Each year, we report on several indicators (in U.S. dollars) that show progress toward achieving our financial-vitality goals. The trends this reveals can illustrate how our corporate responsibility programs contribute to our vitality over time.
Gross Revenue: Gross revenue is our total income from services. We continue to see strong financial returns from our work.
Net Revenue: Net revenue is billings from our services, excluding our expenses and bad-debt allowances. In line with our gross revenue, we continue to see growth.
Net Project Starts: Net project starts indicates the total revenue expected from projects that started in the reported year.
Employee Retention: Employee retention, while not a direct financial indicator, is associated with financial vitality. Our retention rate remains high. Thornton Tomasetti is focused on equity, diversity and inclusion, knowledge sharing and career-development, and advancement initiatives to keep our retention strong. In 2023, 95% of employees stated in a survey that they would recommend the firm as a great place to work.
