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ICF International, Inc.

NASDAQ•ICFI
CEO: Mr. John M. Wasson
Sector: Industrials
Industry: Consulting Services
Listing Date: 2006-09-28
ICF International, Inc. provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges. It also identifies, defines, and implements policies, plans, programs, and business tools through a range of standard and customized methodologies for its clients' business context; conducts survey research; collects and analyzes various data to understand critical issues and options for its clients; and provides actionable business intelligence, as well as information and data management solutions that allow integrated and purpose-driven data usage. In addition, the company provides solutions to optimize the customer and citizen experience; modernizes IT systems; and cyber security solutions that support the range of cyber security missions and protect IT infrastructures in the face of relentless threats, as well as designs, develops, and implements technology systems and business tools that are key to its clients' mission or business performance. Further, it informs and engages its clients' constituents, customers, and employees through public relations, branding and marketing, multichannel and strategic communications, and reputation issues management. The company serves energy, environment, infrastructure, and disaster recovery; health and social programs; and security and other civilian and commercial markets. The company was formerly known as ICF Consulting Group Holdings, LLC and changed its name to ICF International, Inc. in 2006. ICF International, Inc. was founded in 1969 and is headquartered in Reston, Virginia.
Contact Information
1902 Reston Metro Plaza, Reston, VA, 20190, United States
703-934-3000
www.icf.com
Market Cap
$1.29B
P/E (TTM)
14.0
29
Dividend Yield
0.8%
52W High
$101.71
52W Low
$68.44
52W Range
4%
Rank20Top 6.4%
6.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$443.67M+0.00%
4-Quarter Trend

EPS

$0.95+0.00%
4-Quarter Trend

FCF

$68.71M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Fell 7.3% Total revenue fell 7.3% to $1.87B USD, driven by $279.5M reduction from U.S. federal government clients.
Net Income Dropped 16.9% Net Income dropped to $91.6M USD in 2025 from $110.2M USD in 2024, reflecting lower profitability.
Backlog Reduced $381.3M Total backlog ended 2025 at $3.41B USD, down from $3.79B USD in 2024, due to contract terminations.
Increased Fixed-Price Revenue Share Fixed-price revenue share rose to 50% of total revenue in 2025, increasing performance risk exposure assumed.

Risk Factors

Federal Spending Uncertainty Risks Failure of Congress to approve appropriations could delay funding, reduce revenue, and negatively impact cash flow.
Contract Termination Exposure Government clients issued termination notices in 2025, leading to revenue loss and potential damage to client relationships.
Cybersecurity System Disruption Continuous evolving cyber threats risk critical system disruptions, unauthorized access, and unexpected remediation costs.
Fixed-Price Cost Overruns Inability to accurately estimate or control costs on 50% fixed-price contracts risks margin compression or outright losses.

Outlook

Strategy Focus: Commercial Expansion Plan to pursue profitable commercial projects, focusing on energy and air transport markets for revenue growth.
Strengthen Technology Offerings Deploying advanced offerings including the proprietary ICF Fathom AI platform acquired since 2020 investments.
Pursue Larger Prime Contracts Strategy emphasizes targeting larger, longer-term engagements through enhanced brand recognition and strategic positioning.
Selective Strategic Acquisitions Augment organic growth via selective acquisitions to gain capabilities, increase market presence, and obtain new clients.

Peer Comparison

Revenue (TTM)

ZIM stock ticker logoZIM
$6.90B
-18.1%
ARCB stock ticker logoARCB
$4.01B
-4.0%
ENR stock ticker logoENR
$3.00B
+3.4%

Gross Margin (Latest Quarter)

DAC stock ticker logoDAC
81.8%
+1.3pp
NSSC stock ticker logoNSSC
58.6%
+0.7pp
PBI stock ticker logoPBI
55.1%
+0.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ZIM$3.25B6.812.1%52.1%
KMT$2.91B26.78.6%24.8%
DAC$1.95B4.013.6%22.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.1%
Flat Growth
4Q Net Income CAGR
-13.6%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:Apr 29, 2026
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LTM
No Data