(ICL) ICL Israel Chemicals - Overview

Exchange: NYSE • Country: Israel • Currency: USD • Type: Common Stock • ISIN: IL0002810146

Stock: Potash, Bromine, Phosphates, Fertilizers, Flame Retardants

Total Rating 33
Risk 99
Buy Signal -0.29

EPS (Earnings per Share)

EPS (Earnings per Share) of ICL over the last years for every Quarter: "2020-12": 0.05, "2021-03": 0.11, "2021-06": 0.11, "2021-09": 0.17, "2021-12": 0.26, "2022-03": 0.51, "2022-06": 0.58, "2022-09": 0.49, "2022-12": 0.28, "2023-03": 0.23, "2023-06": 0.13, "2023-09": 0.11, "2023-12": 0.1, "2024-03": 0.09, "2024-06": 0.1, "2024-09": 0.11, "2024-12": 0.08, "2025-03": 0.09, "2025-06": 0.09, "2025-09": 0.1, "2025-12": 0,

Revenue

Revenue of ICL over the last years for every Quarter: 2020-12: 1317, 2021-03: 1510, 2021-06: 1617, 2021-09: 1790, 2021-12: 2038, 2022-03: 2525, 2022-06: 2880, 2022-09: 2519, 2022-12: 2091, 2023-03: 2098, 2023-06: 1868, 2023-09: 1862, 2023-12: 1690, 2024-03: 1735, 2024-06: 1752, 2024-09: 1753, 2024-12: 1601, 2025-03: 1767, 2025-06: 1832, 2025-09: 1853, 2025-12: null,

Dividends

Dividend Yield 2.81%
Yield on Cost 5y 4.57%
Yield CAGR 5y -28.45%
Payout Consistency 72.3%
Payout Ratio 62.0%
Risk 5d forecast
Volatility 34.4%
Relative Tail Risk -8.37%
Reward TTM
Sharpe Ratio -0.05
Alpha -17.67
Character TTM
Beta 0.669
Beta Downside 0.694
Drawdowns 3y
Max DD 44.57%
CAGR/Max DD -0.13

Description: ICL ICL Israel Chemicals January 06, 2026

I​CL Group Ltd (NYSE:ICL) is a diversified specialty minerals and chemicals producer operating worldwide through four business segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products line extracts bromine from potash by-products and manufactures bromine-based compounds, while the Potash segment supplies potash, salt, magnesium chloride, magnesia, and related by-products such as chlorine and sylvinite. The Phosphate Solutions segment converts raw phosphate into specialty fertilizers, green phosphoric acid, and functional food ingredients. Growing Solutions focuses on nitrogen-based, water-soluble, controlled-release, and bio-stimulant fertilizers, plus digital agronomy platforms.

The company serves a broad customer base across pharmaceuticals, food, oil & gas, de-icing, construction, oral care, paints & coatings, water treatment, electronics, automotive, textiles, tire manufacturing, healthcare, power generation, and battery production. Sales are channeled through a network of marketing companies, agents, and distributors, giving ICL a global reach despite its Israeli headquarters.

Key recent metrics: FY 2023 revenue reached approximately $6.3 billion with an adjusted EBITDA margin near 10 %, reflecting strong pricing power in the potash market (average spot price ≈ $380 / tonne in 2023). Demand drivers include rising global grain production, especially in Brazil and the U.S. Midwest, and the ongoing ESG shift toward higher-efficiency, low-phosphorus fertilizers. ICL’s exposure to electricity generation and battery-grade magnesium positions it to benefit from the accelerating energy transition.

For a deeper quantitative view, check ValueRay’s analyst dashboard for ICL’s valuation multiples and scenario analysis.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 369.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -3.73 > 1.0
NWC/Revenue: 17.38% < 20% (prev 19.83%; Δ -2.44% < -1%)
CFO/TA 0.09 > 3% & CFO 1.16b > Net Income 369.0m
Net Debt (2.33b) to EBITDA (1.33b): 1.74 < 3
Current Ratio: 1.43 > 1.5 & < 3
Outstanding Shares: last quarter (1.29b) vs 12m ago 0.08% < -2%
Gross Margin: 31.94% > 18% (prev 0.33%; Δ 3161 % > 0.5%)
Asset Turnover: 59.22% > 50% (prev 59.96%; Δ -0.74% > 0%)
Interest Coverage Ratio: 3.71 > 6 (EBITDA TTM 1.33b / Interest Expense TTM 221.0m)

Altman Z'' 3.79

A: 0.10 (Total Current Assets 4.05b - Total Current Liabilities 2.82b) / Total Assets 12.26b
B: 0.48 (Retained Earnings 5.91b / Total Assets 12.26b)
C: 0.07 (EBIT TTM 821.0m / Avg Total Assets 11.91b)
D: 1.05 (Book Value of Equity 6.15b / Total Liabilities 5.88b)
Altman-Z'' Score: 3.79 = AA

Beneish M -3.19

DSRI: 0.80 (Receivables 1.42b/1.73b, Revenue 7.05b/6.93b)
GMI: 1.03 (GM 31.94% / 32.91%)
AQI: 1.04 (AQ_t 0.12 / AQ_t-1 0.11)
SGI: 1.02 (Revenue 7.05b / 6.93b)
TATA: -0.06 (NI 369.0m - CFO 1.16b) / TA 12.26b)
Beneish M-Score: -3.19 (Cap -4..+1) = AA

What is the price of ICL shares?

As of February 09, 2026, the stock is trading at USD 5.49 with a total of 720,220 shares traded.
Over the past week, the price has changed by +2.43%, over one month by -1.44%, over three months by -2.85% and over the past year by -6.79%.

Is ICL a buy, sell or hold?

ICL Israel Chemicals has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold ICL.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ICL price?

Issuer Target Up/Down from current
Wallstreet Target Price 6.2 13.5%
Analysts Target Price 6.2 13.5%
ValueRay Target Price 5.5 0.9%

ICL Fundamental Data Overview February 03, 2026

P/E Trailing = 19.1071
P/S = 0.979
P/B = 1.151
P/EG = 9.44
Revenue TTM = 7.05b USD
EBIT TTM = 821.0m USD
EBITDA TTM = 1.33b USD
Long Term Debt = 1.89b USD (from longTermDebt, last quarter)
Short Term Debt = 787.0m USD (from shortTermDebt, last quarter)
Debt = 2.68b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.33b USD (from netDebt column, last quarter)
Enterprise Value = 9.11b USD (6.91b + Debt 2.68b - CCE 476.0m)
Interest Coverage Ratio = 3.71 (Ebit TTM 821.0m / Interest Expense TTM 221.0m)
EV/FCF = 28.75x (Enterprise Value 9.11b / FCF TTM 316.9m)
FCF Yield = 3.48% (FCF TTM 316.9m / Enterprise Value 9.11b)
FCF Margin = 4.49% (FCF TTM 316.9m / Revenue TTM 7.05b)
Net Margin = 5.23% (Net Income TTM 369.0m / Revenue TTM 7.05b)
Gross Margin = 31.94% ((Revenue TTM 7.05b - Cost of Revenue TTM 4.80b) / Revenue TTM)
Gross Margin QoQ = 32.60% (prev 30.24%)
Tobins Q-Ratio = 0.74 (Enterprise Value 9.11b / Total Assets 12.26b)
Interest Expense / Debt = 1.68% (Interest Expense 45.0m / Debt 2.68b)
Taxrate = 30.65% (57.0m / 186.0m)
NOPAT = 569.4m (EBIT 821.0m * (1 - 30.65%))
Current Ratio = 1.43 (Total Current Assets 4.05b / Total Current Liabilities 2.82b)
Debt / Equity = 0.44 (Debt 2.68b / totalStockholderEquity, last quarter 6.13b)
Debt / EBITDA = 1.74 (Net Debt 2.33b / EBITDA 1.33b)
Debt / FCF = 7.34 (Net Debt 2.33b / FCF TTM 316.9m)
Total Stockholder Equity = 5.93b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.10% (Net Income 369.0m / Total Assets 12.26b)
RoE = 6.22% (Net Income TTM 369.0m / Total Stockholder Equity 5.93b)
RoCE = 10.49% (EBIT 821.0m / Capital Employed (Equity 5.93b + L.T.Debt 1.89b))
RoIC = 6.75% (NOPAT 569.4m / Invested Capital 8.44b)
WACC = 6.36% (E(6.91b)/V(9.59b) * Re(8.38%) + D(2.68b)/V(9.59b) * Rd(1.68%) * (1-Tc(0.31)))
Discount Rate = 8.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.03%
[DCF Debug] Terminal Value 81.42% ; FCFF base≈482.1m ; Y1≈381.7m ; Y5≈253.2m
Fair Price DCF = 3.46 (EV 6.79b - Net Debt 2.33b = Equity 4.47b / Shares 1.29b; r=6.36% [WACC]; 5y FCF grow -24.89% → 2.90% )
EPS Correlation: -84.03 | EPS CAGR: -64.69% | SUE: -4.0 | # QB: 0
Revenue Correlation: -74.17 | Revenue CAGR: -2.51% | SUE: 1.95 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.09 | Chg30d=-0.005 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.44 | Chg30d=+0.008 | Revisions Net=+1 | Growth EPS=+21.8% | Growth Revenue=+4.9%

Additional Sources for ICL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle