ICF International, Inc. (ICFI) AI Stock Analysis

ICF International, Inc. provides consulting and implementation services to government and commercial clients across sectors including energy, environment, infrastructure, and health. The company delivers management, marketing, technology, and policy consulting to address complex societal and operational challenges. ICF conducts research, policy analysis, survey research, and data collection to supply actionable business intelligence. Its capabilities include modernizing IT systems, designing technology business tools, and delivering cybersecurity solutions to safeguard infrastructure. Additionally, ICF offers customer experience optimization, public relations, branding, and multichannel communication services.

ICFI grew annual revenue from $1.55B in FY2021 to $2.02B in FY2024 before revenue declined 7.3% to $1.87B in FY2025. Over the 5-year period from FY2020 to FY2025, revenue grew at a compound annual growth rate of 4.4%. Net income rose from $71.1M in FY2021 to a peak of $110.2M in FY2024, followed by $91.6M in FY2025, delivering an operating margin of 8.1%. For the latest quarter ended June 30, 2026, quarterly revenue fell 0.3% year-over-year, while quarterly earnings grew 16.4%. Trailing twelve-month revenue stood at $1.82B with a net profit margin of 4.9% and diluted EPS of $4.83.

As of June 30, 2026, ICF International held $4.6M in cash and short-term investments against total debt of $564.8M, resulting in net debt of $560.1M. Shareholders' equity was $1.05B, reflecting a debt-to-equity ratio of 0.54 and a current ratio of 1.39. In FY2025, the company generated $141.9M in operating cash flow and $120.2M in free cash flow. Capital allocation in FY2025 included $21.7M for capital expenditures, $55.3M directed to share buybacks, and $10.4M paid in dividends.

ICFI has a market capitalization of $1.60B and an enterprise value of $2.06B. It trades at a trailing P/E of 18.5x and a forward P/E of 10.9x, both below the medians of its US-listed Industrials peers at 24.8x and 17.2x, respectively. The company's EV-to-EBITDA multiple is 10.5x compared to the peer median of 13.9x. Over the past year, ICFI returned 4.1%, trailing the S&P 500 (SPY) return of 16.8%. Over a 5-year span, the stock fell 6.2%, while the S&P 500 gained 83.0%.

ICFI pays an annualized forward dividend of $0.56 per share, yielding 0.63% as of October 16, 2026. The company maintains a payout ratio of 8.6% and distributes dividends quarterly. ICF International has paid dividends for 9 consecutive years, though its 5-year annualized dividend growth rate is 0.0%. The most recent ex-dividend date was September 4, 2026.

Wall Street coverage consists of 3 Strong Buy, 1 Buy, and 1 Hold ratings, with zero Sell or Strong Sell ratings. The mean price target is $107.25, representing a 19.9% premium over the last close of $89.43. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.90B and EPS of $7.11, representing 5.0% earnings growth. Over the last four quarters, the company beat EPS estimates 1 time. The next earnings date is November 5, 2026.

This page is an AI-written research summary of ICF International, Inc. (ICFI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ICFI income statement, ICFI balance sheet, ICFI key metrics, ICFI analyst forecast, ICFI chart. See the ICFI stock overview for the latest quote and news.