15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.8% per year over the past 5 years.
Net income has grown slower than revenue (5.1% vs 7.8% per year).
Operating margin has been roughly flat, at 20.6% in the latest year.
Free cash flow has grown 4.5% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 13 consecutive years, consuming 58.1% of earnings and 50.3% of free cash flow.
The dividend has grown 9.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$582M
$106M
0.0%
20.6%
27.2%
13.6%
$122M
—
$222M
2025
$559M
$109M
0.0%
21.4%
25.9%
14.0%
$138M
—
$259M
2023
$537M
$100M
0.0%
20.7%
28.2%
15.5%
$111M
—
$187M
2022
$513M
$102M
0.0%
27.4%
31.9%
17.4%
$82M
—
$161M
2021
$466M
$101M
0.0%
23.4%
24.3%
14.8%
$118M
—
$298M
2021
$400M
$83M
0.0%
20.8%
22.8%
14.2%
$98M
—
$198M
2020
$417M
$82M
0.0%
20.4%
23.5%
14.6%
$85M
—
$176M
2018
$380M
$72M
0.0%
24.1%
23.0%
15.4%
$75M
—
$127M
2017
$348M
$41M
0.0%
20.7%
14.3%
9.4%
$63M
—
$125M
2016
—
$47M
—
—
17.4%
11.8%
$53M
—
$115M
2016
—
$44M
—
—
16.6%
11.3%
$55M
—
$126M
2015
—
$41M
—
—
16.7%
11.1%
—
—
$129M
2014
—
$39M
—
—
16.4%
11.2%
—
—
$123M
2012
—
$37M
—
—
17.2%
11.8%
$44M
—
$113M
2011
—
$33M
—
—
17.5%
12.2%
$43M
—
$84M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Apr '26
$166M
$30M
0.0%
24.9%
8.7%
4.3%
-$3M
—
$119M
Jan '26
$147M
$25M
0.0%
19.8%
6.3%
3.2%
$53M
—
$222M
Oct '25
$147M
$28M
0.0%
19.7%
7.0%
3.7%
$30M
—
$207M
Jul '25
$142M
$27M
0.0%
12.1%
6.2%
3.5%
$34M
—
$232M
Apr '25
$146M
$27M
0.0%
30.5%
6.0%
3.5%
$6M
—
$245M
Jan '25
$137M
$24M
0.0%
19.9%
5.6%
3.0%
$53M
—
$259M
Sep '24
$136M
$26M
0.0%
19.0%
6.3%
3.5%
$28M
—
$220M
Jun '24
$141M
$29M
0.0%
25.4%
7.4%
4.1%
$47M
—
$203M
Mar '24
$145M
$30M
0.0%
21.2%
8.1%
4.8%
$9M
—
$169M
Dec '23
$123M
$21M
0.0%
15.0%
5.9%
3.2%
$69M
—
$187M
Sep '23
$133M
$25M
0.0%
25.4%
6.9%
4.1%
$19M
—
$137M
Jun '23
$140M
$26M
0.0%
21.3%
7.2%
4.3%
$35M
—
$148M
Mar '23
$140M
$29M
0.0%
20.8%
8.5%
5.1%
-$12M
—
$126M
Dec '22
$127M
$23M
0.0%
17.3%
7.0%
3.8%
$38M
—
$161M
Sep '22
$127M
$24M
0.0%
28.9%
7.6%
4.4%
$26M
—
$148M
Jul '22
$130M
$26M
0.0%
34.8%
7.6%
4.5%
$27M
—
$166M
Apr '22
$128M
$30M
0.0%
28.6%
7.7%
4.8%
-$9M
—
$215M
Dec '21
$114M
$20M
0.0%
20.6%
4.9%
3.0%
$53M
—
$298M
Oct '21
$116M
$25M
0.0%
27.6%
6.1%
3.8%
$24M
—
$230M
Jul '21
$120M
$25M
0.0%
24.5%
6.6%
4.1%
$42M
—
$240M
Valuation over time
How the market has priced EXPO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 46.3× (Mar '23) to 38.8× (Nov '26).
The price-to-sales ratio has fallen from 9.2× (Mar '23) to 7.1× (Nov '26).
The dividend yield has risen from 1.0% (Mar '23) to 1.5% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is EXPO growing its revenue and profit?
Over the past 5 years, Exponent Inc's revenue has grown 7.8% per year, and net income grown 5.1% per year. These are computed facts, not advice.
How much debt does EXPO have?
As of FY2026, Exponent Inc reported — of total debt against $222M of cash.
What is EXPO's profit margin?
In FY2026, gross margin was —, operating margin 20.6%, and net margin 18.2%.
What is EXPO's P/E ratio?
Exponent Inc's P/E (TTM) is 36.83 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the EXPO stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 38.8× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.