ICLRICON Public Limited Company

$164.17-5.6% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.

1 good, 1 to watch, 1 without data
What the price assumes~+1% a yearderived · Jun 30, 2026

Priced for ~1% a year FCF growth. The price bakes in little to no growth.

Vs its own P/E rangedearer than 88% of its own historyderived

Expensive vs its own history: P/E 51.7 vs a 29.2 median over 40 quarters (+77% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What ICLR's price assumes

ICON Public Limited Company trades at 316× earnings against 35.2× for the median Diagnostics & Research name, more expensive than its own group.

316

Trailing P/E · Diagnostics & Research median 35.2 · 8.98× the median: the market pays up for this one

Price / sales
1.50

Price / sales · as of 2026-Q2

Free cash flow yield
7.2%

Free cash flow yield · Diagnostics & Research median 3.7%

Growth the price implies
+0.86%

Growth the price implies · The price pays for +0.86% free cash flow growth a year for a decade; the business has delivered +32% a year over the last three.

Details›
Price / bookas of 2026-Q2
1.33
EV / EBITas of 2026-Q2
50.3
EV / salesas of 2026-Q2
1.80
Healthcare median P/E509 names
26.2
Diagnostics & Research median P/E33 names
35.2
Free cash flow, trailing twelve months
$884M
Market capitalisation
$12.3B
3-year revenue growth
+1.7%
3-year free cash flow growth
+32%
What the market has paid for these earnings: 40 quarters of its own multiple × $0.52 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$11.48
Its own P/E history, median$15.18
Its own P/E history, upper quartile$21.67
52-week range$80.08 – $202.92
Today$164.17

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.