ICF International, Inc. (ICFI)
ICF International, Inc. provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The Company provides consulting and technology services across several key domains, such as strategy and public policy; energy and environmental sustainability; and climate resilience; digital transformation including information technology; modernization, cloud, cybersecurity, and data analytics; health and social programs including public health and education; international development and capacity building; disaster management and recovery planning; transportation, aviation, and infrastructure; and marketing and strategic communications. The company serves energy, environment, infrastructure, and disaster recovery; health and social programs; and security and other civilian and commercial markets; U.S. federal government departments and agencies, local government departments and agencies, international governments, and commercial clients. The company was formerly known as ICF Consulting Group Holdings, LLC and changed its name to ICF International, Inc. in 2006. ICF International, Inc. was founded in 1969 and is headquartered in Reston, Virginia.
- Symbol
- ICFI
- Exchange
- Nasdaq
- Sector
- Industrials
- Industry
- Consulting Services
- Market cap
- $1.50B
- 52 week range
- 58.83 - 98.03
Valuation
- Share price
- $83.68 (close of 2026-09-23)
- P/E (TTM)
- 17.23x
- Price to book
- 1.43x
- Price to free cash flow
- 7.55x
- Enterprise value
- $2.06B
- Book value per share
- $58.54
Price performance
| Period | Change |
|---|
| 1 day | -0.50% |
| 5 days | -5.78% |
| 1 month | -5.99% |
| 3 months | +23.77% |
| 6 months | +21.52% |
| Year to date | -1.90% |
| 1 year | -11.10% |
| 3 years | -30.90% |
| 5 years | -5.37% |
| 10 years | +86.00% |
| All time | +583.10% |
Profitability and growth
- Return on equity
- 8.91%
- Return on invested capital
- 7.84%
- Return on assets
- 4.47%
- Return on capital employed
- 8.84%
- Gross margin
- 37.16%
- Net margin
- 4.89%
- EBITDA margin
- 10.87%
- Revenue growth
- -7.27%
- Net income growth
- -16.87%
- Free cash flow growth
- -19.92%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 13.25%
- Current ratio
- 1.39x
- Net debt to EBITDA
- 2.86x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $1.87B
- Cost of revenue
- $1.18B
- Gross profit
- $696.02M
- EBITDA
- $203.61M
- Net income
- $91.59M
- Earnings per share
- $4.97
- Shares outstanding
- 18.41M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $1.87B | $696.02M | $91.59M | $4.97 |
| 2024-12-31 | $2.02B | $737.77M | $110.17M | $5.88 |
| 2023-12-31 | $1.96B | $698.22M | $82.61M | $4.39 |
| 2022-12-31 | $1.78B | $645.54M | $64.24M | $3.41 |
| 2021-12-31 | $1.55B | $573.48M | $71.13M | $3.77 |
| 2020-12-31 | $1.51B | $534.47M | $54.96M | $2.92 |
| 2019-12-31 | $1.48B | $525.34M | $68.94M | $3.66 |
| 2018-12-31 | $1.34B | $480.46M | $61.40M | $3.27 |
| 2017-12-31 | $1.23B | $457.44M | $62.88M | $3.35 |
| 2016-12-31 | $1.19B | $439.96M | $46.58M | $2.45 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 37.16% | 4.89% | 8.91% | 7.84% |
| 2024-12-31 | 36.53% | 5.45% | 11.21% | 8.73% |
| 2023-12-31 | 35.56% | 4.21% | 9.00% | 7.62% |
| 2022-12-31 | 36.27% | 3.61% | 7.53% | 5.50% |
| 2021-12-31 | 36.93% | 4.58% | 8.85% | 5.68% |
| 2020-12-31 | 35.47% | 3.65% | 7.36% | 5.85% |
| 2019-12-31 | 35.53% | 4.66% | 9.65% | 7.83% |
| 2018-12-31 | 35.91% | 4.59% | 9.30% | 8.34% |
| 2017-12-31 | 37.22% | 5.12% | 10.21% | 8.80% |
| 2016-12-31 | 37.12% | 3.93% | 8.23% | 6.70% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $5.30M | $401.36M |
| 2024-12-31 | $4.96M | $411.74M |
| 2023-12-31 | $6.36M | $404.41M |
| 2022-12-31 | $11.26M | $533.08M |
| 2021-12-31 | $8.25M | $411.61M |
| 2020-12-31 | $13.84M | $303.21M |
| 2019-12-31 | $6.48M | $164.26M |
| 2018-12-31 | $11.69M | $200.42M |
| 2017-12-31 | $11.81M | $206.25M |
| 2016-12-31 | $6.04M | $259.39M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $120.21M | $17.69M |
| 2024-12-31 | $150.11M | $16.72M |
| 2023-12-31 | $130.05M | $14.86M |
| 2022-12-31 | $137.73M | $13.17M |
| 2021-12-31 | $90.27M | $13.23M |
| 2020-12-31 | $155.46M | $17.55M |
| 2019-12-31 | $64.54M | $15.82M |
| 2018-12-31 | $52.86M | $11.51M |
| 2017-12-31 | $102.68M | $10.29M |
| 2016-12-31 | $66.27M | $9.08M |
Dividend history
- Most recent payment
- 2026-09-04
- Paid in the last twelve months
- $0.56
| Payment date | Dividend per share |
|---|
| 2026-09-04 | $0.14 |
| 2026-06-05 | $0.14 |
| 2026-03-27 | $0.14 |
| 2025-12-05 | $0.14 |
| 2025-09-05 | $0.14 |
| 2025-06-06 | $0.14 |
| 2025-03-28 | $0.14 |
| 2024-12-06 | $0.14 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-29
- Consensus EPS estimate
- $1.89
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-06 | Jun/2026 | $1.69 |
| 2026-05-07 | - | - |
| 2026-02-26 | - | - |
| 2025-10-30 | - | - |
| 2025-07-31 | - | - |
| 2025-05-01 | - | - |
| 2025-02-27 | - | - |
| 2024-10-31 | - | - |
Filings and sources
- Company website
- icf.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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