Icon (ICLR) Operating Margin (2009 - 2026)
Icon (ICLR) recorded Operating Margin of 6.68% in the quarter ended Jun 30, 2026, down 4.65 percentage points from 11.33% a year earlier and down 1.86 percentage points from the prior quarter.
Icon (ICLR) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Icon's Operating Margin came in at 7.34% as of Jun 30, 2026, down 5.84 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 12.27%, down 1.88 percentage points from the prior year.
- Annual Operating Margin has a five-year change of -1.73 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Margin came in at 14.14% in the year ended Dec 31, 2024 (+2.91 pp), 11.23% in the year ended Dec 31, 2023 (+0.96 pp), 10.27% in the year ended Dec 31, 2022 (+3.37 pp) and 6.91% in the year ended Dec 31, 2021 (-7.09 pp).
- Quarterly Operating Margin has ranged from 0.27% in the quarter ended Sep 30, 2021 to 16.02% in the quarter ended Dec 31, 2024 over the past five years.
- On a year-over-year basis, Operating Margin has declined for four consecutive quarters, with an average year-over-year change of -2.50 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 12.27 percentage points in the quarter ended Sep 30, 2022, against a drop of 15.17 percentage points in the quarter ended Sep 30, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.54% (quarter ended Mar 31, 2026), 9.84% (quarter ended Dec 31, 2025) and 4.24% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.59 Bn | 35.29 Bn | 1.44 Bn | 11.58% |
| 2 | Medpace Holdings | 17.33 Bn | 15.40 Bn | 201.64 Mn | 20.76% |
| 3 | Charles River Laboratories International | 14.59 Bn | 13.78 Bn | 363.37 Mn | 11.94% |
| 4 | Icon | 13.22 Bn | 10.33 Bn | 479.29 Mn | 6.68% |
| 5 | Fortrea Holdings | 2.04 Bn | 1.42 Bn | 139.20 Mn | 2.18% |
| 6 | Ginkgo Bioworks Holdings | 730.23 Mn | -31.85 Mn | 18.44 Mn | -290.47% |
| 7 | Evotec SE | 502.55 Mn | -1.11 Bn | - | - |
| 8 | Champions Oncology | 67.61 Mn | 42.70 Mn | 7.70 Mn | -2.69% |
| 9 | MindWalk Holdings | 65.40 Mn | 29.05 Mn | 1.61 Mn | -159.86% |
| 10 | Natural Alternatives International | 6.57 Mn | -21.51 Mn | 1.73 Mn | -38.18% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.68% |
| Mar 31, 2026 | 8.54% |
| Dec 31, 2025 | -3.31% |
| Sep 30, 2025 | 4.24% |
| Jun 30, 2025 | 11.33% |
| Mar 31, 2025 | 11.26% |
| Dec 31, 2024 | 11.89% |
| Sep 30, 2024 | 14.06% |
| Jun 30, 2024 | 10.84% |
| Mar 31, 2024 | 13.66% |
| Dec 31, 2023 | 10.70% |
| Sep 30, 2023 | 12.86% |
| Jun 30, 2023 | 10.37% |
| Mar 31, 2023 | 10.96% |
| Dec 31, 2022 | 10.37% |
| Sep 30, 2022 | 12.55% |
| Jun 30, 2022 | 9.19% |
| Mar 31, 2022 | 8.96% |
| Dec 31, 2021 | 7.67% |
| Sep 30, 2021 | 0.27% |
Icon Operating 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=operating-margin&ticker=ICLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();