Slide 1: Investor Presentation Third Quarter 2012
Investor Presentation Third Quarter 2012 © Huron Consulting Group Inc. All Rights Reserved. Huron is a management consulting firm and not a CPA firm, and does not provide attest services, audits, or other engagements in accordance with standards established by the AICPA or auditing standards promulg
Slide 2: Forward-looking statements
Statements in this presentation, including the information incorporated by reference herein, that are not historical in nature, including those concerning the Company’s current expectations about its future requirements and needs, are “forward-looking” statements as defined in Section 21E of the Sec
Slide 3: Overview of Huron Consulting Group
Overview of Huron Consulting Group
Slide 4: Huron Consulting Group
Huron Consulting Group May 2002: Huron Founded with 200+ Employees Today: Approximately 2,000 Employees and 2011 Revenues of $600 Million Jim Roth Diane Ratekin Mark Hussey Chief Executive Officer EVP, General Counsel & EVP, Chief Financial & President Corporate Secretary Officer & Treasurer Gordon
Slide 5: Operating Segments
Operating Segments Health and Education Consulting 66% Legal Consulting Financial 30% Consulting 4% Note: Segment percentages are based on year-to-date 2012 revenue results. © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 5
Slide 6: Focused Approach to the Marketplace
Focused Approach to the Marketplace Focused services to meet client demands: Leading the way forward in Healthcare, Education, Legal, and Financial Consulting Healthcare Helping hospitals improve quality, increase revenues, reduce expenses and enhance patient/employee satisfaction. Higher Education
Slide 7: Huron Healthcare
Huron Healthcare YOUR MISSION | OUR SOLUTIONS © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 7
Slide 8: Healthcare Industry Dynamics
Healthcare Industry Dynamics Decelerating Price Growth Continuing Cost Pressure • Federal, state budget pressures • No sign of slower cost growth ahead constraining public payer price growth • Drivers of new cost growth largely • Payments subject to quality non-accretive • Commercial cost shifting S
Slide 9: Huron Education & Life Sciences
Huron Education & Life Sciences YOUR MISSION | OUR SOLUTIONS © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 9
Slide 10: Education & Life Sciences Industry Dynamics
Education & Life Sciences Industry Dynamics Era of Austerity: Emphasis on Compliance: University revenue sources are Clinical Research and Medical under pressure due to macro- Affairs issues will increase consulting economic trends. services regarding patient safety. The “Sunshine Legislation”: Fina
Slide 11: Huron Legal
Huron Legal DELIVERING VALUE | DRIVING RESULTS © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 11
Slide 12: Legal Industry Dynamics
Legal Industry Dynamics Litigation Growth Corporate Costs Outside litigation costs for Fortune Corporations are increasingly 200 firms grew 73% between 2000 sensitive about legal expenses. and 2008. Other Service Models Data Management Alternative service models have Corporations produce and retain
Slide 13: Financial Consulting
Financial Consulting Assisting companies, boards, investors and lenders identify and execute strategies that provides economic and strategic value. © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 13
Slide 14: Financial Consulting Services and Solutions
Financial Consulting Services and Solutions PROVEN TRACK RECORD OF SUCCESS MAXIMIZING VALUE Scalable Solutions Capital Advisory - Provide assistance evaluating strategic alternatives; advise on steps to enhance liquidity and assist with capital raise activities for capital investment, working capita
Slide 15: Promoting the Huron Brand
Promoting the Huron Brand © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 15
Slide 16: Financial Overview
Financial Overview
Slide 17: Growth Track Record – Revenues from Continuing Operations
Growth Track Record – Revenues from Continuing Operations (in millions) $700 $606.3 $600 28.5 $526.0 $515.7 $500 37.3 32.7 172.4 $443.3 $445.2 $430.2 114.8 27.2 16.8 $400 39.4 144.7 $314.6 120.8 133.5 121.4 $289.7 $283.3 $300 47.0 89.9 $200 373.9 405.4 338.3 269.4 295.3 294.9 $100 177.7 $0 2007 2008
Slide 18: Adjusted EBITDA and Adjusted EBITDA Margins
Adjusted EBITDA (in millions) and Adjusted EBITDA Margins $120 110.8 99.5 $100 87.2 82.8 $80 74.4 74.8 $60 18.3% 18.9% 41.7 16.9% $40 17.3% 18.7% 16.8% $20 13.2% $0 2007 2008 2009 2010 2011 9 Mos 9 Mos 2011 2012 View the Company’s Investor Relations Webcasts page on its web site for reconciliation o
Slide 19: Operating Metrics (from Continuing Operations)
Operating Metrics (from Continuing Operations) 9 Mos. 9 Mos. 2007 2008 2009 2010 2011 2011 2012 Number of Revenue-Generating 97 105 103 101 104 103 99 Managing Directors Number of Full-Time Billable 754 1,100 1,056 1,088 1,232 1,211 1,386 Consultants Full-Time Billable Consultant 74.2% 73.6% 72.4% 7
Slide 20: Huron Consulting Group
Huron CONSULTING GROUP Experience. Redefined.’