Icon (ICLR) Enterprise Value (2009 - 2026)
Icon's Enterprise Value was $12.21 billion in the quarter ended Sep 30, 2026, down 10.7% from $13.66 billion a year earlier and down 1.3% from the prior quarter.
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Analysis
Icon (ICLR) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Icon's Enterprise Value was $9.79 billion through Sep 30, 2026, down 19.5% year-over-year; for the year ended Dec 31, 2025, it was $13.23 billion, down 19.1% from the prior year.
- Enterprise Value shows a five-year compound annual growth rate of 7.0% (years ended Dec 2020 to Dec 2025).
- In earlier years, Enterprise Value was $16.34 billion in the year ended Dec 31, 2024 (-28.7%), $22.93 billion in the year ended Dec 31, 2023 (+47.1%), $15.58 billion in the year ended Dec 31, 2022 (-36.4%) and $24.5 billion in the year ended Dec 31, 2021 (+159.3%).
- Quarterly Enterprise Value has moved between $7.71 billion (the quarter ended Mar 31, 2026) and $27.32 billion (the quarter ended Mar 31, 2024) over five years.
- Compared with a year earlier, Enterprise Value was higher in 1 of the last eight quarters, with an average decline of 29.9%.
- The best year-over-year quarter for Enterprise Value over five years was the quarter ended Dec 31, 2021 (growth of 159.3%); the worst was the quarter ended Jun 30, 2025 (a decline of 55.2%).
- Per Business Quant data, ICLR's Enterprise Value in the three quarters before the quarter ended Sep 30, 2026 was $12.37 billion (quarter ended Jun 30, 2026), $7.71 billion (quarter ended Mar 31, 2026) and $13.23 billion (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn |
| 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 |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.21 Bn |
| Jun 30, 2026 | 12.37 Bn |
| Mar 31, 2026 | 7.71 Bn |
| Dec 31, 2025 | 13.23 Bn |
| Sep 30, 2025 | 13.66 Bn |
| Jun 30, 2025 | 11.36 Bn |
| Mar 31, 2025 | 13.60 Bn |
| Dec 31, 2024 | 16.34 Bn |
| Sep 30, 2024 | 23.01 Bn |
| Jun 30, 2024 | 25.35 Bn |
| Mar 31, 2024 | 27.32 Bn |
| Dec 31, 2023 | 22.93 Bn |
| Sep 30, 2023 | 19.81 Bn |
| Jun 30, 2023 | 20.18 Bn |
| Mar 31, 2023 | 17.17 Bn |
| Dec 31, 2022 | 15.58 Bn |
| Sep 30, 2022 | 14.38 Bn |
| Jun 30, 2022 | 17.06 Bn |
| Mar 31, 2022 | 19.27 Bn |
| Dec 31, 2021 | 24.50 Bn |
API Access
Icon Enterprise Value 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=enterprise-value&ticker=ICLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();