Icon (ICLR) EV to FCF (2009 - 2026)
Icon's (ICLR) EV to FCF was 7.97 for the quarter ended Jun 30, 2026, up 11.4% from 7.16 a year earlier and up 45.5% from the prior quarter.
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Icon (ICLR) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Icon's EV to FCF came in at 6.71, up 11.6% year-over-year; for the year ended Dec 31, 2025, it was 8.78, down 7.5% from the prior year.
- EV to FCF has declined for four consecutive years.
- By year, EV to FCF came in at 9.50 in the year ended Dec 31, 2024 (-46.1%), 17.61 in the year ended Dec 31, 2023 (-17.7%), 21.39 in the year ended Dec 31, 2022 (-0.9%) and 21.59 in the year ended Dec 31, 2021 (+1.8%).
- Five-year quarterly EV to FCF spans a low of 5.48 in the quarter ended Mar 31, 2026 and a high of 29.37 in the quarter ended Jun 30, 2023.
- Year over year, EV to FCF gained in 1 of the last eight quarters, with an average decline of 33.9%.
- The high point for year-over-year EV to FCF in five years was the quarter ended Jun 30, 2023 (growth of 135.7%); the low point was the quarter ended Jun 30, 2025 (a decline of 58.4%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 5.48 (quarter ended Mar 31, 2026), 8.78 (quarter ended Dec 31, 2025) and 8.64 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Iqvia Holdings | 45.99 Bn | 37.69 Bn | 1.44 Bn |
| 2 | Medpace Holdings | 18.34 Bn | 16.40 Bn | 201.64 Mn |
| 3 | Charles River Laboratories International | 16.28 Bn | 15.48 Bn | 363.37 Mn |
| 4 | Icon | 14.45 Bn | 11.56 Bn | 479.29 Mn |
| 5 | Fortrea Holdings | 2.26 Bn | 1.64 Bn | 139.20 Mn |
| 6 | Ginkgo Bioworks Holdings | 598.59 Mn | -163.49 Mn | 18.44 Mn |
| 7 | Evotec SE | 545.17 Mn | -1.07 Bn | - |
| 8 | Champions Oncology | 66.15 Mn | 41.24 Mn | 7.70 Mn |
| 9 | MindWalk Holdings | 55.19 Mn | 18.85 Mn | 1.61 Mn |
| 10 | Natural Alternatives International | 7.26 Mn | -20.82 Mn | 1.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00 |
| Mar 31, 2026 | 10.16 |
| Dec 31, 2025 | 15.34 |
| Sep 30, 2025 | 14.17 |
| Jun 30, 2025 | 11.47 |
| Mar 31, 2025 | 12.86 |
| Dec 31, 2024 | 14.61 |
| Sep 30, 2024 | 18.72 |
| Jun 30, 2024 | 21.45 |
| Mar 31, 2024 | 23.32 |
| Dec 31, 2023 | 22.47 |
| Sep 30, 2023 | 38.36 |
| Jun 30, 2023 | 53.02 |
| Mar 31, 2023 | 47.36 |
| Dec 31, 2022 | 37.00 |
| Sep 30, 2022 | 18.44 |
| Jun 30, 2022 | 19.43 |
| Mar 31, 2022 | 22.96 |
| Dec 31, 2021 | 33.32 |
| Sep 30, 2021 | 18.97 |
API Access
Icon EV to FCF 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=ev-to-fcf&ticker=ICLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();