ICL Group Ltd (ICL) Key Metrics
ICL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.41B
- Enterprise value
- $9.55B
- P/E (TTM)
- 20.7 10-yr median 14.2
- Forward P/E
- 55.6
- PEG ratio
- 9.44
- Price / sales
- 0.8 10-yr median 1.0
- Price / book
- 1.1 10-yr median 1.7
- EV / EBITDA
- 7.0 10-yr median 7.2
- Dividend yield
- 4.23% $0.21 a year
- Beta
- 1.05
ICL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsICL valuation Price multiples at each fiscal year-end price.
ICL returns How much profit the business earns on the capital it uses.
ICL per-share figures Results divided by the shares outstanding at year-end.
ICL financial health Debt, liquidity and how easily interest is covered.
ICL efficiency & capital use Working capital cycle and where the cash goes.
ICL valuation history
ICL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ICL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ICL cash returned to shareholders
ICL price vs earnings per share
ICL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.37B | $6.37B | $6.47B | $9.43B | $12.45B | $6.47B | $6.14B | $7.24B | $5.16B | $5.24B |
| Enterprise value | $9.63B | $8.22B | $8.56B | $11.75B | $14.89B | $8.88B | $8.55B | $9.46B | $8.20B | $8.50B |
| P/E ratio | 32.6 | 15.7 | 10.0 | 4.4 | 15.9 | 587.8 | 12.9 | 5.8 | 14.2 | — |
| Price / sales | 1.0 | 0.9 | 0.9 | 0.9 | 1.8 | 1.3 | 1.2 | 1.3 | 1.0 | 1.0 |
| Price / book | 1.2 | 1.1 | 1.1 | 1.7 | 2.7 | 1.6 | 1.6 | 1.9 | 1.8 | 2.0 |
| Price / free cash flow | 56.7 | 9.8 | 7.9 | 7.4 | 27.4 | 36.3 | 14.8 | 150.9 | 13.2 | 15.7 |
| Price / operating cash flow | 7.7 | 4.7 | 4.1 | 4.7 | 11.7 | 8.0 | 6.2 | 11.7 | 6.1 | 5.4 |
| EV / sales | 1.3 | 1.2 | 1.1 | 1.2 | 2.1 | 1.8 | 1.6 | 1.7 | 1.5 | 1.6 |
| EV / EBITDA | 7.1 | 6.0 | 5.1 | 2.9 | 8.8 | 14.0 | 7.3 | 4.8 | 8.3 | 20.6 |
| EV / free cash flow | 74.1 | 12.7 | 10.5 | 9.2 | 32.8 | 49.9 | 20.6 | 197.0 | 21.0 | 25.5 |
| Earnings yield | 3.1% | 6.4% | 10.0% | 22.9% | 6.3% | 0.2% | 7.7% | 17.1% | 7.1% | −2.3% |
| Free cash flow yield | 1.8% | 10.2% | 12.6% | 13.6% | 3.6% | 2.8% | 6.8% | 0.7% | 7.6% | 6.4% |
| Dividend yield | 3.0% | 4.8% | 7.6% | 12.4% | 2.2% | 1.8% | 4.4% | 3.3% | 4.6% | 3.1% |
| Shareholder yield (dividends + buybacks) | 3.0% | 4.8% | 7.6% | 12.4% | 2.2% | 1.8% | 4.4% | 3.3% | 4.6% | 3.1% |
| Share price at fiscal year-end | $5.71 | $4.94 | $5.01 | $7.31 | $9.67 | $5.05 | $4.79 | $5.66 | $4.04 | $4.11 |
| Per share | ||||||||||
| Revenue per share | $5.54 | $5.30 | $5.84 | $7.76 | $5.40 | $3.94 | $4.11 | $4.34 | $4.24 | $4.21 |
| Earnings per share | $0.18 | $0.32 | $0.50 | $1.67 | $0.61 | $0.01 | $0.37 | $0.97 | $0.29 | −$0.10 |
| Operating cash flow per share | $0.74 | $1.06 | $1.24 | $1.57 | $0.83 | $0.63 | $0.77 | $0.48 | $0.66 | $0.76 |
| Free cash flow per share | $0.10 | $0.50 | $0.63 | $0.99 | $0.35 | $0.14 | $0.32 | $0.04 | $0.31 | $0.26 |
| Cash per share | $0.38 | $0.34 | $0.46 | $0.39 | $0.44 | $0.25 | $0.15 | $0.17 | $0.14 | $0.09 |
| Book value per share | $4.63 | $4.44 | $4.47 | $4.24 | $3.52 | $3.07 | $3.06 | $2.95 | $2.24 | $2.02 |
| Tangible book value per share | $3.89 | $3.76 | $3.79 | $3.58 | $2.84 | $2.55 | $2.57 | $2.36 | $1.60 | $1.39 |
| Dividends per share | $0.17 | $0.24 | $0.38 | $0.90 | $0.21 | $0.09 | $0.21 | $0.19 | $0.19 | $0.13 |
| Capex per share | $0.64 | $0.55 | $0.60 | $0.58 | $0.47 | $0.49 | $0.45 | $0.45 | $0.36 | $0.50 |
| Debt per share | $2.13 | $1.78 | $2.08 | $2.19 | $2.34 | $2.13 | $2.03 | $1.89 | $2.51 | $2.66 |
| Shares outstanding | 1.29B | 1.29B | 1.29B | 1.29B | 1.29B | 1.28B | 1.28B | 1.28B | 1.28B | 1.27B |
| Change in shares outstanding | +0.1% | −0.0% | +0.1% | +0.2% | +0.5% | −0.1% | +0.2% | +0.2% | +0.2% | +0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 3.9% | 7.1% | 11.5% | 43.2% | 18.5% | 0.3% | 12.3% | 37.3% | 13.4% | −4.4% |
| Return on invested capital (ROIC) | 5.6% | 7.3% | 10.3% | 31.1% | 13.8% | 1.6% | 9.4% | 23.1% | 7.4% | −0.0% |
| Return on assets (ROA) | 1.9% | 3.5% | 5.5% | 18.9% | 7.5% | 0.1% | 5.3% | 14.2% | 4.2% | −1.4% |
| Return on tangible assets | 2.0% | 3.9% | 6.0% | 19.8% | 7.7% | 0.1% | 5.6% | 15.5% | 4.6% | −1.6% |
| Free cash flow margin | 1.8% | 9.5% | 10.8% | 12.8% | 6.5% | 3.5% | 7.9% | 0.9% | 7.2% | 6.2% |
| Income quality (OCF / net income) | 4.22 | 3.35 | 2.47 | 0.94 | 1.36 | 73.09 | 2.09 | 0.50 | 2.33 | — |
| Financial health | ||||||||||
| Total debt | $2.76B | $2.29B | $2.69B | $2.82B | $3.01B | $2.73B | $2.60B | $2.42B | $3.21B | $3.38B |
| Cash & short-term investments | $496.0M | $442.0M | $592.0M | $508.0M | $564.0M | $314.0M | $191.0M | $213.0M | $173.0M | $116.0M |
| Net debt | $2.26B | $1.85B | $2.10B | $2.32B | $2.45B | $2.42B | $2.41B | $2.21B | $3.04B | $3.27B |
| Debt / equity | 0.46 | 0.40 | 0.47 | 0.52 | 0.67 | 0.70 | 0.66 | 0.64 | 1.12 | 1.31 |
| Debt / assets | 0.22 | 0.20 | 0.23 | 0.24 | 0.27 | 0.28 | 0.28 | 0.28 | 0.37 | 0.40 |
| Net debt / EBITDA | 1.67 | 1.34 | 1.25 | 0.57 | 1.45 | 3.81 | 2.05 | 1.12 | 3.06 | 7.91 |
| Current ratio | 1.33 | 1.54 | 1.53 | 1.75 | 1.50 | 1.31 | 1.52 | 1.39 | 1.17 | 1.27 |
| Quick ratio | 0.71 | 0.84 | 0.88 | 0.93 | 0.90 | 0.73 | 0.78 | 0.74 | 0.64 | 0.64 |
| Interest coverage | 2.4 | 5.1 | 7.1 | 25.5 | 11.2 | 2.0 | 6.9 | 16.0 | 6.6 | -0.0 |
| Working capital | $1.03B | $1.26B | $1.40B | $1.94B | $1.30B | $664.0M | $923.0M | $779.0M | $397.0M | $548.0M |
| Invested capital | $8.24B | $7.58B | $7.86B | $7.78B | $6.98B | $6.35B | $6.33B | $5.99B | $5.90B | $5.84B |
| Tangible asset value | $5.29B | $5.12B | $5.16B | $4.86B | $3.87B | $3.42B | $3.43B | $3.16B | $2.12B | $1.86B |
| Net current asset value | −$2.01B | −$1.75B | −$1.56B | −$1.49B | −$2.44B | −$2.73B | −$2.43B | −$2.07B | −$3.06B | −$3.32B |
| Graham number | $4.27 | $5.61 | $7.10 | $12.63 | $6.94 | $0.77 | $5.05 | $8.03 | $3.79 | — |
| Graham net-net per share | −$2.70 | −$2.31 | −$2.27 | −$2.40 | −$2.90 | −$2.90 | −$2.67 | −$2.38 | −$3.26 | −$3.36 |
| Capital allocation | ||||||||||
| Dividends paid | $224.0M | $308.0M | $489.0M | $1.17B | $276.0M | $118.0M | $273.0M | $241.0M | $237.0M | $162.0M |
| Dividend payout ratio | 99.1% | 75.7% | 75.6% | 54.0% | 35.2% | — | 57.5% | 19.4% | 65.1% | — |
| Dividends + buybacks / free cash flow | 172.3% | 47.4% | 60.0% | 91.2% | 60.8% | 66.3% | 65.6% | 502.1% | 60.8% | 48.5% |
| Capex / revenue | 11.5% | 10.4% | 10.4% | 7.5% | 8.8% | 12.4% | 10.9% | 10.3% | 8.4% | 11.8% |
| Capex / operating cash flow | 86.4% | 52.3% | 48.9% | 36.9% | 57.4% | 77.9% | 58.1% | 92.3% | 54.0% | 65.4% |
| Capex / depreciation | 1.34 | 1.20 | 1.46 | 1.50 | 1.25 | 1.28 | 1.30 | 1.42 | 1.17 | 1.58 |
| Stock-based compensation / revenue | — | — | 0.1% | 0.1% | −2.8% | 3.1% | 0.2% | 0.3% | 0.3% | 0.3% |
| R&D / revenue | 1.0% | 1.0% | 0.9% | 0.7% | 0.9% | 1.1% | 0.9% | 1.0% | 1.0% | 1.4% |
| SG&A / revenue | 19.8% | 20.0% | 18.0% | 14.7% | 19.3% | 21.1% | 19.4% | 4.6% | 18.6% | 19.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 78.7 | 82.1 | 83.4 | 63.8 | 76.2 | 85.3 | 81.8 | 77.1 | 76.2 | 82.8 |
| Days of inventory on hand | 130.8 | 132.5 | 143.9 | 135.7 | 118.5 | 131.6 | 137.5 | 124.0 | 121.5 | 129.7 |
| Days payables outstanding | 79.3 | 76.2 | 71.9 | 75.8 | 75.8 | 74.6 | 75.4 | 74.2 | 69.9 | 67.0 |
| Cash conversion cycle (days) | 130.2 | 138.4 | 155.4 | 123.7 | 118.9 | 142.3 | 143.9 | 126.9 | 127.8 | 145.5 |
| Receivables turnover | 4.64 | 4.45 | 4.38 | 5.72 | 4.79 | 4.28 | 4.46 | 4.73 | 4.79 | 4.41 |
| Payables turnover | 4.60 | 4.79 | 5.07 | 4.81 | 4.82 | 4.89 | 4.84 | 4.92 | 5.22 | 5.45 |
| Inventory turnover | 2.79 | 2.75 | 2.54 | 2.69 | 3.08 | 2.77 | 2.65 | 2.94 | 3.01 | 2.81 |
| Asset turnover | 0.60 | 0.60 | 0.64 | 0.88 | 0.67 | 0.54 | 0.59 | 0.64 | 0.63 | 0.61 |
| Average receivables | $1.54B | $1.54B | $1.72B | $1.75B | $1.45B | $1.18B | $1.18B | $1.17B | $1.13B | $1.22B |
| Average payables | $1.08B | $957.0M | $959.0M | $1.03B | $902.0M | $726.0M | $713.5M | $752.5M | $717.0M | $680.0M |
| Average inventory | $1.78B | $1.66B | $1.92B | $1.85B | $1.41B | $1.28B | $1.30B | $1.26B | $1.25B | $1.32B |
| Intangibles / total assets | 7.7% | 7.7% | 7.5% | 7.3% | 7.8% | 6.9% | 6.9% | 8.7% | 9.3% | 9.3% |
Computed from ICL's annual financial statements (latest annual report filed March 11, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ICL valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), ICL traded at 32.6 times earnings, against a 10-year median of 14.2. Based on the latest twelve months, the trailing P/E is 20.7 and the forward P/E is 55.6. ICL earned a return on equity of 3.9% and a return on invested capital of 5.6% in fiscal 2025. It ended the year with $2.8 billion of debt and $496.0 million in cash and short-term investments, net debt of $2.3 billion. It returned $224.0 million to shareholders: $224.0 million in dividends and $0 in share buybacks, 172% of free cash flow.
See the ICL income statement, the ICL chart for price history, or the ICL stock overview for the latest quote and news.
ICL key metrics FAQ
What is ICL's P/E ratio?
ICL's trailing P/E ratio is 20.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 55.6. At the end of fiscal 2025 it was 32.6, compared with a 10-year median of 14.2.
What is ICL's EV/EBITDA?
ICL's enterprise value was 7.1 times EBITDA at the end of fiscal 2025 (enterprise value $9.6 billion, EBITDA $1.4 billion); the current EV/EBITDA is 7.0.
What is ICL's return on equity?
ICL's return on equity (ROE) was 3.9% in fiscal 2025: net income of $226.0 million on average shareholders' equity of $5.9 billion.
What is ICL's ROIC?
ICL's return on invested capital was 5.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does ICL have?
ICL had total debt of $2.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and $2.3 billion of net debt (1.67 times EBITDA).
What is ICL's dividend yield?
ICL's forward dividend yield is 4.23%. ICL paid $224.0 million in dividends in fiscal 2025 ($0.17 per share), a payout ratio of 99.1%.
What is ICL's free cash flow yield?
ICL generated $130.0 million of free cash flow in fiscal 2025, a free cash flow yield of 1.8% on its market value at year-end ($7.4 billion).
What is ICL's current ratio?
ICL's current ratio was 1.33 at the end of fiscal 2025: current assets were 1.33 times current liabilities.