ICF INTERNATIONAL INC (ICFI) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:ICFI • US44925C1036

87.07 USD
-1.27 (-1.44%)
At close: Feb 6, 2026
87.07 USD
0 (0%)
After Hours: 2/6/2026, 5:20:02 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ICFI. ICFI was compared to 89 industry peers in the Professional Services industry. ICFI has only an average score on both its financial health and profitability. ICFI is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • ICFI had positive earnings in the past year.
  • In the past year ICFI had a positive cash flow from operations.
  • ICFI had positive earnings in each of the past 5 years.
  • In the past 5 years ICFI always reported a positive cash flow from operatings.
ICFI Yearly Net Income VS EBIT VS OCF VS FCFICFI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

1.2 Ratios

  • With a Return On Assets value of 4.68%, ICFI perfoms like the industry average, outperforming 59.55% of the companies in the same industry.
  • ICFI has a Return On Equity (9.65%) which is comparable to the rest of the industry.
  • ICFI has a Return On Invested Capital of 7.41%. This is comparable to the rest of the industry: ICFI outperforms 57.30% of its industry peers.
  • ICFI had an Average Return On Invested Capital over the past 3 years of 6.90%. This is significantly below the industry average of 12.01%.
  • The last Return On Invested Capital (7.41%) for ICFI is above the 3 year average (6.90%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.68%
ROE 9.65%
ROIC 7.41%
ROA(3y)4.17%
ROA(5y)3.93%
ROE(3y)9.25%
ROE(5y)8.79%
ROIC(3y)6.9%
ROIC(5y)6.58%
ICFI Yearly ROA, ROE, ROICICFI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 5.13%, ICFI is in the better half of the industry, outperforming 64.04% of the companies in the same industry.
  • ICFI's Profit Margin has improved in the last couple of years.
  • The Operating Margin of ICFI (7.96%) is better than 66.29% of its industry peers.
  • ICFI's Operating Margin has improved in the last couple of years.
  • ICFI's Gross Margin of 37.23% is in line compared to the rest of the industry. ICFI outperforms 51.69% of its industry peers.
  • ICFI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 7.96%
PM (TTM) 5.13%
GM 37.23%
OM growth 3Y4.76%
OM growth 5Y3.67%
PM growth 3Y6.01%
PM growth 5Y3.2%
GM growth 3Y-0.36%
GM growth 5Y0.56%
ICFI Yearly Profit, Operating, Gross MarginsICFI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

5

2. Health

2.1 Basic Checks

  • ICFI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for ICFI has been reduced compared to 1 year ago.
  • ICFI has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ICFI has been reduced compared to a year ago.
ICFI Yearly Shares OutstandingICFI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
ICFI Yearly Total Debt VS Total AssetsICFI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 2.77 indicates that ICFI is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of ICFI (2.77) is comparable to the rest of the industry.
  • The Debt to FCF ratio of ICFI is 3.27, which is a good value as it means it would take ICFI, 3.27 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ICFI (3.27) is better than 68.54% of its industry peers.
  • A Debt/Equity ratio of 0.45 indicates that ICFI is not too dependend on debt financing.
  • The Debt to Equity ratio of ICFI (0.45) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 3.27
Altman-Z 2.77
ROIC/WACC0.91
WACC8.18%
ICFI Yearly LT Debt VS Equity VS FCFICFI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 1.41 indicates that ICFI should not have too much problems paying its short term obligations.
  • ICFI's Current ratio of 1.41 is in line compared to the rest of the industry. ICFI outperforms 48.31% of its industry peers.
  • A Quick Ratio of 1.41 indicates that ICFI should not have too much problems paying its short term obligations.
  • ICFI has a Quick ratio of 1.41. This is comparable to the rest of the industry: ICFI outperforms 48.31% of its industry peers.
Industry RankSector Rank
Current Ratio 1.41
Quick Ratio 1.41
ICFI Yearly Current Assets VS Current LiabilitesICFI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

3

3. Growth

3.1 Past

  • ICFI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.71%.
  • ICFI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.73% yearly.
  • Looking at the last year, ICFI shows a decrease in Revenue. The Revenue has decreased by -3.81% in the last year.
  • The Revenue has been growing slightly by 6.44% on average over the past years.
EPS 1Y (TTM)1.71%
EPS 3Y14.29%
EPS 5Y11.73%
EPS Q2Q%-11.17%
Revenue 1Y (TTM)-3.81%
Revenue growth 3Y9.16%
Revenue growth 5Y6.44%
Sales Q2Q%-9.98%

3.2 Future

  • The Earnings Per Share is expected to grow by 3.81% on average over the next years.
  • ICFI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.26% yearly.
EPS Next Y-4.31%
EPS Next 2Y0.22%
EPS Next 3Y2.7%
EPS Next 5Y3.81%
Revenue Next Year-7.34%
Revenue Next 2Y-2.53%
Revenue Next 3Y-0.08%
Revenue Next 5Y3.26%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
ICFI Yearly Revenue VS EstimatesICFI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
ICFI Yearly EPS VS EstimatesICFI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8

6

4. Valuation

4.1 Price/Earnings Ratio

  • ICFI is valuated correctly with a Price/Earnings ratio of 12.19.
  • Compared to the rest of the industry, the Price/Earnings ratio of ICFI indicates a rather cheap valuation: ICFI is cheaper than 80.90% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of ICFI to the average of the S&P500 Index (27.92), we can say ICFI is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 12.02, the valuation of ICFI can be described as correct.
  • ICFI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ICFI is cheaper than 77.53% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of ICFI to the average of the S&P500 Index (27.78), we can say ICFI is valued rather cheaply.
Industry RankSector Rank
PE 12.19
Fwd PE 12.02
ICFI Price Earnings VS Forward Price EarningsICFI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 79.78% of the companies in the same industry are more expensive than ICFI, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, ICFI is valued cheaply inside the industry as 84.27% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.39
EV/EBITDA 9.92
ICFI Per share dataICFI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • The decent profitability rating of ICFI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.04
EPS Next 2Y0.22%
EPS Next 3Y2.7%

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.62%, ICFI is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 1.41, ICFI pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.83, ICFI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.62%

5.2 History

  • The dividend of ICFI has a limited annual growth rate of 0.11%.
  • ICFI has been paying a dividend for over 5 years, so it has already some track record.
  • ICFI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.11%
Div Incr Years0
Div Non Decr Years6
ICFI Yearly Dividends per shareICFI Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • ICFI pays out 10.52% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of ICFI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP10.52%
EPS Next 2Y0.22%
EPS Next 3Y2.7%
ICFI Yearly Income VS Free CF VS DividendICFI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
ICFI Dividend Payout.ICFI Dividend Payout, showing the Payout Ratio.ICFI Dividend Payout.PayoutRetained Earnings

ICF INTERNATIONAL INC

NASDAQ:ICFI (2/6/2026, 5:20:02 PM)

After market: 87.07 0 (0%)

87.07

-1.27 (-1.44%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)10-30
Earnings (Next)02-26
Inst Owners99.34%
Inst Owner Change-2.58%
Ins Owners1.4%
Ins Owner Change2.46%
Market Cap1.61B
Revenue(TTM)1.93B
Net Income(TTM)98.84M
Analysts85.45
Price Target108.89 (25.06%)
Short Float %3.17%
Short Ratio4
Dividend
Industry RankSector Rank
Dividend Yield 0.62%
Yearly Dividend0.56
Dividend Growth(5Y)0.11%
DP10.52%
Div Incr Years0
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.41%
Min EPS beat(2)-5.9%
Max EPS beat(2)1.08%
EPS beat(4)2
Avg EPS beat(4)0.73%
Min EPS beat(4)-5.9%
Max EPS beat(4)9.31%
EPS beat(8)6
Avg EPS beat(8)4.84%
EPS beat(12)9
Avg EPS beat(12)4.59%
EPS beat(16)11
Avg EPS beat(16)5.52%
Revenue beat(2)0
Avg Revenue beat(2)-4.85%
Min Revenue beat(2)-6.39%
Max Revenue beat(2)-3.32%
Revenue beat(4)0
Avg Revenue beat(4)-3.29%
Min Revenue beat(4)-6.39%
Max Revenue beat(4)-1.57%
Revenue beat(8)0
Avg Revenue beat(8)-2.63%
Revenue beat(12)1
Avg Revenue beat(12)-1.95%
Revenue beat(16)2
Avg Revenue beat(16)-2%
PT rev (1m)0%
PT rev (3m)2.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.9%
Valuation
Industry RankSector Rank
PE 12.19
Fwd PE 12.02
P/S 0.83
P/FCF 11.39
P/OCF 9.94
P/B 1.57
P/tB N/A
EV/EBITDA 9.92
EPS(TTM)7.14
EY8.2%
EPS(NY)7.24
Fwd EY8.32%
FCF(TTM)7.65
FCFY8.78%
OCF(TTM)8.76
OCFY10.07%
SpS104.42
BVpS55.54
TBVpS-17.18
PEG (NY)N/A
PEG (5Y)1.04
Graham Number94.46
Profitability
Industry RankSector Rank
ROA 4.68%
ROE 9.65%
ROCE 8.96%
ROIC 7.41%
ROICexc 7.43%
ROICexgc 34.7%
OM 7.96%
PM (TTM) 5.13%
GM 37.23%
FCFM 7.32%
ROA(3y)4.17%
ROA(5y)3.93%
ROE(3y)9.25%
ROE(5y)8.79%
ROIC(3y)6.9%
ROIC(5y)6.58%
ROICexc(3y)6.93%
ROICexc(5y)6.61%
ROICexgc(3y)39.19%
ROICexgc(5y)34.68%
ROCE(3y)8.35%
ROCE(5y)7.95%
ROICexgc growth 3Y22.5%
ROICexgc growth 5Y12.7%
ROICexc growth 3Y10.75%
ROICexc growth 5Y1.3%
OM growth 3Y4.76%
OM growth 5Y3.67%
PM growth 3Y6.01%
PM growth 5Y3.2%
GM growth 3Y-0.36%
GM growth 5Y0.56%
F-Score5
Asset Turnover0.91
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 3.27
Debt/EBITDA 2.18
Cap/Depr 36.19%
Cap/Sales 1.07%
Interest Coverage 5.96
Cash Conversion 76.86%
Profit Quality 142.64%
Current Ratio 1.41
Quick Ratio 1.41
Altman-Z 2.77
F-Score5
WACC8.18%
ROIC/WACC0.91
Cap/Depr(3y)41.98%
Cap/Depr(5y)48.13%
Cap/Sales(3y)1.19%
Cap/Sales(5y)1.21%
Profit Quality(3y)169.39%
Profit Quality(5y)183.54%
High Growth Momentum
Growth
EPS 1Y (TTM)1.71%
EPS 3Y14.29%
EPS 5Y11.73%
EPS Q2Q%-11.17%
EPS Next Y-4.31%
EPS Next 2Y0.22%
EPS Next 3Y2.7%
EPS Next 5Y3.81%
Revenue 1Y (TTM)-3.81%
Revenue growth 3Y9.16%
Revenue growth 5Y6.44%
Sales Q2Q%-9.98%
Revenue Next Year-7.34%
Revenue Next 2Y-2.53%
Revenue Next 3Y-0.08%
Revenue Next 5Y3.26%
EBIT growth 1Y-7.82%
EBIT growth 3Y14.35%
EBIT growth 5Y10.34%
EBIT Next Year20.68%
EBIT Next 3Y10.34%
EBIT Next 5Y10.31%
FCF growth 1Y-19.94%
FCF growth 3Y18.46%
FCF growth 5Y18.41%
OCF growth 1Y-19.68%
OCF growth 3Y15.9%
OCF growth 5Y13.42%

ICF INTERNATIONAL INC / ICFI FAQ

Can you provide the ChartMill fundamental rating for ICF INTERNATIONAL INC?

ChartMill assigns a fundamental rating of 5 / 10 to ICFI.


What is the valuation status for ICFI stock?

ChartMill assigns a valuation rating of 6 / 10 to ICF INTERNATIONAL INC (ICFI). This can be considered as Fairly Valued.


How profitable is ICF INTERNATIONAL INC (ICFI) stock?

ICF INTERNATIONAL INC (ICFI) has a profitability rating of 6 / 10.


What is the financial health of ICF INTERNATIONAL INC (ICFI) stock?

The financial health rating of ICF INTERNATIONAL INC (ICFI) is 5 / 10.


What is the expected EPS growth for ICF INTERNATIONAL INC (ICFI) stock?

The Earnings per Share (EPS) of ICF INTERNATIONAL INC (ICFI) is expected to decline by -4.31% in the next year.