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May 2018
Management Consulting
Sectorwatch
2018 is expected to be an exciting year for the major players (The Hackett Group, Huron Consulting, CBIZ, McKinsey & Co. and Ernst & Young) in the the management consulting industry. Digital transformation, technological disruption and cultural shifts will also influence the way the industry evolves.
Industry Trends:
- Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
- Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation
