ICON Public Limited Company logo ICLR - ICON Public Limited Company

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 17
HOLD 12
SELL 1
STRONG
SELL
0
| PRICE TARGET: $148.89 DETAILS
HIGH: $222.00
LOW: $100.00
MEDIAN: $125.00
CONSENSUS: $148.89
UPSIDE: 27.50%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue
Revenue 8,281.7 8,120.2 7,741.4 5,480.8 2,797.3 2,805.8 2,595.8 1,758.4 1,666.5 1,575.0 1,503.3 1,336.1 1,115.0 945.7 900.0 887.6 865.2 630.7 455.6 346.2 326.7 296.9 225.7 156.6 116.2 80.8 55.8 42.1
Cost of Revenue 5,845.3 5,719.9 5,527.0 3,972.6 1,989.3 1,974.1 1,826.3 1,031.5 961.3 909.0 903.2 845.4 718.1 611.9 541.4 507.8 489.2 354.5 256.3 220.0 162.6 162.6 122.4 83.4 63.8 42.0 29.3 0
Gross Profit 2,436.4 2,400.2 2,214.3 1,508.2 808.0 831.7 769.5 727.0 705.2 666.0 600.1 490.6 396.9 333.8 358.7 379.8 376.0 276.2 199.3 126.2 134.4 134.4 103.4 73.2 52.4 38.7 26.5 42.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 728.3 776.4 778.8 585.3 341.7 336.7 325.8 323.7 325.7 326.8 336.5 313.9 280.8 255.9 232.7 230.9 248.8 188.0 136.6 0 88.8 88.8 71.1 49.0 36.3 27.3 18 0
Other Expenses 610.2 667.7 640.4 544.4 74.4 61.5 66.6 69.0 67.7 57.7 61.3 55.5 48.5 38.7 33.9 41.5 27.7 19.0 14.9 106.4 11.2 11.2 7.3 6.0 5.0 3.2 2 0
Operating Expenses 1,338.5 1,444.1 1,419.1 1,129.7 416.1 398.3 392.4 392.8 393.5 384.5 397.8 369.5 329.2 294.5 266.6 272.4 276.5 207.0 151.5 106.4 100.0 100.0 78.4 55.0 41.3 30.6 20 0
Operating Income
Operating Income 1,097.8 956.2 795.2 378.5 391.5 433.4 373.4 338.3 311.7 281.5 202.3 121.2 72.4 39.3 92.1 107.5 99.5 69.2 47.8 19.8 18.6 34.4 24.9 18.2 11.1 8.1 7.0 42.1
Interest Expense 237.2 336.7 229.7 182.4 13.0 13.3 13.5 12.6 13.0 4.0 0.8 1.3 1.9 1.6 1.1 3.5 4.1 1.4 0.1 0.0 0.3 0.2 0 0 0 0.6 0 0
Interest Income 8.6 5.0 2.3 0.6 2.7 6.9 4.8 2.3 1.5 1.3 1.2 1.0 1.2 1.2 1.8 0.8 2.9 4.1 3.8 2.2 0 0.5 0 0 0 0 0 0
Profitability
EBITDA 1,563.9 1,521.4 1,412.3 739.4 488.8 532.2 451.8 401.9 379.4 339.2 263.7 168.7 111.1 69.3 127.7 140.9 130.1 88.2 62.8 28.1 31.9 45.6 32.2 24.2 16.1 11.4 9.0 42.1
EBIT 1,075.4 935.5 797.6 379.1 394.2 440.3 378.1 340.7 319.9 281.5 211.1 122.2 68.3 30.6 93.9 108.2 102.4 69.2 47.8 14.2 18.6 34.4 24.9 18.2 11.1 8.1 7.0 42.1
Income Before Tax 869.2 624.1 564.7 194.5 380.8 427.0 368.4 327.7 300.2 278.9 202.7 120.9 67.2 29.0 92.7 104.7 98.3 72.0 51.5 22.0 19.6 34.7 25.3 19.3 13.6 9.2 9.6 0
Income Tax Expense 77.7 11.7 59.4 41.3 47.9 51.1 45.6 46.6 38.0 39.3 30.2 18.1 11.8 6.1 5.7 10.4 20.0 15.8 12.9 9.3 5.9 8.9 7 5.1 2.6 3.1 1.6 38.2
Net Income 791.5 612.3 505.3 153.2 327.8 374.0 322.8 281.5 262.2 239.5 172.5 102.8 55.4 22.9 87.1 94.3 78.1 56.0 38.3 12.7 13.5 25.7 18.3 14.2 11.0 6.1 8.1 3.9
Per Share Data
EPS (Basic) 9.60 7.46 6.20 2.28 6.29 6.85 5.96 5.20 4.75 4.08 2.80 1.69 0.92 0.38 1.46 1.61 1.34 1.95 1.35 0.23 0.98 1.94 1.55 1.22 0.97 0.27 0.36 0.28
EPS (Diluted) 9.53 7.40 6.13 2.25 6.24 6.79 5.90 5.13 4.65 3.97 2.73 1.65 0.92 0.37 1.44 1.57 1.30 1.88 1.33 0.22 0.96 1.88 1.50 1.16 0.92 0.27 0.68 0.25
Shares Outstanding 82.5 82.1 81.5 67.1 52.9 53.9 54.1 54.1 55.2 58.7 61.5 60.9 60.0 60.4 59.7 58.6 58.2 28.7 28.3 28.0 13.3 13.3 11.8 11.7 11.3 22.2 21.0 13.9
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 538.8 378.1 288.8 752.2 840.3 520.3 395.9 282.9 192.5 103.9 144.8 58.4 55.7 55.7 25.3 39.7 11.9 26.6 12
Short-Term Investments 0 2.0 1.7 1.7 1.7 49.6 59.9 77.6 68.0 86.0 49.2 42.7 23.1 23.1 10.9 18.5 34.3 21.4 35.9
Net Receivables 2,851.3 2,899.3 2,801.5 2,072.9 1,207.5 1,013.5 837.6 706.2 662.2 636.7 219.6 227.5 86.1 78.4 94.2 56.8 52.8 29.8 28.4
Inventory 0 0 7.1 0 0 3.2 2.3 2.2 2.4 1.8 0 29.9 0 0 0.4 0.4 0.2 0 0
Other Current Assets 140.4 132.1 130.0 0 0 (3.2) 0 0 (2.4) (0.1) 101.7 117.4 52.5 61.5 5.1 3.3 (10.2) 2.4 1.9
Total Current Assets 3,530.5 3,411.5 3,229.1 2,941.2 2,103.0 1,625.0 1,330.2 1,101.0 958.0 864.4 535.4 500.3 228.2 228.2 135.8 118.7 89.0 80.1 78.2
Non-Current Assets
Property, Plant & Equipment 530.5 501.5 504.2 534.6 258.9 270.1 103.7 105.1 149.0 150.2 179.0 171.7 42.9 42.9 30.3 22.8 17.9 17.0 15.6
Goodwill 9,051.4 9,022.1 8,971.7 9,037.9 936.3 883.2 770.3 783.1 616.1 588.4 173.6 169.3 0 0 0 0 0 0 0
Intangible Assets 3,559.8 3,855.9 4,278.7 4,710.8 66.5 67.9 109.0 129.6 56.6 66.1 10.0 10.6 64.2 64.2 20.8 6.8 3.9 3.0 0
Long-Term Investments 57.9 46.8 32.6 25.0 20.3 10.1 7.0 0 0 0 0 0 0 0 0 (0.0) 0 0 0
Other Non-Current Assets 72.8 78.5 92.2 89.2 38.0 34.7 2.5 22.4 26.5 23.0 3.1 7.0 0 0 0 0.0 0 0 0
Total Non-Current Assets 13,347.2 13,578.4 13,956.2 14,445.9 1,332.6 1,282.5 1,024.1 1,073.4 867.9 854.5 373.0 367.0 107.2 107.2 51.1 29.6 21.8 20.0 15.6
Total Assets 16,877.7 16,989.9 17,185.3 17,387.1 3,435.6 2,907.5 2,354.3 2,185.9 1,825.8 1,718.9 908.4 867.3 335.3 335.3 186.9 148.3 110.9 100.1 93.8
Current Liabilities
Account Payables 704.6 595.5 611.4 227.0 51.1 24.1 13.3 18.6 8.7 7.0 12.1 139.4 10.4 12.8 3.2 5.3 2.8 1.9 1.1
Short-Term Debt 29.8 110.2 55.1 55.1 0 349.6 0 0 0 0 0.3 40.2 0.2 17.4 8.7 11.4 3.3 1.9 3.1
Deferred Revenue 1,614.8 1,654.5 1,507.5 1,324.0 660.9 367.0 274.5 299.0 272.8 318.7 0 0 0 0 0 0 0 0 0
Other Current Liabilities 355.2 415.1 24.8 439.8 375.4 350.2 317.1 233.5 190.7 231.8 120.4 23.9 68.3 72.3 55.5 34.7 23.9 18.3 18.8
Total Current Liabilities 2,796.4 2,825.6 2,690.6 2,478.9 1,123.9 1,131.3 610.6 566.1 494.4 571.8 299.5 314.3 114.3 114.3 67.5 51.4 30.0 22.2 22.3
Non-Current Liabilities
Long-Term Debt 3,396.4 3,665.4 4,599.0 5,381.2 348.5 0 349.3 348.9 348.5 348.3 0 65.2 0.2 0 0 0 0.7 0.9 0.9
Deferred Tax Liabilities 812.5 899.1 988.6 1,086.0 10.4 9.5 8.2 7.7 4.6 4.6 32.0 12.2 2.6 2.6 0 0 0 0 0
Other Non-Current Liabilities 209.3 232.7 277.4 214.0 40.9 71.3 31.0 32.0 32.2 28.4 23.9 2.8 1.3 1.6 1.0 0.6 0.3 0.0 0.1
Total Non-Current Liabilities 4,558.3 4,923.5 5,996.7 6,841.3 461.4 158.2 389.4 389.6 607.9 382.3 36.6 96.6 4.4 4.2 1.0 0.6 1.1 0.9 1.2
Total Liabilities 7,354.7 7,749.1 8,687.3 9,320.3 1,585.4 1,289.5 1,000.0 955.6 880.7 954.7 336.2 410.9 118.6 118.6 68.5 52.0 31.0 23.1 23.5
Stockholders' Equity
Common Stock 6.6 6.7 6.6 6.6 4.6 4.6 4.7 4.7 4.6 4.7 5.0 4.9 1.0 1.0 0.8 0.8 0.8 0.9 0.8
Retained Earnings 2,724.8 2,433.7 1,821.4 1,416.1 1,262.9 1,110.2 888.3 742.8 587.8 435.9 380.5 286.2 105.9 92.8 57.2 41.4 28.8 23.6 19.2
Accumulated Other Comprehensive Income (228.6) (142.3) (171.5) (90.9) (35.5) (75.8) (69.3) (37.8) (86.3) (61.6) 12.6 3.2 15.9 10.0 (0.2) (4.8) (5.6) (3.1) (1.1)
Total Stockholders' Equity 9,523.0 9,240.7 8,498.0 8,066.8 1,850.2 1,618.1 1,354.3 1,191 945.2 764.2 572.2 456.4 236.3 216.8 118.5 96.3 79.7 77.1 71.6
Total Liabilities & Equity 16,877.7 16,989.9 17,185.3 17,387.1 3,435.6 2,907.5 2,354.3 2,185.9 1,825.8 1,718.9 908.4 867.3 335.3 335.3 186.9 148.3 110.9 100.1 93.8
Debt Metrics
Total Debt 3,603.0 3,938.3 4,829.5 5,645.7 433.6 454.6 349.3 348.9 348.5 350 0.3 106.2 0.5 17.4 8.7 11.4 4.0 2.8 4.1
Net Debt 3,064.2 3,560.2 4,540.7 4,893.5 (406.7) (65.8) (46.6) 66.0 156.0 246.1 (144.5) 47.8 (55.5) (55.7) (16.6) (28.3) (7.9) (23.8) (8.4)
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 791.5 612.3 505.3 153.2 331.4 375.9 322.8 24.2 262.2 239.5 12.7 13.5 25.7 18.3 14.2 11.0 6.1 7.5
Depreciation & Amortization 528.3 586.0 569.5 315.0 95.1 61.5 65.9 0.2 59.6 57.7 13.9 13.1 10.6 7.3 6.0 5.0 3.2 2
Stock-Based Compensation 45.9 55.7 70.5 133.8 26.3 26.8 28.1 21.6 40.3 33.3 0 0 0 0 0 0 0 0
Change in Working Capital (56.5) (114.8) (550.2) 135.0 114.7 (82.7) (177.7) 2.7 (103.3) (54.2) (8.6) (12.5) 6.1 (4.4) (3.0) (17.6) (1.5) (8.2)
Other Non-Cash Items (22.5) 107.3 93.2 152.7 (23.5) 32.6 (20.7) 323.6 (1.1) 0.1 (4.9) 11.5 0.2 0 0.0 0.1 0.1 (0.2)
Operating Cash Flow 1,286.7 1,161.0 563.3 829.1 594.7 412.5 264.0 48.7 259.2 279.5 13.8 25.2 43.6 21.5 17.3 (1.6) 8.4 1.5
Investing Activities
Capital Expenditure (168.1) (140.7) (142.2) (93.8) (51.1) (50.6) (48.4) (0.0) (42.6) (49.7) (12.1) (15.6) (13.1) (52.7) (10.4) (6.7) (7.5) (9.4)
Acquisitions (84.2) (71.8) (1.9) (5,916.9) (40.2) (119.6) (1.6) 89.8 (51.0) (166.1) 0 (10.1) (11.3) 0 0 (1.9) 0 0
Purchases of Investments (17.3) (16.8) (6.1) (4.1) (3.2) (13.5) (87.1) (41.7) (22.0) (14.2) (14.8) (11.0) (23.1) 0 (12.5) (19.0) (21.4) (35.9)
Sales/Maturities of Investments 2.7 2.6 2.4 0.5 47.9 21.7 99.9 33.1 40.9 25.7 14.0 12.0 0 18.6 29.9 4.5 35.9 0
Other Investing Activities 0 0 1.9 (10) 0 0 0 (259.0) 0 (0.5) (3.4) (1.1) 0.1 (1.2) (2.2) 0.6 0.6 0
Investing Cash Flow (266.8) (226.7) (145.9) (6,024.2) (46.6) (162.0) (37.3) (177.8) (74.8) (204.8) (16.3) (25.7) (47.3) (35.3) 4.8 (22.6) 7.7 (45.3)
Financing Activities
Net Debt Issuance (360.3) (895) (800) 5,027.3 0 0 0 0 0 350 4.8 4.8 (7.1) (7.1) (5.3) 0.2 9.3 (1.2)
Stock Repurchased (500.0) 0 (100.0) 0 (175) (146.9) (129.0) (133.1) (110) (457.9) 0 (0.2) (0.2) 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 23.1 0 35.8 (30.3) (60.0) 21.5 20.6 13.8 16.3 26.5 (0.1) (5.1) 48.4 (47.4) 7.3 6.7 (11.2) 3.4
Financing Cash Flow (837.2) (844.0) (864.2) 5,114.7 (235.0) (125.4) (108.4) (119.3) (93.7) (81.4) 6.6 0.9 42.5 (4.6) 2.7 9.6 (1.4) 2.2
Cash Position
Net Change in Cash 160.7 89.3 (463.4) (88.1) 320.0 124.5 113.0 90.3 88.6 (15.0) 59.5 0.7 37.4 (18.0) 25.1 (15.4) 14.2 (42)
Cash at Beginning 378.1 288.8 752.2 840.3 520.3 395.9 282.9 32.3 103.9 118.9 55.7 55.7 18.3 36.3 11.2 26.6 12.4 54
Cash at End 538.8 378.1 288.8 752.2 840.3 520.3 395.9 51.5 192.5 103.9 59.5 56.3 55.7 18.3 36.3 11.2 26.6 12
Free Cash Flow 1,118.6 1,020.3 421.2 735.4 543.7 361.9 215.6 48.7 216.6 229.8 1.7 9.6 30.5 (31.2) 6.8 (8.3) 0.9 (7.9)
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Income Statement
Revenue 8,281.7 8,120.2 7,741.4 5,480.8 2,797.3 2,805.8 2,595.8 1,758.4 1,666.5 1,575.0 1,503.3 1,336.1 1,115.0 945.7 900.0 887.6 865.2 630.7 455.6 346.2 326.7 296.9 225.7 156.6 116.2 80.8 55.8 42.1
Gross Profit 2,436.4 2,400.2 2,214.3 1,508.2 808.0 831.7 769.5 727.0 705.2 666.0 600.1 490.6 396.9 333.8 358.7 379.8 376.0 276.2 199.3 126.2 134.4 134.4 103.4 73.2 52.4 38.7 26.5 42.1
Operating Income 1,097.8 956.2 795.2 378.5 391.5 433.4 373.4 338.3 311.7 281.5 202.3 121.2 72.4 39.3 92.1 107.5 99.5 69.2 47.8 19.8 18.6 34.4 24.9 18.2 11.1 8.1 7.0 42.1
Net Income 791.5 612.3 505.3 153.2 327.8 374.0 322.8 281.5 262.2 239.5 172.5 102.8 55.4 22.9 87.1 94.3 78.1 56.0 38.3 12.7 13.5 25.7 18.3 14.2 11.0 6.1 8.1 3.9
EPS (Diluted) 9.53 7.40 6.13 2.25 6.24 6.79 5.90 5.13 4.65 3.97 2.73 1.65 0.92 0.37 1.44 1.57 1.30 1.88 1.33 0.22 0.96 1.88 1.50 1.16 0.92 0.27 0.68 0.25
Balance Sheet
Cash & Equivalents 538.8 378.1 288.8 752.2 840.3 520.3 395.9 282.9 192.5 103.9 144.8 58.4 55.7 55.7 25.3 39.7 11.9 26.6 12
Total Assets 16,877.7 16,989.9 17,185.3 17,387.1 3,435.6 2,907.5 2,354.3 2,185.9 1,825.8 1,718.9 908.4 867.3 335.3 335.3 186.9 148.3 110.9 100.1 93.8
Total Debt 3,603.0 3,938.3 4,829.5 5,645.7 433.6 454.6 349.3 348.9 348.5 350 0.3 106.2 0.5 17.4 8.7 11.4 4.0 2.8 4.1
Stockholders' Equity 9,523.0 9,240.7 8,498.0 8,066.8 1,850.2 1,618.1 1,354.3 1,191 945.2 764.2 572.2 456.4 236.3 216.8 118.5 96.3 79.7 77.1 71.6
Cash Flow
Operating Cash Flow 1,286.7 1,161.0 563.3 829.1 594.7 412.5 264.0 48.7 259.2 279.5 13.8 25.2 43.6 21.5 17.3 (1.6) 8.4 1.5
Capital Expenditure (168.1) (140.7) (142.2) (93.8) (51.1) (50.6) (48.4) (0.0) (42.6) (49.7) (12.1) (15.6) (13.1) (52.7) (10.4) (6.7) (7.5) (9.4)
Free Cash Flow 1,118.6 1,020.3 421.2 735.4 543.7 361.9 215.6 48.7 216.6 229.8 1.7 9.6 30.5 (31.2) 6.8 (8.3) 0.9 (7.9)