Icon (ICLR) Invested Capital (2009 - 2025)

Icon (ICLR) posted quarterly Invested Capital of $12.2 billion for Q1 2026, down 5.62% YoY from $12.9 billion in Q1 2025, and up 27.09% sequentially from $9.6 billion in Q4 2025.

Icon (ICLR) Invested Capital (2009 - 2025) Analysis & Trends

Icon has disclosed Invested Capital across 18 years of filings, most recently posting $12.2 billion for Q1 2026.

  • In Q1 2026, Invested Capital fell 5.62% year-over-year to $12.2 billion; the TTM figure through Mar 2026 stood at $12.2 billion (down 5.62% YoY), while the FY2025 annual figure was $12.1 billion, up 27.51% from the prior year.
  • Invested Capital improved to $12.2 billion in Q1 2026, from $9.6 billion in the prior quarter.
  • Over the last five years, Invested Capital for ICLR reached as high as $13.2 billion in Q3 2024 and fell as low as $40.6 million in Q4 2022.
  • The 5-year median for Invested Capital is $9.5 billion (2024), against an average of $9.2 billion.
  • Annual changes were most pronounced in 2024 — Invested Capital surged 11595.42% — and 2025, when it dropped 7.31%.
  • A 5-year view of Invested Capital shows it stood at $40.6 million in 2022, then soared by 99.14% to $80.9 million in 2023, then surged by 11595.42% to $9.5 billion in 2024, then advanced by 1.17% to $9.6 billion in 2025, then rose by 27.09% to $12.2 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $12.2 billion, $9.6 billion, and $12.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 15.29 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 94.88 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 71.43 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 2.09 Bn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 1.80 Bn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 2.85 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 9.31 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 2.68 Bn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 25.16 Mn
10 Icon 13.41 Bn 12.64 Bn 477.93 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 9.72 Bn
Dec 31, 2024 9.47 Bn
Dec 31, 2023 9.32 Bn
Dec 31, 2022 8.55 Bn
Dec 31, 2021 8.12 Bn
Jun 30, 2021 1.18 Bn
Mar 31, 2021 1.06 Bn
Dec 31, 2020 1.85 Bn
Sep 30, 2020 528.00 Mn
Jun 30, 2020 408.41 Mn
Mar 31, 2020 346.33 Mn
Dec 31, 2019 1.97 Bn
Sep 30, 2019 751.01 Mn
Jun 30, 2019 762.99 Mn
Mar 31, 2019 728.25 Mn
Dec 31, 2018 1.35 Bn
Sep 30, 2018 703.40 Mn
Jun 30, 2018 600.40 Mn
Mar 31, 2018 535.34 Mn
Dec 31, 2017 1.19 Bn