Record Revenue and Growth
The fourth quarter of 2024 produced record revenues before reimbursable expenses (RBR) with a 14.5% increase, and the full year RBR grew by 9.1% over 2023. The company achieved high single-digit or better RBR growth for the fourth consecutive year.
Strong Performance in Healthcare Segment
The Healthcare segment achieved record RBR of $756 million, growing 12% over 2023. The segment posted an 18% growth in the fourth quarter, driven by strong demand across various offerings.
Education Segment Growth
Education segment RBR increased 10.4% year-over-year to a record $474.2 million, with strong demand for digital, strategy, and operations offerings.
Successful Capital Return
Huron returned over $122 million of capital to shareholders via share repurchases, and the stock price increased by 21% in 2024.
Improved Adjusted EBITDA Margins
Adjusted EBITDA as a percentage of RBR increased by 120 basis points to 13.5% in 2024, marking the fourth consecutive year of expanded margins.