Exponent (EXPO) FY2024 results: revenue $559 million, up 4.1% on the year
Exponent Inc. (EXPO) reported revenue of $559 million for fiscal 2024, the year ended 3 January 2025, up 4.1% on the year before. Net income was $109 million, up 8.6%, and diluted earnings per share $2.11. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$559 million
+4.1% on the year
FY2017FY2024
Operating margin
21.4%
20.7% a year earlier
FY2017FY2024
Net income
$109 million
+8.6% on the year
FY2017FY2024
Diluted EPS
$2.11
+8.8% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
145
127
93.8
+13.5%
Capital expenditure
6.9
16.4
12.0
-57.6%
Free cash flow
138
111
81.8
+24.0%
Free cash flow margin
24.6%
20.7%
15.9%
Cash from investing
-6.9
-16.4
-12.0
Cash from financing
-65.1
-86.0
-216
Depreciation and amortisation
9.7
8.9
7.1
+8.7%
Share-based compensation
23.2
20.4
20.4
+14.2%
Buybacks
5.7
24.2
156
-76.4%
Dividends paid
56.8
52.7
49.1
+7.7%
Dividend per share
$1.12
$1.04
$0.96
+7.7%
Diluted shares, weighted
52m
52m
52m
-0.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
421
356
321
+18.2%
Debt
0.0
0.0
0.0
Operating lease liabilities
76.1
22.0
13.3
+246.5%
Other liabilities
280
269
253
+4.2%
Total liabilities and equity
777
647
587
+20.2%
Fixed assets
73.0
75.3
65.5
-3.1%
Goodwill
8.6
8.6
8.6
0.0%
Cash and equivalents
259
187
161
+38.3%
Receivables
161
167
170
-3.6%
Other assets
275
208
181
+32.2%
Total assets
777
647
587
+20.2%
10-K for the year ended 3 January 2025, filed 28 February 2025: the filing.