and over 2 petabytes of data storage from a private data center to the cloud in 2021.

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Scope 3 limited to business travel only

Scope 3 calculations cover only air and non-air business travel; not exhaustive of all emissions-producing activities. Other Scope 3 categories (purchased goods, employee commuting, etc.) not yet measured.

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First-time GHG emissions baseline calculation

In 2021, Huron engaged AccountAbility to calculate baseline GHG emissions for 2019 and 2020 — first time assessing environmental impact. Calculations heavily reliant on activity data estimations due to data availability constraints.

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26% reduction in office footprint since 2019

Huron reduced its office footprint by 26% since 2019 through hybrid in-office and remote work approach, contributing to lower energy consumption.

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ESG goals embedded in executive compensation

In 2021, the strategic measures used to determine the annual incentive compensation of the Executive Leadership Team were enhanced to include ESG goals.

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2020

Climate · carbon footprint (tCO2e)

Scope 1	771
Scope 2 (market-based)	552
Scope 3	5,214
Cat 6 · Business travel	5,214
Gross carbon footprint	6,538
Net carbon footprint	6,538

P&L highlights (USD)

Headcount (FTE)	3,807people
Revenue	844.1M
Cost of revenue	(592.4M)
Gross profit	251.7M
Operating expenses (S&M + G&A)	(280.6M)
Operating income	-28.9M
Net income	-23.7M

Balance sheet highlights (USD)

Property, plant & equipment	68.5M
Right-of-use (leased) assets	55M
Total assets	1.1B
Total debt	212.1M
Cash & equivalents	67.2M
Minority interest	0

Market & shares

Market cap (FY-end)	1.3B
Shares outstanding	21.9M