Icon Plc Stock Revenue
| ICLR Stock | USD 306.45 8.52 2.86% |
ICON PLC fundamentals help investors to digest information that contributes to ICON PLC's financial success or failures. It also enables traders to predict the movement of ICON Stock. The fundamental analysis module provides a way to measure ICON PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ICON PLC stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 8.1 B | 8.5 B |
ICON | Revenue |
ICON PLC Company Revenue Analysis
ICON PLC's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current ICON PLC Revenue | 8.12 B |
Most of ICON PLC's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ICON PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of ICON
Projected quarterly revenue analysis of ICON PLC provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of ICON PLC match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in ICON PLC's stock price.
ICON Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for ICON PLC is extremely important. It helps to project a fair market value of ICON Stock properly, considering its historical fundamentals such as Revenue. Since ICON PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ICON PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ICON PLC's interrelated accounts and indicators.
| 0.98 | 0.98 | 0.34 | 0.96 | -0.14 | ||
| 0.98 | 1.0 | 0.37 | 0.98 | -0.08 | ||
| 0.98 | 1.0 | 0.34 | 0.98 | -0.11 | ||
| 0.34 | 0.37 | 0.34 | 0.44 | 0.15 | ||
| 0.96 | 0.98 | 0.98 | 0.44 | 0.0 | ||
| -0.14 | -0.08 | -0.11 | 0.15 | 0.0 |
Click cells to compare fundamentals
ICON Revenue Historical Pattern
Today, most investors in ICON PLC Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ICON PLC's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ICON PLC revenue as a starting point in their analysis.
ICON PLC Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
ICON Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, ICON PLC reported 8.12 B of revenue. This is 6.47% higher than that of the Life Sciences Tools & Services sector and significantly higher than that of the Health Care industry. The revenue for all United States stocks is 13.93% higher than that of the company.
ICON Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ICON PLC's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ICON PLC could also be used in its relative valuation, which is a method of valuing ICON PLC by comparing valuation metrics of similar companies.ICON PLC is currently under evaluation in revenue category among related companies.
ICON PLC Current Valuation Drivers
We derive many important indicators used in calculating different scores of ICON PLC from analyzing ICON PLC's financial statements. These drivers represent accounts that assess ICON PLC's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ICON PLC's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.3B | 10.3B | 20.8B | 23.2B | 20.9B | 22.0B | |
| Enterprise Value | 9.2B | 9.9B | 25.6B | 26.8B | 24.1B | 25.3B |
ICON PLC Institutional Holders
Institutional Holdings refers to the ownership stake in ICON PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ICON PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ICON PLC's value.| Shares | Comgest Global Investors Sas | 2023-12-31 | 1.5 M | Alliancebernstein L.p. | 2023-12-31 | 1.5 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 1.5 M | Citadel Advisors Llc | 2023-09-30 | 1.5 M | Goldman Sachs Group Inc | 2023-12-31 | 1.5 M | American Century Companies Inc | 2023-12-31 | 1.4 M | Clearbridge Advisors, Llc | 2023-12-31 | 1.3 M | Sustainable Growth Advisers, Lp | 2023-12-31 | 1.3 M | Polen Capital | 2023-12-31 | 1.2 M | Wcm Investment Management | 2023-12-31 | 6.9 M | Massachusetts Financial Services Company | 2023-12-31 | 5.5 M |
ICON Fundamentals
| Return On Equity | 0.069 | ||||
| Return On Asset | 0.0383 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 29.09 B | ||||
| Shares Outstanding | 82.5 M | ||||
| Shares Owned By Insiders | 0.65 % | ||||
| Shares Owned By Institutions | 99.35 % | ||||
| Number Of Shares Shorted | 1.58 M | ||||
| Price To Earning | 33.93 X | ||||
| Price To Book | 2.73 X | ||||
| Price To Sales | 3.11 X | ||||
| Revenue | 8.12 B | ||||
| Gross Profit | 2.22 B | ||||
| EBITDA | 1.69 B | ||||
| Net Income | 612.34 M | ||||
| Cash And Equivalents | 616.63 M | ||||
| Cash Per Share | 7.56 X | ||||
| Total Debt | 3.94 B | ||||
| Debt To Equity | 0.64 % | ||||
| Current Ratio | 1.18 X | ||||
| Book Value Per Share | 112.02 X | ||||
| Cash Flow From Operations | 1.16 B | ||||
| Short Ratio | 2.83 X | ||||
| Earnings Per Share | 7.40 X | ||||
| Price To Earnings To Growth | 1.17 X | ||||
| Target Price | 352.38 | ||||
| Number Of Employees | 41.1 K | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 25.53 B | ||||
| Total Asset | 16.99 B | ||||
| Retained Earnings | 2.43 B | ||||
| Working Capital | 585.86 M | ||||
| Current Asset | 130.22 M | ||||
| Current Liabilities | 57.3 M | ||||
| Net Asset | 16.99 B |
About ICON PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ICON PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ICON PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ICON PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
ICON PLC Investors Sentiment
The influence of ICON PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ICON. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ICON PLC's public news can be used to forecast risks associated with an investment in ICON. The trend in average sentiment can be used to explain how an investor holding ICON can time the market purely based on public headlines and social activities around ICON PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ICON PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ICON PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ICON PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ICON PLC.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ICON PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ICON PLC's short interest history, or implied volatility extrapolated from ICON PLC options trading.
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Try AI Portfolio ArchitectCheck out ICON PLC Piotroski F Score and ICON PLC Altman Z Score analysis. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for ICON Stock analysis
When running ICON PLC's price analysis, check to measure ICON PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PLC is operating at the current time. Most of ICON PLC's value examination focuses on studying past and present price action to predict the probability of ICON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PLC's price. Additionally, you may evaluate how the addition of ICON PLC to your portfolios can decrease your overall portfolio volatility.
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Is ICON PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICON PLC. If investors know ICON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICON PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.816 | Earnings Share 7.4 | Revenue Per Share 98.904 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0383 |
The market value of ICON PLC is measured differently than its book value, which is the value of ICON that is recorded on the company's balance sheet. Investors also form their own opinion of ICON PLC's value that differs from its market value or its book value, called intrinsic value, which is ICON PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICON PLC's market value can be influenced by many factors that don't directly affect ICON PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICON PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICON PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICON PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.