ICON PLC

ICLR Healthcare Diagnostics & Research

ICON PLC’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 0.76% from fiscal 2024.

Revenue
−2.86%
EPS
+143.2%
Free cash flow
−8.01%
Total debt
−0.86%

Quarter to September 2026, against a year earlier

201.62 1.49 −0.73%
Market cap
$15.1B
P/E
34.5×
Fwd P/E
34.6×
Dividend yield
—
F-score
6/9
Altman Z
2.01
Beneish M
−2.62
Dividend safety
n/a

ICON PLC (ICLR) Net margin

Alert me on Net margin

ICON PLC's net margin over the twelve months to 30 September 2026 was 5.45%, up 2.7 percentage points from fiscal 2025 (2.78%). Over the past ten years it has ranged from 2.78% (fiscal 2025) to 16.0% (fiscal 2017) — the current reading is the lowest in ten years. That is above the Diagnostics & Research industry median of −4.10% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 2.78% (6.25)
FY2024 9.03% 1.49
FY2023 7.54% 1.01
FY2022 6.53% 3.74
FY2021 2.79% (9.09)
FY2020 11.9% (1.45)
FY2019 13.3% 0.90
FY2018 12.4% (3.58)
FY2017 16.0% 0.28
FY2016 15.7% 0.52

Quarterly newest first

Period Net margin Change (points)
Sep 2026 6.03% 2.51
Jun 2026 3.52% (1.63)
Mar 2026 5.15% (1.91)
Dec 2025 7.06% 20.69
43 more quarters

Against its own ten years

Low 2.78% High 16.0%
Ten-year median 11.9%
Current reading's percentile 21

Net margin against peers

Company Net margin
ILMN Illumina, Inc. compare 19.7%
QGEN QIAGEN N.V. compare 19.5%
MEDP Medpace Holdings, Inc. compare 18.2%
DGX Quest Diagnostics Incorporated compare 9.50%
RVTY Revvity Inc. compare 8.61%
LH Labcorp Holdings Inc. compare 6.88%
ICLR ICON PLC 5.45%
CRL Charles River Laboratories International, Inc. compare 1.01%
GH Guardant Health, Inc. compare −37.9%
Diagnostics & Research industry median −4.10%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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