Saturday 17 October 2026
Export ICFI’s income statement to Excel — free account
ICF International, Inc.
ICFI Industrials Consulting Services
ICF International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, down 7.27% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 16.3%, free cash flow grew 103.5% and total debt fell 14.0%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
89.43
0.66
+0.74%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
17.13 | 20.27 | 30.68 | 29.45 | 27.20 | 25.46 | 25.03 | 19.87 | 16.01 | 22.12 |
Piotroski F-Score |
7 | 8 | 7 | 5 | 6 | 3 | 4 | 5 | 8 | 8 |
Altman Z-Score |
2.79 | 3.10 | 3.13 | 2.42 | 2.69 | 2.52 | 3.45 | 3.35 | 3.21 | 3.15 |
P/S ratio |
0.84 | 1.11 | 1.29 | 1.06 | 1.25 | 0.93 | 1.17 | 0.91 | 0.82 | 0.87 |
P/FCF ratio |
13.07 | 14.89 | 19.47 | 13.72 | 21.43 | 9.01 | 26.71 | 23.04 | 9.83 | 15.53 |
Altman Z″-Score (non-manufacturers) |
3.41 | 3.01 | 2.67 | 2.33 | 2.61 | 2.55 | 3.31 | 3.69 | 3.72 | 3.42 |
Beneish M-Score |
(2.63) | (2.41) | (2.72) | (2.71) | (2.48) | (3.02) | (2.39) | (2.19) | (3.04) | (2.49) |
P/Operating CF |
20.77 | 23.44 | 23.70 | 12.15 | 42.58 | 17.96 | 20.26 | 18.93 | 21.52 | 46.21 |
Dividend Safety Score |
84 | — | — | — | — | — | — | — | — | — |
P/B ratio |
1.53 | 2.27 | 2.76 | 2.22 | 2.41 | 1.87 | 2.41 | 1.84 | 1.64 | 1.82 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
1.03 | 1.31 | 1.51 | 1.38 | 1.50 | 1.08 | 1.30 | 1.05 | 0.97 | 1.08 |
EV/EBITDA |
5.93 | 7.53 | 15.37 | 15.44 | 16.28 | 13.20 | 14.72 | 11.72 | 10.68 | 11.41 |
EV/Operating CF |
13.62 | 15.46 | 19.47 | 15.10 | 21.20 | 9.42 | 20.94 | 18.83 | 10.18 | 16.02 |
EV/FCF |
16.08 | 17.67 | 22.81 | 17.78 | 25.88 | 10.50 | 29.67 | 26.61 | 11.62 | 19.35 |
Quick Ratio |
0.77 | 0.63 | 0.52 | 0.62 | 0.71 | 0.72 | 0.81 | 0.90 | 0.88 | 1.49 |
Current Ratio |
1.27 | 1.10 | 1.07 | 1.12 | 1.19 | 1.11 | 1.28 | 1.41 | 1.48 | 1.55 |
Net Debt/EBITDA |
1.75 | 1.84 | 2.25 | 3.53 | 2.80 | 1.87 | 1.47 | 1.57 | 1.64 | 2.25 |
Debt/Assets |
19.99% | 20.47% | 22.08% | 27.36% | 22.80% | 18.79% | 14.13% | 16.51% | 18.58% | 23.89% |
Debt/Equity |
0.40 | 0.43 | 0.48 | 0.67 | 0.52 | 0.42 | 0.28 | 0.30 | 0.33 | 0.46 |
Asset Turnover |
0.91 | 0.99 | 0.96 | 0.90 | 0.88 | 0.98 | 1.13 | 1.15 | 1.12 | 1.09 |
Operating CF/Net income |
1.55 | 1.56 | 1.84 | 2.52 | 1.55 | 3.15 | 1.33 | 1.22 | 1.86 | 1.72 |
Capex/Depreciation |
(0.37) | (0.40) | (0.37) | (0.49) | (0.61) | (0.51) | (0.94) | (0.79) | (0.50) | (0.47) |
Interest Coverage |
4.72 | 5.60 | 3.33 | 4.67 | 11.11 | 6.50 | 9.46 | 10.59 | 9.64 | 8.74 |
| 9.11% | 11.60% | 9.33% | 7.76% | 9.18% | 7.52% | 10.03% | 9.62% | 10.64% | 8.55% | |
| 4.45% | 5.40% | 4.03% | 3.26% | 4.05% | 3.59% | 5.28% | 5.28% | 5.73% | 4.30% | |
ROIC |
6.56% | 7.47% | 6.11% | 4.81% | 5.76% | 5.69% | 7.00% | 6.79% | 6.44% | 6.32% |
Return on Tangible Assets |
54.35% | 100.71% | 78.77% | 47.19% | 57.10% | 49.48% | 44.79% | 37.87% | 43.33% | 31.66% |
Average Days of Receivables |
49.91 | 47.56 | 38.64 | 50.03 | 58.41 | 54.46 | 66.28 | 64.78 | 51.64 | 86.66 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
26.29% | 25.67% | 25.73% | 27.35% | 27.72% | 27.32% | 26.77% | 26.98% | 28.19% | 27.68% |
Intangible Assets out of Total Assets |
0.65 | 0.66 | 0.65 | 0.64 | 0.61 | 0.58 | 0.53 | 0.62 | 0.65 | 0.67 |
Share Based Compensation of Revenue |
0.94% | 0.83% | 0.76% | 0.74% | 0.85% | 1.16% | 1.07% | 0.86% | 0.84% | 0.77% |
Graham Net Nets |
(0.32) | (0.26) | (0.26) | (0.41) | (0.31) | (0.32) | (0.14) | (0.13) | (0.16) | (0.21) |
Graham Number |
79.11 | 83.27 | 69.43 | 58.98 | 60.10 | 51.04 | 55.92 | 50.77 | 49.82 | 40.54 |
Earnings Yield |
5.84% | 4.93% | 3.26% | 3.40% | 3.68% | 3.93% | 3.99% | 5.03% | 6.25% | 4.52% |
Free Cash Flow Yield |
7.65% | 6.72% | 5.14% | 7.29% | 4.67% | 11.10% | 3.74% | 4.34% | 10.17% | 6.44% |
Revenue per Share |
101.71 | 107.74 | 104.42 | 94.59 | 82.31 | 79.98 | 78.58 | 71.18 | 65.50 | 62.41 |
Operating CF per Share |
7.70 | 9.15 | 8.10 | 8.62 | 5.84 | 9.19 | 4.86 | 3.97 | 6.24 | 4.22 |
Capex per Share |
(1.18) | (1.14) | (1.19) | (1.30) | (1.06) | (0.94) | (1.43) | (1.16) | (0.77) | (0.73) |
Free Cash Flow per Share |
6.53 | 8.01 | 6.92 | 7.32 | 4.78 | 8.25 | 3.43 | 2.81 | 5.47 | 3.49 |
Cash per Share |
2.89 | 1.00 | 0.50 | 0.69 | 1.08 | 4.35 | 0.34 | 0.62 | 1.23 | 0.32 |
Shareholders Equity per Share |
55.85 | 52.41 | 48.80 | 45.34 | 42.58 | 39.65 | 37.98 | 35.13 | 32.83 | 29.81 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
55.85 | 52.41 | 48.80 | 45.34 | 42.58 | 39.65 | 37.98 | 35.13 | 32.83 | 29.81 |
Free Cash Flow |
120.21 | 150.11 | 130.05 | 137.73 | 90.27 | 155.46 | 64.54 | 52.86 | 102.68 | 66.27 |
Working Capital |
110.16 | 42.89 | 28.93 | 50.73 | 72.53 | 48.65 | 95.67 | 114.05 | 107.07 | 106.65 |
Capital Expenditures |
(21.66) | (21.43) | (22.34) | (24.47) | (19.93) | (17.68) | (26.90) | (21.81) | (14.51) | (13.79) |
Net Current Asset Value |
(507.25) | (591.82) | (647.03) | (772.33) | (596.90) | (444.65) | (246.77) | (161.34) | (162.79) | (220.44) |
EV/EBIT |
13.29 | 16.00 | 22.42 | 22.52 | 21.06 | 18.31 | 18.88 | 15.24 | 14.47 | 15.49 |
Capex to Sales |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 |
Price to Operating Income |
10.80 | 13.48 | 19.14 | 17.38 | 17.44 | 15.72 | 17.00 | 13.20 | 12.25 | 12.43 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
1.00 | 0.80 | 0.80 | 0.58 | 0.63 | 0.55 | 0.49 | 0.58 | 0.77 | 0.73 |
Cash ROIC |
8.06% | 10.54% | 9.48% | 9.57% | 7.25% | 13.61% | 7.03% | 6.06% | 12.15% | 7.97% |
Accounts Receivable Turnover |
7.21 | 8.58 | 8.69 | 7.23 | 6.56 | 6.11 | 5.84 | 6.50 | 5.40 | 4.40 |
Accounts Payable Turnover |
8.32 | 8.72 | 9.36 | 9.40 | 9.94 | 8.61 | 8.04 | 9.65 | 10.60 | 11.09 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
38.31 | 45.42 | 38.81 | 43.69 | 39.37 | 34.29 | 51.53 | 43.67 | 35.51 | 34.58 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
259.63 | 235.50 | 225.89 | 246.23 | 236.67 | 246.66 | 252.98 | 205.69 | 227.64 | 269.17 |
Average Payables |
141.52 | 147.01 | 135.14 | 120.72 | 98.51 | 112.97 | 118.59 | 88.84 | 72.83 | 67.16 |
Average Assets |
2,058.26 | 2,039.06 | 2,052.02 | 1,970.90 | 1,758.41 | 1,531.66 | 1,304.95 | 1,162.06 | 1,097.91 | 1,082.93 |
Average Common Equity |
1,005.47 | 950.02 | 885.40 | 828.34 | 775.22 | 730.76 | 687.48 | 638.22 | 591.02 | 544.64 |
Columns are period end dates