ICLR vs IT
Icon PLC and Gartner Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ICLR | IT |
|---|---|---|
| Revenue | $8.3B | $6.5B |
| Net income | $229.3M | $729.2M |
| Gross margin | 26.4% | 68.8% |
| Net margin | 2.8% | 11.2% |
| Return on equity | 2.5% | 86.9% |
| Diluted EPS | $2.90 | $9.65 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $862.0M | · |
| Equity | $9.2B | $319.9M |
| Net debt / equity | 0.24× | 3.94× |
| Current ratio | 1.10× | 1.00× |
| Revenue CAGR 5y | 24.2% | 9.6% |
| Profit CAGR 5y | −7.2% | 22.3% |
ICLR bills 1.3× the revenue of IT, and IT keeps more of each dollar of revenue as profit (11.2% against 2.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ICLR | IT |
|---|---|---|
| FY2025 | $8.3B | $6.5B |
| FY2024 | $8.2B | $6.3B |
| FY2023 | $8.1B | $5.9B |
| FY2022 | $7.7B | $5.5B |
| FY2021 | $5.5B | $4.7B |
| FY2020 | $2.8B | $4.1B |
| FY2019 | $2.8B | $4.2B |
| FY2018 | $2.6B | $4.0B |
| FY2017 | $1.8B | $3.3B |
| FY2016 | $1.7B | $2.4B |
Bottom line
| Fiscal year | ICLR | IT |
|---|---|---|
| FY2025 | $229.3M | $729.2M |
| FY2024 | $739.1M | $1.3B |
| FY2023 | $554.2M | $882.5M |
| FY2022 | $505.3M | $807.8M |
| FY2021 | $153.2M | $793.6M |
| FY2020 | $332.3M | $266.7M |
| FY2019 | $374.0M | $233.3M |
| FY2018 | $322.7M | $122.5M |
| FY2017 | $281.5M | $3.3M |
| FY2016 | $262.2M | $193.6M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,754,114,000 | ICLR |
| FY2024 | +$1,921,579,000 | ICLR |
| FY2023 | +$2,147,970,000 | ICLR |
| FY2022 | +$2,265,540,000 | ICLR |
| FY2021 | +$746,864,000 | ICLR |
| FY2020 | −$1,302,115,000 | IT |
| FY2019 | −$1,439,482,000 | IT |
| FY2018 | −$1,379,677,000 | IT |
| FY2017 | −$1,553,055,000 | IT |
| FY2016 | −$778,053,000 | IT |
| FY2015 | −$588,078,000 | IT |
| FY2014 | −$518,125,000 | IT |
| FY2013 | −$448,155,000 | IT |
| FY2012 | −$500,802,000 | IT |
| FY2011 | −$522,859,000 | IT |
| FY2010 | −$388,410,000 | IT |
| FY2009 | −$252,188,000 | IT |
| FY2008 | −$413,817,000 | IT |
The higher-revenue side has changed between ICLR and IT over this period. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −8.4 pp | IT |
| FY2024 | −11.0 pp | IT |
| FY2023 | −8.1 pp | IT |
| FY2022 | −8.2 pp | IT |
| FY2021 | −14.0 pp | IT |
| FY2020 | +5.4 pp | ICLR |
| FY2019 | +7.9 pp | ICLR |
| FY2018 | +9.3 pp | ICLR |
| FY2017 | +15.9 pp | ICLR |
| FY2016 | +7.8 pp | ICLR |
| FY2015 | +7.1 pp | ICLR |
| FY2014 | +2.4 pp | ICLR |
| FY2013 | −2.6 pp | IT |
| FY2012 | −5.3 pp | IT |
| FY2011 | −6.9 pp | IT |
| FY2010 | +2.2 pp | ICLR |
| FY2009 | +3.3 pp | ICLR |
| FY2008 | +0.9 pp | ICLR |
The higher net margin has changed hands between ICLR and IT over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IT's net margin has been more volatile than ICLR's over the 18 comparable fiscal years — 4.7 percentage points of standard deviation against 4.3.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ICLR and IT over these 18 fiscal years — ICLR led in 10 and IT in 8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IT's return on equity has been more volatile than ICLR's over the 14 comparable fiscal years — 70.3 percentage points of standard deviation against 8.4.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ICLR and IT over these 14 fiscal years — ICLR led in 2 and IT in 12.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.