ICFI ICF International, Inc. - Common Stock

NASDAQ · Professional Services · View on SEC EDGAR ↗
$90.30
Price · Aug 20, 2026
Fundamentals as of Aug 6, 2026

About ICF International, Inc. - Common Stock Company overview from Wikipedia

ICF International, Inc. is an American publicly traded consulting and technology services company based in Reston, Virginia.

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ICF International, Inc. is an American publicly traded consulting and technology services company based in Reston, Virginia.

The company was founded in 1969, and as of 2019, had US $1.48 billion in revenue, with approximately 9,000 full and part time employees in more than 90 offices.

History

1969–2006: Early history

ICF was founded in 1969 as the Inner City Fund. Its first president was Clarence D. Lester, a Tuskegee Airman, who was joined by three U.S. Department of Defense analysts. As a venture capital firm, Inner City Fund sought to finance and help minority-owned businesses win government contracts.

The company reorganized as a consulting firm and renamed itself ICF Incorporated. The firm transitioned from venture capital to consulting on energy issues for U.S. federal agencies, which was the company's main focus throughout the 1970s and into the 1980s.

ICF acquired Kaiser Engineering in 1988 and went public in 1989. The combined company became known as ICF Kaiser. Under this banner, the company worked in consulting, engineering and construction services. ICF and Kaiser split in 1999 when an investment group bought the consulting business for about $70 million.

In 2006, the consultancy was renamed ICF International and in September that year, the company went public, trading on the NASDAQ as ICFI. The company received criticism of its management of the Road Home program in the aftermath of Hurricane Katrina. In an article in The Washington Post, the company said it had addressed problems raised in those criticisms, and that state and federal fraud-prevention rules were in flux and made the grants administration process more time-consuming. The company later supported the Hurricane Sandy relief efforts for the State of New Jersey.

2007–present: Expansion of commercial work

Beginning in the 2000s, ICF grew in size and scope through a series of acquisitions. These acquisitions expanded the services offered by ICF and moved the company more into the commercial space. In 2007, federal, state and local government contracts generated 92 percent of company revenues. Commercial work, which accounted for 6 percent of revenues in 2007, grew to 20 percent of revenues by 2011. By the end of 2016, commercial work accounted for 35 percent of revenues.

In 2012, the company expanded its international business by acquiring London-based GHK Holding Limited, a consulting agency working with government and commercial clients. In 2014, it expanded its European presence with the acquisition of Belgian communications firm Mostra S.A. Through GHK and ICF Mostra, the company has worked with the European Commission.

In 2014, ICF acquired advertising agency Olson for $295 million. The company's work includes campaigns for Belize; Skittles, whose "Marshawn Lynch’s Skittles Press Conference" was named PRWeek's Product Brand Development Campaign of the Year in 2016; and Puppy Bowl sponsor Bissell. In 2016, ICF created ICF Olson, a public relations and marketing division. In addition to Olson, the new division absorbed other ICF acquisitions, including digital service firm Ironworks and engagement house CityTech.

ICF International rebranded as ICF in 2016.

In 2017, PRWeek reported that ICF/ICF Olson had experienced high growth in its public relations and digital business.

2019: ICF NEXT

In 2019, ICF launched subsidiary ICF NEXT, led by John Armstrong, who had previously co-founded IBM's Interactive Experience (iX) internal agency.

In 2023, ICF Next ceased operations in the United Kingdom, dissolving the UK company in 2024.

Operations and services

ICF is publicly traded on the NASDAQ as ICFI, and is headquartered in Reston, Virginia. As of year-end 2019, ICF employed around 9,000 workers in 75 regional offices throughout the U.S. and 15 offices in other countries. John Wasson is chair and chief executive officer. Barry Broadus is CFO.

The company provides management, technology and policy consulting, cybersecurity and implementation services in the following markets: government, energy, environment, infrastructure, transportation, health, education, social programs, public safety and security, consumer and financial. ICF initially focused on federal government consulting contracts in energy and the environment and expanded its commercial work in subsequent years.

Notable work

ICF's Integrated Planning Model (IPM) has been used by the U.S. Environmental Protection Agency (EPA) to project the impact of electric power business sector policies on the environment and to analyze the Clean Power Plan, Carbon Standards for New Power Plants, Mercury and Air Toxics Standards and the Cross-State Air Pollution Rule.

Other agencies, including the U.S. Forest Service of the U.S. Department of Agriculture, the Surface Transportation Board and the Federal Energy Regulatory Commission, have used IPM.

The EPA has awarded contracts to ICF to assist with the agency's Energy Star program, including technical and analytical support. The company also conducts the Demographic and Health Survey funded by the United States Agency for International Development.

Major acquisitions

Below is a table of ICF's major acquisitions:

Rankings and recognition

Rankings

Forbes ranked ICF No. 186 on its list of America's best midsize companies in 2017

PRWeek ranked ICF No. 15 on its Agency Business report in 2017

Advertising Age listed ICF Olson among its list of the 50 largest agencies in the world in 2016

Recognition

Women in Technology’s The Leadership Foundry presented its 2016 Corporate Leadership Award to ICF, whose eight-member board of directors includes three women

ICF's Olson Engage won Best in Show at the In2 SABRE Awards in 2016 for its Skittles Super Bowl campaign

ICF was named a “Fast Moving” brand by GBC, the research wing of the Government Executive Media Group, in its 2017 Leading Brands in Government study

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

ICFI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$90.30
Market Cap
$1.65B
P/E (TTM)
18.2
EPS (TTM)
$4.95
Revenue (TTM)
$1.87B
Div Yield
0.63%
ROE
9.0%
Debt/Equity
0.4
52W Range
$59 – $102

ICFI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $1.87B
10-point trend, +58.0%
2016-12-31 2025-12-31
EPS $4.95
10-point trend, +106.3%
2016-12-31 2025-12-31
Free Cash Flow $120M
9-point trend, +82.8%
2016-12-31 2025-12-31
Margins 4.9%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
ICFI
Peer Median
P/E (TTM)
5-point trend, -37.5%
18.2
23.3
P/S (TTM)
5-point trend, -10.9%
0.9
1.4
P/B
5-point trend, -19.6%
1.6
5.6
EV / EBITDA
5-point trend, -30.9%
10.0
Price / FCF
5-point trend, +43.2%
13.7

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
ICFI
Peer Median
Operating Margin
5-point trend, +31.5%
7.8%
Net Profit Margin
5-point trend, +34.0%
4.9%
5.9%
ROA
5-point trend, +24.0%
4.5%
4.1%
ROE
5-point trend, +21.0%
9.0%
15.1%
ROIC
5-point trend, +34.4%
8.3%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
ICFI
Peer Median
Debt / Equity
5-point trend, -6.9%
0.4
Current Ratio
5-point trend, +14.2%
1.3
2.3
Quick Ratio
5-point trend, +8.6%
0.6

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
ICFI
Peer Median
Revenue YoY
5-point trend, +20.6%
-7.3%
Revenue CAGR 3Y
5-point trend, +20.6%
1.7%
Revenue CAGR 5Y
5-point trend, +20.6%
4.4%
EPS YoY
5-point trend, +33.1%
-14.9%
Net Income YoY
5-point trend, +28.8%
-16.9%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
ICFI
Peer Median
EPS (Diluted)
5-point trend, +33.1%
$4.95

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
ICFI
Peer Median
Payout Ratio
5-point trend, -41.1%
11.3%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
0.63%
Payout Ratio
11.3%
5Y Div CAGR
Ex-dateAmount
June 5, 2026$0.1400
March 27, 2026$0.1400
Dec. 5, 2025$0.1400
Sept. 5, 2025$0.1400
June 6, 2025$0.1400
March 28, 2025$0.1400
Dec. 6, 2024$0.1400
Sept. 6, 2024$0.1400
June 7, 2024$0.1400
March 21, 2024$0.1400
Dec. 7, 2023$0.1400
Sept. 7, 2023$0.1400
June 8, 2023$0.1400
March 23, 2023$0.1400
Dec. 8, 2022$0.1400
Sept. 8, 2022$0.1400
June 9, 2022$0.1400
March 24, 2022$0.1400
Dec. 9, 2021$0.1400
Sept. 9, 2021$0.1400

ICFI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 11 analysts
  • Strong Buy 5 45.5%
  • Buy 4 36.4%
  • Hold 2 18.2%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

4 analysts · 2026-08-20
Median target $112.50 +24.6%
Mean target $107.25 +18.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.02%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.86 $1.68 0.18%
March 31, 2026 $1.50 $1.58 -0.08%
Dec. 31, 2025 $1.47 $1.52 -0.05%
Sept. 30, 2025 $1.67 $1.77 -0.10%
June 30, 2025 $1.66 $1.64 0.02%
March 31, 2025 $1.94 $1.77 0.17%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ICFI $1.56B 17.2 -7.3% 4.9% 9.0%
CBZ $2.74B 27.6 52.1% 4.2% 12.9%
HURN 29.6 11.7% 6.2% 20.9%
INOD $1.65B 55.4 47.6% 12.8% 37.7% 39.5%
TIC
BKSY -9.0 4.4%
CRAI $1.31B 24.6 9.3% 7.3% 26.7%
FBYD
WLDN $1.57B 30.6 20.5% 7.7% 19.5% 37.5%
LZ $1.76B 124.1 10.9% 2.0% 8.4% 65.9%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15
Annual Income Statement data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +78.3% $1.87B $2.02B $1.96B $1.78B $1.55B $1.51B $1.48B $1.34B $1.23B $1.19B $1.13B $1.05B
Cost of Revenue 12-point trend, +79.7% $1.18B $1.28B $1.27B $1.13B $980M $972M $953M $858M $772M $745M $694M $655M
SG&A Expense 12-point trend, +63.0% $492M $518M $505M $487M $431M $412M $396M $361M $346M $328M $329M $302M
Operating Expenses 12-point trend, +69.0% $551M $572M $566M $537M $463M $445M $424M $388M $375M $357M $363M $326M
Operating Income 12-point trend, +109.7% $145M $166M $132M $109M $111M $89M $101M $92M $82M $83M $75M $69M
Interest Expense 8-point trend, +141.0% · · · · $10M $14M $11M $9M $9M $9M $10M $4M
Other Non-op 12-point trend, -175.5% $-3M $2M $4M $-2M $-862.0K $-724.0K $-501.0K $-735.0K $121.0K $1M $-2M $-958.0K
Pretax Income 12-point trend, +74.6% $112M $138M $97M $84M $100M $75M $90M $83M $74M $75M $64M $64M
Income Tax 12-point trend, -15.4% $20M $28M $14M $20M $29M $20M $21M $21M $11M $28M $24M $24M
Net Income 12-point trend, +128.8% $92M $110M $83M $64M $71M $55M $69M $61M $63M $47M $39M $40M
EPS (Basic) 12-point trend, +143.6% $4.97 $5.88 $4.39 $3.41 $3.77 $2.92 $3.66 $3.27 $3.35 $2.45 $2.04 $2.04
EPS (Diluted) 12-point trend, +147.5% $4.95 $5.82 $4.35 $3.38 $3.72 $2.87 $3.59 $3.18 $3.27 $2.40 $2.00 $2.00
Shares (Basic) 12-point trend, -6.1% 18,414,000 18,747,000 18,802,000 18,818,000 18,868,000 18,841,000 18,816,000 18,797,000 18,766,000 18,989,000 19,335,000 19,608,000
Shares (Diluted) 12-point trend, -7.4% 18,516,000 18,925,000 18,994,000 19,033,000 19,124,000 19,135,000 19,224,000 19,335,000 19,244,000 19,416,000 19,663,000 19,997,000
EBITDA 11-point trend, +118.5% $204M $219M · $159M $143M $123M $130M $119M $111M $112M $109M $93M
Balance Sheet 28
Annual Balance Sheet data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -56.3% $5M $5M $6M $11M $8M $14M $6M $12M $12M $6M $8M $12M
Receivables 12-point trend, -8.6% $238M $257M $205M $232M $238M $223M $261M $231M $168M $281M $257M $260M
Prepaid Expense 12-point trend, +77.9% $18M $21M $28M $41M $42M $25M $17M $16M $11M $12M $10M $10M
Current Assets 12-point trend, +78.4% $514M $492M $447M $467M $449M $476M $435M $392M $331M $299M $275M $288M
PP&E (Net) 12-point trend, +35.0% $58M $67M $76M $85M $52M $62M $58M $48M $38M $40M $45M $43M
PP&E (Gross) 12-point trend, +19.4% $121M $125M $146M $150M $128M $158M $146M $129M $117M $115M $117M $102M
Accum. Depreciation 12-point trend, +7.9% $63M $58M $70M $65M $76M $95M $87M $81M $79M $74M $71M $58M
Goodwill 12-point trend, +82.1% $1.25B $1.25B $1.22B $1.21B $1.05B $910M $1.05B $716M $686M $684M $687M $688M
Intangibles 12-point trend, +6.3% $82M $112M $95M $127M $80M $60M $26M $35M $35M $46M $59M $77M
Other Non-current Assets 12-point trend, +193.9% $37M $30M $41M $52M $44M $32M $23M $21M $18M $14M $12M $13M
Total Assets 12-point trend, +84.6% $2.05B $2.07B $2.01B $2.09B $1.85B $1.67B $1.40B $1.21B $1.11B $1.09B $1.08B $1.11B
Accounts Payable 12-point trend, +87.9% $124M $160M $135M $136M $106M $91M $135M $103M $75M $71M $64M $66M
Accrued Liabilities 12-point trend, +68.6% $71M $87M $79M $78M $61M $101M $37M $39M $18M $53M $43M $42M
Current Liabilities 12-point trend, +98.9% $404M $449M $418M $416M $377M $427M $339M $278M $224M $192M $183M $203M
Capital Leases 7-point trend, +17.3% $140M $156M $175M $182M $192M $116M $119M · · · · ·
Deferred Tax 12-point trend, -75.5% $7M $0 $26M $68M $42M $34M $38M $40M $33M $39M $33M $28M
Other Non-current Liabilities 12-point trend, +616.7% $61M $56M $56M $24M $24M $40M $21M $21M $15M $13M $13M $8M
Total Liabilities 12-point trend, +67.6% $1.02B $1.08B $1.09B $1.24B $1.05B $920M $681M $553M $494M $520M $557M $610M
Long-term Debt 7-point trend, +144.3% $401M $412M $430M $556M $422M $313M $164M · · · · ·
Total Debt 11-point trend, +14.7% $401M $412M · $556M $422M $313M $165M $200M $206M $259M $312M $350M
Common Stock 12-point trend, +14.3% $24.0K $24.0K $24.0K $23.0K $23.0K $23.0K $23.0K $22.0K $22.0K $22.0K $21.0K $21.0K
Paid-in Capital 3-point trend, +9.4% · · · · · · · · · $292M $280M $267M
Retained Earnings 12-point trend, +234.4% $956M $875M $775M $703M $649M $589M $545M $486M $435M $372M $325M $286M
Treasury Stock 12-point trend, +660.0% $380M $320M $267M $244M $220M $197M $165M $140M $122M $89M $75M $50M
AOCI 12-point trend, -441.2% $-13M $-16M $-12M $-8M $-11M $-14M $-12M $-13M $-5M $-10M $-7M $-2M
Stockholders' Equity 12-point trend, +105.4% $1.03B $982M $918M $853M $803M $747M $715M $660M $616M $566M $523M $501M
Liabilities + Equity 12-point trend, +84.6% $2.05B $2.07B $2.01B $2.09B $1.85B $1.67B $1.40B $1.21B $1.11B $1.09B $1.08B $1.11B
Shares Outstanding 12-point trend, -6.1% 18,247,837 18,666,290 18,845,521 18,883,050 18,876,490 18,909,983 18,867,555 18,817,495 18,661,801 19,021,262 19,032,054 19,430,154
Cash Flow 15
Annual Cash Flow data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +144.3% $58M $53M $61M $50M $32M $34M $28M $27M $29M $29M $33M $24M
Stock-based Comp 12-point trend, +60.7% $18M $17M $15M $13M $13M $18M $16M $12M $10M $9M $11M $11M
Deferred Tax 12-point trend, -69.8% $1M $-32M $-27M $7M $9M $-2M $-123.0K $5M $-7M $9M $5M $4M
Amort. of Intangibles 12-point trend, -99.6% $43.2K $38M $42M $28M $12M $13M $8M $10M $11M $12M $17M $10M
Other Non-cash 11-point trend, -9235.5% $-27M $23M · $28M $-15M $69M $-21M $-31M $22M $-15M $-13M $293.0K
Operating Cash Flow 12-point trend, +79.2% $142M $172M $152M $162M $110M $173M $91M $75M $117M $80M $76M $79M
CapEx 12-point trend, +103.7% $22M $21M $22M $24M $20M $18M $27M $22M $15M $14M $13M $11M
Investing Cash Flow 12-point trend, +94.0% $-22M $-75M $-4M $-259M $-194M $-271M $-30M $-56M $-15M $-14M $-14M $-359M
Net Debt Issued 11-point trend, -221.4% $-1.36B $-1.25B · $-1.45B $-773M $-870M $-722M $-580M $-643M $-531M $-420M $-423M
Dividends Paid 8-point trend, +30.8% $10M $11M $11M $11M $11M $11M $11M $8M · · · ·
Financing Cash Flow 12-point trend, -129.7% $-84M $-87M $-153M $90M $23M $170M $-68M $-29M $-87M $-67M $-64M $284M
Net Change in Cash 12-point trend, +1083.6% $38M $9M $-4M $-7M $-62M $76M $-7M $-11M $16M $-1M $-4M $3M
Taxes Paid 3-point trend, +20.9% $28M $59M $23M · · · · · · · · ·
Free Cash Flow 11-point trend, +81.6% $120M $150M · $138M $90M $155M $65M $53M $103M $66M $64M $66M
Levered FCF 8-point trend, +30.6% · · · · $83M $145M $56M $46M $95M $60M $57M $64M
Profitability 7
Annual Profitability data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 11-point trend, +17.5% 7.8% 8.2% · 6.1% 7.1% 5.9% 6.9% 6.9% 6.7% 7.0% 6.6% 6.6%
Net Margin 11-point trend, +28.3% 4.9% 5.5% · 3.6% 4.6% 3.6% 4.7% 4.6% 5.1% 3.9% 3.5% 3.8%
Pretax Margin 11-point trend, -2.1% 6.0% 6.8% · 4.7% 6.4% 5.0% 6.1% 6.2% 6.0% 6.3% 5.6% 6.1%
EBITDA Margin 11-point trend, +22.5% 10.9% 10.9% · 8.9% 9.2% 8.2% 8.8% 8.9% 9.0% 9.4% 9.6% 8.9%
ROA 11-point trend, +0.7% 4.5% 5.4% · 3.3% 4.0% 3.6% 5.3% 5.3% 5.7% 4.3% 3.6% 4.4%
ROE 11-point trend, +10.0% 9.0% 11.2% · 7.6% 8.9% 7.5% 9.8% 9.4% 10.5% 8.6% 7.7% 8.2%
ROIC 11-point trend, +63.5% 8.3% 9.5% · 5.9% 6.4% 6.2% 8.8% 8.0% 8.5% 6.3% 5.6% 5.1%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 11-point trend, -10.3% 1.3 1.1 · 1.1 1.2 1.1 1.3 1.4 1.5 1.5 1.4 1.4
Quick Ratio 11-point trend, -55.1% 0.6 0.6 · 0.6 0.7 0.6 0.8 0.9 1.4 1.5 1.4 1.3
Debt / Equity 11-point trend, -44.2% 0.4 0.4 · 0.7 0.5 0.4 0.2 0.3 0.3 0.5 0.6 0.7
LT Debt / Equity 11-point trend, -44.2% 0.4 0.4 · 0.6 0.5 0.4 0.2 0.3 0.3 0.5 0.6 0.7
Interest Coverage 8-point trend, -33.6% · · · · 10.8 6.4 9.5 10.6 9.6 8.7 7.5 16.3
Efficiency 2
Annual Efficiency data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 11-point trend, -21.5% 0.9 1.0 · 0.9 0.9 1.0 1.1 1.2 1.1 1.1 1.0 1.2
Receivables Turnover 11-point trend, +67.7% 7.6 8.7 · 7.6 6.7 6.2 6.0 6.7 4.3 4.4 4.4 4.5
Per Share 6
Annual Per Share data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 11-point trend, +118.7% $56.36 $52.63 · $45.18 $42.56 $39.50 $37.87 $35.10 $33.01 $29.76 $27.49 $25.77
Revenue / Share 11-point trend, +92.6% $101.15 $106.73 · $93.52 $81.21 $78.75 $76.91 $69.20 $63.87 $61.04 $57.58 $52.51
Cash Flow / Share 11-point trend, +93.6% $7.66 $9.06 · $8.52 $5.76 $9.05 $4.76 $3.86 $6.09 $4.10 $3.88 $3.96
Cash / Share 11-point trend, -53.5% $0.29 $0.27 · $0.60 $0.44 $0.73 $0.34 $0.62 $0.63 $0.32 $0.41 $0.62
Dividend / Share Flat — no change across 8 periods $1 $1 $1 $1 $1 $1 $1 $1 · · · ·
EPS (TTM) 12-point trend, +147.5% $4.95 $5.82 $4.35 $3.38 $3.72 $2.87 $3.59 $3.18 $3.27 $2.40 $2.00 $2.00
Growth Rates 10
Annual Growth Rates data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -337.6% -7.3% 2.9% 10.3% 14.6% 3.1% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -81.5% 1.7% 9.2% 9.2% · · · · · · · · ·
Revenue CAGR 5Y 4.4% · · · · · · · · · · ·
EPS YoY 5-point trend, -150.5% -14.9% 33.8% 28.7% -9.1% 29.6% · · · · · · ·
EPS CAGR 3Y 3-point trend, -8.8% 13.6% 16.1% 14.9% · · · · · · · · ·
EPS CAGR 5Y 11.5% · · · · · · · · · · ·
Net Income YoY 5-point trend, -157.3% -16.9% 33.4% 28.6% -9.7% 29.4% · · · · · · ·
Net Income CAGR 3Y 3-point trend, -13.7% 12.6% 15.7% 14.5% · · · · · · · · ·
Net Income CAGR 5Y 10.8% · · · · · · · · · · ·
Dividend CAGR 5Y -0.37% · · · · · · · · · · ·
Valuation (TTM) 16
Annual Valuation (TTM) data for ICFI
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +78.3% $1.87B $2.02B $1.96B $1.78B $1.55B $1.51B $1.48B $1.34B $1.23B $1.19B $1.13B $1.05B
Net Income TTM 12-point trend, +128.8% $92M $110M $83M $64M $71M $55M $69M $61M $63M $47M $39M $40M
Market Cap 11-point trend, +95.5% $1.56B $2.23B · $1.87B $1.94B $1.41B $1.73B $1.22B $980M $1.05B $677M $796M
Enterprise Value 11-point trend, +72.2% $1.95B $2.63B · $2.42B $2.35B $1.70B $1.89B $1.41B $1.17B $1.30B $981M $1.13B
P/E 12-point trend, -15.9% 17.2 20.5 30.8 29.3 27.6 25.9 25.5 20.4 16.1 23.0 17.8 20.5
P/S 11-point trend, +9.6% 0.8 1.1 · 1.1 1.2 0.9 1.2 0.9 0.8 0.9 0.6 0.8
P/B 11-point trend, -4.8% 1.5 2.3 · 2.2 2.4 1.9 2.4 1.8 1.6 1.9 1.3 1.6
P / Cash Flow 11-point trend, +9.1% 11.0 13.0 · 11.5 17.6 8.1 18.9 16.3 8.4 13.2 8.9 10.1
P / FCF 11-point trend, +7.6% 12.9 14.8 · 13.6 21.4 9.0 26.8 23.1 9.5 16.0 10.6 12.0
EV / EBITDA 11-point trend, -21.2% 9.6 12.0 · 15.2 16.4 13.9 14.6 11.8 10.6 11.6 9.0 12.2
EV / FCF 11-point trend, -5.2% 16.2 17.5 · 17.5 26.0 11.0 29.2 26.6 11.4 19.8 15.4 17.1
EV / Revenue 11-point trend, -3.5% 1.0 1.3 · 1.4 1.5 1.1 1.3 1.1 1.0 1.1 0.9 1.1
Dividend Yield 7-point trend, +3.1% 0.67% 0.47% · 0.56% 0.55% 0.75% 0.61% 0.65% · · · ·
Earnings Yield 12-point trend, +18.9% 5.8% 4.9% 3.2% 3.4% 3.6% 3.9% 3.9% 4.9% 6.2% 4.3% 5.6% 4.9%
Payout Ratio 7-point trend, -12.3% 11.3% 9.5% · 16.4% 14.8% 19.2% 15.3% 12.9% · · · ·
Annual Payout 8-point trend, +30.8% $10M $11M $11M $11M $11M $11M $11M $8M · · · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $1.87B$2.02B$1.96B$1.78B$1.55B
Operating Margin % 7.8%8.2%6.1%7.1%
Net Income $92M$110M$83M$64M$71M
Diluted EPS $4.95$5.82$4.35$3.38$3.72
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.40.40.70.5
Current Ratio 1.31.11.11.2
Quick Ratio 0.60.60.60.7
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $120M$150M$138M$90M

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Institutional owners (13F) 252 filers · $1.0B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
46 (-15 vs prior Q) 52 (+24 vs prior Q) 90 (+27 vs prior Q) 52 (-29 vs prior Q) +12K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
ALLIANCEBERNSTEIN L.P. $92,530,947 1,417,230 9.09% Shares
WASATCH ADVISORS LP $76,705,957 1,174,850 7.54% Shares
DIMENSIONAL FUND ADVISORS LP $69,932,610 959,822 6.87% Shares
VANGUARD CAPITAL MANAGEMENT LLC $58,662,282 805,137 5.76% Shares
FMR LLC $55,567,408 762,660 5.46% Shares
Estuary Capital Management LP $39,276,567 539,069 3.86% Shares
STATE STREET CORP $35,470,190 485,874 3.49% Shares
TWO SIGMA INVESTMENTS, LP $35,164,932 482,637 3.46% Shares
SILVERCREST ASSET MANAGEMENT GROUP LLC $32,755,585 449,565 3.22% Shares
GEODE CAPITAL MANAGEMENT, LLC $30,563,896 419,392 3.00% Shares
AMERIPRISE FINANCIAL INC $22,296,290 306,015 2.19% Shares
Qube Research & Technologies Ltd $19,816,827 271,985 1.95% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $19,616,389 269,234 1.93% Shares
NEUMEIER POMA INVESTMENT COUNSEL LLC $19,529,759 268,045 1.92% Shares
Capital Research Global Investors $17,719,698 243,202 1.74% Shares
SYSTEMATIC FINANCIAL MANAGEMENT LP $17,194,159 235,989 1.69% Shares
Forager Capital Management, LLC $17,187,674 235,900 1.69% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $15,669,709 215,066 1.54% Shares
VICTORY CAPITAL MANAGEMENT INC $15,614,481 214,308 1.53% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $15,586,511 209,243 1.53% Shares
KENNEDY CAPITAL MANAGEMENT LLC $15,168,723 208,190 1.49% Shares
Tributary Capital Management, LLC $14,904,244 204,560 1.46% Shares
WELLINGTON MANAGEMENT GROUP LLP $14,210,032 195,032 1.40% Shares
Redwood Grove Capital, LLC $14,051,197 192,852 1.38% Shares
Robeco Schweiz AG $11,962,738 164,188 1.18% Shares
GOLDMAN SACHS GROUP INC $11,273,118 154,723 1.11% Shares
BARCLAYS PLC $9,098,393 124,875 0.89% Shares
D. E. Shaw & Co., Inc. $8,769,867 120,366 0.86% Shares
VANGUARD FIDUCIARY TRUST CO $8,755,586 120,170 0.86% Shares
Squarepoint Ops LLC $7,581,739 104,059 0.75% Shares
MILLENNIUM MANAGEMENT LLC $7,346,037 100,824 0.72% Shares
THIRD AVENUE MANAGEMENT LLC $7,205,344 98,893 0.71% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $6,736,345 92,456 0.66% Shares
NORGES BANK $6,601,116 90,600 0.65% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $6,357,764 87,260 0.62% Shares
NICHOLAS COMPANY, INC. $6,114,848 83,926 0.60% Shares
TWO SIGMA ADVISERS, LP $5,881,264 68,948 0.58% Shares
Clearbridge Investments, LLC $5,602,525 76,894 0.55% Shares
FIRST TRUST ADVISORS LP $5,550,037 76,174 0.55% Shares
BlackRock, Inc. $5,410,875 74,264 0.53% Shares
Bank of New York Mellon Corp $4,767,958 65,440 0.47% Shares
MORGAN STANLEY $4,747,922 65,165 0.47% Shares
ENVESTNET ASSET MANAGEMENT INC $4,326,028 59,375 0.43% Shares
Balyasny Asset Management L.P. $4,248,321 58,308 0.42% Shares
Man Group plc $4,125,042 56,616 0.41% Shares
Empowered Funds, LLC $3,880,524 53,260 0.38% Shares
GABELLI FUNDS LLC $3,788,720 52,000 0.37% Shares
Quantinno Capital Management LP $3,703,110 50,825 0.36% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $3,212,252 44,088 0.32% Shares
ANCHOR CAPITAL ADVISORS LLC $3,205,403 43,994 0.31% Shares
Riverwater Partners LLC $3,091,251 42,427 0.30% Shares
IEQ CAPITAL, LLC $3,055,457 41,936 0.30% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $3,054,510 41,923 0.30% Shares
BANK OF AMERICA CORP /DE/ $2,882,852 39,567 0.28% Shares
Corient Private Wealth LP $2,859,590 39,242 0.28% Shares
Swiss National Bank $2,673,962 36,700 0.26% Shares
Militia Capital Management LLC $2,622,960 36,000 0.26% Shares
RAYMOND JAMES FINANCIAL INC $2,533,675 34,775 0.25% Shares
JOHNSON INVESTMENT COUNSEL INC $2,331,083 31,994 0.23% Shares
Mariner, LLC $2,311,906 31,726 0.23% Shares
XTX Topco Ltd $2,270,828 31,167 0.22% Shares
ZB,N.A. $2,252,592 18,896 0.22% Shares
MARSHALL WACE, LLP $2,225,363 30,543 0.22% Shares
Vanguard Global Advisers, LLC $2,029,078 27,849 0.20% Shares
PRINCIPAL FINANCIAL GROUP INC $1,996,000 27,395 0.20% Shares
Boston Partners $1,931,010 26,503 0.19% Shares
RHUMBLINE ADVISERS $1,799,703 24,701 0.18% Shares
CAPITAL FUND MANAGEMENT S.A. $1,735,598 23,821 0.17% Shares
WEDGE CAPITAL MANAGEMENT L L P/NC $1,704,200 26,102 0.17% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $1,504,195 20,645 0.15% Shares
JUPITER ASSET MANAGEMENT LTD $1,324,158 18,174 0.13% Shares
BLAIR WILLIAM & CO/IL $1,285,194 17,639 0.13% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $1,279,007 16,647 0.13% Shares
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO $1,208,675 16,589 0.12% Shares
MERCER GLOBAL ADVISORS INC /ADV $1,169,913 16,057 0.11% Shares
VANGUARD GROUP INC $1,147,285 13,450 0.11% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $1,120,376 17,160 0.11% Shares
Atom Investors LP $1,079,858 14,821 0.11% Shares
QSV Equity Investors LLC $1,042,195 12,218 0.10% Shares
AZZAD ASSET MANAGEMENT INC /ADV $981,665 13,473 0.10% Shares
Dynamic Advisor Solutions LLC $973,045 13,355 0.10% Shares
LPL Financial LLC $969,346 13,304 0.10% Shares
DARK FOREST CAPITAL MANAGEMENT LP $927,654 12,732 0.09% Shares
VANGUARD ASSET MANAGEMENT, Ltd $876,142 12,025 0.09% Shares
Voleon Capital Management LP $832,863 11,431 0.08% Shares
MetLife Investment Management, LLC $783,099 10,748 0.08% Shares
LAZARD ASSET MANAGEMENT LLC $718,327 9,859 0.07% Shares
BNP PARIBAS FINANCIAL MARKETS $703,318 9,653 0.07% Shares
Vident Advisory, LLC $686,633 9,424 0.07% Shares
JENNISON ASSOCIATES LLC $675,995 9,278 0.07% Shares
Gotham Asset Management, LLC $672,862 9,235 0.07% Shares
Freestone Grove Partners LP $657,926 9,030 0.06% Shares
JONES FINANCIAL COMPANIES LLLP $651,599 9,112 0.06% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $624,775 8,575 0.06% Shares
CAPTRUST FINANCIAL ADVISORS $614,210 8,430 0.06% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $613,408 8,419 0.06% Shares
STIFEL FINANCIAL CORP $610,268 8,374 0.06% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $601,824 8,260 0.06% Shares
B. Metzler seel. Sohn & Co. AG $566,049 7,769 0.06% Shares
AlphaQuest LLC $560,592 6,572 0.06% Shares

Company insiders 36 insiders · 6 officers · 14 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
John Wasson CEO & President July 13, 2026 S 27,511 0 1 $-993,873
Sandra Murray Interim CFO April 1, 2012 M 4,689 0 0 $0
Ronald P Vargo EVP and CFO May 10, 2011 M 6,496 0 0 $0
Alan Stewart SVP, CFO and Secretary March 26, 2010 M 2,719 0 0 $0
Isabel S. Reiff Executive Vice President May 8, 2013 M 503 0 0 $0
Gerald Croan EVP April 8, 2012 M 23,844 0 0 $0
Michelle A Williams Director July 1, 2026 A 8,498 0 0 $0
Marilyn C Crouther Director July 1, 2026 A 10,859 0 0 $0
Randall Mehl Director July 1, 2026 A 23,851 4 0 $159,299
Scott B Salmirs Director July 1, 2026 A 11,650 0 0 $0
Srikant M. Datar Director July 1, 2026 A 5,998 0 0 $0
Caroline Angoorly Director July 1, 2026 A 4,441 0 0 $0
Michael J Van Handel Director July 1, 2026 A 26,531 2 0 $491,120
Ernerst J Moniz Director May 18, 2013 D 0 0 0 $0
Lawrence S Kocot Director July 2, 2012 A 6,255 0 0 $0
Edward H Bersoff Director June 1, 2012 A 42,352 0 0 $0
Joel R Jacks Director March 9, 2012 S 73,570 0 0 $0
Richard M Feldt Director June 3, 2011 A 17,023 0 0 $0
David Lucien Director May 10, 2011 A 22,883 0 0 $0
Anne F Choate March 20, 2026 M 10,480 0 0 $0
Ranjit S Chadha March 20, 2026 M 258 0 0 $0
Sergio J Ostria March 20, 2026 M 26,467 0 0 $0
James C M Morgan March 20, 2026 M 49,683 0 2 $-237,956
Barry M Broadus Jan. 20, 2026 F 9,610 0 0 $0
Rodney Mark Lee Jr. Dec. 29, 2023 A 6,063 0 0 $0
Cheryl W Grise July 3, 2023 A 17,750 0 0 $0
Donald J Terreri Aug. 7, 2022 M 33 0 0 $0
Bettina Garcia Welsh March 20, 2022 M 3,872 0 0 $0
Peter M Schulte Dec. 10, 2021 G 53,918 0 0 $0
Sudhakar Kesavan Jan. 26, 2021 F 271,553 0 0 $0
Eileen O'Shea Auen July 1, 2020 A 40,406 0 0 $0
Theresa D Golinvaux May 7, 2020 M 116 0 0 $0
Ellen Glover March 21, 2019 M 36,671 0 0 $0
Richard Dewayne Taylor March 20, 2019 M 1,220 0 0 $0
Sanjay Gupta July 2, 2018 A 10,081 0 0 $0
Leslye G Katz April 3, 2017 A 7,724 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 1 position

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Sagard Capital Partners, L.P., Sagard Capital Partners GP, Inc., Sagard Capital Partners Management Corp. ×6 filings March 1, 2016 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 56 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
FYT · First Trust Exchange-Traded AlphaDE… 0.65% 16,735 NS April 30, 2026 N-PORT
FYX · First Trust Exchange-Traded AlphaDE… 0.31% 53,169 NS April 30, 2026 N-PORT
ROSC · Lattice Strategies Trust 0.16% 1,246 NS April 30, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.13% 2,587 NS April 30, 2026 N-PORT
AFSM · First Trust Exchange-Traded Fund VI… 0.13% 1,842 NS May 31, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.12% 13,551 NS May 31, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.09% 98,477 NS April 30, 2026 N-PORT
PSC · Principal Exchange-Traded Funds 0.08% 27,091 NS June 30, 2026 N-PORT
EBIT · Harbor ETF Trust 0.08% 128 NS April 30, 2026 N-PORT
FSCC · Federated Hermes ETF Trust 0.08% 3,020 NS May 31, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.07% 6,746 NS April 30, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.06% 71,968 NS May 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.05% 102,412 NS April 30, 2026 N-PORT
RSSL · Global X Funds 0.04% 7,965 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.03% 864 NS May 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.03% 60,082 NS April 30, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.03% 88,082 NS May 31, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.02% 3,383 NS May 31, 2026 N-PORT
NUSC · Nushares ETF Trust 0.02% 3,655 NS April 30, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.02% 1,116 NS April 30, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.02% 5,599 NS April 30, 2026 N-PORT
UWM · ProShares Trust 0.02% 676 NS May 31, 2026 N-PORT
URTY · ProShares Trust 0.01% 685 NS May 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.01% 14,984 NS April 30, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.01% 35,404 NS April 30, 2026 N-PORT
HDG · ProShares Trust 0.01% 17 NS May 31, 2026 N-PORT
ONEQ · Fidelity Commonwealth Trust 0.01% 7,961 NS May 31, 2026 N-PORT
FNDB · SCHWAB STRATEGIC TRUST 0.00% 886 NS May 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 1,717 NS April 30, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 6,323 NS April 30, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.00% 3,377 NS April 30, 2026 N-PORT
SCHB · SCHWAB STRATEGIC TRUST 0.00% 10,618 NS May 31, 2026 N-PORT
EBI · RBB Fund Trust 0.00% 150 NS May 31, 2026 N-PORT
TILT · FlexShares Trust 0.00% 308 NS April 30, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS July 15, 2026 Daily
VTI · VANGUARD INDEX FUNDS July 15, 2026 Daily
VFQY · VANGUARD WELLINGTON FUND July 30, 2026 Daily
VFVA · VANGUARD WELLINGTON FUND July 30, 2026 Daily
VFMF · VANGUARD WELLINGTON FUND July 30, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS July 15, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS July 15, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS July 15, 2026 Daily
ITOT · iShares Trust Aug. 5, 2026 Daily
IWV · iShares Trust Aug. 18, 2026 Daily
IWN · iShares Trust Aug. 17, 2026 Daily
IWM · iShares Trust Aug. 18, 2026 Daily
SVAL · iShares Trust Aug. 5, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust July 23, 2026 Daily
VIS · VANGUARD WORLD FUND July 20, 2026 Daily
ISCB · iShares Trust Aug. 5, 2026 Daily