15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.4% per year over the past 5 years.
Net income has grown faster than revenue (10.9% vs 4.4% per year).
Operating margin has expanded, at 7.8% in the latest year.
Free cash flow has declined 5.0% per year over the past 5 years.
Financial health
Total debt ($401M) exceeds cash ($5M); net debt is $396M.
Total debt has grown in line with revenue (5.1% vs 4.4% per year).
Operating income covered interest expense 4.7× in the latest year.
Total debt is 2.0× EBITDA.
Shareholder returns
Dividends have been paid for 8 consecutive years, consuming 11.3% of earnings and 8.6% of free cash flow.
The dividend has declined 0.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$1.9B
$92M
37.2%
7.8%
$120M
$401M
$5M
2024
$2.0B
$110M
36.5%
8.2%
$150M
$412M
$5M
2023
$2.0B
$83M
35.6%
6.7%
$130M
$430M
$6M
2022
$1.8B
$64M
36.3%
6.1%
$138M
$556M
$11M
2021
$1.6B
$71M
36.9%
7.1%
$90M
$422M
$8M
2020
$1.5B
$55M
35.5%
5.9%
$155M
$313M
$14M
2019
$1.5B
$69M
35.5%
6.9%
$65M
$164M
$6M
2018
$1.3B
$61M
35.9%
6.9%
$53M
$200M
$12M
2017
$1.2B
$63M
37.2%
6.7%
$103M
$206M
$12M
2016
$1.2B
$47M
37.1%
7.0%
$66M
$259M
$6M
2015
—
$39M
—
—
$64M
$312M
$8M
2014
—
$40M
—
—
$69M
$350M
$12M
2013
—
$39M
—
—
$69M
$40M
$9M
2012
—
$38M
—
—
$74M
$105M
$15M
2011
—
$35M
—
—
$49M
$145M
$4M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$438M
$21M
38.1%
8.0%
-$6M
$439M
$4M
Dec '25
$444M
$17M
35.7%
6.5%
$69M
$401M
$5M
Sep '25
$465M
$24M
37.6%
8.3%
$42M
$449M
$4M
Jun '25
$476M
$24M
37.3%
8.4%
$46M
$462M
$7M
Mar '25
$488M
$27M
38.0%
7.9%
-$36M
$502M
$6M
Dec '24
$496M
$25M
36.1%
7.3%
$89M
$412M
$5M
Sep '24
$517M
$33M
37.1%
8.9%
$20M
$419M
$7M
Jun '24
$512M
$26M
35.7%
8.3%
$55M
$434M
$4M
Mar '24
$494M
$27M
37.2%
8.3%
-$15M
$475M
$4M
Dec '23
$478M
$22M
36.5%
7.7%
$102M
$430M
$6M
Sep '23
$502M
$24M
35.5%
6.4%
$21M
$534M
$5M
Jun '23
$500M
$20M
34.9%
6.4%
$30M
$602M
$7M
Mar '23
$483M
$16M
35.3%
6.5%
-$23M
$598M
$5M
Dec '22
$476M
$9M
36.9%
4.8%
$148M
$556M
$11M
Sep '22
$468M
$19M
34.3%
6.0%
-$6M
$702M
$8M
Jun '22
$423M
$18M
36.4%
7.0%
$9M
$450M
$6M
Mar '22
$413M
$18M
37.6%
6.7%
-$14M
$460M
$7M
Dec '21
$388M
$12M
36.4%
4.8%
$38M
$422M
$8M
Sep '21
$394M
$20M
35.5%
8.2%
$54M
$280M
$8M
Jun '21
$393M
$20M
37.2%
8.1%
-$3M
$332M
$10M
Valuation over time
How the market has priced ICFI 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 31.0× (Mar '23) to 12.8× (Jun '26).
The price-to-sales ratio has fallen from 1.1× (Mar '23) to 0.6× (Jun '26).
The dividend yield has risen from 0.5% (Mar '23) to 0.9% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is ICFI growing its revenue and profit?
Over the past 5 years, Icf International, Inc.'s revenue has grown 4.4% per year, and net income grown 10.9% per year. These are computed facts, not advice.
How much debt does ICFI have?
As of FY2025, Icf International, Inc. reported $401M of total debt against $5M of cash; operating income covered interest expense 4.7×.
What is ICFI's profit margin?
In FY2025, gross margin was 37.2%, operating margin 7.8%, and net margin 4.9%.
What is ICFI's P/E ratio?
As of Jun '26, Icf International, Inc. traded at a price-to-earnings ratio of about 12.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.