Icon (ICLR) Interest Coverage Ratio (2009 - 2026)
Icon's (ICLR) Interest Coverage Ratio stood at 3.00 in the quarter ended Sep 30, 2026, compared with -4.44 a year earlier and up 6.4% from the prior quarter.
Icon (ICLR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Icon's Interest Coverage Ratio came in at 3.38 as of Sep 30, 2026, up 44.5% year-over-year; for the year ended Dec 31, 2025, it came in at 2.24, down 46.6% from the prior year.
- Across earlier years, Interest Coverage Ratio came in at 4.20 in the year ended Dec 31, 2024 (+58.6%), 2.65 in the year ended Dec 31, 2023 (-98.5%), 177.91 in the year ended Dec 31, 2022 (+93.3%) and 92.03 in the year ended Dec 31, 2021 (-79.5%).
- Quarterly Interest Coverage Ratio has ranged from -4.44 in the quarter ended Sep 30, 2025 to 5.35 in the quarter ended Sep 30, 2024 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last six quarters, with growth averaging 7.1%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 70.5% in the quarter ended Dec 31, 2024, against a decline of 92.3% in the quarter ended Dec 31, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.83 (quarter ended Jun 30, 2026), 3.62 (quarter ended Mar 31, 2026) and 4.20 (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 2.82 |
| 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 | 3.95 |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 3.00 |
| 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
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.00 |
| Jun 30, 2026 | 2.83 |
| Mar 31, 2026 | 3.62 |
| Dec 31, 2025 | 4.20 |
| Sep 30, 2025 | -4.44 |
| Jun 30, 2025 | 4.60 |
| Mar 31, 2025 | 4.77 |
| Dec 31, 2024 | 4.50 |
| Sep 30, 2024 | 5.35 |
| Jun 30, 2024 | 3.78 |
| Mar 31, 2024 | 3.98 |
| Dec 31, 2023 | 2.64 |
| Sep 30, 2023 | 3.15 |
| Jun 30, 2023 | 2.46 |
| Mar 31, 2023 | 2.50 |
| Dec 31, 2022 | 2.70 |
| Sep 30, 2022 | 3.87 |
| Jun 30, 2022 | 3.77 |
| Mar 31, 2022 | 3.83 |
| Dec 31, 2021 | 2.74 |
Icon Interest Coverage 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=interest-coverage-ratio&ticker=ICLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();