Is it safe?
Can ICLR take a bad year?
ICON Public Limited Company carries $2.63B of net debt at 3.43× EBITDA: a load its earnings can carry.
$2.63B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.43×
Net debt / EBITDA · 1.99× a year ago · the load is going up
- Debt / equity
- 0.36×
Debt / equity
- Annualised volatility
- 59%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ1 2026
- $3.40B
- Cash and short-term investments
- $765M
- Net debt
- $2.63B
- EBITDA, trailing twelve months
- $767M
- Operating profit, trailing twelve months
- $390M
- Debt / equity
- 0.36×
- Total debt / EBITDA
- 4.43×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −77%
- Below its 52-week high
- −17%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Diagnostics & Research
Ranks #25 of 29 by Smart Score