Icon (ICLR) Return on Capital Employed (2009 - 2025)

Icon (ICLR) reported Return on Capital Employed of 3.36% for Q4 2025, down 484.0% year-over-year from 0.87% in Q4 2024, and down 44.9% quarter-over-quarter from 6.09% in Q3 2025.

Icon (ICLR) Return on Capital Employed (2009 - 2025) Analysis & Trends

Icon (ICLR) has 17 years of Return on Capital Employed data on file, last reported at 3.36% in Q4 2025.

  • Return on Capital Employed for Q4 2025 came in at 3.36%, down 484.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 3.36% (down 484.0% YoY), and the FY2025 annual result was 4.03%, down 501.0% from the prior year.
  • Return on Capital Employed declined to 3.36% in Q4 2025 per ICLR's latest filing, from 6.09% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 18.89% in Q2 2021 and troughed at 7.13% in Q1 2021.
  • A 5-year average of 5.48% and a median of 6.07% in 2023 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2021 and 2022: Return on Capital Employed sank 5589 bps in 2021, then jumped 1047 bps in 2022.
  • A 5-year view of Return on Capital Employed shows it stood at 2.77% in 2021, then surged by 125 bps to 6.23% in 2022, then increased by 22 bps to 7.6% in 2023, then rose by 8 bps to 8.2% in 2024, then slumped by 59 bps to 3.36% in 2025.
  • Business Quant data shows ICLR's Return on Capital Employed at 3.36% in Q4 2025, 6.09% in Q3 2025, and 7.17% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 4.82%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 8.12%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 6.26%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 67.98%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 14.57%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn -3.63%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 10.24%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 16.90%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 45.73%
10 Icon 11.96 Bn 11.31 Bn 500.89 Mn 3.36%

Historic Data

Download Data
DateValue
Dec 31, 2025 3.36%
Sep 30, 2025 6.09%
Jun 30, 2025 7.17%
Mar 31, 2025 8.79%
Dec 31, 2024 8.20%
Sep 30, 2024 7.00%
Jun 30, 2024 2.54%
Mar 31, 2024 2.63%
Dec 31, 2023 7.60%
Sep 30, 2023 6.30%
Jun 30, 2023 6.05%
Mar 31, 2023 6.96%
Dec 31, 2022 6.23%
Sep 30, 2022 5.13%
Jun 30, 2022 3.41%
Mar 31, 2022 3.34%
Dec 31, 2021 2.77%
Sep 30, 2021 4.25%
Jun 30, 2021 18.89%
Mar 31, 2021 -7.13%