Icon (ICLR) Debt Ratio (2009 - 2026)
Icon's Debt Ratio was 0.21 in the quarter ended Sep 30, 2026, up 0.8% from 0.21 a year earlier and up 0.6% from the prior quarter.
Analysis
Icon (ICLR) Debt Ratio (2009 - 2026) Analysis & Trends
From the quarter ended Mar 31, 2009 onward, Icon has reported Debt Ratio for 51 quarters.
- In earlier years, Debt Ratio was 0.21 in the year ended Dec 31, 2024 (-8.0%), 0.22 in the year ended Dec 31, 2023 (-17.3%), 0.27 in the year ended Dec 31, 2022 (-13.4%) and 0.31 in the year ended Dec 31, 2021 (+208.3%).
- Quarterly Debt Ratio has moved between 0.20 (the quarter ended Sep 30, 2024) and 0.31 (the quarter ended Dec 31, 2021) over five years.
- Compared with a year earlier, Debt Ratio has increased for six straight quarters, with growth averaging 0.2% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was the quarter ended Dec 31, 2021 (growth of 208.3%); the worst was the quarter ended Mar 31, 2024 (a decline of 20.9%).
- Per Business Quant data, ICLR's Debt Ratio in the three quarters before the quarter ended Sep 30, 2026 was 0.21 (quarter ended Jun 30, 2026), 0.21 (quarter ended Mar 31, 2026) and 0.21 (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 0.53 |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | - |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | 0.35 |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 0.21 |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | 0.39 |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | 0.30 |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | - |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | 0.15 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.21 |
| Jun 30, 2026 | 0.21 |
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.20 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.31 |
API Access
Icon Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ICLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ICLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();