Is the business good?
How good a business is ICFI?
ICF International, Inc. earns 7.6% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
7.6%
Return on invested capital · cost of capital 9.0% · 1.4 points below what the capital costs: growth destroys value
- Operating margin
- 7.8%
Operating margin · Consulting Services median 10% · 12 months to Q1 2026
- Cash conversion
- 1.77×
Cash conversion · 1.18× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −1.4%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 5.9% |
| FY2021 | 7.1% |
| FY2022 | 6.1% |
| FY2023 | 6.7% |
| FY2024 | 8.2% |
| FY2025 | 7.8% |
Details›
- Gross margin12 months to Q1 2026
- 37%
- Operating margin12 months to Q1 2026
- 7.8%
- Net margin12 months to Q1 2026
- 4.7%
- Free cash flow margin
- 8.3%
- Revenue, trailing twelve months
- $1.82B
- Free cash flow, trailing twelve months
- $151M
- Net income, trailing twelve months
- $85M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 7.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Consulting Services
Ranks #6 of 6 by Smart Score