(ICFI) ICF International - Overview
Sector: Industrials | Industry: Consulting Services | Exchange: NASDAQ (USA) | Market Cap: 1.248m USD | Total Return: -17.6% in 12m
Avg Turnover: 31.8M
EPS Trend: 38.5%
Qual. Beats: 0
Rev. Trend: -45.7%
Qual. Beats: -1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
ICF International (ICFI) is a specialized consulting and technology services provider serving federal, state, and local governments alongside commercial clients. The firm operates at the intersection of public policy and technical implementation, focusing on high-growth sectors such as energy efficiency, climate resilience, digital modernization, and public health. Founded in 1969 and headquartered in Reston, Virginia, the company transitioned from a traditional consultancy to a diversified services model that integrates data analytics and cybersecurity into its core offerings.
The business model relies heavily on long-term government contracts, which often provide predictable revenue streams and high barriers to entry due to required security clearances and technical certifications. In the Research & Consulting Services sub-industry, firms like ICFI benefit from increased legislative spending on infrastructure and environmental sustainability initiatives. Detailed financial metrics and valuation trends for this stock are available on ValueRay for those conducting further due diligence. The company’s portfolio is currently balanced between disaster recovery planning, international development, and strategic communications for civilian agencies.
- U.S. federal agency digital modernization contracts drive long-term organic revenue growth
- Rising investment in climate resilience and decarbonization boosts high-margin energy consulting
- Federal budget volatility and government shutdown risks impact short-term billable hours
- Expansion into state-level disaster recovery programs diversifies public sector revenue streams
- Tight labor market for specialized technical consultants increases operating costs and turnover
| Net Income: 85.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.13 > 1.0 |
| NWC/Revenue: 9.30% < 20% (prev 6.42%; Δ 2.87% < -1%) |
| CFO/TA 0.08 > 3% & CFO 171.8m > Net Income 85.3m |
| Net Debt (741.9m) to EBITDA (198.5m): 3.74 < 3 |
| Current Ratio: 1.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (18.3m) vs 12m ago -1.43% < -2% |
| Gross Margin: 35.67% > 18% (prev 0.37%; Δ 3.53k% > 0.5%) |
| Asset Turnover: 88.31% > 50% (prev 97.01%; Δ -8.70% > 0%) |
| Interest Coverage Ratio: 4.70 > 6 (EBITDA TTM 198.5m / Interest Expense TTM 30.2m) |
| A: 0.08 (Total Current Assets 524.4m - Total Current Liabilities 355.0m) / Total Assets 2.05b |
| B: 0.47 (Retained Earnings 974.0m / Total Assets 2.05b) |
| C: 0.07 (EBIT TTM 142.0m / Avg Total Assets 2.06b) |
| D: 0.94 (Book Value of Equity 960.0m / Total Liabilities 1.02b) |
| Altman-Z'' = 3.54 = A |
| DSRI: 0.57 (Receivables 240.0m/465.5m, Revenue 1.82b/2.01b) |
| GMI: 1.03 (GM 35.67% / 36.71%) |
| AQI: 1.00 (AQ_t 0.67 / AQ_t-1 0.67) |
| SGI: 0.91 (Revenue 1.82b / 2.01b) |
| TATA: -0.04 (NI 85.3m - CFO 171.8m) / TA 2.05b) |
| Beneish M = -3.47 (Cap -4..+1) = AA |
As of May 29, 2026, the stock is trading at USD 69.26 with a total of 255,172 shares traded.
Over the past week, the price has changed by +1.07%,
over one month by +2.62%,
over three months by -16.51% and
over the past year by -17.60%.
ICF International has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy ICFI.
- StrongBuy: 2
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 105.3 | 52% |
P/E Trailing = 14.8877
P/E Forward = 9.7561
P/S = 0.6846
P/B = 1.2093
P/EG = 1.881
Revenue TTM = 1.82b USD
EBIT TTM = 142.0m USD
EBITDA TTM = 198.5m USD
Long Term Debt = 439.2m USD (from longTermDebt, last quarter)
Short Term Debt = 21.5m USD (from shortTermDebt, last fiscal year)
Debt = 745.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 163.1m
Net Debt = 741.9m USD (calculated: Debt 745.8m - CCE 3.88m)
Enterprise Value = 1.99b USD (1.25b + Debt 745.8m - CCE 3.88m)
Interest Coverage Ratio = 4.70 (Ebit TTM 142.0m / Interest Expense TTM 30.2m)
EV/FCF = 13.20x (Enterprise Value 1.99b / FCF TTM 150.7m)
FCF Yield = 7.57% (FCF TTM 150.7m / Enterprise Value 1.99b)
FCF Margin = 8.27% (FCF TTM 150.7m / Revenue TTM 1.82b)
Net Margin = 4.68% (Net Income TTM 85.3m / Revenue TTM 1.82b)
Gross Margin = 35.67% ((Revenue TTM 1.82b - Cost of Revenue TTM 1.17b) / Revenue TTM)
Gross Margin QoQ = 35.13% (prev 32.43%)
Tobins Q-Ratio = 0.97 (Enterprise Value 1.99b / Total Assets 2.05b)
Interest Expense / Debt = 4.05% (Interest Expense 30.2m / Debt 745.8m)
Taxrate = 25.07% (6.87m / 27.4m)
NOPAT = 106.4m (EBIT 142.0m * (1 - 25.07%))
Current Ratio = 1.48 (Total Current Assets 524.4m / Total Current Liabilities 355.0m)
Debt / Equity = 0.72 (Debt 745.8m / totalStockholderEquity, last quarter 1.03b)
Debt / EBITDA = 3.74 (Net Debt 741.9m / EBITDA 198.5m)
Debt / FCF = 4.92 (Net Debt 741.9m / FCF TTM 150.7m)
Total Stockholder Equity = 1.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.13% (Net Income 85.3m / Total Assets 2.05b)
RoE = 8.35% (Net Income TTM 85.3m / Total Stockholder Equity 1.02b)
RoCE = 9.72% (EBIT 142.0m / Capital Employed (Equity 1.02b + L.T.Debt 439.2m))
RoIC = 6.19% (NOPAT 106.4m / Invested Capital 1.72b)
WACC = 5.77% (E(1.25b)/V(1.99b) * Re(7.41%) + D(745.8m)/V(1.99b) * Rd(4.05%) * (1-Tc(0.25)))
Discount Rate = 7.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.67 | Cagr: -1.60%
[DCF] Terminal Value 77.97% ; FCFF base≈142.0m ; Y1≈162.8m ; Y5≈239.5m
[DCF] Fair Price = 158.1 (EV 3.60b - Net Debt 741.9m = Equity 2.86b / Shares 18.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 38.47 | EPS CAGR: 3.25% | SUE: -0.30 | # QB: 0
Revenue Correlation: -45.73 | Revenue CAGR: -1.53% | SUE: -0.92 | # QB: -1
EPS current Quarter (2026-06-30): EPS=1.65 | Chg30d=-3.18% | Revisions=-50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.99 | Chg30d=+2.81% | Revisions=+25% | Analysts=5
EPS current Year (2026-12-31): EPS=7.02 | Chg30d=-0.06% | Revisions=+33% | GrowthEPS=+3.7% | GrowthRev=+1.8%
EPS next Year (2027-12-31): EPS=7.68 | Chg30d=+0.31% | Revisions=+25% | GrowthEPS=+9.4% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: -50%