Huron Consulting Group Inc. · NASDAQ:HURN
Huron Consulting — Sidoti & Company Fall 2020 Investor Conference
17 slides from Huron Consulting's conference presentation, Sep 23, 2020
Slide 1: Investor Presentation
INVESTOR PRESENTATION Sidoti & Company Fall 2020 Investor Conference September 23, 2020
Slide 2: Forward-looking Statements
Forward-looking Statements Statements in this presentation that are not historical in nature, including those concerning the company’s current expectations about its future results, are “forward-looking” statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the
Slide 3: Trusted Advisor For Transformative Strategic Decisions And Execution
Trusted Advisor For Transformative Strategic Decisions And Execution FORMED IN 2002 With approximately 200 More than 3,800 2019 revenue of $877 million professionals professionals with leading expertise We are a global consultancy that helps our clients drive growth, enhance performance and sustain
Slide 4: Focused on serving industries facing significant disruption
Focused Operating Segment Mix on serving industries facing Education 28% significant Healthcare 41% disruption Business and/or Advisory regulatory 31% change Segment percentages are based on year-to-date June 2020 revenue results. 4 7
Slide 5: Strategic Priorities To Drive Shareholder Value
Strategic Priorities To Drive Shareholder Value ACHIEVE SUSTAINABLE DRIVE MARGIN DEPLOY CAPITAL INVEST IN OUR ORGANIC GROWTH EXPANSION STRATEGICALLY PEOPLE 5 9
Slide 6: Demonstrated Momentum
Execution of our organic growth strategy and disruption taking place in our core markets has positioned Huron for sustainable growth Demonstrated Momentum ----------------------------------------------------------------------------------------------------------------------------- -------------------
Slide 7: Significant disruption facing our clients creates opportunities for long term growth
After the near-term impact of COVID-19 subsides, significant disruption facing our clients and end markets creates opportunities for long term growth Healthcare Education Strategy Technology Operations Financial pressures on U.S. The changes required for The disruption and volatility The digital tra
Slide 8: Appendix
A APPENDIX
Slide 9: Revenue trend
Revenue trend Revenues from Continuing Operations (in millions) $1,000 $900 $877 $800 $795 $700 $726 $733 $699 $600 $500 $400 $300 $200 $100 $- 2015 2016 2017 2018 2019 9
Slide 10: Adjusted EBITDA trend
Adjusted EBITDA trend Adjusted EBITDA (in millions) and Adjusted EBITDA Margins from Continuing Operations $160 $140 $139 $120 $130 $100 $105 $105 $80 $91 $60 $40 $20 19.9% 17.9% 14.3% 11.4% 12.0% $- 2015 2016 2017 2018 2019 + See accompanying appendix for a reconciliation of Adjusted EBITDA and Adj
Slide 11: Adjusted EPS trend
Adjusted EPS trend Adjusted Diluted Earnings per Share from Continuing Operations $3.50 $3.00 $3.21 $2.99 $2.50 $2.74 $2.00 $2.15 $2.08 $1.50 $1.00 $0.50 $- 2015 2016 2017 2018 2019 + See accompanying appendix for a reconciliation of Adjusted Diluted Earnings per Share, which is a non-GAAP measure,
Slide 12: Free Cash Flow Per Share & Free Cash Flow Yield
Free Cash Flow Per Share & Free Cash Flow Yield $7.00 30.00% $6.61 $6.00 25.00% $5.00 $5.38 $4.83 20.00% $4.00 $3.93 15.00% $3.00 $3.49 11.1% 10.00% $2.00 10.6% 8.6% 7.7% 7.0% $1.00 5.00% $- 0.00% 2015 2016 2017 2018 2019 Free cash flow is defined as cash from operations minus capital expenditures.
Slide 13: Reconciliations of Non-GAAP Measures to Comparable GAAP Measures
RECONCILIATIONS OF NON- GAAP MEASURES TO COMPARABLE GAAP MEASURES
Slide 14: Reconciliations Of Non-GAAP Measures To Comparable GAAP Measures
Reconciliations Of Non-GAAP Measures To Comparable GAAP Measures In evaluating the company’s financial performance and outlook, management uses EBITDA, adjusted EBITDA, adjusted EBITDA as a percentage of revenues, adjusted net income from continuing operations, adjusted diluted earnings per share fr
Slide 15: Reconciliations of non-GAAP measures
Reconciliations of non-GAAP measures Reconciliation of net income (loss) from continuing operations to adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) (in millions) 2015 2016 2017 2018 2019 Revenues $ 699 $ 726 $ 733 $ 795 $ 877 Net income (loss) from continuing oper
Slide 16: Reconciliations of non-GAAP measures
Reconciliations of non-GAAP measures Reconciliation of net income (loss) from continuing operations to adjusted net income from continuing operations (in millions, except earnings per share) 2015 2016 2017 2018 2019 Net income (loss) from continuing operations $ 62 $ 40 $ (171) $ 14 $ 42 Weighted av
Slide 17: Reconciliations of non-GAAP measures
Reconciliations of non-GAAP measures Reconciliation of cash from operating activities to free cash flow (in millions) 2015 2016 2017 2018 2019 Cash from operating activities $ 168 $ 129 $ 100 $ 102 $ 132 Less: Capital expenditures (19) (14) (25) (15) (23) Free cash flow $ 149 $ 115 $ 75 $ 87 $ 109 W
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