£474m (+6.6%)
FY2022/23: $445m
We're a global engineering and consulting business for sustainable environment, energy, transport and infrastructure solutions at the centre of the global response to some of the world’s biggest challenges.
With clients in nearly every country around the world, our c.3000 employee team based in over 23 countries, helps secure our reputation for delivering ideas and innovation that shape the world.
At Ricardo, we deliver world-changing innovation and ideas.
With more than a century of engineering experience in improving transport efficiency and over 60 years of leading expertise in delivering environmental and energy solutions. Today, our consulting services and engineering solutions are helping overcome some of the world’s most complex strategic and operational challenges.
We’re taking big leaps to achieve our ambition of becoming world-leading strategy and engineering consultancy in environmental and energy transition solutions, and are on course to double our underlying operating profit over the five years to FY 2026/27.
We have more than 3,000 colleagues working globally and supporting over 2,500 projects at any one time to help our clients in every sector achieve their ambitions.
We report our business's performance into two key portfolios:
Environmental and energy transitions portfolio - we deliver technical engineering and environmental consulting services that enable the energy transition. Our operating segments within this portfolio are Energy and Environment, Rail, and Emerging Automotive and Industrial.
Established mobility portfolio - we deliver conventional propulsion and systems engineering services, with niche manufacturing capability. Our operating segments within this portfolio are Defense, Performance Products and Established Automotive and Industrial.
Our brokers and advisors support us in developing our business at all levels.