Icon (ICLR) EBITDA Margin (2009 - 2026)
Icon's EBITDA Margin came in at 14.73% for the quarter ended Sep 30, 2026, up 20.60 percentage points from -5.87% a year earlier and up 3.58 percentage points from the prior quarter.
Icon (ICLR) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Icon reported EBITDA Margin of 13.28%, up 2.62 percentage points year-over-year; for the year ended Dec 31, 2025, it was 14.08%, down 10.16 percentage points from the prior year.
- EBITDA Margin carries a five-year change of -2.98 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, EBITDA Margin was 24.24% in the year ended Dec 31, 2024 (-1.14 pp), 25.39% in the year ended Dec 31, 2023 (+0.83 pp), 24.56% in the year ended Dec 31, 2022 (+6.50 pp) and 18.06% in the year ended Dec 31, 2021 (+1.00 pp).
- The figure for the quarter ended Sep 30, 2026 represents the highest quarterly EBITDA Margin since the quarter ended Jun 30, 2025.
- Year-over-year, EBITDA Margin increased in 1 of the last eight quarters, with an average year-over-year change of -2.95 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in the quarter ended Sep 30, 2026 (a gain of 20.60 percentage points), and the weakest in the quarter ended Sep 30, 2025 (a drop of 24.59 percentage points).
- Business Quant data shows ICLR's EBITDA Margin at 11.15% (quarter ended Jun 30, 2026), 13.06% (quarter ended Mar 31, 2026) and 14.18% (quarter ended Dec 31, 2025) in the three quarters before the quarter ended Sep 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 20.28% |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | 24.04% |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | 18.64% |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 14.73% |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | 5.06% |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | -229.38% |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | -0.62% |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | -152.92% |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | -34.75% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.73% |
| Jun 30, 2026 | 11.15% |
| Mar 31, 2026 | 13.06% |
| Dec 31, 2025 | 14.18% |
| Sep 30, 2025 | -5.87% |
| Jun 30, 2025 | 16.19% |
| Mar 31, 2025 | 16.10% |
| Dec 31, 2024 | 16.92% |
| Sep 30, 2024 | 18.72% |
| Jun 30, 2024 | 18.69% |
| Mar 31, 2024 | 20.98% |
| Dec 31, 2023 | 18.38% |
| Sep 30, 2023 | 20.19% |
| Jun 30, 2023 | 17.72% |
| Mar 31, 2023 | 18.52% |
| Dec 31, 2022 | 17.83% |
| Sep 30, 2022 | 20.08% |
| Jun 30, 2022 | 16.81% |
| Mar 31, 2022 | 16.70% |
| Dec 31, 2021 | 15.52% |
Icon EBITDA Margin 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=ebitda-margin&ticker=ICLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();