Icon (ICLR) Return on Invested Capital [ROIC] (2009 - 2026)
Icon (ICLR) recorded Return on Invested Capital [ROIC] of 4.76% in the quarter ended Jun 30, 2026, down 3.58 percentage points from 8.34% a year earlier and down 0.77 percentage points from the prior quarter.
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Analysis
Icon (ICLR) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Icon reported Return on Invested Capital [ROIC] of 7.94%, down 1.01 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a five-year change of -12.57 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 8.95% in the year ended Dec 31, 2024 (+2.04 pp), 6.91% in the year ended Dec 31, 2023 (+0.95 pp), 5.96% in the year ended Dec 31, 2022 (+1.14 pp) and 4.82% in the year ended Dec 31, 2021 (-15.69 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Return on Invested Capital [ROIC] since the quarter ended Jun 30, 2022.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -0.76 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 6.39 percentage points in the quarter ended Sep 30, 2021, against a drop of 19.44 percentage points in the quarter ended Jun 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.53% (quarter ended Mar 31, 2026), 5.94% (quarter ended Dec 31, 2025) and 6.82% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.59 Bn | 35.30 Bn | 1.44 Bn | 8.30% |
| 2 | Medpace Holdings | 17.35 Bn | 15.41 Bn | 201.64 Mn | - |
| 3 | Charles River Laboratories International | 14.57 Bn | 13.77 Bn | 363.37 Mn | 1.63% |
| 4 | Icon | 13.15 Bn | 10.26 Bn | 479.29 Mn | 1.30% |
| 5 | Fortrea Holdings | 2.02 Bn | 1.40 Bn | 139.20 Mn | -0.68% |
| 6 | Ginkgo Bioworks Holdings | 720.92 Mn | -41.17 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 502.55 Mn | -1.11 Bn | - | - |
| 8 | Champions Oncology | 66.57 Mn | 41.65 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 63.08 Mn | 26.73 Mn | 1.61 Mn | -70.00% |
| 10 | Natural Alternatives International | 6.81 Mn | -21.27 Mn | 1.73 Mn | -24.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30% |
| Mar 31, 2026 | 2.91% |
| Dec 31, 2025 | 3.39% |
| Sep 30, 2025 | 5.94% |
| Jun 30, 2025 | 7.45% |
| Mar 31, 2025 | 7.02% |
| Dec 31, 2024 | 7.28% |
| Sep 30, 2024 | 7.07% |
| Jun 30, 2024 | 7.15% |
| Mar 31, 2024 | 7.14% |
| Dec 31, 2023 | 6.74% |
| Sep 30, 2023 | 6.21% |
| Jun 30, 2023 | 6.00% |
| Mar 31, 2023 | 5.73% |
| Dec 31, 2022 | 5.43% |
| Sep 30, 2022 | 4.94% |
| Jun 30, 2022 | 3.19% |
| Mar 31, 2022 | 2.64% |
| Dec 31, 2021 | 2.18% |
| Sep 30, 2021 | 3.53% |
API Access
Icon Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ICLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();