← Back to All US Stocks

ICFI Stock Analysis 2026 - ICF International, Inc. AI Rating

ICFI Nasdaq Services-Management Consulting Services DE CIK: 0001362004
Recently Updated • Analysis: Apr 11, 2026 • SEC Data: 2025-12-31
HOLD
58% Conf
Pending
Analysis scheduled

📊 ICFI Key Takeaways

Revenue: $1.9B
Net Margin: 4.9%
Free Cash Flow: $120.2M
Current Ratio: 1.27x
Debt/Equity: 0.39x
EPS: $4.95
AI Rating: HOLD with 58% confidence

Is ICFI a Good Investment? Thesis Analysis

Claude

ICF exhibits strong cash flow generation and conservative balance sheet fundamentals, but the massive 6174% revenue growth coupled with flat net income growth raises serious profitability concerns, suggesting acquisition integration challenges or structural margin compression. The 4.9% net margin is notably low for management consulting services, and deteriorating EPS despite flat earnings indicates shareholder dilution.

Why Buy ICFI? Key Strengths

Claude
  • + Strong free cash flow generation of $120.2M despite profit concerns
  • + Conservative leverage with 0.39x debt-to-equity and 10.2x interest coverage ratio
  • + Healthy operating cash flow of $141.9M demonstrates underlying business quality
  • + Low debt burden relative to assets provides financial flexibility

ICFI Investment Risks to Consider

Claude
  • ! Extreme revenue growth (6174% YoY) with zero net income growth indicates severe profit realization issues
  • ! Net margin of 4.9% is significantly below typical consulting industry standards of 10-15%
  • ! EPS declined 14.9% despite flat net income, indicating material shareholder dilution
  • ! Critically low cash position of $5.3M for a $2.1B asset company creates operational vulnerability
  • ! ROE of 8.9% and ROA of 4.5% suggest poor capital deployment efficiency

Key Metrics to Watch

Claude
  • * Net profit margin recovery trajectory following acquisition integration
  • * Cash flow sustainability and ability to rebuild cash reserves
  • * EPS accretion from revenue growth in subsequent quarters
  • * Organic vs. inorganic revenue breakdown and margin profile by business segment

ICFI Financial Metrics

Revenue
$1.9B
Net Income
$91.6M
EPS (Diluted)
$4.95
Free Cash Flow
$120.2M
Total Assets
$2.1B
Cash Position
$5.3M

💡 AI Analyst Insight

ICF International, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

ICFI Profitability Ratios

Gross Margin N/A
Operating Margin 7.8%
Net Margin 4.9%
ROE 8.9%
ROA 4.5%
FCF Margin 6.4%

ICFI vs Default Sector

How ICF International, Inc. compares to Default sector averages

Net Margin
ICFI 4.9%
vs
Sector Avg 12.0%
ICFI Sector
ROE
ICFI 8.9%
vs
Sector Avg 15.0%
ICFI Sector
Current Ratio
ICFI 1.3x
vs
Sector Avg 1.8x
ICFI Sector
Debt/Equity
ICFI 0.4x
vs
Sector Avg 0.7x
ICFI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is ICFI Overvalued or Undervalued?

Based on fundamental analysis, ICF International, Inc. has mixed fundamental signals relative to the Default sector in 2026.

Return on Equity
8.9%
Sector avg: 15%
Net Profit Margin
4.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.39x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

ICFI Balance Sheet & Liquidity

Current Ratio
1.27x
Quick Ratio
1.27x
Debt/Equity
0.39x
Debt/Assets
49.8%
Interest Coverage
10.19x
Long-term Debt
$401.4M

ICFI 5-Year Financial Trend & Growth Analysis

ICFI 5-year financial data: Year 2021: Revenue $1.6B, Net Income $68.9M, EPS $3.59. Year 2022: Revenue $1.8B, Net Income $55.0M, EPS $2.87. Year 2023: Revenue $2.0B, Net Income $71.1M, EPS $3.72. Year 2024: Revenue $2.0B, Net Income $64.2M, EPS $3.38. Year 2025: Revenue $2.0B, Net Income $82.6M, EPS $4.35.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: ICF International, Inc.'s revenue has grown significantly by 30% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.35 reflects profitable operations.

ICFI Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
6.4%
Free cash flow / Revenue

ICFI Quarterly Performance

Quarterly financial performance data for ICF International, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $465.4M $23.7M $1.28
Q2 2025 $476.2M $23.7M $1.28
Q1 2025 $487.6M $26.9M $1.44
Q3 2024 $501.5M $16.4M $1.25
Q1 2024 $483.3M $16.4M $0.87
Q3 2023 $467.8M $19.1M $1.01
Q2 2023 $423.1M $18.4M $0.97
Q1 2023 $413.5M $16.4M $0.87

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

ICFI Capital Allocation

Operating Cash Flow
$141.9M
Cash generated from operations
Stock Buybacks
$55.3M
Shares repurchased (TTM)
Capital Expenditures
$21.7M
Investment in assets
Dividends Paid
$10.4M
Returned to shareholders

ICFI SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for ICF International, Inc. (CIK: 0001362004)

📋 Recent SEC Filings

Date Form Document Action
Mar 26, 2026 8-K icfi20260326_8k.htm View →
Mar 24, 2026 4 xslF345X06/doc4.xml View →
Mar 24, 2026 4 xslF345X06/doc4.xml View →
Mar 24, 2026 4 xslF345X06/doc4.xml View →
Mar 24, 2026 4 xslF345X06/doc4.xml View →

Frequently Asked Questions about ICFI

What is the AI rating for ICFI?

ICF International, Inc. (ICFI) has an AI rating of HOLD with 58% confidence, based on fundamental analysis of SEC EDGAR filings.

What are ICFI's key strengths?

Claude: Strong free cash flow generation of $120.2M despite profit concerns. Conservative leverage with 0.39x debt-to-equity and 10.2x interest coverage ratio.

What are the risks of investing in ICFI?

Claude: Extreme revenue growth (6174% YoY) with zero net income growth indicates severe profit realization issues. Net margin of 4.9% is significantly below typical consulting industry standards of 10-15%.

What is ICFI's revenue and growth?

ICF International, Inc. reported revenue of $1.9B.

Does ICFI pay dividends?

ICF International, Inc. pays dividends, with $10.4M distributed to shareholders in the trailing twelve months.

Where can I find ICFI SEC filings?

Official SEC filings for ICF International, Inc. (CIK: 0001362004) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ICFI's EPS?

ICF International, Inc. has a diluted EPS of $4.95.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ICFI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, ICF International, Inc. has a HOLD rating with 58% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ICFI stock overvalued or undervalued?

Valuation metrics for ICFI: ROE of 8.9% (sector avg: 15%), net margin of 4.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ICFI stock in 2026?

Our dual AI analysis gives ICF International, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ICFI's free cash flow?

ICF International, Inc.'s operating cash flow is $141.9M, with capital expenditures of $21.7M. FCF margin is 6.4%.

How does ICFI compare to other Default stocks?

Vs Default sector averages: Net margin 4.9% (avg: 12%), ROE 8.9% (avg: 15%), current ratio 1.27 (avg: 1.8).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 11, 2026 | Data as of: 2025-12-31 | Powered by Claude AI